Consumer wages are stagnant and will probably stay that way for a while. That was the verdict of the U.S. Labor Department. The Labor Department evaluated the average hourly earnings of non-supervisory and production workers in the private sector and found that wages are not moving much right now with … [Read more...]
Casino Planning Debt Swap
September 8, 2009 By Leave a Comment
Las Vegas casino MGM Mirage is in talks to swap up to a half a billion dollars in notes that would allow the company the space it needs to recoup on its heavy debt load. … [Read more...]
American Airlines Has A Big Debt Sale
August 6, 2009 By Leave a Comment
The world's second largest air carrier, American Airlines, sold $276.4 million in debt backed by aircraft in order to accumulate a stockpile of cash before the slow winter travel season takes hold across the United States. … [Read more...]
$5 Billion In Short-Term Debt Sales In California
November 4, 2008 By Leave a Comment
Thursday, October 16 - California's sale of short-term notes increased to $5 billion today as investor orders showered the markets. This action put an end to the cash flow emergency that may have sent California to the Federal government for a loan. California State Treasurer Bill Lockyer stated that … [Read more...]