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Finance > Leveraged Company
The following information is about Leveraged Company.
Leveraged Company Defined
A company that has debt in its capital structure.
This definition is in context to Finance. See more contextual defintions for Leveraged Company.
Canada Stocks Drop to 3-Year Low on Commodity, Growth Concern
Published October 6, 2008, 3:04 pm, Bloomberg
Oct. 6 (Bloomberg) -- Canadian stocks fell, sending the main index to the lowest in three years, as commodity producers slid on concern their profits will be hurt by a global recession.
Bank of America Offers Stock, Cuts Payout; Net Falls (Update2)
Published October 6, 2008, 3:00 pm, Bloomberg
Oct. 6 (Bloomberg) -- Bank of America Corp. , the bank that bought Countrywide Financial Corp., halved its dividend and plans to sell $10 billion in common shares after third-quarter profit fell 68 percent. The stock declined in late trading.
Credit crisis adds to pressures on auto dealers
Published October 6, 2008, 2:49 pm, Madison Daily Leader
NEW YORK (AP) -- Hundreds of thousands of new cars and trucks that would have quickly made their way to people's driveways a year ago are now stacking up on dealer lots across the country, with potential buyers worried about whether they'll keep their jobs, be able to pay for gas, or qualify for a car loan.
Financial Expert: Don't Bail Out of the Stock Market
Published October 6, 2008, 2:40 pm, FOX 4 News Kansas City
Investment analysts say if you pull your money out of the market now, you could be sitting on the sidelines and unable to recoup some of your losses when it rebounds. Financial analysts said Monday's stock market nose dive scared some investors into bailing out.
Ontario Teachers' Buys Industrial Cleaner Aquilex From Harvest
Published October 6, 2008, 2:07 pm, Bloomberg
Oct. 6 (Bloomberg) -- Ontario Teachers' Pension Plan, Canada's third-biggest public retirement-fund manager, agreed to buy U.S. industrial-cleaning company Aquilex Holdings LLC in its second private-equity acquisition of 2008. Terms weren't disclosed.
System Crash on Wall Street
Published October 6, 2008, 2:02 pm, O'Reilly Media
The credit markets are seizing up, Congress-critters are trying to make the case for spending billions in a "rescue" package, the stock market gyrations are giving people whiplash, banks are popping like sulfur-filled bubbles and companies are suddenly having to make some hard decision about payroll at a time even when they have more than enough work. The end of the world as we know it seems to ...
CORRECT: Bank of America profit falls 68%, firm cuts dividend
Published October 6, 2008, 2:00 pm, Market Watch
Bank of America says its third-quarter profit fell by more than two-thirds on the back of rising charges for soured credit market investments. The company also says it is cutting its dividend in half and will sell up to $10 billion in common stock to beef up its balance sheet.
Bank of America Announces Third Quarter Earnings and Capital Raising Initiatives
Published October 6, 2008, 1:56 pm, PR Newswire via Yahoo! Finance
Bank of America Corporation today reported third quarter 2008 net income of US$1.18 billion, or US$0.15 per share, down from US$3.70 billion, or US$0.82 per share, a year earlier.
BofA news release
Published October 6, 2008, 1:32 pm, The Charlotte Observer
Bank of America Announces Third Quarter Earnings and Capital Raising Initiatives Monday October 6, 4:10 pm ET Earns $1.18 Billion, or $0.15 Per Share Selling Approximately $10 Billion in Common Stock Reduces Fourth Quarter Dividend 50 Percent to $0.32 CHARLOTTE, N.C., Oct. 6 /PRNewswire-FirstCall/ -- Bank of America Corporation today reported third quarter 2008 net income of $1.18 ...
Credit Crisis Adds Pressures To Car Dealers
Published October 6, 2008, 1:22 pm, WCVB Boston
Car dealers face increasing costs for the credit they use to keep inventory in their showrooms.
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