Bon-Ton Stores Inc. said Wednesday it has agreed with lenders to take a $675 million 3.5-year senior secured asset-based credit facility to replace its existing $800 million revolving credit facility due to mature in March 2011.
Weak home building a drag on economic recovery WASHINGTON -- The budding economic recovery isn't getting much help from the home-building industry, which normally creates jobs and drives growth when a recession ends.
Wells Fargo & Co. on Wednesday agreed to repay customers about $1.4 billion to settle a lawsuit and regulatory investigations alleging the company improperly marketed risky investments as safe.
Wells Fargohas agreed to buy back about $1.3bn of auction-rate securities from investors as part of a settlement with regulators investigating the collapse of the market for the debt instruments.
Wells Fargo Investments LLC has agreed to repay about $1.3 billion to clients whose funds were frozen in the auction-rate securities market in the latest of a series of settlements with state securities regulators.
SAN FRANCISCO----Wells Fargo & Company announced today that it will purchase Auction Rate Securities nationwide from eligible investors who bought ARS through one of three of its broker-dealer subsidiaries prior to February 13, 2008.
The North American Securities Administrators Association says Wells Fargo has agreed to repurchase about $1.3 billion in soured auction-rate securities from clients.
Wells Fargo Investments LLC will repay about $1.3 billion to clients whose funds were frozen in the auction-rate securities market in the latest of a series of settlements with state securities regulators, an industry association said on Wednesday.
Wells Fargo Investments LLC will repay about $1.3 billion to clients whose funds were frozen in the auction-rate securities market in the latest of a series of settlements with state securities regulators, an industry association said on Wednesday.
SAN FRANCISCO----Wells Fargo & Company has enhanced its rewards program by adding the Earn More Mall with bonus point opportunities, the ability to purchase retail gift cards, new travel features and benefits, five times as many redemption options, and a redesigned site for easier navigation and improved search capabilities.
67 WALL STREET, New York - November 18, 2009 - The Wall Street Transcript has recently published its 4th Quarter 2009 Northeast & Mid-Atlantic Regional Banks Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
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