Credit Services
WCI emerges from bankruptcy (at bizjournals.com)
Feds clear Metavante, Fidelity merger (at bizjournals.com)
CIT extends CEO Peek’s contract for another year (AP)
CIT extends CEO Peek’s contract for another year (AP)
The board of CIT Group Inc., which nearly collapsed in July, extended the contract of CEO Jeffrey Peek to keep him on for another year.
Metavante Technologies Receives Overwhelming Shareholder Approval to Proceed with Merger with Fidelity National Information Services (Business Wire)
MILWAUKEE—-Metavante Technologies, Inc. today announced that it has received the approval of its shareholders to proceed with its previously announced plans to merge with Fidelity National Information Services, Inc. .
Moody’s Stock Slide Could Slow Warren Buffett’s Stake Sales In Near-Term (at CNBC)
Shareholders approve Metavante-Fidelity merger; closing set for Oct. 1 (at bizjournals.com)
CIT extends CEO Peek’s contract for one year (Reuters)
CIT extends CEO Peek’s contract for one year (Reuters)
CIT Group Inc said it has extended the contract of Chief Executive Jeffrey Peek for one year, even though his decisions to expand into risky businesses helped to push the lender to the brink of bankruptcy.
Rating agencies (at FT.com)
It is fitting that the application of the constitutional amendment protecting US freedom of speech ranges far and wide beyond its literal text. But the effect of this is that the outer boundaries of first-amendment protection are fuzzy.
Moody’s, McGraw-Hill advance on analyst note (AP)
Shares of Moody’s Corp. and McGraw-Hill Cos. advanced Friday after an analyst said that investors overreacted after a court declined to dismiss a lawsuit against the companies.