Solutia Gets Pledge to Extend and Upsize DIP Finan
St. Louis, February 24, 2006--Solutia Inc., today announced it has received a fully underwritten commitment for $825 million of debtor-in-possession (DIP) financing, maturing March 31, 2007.
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St. Louis, February 24, 2006--Solutia Inc., today announced it has received a fully underwritten commitment for $825 million of debtor-in-possession (DIP) financing, maturing March 31, 2007.
Atlanta, GA, February 24, 2006--Home Depot said its board authorized the repurchase of an additional $1 billion worth of outstanding shares, bringing the total buyback authorization to $12 billion.
Washington, DC, February 24, 2006--Durable goods orders dropped 10.2% in January as aircraft orders dried up after three months of strength, the Commerce Department reported Friday.
New York, NY, February 24, 2006--The Conference Board Help-Wanted Advertising Index – a key measure of job offerings in major newspapers across America – dipped one point in January.
New York, NY, February 23, 2006—According to to the latest findings of the Monster Local Employment Index, online job availability increased or held steady in more than half of the top 28 U.S. metropolitan areas in January.
Providence, RI, February 23, 2006--Sherwin-Williams stock fell as much as 22% Wednesday on reports that a verdict from a Rhode Island jury could cost the nation's biggest paint maker millions.
Ishpeming, MI, February 23, 2006--The Robbins Flooring mill in Ishpeming has been severely downsized.
Washington, DC, February 23, 2006--The National Association of Realtors launched a new leading indicator for the commercial real estate market today that shows an increase in commercial brokerage activity can be expected over the next six to nine months.
Hoffman Estates, IL, February 23, 2006--Sears Essentials stores will become Sears Grand as part of a retooling of the retailer's midsize store format, Sears Holdings Corp., said Wednesday.
Toronto, Ontario, February 23, 2006--Sears Canada Inc., urged its shareholders to reject the C$835.4 million ($726.4 million) buyout offer from U.S. parent Sears Holdings Corp., as inadequate.