2008-10-10 22:41:00

Rackspace borrows $150 million from credit lineBusinessWeek - 3 hours agoThe credit line is provided by Comerica Bank, JPMorgan Chase, Wachovia Bank, Bank of America and The Frost National Bank, Rackspace said. ...Economic uncertainty worries leads Rackspace to draw on credit line Bizjournals.comall 23 news articles.

2008-10-10 22:41:00

Greek shares sharply lower in early afternoon trade, in line with ...Forbes, NY - 11 hours agoAlpha Bank SA fell 8.3 percent to 12.74 euros, and Bank of Piraeus SA dipped 8.1 percent to 11.16 euros, both on the poor market sentiment. ....

2008-10-10 22:41:00

Horace Mann shares slide, insurer taps credit lineForbes, NY - Oct 9, 2008... after the insurance company disclosed that it was forced to tap $75 million from a bank credit line because of the freeze in the credit markets. ....

2008-10-10 22:41:00

Ocean Bank pursues foreclosure against Vero Beach projectBizjournals.com, NC - 8 hours agoThe complaint also says there is a default on the full amount of a nearly $13.5 million line of credit Ocean Bank granted in 2006 to Bahia Honda, ....

2008-10-10 22:41:00

Nashville City PaperHow To Tell If Your Small Bank Is In TroubleForbes, NY - 49 minutes ago... called Schedule RC-R, and look for the line item "Total risk-based capital ratio." Next, look at the bank's loan-to-deposit ratio. ...Local banks strong amid widespread money crisis Jones County NewsHigher Assessments Weigh on Bank Profits Barron'sBank deposits grew for years - until now Bizjournals.comPress-Register - al.com - CBS2 Chicagoall 586 news articles.

2008-10-10 22:41:00

WNCTGlossary: Translating the financial crisisInternational Herald Tribune, France - 3 hours agoHOME EQUITY LINE OF CREDIT (HELOC): A line of credit secured by a home. Borrowers can draw on it for a fixed period set by the lender, usually five to 10 ...Credit markets see a few, tentative signs of thaw The Associated PressCredit freeze sees small cracks CNNMoney.comHow the Fed interest-rate cut may affect you Los Angeles TimesTheNewsTribune.com - Euroweek.comall 1,399 news articles.

2008-10-10 22:41:00

* Morgan Stanley shares drop 41 pctguardian.co.uk, UK - 3 hours agoShares of Mitsubishi UFJ fell 8.5 percent to 710 yen, in line with a 9 percent drop in Tokyo's index of bank stocks. (Additional reporting by Sachi Izumi, ...Street Under Siege--And Briefly Under 8000 ForbesMorgan Stanley and Goldman tumble on downgrade fears Times OnlineINSTNAT VIEW: Morgan Stanley shares tumble amid deal fears ReutersWall Street Journal - guardian.co.ukall 955 news articles.

2008-10-10 22:41:00

Pacific Alliance Bank Announces Third Quarter ResultsMarketWatch - 2 hours agoThis loan was technically past due 34 days, due to the borrower's being out of country on an extended trip at and subsequent to the line renewal date. ....

2008-10-10 22:41:00

BBC NewsIMF under pressure to produce global responseIrish Times, Ireland - 15 hours agoThe line goes dead. When Ben Bernanke, the chairman of the US Federal Reserve, makes a speech, Wall Street hangs on every word. ...Video: Cash injection for US banks? ReutersVideoIMF's Strauss-Kahn Says Europe Needs "Collective Line of Defence ... CEP NewsCommonwealth says IMF 'slept on the job' The Citizen Dailyguardian.co.ukall 527 news articles.

2008-10-10 22:41:00

Check Out Line: Economy rains on Macy’s paradeReuters UK, UK - 8 hours agoCheck Out Macy’s slashing its 2008 profit outlook as it eyes the gathering storm clouds ahead. Macy’s, which also runs the Bloomingdale’s chain, ....