Latest Press Release on credit

Financial Facts Reports on Widespread Consumer Mistrust as Credit Card Transactions Drop 27%
LONDON, Nov. 21 /PRNewswire/ -- A startling report from Financial Facts has identified that consumers are ignoring the many benefits of credit cards due to worries of nightmare debts. Paul Rodford of the UK Cards Association notes: "The future of credit cards is unde...

---

Veeco Upcoming Investor Events
PLAINVIEW, N.Y. - Veeco Instruments Inc. (Nasdaq: VECO) today announced the following upcoming Investor Relations events: Veeco management is scheduled to present on: Tuesday, December 1, 2009 at 9:00 AM MT at the Credit Suisse Annual Technology

---

A.M. Best Affirms Ratings of Assurant, Inc. and Its Subsidiaries
OLDWICK, N.J. - A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the property/casualty and life/health insurance subsidiaries of Assurant, Inc. (Assurant) (New York, NY) [NYSE: AIZ]. Additionally, A.M. Best has

---

Fitch Affirms 1 and Downgrades 3 Classes of Porter Square CDO I, Ltd./Inc.
NEW YORK - Fitch Ratings has downgraded three classes and affirmed one class of notes issued by Porter Square CDO I, Ltd./Inc. (Porter Square I) as a result of continued credit deterioration in the portfolio since last review in November 2007. Approximately 70% of the portfolio has been

---

Credit Card Mailings Rise to Highest Level since December 2008
CHICAGO - The latest tentative sign of economic recovery? Credit card direct mail volume is back on the rise.

---

EDP Renewables Targets to Invest $4 Billion in American Wind Energy Generation Through 2012
Company executives credit U.S. commitment to a clean energy economy as key reason for private investment WASHINGTON, Nov. 18 /PRNewswire/ -- Officials from EDP and EDP Renewables, the world's second largest generator of wind energy in terms of market capi...

---

TI Chief Financial Officer Kevin March to deliver keynote at Credit Suisse investor conference
DALLAS, Nov. 20 /PRNewswire/ -- Texas Instruments Incorporated (TI) (NYSE: TXN) Senior Vice President and Chief Financial Officer Kevin March will deliver keynote remarks at the Credit Suisse Annual Technology Conference in Scottsdale, Ariz., on Tuesday, Dec. 1, at 8 a.m. Mounta...

---

A.M. Best Assigns Ratings to Queen’s Island Insurance Company, Ltd.
OLDWICK, N.J. - A.M. Best Co. has assigned a financial strength rating of A+ (Superior) and issuer credit rating of “aa-” to Queen’s Island Insurance Company, Ltd. (Queen’s Island) (Hamilton, Bermuda). The outlook assigned to both ratings is stable.

---

Fitch Downgrades Abacus 2007-18; Removes from Watch Negative
NEW YORK - Fitch Ratings has downgraded and removed from Rating Watch Negative five classes issued by Abacus 2007-18 as a result of significant negative credit migration of the commercial mortgage backed securities (CMBS) collateral within the reference portfolio. A complete list of rating

---

Fitch Publishes U.S. CMBS Focus Report on Cobalt 2007-C3
NEW YORK - Fitch Ratings has published its U.S. CMBS Focus Performance Report on Cobalt CMBS Commercial Mortgage Trust, series 2007-C3 (Cobalt 2007-C3). The report provides a detailed and up-to-date perspective on key credit characteristics of the Cobalt 2007-C3 transaction and property-leve

---

Fitch Rates Florida's $155MM GO PECO Bonds 'AA+'; Outlook Negative
NEW YORK - Fitch Ratings has assigned an 'AA+' rating to the state of Florida's $155,100,000 full faith and credit state board of education public education capital outlay (PECO) bonds, consisting of 2009 series E tax-exempt bonds and 2009 series F Build America Bonds (federally taxab

---

Synergex Closes $5 Million Credit Facility
MISSISSAUGA, ONTARIO -- 11/23/09 -- Synergex Corporation ("Synergex") or (the "Company")(TSX: SYX) a premier international sales, marketing, and distribution company today announced that it has completed a revolving credit facility in the amount of..

