JPMorgan
CHICAGO--(BUSINESS WIRE)-- Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) announced today that in connection with the Company's initial public offering the underwriters have exercised in full their option to purchase 5,700,000 shares of Class A common stock from the Company at the initial public offering price of $25.00 per share. Hyatt expects to receive net proceeds of approximately $127.3 million from the sale of the shares, after deducting ...
NEW YORK, NEW YORK -- (MARKET WIRE) -- 11/06/09 -- Crystal River Capital, Inc. ("Crystal River" or the "Company") (OTCBB: CYRV) today announced its results for the quarter ended September 30, 2009. For additional information, please refer to Crystal River's letter to stockholders, which has been posted to the Investor Relations section of the Company's website at www.crystalriverreit.com. I. THIRD QUARTER UPDATE - Operating results: The net loss for the quarter ended September 30, 2009 totaled $55.3 million, or $2.19 per share, compared to a net loss of $56.7 million, or $2.28 per share, for the third quarter of 2008 and a net loss of $6.5 million, or $0.26 per share, for the second quarter of 2009. The increase in the net loss from the second quarter was primarily attributable to an increase in other-than-temporary impairments on available-for-sale securities and realized and unrealized loss on derivatives in the third quarter. - Liquidity and ...
CLEVELAND--(BUSINESS WIRE)-- Ferro Corporation (NYSE: FOE) announced today that it has closed on its previously announced common stock offering. The total number of shares sold was 41,112,500, including 5,362,500 shares issued in connection with the exercise of the underwriters' over-allotment option to purchase additional shares. Ferro intends to use up to $50 million of the net proceeds from the offering to pay the costs associated with its restructuring programs and strategic initiatives. Ferro will use the remaining net proceeds to reduce borrowings under its credit facility and pay fees and expenses in ...
PEORIA, Ill., Nov. 6 /PRNewswire-FirstCall/ -- CILCORP Inc. ("CILCORP"), a wholly owned subsidiary of Ameren Corporation (NYSE: AEE), announced today that it has commenced a cash tender offer (the "tender offer") for any and all of its outstanding 9.375% senior bonds due 2029 (CUSIP No. 171794 AF7) (the "bonds"). Currently $210,565,000 aggregate principal amount of bonds are outstanding. Concurrently with the tender offer, CILCORP is soliciting consents (the "consent solicitation") from the holders of the bonds to certain proposed amendments (the "proposed amendments") to the indenture governing the bonds (the "indenture"). The proposed amendments would eliminate certain restrictive covenants in the indenture and the bonds. The complete terms and conditions of the tender offer and the consent solicitation are set forth in an offer to purchase and consent solicitation statement dated November 6, 2009 ("offer to purchase") and the related letter of transmittal and consent. The following is a brief summary of ...
UPGRADES:
Oppenheimer upgraded General Electric (NYSE: GE) today from Perform to Outperform and raised their price target from $17 to $18. Sandford C. Bernstein also upgraded General Electric from Market Perform to Outperform and raised their price target from $18 to $19. Investors are reacting positively to the two upgrades of General Electric (NYSE: GE) today.
Piper Jaffray upgrades CBS Corporation ...
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Morning Movers 11/06: ACLS, CVM, ZIOP, LPSN, CABL, ZGEN Higher; NHWK, GOK, CROX, CVI, RAIL, CSTR Lower
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J.P. Morgan Upgrades TASER Int'l (TASR) to Overweight
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Bank of America, Societe Generale & J.P. Morgan Upgrade Delhaize Group (DEG)
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IBM Announces Debt Exchange Offers
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Timothy Ryder Joins RW Smith as Midwest Regional Director
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JPMorgan Upgrades Macy's (M) to Overweight Following Strong Monthly Comps
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Mellanox to Present at Upcoming Investor Conferences
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China Recycling Energy Corp. Names Three Additional Independent Board Members Including Chairs of Audit Committee, Nominating Committee and Compensation Committee
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LogMeIn (LOGM) Files 3M Common Share Offering; Won't Receive Proceeds on 2.9M Shares
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LogMeIn Files Registration Statement for Proposed Public Offering
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Atlas Energy, Inc. Reports Operating and Financial Results for the Third Quarter 2009
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Universal Orlando Announces Receipt of Requisite Consents in Its Previously Announced Tender Offer and Consent Solicitation for 11 3/4% Senior Notes Due 2010
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Universal City Florida Holding Co. I and II Announce Receipt of Requisite Consents in its Previously Announced Tender Offer and Consent Solicitation for 8 3/8% Senior Notes due 2010 and Floating Rate
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Service Corporation International Announces Pricing of Senior Notes Offering
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Points International Reports Third Quarter 2009 Financial Results
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Concho Resources Inc. Reports Third Quarter 2009 Financial and Operating Results and Provides 2010 Capital Budget Detail and Guidance
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Neenah Paper Renews Credit Facility Through 2013
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CBS Corporation Secures New $2 Billion Revolving Credit Facility
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CREW Asks for Investigation into Why Wall Street Is Getting H1N1 Vaccine Ahead of Those Who Most Need It
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Fitch Rates St Elizabeth Medical Center (KY) 2009 Bonds 'AA-' & Upgrades Outstanding; Outlook Stable
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Bulova Technologies Group, Inc Announces John M. Devlin, Jr. to Join Board of Directors
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Starwood Announces Cash Tender Offer for Outstanding Notes
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JPMorgan Ups Price Target on Ford (F) to $10
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Guardium and The Herjavec Group Co-Host Executive Seminar on Best Practices for Data Security, Privacy & Compliance
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Hyatt Hotels (H) IPO Opens Strong
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IMS Health to be Acquired by TPG and CPP Investment Board
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Manulife Financial Corporation Reports Third Quarter Results
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Service Corporation International Announces Senior Notes Offering
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Crown Media Holdings Announces Operating Results for Third Quarter of 2009
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J.P. Morgan Downgrades Approach Resources (AREX) to Neutral
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Hyatt Hotels (H) IPO Prices at $25, The Middle of the Range
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ARIAD Reports Third Quarter 2009 Development Progress and Financial Results
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NorthStar Realty Finance Announces Third Quarter 2009 Results
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MF Global Reports Second Quarter 2010 Results
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Hyatt Hotels Corporation Prices Initial Public Offering
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Fitch Rates Maryland's Revolving Loan Fund Refunding Revenue Bonds 'AAA'
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Equifax Prices $275 Million Senior Notes Offering
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Penn Virginia Corporation Announces Third Quarter 2009 Results
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Clorox Announces Pricing of $300 Million Senior Notes
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Fitch: No Rating Actions Due to Interest Shortfalls in J.P. Morgan, Series 2007-LDP10
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J.P. Morgan Downgrades Avid Technology (AVID) to Neutral
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Notable Analyst Rating Changes 11/04: VIA, DRIV, JBHT, GD Upgraded; STEC, ENR, DLB Downgraded
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Zevotek Hires President of Ionic Bulb Business
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STEC Inc (STEC): Colour on quarter - Setting up for a bounce?
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J.P. Morgan & Susquehanna Initiate Coverage on Shanda Games (GAME)
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Clayton Williams Provides Operations Update
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J.P. Morgan Downgrades Dolby Labs (DLB) to Neutral
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Several Brokerage Firms Change Rating on Burlington Northern Sante Fe (BNI) Day After Warren Buffett Steps In
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Delphi Names New Board
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ELX Futures Connects with TNS
