Month: August 2011

Yesterday, American International Group Inc. ( AIG ) paid $2.15 billion to the U.S. […]

On Wednesday, Northern Trust Corporation ( NTRS ) announced that it has priced its $500 million total principal amount of unsecured senior notes due in 2021. Northern Trust sold the notes worth $500 million at a coupon rate of 3.375% and an issue price of $99.563. The notes will mature on August 23, 2021, yielding 3.427% with spread of 125 basis points higher than Treasuries. […]

Leading medical devices company Medtronic ( MDT ) is expected to report its first quarter fiscal 2012 results before the market opens on Tuesday, August 23, 2011. The company is expected to earn an EPS of 79 cents on revenues of $3.991 billion during the quarter according to the Zacks Consensus Estimate. […]

Valero Energy Corp. ( VLO ) is in the process of restarting units in the Memphis, Tennessee refinery, which abandoned operations earlier this month due to a fire in one of the crude distillation units. The refinery, with a capacity of 180,000 barrel per day (bpd), will resume with its gasoline producing fluidic catalytic cracker […]

DuPont Titanium Technologies, a subsidiary of EI DuPont de Nemours & Co . ( DD ), announced net price increase of $500 per metric ton for all DuPont Ti-Pure titanium dioxide grades (TiO2) sold in Asia Pacific, effective October 1, 2011. […]