Movie studio Metro-Goldwyn-Mayer, home of movie franchises such as James Bond and The Pink Panther, proposed a bankruptcy plan that would reduce its debt by $4 billion and put the founders of Spyglass Entertainment in charge of the legendary studio.
…
The International Monetary Fund cut its forecast for world economic growth, saying that the economic recovery will slow as governments cut their budgets.
The IMF cut its outlook for the U.S. economy to 2.2% growth in 2011, from a previous estimate of…
Yields on emerging-market debt funds and ETFs are certainly enticing these days, especially compared to U.S. Treasurys. Also attractive are the added benefits of portfolio diversification and currency appreciation. But the risk…
BP Plc may sell as much as $3.5 billion in debt as early as today, marking the oil giant’s first bond sale since its Deepwater Horizon rig exploded in the Gulf of Mexico in April.
Continue reading BP May Raise …
Not long ago, DailyFinance’s Hugh Collins — a 28-year-old, Dublin-born U.S. resident — had yet to experience a truly American phenomenon: owning a credit card. Once he finally secured one, though, he quickly discovered the im…