Ford, General Mills, Calpine, Cemex, US Airways are among big market movers WednesdaySeptember 23rd, 2009 Ford, General Mills, Calpine are among big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Ford Motor Co., up 35 cents at $7.36
The automaker is targeting the fast-growing Asian market, boosting production in the region, and will make a low-cost small car in India. General Mills Inc., up $2.83 at $63.80
Cheaper ingredients and strong demand for the food maker's products grew first quarter profit, and it raised its outlook for the year.
AMR obtains $2.9 billion, including sale of $1 billion in frequent flyer milesSeptember 17th, 2009 AMR obtains $2.9 billion in liquidity, financingFORT WORTH, Texas — The parent of American Airlines said Thursday it has has obtained $2.9 billion in new financing and is making changes in its flight schedule to help cope with weak demand and declining revenue in the airline industry. AMR Corp. said the extra funding includes $1 billion in cash from an advance sale of frequent flyer miles.
Analyst applauds Blockbuster's decision to offer $340 million in senior notes; shares surgeSeptember 14th, 2009 Analyst applauds Blockbuster offer of senior notesNEW YORK — Shares of Blockbuster Inc. surged Monday after an analyst said the video rental company's decision to issue $340 million of senior notes should put to rest investor concerns about liquidity.
Rosetta Resources shares rise 7.5 percent following financial, operational updateSeptember 11th, 2009 Rosetta Resources shares rise on financial updateHOUSTON — Shares of Rosetta Resources Inc. rose on Friday a day after the oil and gas company affirmed its full-year capital budget, said it expects to build cash during the year and maintained its full-year production outlook.
Las Vegas Sands plans to raise up to $600 million in proceeds from exchangeable bonds saleSeptember 2nd, 2009 Las Vegas Sands plans exchangeable bonds saleLAS VEGAS — Las Vegas Sands Corp. said Wednesday that it plans to raise up to $600 million in proceeds from an exchangeable bonds sale, as the casino operator looks to boost its liquidity.
Utah judge authorizes sale of 400 acres of polygamous sect's land in bidding processAugust 24th, 2009 Utah judge orders sale of polygamous sect's landSALT LAKE CITY — A Utah judge has ordered the sale of a 400-acre parcel of land that is part of a trust established by followers of jailed polygamous sect leader Warren Jeffs. In a ruling issued Monday, 3rd District Court Judge Denise Lindberg says a liquidity crisis of the United Effort Plan Trust makes the sale of Berry Knoll necessary.
Weyerhaeuser completes sale of commercial business to Atlas HoldingsAugust 17th, 2009 Weyerhaeuser completes sale of 4 plants to AtlasFEDERAL WAY, Wash. — Timber and wood products company Weyerhaeuser Co.
Yanzhou offers to buy Felix for 16.95 Australian dollars, plus dividend, and Felix backs bidAugust 14th, 2009 Yanzhou Coal makes bid for Felix ResourcesNEW YORK — Yanzhou Coal Mining Co. of China said Thursday it made an offer for Australian coal miner Felix Resources Ltd., and Felix Resources says it board of directors supports the bid.
Sands reworks credit line to allow sale of interest in Macau operations, add liquidityAugust 13th, 2009 Sands reworks credit deal to allow Macau saleLAS VEGAS — Casino operator Las Vegas Sands Corp. says it has reworked a credit agreement in a way that would let it sell a minority interest in its Macau operations to raise cash.
Bank of America's second-quarter profit heavily boosted by foreign operationsAugust 10th, 2009 BofA lost money in US during 2nd-quarterCHARLOTTE, N.C. —Bank of America Corp.'s reported that its better than expected second-quarter profit was boosted by the bank's foreign operations.
Circuit City completes sale of Canadian assets to Bell CanadaJuly 2nd, 2009 Circuit City completes sale of Canadian assetsRICHMOND, Va. — Electronics retailer Circuit City, which closed all its U.S.
Swiss cement maker Holcim buys Mexican rival Cemex's Australia business for $1.62BNJune 15th, 2009 Holcim buys Cemex's Australia business for $1.62BZURICH, Switzerland — Swiss cement maker Holcim AG said Monday it is buying the Australian operations of Mexican rival Cemex SAB de CV for about 2.02 billion Australian dollars ($1.62 billion). The purchase, which will be financed entirely with equity, includes all of Cemex Australia and a 25-percent stake in Cement Australia.
Denbury Resources to sell 60 percent of Barnett Shale assets to Talon for $270 millionMay 13th, 2009 Denbury to sell 60 pct of Barnett Shale assetsDALLAS — Oil and gas developer Denbury Resources Inc. said Wednesday it had agreed to sell 60 percent of its Barnett Shale natural gas assets to Talon Oil & Gas LLC for $270 million.
Ahmedabad's first co-operative bank in liquidity crisisMay 13th, 2009 AHMEDABAD - The city's first co-operative bank - Ahmedabad People's Cooperative Bank - is caught in a cash crunch and will have to seek the central bank's help to avoid closing down operations, officials said Wednesday. The bank's liquidity has dried up with the deposit base getting completely eroded, chairman Nayan Kumar Majmudar told reporters.
Australian Navy nabs boats with 54 suspected asylum-seekersMarch 16th, 2009 SYDNEY - The Australian Navy intercepted a boat suspected of carrying 54 asylum-seekers off the coast of the Northern Territory, officials said Sunday. The passengers and crew were taken to the immigration detention centre on Christmas Island, an Australian territory in the Pacific Ocean.
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