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Specialty Foods Group Income Fund Announces Amendment to the Revolving Credit and Term Loan Agreement
Specialty Foods Group Income Fund announced today that Specialty Foods Group, Inc. and related entities have entered into the First Amendment to the Amended and Restated Revolving Credit and Term Loan Agreement, dated February 21, 2007.
Fri, 29 Jun 2007 21:43:00 GMT - (CNW Group via Yahoo! Finance)

Credit Agricole Asset Management reaffirms Italian development strategy
French finance group Credit Agricole Asset Management has reorganized the business of its Italian subsidiary, CAAM SGR, into four main divisions, and reaffirmed its development strategy in Italy.
Fri, 29 Jun 2007 10:05:55 GMT - (Banking Business Review)

DATA SNAP: German May Retail Sales -1.8% On Mo, -3.7% YY
==========================================================! German Retail Sales ! ! May Apr ! Consensus: -0.5% MM! on month -1.8% +1.4%r ! ! on year -3.7% -0.6% ! Actual: -1.8% MM! ==========================================================!
Fri, 29 Jun 2007 06:28:23 GMT - (The Forex Market)

A Summary of the Roundtable Discussion on Retail Payments Fraud
The Federal Reserve System's Payments System Policy Advisory Committee (PSPAC) has an ongoing program to discuss payments system developments and barriers to innovation with the payments industry and relevant payments system participants.
Fri, 29 Jun 2007 16:41:21 GMT - (Federal Reserve Board)

Cracks in Credit, Deflation in Japan, VIX Volatility: Timshel
June 28 (Bloomberg) -- Cracks are starting to appear in the credit market, threatening to disrupt the flow of easy money that has fueled a record pace of leveraged buyouts. No wonder Blackstone Group LP is trading below last week's initial public offering price.
Thu, 28 Jun 2007 09:52:44 GMT - (Bloomberg.com)

Consumer Lenders For Buffett And Lynch
Credit card issuers and other consumer finance firms are on the move higher. These five might appeal to Wall Street's legends.
Fri, 29 Jun 2007 16:02:35 GMT - (Forbes)

Nucleus Software, Oracle Say NDB Bank Of Sri Lanka Selected Oracle-based FinnOne Retail
(RTTNews) - Thursday, Nucleus Software Exports Ltd and Oracle has announced that NDB Bank of Sri Lanka has selected the company's flagship product, FinnOne Retail Suite on the Oracle database and Oracle Fusion Middleware.
Thu, 28 Jun 2007 10:04:22 GMT - (Nasdaq)

Ukranian banks' weak credit profiles should gradually improve - Fitch
MUMBAI (Thomson Financial) - Fitch Ratings said rapid loan growth, tight liquidity, capitalisation and modest performance are undermining the credit profiles of most Ukrainian banks.
Thu, 28 Jun 2007 17:29:46 GMT - (Sharewatch)

HSBC warns of credit implosion
THE glut of credit in global financial markets, combined with excessive leverage, could all "end in tears" when a big transaction finally goes wrong, HSBC chairman Stephen Green warned.
Thu, 28 Jun 2007 14:00:00 GMT - (The Australian)

Pay off credit to raise FICO
If I asked my credit card company to lower my credit limit on my Visa card, would this in any way affect my credit rating?Potentially, yes, and not for the better. Here's why. About 30 percent of the typical FICO credit score is based on how much of your available credit you're using.
Thu, 28 Jun 2007 04:38:52 GMT - (The Star-Ledger)

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