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12/26/2008 News For: aig Annuity Access Dot ComGM Advances as Fed Approval of GMAC Bank Bid Boosts Loan Access Dec. 26 -- General Motors Corp. , poised to get at least $9.4 billion in U.S. aid, gained as much as 15 percent in New York trading after the Federal Reserve approved lender GMAC LLC ?s bid to become a bank holding company. GMAC Approved to Become a Bank Federal regulators will permit GMAC to become a bank and gain access to billions of dollars in government aid, a crucial step that will help ensure the survival of the company. (AFX UK Focus) 2008-12-24 16:15 UPDATE 1-Fund acquires $16 bln in debt guaranteed by AIG NEW YORK, Dec 24 Reuters - A fund established by the Federal Reserve Bank of New York and insurer American International Group acquired an additional $16 billion of bonds guaranteed by the troubled company, AIG said on Wednesday. The company, bailed out by the U.S. government in September, said it has torn up its guarantee of the bonds. The fund, Maiden Lane III, was created to buy ... Stock futures up on GMAC decision Stocks futures rose on Friday as General Motors shares rallied before the opening bell on news its GMAC affiliate qualified to be a bank holding company. Dairy Crest unveils moves to improve debt position Dairy Crest , the maker of Cathedral City cheese and Yoplait yoghurts, has announced a couple of moves to improve its debt situation. First, its pension trustees have taken out a ?150m annuity policy from Legal & General to insure part of its pension liabilities. The company has also made arrangements to reduce the effect of future currency movements on its net debt, by converting ?200m ... Sexta, 26 de dezembro de 2008, 14h09 S?O PAULO, 26 de dezembro de 2008 - A sondagem realizada pelo InvestNews com seis institui??es financeiras de primeira e segunda linhas mostra que as taxas dos Certificados de Dep?sito Banc?rio CDBs, prefixados para 31 dias, variam entre 9,35% e 13,40% ao ano. |