---

SUPERVALU to Participate at Bank of America Merrill Lynch 2009 Credit Conference
MINNEAPOLIS - SUPERVALU INC. (NYSE:SVU) Vice President of Investor Relations David Oliver and Group Vice President & Treasurer John Boyd will present at the Bank of America Merrill Lynch 2009 Credit Conference in New York City on Wednesday December 2, 2009 at approximately 2:00 PM Easter

---

Fitch Downgrades 6 Classes of G-Star 2005-5 Ltd.
NEW YORK - Fitch Ratings has downgraded six classes of notes issued by G-Star 2005-5 Ltd. (G-Star 2005-5) as a result of continued credit deterioration in the portfolio since Fitch's last rating action in August 2008. Approximately 68.5% of the portfolio has been downgraded since that

---

ARAMARK to Present at Investor Conference
PHILADELPHIA - ARAMARK Corporation, a world leader in providing professional services, will participate in the Bank of America Merrill Lynch Credit Conference in New York City. Fred Sutherland, Executive Vice President & Chief Financial Officer, and Chris Holland, Senior Vice President &

---

Citrix Executives to Present at Upcoming Investor Conferences
FORT LAUDERDALE, Fla. - Citrix Systems, Inc. (NASDAQ:CTXS) today announced that company executives will present at three upcoming investor conferences. Mark Templeton, president and CEO, will present at the Credit Suisse Annual Technology Conference to be held in Scottsdale,

---

Fannie Mae Names Former Credit Suisse Executive to Board of Directors
WASHINGTON, Nov. 23 -- Fannie Mae (NYSE: FMN) today announced that Jonathan Plutzik has been elected to the Board of Directors, where he will serve on the Compensation and Risk Policy & Capital committees. Mr. Plutzik worked at Credit Suisse Gr...

---

Northrop Grumman to Present at Credit Suisse Fifteenth Annual Aerospace and Defense Conference
LOS ANGELES, Nov. 23 -- Northrop Grumman Corporation (NYSE: NOC) will present at the Credit Suisse Fifteenth Annual Aerospace and Defense Conference on Wednesday, Dec. 2, 2009. The presentation by Northrop Grumman Chief Financial Officer James F. Palmer will ...

---

Common Home Defects Revealed by HomeTeam Inspection Service
MILFORD, Ohio, Nov. 23 /PRNewswire/ -- First-time homebuyers received much-needed assistance this year thanks to $8,000 tax credits. Congress recently voted to extend and expand the tax credit to include homeowners buying another property. If you're taking advantage of this, be sure to ...

---

Rite Aid to Present at Bank of America Credit Conference December 3
CAMP HILL, Pa. - Rite Aid Corporation (NYSE: RAD) announced today that John Standley, president and chief operating officer, and Frank Vitrano, chief financial and chief administrative officer, will address the Bank of America Credit Conference on December 3, 2009. Rite Aid&rs

---

A.M. Best Downgrades Ratings of MVP Health Care, Inc.’s Insurance Subsidiaries
OLDWICK, N.J. - A.M. Best Co. has downgraded the financial strength ratings (FSR) to B (Fair) from B+ (Good) and issuer credit ratings (ICR) to “bb+” from “bbb-”of MVP Health Insurance Company (Schenectady, NY) and Preferred Assurance Company, Inc.

---

Equifax Offers Consumers a FREE Snapshot of Their Credit Score Range
ATLANTA, Nov. 19 -- Equifax, Inc. (NYSE: EFX), announced today an addition to its Personal Information Solutions suite of identity protection, credit monitoring and personal finance products, Equifax Credit Score Card((TM)). The Equifax Credit S...

---

CRE Secure Adds PayPal Payflow Pro Gateway Compatibility to PCI Service
Outsourced PCI-Compliant Payment Acceptance Service now connects to PayPal’s popular payment gateway /I/P PAtlanta (PRWEB) -- CRE Secure, the first cloud-based security payment system that is fully compliant with new credit card security rules, announces today that it has expanded...

---

NRF Welcomes GAO Report on Credit Card ‘Swipe Fees’
WASHINGTON - The National Retail Federation welcomed a report issued today by the General Accountability Office on the $48 billion in “swipe” fees that credit card companies collect from merchants and their customers each year. “This report shines a s

---

Harris Corporation CFO Gary L. McArthur to Speak at Credit Suisse 2009 Aerospace and Defense Conference
MELBOURNE, Fla., Nov. 19 -- Gary L. McArthur, senior vice president and chief financial officer of Harris Corporation (NYSE: HRS), an international communications and information technology company, will be a featured speaker at the Credit Suisse 2009 Aerospace an...

---