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Bob Hope Airport faces tough times
Thanks to the loss of an airline, declining parking revenues and fewer passengers using the airfield, Bob Hope Airport is facing one of its roughest budget years ever, officials reported this week.
Airport officials also are staring at a multimillion-...Tags: Bob Hope, Credit Ratings, American Airlines, Inc., Los Angeles International Airport, Economy, Business and Finance
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Credit rating agency uneasy about Bob Hope Airport transit center
The credit rating agency Fitch this week warned that a planned $90-million transit center could significantly increase Bob Hope Airport's debt burden.
In maintaining its AA- rating for the Burbank-Glendale-Pasadena Airport Authority, the agency warned...Tags: Bob Hope, Credit Ratings, Los Angeles International Airport, Credit and Debt
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Bob Hope gets credit rating warning
Bob Hope Airport received a warning this week that its credit rating is likely to suffer if it issues bonds to cover most of the construction costs for its proposed $120-million transit center.
On Tuesday, Fitch Ratings put out a “negative watch&...Tags: Bob Hope, Credit Ratings, Travel, Minor League Baseball, Bonds
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The makings of a short sale
Graphic artist Alexandra Kael bought a home on Glenmore Boulevard near the Glendale (2) Freeway in 2004 for about $675,000. Last year, she said, she lost her job and faced a bleak freelance market. She had to scrape together money to make her mortgage....Tags: Glendale (Los Angeles, California), Credit Ratings, Real Estate Sellers, Foreclosures, Property
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Schiff aims to help small businesses
With small business still the missing link in the slow-and-go economic recovery, Rep. Adam Schiff (D-Burbank) is bringing together numerous government agencies and business groups for a daylong Small Business Assistance and Career Opportunity Fair on Aug....Tags: Glendale (Los Angeles, California), New York, Companies and Corporations, Crime, Law and Justice, Rocky Delgadillo
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Figuring out the right price for Facebook stock isn't easy
At $38 a pop, nobody liked Facebook. So what is the right price for the world's largest social network? Facebook Inc. shares have fallen 16.5% since the company's opening day flop May 18, closing Friday at $31.91. Accusations of wrongdoing are flying, as...Tags: Employees, Advertising, Amazon.com Inc., Companies and Corporations, Sociology
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S&P downgrades credit ratings of five Spanish banks
The outlook for the Spanish banking system worsened sharply Friday when Standard & Poor's slashed the credit ratings of five banks and said the country was headed for a double-dip recession. One of the banks, Bankia, asked the government for 19 billion...Tags: Credit Ratings, Moody's Corporation, Spain, Economy, Business and Finance, Finance
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Ford credit rating upgrade wins back iconic oval logo pledged away
Moody's Investors Service raised the credit rating for Ford Motor Co. to an investment grade Tuesday, giving its seal of approval to a corporate turnaround of the business that started with heavy borrowing at the end of 2006. The move returns control...
Tags: Companies and Corporations, Automotive Equipment, Ferrari, Ford, Economy, Business and Finance
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Official: Blue Oval no longer in hock as Ford credit rating upgraded
Autoblog.comFiled under: Ford, Earnings/Financials Moody's upgraded Ford's credit rating to investment grade today, the final step for the company to be able to reclaim its Blue Oval. Ford had offered its globally recognized trademark as part of a 2006 loan package.... -
Ford credit rating upgrade wins it control of famous oval logo
Moody's Investors Service raised the credit rating of Ford Motor Co. to an investment grade, giving its seal of approval to a corporate turnaround of the business that started with heavy borrowing at the end of 2006.
The move Tuesday returns control of...Tags: Companies and Corporations, Automotive Equipment, Ford Motor Co., Ford, Economy, Business and Finance
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Is Facebook IPO a flop?
NEW YORK (AP) — Facebook’s newly public stock is sliding further on its third trading day as investors reconsider how much the social network is worth. The company’s long-anticipated initial public offering of stock raised $16 billion,...
Tags: Morgan Stanley Dean Witter & Company, Companies and Corporations, Earnings, Sociology, Stock Market
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Eaton Corp. buying Cooper
CLEVELAND (AP) -- Eaton Corp.has agreed to purchase Cooper Industries PLC in a cash-and-stock deal valued at about $11.46 billion that is designed to expand its reach in the global electrical power and distribution industry. The deal announced Monday...Tags: Cooper Industries Incorporated, Morgan Stanley Dean Witter & Company, Companies and Corporations, Stock Market, Alexander M. Cutler
Mar 11, 2012
|Story| Glendale News Press
Nov 23, 2011
|Story| Glendale News Press
Jun 3, 2011
|Story| Glendale News Press
Aug 30, 2010
|Story| Glendale News Press
Jul 29, 2010
|Story| Glendale News Press
May 26, 2012
|Story| Los Angeles Times
May 26, 2012
|Story| Los Angeles Times
May 22, 2012
|Story| Los Angeles Times
May 23, 2012
|Blog| Autoblog.com
May 23, 2012
|Story| Los Angeles Times
May 22, 2012
|Story| Petoskey News
May 22, 2012
|Story| South Bend Tribune
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