LightSquared proposed a new plan to exit Chapter 11 by raising $2.75 billion in loans and at least $1.25 billion in equity investment, replacing a plan that included a spectrum auction in which Dish Networks was the highest bidder. The ...
Tags: LightSquared, Chapter 11, Dish Networks, spectrum auction
YRC Worldwide Inc. has reached an agreement with some of its creditors to reduce its debt by about $300 million, a move the carrier said is a key to obtaining new concessions from the Teamsters union. As a result of the agreement, YRC's ...
Tags: YRC Worldwide, Teamsters union, reduce debt
An average 2014 oil price of $81/b for Saudi export crude, or about $85/b for Brent, is likely to be needed for Saudi Arabia to balance state revenues with government spending in the coming year as oil production declines to 9.3 million ...
Tags: Balance Budget, Oil Output
China's economic growth is likely to stand at 7.6 percent this year, slightly down from 7.7 percent in 2012, said a State Council report on Wednesday. Economic growth has been higher than expected since 2011 despite a declining trend, ...
Tags: China's Growth, Mineral
More young adults have health insurance now than three years ago. And many of them are getting that coverage under a provision of the Affordable Care Act that allows them to stay on their parents' health policies until they turn 26, U.S. ...
Tags: health insurance, Affordable Care Act, health policies
Bioanalytical Systems,Inc.(NASDAQ:BASI)today announced financial results for the fourth quarter and fiscal 2013,highlighted by net income of$252,000,or$0.03 per diluted share,for the fourth quarter and$773,000,or$0.09 per diluted share,for ...
Tags: Bioanalytical Systems, financial results for the fourth quarter
Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced today that it has reached an agreement to sell its 5% interest and transportation rights in the Oleoducto Central S.A. ("OCENSA") oil pipeline in Colombia for a ...
Tags: pipeline
Money problems can prevent women from getting recommended breast cancer treatments, a new study suggests. Researchers analyzed data from more than 1,300 women in the Seattle-Puget Sound area who were diagnosed with breast cancer between ...
Tags: breast cancer, breast cancer treatments, money problems, women health
The Men's Wearhouse commented on Jos. A. Bank Clothiers' decision not to engage with Men's Wearhouse following the Company's proposal to acquire Jos. A. Bank for $55.00 per share in cash. Men's Wearhouse issued the following statement: ...
Tags: Men's Wearhouse, Apparel
Panasonic Corp. (6752) bonds went from last year's worst performers to the best of 2013, as President Kazuhiro Tsuga avoided a junk debt rating by shrinking television and handset businesses. The notes topped the return rankings in the ...
Tags: Electrical, Electronics
Belarusia has proposed to Russian oil producer Rosneft to take part in the privatization of one of its two large oil refineries,Belarusian Deputy Prime Minister Pyotr Prokopovich said on Friday. Belarus has offered Rosneft an option to ...
Tags: Belarusia, Rosneft, oil refineries, privatization
Vietnam's economy grew more than analysts estimated as exports climbed,even as banks struggled to meet the government's lending target. Gross domestic product rose 6.04 percent in the fourth quarter from a year earlier,according to data ...
Oclaro Inc of San Jose, CA, USA (which provides lasers and optical components, modules and subsystems for optical communications) says that holders of all $25m of the 7.5% exchangeable senior secured second lien notes due 2018 have ...
Tags: Oclaro, Electrical, Electronics, Instruments, Meters
Trade group ZVEI warned on Thursday, however, that European producers were still facing a number of uncertainties, including fallout from the euro zone debt crisis and Germany pushing through its planned shift to a greener energy mix. ...
Tags: Electrical, Electronics
Thinking about remodeling or building something from scratch? Chances are that you may have considered the integration of reclaimed timber from deconstructed homes into your final product, for reasons ranging from wanting to be ...
Tags: reclaimed timber, decoration