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651 Resources for

cendant corp.

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Fitch Affirms 117 & Upgrades 2 RMBS Classes from 20 Cendant Securitizations
NEW YORK -- Fitch has taken rating action on the following Cendant Mortgage Capital mortgage pass-through certificates: Series 2002-4 --Class A affirmed at 'AAA'; --Class B1 affirmed at 'AAA'; --Class B2 affirmed at 'AAA'; --Class B3 affirmed at 'AA+'; --Class B4 affirmed at 'AA';...
Tags: Better Business Bureau, Cendant Corp., Fitch Ratings
Research articles 2008-02-01
PHH CORP is Added to the Bellwether Watch list.
M2 PRESSWIRE-15 March 2007-bellwetherreport.com: PHH CORP is Added to the Bellwether Watch listC1994-2007 M2 COMMUNICATIONS LTD RDATE:15032007 PHH CORP (NYSE:PHH) is Added to the Bellwether Watch list Two staples of modern life -- cars and houses -- come together at...
Tags: Cendant Corp., PHH Arval, PHH Corp.
Research articles 2007-03-15
Business news in brief
IN THE REGION Atlas America forms Lightfoot Capital Partners Atlas America Inc., Philadelphia, said it formed Lightfoot Capital Partners L.P. with $160 million in initial equity funding to create master limited partnerships and provide capital to existing ones. Lightfoot will concentrate on such assets as infrastructure and coal....
Tags: barrel, Best Buy Co. Inc., Bloomberg L.P., British Airways Plc., Cendant Corp., China, education, FINANCE, Investment, JetBlue Airways Corp., partnership, U.S., yield
Research articles 2007-02-22
Simon says he can see the forest for the trees
Mike Simon, the recently installed president and CEO of the newly created Century 21 NY Metro, just spent the last several days entertaining a delegation of Japanese brokers in town to learn the ways of their American counterparts. "They were here to talk about marketing property, hiring practices, pricing...
Tags: Cendant Corp., Century 21 Inc.
Research articles 2007-01-31
Forbes gets 151 months for Cendant fraud
BRIDGEPORT, Conn. -- A federal judge sentenced Walter Forbes, the former chairman of Cendant, to 12 1/2 years in prison Wednesday, bringing an end to a criminal inquiry that began almost a decade ago. With the jail term, Forbes becomes the latest member of a rogues' gallery of former CEOs...
Tags: Cendant Corp., FINANCE, Forbes, fraud, Investment, Litigation
Research articles 2007-01-18
Ex Cendant chairman sentenced to over 12 years in US prison
WASHINGTON AFP — The former chairman of Cendant Corp. was sentenced to over 12 years in prison in connection with a massive accounting fraud dating back to the 1990s, US prosecutors said. A judge in Connecticut ordered the sentence of 12 years and seven months for Walter Forbes, and ordered...
Tags: Cendant Corp., FINANCE, Forbes
Research articles 2007-01-17
Convicted executives forced to sell homes
When CEOs sell their multimillion-dollar homes, it's usually because they're relocating to a different market, or trading up to an even bigger house. In the case of Walter Forbes, the former Cendant chairman whose baronial 8-acre estate in New Canaan, Conn., is on the market for $12.5 million, the reasons...
Tags: asset, Cendant Corp., FINANCE, Forbes, fraud, Government, investor, Litigation, Sullivan, WorldCom Inc.
Research articles 2006-11-13
Jury finds ex-Cendant exec guilty of conspiracy, lying
NEW HAVEN, Conn. AP -- A federal jury found former Cendant Corp. Chairman Walter Forbes guilty of conspiracy to commit securities fraud and two counts of making false statements Tuesday in a massive fraud scheme that cost the travel and real estate company and its investors more than $3 billion....
Tags: Cendant Corp., Forbes, fraud, Litigation
Research articles 2006-11-01
Cendant ex-chairman found guilty
The longest-running white-collar-criminal saga of the past decade finally came to a close Tuesday in Bridgeport, Conn., where a jury found former Cendant chairman Walter Forbes guilty of conspiracy in the $252 million overstatement of his company's earnings. The fraud, exposed in April 1998, precipitated one of the biggest sell-offs...
Tags: Cendant Corp., Forbes, fraud, Litigation
Research articles 2006-11-01
Silverman testifies on Walter Forbes' role in Cendant merger
BRIDGEPORT, Conn. -- The retrial of former Cendant chairman Walter Forbes took a new twist Monday when Henry Silverman, the hard-driving founder of HFS, testified about his decision to merge HFS in 1997 with Forbes' firm, CUC International, to form Cendant. Following the merger, in April 1998, Cendant disclosed that...
