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If a country doesn't want to fulfil its obligations, well, there's no other
Bank of Qatar lost 1.20% to QR82.50, Intl. Islamic Bank 0.98 to QR50.30,Qatar Insurance fell 0.62% to QR80.70 and Electricity & Water was down 0.75% to QR132.00. Today the Qatar Banking and Financial sector fell 71.26 and the Insurance sector dropped
Updated: 09/08/2011 09:29P
NewPage begins bankruptcy proceedings
Headquartered in Miamisburg, Ohio, NewPage Corporation is the leading producer of printing and specialty papers in North America, based on production capacity, with $3.6 billion in net sales for the year ended Dec. 31, 2010. The company's product
Updated: 09/08/2011 09:27P
Acadiana's News Leader Feds investigate solar firm that got $535M US loan
(AP) - FBI agents executed search warrants Thursday at the headquarters of California solar panel manufacturer Solyndra, which received more than $500 million in federal loans before filing for bankruptcy last week. Blue-jacket-clad agents swarmed the
Updated: 09/08/2011 09:23P
Lee Enterprises to refinance some $865 million in debt; $175 million debt
The deal pushes the due date on a $689.5 million first-lien loan to December 2015 and a $175 million second-lien loan to April 2017. Buying more time to repay the money wasn't cheap. As of June, Lee had been paying an interest rate averaging 5.07
Updated: 09/08/2011 09:23P
CBS 3 Springfield - WSHMLee reaches refinancing deal on most of its debt
The deal pushes the due date on a $689.5 million first-lien loan to December 2015 and a $175 million second-lien loan to April 2017. Buying more time to repay the money wasn't cheap. As of June, Lee had been paying an interest rate averaging 5.07
Updated: 09/08/2011 09:22P
Roofing business files for bankruptcy
By Corey Jones A Topeka roofing company that was shuttered for a brief time Wednesday filed for bankruptcy later in the day, which allowed it to reopen and continue honoring its contracts. Jeannine Koranda, spokeswoman for the Kansas Department of
Updated: 09/08/2011 09:17P
Lee reaches refinancing deal on most of its debt
Uncertainty about whether Lee would be able to repay about $1 billion in debt due in April had raised fears that the company might have to seek bankruptcy protection. More than a dozen other US newspaper publishers have turned to that refuge to
Updated: 09/08/2011 09:16P
Keppel, LionGold, Otto Marine, Wilmar: Singapore Equity Preview
Keppel Land Ltd. (KPLD SP): The Singapore real-estate company said its fund management arm closed the Alpha Asia Macro Trends Fund II after winning commitments for more than $460 million by the end of June from eight institutional investors.
Updated: 09/08/2011 09:06P
WNEM TV 5 Feds investigate solar firm that got $535M US loan
(AP) - FBI agents executed search warrants Thursday at the headquarters of California solar panel manufacturer Solyndra, which received more than $500 million in federal loans before filing for bankruptcy last week. Blue-jacket-clad agents swarmed the
Updated: 09/08/2011 08:56P
Saab bankruptcy protection denied: Is this the end?
Yesterday we reported that Saab filed to a local court for bankruptcy protection asking for approval of a voluntary reorganisation. Vnersborg District Court has now denied Saab the application.
Updated: 09/08/2011 08:49P
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