Energy Future Holdings planned to make coupon payments worth USD 270 million to creditors as a possible bankruptcy loomed.
Regions
Nine Entertainment plans AUD 600 million Australian IPO- source
Nine Entertainment would raise AUD 600 million for its IPO in Australia, a source said. A source told Reuters that Nine Entertainment Co would be going public.
Energy Future Holdings to drop interest payment on Friday
EHF to make million dollar interest payment on Friday in hopes of restructuring. On Friday, Energy Future Holdings (EFH) plans to make a USD270 million interest payment.
Merger settlement considered between US Airways and American Airlines
A billion dollar merger has been settled between US Airways Group and American Airlines In the hopes of winning regulator approval of the USD11 billion merger, US Airways Group and American Airlines considered to give up landing and take-off slots at the Washington Ronald Reagan National Airport.
Canada approves ConocoPhillips exploratory drilling in the Far North
ConocoPhillips's request of exploratory drilling is approved by Canada's NEB On Wednesday, Canada's National Energy Board approved ConocoPhillips's request.
Latest News
Black customers protested at Barneys New York Inc after being detained by staff. On Wednesday, a group of protestors had gathered at Barneys New York Inc.
Tara Poseley of Kmart hired as new chief product officer of Lululemon. An executive from Kmart, the leading US discount chain, has been hired to lead the global merchandise and design team at Lululemon Athletica Inc.
Essar Group planned to bid for water projects in India. The Essar Group said it intended to make bids for various water projects in India. Essar Concessions India Ltd Chief Executive Officer Neeraj Sanghi said they planned to bid for water distribution and sewage plants and desalination facilities.
ICE postponed date of NYSE purchase. Futures Market Operator, IntercontinentalExchange, postponed the date for acquiring NYSE Euronext. NYSE claimed this would give more time for approval of the transaction by European regulators At this point, European regulators have not raised any substantive issues among NYSE and ICE.
An Australian regulator approved the bid of AUD 407 million of Bega Cheese Ltd for the acquisition of Warrnambool Cheese & Butter Factory Co.
Essent Group raised USD 335 million for its initial public offering in the US. Mortgage insurance firm Essent Group Ltd was able to gather USD 335 million in its initial public offering.
McDonald's and Kraft to sell packaged McCafe-branded coffees in 2014. McDonald's Corp and Kraft Foods Group Inc agreed to sell packages of McCafe-branded coffees at retail locations and grocery stores across the US in 2014.
Richard Usher put on leave, Citi's chief Roham Ramchandani follows. Richard Usher, the chief currency dealer in JP Morgan in London, has been put on leave.
Bitcoin users lined up as the first bitcoin ATM opened for business in Canada. The world's first bitcoin ATM opened for business in Canada on Tuesday.
