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| Wal-Mart Opposes Settlement with Credit-Card Networks Wall Street Journal Wal-Mart Stores Inc. (WMT) urged merchants Tuesday to reject a pending multibillion settlement reached by Visa Inc. (V) and MasterCard Inc. (MA) of numerous lawsuits filed by retailers over credit-card fees. The move is the latest swipe taken by the world's ... See all stories on this topic » | ||
| Germany's Credit Limits Wall Street Journal It's not a downgrade, but on Monday Moody's put Germany, Holland and Luxembourg on watch. The credit-rating agency's move leaves Finland, with a debt-to-GDP ratio of 49%, as the only triple-A member of the euro zone that is not at risk for a downgrade. See all stories on this topic » | ||
| Wal-Mart opposed to $6-billion credit card fee settlement Los Angeles Times Wal-Mart Stores Inc. urged retailers to reject a proposed $6-billion settlement that Visa Inc., MasterCard Inc. and major banks have agreed to pay retailers for alleged fee fixing. The settlement, reached this month, had been considered a victory for retailers. See all stories on this topic » | ||
| Wal-Mart Opposes Credit-Card Settlement Fox Business "The proposed settlement would not structurally change the broken market or prohibit credit card networks from continually increasing hidden swipe fees," Wal-Mart said in a statement, adding that it urges "all merchants to put consumers first and reject the ... See all stories on this topic » | ||
| Walmart Urges Retailers To Reject Credit Card Settlement Huffington Post It settled a lawsuit that claimed card issuers conspired to fix merchants' fees for accepting credit cards. Retailers have long complained about the billions of dollars in "swipe" or "interchange" fees that that they have had to pay, which average about 2 percent of ... See all stories on this topic » | ||
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| Moody's puts Penn State on credit review CNN NEW YORK (CNNMoney) -- Moody's put Penn State on notice for a possible credit downgrade Tuesday, citing continued fallout from the university's child sex abuse scandal and risks posed by ongoing state and federal investigations. Penn State currently ... See all stories on this topic » | ||
| JPMorgan in $100 million credit card settlement Reuters N) has agreed to pay $100 million to settle litigation by credit card customers who accused the largest U.S. bank of improperly boosting their minimum payments as a means to generate higher fees. The class-action settlement resolves a three-year-old case ... See all stories on this topic » | ||
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| Moody's may downgrade Penn State's credit Yahoo! Sports NEW YORK (AP) -- Moody's Investors Service said Tuesday it may cut its rating on Penn State's credit as the university deals with the fallout from the Jerry Sandusky child sexual-abuse case and sanctions against the school's football team. The agency has an ... See all stories on this topic » | ||
| Wal-Mart opposes proposed settlement on credit card fees Reuters NEW YORK, July 24 (Reuters) - Wal-Mart Stores Inc, the world's largest retailer, on Tuesday joined the growing chorus of merchants opposed to a proposed settlement with Visa Inc. and MasterCard Inc over credit card fees. Wal-Mart said the $7.25 billion ... See all stories on this topic » | ||
| ASIA CREDIT CLOSE: Spreads widen, CNOOC underperforms after Nexen bid Reuters HONG KONG, July 24 (IFR) - Asian credit spreads widened today with the Chinese state-run energy firms under additional pressure after CNOOC announced plans to buy Canadian oil producer Nexen for USD15.1bn. The spread widening came despite ... See all stories on this topic » | ||
| CREDIT MARKETS: Treasurys Soar, Issuers Undeterred as 'Risk Off' Continues Wall Street Journal By Katy Burne. Investors rushed into U.S. Treasury debt for safety Tuesday, sending bond yields to record lows for a second-straight session as the risk-off trade rolled on. Corporate issuers were undeterred, even as the CDX North America Investment Grade ... See all stories on this topic » | ||
| Big stores and customers fight proposed credit card fees Wink News NAPLES, Fla - Big stores and customers are on the same side fighting against proposed new rules that allow stores to charge you more to use your credit card. It could happen soon. A pending settlement between credit card companies and retailers would ... See all stories on this topic » | ||
| JPMorgan Chase Settles Credit Card Lawsuit New York Times JPMorgan Chase agreed to pay $100 million to settle a lawsuit filed by customers who said that the nation's largest bank increased monthly minimum payments due on credit cards to generate more fees. The settlement, filed in court on Monday, needs to be ... See all stories on this topic » | ||
| Christie signs bill to boost New Jersey's solar industry Reuters WASHINGTON (Reuters) - New Jersey Governor Chris Christie signed into law on Monday a bill that aims to stabilize the largest solar market in the United States, which has suffered from a sharp decline in demand for renewable energy credit and credit ... See all stories on this topic » | ||
| Walmart and Target denounce deal on credit card fees STLtoday.com Mastercard and Visa may have some lawyers' buy-in for their proposed settlement of a lawsuit over credit-card swipe fees, but they don't have the support of retail heavyweights Walmart and Target. Target announced its opposition first, in a statement issued ... See all stories on this topic » | ||
| Recommended: JPMorgan Chase settles with credit card customers for $100 ... msnbc.com The credit card settlement requires approval by U.S. District Judge Maxine Chesney. A hearing to consider preliminary approval is scheduled for August 3. In midday trading, JPMorgan shares were down 10 cents at $34.34 on the New York Stock Exchange. See all stories on this topic » | ||
