Your English writing platform
Discover LudwigSuggestions(1)
Exact(9)
It said the dividend cut would reduce its cash needs by about $400 million annually.
The CIT Group, a commercial lender that has struggled to finance its operations during the tight credit market, posted a quarterly loss on Thursday but said it expected to be able to meet its cash needs for the next 12 months.
"Primedia continues to believe that it will have sufficient financial resources to meet its cash needs," the company said.
Full Spectrum is among the subprime lenders that came out of last year's debacle even stronger, since it didn't depend on Wall Street for its cash needs.
Before then, she will be scrutinizing whether the city is meeting its cash needs, and whether its cash flow is good.
It said it had $940 million in cash and $210 million in marketable securities, enough to supply its cash needs for 30 months.
Similar(48)
The company said it believed its liquidity combined with its cash from operating activities would be sufficient to meet its projected cash needs.
The Dodgers argue that in bankruptcy court, two rights that protect Fox are unenforceable because they would "greatly interfere" with the team's ability to solve its future cash needs by maximizing what it can get for the broadcasts of 150 games a year.
Qwest Communications International said yesterday that it would draw on a $4 billion line of bank credit to cover its short-term cash needs after being rebuffed by its customary short-term lenders.
Moody's called that transaction "a critical bridge" that would help tide International Lease through its short-term cash needs.
Right after Washington cobbled together its plan to bail out banks, California, which uses bonds to pay for projects as well as to cover its short-term cash needs, sold $5 billion in notes, and 80percentt of the buyers, rather than the typical 30percentt, were individuals.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com