Highlights
A collection of news and information related to Restructuring and Recapitalization published by Tribune Company sources.
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Agency approves more power at Middletown plant
A state agency has approved plans to increase the power output at an existing electrical generation plant in Middletown. The Connecticut Siting Council has approved a joint venture between United Illuminating Co. and NRG Energy. The companies want to...Tags: Heating, Ventilating, and Air Conditioning, NRG Energy Incorporated, New Haven (New Haven, Connecticut), Middletown, Joint Ventures
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EU provides more details on giving states extra room on bank bailout plans
AP Business WriterBRUSSELS, Belgium (AP) — The EU's antitrust chief said Friday that member states would be given more room to support their ailing banks, an effort to increase lending as several European countries slide into recession. French and German officials...Tags: European Union
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Begging for billions: Facts and fictions as auto bailout unfolds
Bailouts, bankruptcies, bridge loans and budgets were all on the agenda Thursday as the Detroit Three asked for the biggest "B" of all—$34 billion in federal aid. There was a certain amount of bluster too. To help sort out the mess, here are...Tags: Bankruptcy, Toyota, Home Depot Incorporated, Health and Safety at Work, Apples
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Merck expects smaller adjusted profit due to restructuring, competition and slower sales
AP Business WriterTRENTON, N.J. (AP) — Drugmaker Merck & Co. on Thursday forecast lower profits and flat revenue in 2009 — far below Wall Street expectations — with management blaming the weak global economy, generic competition, slower sales of key...Tags: Medicine, Earnings Forecasts, Western Medicines, Pharmaceuticals, Money and Monetary Policy
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Electricite de France to lead investment of up to $50 billion in new type of nuclear reactors
AP Business WriterPARIS (AP) — Electricite de France SA said Thursday it will invest up to euro50 billion with its partners over the next 12 years to build next-generation nuclear plants in Europe, the United States and China. France's state-controlled nuclear power...Tags: Constellation Energy Group, Nuclear Power, Joint Ventures, Warren Buffett
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Sources: Petty Enterprises in merger talks
The Associated PressPetty Enterprises is in discussions to merge its storied franchise with Gillett Evernham Motorsports, The Associated Press has learned. Multiple people familiar with the talks told the AP on Thursday that the two teams were discussing a deal that would...Tags: Mergers, Acquisitions and Takeovers, Government, NASCAR, National Government, Motor Racing
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Auto Bailout Senate Hearing Wrap-Up
KickingTiresAfter sitting through nearly six hours of Senate hearings today about bailing out the Detroit 3, it???s time to reflect and recap. All of these items are in loose terms, and in no way can we go into the depth......Tags: Federal Reserve, Upper House, Utah, U.S. Department of Treasury, Mergers, Acquisitions and Takeovers
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Constellation to lay off more than 800 workers
Constellation Energy Group Inc. will lay off as much as 8 percent of its work force, or more than 800 people, mostly from the commodities trading division that propelled the company to the brink of bankruptcy this year and forced it into a proposed...Tags: Morningstar Incorporated, Stock Broking, Mergers, Acquisitions and Takeovers, Market and Exchange, Bankruptcy
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AutoblogGreen for 12.04.08
Autoblog.comFiled under: Hybrids/Alternative, GreenHere's an idea: prepay $10,000 for a plug-in hybrid. When would you get it? By 2012, at the latest, and in the process you'd be saving Detroit. That's the idea from CalCars anyway. Other news from the Electric... -
Dow finalizes K-Dow venture with Kuwait company
AP Energy WriterDow Chemical Co. and a company controlled by the Kuwait government said Monday they have finalized a joint venture agreement to form K-Dow Petrochemicals, which will market plastics and other related products. The deal first was announced last December....Tags: Natural Resources, Energy Resources, Petroleum Industry, Joint Ventures, Dow Chemical Company
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Two Hospitals Propose Merger; Rocky Hill Begins Single-Stream Recycling
The financially troubled UConn Health Center and Hartford Hospital are proposing a merger. Rocky Hill has converted to single-stream recycling, which means no more separating cardboard or tying up newspapers. Condo sales in West Hartford are holding...Tags: Injuries, Armed Forces, Eddie A. Perez, Farmington (Hartford, Connecticut), Trials
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That Constellation deal is far from done
Warren Buffett has agreed to pay $4.7 billion for Baltimore's Constellation Energy Group. He'll have to put up much more if he really wants it. To Constellation shareholders? Sure, that's possible. But also to customers of Baltimore Gas & Electric,...Tags: Martin O'Malley, Mergers, Acquisitions and Takeovers, Unemployment, Government, Executive Branch
Dec 5, 2008
|Story| Associated Press
Dec 5, 2008
|Story| Associated Press
Dec 5, 2008
|Column| Chicago Tribune
Dec 4, 2008
|Story| Associated Press
Dec 4, 2008
|Story| Associated Press
Dec 4, 2008
|Story| Associated Press
Dec 4, 2008
|Blog| Cars.com
Dec 4, 2008
|Story| Baltimore Sun
Dec 4, 2008
|Blog| Autoblog.com
Dec 1, 2008
|Story| Associated Press
Nov 30, 2008
|Story| Hartford Courant
Nov 29, 2008
|Column| Baltimore Sun