| Four Credit Card Myths of Stay-at-Home Spouses Fox Business 'I Can Never Get a Credit Card!' Stay-at-home parents still can get a credit card if they apply jointly with their spouse for a card or if they're added as an authorized user on a spouse's existing account. What will be difficult is for the homebound parents to get ... See all stories on this topic » | ||
| Credit Card Users May Pay An Additional Fee TheStreet.com When retailers and credit card issuers argue about fees, does the consumer win? The consumer is generally ignored in these discussions. Businesses are controlling the dialogue. Businesses, particularly small businesses that rely on profit margins more than ... See all stories on this topic » | ||
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| Penn St. loses State Farm ads, faces possible credit rating cut Chicago Sun-Times State Farm is pulling its ads from Penn State football broadcasts, while General Motors is reconsidering its sponsorship deal and Wall Street is threatening to downgrade the school's credit rating, suggesting the price of the sexual abuse scandal could go well ... See all stories on this topic » | ||
| Moody's Germany Credit Downgrade Warning Stokes Ire Over Europe Bailouts Huffington Post BERLIN, July 24 (Reuters) - The prospect of Europe's biggest economy losing its cherished AAA credit status has unsettled Germans, already angry about footing the bill for bailouts, and triggered calls for an even tougher stance on Greece and other euro ... See all stories on this topic » | ||
| JPMorgan to pay $100M in credit card settlement Wall Street Journal NEW YORK — JPMorgan Chase has agreed to pay $100 million to settle a lawsuit by customers who claim the nation's largest bank improperly increased minimum payments on their credit card bills. The proposed settlement would end a three-year-old case ... See all stories on this topic » | ||
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| Mofaz 'credits' PM with halting leftist Kadima split Jerusalem Post Kadima leader Shaul Mofaz will apparently emerge from the final day of the winter Knesset session on Wednesday with his 28-MK faction unbroken, despite efforts on the Right and Left to divide it, sources in all the camps in Kadima said Tuesday night. See all stories on this topic » | ||
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| City's credit rating pressured [The Charlotte Observer, NC] Businessweek July 24--Ongoing job cuts at Bank of America and Wells Fargo are putting pressure on the city of Charlotte's pristine credit rating, according to a report Monday from Moody's Investors Service. Citing the large percentage of Charlotte's workforce employed by ... See all stories on this topic » | ||
| TEXT-S&P may change GenCorp 'B' corporate credit rating Reuters Overview -- GenCorp plans to acquire Pratt & Whitney Rocketdyne from United Technologies Corp. for $550 million, which it will fund mostly with debt. -- We are placing our 'B' corporate credit rating on GenCorp on CreditWatch with developing implications. See all stories on this topic » | ||
| Wal-Mart Says Visa, MasterCard Settlement Won't Fix 'Broken' System Fox Business The world's largest retailer on Tuesday said it was "disappointed" in the $7.25 billion credit card interchange fee settlement because it won't "structurally change the broken market or prohibit credit card networks from continually increasing hidden swipe fees." ... See all stories on this topic » | ||
| Zale Enters New $665 Million Credit Facility Wall Street Journal By Nathalie Tadena. Zale Corp. (ZLC) said it has secured a new $665 million credit facility, which the jewelry retailer said will reduce its borrowing costs and accelerate its return to profitability. The new facility includes an amended and extended $650 million ... See all stories on this topic » | ||
| Credit Swaps in U.S. Jump on Signs Europe's Crisis Is Spreading San Francisco Chronicle July 24 (Bloomberg) -- A gauge of U.S. company debt risk rose a third day after Moody's Investors Service cut its outlook on the top credit ratings of Germany, the Netherlands and Luxembourg, fueling concern Europe's fiscal crisis is spreading. The Markit CDX ... See all stories on this topic » | ||
| Analyst Actions: Credit Suisse on Nexen NASDAQ Analyst Actions: Credit Suisse on Nexen. Midnight Trader. Follow Midnight Trader; See all from Midnight Trader. More from Midnight Trader: Real Time Analyst Upgrades/Downgrades · Real Time Stock News & Trading Ideas · Free Earnings Calendar ... See all stories on this topic » | ||
| JPMorgan Agrees To Pay $100 Million For Forcing Higher Fees On Consumers Huffington Post By Jonathan Stempel July 24 (Reuters) - JPMorgan Chase & Co has agreed to pay $100 million to settle litigation by credit card customers who accused the largest U.S. bank of improperly boosting their minimum payments as a means to generate higher fees. See all stories on this topic » | ||
| Great Credit Cards With No Foreign Transaction Fees Business Insider Credit is often a great way to pay for hotels, travel expenses, and daily purchases when you are traveling abroad, for two key reasons: a) convenience and b) you get the interbank exchange rate on your purchases in a foreign country, which is almost always ... See all stories on this topic » | ||
| Wal-Mart Opposes Planned Settlement With Credit-Card Giants Wall Street Journal On Tuesday, the world's biggest retailer said the proposed deal "would not structurally change the broken market or prohibit credit-card networks from continually increasing hidden swipe fees, which already cost consumers tens of billions of dollars each year. See all stories on this topic » | ||
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| Cuomo signs film tax credit expansion Albany Times Union (blog) The law signed today by the Governor increases the percentage of tax credits available for projects that did not film in New York but will now qualify for credits for post-production work done in New York. Under the new law, the qualified film and television post ... See all stories on this topic » |
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