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December 12, 2007 |
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* PARAGUAY: Inks Foundation Act; Launches Bank of the South The national leaders of Argentina, Bolivia, Brazil, Ecuador, Paraguay and Venezuela have launched Sunday the new Banco del Sur development bank, the Financial Times reports... Read More |
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COSAN SA: Closes Down Usina Santa Luiza & Agricola Aquidaban Cosan SA said in a statement that it, along with Sao Martinho and Santa Cruz, has shut down joint subsidiaries Usina Santa Luiza and Agricola Aquidaban... Read More |
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EL POLLO LOCO: Court Decision Prompts S&P's Negative CreditWatch Standard & Poor's Ratings Services has placed its ratings on the El Pollo Loco Inc., including the 'B-' corporate credit rating, on CreditWatch with negative implications... Read More |
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GALVANI SA: Trustee Verifies Proofs of Claim Until Feb. 27, 2008 Marcela Adriana Mazzoni, the court-appointed trustee for Galvani S.A.'s reorganization proceeding, verifies creditors' proofs of claim until Feb. 27, 2008... Read More |
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GOL LINHAS: Pares Profit Forecast Due to Airport Delays Gol Linhas Aereas Inteligentes SA has cut down for the sixth time this year its profit forecast due to delays in the Congonhas airport, Bloomberg News reports. The company has also lowered profit expectation in November for the same reason... Read More |
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GRUPO GIGANTE: Selling 206 Stores to Organizacion Soriana Grupo Gigante would sell its 199 Mexican stores and seven Los Angeles units to Mexican retailer Organizacion Soriana SAB, The Associated Press reports, citing Organizacion Soriana... Read More |
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MUSICLAND HOLDING: Extends Plan Effective Date Until Jan. 31 Musicland Holding Corp. and its debtor-affiliates, the Official Committee of Unsecured Creditors and the current members of the Informal Committee of Secured Trade Vendors agree that the deadline set under the Debtors' Second Amended Plan of Liquidation... Read More |
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TECO ENERGY: Completes US$405-Million Sale of TECO Transport TECO Energy has closed the sale of TECO Transport Corporation to an investment group led by an affiliate of Greenstreet Equity Partners L.P., for US$405 million, subject to the final adjustment of net working capital... Read More |
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Today's Top Stories have been selected from the Troubled Company Reporter - Latin America. To receive the Full TCR-LA please CLICK HERE.
