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Deutsche Telekom Posts Higher Profit, Repeats Goals (Update4) (Bloomberg)

Aug. 6 (Bloomberg) — Deutsche Telekom AG , Europe’s biggest telephone company, reported a 32 percent increase in second- quarter profit and reiterated full-year forecasts on measures to improve operations in the U.K., U.S. and Poland.

Deutsche Telekom Posts Higher Profit, Repeats Goals (Correct) (Bloomberg)

(Corrects earnings estimate comparison in 10th paragraph.)_ Aug. 6 (Bloomberg) — Deutsche Telekom AG , Europe’s biggest telephone company, reported a 32 percent increase in second- quarter profit and reiterated full-year forecasts on measures to improve operations in the U.K., U.S. and Poland.

Enel looks to refinance €10bn of its debt (Financial Times)

Enel , one of Europe’s largest and most indebted utility groups, expects to refinance up to €10bn ($14bn) of its borrowings by the middle of next year and could raise a further €7.5bn in asset disposals as it seeks to manage and reduce its massive debt load.

Rising APRs Cause an Influx of Debtors Utilizing Sites like BurdenFree.com to Settle Credit Card Debt (PRWeb via Yahoo! News)

With APR’s on the rise, many consumers may be put in a position of searching for new debt solutions.