Journals By Industry - Letters of Credit

[ILLUSTRATION OMITTED] For consumers, paper is on its way out. Just ask the U.S. Postal Service. The ever-struggling agency posted a $5.1 billion loss in its 2011 fiscal year, driven primarily by a...

For overweight consumers looking to lose weight fast, the use of lap band surgery as a quick and easy way to a new life can be tempting. But in some cases, it's deadly....

There are fuel shortages in the country caused partly by financial difficulties being faced by the interim government since the fall of President Mubarak and partly in view of rising domestic prices. Long...

PHOENIX -- Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX): Net income attributable to common stock for fourth-quarter 2011 was $640 million, $0.67 per share, compared with net income of $1.5 billion, $1.63 per...

- Records Pre-Tax Charge of $61.0 Million ($.17 Per Share) - Full Year Net Income of $603.6 Million, Earnings Per Common Share of $2.47 - Full Year Pre-Tax Charges Total $91.6 Million ($.25...

National Campaign Will Encourage Listeners to Contribute to Innovative, Award-Winning Education Charity that Benefits Local Teachers Chase to Help Match Listeners' Donations NEW YORK -- Clear Channel Communities[TM], the recently launched community engagement...

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,...

MEMPHIS, Tenn. -- Verso Paper Corp. (NYSE: VRS) today announced preliminary results for the fourth quarter and the year ended December 31, 2011. Verso estimates the following results: * For the three-month period...

NEW YORK -- (This is a correction of a release originally issued Jan. 13, 2012. It provides updated information regarding the short-term rating and letter of credit.) On the effective date of Jan....

David Leinweber has built his Colorado Springs fly fishing business on Colorado's clean water. And, he's not happy with Supreme Court rulings that have changed the Clean Water Act, making some of Colorado's...

NEW YORK -- On the effective date of Jan. 20, 2012, Fitch Ratings will downgrade to 'F1' from 'F1+' the short-term rating assigned to the $75,000,000 City of Houston, Texas Combined Utility District...

NEW YORK -- Fitch Ratings withdraws the credit enhanced (CE) 'F1' rating assigned to the following commercial paper (CP) notes, which were based on the support of a direct-pay letter of credit (LOC)...

NEW YORK -- Fitch Ratings withdraws its 'A/F1' rating assigned to the Independence Place Fort Campbell Patriots (TN) variable-rate demand notes series 2008, which was based on the support of an irrevocable direct-pay...

NEW YORK -- Link to Fitch Ratings' Report: Fitch Takes Various Rating Actions on Enhanced U.S. Municipal Bonds and TOBs http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=666382 Fitch Ratings has taken various conforming rating actions on enhanced municipal bonds...

The justices of the U.S. Supreme Court appear poised to issue a split decision in a case considering what notice non-union state workers must receive before being assessed a special fee that will...

TABLE OF CONTENTS SECTION 1. WHAT IS THE PURPOSE OF THIS REVENUE PROCEDURE? .............................................. 262 .01 Description of terms used in this revenue procedure .............................................................. 262 .02 Updated annually ............................................................................................ 263 SECTION 2....

NEW YORK -- Morrison Cohen LLP announced today the admission to the firm of its newest lateral partner, Bruce P. Levine. Mr. Levine will join the Firm's Corporate Department. He comes to Morrison...

SUGAR LAND, Texas -- Imperial Sugar Company (NASDAQ:IPSU) today reported a net loss for the fiscal fourth quarter ended September 30, 2011 of $32.5 million, or $2.73 per share, compared to a net...

NEW YORK -- Fitch Ratings withdraws the 'F1+' rating assigned to the Sacramento Municipal Utility District (CA) commercial paper notes series J, which was based on the credit support of a letter of...