DETROIT— General Motors is recalling 221,558 Cadillac XTS and Chevrolet Impala sedans because the brake pads can stay partially engaged even when they're not needed, increasing the risk of a fire. The recall involves Cadillacs from the 2013-2015 model years and Impalas from the 2014 and 2015 model years.» Read More
Oct 3- Standard& Poor's Ratings Services today said it assigned its issue-level and recovery ratings to Progressive Waste Solutions Ltd.' s proposed refinancing in the amount of US $2.25 billion, comprising a US $1.75 billion revolver and US $500 million term loan B. We rate both the revolver and term loan' BBB-', with a recovery rating of' 2', indicating our expectation that lenders would receive substantial recovery in a default scenario.
Google was sued by Innovate/Protect Inc, which was acquired by Vringo. Vringo is seeking an award of at least $696 million from Google, financial website iStockAnalyst reported. In July, Vringo completed its merger with Innovate/Protect Inc- who had sued Google and AOL Inc, among others, for patent infringement.
NEW YORK, Oct 3- U.S. natural gas futures ended lower on Wednesday for the first time in seven sessions, hit by a slightly milder turn in the extended weather forecast and profit-taking ahead of Thursday's inventory report despite the still-cool outlook for next week.
Oct 3- Alta Mesa Holdings LP. Services Corp on Wednesday added $150 million of senior notes to an existing issue, said IFR, a Thomson Reuters service. Wells Fargo, Citigroup and Mitsubishi were the joint bookrunning managers for the sale.
WELLINGTON, Oct 4- The independent directors of New Zealand cooking and laundry ware Fisher and Paykel Appliances Ltd have recommended shareholders reject a takeover offer by cornerstone shareholder Haier Group because it undervalues the company.
WASHINGTON, Oct 3- Ads for President Barack Obama's reelection campaign dominated TV airwaves in key states in September, despite Republican challenger Mitt Romney's powerful "Super PAC" backers, according to an academic analysis released on Wednesday.
WHERE THE GRASS IS GREENER: Ranchers from Missouri to New Mexico have started cutting neighbors' fences, leaving gates open so their cattle can graze on greener pastures or even stealing hay as they contend with the worst drought in decades. IN THE WEEDS: It's not clear just how many grass thefts have happened since most aren't reported.
Oct 3- RBC Wealth Management, a division of the Royal Bank of Canada, has expanded its broker force in Colorado with a veteran team of advisers from Bank of America's Merrill Lynch.
Oct 3- Moody's assigns a Prime-3 rating to Wyndham Worldwide.
Oct 3- Argent Energy Trust:. *Deal for a purchase price of $132.5 million. *Says purchase price of $132.5 million.
NEW YORK-- Prices for energy and copper fell Wednesday following the latest signs that China's economy is slowing down. Copper, another commodity that is highly sensitive to changes in China's economy, fell 1.7 cents to $3.7840 a pound.
KUWAIT, Oct 3- Kuwait's central bank is cutting its discount rate by 50 basis points to 2 percent to help bolster the banking sector and support the economy, state news agency KUNA said late on Wednesday.
*Entered into the seventh amendment to credit agreement- SEC filing. *Amendment increases credit facility from $80 million to $125 million and. extends maturity date to October 1, 2017.
WILMINGTON, Del.-- A woman who gave birth to boxing promoter Butch Lewis' daughter after his death is seeking money from his estate. Louise Cummings had the baby in April, nine months after Lewis died at age 65. She wants the child declared a beneficiary of the estate and requested interim payments of $3,250 a month until the case is resolved.
WASHINGTON-- Former Secretary of State Henry Kissinger is sharply criticizing both U.S. presidential candidates for appealing to American suspicions of China in their campaigns. Kissinger said Wednesday the candidates have used "extremely deplorable" language, labeling China a cheat.
Montpelier Re Holdings Ltd., a provider of reinsurance and other specialty lines, said Wednesday that it priced its offering of $300 million of senior notes due 2022.. The Bermuda- based company said the notes, which are due Oct. 15, 2022, will have an interest rate of 4.7 percent per year and will be issued at 99.682 percent of par value.
Oct 3- Winthrop Realty Trust:. *Co's 50.2% owned jv got payment on $117.9 million c note in $798.0 million. *Got about $38.7 million for net investment in this loan which was acquired in.