Tags: Cendant Corp., FINANCE, Forbes, Government, Investment, Litigation, merger
Research articles 2006-10-17
Third trial begins for former Cendant exec
BRIDGEPORT, Conn. -- For the third time in the past two years, prosecutors on Tuesday accused former Cendant chairman Walter Forbes of masterminding an accounting fraud that inflated his company's earnings by $252 million. The disclosure of the fraud in April 1998 caused Cendant's share price to plummet 50%, wiping...
Tags: accounting, Cendant Corp., FINANCE, Forbes, fraud, Government, Litigation
Research articles 2006-10-11
NRT Inc. buys Allan M. Schneider Associates Inc.
A slowing housing market didn't deter NRT Inc., the country's largest residential brokerage, from acquiring Allan M. Schneider Associates Inc., the largest private residential seller in the Hamptons. Terms of the deal were not disclosed, though it has been estimated at $40 million. The acquisition has been rumored...
Tags: Allan M. Schneider Associates Inc., Cendant Corp., Corcoran Group, NRT Inc.
Research articles 2006-08-10
Bellwether Report.com is Following Cendant Corporation.
M2 PRESSWIRE-11 August 2006-bellwetherreport.com: Bellwether Report.com is Following Cendant CorporationC1994-2006 M2 COMMUNICATIONS LTD RDATE:11082006 Bellwether Report Investor Update for Cendant Corp. (NYSE:CD) Room at the inn is no longer Cendant's concern, but the company can still get you...
Tags: Cendant Corp., Realogy Corp.
Research articles 2006-08-11
Sale of Travelport Affirms its Recognition as One of the World's Largest Networks of Travel Brands.
PARSIPPANY, New Jersey, June 30 /PRNewswire/ -- - Affiliate of The Blackstone Group Signs Definitive Agreement to Acquire Cendant's Travelport Unit for Approximately US$4.3 Billion An announcement today by Cendant Corporation (NYSE: CD) that it has agreed to sell its travel distribution...
Tags: Blackstone Group LP, Cendant Corp., Private Equity Group, Travelport
Research articles 2006-06-30
Cendant spinoff paves way for smoother ride; Slimmed-down car rental operation promises payoff.
Byline: Aaron Elstein Investors in Cendant Corp. are a long-suffering lot, but at last their payday may be near. The company, an unwieldy agglomeration put together by former private equity executive Henry Silverman, never clicked. Earnings sta Byline: Aaron Elstein...
Tags: Cendant Corp.
Research articles 2006-08-07
Galileo makes five-year agreement with Continental
AIRLINE INDUSTRY INFORMATION-C1997-2006 M2 COMMUNICATIONS LTD Galileo International, a global distribution system GDS and subsidiary of Cendant Corp (NYSE: CD), has made a five-year, full content agreement with Continental Airlines. The company said that through the agreement all of Continental's published fares and inventory will be available to...
Tags: agreement, Cendant Corp., Continental Airlines Inc.
Research articles 2006-06-06
New system will be the ticket.
Byline: James Hall May 21, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Virgin Blue Holdings is cautiously trying to increase revenue in a climate of financial strain and uncertain ownership. The Australian airline has budgeted $US15m for Aires, a reservation...
Tags: Cendant Corp., Toll Holdings Ltd., Virgin Blue Holdings
Research articles 2006-05-21
Galileo and Delta make full content agreement
AIRLINE INDUSTRY INFORMATION-C1997-2006 M2 COMMUNICATIONS LTD Galileo International, a global distribution system GDS and subsidiary of Cendant Corp (NYSE: CD), has made a seven-year, full content agreement with Delta Air Lines. Under the terms of the agreement all of Delta's published fares and inventory will be available to...
Tags: agreement, Cendant Corp., Delta Air Lines Inc.
Research articles 2006-05-17
Market Alert for Wednesday! April 12, 2006.
M2 PRESSWIRE-12 April 2006-Wall Street News Alert: Market Alert for Wednesday! April 12, 2006C1994-2006 M2 COMMUNICATIONS LTD RDATE:12042006 Weston, FLA. - Wall Street News Alert's "stocks to watch" this morning are: Phinder Technologies Inc (OTCBB: PHDTF), Cendant Corporation (NYSE: CD), Activision,...
Tags: Cendant Corp., Fax, FINANCE, Investment, Nasdaq Stock Market Inc., Sanmina-SCI Corp., stock
Research articles 2006-04-12
Cornell hotel school expands training partnership with Cendant
ITHACA - The School of Hotel Administration at Cornell University has announced a partnership with Cendant Hotel Group to provide international hotel franchisees with classroom-based and online hospitality-management courses. The move expands the hotel school's relationship with New York Citybased Cendant (NYSE: CD), which has been a sponsor of Cornell's...
Tags: Cendant Corp., Cornell University, FINANCE, partnership, training
Research articles 2006-02-17
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