NEW YORK (Dow Jones)– U.S. Treasury bonds rose and corporate issues softened slightly in holiday-shortened Friday trading as the dearth of economic data and the close of trading for 2011 kept most money managers inactive. The bids for assets such as investment-grade and guaranteed mortgage-backed securities mostly held their ground, however, suggesting investors were searching ...Read More
NEW YORK (Dow Jones)– U.S. Treasury bonds rose and corporate issues softened slightly in holiday-shortened Friday trading as the dearth of economic data and the close of trading for 2011 kept most money managers inactive. The bids for assets such as investment-grade and guaranteed mortgage-backed securities mostly held their ground, however, suggesting investors were searching ...Read More
This post comes from Jeanine Skowronski at partner site MainStreet. An increase in credit card solicitations, delinquencies and fruitful sign-on bonuses indicates 2012 may, in fact, be a big year for credit cards. But whether or not a plastic revival will be good for consumers depends on how well they manage their accounts. To help ...Read More
By: Diane Lee | News Channel 7Published: December 27, 2011 Updated: December 27, 2011 – 11:20 AM SPARTANBURG, S.C. – This time of year shoppers are known to pull out the credit cards faster than you can say happy holidays. Perhaps the only comfort following that January bill may be knowing you’re earning points towards ...Read More
Credit Suisse Research Analyst Moshe Orenbuch published a report titled “U.S. Credit Card – Charging Ahead in 2012; Competition Rising; Networks Better Positioned – Favor Visa” on Dec 19, 2011. The report isn’t publicly available but we are going to summarize the important points. Orenbuch analyzed U.S.-based credit card companies and their current operating dynamics. ...Read More
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of Evergreen Reinsurance Company, Ltd. (ERCL) (Bermuda). The outlook for both ratings is stable. The ratings reflect ERCL’s solid risk-adjusted capitalization, consistently profitable operating performance and effective risk control under the risk management philosophy of its ultimate ...Read More
[unable to retrieve full-text content] Best Buy® Announces Sizzling Post-Christmas Deals on Must-Have TechnologyReuters (press release)On approved purchases on the Best Buy consumer credit cards offered by HSBC Bank Nevada, NA Certain rules apply to the allocation of payments and Interest Charges on your promotional purchase, if you make more than one purchase on your ...Read More
[unable to retrieve full-text content] Best Buy® Announces Sizzling Post-Christmas Deals on Must-Have TechnologyReuters (press release)On approved purchases on the Best Buy consumer credit cards offered by HSBC Bank Nevada, NA Certain rules apply to the allocation of payments and Interest Charges on your promotional purchase, if you make more than one purchase on your ...Read More
OLDWICK, N.J., Dec 23, 2011 (BUSINESS WIRE) — A.M. Best Co. has downgraded the issuer credit ratings (ICR) to “aa-” from “aa” and affirmed the financial strength rating (FSR) of A+ (Superior) of The Cincinnati Insurance Companies (CIC) and its standard market property/casualty members. Concurrently, A.M. Best has affirmed the FSR of A (Excellent) and ...Read More
OLDWICK, N.J., Dec 23, 2011 (BUSINESS WIRE) — A.M. Best Co. has downgraded the issuer credit ratings (ICR) to “aa-” from “aa” and affirmed the financial strength rating (FSR) of A+ (Superior) of The Cincinnati Insurance Companies (CIC) and its standard market property/casualty members. Concurrently, A.M. Best has affirmed the FSR of A (Excellent) and ...Read More