Harris & Harris announces proposed follow-on public stock offeringOctober 5th, 2009 Harris & Harris announces proposed share offeringNEW YORK — Harris & Harris Group Inc. announced a proposed follow-on public offering of its common shares on Monday.
Plains All American completes public offering, to use $494M proceeds to pay borrowingsSeptember 4th, 2009 Plains All American completes $500M offeringHOUSTON — Plains All American Pipeline LP said Friday it received $494 million in net proceeds from a recent offering of senior unsecured notes. The crude oil transporter said it completed a public offering of $500 million on principle amount of 5.75 percent senior unsecured notes due January 15, 2020.
Vanguard gets $5.9 million in proceeds from recent public offeringAugust 26th, 2009 Vanguard gets $5.9M in proceeds from offeringHOUSTON — Oil and natural gas company Vanguard Natural Resources LLC said Wednesday it received $5.9 million in proceeds from a recent public offering. Underwriters bought an additional 432,800 common units in a public offering.
Energy company Petroleum Development prices shares of stock offering at $12August 12th, 2009 Petroleum Development prices shares at $12DENVER — Oil and gas company Petroleum Development Corp. said Wednesday that it has priced its offering of nearly 3.8 million shares of common stock at $12 per share.
Canada forgives debt of 2.3 million Canadian dollars owed by HaitiJuly 2nd, 2009 Canada forgives debt owed by HaitiOTTAWA — Canada has forgiven 2.3 million Canadian dollars ($2 million) in debt owed by Haiti as part of the federal government's plan to relieve impoverished and heavily indebted countries. Finance Minister Jim Flaherty said Thursday the debt relief will let Haiti spend its scarce resources on its priorities instead of its liabilities.
Torchmark offering $300 million in senior notes, expects to pay debenturesJune 26th, 2009 Torchmark offering $300 million in senior notesMCKINNEY, Texas — Insurance products company Torchmark Corp. said Thursday it is offering $300 million in senior notes and expects to use the proceeds to repay senior debentures and fund general corporate purposes.
Canadian cable operator Shaw reports 3 percent gain in 3Q profitJune 26th, 2009 Canadian cable company Shaw sees 3Q profit riseDES MOINES, Iowa — Shaw Communications Inc. said profit grew 3 percent in the third quarter as it signed up new cable and telephone subscribers.
Chinese refiner Sinopec to buy Canada's Addax Petroleum for $7.2 billionJune 24th, 2009 China's Sinopec to acquire Addax Petroleum for $7BCALGARY, Alberta — Canadian oil and gas exploration company Addax Petroleum Corp says that it has agreed to be acquired by Chinese refiner Sinopec in a deal valued at $8.27 billion Canadian (US$7.2 billion). The wholly owned subsidiary of China Petrochemical Corp.
Solar maker Yingli Green Energy earns $192.6M from public offering of company sharesJune 23rd, 2009 Yingli earns $192.6M in public offeringNEW YORK — Solar module maker Yingli Green Energy said Tuesday it earned $192.6 million from a public offering of 18.6 million company shares. China-based Yingli sells solar modules and related products around the world.
AIG prices secondary public offering of Transatlantic shares; $988 million in proceeds seenJune 5th, 2009 AIG prices secondary offer of Transatlantic sharesNEW YORK — American International Group Inc. said late Thursday it priced a secondary public offering of 26 million shares of Transatlantic Holdings Inc.
American Express says proceeds from $500 million public equity offering could pay back TARPJune 1st, 2009 American Express to offer $500 million in stockNEW YORK — American Express says it will sell $500 million worth of its common stock in a public offering, and use the proceeds in part to pay back government bailout funds. The New York-based credit card company says it will use the proceeds for general corporate purposes, including repurchasing some of the $3.4 billion worth of preferred shares it issued to the U.S.
Low oil prices force merger of Canadian giantsMarch 24th, 2009 TORONTO - With global oil prices well below their production costs, Canada's top two energy companies have decided to merge to create one of the world's biggest oil companies to weather the crisis. Petro Canada and Suncor Energy Inc.
India invites Canadian firms to develop mining sectorMarch 4th, 2009 TORONTO - India has sought Canadian mining knowhow to exploit its mineral resources. Speaking at the end of the global mining meet by the Prospectors and Developers Association of Canada (PDAC) here Tuesday, India's Deputy High Commissioner Narinder Chauhan urged Canada to take advantage of opening of India's mining sector.
Invest in India, Canadian mining firms toldMarch 4th, 2009 TORONTO - India has sought investment and expertise from Canada, a global leader in mining, and asked its firms to exploit rich resources in states like Orissa and Chhattisgarh, saying the sector was poised for big growth. Speaking at the end of the global mining meet by the Prospectors and Developers Association of Canada (PDAC) here Tuesday, India's Deputy High Commissioner Narinder Chauhan urged Canada to take advantage of opening of India's mining sector.
Canadian dollar, markets keep risingJanuary 8th, 2009 TORONTO - Though prices of two main Canadian resources of oil and commodities continue to slip, the Canadian dollar has risen appreciably against the US dollar in the new year. Thanks to the weakening US dollar, the loonie - as the Canadian dollar is called - rose as high as 84.85 cents US, gaining 1.31 cents against the greenback Thursday.