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Fitch Affirms Host's IDR at 'BB-'; Outlook to Stable New York, NY 9 mins ago

Fitch Ratings has affirmed the following credit ratings of Host Hotels & Resorts, Inc. (NYSE: HST) and its operating partnership, Host Hotels & Resorts, L.P. (collectively 'Host'): Host Hotels & Resorts, Inc. --Issuer Default Rating (IDR) at 'BB-'; --$97 million preferred stock at 'B'. Host Hotels & Resorts, L.P. --IDR... Read This »

Horizon Air Offers Low Sale Fares from Boise to Los Angeles, Idaho Falls, San Jose, Sacramento and Lewiston Boise, ID 9 mins ago

Horizon Air’s new fare sale out of Boise (to Idaho Falls, Lewiston, Los Angeles, San Jose and Sacramento) is just the ticket to kick off spring fever. Capture these great fares by booking now through April 30, 2010, for travel from March 26 through June 10, 2010. “Spring is in... Read This »

Fitch Assigns LS Ratings to $274.7 Billion U.S. Credit Card Receivables ABS New York, NY 15 mins ago

Fitch Ratings assigns Loss Severity (LS) ratings to 561 classes of $274.7 billion of U.S. credit card receivables asset-backed securities (ABS) issued from 20 trusts. Most senior bonds are assigned 'LS1' or 'LS2' ratings, reflecting the typically large tranche thickness of these classes. Lower LS ratings ('LS3' to 'LS5') are... Read This »

Fitch Affirms CMS Energy & Consumers Energy's Ratings; Outlook Stable New York, NY 2 hours ago

Fitch Ratings has affirmed the ratings for CMS Energy Co. (CMS) and Consumers Energy Co. (Consumers) as follows: CMS --Long-Term Issuer Default Rating (IDR) at 'BB+'; --Senior Secured Bank Facility at 'BBB-'; --Senior Unsecured Debt at 'BB+'; --Preferred Stock and Trust Preferred securities at 'BB-'. Consumers --Long-Term IDR at 'BBB-';... Read This »

Visa Previews Online Shopping Tool Rightcliq at Investor Conference San Francisco, CA 3 hours ago

Visa Inc. (NYSE: V) today announced that, in concert with U.S. financial institution clients, it will soon introduce its new online shopping tool, “Rightcliq™ by Visa.” From comparison shopping, to delivering special merchant offers, to managing payment options, to tracking the delivery of purchases, Rightcliq will offer consumers a simpler... Read This »

iPhone App Funder, appbackr, Selected by Community Vote as Top Finalist in PayPalX Competition Palo Alto, CA 8 hours ago

PayPalX announced that appbackr was selected by community voting to become one of 11 finalists in the PayPalX Developer Challenge. appbackr provides a simple and revolutionary approach to Immediate Funding™ for Apple iPhone and iPad Developers selling apps in the iTunes store. Application developers sell wholesale units of their apps... Read This »

Wincor Nixdorf to Host “Retail Banking Reinvented” Forum Featuring Global Industry Experts Discussing Key Trends in Retail Banking Austin, TX 8 hours ago

Wincor Nixdorf Inc., the premier global provider of advanced retail banking cash-handling solutions, today announced that it will be hosting “Retail Banking Reinvented,” a one-day executive forum event on March 25, 2010 at the Fairmont Miramar Hotel in Santa Monica, CA. The forum is open and free to mid and... Read This »

MasterCard Worldwide Poised to Drive Innovation in Nigeria’s Payments Industry Harrison, NY 9 hours ago

MasterCard to Work with Financial Institutions and Government to Cater to the Immense Growth Opportunities in the MarketMasterCard Worldwide announced that it will work with customer financial institutions and the government to bring more innovation to commercial transactions and payment solutions to Nigerian consumers. Vicky Bindra, president, Asia/Pacific, Middle East... Read This »

TIO Launches Mobile Payment Platform Vancouver, BC CA 10 hours ago

TIO Networks (TSX V: TNC)(“TIO”), North America’s leading multi-channel expedited bill payment processor, today announced the launch of its own mobile bill payment platform. This new addition to TIO's list of payment channels enables participating billers to empower their customers to manage and pay bills anytime and from anywhere using... Read This »

Op-Ed: Is Square Really a Threat to VeriFone? Boston, MA 10 hours ago

by Aneace HaddadPYMNTS.com asked payments industry veteran, Aneace Haddad, to weigh in on the battle brewing between VeriFone and up-start Square, and to look at its impact on the payments industry.A recent article in TechCrunch makes it seem like a major war is on between VeriFone and Square. It is... Read This »

Wells Fargo First Quarter Earnings Information San Francisco, CA Mar 11, 2010

Wells Fargo & Company (NYSE:WFC) is scheduled to announce its first quarter 2010 earnings on Wednesday, April 21, 2010, at 5 a.m. PDT (8 a.m. EDT). The news release will be available at wellsfargo.com/invest_relations/earnings. The Company will host a live conference call on Wednesday, April 21, at 6:30 a.m. PDT... Read This »

Discover Financial Services Announces Actions to Further Enhance Loan Loss Reserve Riverwoods, IL Mar 11, 2010

Discover Financial Services (NYSE:DFS) today announced that the company will record an increase in reserves of $305 million pre-tax in the first quarter 2010, which brings its reserve coverage to approximately twelve months of losses. This reserve addition results from a new analytical process that enhances management’s ability to estimate... Read This »

Bottomline Again Recognized for “Best Accounts Payable Services” Portsmouth, NH Mar 11, 2010

Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, announced today that the company again topped the Global Finance list of ‘World’s Best Treasury & Cash Management Providers’ in the Accounts Payable Services category. Bottomline’s 2009 purchase of Bank of America’s PayMode®, a market-leading... Read This »

Hypercom to Present at Roth Capital Partners 22nd Annual Growth Stock Conference Scottsdale, AZ Mar 11, 2010

Hypercom Corporation (NYSE: HYC) today announced that Chief Financial Officer Thomas B. Sabol will present at the Roth Capital Partners 22nd Annual Growth Stock Conference at approximately 3:00pm PDT on Monday, March 15, 2010 at the Ritz Carlton Hotel in Dana Point, California. Joining Mr. Sabol will be Scott Tsujita,... Read This »

MasterCard’s Momentum in Emerging Markets Makes Innovation Move Purchase, NY Mar 11, 2010

PYMNTS.com asked industry expert and author of Paying with Plastic, David S. Evans to profile industry thought leaders and executives to find out what's next in the world of payments. In this exclusive NEXTcast interview, PYMNTS.com sits down with Gary Flood to find out "What's Next" for MasterCard. Gary has... Read This »

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