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Business News- Freedom Report- top- CIT group, small business lender- near bankruptcy
Posted By admin On 30. October 2009 @ 02:09 In gov news, christian news, business news, obama news, US News, blog news, Freedom News | 1 Comment
[3] Lender CIT Group close to bankruptcy- Reuters
30. October 2009 by admin.
NEW YORK (Reuters) - CIT Group ([4] CIT.N) is likely to file for bankruptcy in the coming days, analysts and experts said.
The lender to small and medium-sized businesses is trying to restructure its debt, and is offering investors two options.
One path would be getting its unsecured debt holders — who hold a total of about $30 billion — to voluntarily exchange their bonds for new securities and equity. That path would avoid a bankruptcy filing.
[5] http://www.reuters.com/article/businessNews/idUSTRE59S5JB20091029?feedType=RSS&feedName=businessNews
[6] Business News- US- Green- Natural Gas- Exxon last Q losses trend for natural gas
30. October 2009 by admin.
Posted by: Steve LeVine on October 29
Today’s message from Exxon: Think, value, embrace natural gas.
The world’s largest publicly traded oil company reported its third-quarter earnings today, and — apart from its [7] missed profit numbers — natural gas is the most significant story.
It’s been clear for a year or more that Exxon — along with most of Big Oil — is becoming more of a natural gas-led company than a dominant oil play. That’s significant because generally oil earns a lot more money by volume than natural gas. But since accessible conventional oil is in shorter and shorter supply — at least at economical-to-produce costs — Big Oil is making a virtue of the necessity of turning to natural gas for replenishing its reserve base.
[8] http://www.businessweek.com/blogs/money_politics/archives/2009/10/exxons_latest_q.html
Posted in [9] Uncategorized | [10] Edit | [11] No Comments »
30. October 2009 by admin.
From Newser- News that the US gross domestic product jumped 3.5% in the third quarter cheered investors and others, but the cheers will ring hollow if unemployment keeps rising, [13] John Authers writes. Consumer spending rose even as disposable income fell—“ not a pattern that can be sustained for long, and it is inconsistent with the need for US families to pay down their debts,” he notes in the Financial Times.
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30. October 2009 by admin.
The U.S. economy would have turned in a far worse performance in the third quarter without help from the federal government. Now the question is whether growth can continue without that support.
Congress and the White House aren’t yet ready to put that issue to the test. On Thursday, the Obama administration endorsed lawmakers’ efforts to extend tax credits for home buyers for another five months and to make them available to more people.
[21] http://online.wsj.com/article/SB125686010435717399.html?mod=rss_economy
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URL to article: http://blog.freedomist.info/2009/10/30/business-news-freedom-report-top-cit-group-small-business-lender-near-bankruptcy/
URLs in this post:
[1] Business News Freedom report: http://us.newstweeters.com/2009/10/30/business-news-us-small-business-lender-cit
-group-close-to-bankruptcy-reuters/
[2] Top Story- Business News- US- Small Business: http://us.newstweeters.com/2009/10/30/business-news-us-small-business-lender-cit
-group-close-to-bankruptcy-reuters/
[3] Lender CIT Group close to bankruptcy- Reuters: http://us.newstweeters.com/2009/10/30/business-news-us-small-business-lender-cit
-group-close-to-bankruptcy-reuters/
[4] CIT.N: http://www.reuters.com/finance/stocks/overview?symbol=CIT.N
[5] http://www.reuters.com/article/businessNews/idUSTRE59S5JB20091029?feedType=RSS&feedName=businessNews: http://www.reuters.com/article/businessNews/idUSTRE59S5JB20091029?feedType=RSS&a
mp;feedName=businessNews
[6] Business News- US- Green- Natural Gas- Exxon last Q losses trend for natural gas: http://us.newstweeters.com/2009/10/30/business-news-us-green-natural-gas-exxon-l
ast-q-losses-trend-for-natural-gas/
[7] missed profit numbers: http://www.bloomberg.com/apps/news?pid=20601087&sid=axCksMDZ6t7Q
[8] http://www.businessweek.com/blogs/money_politics/archives/2009/10/exxons_latest_q.html: http://www.businessweek.com/blogs/money_politics/archives/2009/10/exxons_latest_
q.html
[9] Uncategorized: http://us.newstweeters.com/category/uncategorized/
[10] Edit: http://us.newstweeters.com/wp-admin/post.php?action=edit&post=82
[11] No Comments »: http://us.newstweeters.com/2009/10/30/business-news-us-green-natural-gas-exxon-l
ast-q-losses-trend-for-natural-gas/#respond
[12] Business News- US- GDP jump tempered by unemployment highs- newser: http://us.newstweeters.com/2009/10/30/business-news-us-gdp-jump-tempered-by-unem
ployment-highs-newser/
[13] John Authers: http://www.ft.com/cms/s/0/c54e1b6c-c4b5-11de-8d54-00144feab49a.html
[14] http://www.newser.com/story/72885/us-gdp-jump-hollow-if-unemployment-keeps-rising.html?utm_source=twitter&utm_medium=social&utm_campaign=bus: http://www.newser.com/story/72885/us-gdp-jump-hollow-if-unemployment-keeps-risin
g.html?utm_source=twitter&utm_medium=social&utm_campaign=bus
[15] Uncategorized: http://us.newstweeters.com/category/uncategorized/
[16] Edit: http://us.newstweeters.com/wp-admin/post.php?action=edit&post=81
[17] No Comments »: http://us.newstweeters.com/2009/10/30/business-news-us-gdp-jump-tempered-by-unem
ployment-highs-newser/#respond
[18] Business News- US- the case for the stimulus- editorial- wall street journal: http://us.newstweeters.com/2009/10/30/business-news-us-the-case-for-the-stimulus
-editorial-wall-street-journal/
[19] JAMES R. HAGERTY: http://online.wsj.com/search/search_center.html?KEYWORDS=JAMES+R.+HAGERTY&AR
TICLESEARCHQUERY_PARSER=bylineAND
[20] JON HILSENRATH: http://online.wsj.com/search/search_center.html?KEYWORDS=JON+HILSENRATH&ARTI
CLESEARCHQUERY_PARSER=bylineAND
[21] http://online.wsj.com/article/SB125686010435717399.html?mod=rss_economy: http://online.wsj.com/article/SB125686010435717399.html?mod=rss_economy
[22] Uncategorized: http://us.newstweeters.com/category/uncategorized/
[23] Edit: http://us.newstweeters.com/wp-admin/post.php?action=edit&post=80
[24] No Comments »: http://us.newstweeters.com/2009/10/30/business-news-us-the-case-for-the-stimulus
-editorial-wall-street-journal/#respond
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