[ILLUSTRATION OMITTED] The biggest wave of business bankruptcies may be over (key words here are "may be," pending the economy's trajectory), but that's not to say the courts will be devoid of with...
The volatility that marked energy markets over the past year is almost guaranteed to continue in 2012. Geopolitical factors, such as Europe's financial crisis and conflicts with Iran and other regions, make long-range...
HEADNOTE The future of business is pure chaos. Here's how you can survive- and perhaps even thrive. DJ Patii pulls a 2-foot-long metal bar from his backpack. The contraption, which he calls a...
HEADNOTE The seventh annual Community Bankers Symposium, co-sponsored by the Federal Reserve Bank of Chicago, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC), was held...
Fitch affirms Lukoil 'BBB-' rating with 'stable' outlook International rating agency Fitch Ratings affirmed on January 27 its long-term foreign and local currency issuer default rating (IDR) for oil major OJSC Lukoil of...
Massey Knakal announced the following sales: * A mixed-use building at 347 East 54th Street, sold for $2,700,000. The four-story property is 4,800 s/f and consists of a restaurant on the ground floor...
Bankruptcy filings declined in the New Orleans area in 2011, and there are a variety of theories as to why. Tight credit in the business world and consumers still reeling from the downturn...
Full Year Diluted EPS of $12.37 ($11.85 as adjusted) Operating Margin of 36.3% (40.0% as adjusted) for Fourth Quarter 2011 Assets Under Management of $3.513 Trillion at December 31, 2011 NEW YORK --...
* Full Year Net Revenues of $32.4 Billion; Income from Continuing Operations of $1.26 per Diluted Share * Fourth Quarter Net Revenues of $5.7 Billion, Including Loss of $1.7 Billion Related to the...
CEDAR RAPIDS, Iowa -- Rockwell Collins, Inc. (NYSE: COL) today reported first quarter fiscal year 2012 income from continuing operations of $130 million compared to $150 million in the same period last year....
DALLAS -- Energy Transfer Partners, L.P. (NYSE: ETP) today announced that $291,950,000 in aggregate principal amount of its 5.650% Senior Notes due 2012 were tendered prior to 5:00 p.m., New York City time,...
NEW YORK -- Fitch Ratings has assigned a rating of 'A-' to the following bonds of Orlando, Florida's community redevelopment agency (CRA or the agency): --$28.4 million tax increment revenue refunding bonds (Republic...
U.S. Treasuries Expected to Remain Volatile; Corporate and High Yield Issues Continue to Be An Attractive Option Due to Business Climate SAN FRANCISCO -- Bank of the West's Wealth Management Group today released...
MONTERREY, Mexico -- Fitch Ratings has assigned a rating of 'BBB' to Grupo Bimbo, S.A.B. de C.V.'s (Bimbo) proposed senior notes issuance up to USD800 million due 2022. Proceeds of the issuance are...
CHICAGO -- Fitch Ratings has downgraded and withdrawn the long-term Issuer Default Rating (IDR) of MCG Capital Corporation (MCG) to 'B' from 'BB-' and removed the company from Rating Watch Negative. The ratings...
Declares Quarterly Distribution of $1.16 Per Unit HOUSTON -- Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today declared a quarterly cash distribution per common unit of $1.16 ($4.64 annualized) payable on Feb. 14,...
NEW YORK -- Fitch Ratings affirms the 'AAA' ratings of the following securities issued by Nuveen Georgia Dividend Advantage Municipal Fund 2 (NYSEAMEX: NKG), a municipal closed-end fund managed by Nuveen Fund Advisors,...
IRVINGTON, N.Y. -- Prestige Brands Holdings, Inc. (NYSE: PBH) (the "Company") announced today that its wholly-owned subsidiary, Prestige Brands, Inc. ("Prestige Brands"), intends to offer, subject to market and other conditions, up to...
NEW YORK -- UBS Investment Banktoday announced that the ETRACS team, Dennis Gartman and Mark Fisher will ring the Opening Bell of the NYSE this morning to mark the recent successful launches of...
OLDWICK, N.J. -- A.M. Best Co. has withdrawn the issuer credit and debt ratings of "bbb+" of Anthem Holding Corp., an intermediate holding company of WellPoint Inc. (both domiciled in Indianapolis, IN). All...