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AES CORP: Inks Pact Selling Interests in Power Plant & Coal Mine
The AES Corporation has entered into an agreement to sell its interests in the AES Ekibastuz power plant and Maikuben West coal mine in Kazakhstan to Kazakhmys PLC, Kazakhstan's largest producer of copper and one of the leading copper producers in the...
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CHRYSLER LLC: Inks Interim Pact w/ Chrysler; Operations Continue
Chrysler LLC and Plastech Engineered Products Inc. and its debtor- affiliates have reached an agreement that ends the idling of Chrysler plants as a result of a dispute, Terry Kosdrosky of the Wall Street Journal reports...
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CONTINENTAL AIR: Credit Suisse Maintains Firm's Outperform Rating
Credit Suisse analysts have kept their "outperform" rating on Continental Airlines Inc's shares, Newratings.com reports...
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DAWN FOODS: Files for Reorganization in Buenos Aires Court
Dawn Foods Internacional S.R.L. has requested for reorganization approval after failing to pay its liabilities...
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DORAL FINANCIAL: Declares Cash Dividend on Preferred Stocks
Doral Financial Corporation has declared regular monthly cash dividends on its:...
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ECOPETROL: To Drill First Cano Sur Well with Royal Dutch Shell
Colombian state-owned oil firm Ecopetrol will drill ts first well in the Cano Sur block with the Royal Dutch Shell in 10 days, Business News Americas reports, citing a project official...
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GMAC LLC: Moody's Drops Senior Unsecured Rating to B1 from Ba3
Moody's Investors Service has downgraded the senior unsecured rating of GMAC LLC to B1 from Ba3. Separately, the senior unsecured rating of Residential Capital LLC was downgraded to B2 from Ba3. The rating outlook for both firms is negative. The GMAC...
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SANTANDER RIO: Launches Series XLI Gabarino Securitization
Banco Santander Rio S.A. has launched its series XLI Garbarino financial securitization for up to ARS101 million, Business News Americas reports...
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