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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Apr 16, 2009

Page

16

Valero completes purchase of six VeraSun plants

Valero Energy Corp closed on the sale of six VeraSun biofuel facilities for 477 million dollars, acquiring biorefineries in Aurora and Charles City Iowa Fort Dodge and Hartley Iowa Albert City Iowa and a Welcome Minnesota plant later. The deal groups assets under Valero Renewable Fuels at San Antonio headquarters.

Valero VeraSun Sioux Falls S.D Valero Energy Corp VeraSun Energy Corp Aurora Charles City Fort Dodge Hartley Iowa Bill Day Albert City Day Welcome Minn Bion Neb Valero Renewable Fuels San Antonio South Dakota Usalliances Biofuels

Investors aim to buy GM Saturn brand in restructuring push

An Oklahoma City private equity firm with Saturn dealers forms a group to bid for the failing Saturn unit from General Motors as GM reviews multiple offers. GM says it is evaluating proposals while restructuring requires shedding brands to secure government loans. Carl Galeana notes the brand’s perceived value and long term viability.

Saturn Detroit Oklahoma City General Motors Corp Black Oak Partners LLC Mike Morrissey Morrissey Jennifer Threet Black Oak Group Carl F. Galeana

Credit card defaults rise at Capital One amid rising unemployment

Capital One reports March defaults climb, with U S card net charge offs up 1.27 points to 9.33 percent as job losses widen. Analysts warn the economy remains in a downturn with unemployment near 25 year highs and broader lenders seeing higher delinquencies. American Express shows a smaller rise to 8.80 percent.

S&p Iowa ADC HNI Corp Treasuries PepsiCoc WV Lac Hrpt Pro NY Pfizer NY Agco NY Philip Mor AMR Heinz NY PiperJat Aegon Hewlettp NY PwShs HomeDp NY PrinFnol NY Vov AlliBern NY Honcilint Ee Ew AlliantEgg NY iShJapn NY Prushs&p NY Rose Investors Allstate NY iShCh25 Proultsp Var Oy Altria Proushtre Ishemkt S Prousmfn Ameren NY Ishr2k Prountre Ya Yan Aep Ishrest ProaltFin Gov- AmExp ITC Hold NY AmintiGp Prudent NY BP PLC IntPap QwestCm NY Jpmorgch Lehman Long BP Pro Jonnda Wa Aw BkofAm Khdhumb Ralcorp Berkhaa Kindmm Raytheon Lehman US Aggregate Berkh B Kohis RedRobin Nasd Prime Fed BestBuy NY Kraft NY RegionsFn NY Lehman US High Yield Bikhillscp NY KrispKrm NY RockwhAut Moodys Aaa Corp Idx BonTon LSI Corp NY A BrMySq NY Lvsands NY RockColl NY Gmoago Lehman US I Cagoe Ac A A Ae Col BPS Owe Y NY Slm Cp NY KBW Bank CapOne LeeEnth SpdrHome NY Lewes Monyr Citigro Sears Marshm NY SkywksSol Nasd iMoneyNet Inc A. of. v Darden NY McDnids Soare Deere NY McKesson Spdr NY Spdr Fries NY Dell Inc Mediaci H Dillards Merck Starbucks DirxFinBull MetLife DirxFinBear Micront Suncorps Disney Microsoft Nash Tanger Donidson Midwone Nash Dufpac MolsCoort USAA Edisonial Monsanto Terex Terra Cregius Cregius -Free Muni Reservoscarces — 1a — aee Energizer 55.84 +64 MorgStan NY Toyota NY FPL Gro NY Mylan Nash Tyson NY Fannie Mac H NY Nash Nash Ufirec Nash Fastenal Nash NorfikSo NY NY Ferreligs NY Oneok NY US Banerp Nash Oracle Nash US Cellular NY Fiserv Nash OtterTail Nash Valeroe NY WalMart NY ADM Alburnett PaneraBrd Nash Cargill Penford Fmcg NY ParkNatl Amnex Walgrn GenElec Whript Goldmans Penney Winnigo Linn Co-op Oil Co Marion Charlotte N.C Capital One Financial Corp Capital One MasterCard Visa U.S Bank of America Corp Jpmorgan Chase & Co Discover Financial Services Keefe Bruyette & Woods Sanjay Sakhrani McLean American Express Co

Foreclosure notices rise as lenders restart actions

Foreclosure threats increased 24 percent in the first quarter as major lenders resume actions after a pause. RealtyTrac reports about 804,000 households received notices January through March, with over 340,000 in March alone, amid pressure on President Obama's plan to aid up to 9 million borrowers through refinanced or modified loans.

Washington Barack Obama RealtyTrac Inc

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