Fitch Affirms Newfield’s IDR at ‘BB+’ and Upgrades Sr Sub Notes to ‘BB’; Outlook Stable
CHICAGO–(BUSINESS WIRE)–Fitch Ratings has affirmed Newfield Exploration Company’s (Newfield) Issuer Default Rating (IDR) at ‘BB+’ and upgraded the company’s senior subordinated note rating to ‘BB’ from ‘BB-’. Fitch has taken the following rating actions on Newfield: –Issuer Default Rating (IDR) affirmed at ‘BB+’; –Senior unsecured affirmed at ‘BB+’; –Senior unsecured bank facility affirmed at ‘BB+’; –Senior subordinated notes upgraded to ‘BB’ from ‘BB-’. The Rating Outlook is Stable. The u
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Fitch Affirms Newfield’s IDR at ‘BB+’ and Upgrades Sr Sub Notes to ‘BB’; Outlook Stable
Company Profile for DealerTrack, Inc.
–(BUSINESS WIRE)–DealerTrack’s intuitive and high-value software solutions enhance efficiency and profitability for all major segments of the automotive retail industry, including dealers, lenders, OEMs, agents and aftermarket providers. Our solution set for dealers is the industry’s most comprehensive. DealerTrack operates the industry’s largest online credit application network, connecting approximately 17,000 dealers with over 850 lenders. Our Dealer Management System (DMS) provides dealers
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Company Profile for DealerTrack, Inc.
EpiCept Announces Fulfillment of Ceplene’s Third European Post-Approval Commitment
TARRYTOWN, N.Y.–(BUSINESS WIRE)–Regulatory News: EpiCept Corporation (Nasdaq and Nasdaq OMX Stockholm Exchange: EPCT) today provided an update on the post-approval commitments requested by the European Medicines Agency (EMA) as part of its marketing authorization for Ceplene® (histamine dihydrochloride). Ceplene is approved in the EU for remission maintenance and prevention of relapse in adults with Acute Myeloid Leukemia (AML) in first complete remission. The EMA has notified EpiCept that it
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EpiCept Announces Fulfillment of Ceplene’s Third European Post-Approval Commitment
AIG to Adhere to Original AIA Transaction Terms
NEW YORK–(BUSINESS WIRE)–American International Group, Inc. (AIG) today announced that, after careful consideration, the company will adhere to the original terms of its previously announced agreement with Prudential plc for Prudential to acquire AIG’s wholly owned pan-Asian life insurance subsidiary AIA Group Limited. The company will not consider revisions to those terms. AIG is a leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG c
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AIG to Adhere to Original AIA Transaction Terms
WIC UK Regulatory Announcement: Form 8.3 – Climate Exchange PLC
NEW YORK–(BUSINESS WIRE)–FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Identity of the person whose positions/dealings are being disclosed: Water Island Capital, LLC (b) Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient N/A (c) Name of offer
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WIC UK Regulatory Announcement: Form 8.3 – Climate Exchange PLC
Wi-Fi IC Shipments Forecast to Surpass 770 Million Units in 2010, Says ABI Research
SINGAPORE–(BUSINESS WIRE)–Global shipments of Wi-Fi ICs have experienced an extraordinary growth in recent years, due to the increasing demands for wireless-enabled devices and enterprise level applications. Wi-Fi IC shipments are forecast to surpass 770 million units in 2010, up almost 33% compared to 2009. Shipment of 802.11n ICs will surge ahead of 802.11g and dominate the market this year, accounting for approximately 60% of total Wi-Fi IC shipments. Growth engine “The 802.11n standard whi
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Wi-Fi IC Shipments Forecast to Surpass 770 Million Units in 2010, Says ABI Research
Fitch Rates $492MM Junior Obligation Build Illinois Bonds ‘AA+’
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has assigned an ‘AA+’ rating to the following: –approximately $492 million State of Illinois Build Illinois (sales tax revenue Bonds) junior obligation series of June 2010. The bonds are expected to be sold by negotiation June 16, 2010. The rating on approximately $2.5 billion of outstanding State of Illinois Build Illinois bonds (sales tax revenue bonds) is affirmed. The Outlook is Stable. RATING RATIONALE: –Build Illinois bonds have a statutory first
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Fitch Rates $492MM Junior Obligation Build Illinois Bonds ‘AA+’
Fitch Affirms Banco del Bajio at ‘BB+’; Outlook Stable
MONTERREY, Mexico–(BUSINESS WIRE)–Fitch Ratings has affirmed Mexico’s Banco del Bajio’s (Bajio) ratings as follows: Bajio: –Long-term Issuer Default Rating (IDR) at ‘BB+’; –Short-term IDR at ‘B’; –Long-term local currency IDR at ‘BB+’; –Short-term local currency IDR at ‘B’; –Individual rating at ‘C/D’; –Support at ’5′; –Support Rating Floor at ‘NF’; –National-scale long-term rating at ‘A+(mex)’; –National-scale short-term rating at ‘F1(mex)’. The Rating Outlook is Stable, including fo
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Fitch Affirms Banco del Bajio at ‘BB+’; Outlook Stable
EMRISE Corporation Announces Receipt of NYSE Arca Non-Compliance Letter
EATONTOWN, N.J.–(BUSINESS WIRE)–EMRISE CORPORATION (NYSE Arca:ERI) today announced that on May 24, 2010, EMRISE Corporation (the “Company”) received notice from the staff of the NYSE Arca, Inc. (the “NYSE Arca”) that it was no longer in compliance with the minimum total net tangible assets and net worth amounts required for continued listing on the NYSE Arca under NYSE Arca Equities Rule 5.5(h)(3) (the “Notice”). We no longer comply with such continued listing requirements because we had total
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EMRISE Corporation Announces Receipt of NYSE Arca Non-Compliance Letter
GLOBALFOUNDRIES Expands Worldwide Manufacturing Capacity
TAIPEI, Taiwan–(BUSINESS WIRE)–GLOBALFOUNDRIES plans to expand its 300mm semiconductor manufacturing operations, with new projects at Fab 1 in Dresden and Fab 8 in NY designed to allow additional 45/40/28/22/20nm capacity.
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GLOBALFOUNDRIES Expands Worldwide Manufacturing Capacity
