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Chris Lange

Consumer Credit Shows Credit Use On the Rise

ThinkstockConsumer borrowing picked up in July. The total outstanding consumer credit, excluding real estate secured loans, increased to $3.238 trillion at a seasonally adjusted annual rate of 9.7% in July from the previous month…

Chris Lange · 12 years ago

Citizens Financial Spin-Off Terms Have Been Set

ThinkstockThe Royal Bank of Scotland Group plc (NYSE: RBS) plans to spin-off its retail bank Citizens Financial Group Inc., as a public company. Terms were recently set in an amended S-1 filing with the…

Chris Lange · 12 years ago

Keryx Finds Out That Not All FDA Approvals Are Great Wins

ThinkstockKeryx Biopharmaceuticals Inc. (NASDAQ: KERX) announced on Friday that it had received approval from the FDA on its most recent drug Ferric Citrate, formerly known as Zerenex. The drug is designed to treat low…

Chris Lange · 12 years ago

How Low Interest Rates Are Slamming Corporate Pension Funds

ThinkstockThe funding status and levels of U.S. pensions is heading the wrong way. Despite a rising stock market, a report from the BNY Mellon Investment Strategy and Solutions Group is signaling that the funded…

Chris Lange · 12 years ago

Neff Corp. Files for IPO

Neff Corporation has filed with the U.S. Securities and Exchange Commission (SEC) to conduct an initial public offering.

Chris Lange · 12 years ago

U.S. Trade Deficit Falls Slightly

The U.S. Department of Commerce reported that the international trade gap narrowed in July, reflecting a higher demand for U.S. goods overseas.

Chris Lange · 12 years ago