WTF MARKET?!?

TEXT-S&P puts FortisAlberta ratings on watch negative

admin — Wed, 22 Feb 2012 20:01:08 +0000

Overview
— On Feb. 21, 2012, Fortis Inc. announced it entered into an agreement
to acquire all of the shares of CH Energy Group Inc. for about C$1.5 billion.
— We are placing our…

TEXT-S&P puts Fortis ratings on watch negative

admin — Wed, 22 Feb 2012 20:00:54 +0000

Overview
— On Feb. 21, 2012, Fortis Inc. announced it entered into an agreement
to acquire all of the shares of CH Energy Group Inc. for about C$1.5 billion.
— As a result, we are…

BUYOUTS-LBO borrowers rush to amend, extend loans

admin — Wed, 22 Feb 2012 20:00:41 +0000

NEW YORK, Feb 22 (Reuters-BUYOUTS) – Lower-rated borrowers
backed by private equity shops are seizing the opportunity to
amend and extend their debt facilities, while lenders are
willing to accept…

S&P fails to break key level

admin — Wed, 22 Feb 2012 20:00:24 +0000

NEW YORK (Reuters) – Stocks fell on Wednesday with the S&P 500 stalled near a 10-month-old high after weak data on Europe’s business activity raised concerns about a recession.

Wednesday 2/22 Insider Buying Report: CIZN, AVEO

admin — Wed, 22 Feb 2012 20:00:10 +0000

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy — they expect to make money. So let’s look at two noteworthy recent insider buys.