Aircraft interior maker B/E Aerospace Inc. says its second-quarter profit set a record partly on demand for business jet cabin products, sending shares up 12 percent in early Tuesday trading.
MUMBAI (Thomson Financial) - Fitch Ratings said it downgraded Finland-based Stora Enso Oyj's issuer default and senior unsecured ratings to 'BB+'/'B' from 'BBB-'/'F3' signalling the possibility of further downgrade citing deterioration in its operating performance and cash-flow generation in the six months to June amid growing structural challenges within the paper and pulp sector.
MUMBAI (Thomson Financial) - Fitch Ratings said it lowered Chrysler Llc.'s issuer default rating to 'CCC' from 'B-' reflecting the company's restricted access to economic retail financing for its vehicles, which is expected to result in a further step-down in retail volumes.
B/E Aerospace, Inc. (Nasdaq:BEAV), the world's leading manufacturer of aircraft cabin interior products and the leading aftermarket distributor of aerospace fasteners, today announced financial results for the second quarter of 2008.
PARSIPPANY, N.J.----B&G Foods, Inc. , a manufacturer and distributor of high-quality, shelf-stable foods, today announced financial results for the thirteen weeks ended June 28, 2008 and the twenty-six weeks ended June 28, 2008 .
VANCOUVER - Catalyst Paper Corp. (TSX:CTL) has reported a second-quarter net loss of $124.3 million, including a $101-million charge on the closure of its pulp and linerboard operation in Elk Falls, B.C.
This transaction is a cash flow securitisation of a EUR300m static pool of first-ranking Spanish mortgage loans originated and serviced by Caixa d'Estalvis de Sabadell (Caixa Sabadell, rated 'A-' (A minus)/'F2'/Outlook Stable).
VANCOUVER - Teck Cominco Ltd. (TSX:TCK.B) has struck an agreement to acquire the Fording Canadian Coal Trust (TSX:FDG.UN) for US$12.4 billion in cash plus shares worth about C$1.5 billion.
VANCOUVER ††Catalyst Paper Corp. has reported a second-quarter net loss of $124.3-million, including a $101-million charge on the closing of its pulp and linerboard operation in Elk Falls, B.C.
VANCOUVER–Teck Cominco Ltd. (TSX: TCK.B ) has struck an agreement to acquire the Fording Canadian Coal Trust (TSX: FDG.UN ) for $12.4 billion (U.S.) in cash plus shares worth about $1.5 billion (Canadian).
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