Author: Devin Weiss

On July 6, Manulife Financial (MFC) announced the issue of C$1 billion worth of notes. Manulife Financial Capital Trust II, a trust wholly-owned by The Manufacturers Life Insurance Company (MLI), will issue $1 billion of...

Vale SA (VALE), the world’s biggest iron-ore producer, yesterday announced its plans to offer two series of US$65.7 million convertible notes due in 2012 in the global capital markets through its wholly-owned subsidiary...

Royal Dutch Shell PLC (RDS.A) is progressing well on its agreement with the Iraqi Government for developing a domestic gas infrastructure in the southern part of the country. Yesterday, the Iraqi oil ministry mentioned that it...

Peabody Energy Australia signs coal haulage pact with Queensland Rail Peabody Energy Australia – a subsidiary of Peabody Energy Corp. (BTU) – recently entered into an 11-year coal haulage agreement with Queensland...

A reliable Taiwanese source has recently disclosed that Dell Inc. (DELL) could be fined up to $758,000, if appropriate authorities decide that the company committed some online pricing errors which violated the law of the land....

Sinopec–BASF JV Expansion Approved Earlier today, China ’s state-controlled petroleum refiner China Petroleum and Chemical Corporation – also known as Sinopec (SNP) – announced that the Chinese Government...

NTT DoCoMo (DCM), the largest wireless service provider in Japan, has decided to launch an innovative on-line money transfer service. Customers of DoCoMo’s i-mode mobile internet service using the 3G FOMA network will be...

Opaxio awaits EMEA approval by the end of 2009 There is some good news for Cell Therapeutics (CTIC) as the European Medicines Agency (EMEA) today agreed to an oral explanation in support of the Opaxio Marketing Authorization...

China Unicom devotes billions for network expansion in Shanghai China Unicom (CHU), the second-largest cellular operator in China, is reportedly investing RMB 20 billion ($2.93 billion) in Shanghai over the next three years to...

MCG Capital receives $18.7 million loan repayment On July 6, 2009, MCG Capital Corporation (MCGC), a solutions-focused commercial finance company, announced the receipt of $18.7 million first lien investment from Cervalis LLC....