Alliant Energy announces tender offer results, will pay $40 per senior noteSeptember 30th, 2009 Alliant Energy announces tender offer resultsMADISON, Wis. — Alliant Energy Corp.
B/E Aerospace debt ratings lowered by Standard & Poor'sSeptember 23rd, 2009 Some B/E Aerospace debt ratings loweredNEW YORK — Ratings agency Standard & Poor's said Wednesday it has lowered its long-term corporate credit rating on airline interior components manufacturer B/E Aerospace Inc. to junk status.
S&P raises Carter's debt rating by a notch to highest junk rating, keeps outlook stableSeptember 21st, 2009 S&P raises Carter's debt rating 1 notchSAN FRANCISCO — Standard & Poor's raised its rating on Carter's Inc.'s corporate debt by a notch to the highest rating still in junk territory and kept its outlook as stable. The rating was raised to BB+ from BB.
Standard & Poor's lowers rating on some Continental debt, citing declining aircraft valuesSeptember 2nd, 2009 S&P lowers rating on some Continental debtNEW YORK — Standard & Poor's on Wednesday lowered the rating on some of Continental Airlines Inc.'s debt to a lower degree of junk status, citing declining aircraft values. Debt ratings can affect companies' borrowing costs.
Standard & Poors lowers rating on Brown shoe over performance concernsSeptember 1st, 2009 S&P lowers rating on Brown ShoeNEW YORK — Standard & Poor's Ratings Services on Tuesday lowered its corporate credit rating on St. Louis-based Brown Shoe Co.
Standard & Poor's boosts EXCO Resources Inc. credit rating, praises sale of petroleum assetsAugust 19th, 2009 S&P boosts EXCO Resources credit ratingDALLAS — Standard & Poor's Ratings Services said Wednesday it has increased the corporate credit rating it assigns to EXCO Resources Inc. after the petroleum company sold some of its assets.
Standard & Poor's takes California off credit watch, easing the way for state to sell bondsAugust 19th, 2009 S&P takes California off negative credit watchSACRAMENTO, Calif. — A major bond-rating agency has taken California off its negative credit watch but says the state's financial situation remains precarious.
Standard & Poor's cuts rating on Liz Claiborne, says poor performance to continueAugust 18th, 2009 Standard & Poor's cuts rating on Liz ClaiborneNEW YORK — Standard & Poor's Ratings Services lowered its rating on Liz Claiborne Inc. further into junk status on Monday, saying the clothing company's poor performance was expected to continue for the remainder of the year.
Moody's assigned 'Ba1' rating to Watson Pharma sale of $850M in senior unsecured notesAugust 18th, 2009 Moody's rates Watson note offering as 'junk'NEW YORK — Moody's Investors Service on Tuesday assigned a "junk" rating to Watson Pharmaceuticals Inc.'s $850 million offering of senior notes. Moody's gave a Ba1 rating to the sale of five- and 10-year notes.
Janus says repurchase offer expires, raises cap to $444 millionAugust 12th, 2009 Janus says tender offer expires, raises offer capDENVER — Janus Capital Group Inc. on Wednesday said its offer to repurchase outstanding notes has expired and it has raised the repurchase amount after a better-than-expected response from investors.
Standard & Poors adding FMC to S&P 500, replacing CentexAugust 12th, 2009 S&P adding FMC to S&P 500, replacing CentexNEW YORK — Standard & Poors said on Tuesday it will add chemicals maker FMC Corp. to its S&P 500 index, replacing Centex Corp.
Moody's assigns investment grade rating to International Paper's new senior notes offeringAugust 3rd, 2009 International Paper's note offering gets ratingNEW YORK — Moody's Investors Service on Monday assigned an investment grade rating to International Paper Co.'s new senior notes offering. The ratings agency gave the Memphis, Tenn.-based company a "Baa3" rating on its offering and rated its outlook negative.
Standard & Poor's lowers some Washington Post credit ratingsJune 26th, 2009 S&P lowers Washington Post corporate credit ratingNEW YORK — Standard & Poor's Ratings Services on Friday lowered its corporate credit and senior unsecured issue-level ratings on Washington Post Co. to A from A+.
Standard & Poor's boosts New Orleans' bond rating to investment grade, move key to bond saleApril 21st, 2009 S&P upgrades New Orleans' bond ratingNEW ORLEANS — Standard & Poor's Ratings Services has boosted its bond rating for the city of New Orleans to investment grade, significant for the city as it continues recovering from Hurricane Katrina. After the 2005 storm, Standard & Poor's rated the city at below-investment grade, and an upgrade was seen as critical to the city's hopes of selling up to $80 million in bonds for infrastructure projects this year.
Unisys to cut 1,300 jobsDecember 22nd, 2008 WASHINGTON - US-based IT consulting and solutions major Unisys Corp has announced that it will cut around 1,300 jobs globally as part of the company's cost-cutting measures. Unisys is exploring a wide range of cost-reduction options 'to reduce its annual cost structure by more than $225 million', a company statement said Monday.
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