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Peru energy min clears Pluspetrol for 51% in block 102.
ADP News Latin America; Nov 25, 2009; 332 Words ...5%. Pluspetrol will be the operator. The ministry also approved the transfer of 40% in the offshore block Z-38 to Karoon Gas Australia Ltd from Vietnam American Exploration Co Inc. Thus, Karoon increased it stake in the block to 60%.
Danish DUC oil, condensate output down in Oct '09.
ADP News Nordic; Nov 25, 2009; 674 Words ...5.780 billion cu m of gas in the first ten months of 2009. DUC is a joint venture of Maersk with 39%, Royal Dutch Shell plc (AMS:RDSA; LON:RDSA) with 46%, and Chevron Denmark Inc, part of US Chevron (NYSE:CVX), with 15%.
S&P rates Harley-Davidson's USD 500m notes at BBB.
ADP Debt News; Nov 20, 2009; 513 Words ...notes series C due 2014 to be offered by Harley-Davidson Funding Corp, a unit US motorcycle manufacturer Harley-Davidson Inc (NYSE:HOG). Proceeds will be used for general corporate purposes, which may include repayment of existing debt. The notes...
S&P keeps Clearwire Communications' upsized notes rating at B+.
ADP Debt News; Nov 20, 2009; 412 Words ...20, 2009 - S&P on Thursday continued its B+ issue-level rating on Clearwire Communications LLC's and Clearwire Finance Inc's jointly issued secured notes due 2015. The issuers are subsidiaries of US wireless broadband network operator Clearwire...
ERA Completes Third Sale of 100,000 Tonnes of Voluntary Emission Reductions to an Integrated Oil and Gas Company.
Marketwire Canada; Dec 4, 2009; 700+ Words ...wholly owned subsidiary ERA Ecosystem Restoration Associates Inc. ("ERA") is pleased to announce they have completed their...Through its subsidiary, ERA Ecosystem Restoration Associates Inc., ERA produces significant, measurable carbon sequestration...
S&P ups outlook on GAMCO Investors on stronger results.
ADP Debt News; Dec 4, 2009; 535 Words ...on Thursday upgraded to "stable" from "negative" its outlook on US investment advisory services provider GAMCO Investors Inc (NYSE:GBL) while affirming the company at BBB/A-2. The outlook change reflects improvements in GAMCO' operating performance...
India Inc recognising climate change risks: Report.
PTI - The Press Trust of India Ltd.; Dec 3, 2009; 478 Words India Inc recognising climate change risks: Report New Delhi, December 03, 2009 (PTI) - India Inc has started recognising the risks associated with climate change, with the software and services sector taking the lead in monitoring their emissions...
Calaca plant turned over to DMCI.(Main Business)
Manila Bulletin; Dec 4, 2009; 680 Words The 600-megawatt Calaca coal-fired plant was finally turned over to the private sector, after buyer DMCI Holdings Inc. settled down payment of $150.79 million to the Power Sector Assets and Liabilities Management Corporation (PSALM) to warrant...
Straighten crooked ways.(Opinion)
Manila Bulletin; Dec 4, 2009; 700+ Words ...Bishop Luis Antonio Tagle, DD.* * *The ordination ceremonies will be aired by the SVD Mission Communications Foundation, Inc. (MCFI) on Family TV Mass, IBC-13 at 9-10 a.m. tomorrow, Sunday. See how priests are ordained.* * *In this second...
'Only La Diva' at the Music Museum Saturday night.(Showbiz)
Manila Bulletin; Dec 4, 2009; 700+ Words ...mounted. Both concerts are for the benefit of Childhaus.Produced by Sunny Side Up Productions, in cooperation with GMA Network Inc. and presented by Aficionado & Joel Cruz, “Only La Diva’s” musical director is Danny Tan, production...
S&P rates Hawker Beechcraft's term loan at CCC+.
ADP Debt News; Nov 18, 2009; 489 Words ...incremental term loan, the same as the corporate credit rating on parent company, US business jet maker Hawker Beechcraft Inc. The loan landed a recovery rating of 4, which indicates expectations of average (30%-50%) recovery in a default scenario...
Ferrero, US Hershey in joint counterbid on Cadbury - report.
ADP News Italy; Nov 18, 2009; 646 Words ...various media reports. Manoeuvring in the food sector that has started recently with the hostile takeover bid of US Kraft Foods Inc (NYSE:KFT) for Cadbury is going on and after Italian daily Il Sole 24 Ore reported Tuesday that Ferrero was preparing a counterbid...
DBRS confirms Newfoundland Power's ratings.
ADP Debt News; Nov 16, 2009; 530 Words ...shares, respectively, of Canadian utility Newfoundland Power Inc. The outlook is "stable". The rating action mirrors the company...is a subsidiary of Canadian diversified holding company Fortis Inc (TSX:FTS, rated BBB ("high") with a "stable" outlook...
Canadian GLV takes over 80.5% stake in Austrian Christ Water.
ADP News Austria; Nov 18, 2009; 407 Words (ADPnews) - Nov 18, 2009 - Canadian technology group GLV Inc (TSE:GLV.B) has acquired 80.5% of the stock of Austrian Christ Water Technology AG (WBAG:CWT) in the course of the...
S&P affirms Michaels Stores at B- after term loan amendment.
ADP Debt News; Nov 9, 2009; 528 Words ...P on Friday affirmed its ratings, including the B- corporate credit rating, on US arts and crafts retailer Michaels Stores Inc after the company amended its senior secured term loan. Following the amendment, USD 1 billion (EUR 667,000) of the currently...
AM Best ups Upland Mutual Insurance's outlook to "positive".
ADP Debt News; Nov 9, 2009; 491 Words ...Friday to "stable" from "positive" and confirmed the issuer credit rating (ICR) of "bbb" on US Upland Mutual Insurance Inc. The agency also upheld the B++ (good) financial strength rating (FSR) on the company. The outlook on the FSR is "stable...
Havator, Euroports to develop bulk terminal for Northland Resources in Finland.
ADP News Nordic; Nov 17, 2009; 427 Words (ADPnews) - Nov 17, 2009 - Canada-based but Oslo-listed mining company Northland Resources Inc (OSL:NAUR) said today that Finnish Havator Group Oy and Luxembourg-based Euroports Holding would develop its bulk shipping...
Paper says Roche might be tempted to buy Swedish BioInvent.
ADP News Nordic; Nov 19, 2009; 627 Words ...as much as the milestone payments under the company's ongoing agreements with Roche and US biotechnology company Genentech Inc (NYSE:DNA). To this future sales and new contracts can be added, DI said. The shares in BioInvent closed at SEK 28.80...
DBRS puts BFI Canada's rating under review with "developing" implications.
ADP Debt News; Nov 13, 2009; 446 Words ...the senior secured debentures of the waste company BFI Canada Inc. The placement under review follows an announcement by the company...BIN), that it will merge with local company Waste Services Inc as BFI Canada reflects the overall credit risk profile of IESI...
S&P puts St John Knits International Inc on "negative" watch.
ADP Debt News; Nov 16, 2009; 351 Words ...negative" watch its ratings, including the B+ corporate credit rating, on US apparel maker St John Knits International Inc. The listing, meaning the ratings would be either lowered or affirmed upon the completion of a review, reflects the company...
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