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BANGALORE, June 12 (Reuters) - Raymarine Plc ( RAY.L ), a supplier of electronic equipment to the marine market, said it was operating close to the limit of its current bank facilities and that it was exploring an equity fundraising or a sale of the ...
LONDON (Reuters) - More than one in ten households may have fallen into negative equity, the Bank of England said on Friday, similar to levels seen in the mid-1990s. The central bank estimated in the first quarter of 2009 between 700,000 and 1.1 ...
Readers of Wednesday’s reverse mortgage story are emailing with the same question: Does it make sense to get a reverse mortgage? The answer: it depends. Brokers say the program makes sense for cash-poor, but house-rich seniors who have exhausted ...
June 12 (Bloomberg) -- Credit-default swaps traders settling contracts that protected against a General Motors Corp. default set an initial value of 11 cents on the dollar for the automaker’s bonds. The price, the result of an initial round of ...
Standard & Poor's Ratings Services on Friday lowered its ratings on commercial finance and leasing provider CIT Group Inc. to non-investment grade status, citing its available liquidity and ability to repay debt. S&P cut the ratings, including CIT's ...
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