![]() |
Business news in brief Moodys Investors Service downgraded Deborah Heart and Lung Centers bond debt to a low, medium-grade Baa3 rate and placed a negative outlook on the cardiac hospitals $26.8 million in tax-exempt bonds. The action puts Deborahs bond debt just one level above speculative, or junk bond, status. The New York PHH Onboard PHH Arvals new telematics- powered fleet service, PHH Onboard, was crowned a winner in the Best New Product or Service category by The American Business Awards(SM), also known as the Stevie Awards. PHH Sees Another Delayed Filing PHH Corp., an outsource provider of mortgage and vehicle fleet management services, said Monday it anticipates a delay in the filing of its first-quarter report and has identified deficiencies in its internal controls. PHH Sees Another Delayed Filing (AP) MT. LAUREL, N.J. PHH Corp., an outsource provider of mortgage and vehicle fleet management services, said Monday it anticipates a delay in the filing of its first-quarter report and has identified deficiencies in its internal controls. PHH Onboard SPARKS, Md., June 13 -- PHH Arvals new telematics- powered fleet service, PHH Onboard, was crowned a winner in the Best New Product or Service category by The American Business Awards(SM), also known as the Stevie Awards. MT. LAUREL, N.J. (AFX) - PHH Corp., an outsource provider of mortgage and vehicle fleet management services, said Monday it anticipates a delay in the filing of its first-quarter report and has identified deficiencies in its internal controls. Vital Statistics Jennifer Ann Albright and David Alan Smith Jr. PHH Corporation Provides Update on Preparation of 2005 Financial Statements MT. LAUREL, N.J.----June 12, 2006--PHH Corporation today provided an update on the status of the preparation and audit of its 2005 financial statements and released certain key operating metrics for the three months ended March 31, 2006. PHH to Miss Another Deadline Its reviewing accounting related to its 2005 spinoff. Fitch Affirms 18 RMBS Classes from 3 PHH Transactions NEW YORK----June 2, 2006--Fitch Ratings has affirmed the following PHH Mortgage Corporation issues: |