Debt
Senate Talks Collapse On a Housing Bill - Washington Post
Sen. Christopher Dodd (D) drafted his own bill to aid homeowners. (Bob Child - AP) Hope dimmed yesterday that Congress would act quickly to rescue homeowners at risk of foreclosure after key Republican and Democratic negotiators in the Senate said ... (more...)
Hong Kong shares firmer on large-caps; China insurers down after quake ... - Forbes
HONG KONG (XFN-ASIA) - Share prices were firmer as HSBC and China Mobile were lifted by higher American depositary receipt prices, and cement and steel firms surged on hopes of a surge in demand for their products due to reconstruction work following ... (more...)
Canadian Judge Urged to Back C$32 Billion Debt Plan (Update3) - Bloomberg
May 12 (Bloomberg) -- The group leading a restructuring plan for C$32 billion ($31.8 billion) of insolvent Canadian commercial paper urged an Ontario judge to approve it, saying the only alternative would be a fire sale of the notes. Noteholders ... (more...)
Esterline Tech's $175 million senior notes rating raised to 'Ba2 ... - Forbes
MUMBAI (Thomson Financial) - Moody's Investors Service said it raised its ratings on Esterline Technologies Corp. 's $175 million senior unsecured global notes due 2017 to 'Ba2' LGD3 49 percent from 'Ba3' LGD4 67 percent following prepayment of its ... (more...)
Tribune to sell Newsday to Cablevision - Los Angeles Times
NEW YORK -- Tribune Co. today announced an agreement to sell Long Island newspaper Newsday to Cablevision Systems Corp. for $650 million. The deal will give Tribune $630 million in cash to pay down its nearly $13-billion debt. Two-thirds of that was ... (more...)
Tribune's Newsday deal is one step in easing debt - Herald-Standard
NEW YORK (AP) - Tribune Co.'s $650 million sale of Newsday is an important step toward alleviating its debt burden - for this year. Now the Chicago company needs to move on its next big asset sales, including the Chicago Cubs baseball team and ... (more...)
Hersha Hospitality to offer 6 million shares - CNN Money
NEW YORK (Associated Press) - Real estate investment trust Hersha Hospitality Trust said Monday it will sell 6 million shares in a public offering. The company plans to use the net proceeds of the offering to repay outstanding debt under its ... (more...)
Tribune to sell Newsday to Cablevision - Los Angeles Times
NEW YORK -- Tribune Co. today announced an agreement to sell Long Island newspaper Newsday to Cablevision Systems Corp. for $650 million. The deal will give Tribune $630 million in cash to pay down its nearly $13-billion debt. Two-thirds of that was ... (more...)
DIARY - Germany - to June 10 - Reuters
For German corporate events diary double-click on [WEU/EQUITY] UPCOMING ECONOMIC INDICATORS GMT MEDIAN DATE GMT/LOCAL INDICATOR PERIOD F/CAST PRIOR 15MAY 0600/0800 GDP flash estimate q/q Q1 0.7% 0.3% 15MAY 0600/0800 GDP flash estimate y/y Q1 1.8% 1.6 ... (more...)
Common Council moves up street projects, will take on debt - Carroll County Online
Deciding that improvements to Westminster streets couldn?t wait, the Common Council revised the fiscal years 2009-2014 Capital Improvement Plan at Monday?s meeting to front load the city?s budget for street overlay projects, and go in debt in ... (more...)