International Business News - PHH http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Among the stock activity stories for Tuesday, Sept. 16, from AP Financial News: NEW YORK (AP)--Shares of Chinese infant formula maker Synutra International Inc. plunged to a new year low Tuesday, as a rival company was investigated after an industrial chemical was discovered in its milk powder. http://www.ibtimes.com/articles/20080916/movers-roundup-synutra-sirius-xm-radio.htm Tue, 16 Sep 2008 19:19:08 EDT Shares of PHH Corp. continued their decline Tuesday as the financial sector meltdown weighed on the mortgage originator. PHH shares slipped 26 cents to end at $13.91. Earlier in the session, the stock touched a 52-week low of $13.35. http://www.ibtimes.com/articles/20080916/phh-shares-continue-decline-amid-market-turmoil.htm Tue, 16 Sep 2008 19:03:23 EDT Among the stock activity stories for Monday, Sept. 15, from AP Financial News: CHICAGO (AP)--Shares of Williams-Sonoma Inc. sank Monday as an analyst resumed coverage and warned that the home furnishings chain faces significant challenges as same-store sales and earnings per share continue to slide. http://www.ibtimes.com/articles/20080915/movers-roundup-williams-sonoma-phh.htm Mon, 15 Sep 2008 18:42:24 EDT Shares of mortgage originator PHH Corp. plunged Monday despite an analyst upgrade as investors fled the mortgage and financial markets following a tumultuous weekend on Wall Street. http://www.ibtimes.com/articles/20080915/phh-shares-plunge-despite-upgrade-as-market-dives.htm Mon, 15 Sep 2008 18:34:35 EDT Among the premarket activity stories for Monday, Sept. 8, from AP Financial News: NEW YORK (AP)--An analyst downgraded shares of carpet and flooring maker Mohawk Industries Inc. on its exposure to weakening U.S. nonresidential and European markets and the stock's summer surge. http://www.ibtimes.com/articles/20080908/premarket-roundup-mohawk-industries-phh.htm Mon, 08 Sep 2008 09:01:59 EDT A Friedman Billings Ramsey analyst upgraded mortgage originator and fleet management company PHH Corp. Monday, predicting lower mortgage rates, more mortgage market liquidity, and the potential for greater refinancing activity following the government bailout of mortgage giants Fannie Mae and Freddie Mac. http://www.ibtimes.com/articles/20080908/ahead-of-the-bell-phh-upgraded-by-fbr.htm Mon, 08 Sep 2008 08:45:55 EDT Among the earnings stories for Friday, May 9, from AP Financial News: NEW YORK (AP) _ Clear Channel Communications Inc., a major radio and outdoor advertising company, reported higher first-quarter earnings Friday on asset sales but operating results were flat, reflecting weak demand for radio advertising. http://www.ibtimes.com/articles/20080509/earnings-roundup-clear-channel-cogent-comm.htm Fri, 09 May 2008 16:10:32 EDT PHH Corp.'s first-quarter earnings doubled as refinancing activity boosted revenue, the mortgage originator and fleet management company said Friday. Net income soared to $30 million, or 55 cents per share, from $15 million, or 27 cents per share, in the year-ago period. http://www.ibtimes.com/articles/20080509/phh-1q-profit-doubles-on-spike-in-refinancing-activity.htm Fri, 09 May 2008 11:20:54 EDT PHH Corp. sold $250 million in bonds bearing a 4 percent annual interest rate, the lender and fleet manager said Wednesday. The company plans to use $241 million in proceeds from the sale to pay off... http://www.ibtimes.com/articles/20080402/phh-closes-250-million-bond-sale.htm Wed, 02 Apr 2008 17:10:02 EDT Center Bancorp Inc., the parent company of Union Center National Bank, said it signed two contracts to outsource some of its operations in an attempt to reduce costs. http://www.ibtimes.com/articles/20080320/center-bancorp-signs-outsourcing-deals.htm Thu, 20 Mar 2008 10:40:29 EDT PHH Corp. said Friday it received a $50 million fee from Blackstone Capital, whose deal to purchase PHH recently collapsed due to difficulties in getting financing. http://www.ibtimes.com/articles/20080104/phh-gets-50m-blackstone-termination-fee.htm Fri, 04 Jan 2008 18:50:00 EST Credit rating agency Moody's Investors Service said Wednesday evening it affirmed the investment-grade "Baa3" rating for PHH Corp. after the company canceled its potential sale. http://www.ibtimes.com/articles/20080103/moodys-affirms-phhs-rating.htm Thu, 03 Jan 2008 11:32:32 EST PHH Corp., a top provider of mortgages and services for managing vehicle fleets, said Tuesday it ended a $1.8 billion agreement to be bought by General Electric Capital Corp. and The Blackstone Group because the private equity company could not line up financing for the deal. http://www.ibtimes.com/articles/20080101/phh-ends-deal-to-be-bought-by-ge.htm Tue, 01 Jan 2008 13:09:30 EST