Stocks mostly fell Tuesday as mixed reports on home prices and consumer confidence give investors little incentive to step into the market.
Johnson Controls posts 4Q profit, backs guidance (AP via Yahoo! News)
Johnson Controls Inc. said Tuesday that cost cuts and operational improvements bolstered its profit in the fourth quarter, helping to offset the effects of the continued weak economy on its sales.
Icahn Seeks to Block CIT Debt Swap With Retail Offer (Update2) (Bloomberg)
Oct. 27 (Bloomberg) — Carl Icahn , who says he’s the largest bondholder of CIT Group Inc. with $2 billion of debt, is offering to limit the downside for smaller noteholders if they support him in opposing the lender’s $30 billion debt exchange.
Argentina Files Annual SEC Report As Part Of Debt Plan (Nasdaq)
BUENOS AIRES -(Dow Jones)- The Argentine government filed an annual report with the U.S. Securities and Exchange Commission Tuesday as part of a requirement to restructure billions of dollars in defaulted debt.
Icahn offers to buy outstanding CIT Group debt (AP via Yahoo! News)
Billionaire investor Carl Icahn offered Tuesday to buy certain classes of debt from CIT Group Inc. bondholders as he tries to thwart a restructuring plan by the commercial lender.
Icahn Seeks to Block CIT Debt Swap With Retail Offer (Update1) (Bloomberg)
Oct. 27 (Bloomberg) — Carl Icahn , the billionaire investor who says he is the largest bondholder of CIT Group Inc. , is offering to limit the downside for smaller noteholders if they support him in opposing the lender’s $30 billion debt exchange.
Dubai Said to Restrict Planned Bond to Islamic Debt (Update1) (Bloomberg)
Oct. 27 (Bloomberg) — Dubai plans to limit its first international debt sale in 18 months to Islamic bonds after setting up a $6.5 billion program to sell medium-term notes, according to a banker involved in the deal.
Paying Down the National Debt via YouTube « Visualizing Economics
Homemade video trying to show why it is not a problem that China owns part of the U.S. government’s debt. Scroll 3 minutes into the video and you can see how he used low-tech paper to explain what would happen if we pay down the debt. …
Investor Icahn offers to buy CIT Group debt if bondholders agree …
Billionaire investor Carl Icahn offered Tuesday to buy bonds from CIT Group Inc.’s smaller bondholders at a discount as he tries to thwart a restructuring plan by the commercial lender.
Reached October debt goal: Ceejay74's Personal Finance Blog
Now that I’m aggressively paying down debt again, after focusing on the EF for much of the year, I keep looking ahead to what I might try for next. Recently I’m thinking that once I knock out all my personal and CC debt, I’d like to go …
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