--ContourGlobal Power Holdings S.A. is issuing a $350 million senior secured term loan with a five-year term. The loan is supported by a guarantee from ContourGlobal L.P., the parent.
To get an idea of the companies that are holding the most cash, the CNBC analytics team looked at cash and short term investments held by S&P 500 companies. Here's the list.
Take a look at some of Tuesday morning's early movers:
Utility, material and industrial companies led the gains in the Standard & Poor's 500 Wednesday, after the Federal Reserve announced it will keep interest rates near zero in the long-term.
October is known as the jinx month because of crashes in 1929, 1987, Friday the 13th in 1989 and the financial meltdown in 2008. Yet, according to the Stock Trader's Almanac, October is a "bear killer" and turned the tide in 11 post World War II bear markets.
The S&P 500 is expected to post earnings growth of 14.23 percent for the third quarter of 2011, according to S&P Capital IQ Consensus Earnings Report.
With data from Capital IQ, CNBC.com compiled a list of 21 firms in the S&P 500 that are rated BB- (junk) or below.
Even when renewable energy is relatively cheap to produce, current costs to store huge amounts of solar and wind power can be two or three times the value for utilities supplying electricity.
What follows is a roundup of corporate earnings reports for Monday, May 9.
The technical charts still look “relatively positive” and we have “quite a ways to go” in the long-term, according to Robert Sluymer, technical strategist at RBC Capital Markets, and John Wilson, chief technical strategist at Morgan Keegan.
Stocks closed sharply higher in a rally sparked by strength in tech and manufacturing, although bank stocks weakened after Wells Fargo reported a slide in revenue.
Stocks got closer to their highs of the year as the broad market turned positive for the month and was on track to post the best quarter of the year, although volumes remained thin amid geopolitical uncertainty. AT&T and Merck led Dow components higher, while Cisco slipped.
Stocks put in another strong showing on Wednesday as investors seemed to put aside concerns over geopolitical fears to send stocks higher, although volumes remain thin. AT&T and Exxon led the Dow higher.
Cramer makes the call on viewers' favorite stocks.
Stock index futures rose ahead of the open Monday despite news consumer spending rose at a slower pace than income growth last month.
A long position in AES Corp looked like a hot trade but all it did was burn Guy Adami. So how is he playing the stock now?
Options trader "DRJ" said these stocks are moving on mergers and acquisitions possibilities.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
While investors favor mutual funds with four-or five-star ratings, there may be hidden gems in some of the lower-rated funds. “Just because a fund’s been underperforming doesn’t mean it’s not worth owning,’’ says one pro.
The United States military has found a new menace hiding here in the vast emptiness of the Mojave Desert in California: wind turbines. The NYT reports.