AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
BUSINESS BRIEFS.(TO THE POINT)
DIVERSIFIED
ABB to sell financing unit to GE
The Swiss industrial group will sell 80% of its leasing and financing portfolio for $2.3 bil cash plus $1.2 bil in debt. General Electric will get assets valued at $3.8 bil, including outstanding loans and leases worth $3.4 bil. ABB is trying to cut its $5.2 bil debt. ABB rose 10%.
INTERNET
AOL wrapping up reorganization
After a month on the job, America Online CEO Jonathan Miller may announce plans to overhaul the AOL Time Warner unit as soon as this week, sources said. The restructuring will focus on its deal-making group, which has spurred two federal inquiries into AOL's accounting. Miller also will ...
- Top Subprime Lenders & Their Owners.
- Magazine article from: National Mortgage News May 16, 2005 700+ words
...Prod. Vol. Owner Line/Charter Ameriquest/Argent (e) $77,500 Ameriquest Capital Non-depository New Century $42,236 New Century Fin. Non-depository/REIT Countrywide Home Lns. $39,441 Countrywide Fin. Commercial bank WaMu/Long...
- New Century Announces Fourth Quarter Secondary Marketing Transaction; New...
- Press release article from: PR Newswire December 19, 2003 700+ words
New Century Financial Corporation announced today that its secondary...rate and fixed-rate mortgage loans originated by New Century. The completion of this security brings New Century's on-balance sheet portfolio total to $4.9 billion...
- New Century Commences Registered Offer for 3.50% Convertible Senior Notes.
- Press release article from: PR Newswire November 22, 2004 700+ words
New Century Financial Corporation , a mortgage real...that its wholly-owned subsidiary, New Century TRS Holdings, Inc., has commenced...due 2008 for shares of common stock of New Century Financial and cash. New Century TRS...
- New Century Financial Corporation Announces Decision to Convert to a Real...
- Press release article from: PR Newswire April 5, 2004 700+ words
New Century Financial Corporation , one of the nation...financial matters and shareholder approval. New Century's management and Board of Directors...ability to achieve growth objectives. New Century is finalizing the structural issues...
- New Century Financial Corporation Subsidiary Completes Purchase of Certain...
- Press release article from: PR Newswire February 6, 2006 700+ words
...Feb. 6 /PRNewswire-FirstCall/ -- New Century Financial Corporation , a real estate...of its wholly-owned subsidiaries, New Century Warehouse Corporation, completed the...Vice President, Secondary Marketing of New Century Financial Corporation. "We welcome...
- New Century Bancorp Announces New Board of Directors and Chairman.
- Press release article from: PR Newswire April 4, 2008 700+ words
...April 4, 2008 /PRNewswire-FirstCall/ -- Following the recent merger of New Century Bank South into New Century Bank, the holding company, New Century Bancorp (Nasdaq: NCBC - the "Company") announced a new board of directors and...
- New Century Financial Corporation to Purchase Certain Assets of Access Lending...
- Press release article from: PR Newswire December 22, 2005 700+ words
...22 /PRNewswire-FirstCall/ -- New Century Financial Corporation , a real estate...of its wholly-owned subsidiaries, New Century Warehouse Corporation, will purchase...conditions. "This transaction allows New Century to enter the growing and underserved...
- New Century Announces Strategic Alliance with U.S. Bancorp; U.S. Bancorp to...
- Press release article from: PR Newswire October 19, 1998 700+ words
...Calif., Oct. 19 /PRNewswire/ -- New Century Financial Corporation (Nasdaq: NCEN...to enter into a strategic alliance. New Century Financial Corporation is a specialty...million in convertible preferred stock of New Century; -- U.S. Bancorp will purchase...