Perdue signed NC law boosting consumer protections on foreclosures, debt collectionsSeptember 9th, 2009 NC Gov. Perdue signs beefed up consumer protectionRALEIGH, N.C. — North Carolina consumers soon will have new protections from foreclosures and intimidating debt collection practices.
Judge extends deadline to weigh in on Google's digital book deal until Sept. 8September 3rd, 2009 Judge extends deadline to debate Google book dealNEW YORK — A federal judge has extended the deadline to support or protest a class-action settlement that would empower Google to add millions of out-of-print books to its already vast digital library. The new deadline is 10 a.m.
Penn National Gaming extends tender offer deadline, waives certain conditionsAugust 20th, 2009 Penn National Gaming extends tender offer deadlineWYOMISSING, Pa. — Casino operator Penn National Gaming Inc.
KB Home debt offers exceed maximum tender amount, will repurchase on pro rata basisAugust 20th, 2009 KB Home debt offers exceed maximum tender amountLOS ANGELES — Homebuilder KB Home said Thursday the tendered amount for notes in a recently announced offer exceeded the maximum tender amount and it will buy notes on a prorated basis. The company said it received offers to purchase notes with an aggregate principal amount of more than $316 million as of Thursday.
Watson Pharmaceuticals offering $850 million in mix of senior notesAugust 18th, 2009 Watson offering $850 million in notesMORRISTOWN, N.J. — Drug developer Watson Pharmaceuticals Inc.
GSI Commerce prices shares at $17 each; expects $59 million in proceeds from offeringAugust 13th, 2009 GSI prices shares at $17 each; expects $59MKING OF PRUSSIA, Pa. — Retail Web site operator GSI Commerce Inc.
St. Jude Medical plans senior debt securities offering, proceeds could go to stock buybackJuly 23rd, 2009 St. Jude Medical plans debt securities offeringST. PAUL, Minn. — Medical device maker St.
Time Warner Cable prices $1.5 billion debt offeringJune 24th, 2009 Time Warner Cable prices debt offeringNEW YORK — Time Warner Cable Inc. said Wednesday it priced a $1.5 billion underwritten public offering of 6.75 percent debentures due 2039.
Station Casinos gets fourth extension on debt plan, new deadline July 17 to OK restructuringJune 22nd, 2009 Station Casinos gets fourth extension on debt planLAS VEGAS — Station Casinos Inc. says it is continuing to negotiate a restructuring plan with bondholders and has extended its deadline to next month.
Graphic Packaging International nets $238.4 million in private senior notes offeringJune 16th, 2009 Graphic Packaging nets $238.4M in debt saleMARIETTA, Ga. — Consumer products packaging maker Graphic Packaging International Inc.
GMAC Financial Services prices $4.5 billion debt offeringJune 4th, 2009 GMAC prices $4.5 billion debt offeringDETROIT — Auto lender GMAC Financial Services on Wednesday said it has priced a $4.5 billion note offering guaranteed by the Federal Deposit Insurance Corporation under its temporary liquidity guarantee program. GMAC said the securities offering includes $3.5 billion of senior fixed-rate notes and $1 billion senior floating-rate notes, both of which are due in December of 2012.
Dow Chemical to offer debt securities to cut debt, payoff preferred shareholdersMay 9th, 2009 Dow Chemical to offer debt securities to cut debtNEW YORK — Dow Chemical Co. announced a plan Friday to retire preferred shares used for its recent buyout of Rohm & Haas, a move that will save it millions in dividend payments.
General Motors CEO says company can still avoid bankruptcy despite daunting restructuring listMay 4th, 2009 New GM CEO says company can still avoid bankruptcyDETROIT — General Motors CEO Fritz Henderson says the automaker still can avoid bankruptcy but it has a lot of work left before the government's June 1 deadline. Henderson said Monday in an interview with The Associated Press that "it's still possible" for GM to stay out of bankruptcy, and that's the company's preference.
GM announces new cost cuts, axes Pontiac for survivalApril 27th, 2009 WASHINGTON - General Motors Corp. announced another round of drastic cost-cutting measures Monday in its latest bid for survival, including abandoning its Pontiac brand and offering bondholders, employees and the government a greater stake in the ailing automaker to cut its massive debt.
GM says it may have to miss $1B bond payment June 1 due to pending debt-for-equity offerApril 22nd, 2009 GM may skip $1B bond payment due to exchange offerDETROIT — General Motors Corp. may miss a $1 billion bond payment due June 1 if it doesn't complete a debt-for-equity exchange by then, the company said Wednesday.
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