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Archive for the 'Securities & Exchange Commission' Category

Debt Resolve delays first-quarter report

May
15

Debt Resolve Inc. told regulators today that it can’t file its quarterly earnings statement due to delays in collecting information required for the report.

The White Plains-based company, which helps to settle payment disputes online, said it expects to file the quarterly report by June 5, according to a filing with the Securities and Exchange Commission.

Shares of the company fell 6 cents in trading today to $1.99 each.

Posted by David Schepp on Thursday, May 15th, 2008 at 4:44 pm | del.icio.us Digg
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Starwood Hotels enters $375M loan pact

April
15

Starwood Hotels & Resorts Worldwide Inc. has entered into a $375 million loan agreement with various lenders as part of an amended credit agreement, the hotelier disclosed in a regulatory filing today.

Proceeds from the loan will be used to repay debt, to pay fees and expenses related to the repayment and for general corporate purposes, the White Plains-based company said.

Posted by David Schepp on Tuesday, April 15th, 2008 at 4:27 pm | del.icio.us Digg
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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