The Mosaic Co. (NYSE: MOS) has just received an Investment Grade rating from independent ratings agency Standard & Poor’s Ratings Services. The bond rating service has raised its corporate credit rating on to ‘BBB-‘…
Intel Corporation (NASDAQ: INTC) has issued a response to the issuance of a subpoena from the Federal Trade Commission in the US. The processor and chip giant noted that it was served a subpoena…
Intel (INTC) is already the target of several antitrust actions. Now the FTC wants on the wagon. According to The New York Times "The investigation into accusations that Intel’s pricing policies have been designed…
This week was pretty light in the week of share repurchase announcements, and most of these were mere add-on buybacks to existing plans. Here are some of the plan additions announced this week: T.…
Oil on last look was up huge at $134.36 per barrel, up $6.58 from yesterday’s gains in what is one of the larger two-day moves in recent trading. Israel’s transportation minister said that if…
OGE Energy Corp. (NYSE: OGE) has filed with the SEC for its Oklahoma Gas and Electric unit to sell up to $700 million in senior notes. The filing says the company may offer from…
BGC Partners, Inc. (NASDAQ: BGCP) priced its public secondary offering of 820 million shares at $8.00 per share. According to the company, 10,000,000 of these are primary shares, 3,926,178 of which are secondary shares…
The next newspaper company to get into real trouble is likely to be Gatehouse Media (GHS). The firm is in bad enough shape that it could be the next Journal Register. JRC, as it…
Trina Solar Limited (NYSE: TSL) has just posted its quarterly earnings report. The solar player posted net revenues increased to $120.7 million, up 183.6% year-over-year and 19.0% sequentially; while net income was $12.9 million…
A company called Acclarent, Inc. has filed to come public via an IPO of up to $86.25 million in common stock. The company hasn’t selected an exchange or ticker, but noted that it will…
PrivateBancorp, Inc. (NASDAQ: PVTB) has announced that it increased the size of its secondary offering to a proposed 4 million shares and it priced the secondary offering at $34.00 per share. As far as…
These are ten of the analyst calls we are focusing on this Friday morning: Best Buy (NYSE: BBY) Cut to Hold from Buy at Deutsche Bank. Calamos Asset Management (NASDAQ: CLMS) Cut to Underperform…
UBS has downgraded the US communications towers sector this morning, in a similar move seen just two days ago from RBC Capital. The firm has downgraded Crown Castle (NYSE: CCI) and American Tower (NYSE:…
There was nothing wrong with relying heavily on pick-ups and SUVs for the bulk of GM’s (GM) sales. That is what CEO Rick Wagoner told the FT. The fact that "light trucks made up…
The bankers in Europe are bigger suckers than the bankers in the US. At least that is what the FT claims. It says "Of the $387bn in credit losses that global banks have reported…