Archive for September, 2007

The Manitowoc Company to Present at Deutsche Bank Leveraged Finance Conference »

MANITOWOC, Wis., — /PRNewswire-FirstCall/ — The Manitowoc Company, Inc. today announced that it will participate in the 15th Annual Deutsche Bank Leveraged Finance Conference, which will be held at The Phoenician Hotel in Scottsdale, Arizona, October 2 through October 4, 2007. Carl Laurino, senior vice president and chief financial officer, and Steve Khail, director of [...]

OMNOVA Solutions to Webcast Presentation to Deutsche Bank Fifteenth Annual Leveraged Finance Conference »

FAIRLAWN, Ohio, — /PRNewswire-FirstCall/ — OMNOVA Solutions will make a presentation to analysts and portfolio managers at the Fifteenth Annual Leveraged Finance Conference in Scottsdale, Arizona, hosted by Deutsche Bank Securities. Kevin McMullen, OMNOVA Solutions Chairman and CEO, will address the conference on Wednesday, October 3, 2007, beginning at 8:35am PT (11:35am ET). The presentation [...]

Tenneco to Webcast Presentation at the Deutsche Bank Leveraged Finance Conference »

LAKE FOREST, Ill., — /PRNewswire-FirstCall/ — Tenneco will participate in the Deutsche Bank Leveraged Finance Conference to be held in Scottsdale, Arizona, on Thursday, October 4, 2007. Tenneco’s Chairman, and Chief Executive Officer, Gregg Sherrill, will present at 8:35 a.m. PT.
(Logo: http://www.newscom.com/cgi-bin/prnh/20051028/CGF002LOGO)
Tenneco’s presentation will be audio webcast and can be accessed by going to the [...]

Meritage Homes to Present At Deutsche Bank Leveraged Finance Conference »

SCOTTSDALE, Ariz., — (PRIME NEWSWIRE) — Meritage Homes Corporation (NYSE:MTH) is scheduled to present at the Deutsche Bank 2007 Leveraged Finance Conference on October 4, 2007. Chairman and Chief Executive Officer Steven J. Hilton, with Chief Financial Officer Larry W. Seay, will be speaking to a group at The Phoenician in Scottsdale, Arizona at 10:35 [...]

ArvinMeritor to Present at Deutsche Bank Leveraged Finance Conference »

TROY, Mich., — /PRNewswire-FirstCall/ — ArvinMeritor, Inc. , a tier-one supplier to the global motor vehicle industry, today announced that Mary Lehmann, senior vice president, Strategic Initiatives, and Treasurer, will participate in the Deutsche Bank Leveraged Finance Conference on Wednesday, October 3, at The Phoenician in Scottsdale, Ariz.
A live Web cast of the company’s presentation [...]

Meritage Homes Announces Completion of Credit Facility Amendment »

SCOTTSDALE, Ariz., — (PRIME NEWSWIRE) — Meritage Homes Corporation (NYSE:MTH) announced the successful completion yesterday of an amendment to its revolving credit agreement with Guaranty Bank and various other financial institutions. The amendment allows for a reduction in the minimum interest coverage ratio from 2.0 to 1.0 for a reduction period of up to nine [...]

Bloomberg LP the target of many lawsuits »

The three women at the center of a lawsuit filed by the federal government against Bloomberg LP are not the first to accuse the financial information company founded by Mayor Michael Bloomberg of discrimination.
A separate suit was recently filed in Manhattan federal court by another woman who said she also experienced discrimination based on her [...]

UAW wins job security pledges in GM deal »

Local union leaders on Friday endorsed a tentative agreement between General Motors Corp. and the United Auto Workers that requires GM to pay out at least $35 billion for retiree health care, establishes lower wages for thousands of new employees and offers an unprecedented number of promises for future work at U.S. plants, according to [...]

A storied industry falls on hard times »

DIBRUGAR, India - He’s a genteel man, with a sprawling plantation house, courtly manners and an estate of carefully trimmed tea bushes that stretches across the gentle hills of Assam, blanketing the land as far as you can see.
Manoj Jalan, a fifth-generation planter with a 5,000-acre estate, summed up his situation simply: “This is a [...]

Signs of hope for big leverage buyouts »

In a time of collapsing mega-deals, a few well-structured buyouts with sound companies can still get done. Deals to take 3Com Corp. and Avaya Inc. private that made news on Friday show that major private-equity transactions are squeaking through these days, making a lie of the recent refrain that deal making is dead.
Wounded, yes. Dead, [...]