Tuesday, December 30, 2008

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Scana accelerates stock sale

Scana Corp. scrambled over the last week to pounce on an unexpected opportunity and accelerate a stock sale that could reap as much as an extra $10 million for the utility owner.

Fallout begins after slow season

NEW YORK â€" The fallout from the horrific holiday season for retailers has begun, with the operator of an online toy seller filing for bankruptcy protection and more stores are expected to do the same â€" meaning more empty storefronts and fewer brands on store shelves.

Payday lender seeks approval for lines of credit

CONCORD, N.H. â€" A South Carolina-based payday lender that says it can't make enough money under a new interest rate cap in New Hampshire now wants the banking commissioner's permission to change its loan offerings but not the high rates it charges.

Help on way for textiles

NEW ORLEANS â€" The federal government will provide millions of dollars to U.S. textile mills in a multiyear effort to shore up the industry as overseas competition stiffens and recession tempers consumer demand for apparel products.

2 Ginn Co. affiliates file for bankruptcy protection

Several Ginn Co. affiliates that were behind two of the company's Florida housing developments filed for bankruptcy last week, according to The Palm Beach Post on Monday.










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