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Auto Loans Philadelphia Headlines

Pep Boys Obtains $875 Million Loan Commitment for Gores Purchase - BusinessWeek


Los Angeles Times

Pep Boys Obtains $875 Million Loan Commitment for Gores Purchase
BusinessWeek
30 (Bloomberg) -- Pep Boys - Manny, Moe & Jack, a Philadelphia-based auto parts retailer, obtained commitments for $875 million in loans to support its acquisition by Gores Group LLC. Barclays Plc, Credit Suisse Group AG and Wells Fargo & Co. are ...
Business Briefs: Unease over debt deal in Greece rattles stocksCharleston Post Courier
Pep Boys to Be Acquired by Gores Group for $791 MillionSan Francisco Chronicle

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Fisker slows work at former GM site, lays off 26 - The News Journal


Fisker slows work at former GM site, lays off 26
The News Journal
The Delaware Economic Development Office's Strategic Fund has also given Fisker a $21.5 million grant and loan package. Despite the most recent glitch in Fisker's plans, Levin said he expects the company to prevail and succeed. "The car has gotten rave ...

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Illusion Of Economic Recovery – Feelings & Facts - The Market Oracle


The Market Oracle

Illusion Of Economic Recovery – Feelings & Facts
The Market Oracle
You bailed them out when all their subprime auto and mortgage loans went bad in 2009. They have a brand new business plan. Change your name to Ally Bank and start making as many subprime auto loans as possible. You will be happy to know that according ...

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VINtek Hosts Annual Client Advisory Board Meeting - MarketWatch (press release)


VINtek Hosts Annual Client Advisory Board Meeting
MarketWatch (press release)
The meeting also enabled clients to gain insight on new auto lending trends and technology advancements, as well as state and local government plans on vehicle titles and liens. Attendees were updated on states planning to introduce ELT, ...

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Week in Review Part II: Street Bytes - Forex Pros


Week in Review Part II: Street Bytes
Forex Pros
On Monday, though, Federal Reserve Bank of Philadelphia President Charles Plosser conceded to CNBC that he was one of six, among 17 Fed governors, to disagree on the consensus view that rates should be kept near zero until late 2014, saying he thought ...

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Stradley Ronon Partner to Present at National Business Institute Seminar - Citybizlist (press release)


Stradley Ronon Partner to Present at National Business Institute Seminar
Citybizlist (press release)
PHILADELPHIA - Stradley Ronon partner Eric Hurwitz will present at the National Business Institute's seminar entitled, "Boot Camp: Foreclosure and Loan Workout Procedures," on Feb. 8, 2012 in Philadelphia. The seminar will address a number of topics ...

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Grabbing the rebound - Toledo Blade


Grabbing the rebound
Toledo Blade
Since the Great Recession touched bottom in April 2009, the economies of Ohio and Michigan have recovered faster than the rest of the country, according to the Federal Reserve of Philadelphia. ● Ohio's unemployment rate in December was 8.1 percent ...

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