Xerox Corporation (NYSE: XRX) closed today on a $2 billion offering of senior unsecured notes.
Of these notes, $1 billion will mature in February 2015 and bear interest at a fixed rate coupon of 4.25 percent; $650 million will mature in December 2019 at 5.625 percent; and $350 million will mature in December 2039 at 6.75 [...]

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RAM Holdings Ltd. (BSX:RAMR) (Pink Sheets:RAMR) (“RAM” or the “Company”) reported second quarter 2009 net loss available to common shareholders of $4.6 million, or net loss of $0.17 per diluted share. This compares to a net income of $126.3 million, or net income of $4.63 per diluted share, for the second quarter 2008.

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Phosphate Holdings, Inc. (OTC: PHOS), reported second quarter 2009 earnings of $0.1 million, or $0.01 per diluted share of common stock, compared to earnings of $35.0 million, or $4.32 per diluted share of common stock for the same period in 2008. Net losses for the six months ended June 30, 2009 were $11.5 million or [...]

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* Decrease in Net Loss Attributable to Shareholders in the Second Quarter of 2009 to $4.1 Million, Compared with $16.8 Million in Second Quarter of 2008 and $9.8 Million in First Quarter of 2009
* Decrease of Approximately 58% in Elron’s Non-Consolidated G&A Costs in the Second Quarter [...]

Continue reading " Elron Electronic Industries Announces Second Quarter 2009 Results and Signing of a Definitive Agreement for the Sale of Its Holding in Netvision "

First Business Bank (OTCBB: FBBN) and 1st Pacific Bancorp (NASDAQ: FPBN) announced that they have signed a definitive merger agreement under which 1st Pacific Bank of California, 1st Pacific Bancorp’s banking subsidiary, will merge with First Business Bank.

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OpenGate Capital, a global private equity firm, announced a definitive agreement to acquire Fleurus Presse and Junior Hebdo, the youth publications divisions of leading French media company Groupe Le Monde. This is the third industry transaction that the firm has completed since it established a specific initiative for pursuing media and entertainment deals less than [...]

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Micron Technology, Inc. (NYSE: MU) announced that it has signed an agreement to sell a majority interest in its imaging solutions business, Aptina Imaging Corporation, to Riverwood Capital and TPG Capital. As part of the agreement, Micron will retain a 35 percent minority stake in the independent, privately held company. Riverwood and TPG will also [...]

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Rio Tinto has received a request from the U.S. Federal Trade Commission (FTC) for additional information on the pending sale of its Jacobs Ranch coal mine to Arch Coal, Inc. The company will continue to work cooperatively with the FTC and respond expeditiously to this request. Completion of the transaction remains subject to the expiration [...]

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Unisys Corporation (NYSE:UIS) announced that Cathay Pacific has extended its license agreement with Unisys Australia for the Unisys Passenger Service System and Logistics Management System solutions through 2012.
The Passenger Service System suite of applications enable Cathay Pacific to generate flight schedules, display seat availability, manage flight inventory, record passenger bookings, and handle passenger check-in and [...]

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CH Energy Group, Inc. (NYSE: CHG) and GAMCO Asset Management Inc. (GAMCO) announced that they have entered into an agreement under which CH Energy Group will expand its Board of Directors to nine and appoint Edward T. Tokar to the newly created directorship for a term ending at the 2010 Annual Meeting of Shareholders. This [...]

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