| Academic Financial Solutions Advises Recent Graduates Not to Delay on College Loan Consolidation
Leading student loan debt consolidation company, Academic Financial Solutions, recommends college loan consolidation before the six month grace period expires in November. Tampa, FL (PRWEB) November 5, 2007 -- Academic Financial Solutions, a leading student loan debt consolidation company based in Tampa, Florida, alerts college graduates who graduated last May or June not to delay on college loan consolidation. �Waiting to consolidate will be costly,� says Michael Babb, President of Academic Financial Solutions. �Many student loan borrowers don�t realize that their six-month grace period is expiring until it�s too late and lenders begin demanding repayment. It�s really an unfortunate situation. Many borrowers get caught up in transitioning from college life to finding a job, a place to live and other immediate necessities and lose track of the timing of their repayment obligations.
Retail Food raising $44m
QUEENSLAND-based Retail Food Group has announced details of its $44 million capital raising to help fund the recent acquisition of Michel's Group on the heels of the Brumby's purchase. Retail Food has received commitments for a placement of 24 million ordinary shares at $1.85 per share to raise $44.4 million before costs. Participants in the placement represent a range of institutional and private investors with all existing institutional shareholders taking part. RFG chief executive Tony Alford said funds raised would go toward the Michel's acquisition and also pay down debt associated with the recent purchase of Brumby's. "We are extremely pleased with the significant interest and response received in connection with the placement and the good support the company has recently enjoyed in respect of its industry consolidation aspirations and acquisition activity," he said.
Countrywide: big loss but profit in future
Countrywide Financial, the nation's leading mortgage lender, reported a staggering $1.2 billion third-quarter loss Friday that was much larger than Wall Street expected, but predicted it would quickly return to profitability. Countrywide's net loss came to $2.85 a share, or $2.12 a share excluding certain items. Analysts surveyed by earnings tracker Thomson First Call had forecast a loss of $1.28 a share, compared to the net income of $648 million, or $1.03 a share, it reported a year earlier. .
NewPage Announces Third Quarter 2007 Financial Results
NewPage Corporation today announced its financial results for the third quarter of 2007. Net sales were $545 million in the third quarter of 2007 compared to $522 million in the third quarter of 2006, an increase of 4.4%. The increase was driven by favorable coated paper sales volume, partially offset by a decrease in average coated paper prices and a decrease in sales of uncoated paper and market pulp. Coated paper sales volumes increased from 528,000 tons in the third quarter of 2006 to 576,000 tons in the third quarter of 2007. Average coated paper prices decreased from $907 per ton in the third quarter of 2006 to $884 per ton in the third quarter of 2007. The company did not take any market-related downtime for coated paper in the third quarter of 2007 or 2006. .
First Ever Comprehensive Report Of The Health Of College Students
A report released by the University of Minnesota Boynton Health Service is the first of its kind in the nation to conduct a comprehensive survey on the health of college students. About 10,000 college students completed the survey. Although the study is focused on students from 14 campuses in Minnesota, the health findings here reflect national health trends for college students, says Dr. Ed Ehlinger, the director and chief health officer of the university's Boynton Health Service.
The report examines everything from mental health and obesity to financial health and sexual health. It also looks at alcohol use, smoking, personal safety, physical activity and how many students do not have health insurance. One key finding is beginning to show how today's technology is impacting students' health and their academics.
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