Month: November 2011

International Paper Co. ( IP ) has priced a sale of $1.5 billion in debt to fund its previously announced acquisition of competitor Temple-Inland (TIN). International Paper will sell $900 million in senior notes due 2022 and $600 million in senior notes due 2041. […]

AstraZeneca ( AZN ) and Targacept, Inc. ( TRGT ) recently presented disappointing data on their phase III candidate, TC-5214. […]

Leading orthopedic medical devices company, Zimmer Holdings ( ZMH ) has decided to sell $550 million of senior notes through an underwritten public offering. The offer, consisting of $250 million of 1.40% notes due 2014 and $300 million of 3.375% notes due 2021, will close on November 10, 2011. […]

The Goldman Sachs Group Inc. ( GS ) has become the latest U.S. […]

Energy Transfer Partners L.P. ( ETP ) priced a public offering of 13,250,000 common units at $44.67 a piece, with a 30-day over-allotment option for an additional 1,987,500 units. The natural gas and propane gas master limited partnership (MLP) plans to use the net proceeds from this offering to pay back outstanding debt under its revolving credit facility, to finance capital expenditures associated with pipeline construction projects and for general partnership purposes. […]

Yesterday, DaVita Inc. ( DVA ) announced the acquisition of ExtraCorp AG by its wholly-owned subsidiary DV Care GmbH. ExtraCorp is a German company that owns and operates two dialysis centers in Salzgitter and Seesen and manages two other dialysis centers in Dresden and Freital. […]

United Parcel Services ( UPS ) has announced its plan to hire approximately 55,000 seasonal workers including 1,000 in the Phoenix region, anticipating a demand surge during the holiday season. The company is gearing up for a demand peak during Christmas and New Years, estimating around 120 million packages as opposed to 113 million delivered last year. On average, UPS strikes business of approximately 15 million package deliveries daily, but expects this to go up to 25 million in the week of Christmas. […]

AutoTrader.com, a consumer information website and one-stop shop for new and pre-owned cars, has opted for International Business Machines Corp. ’s ( IBM ) Smarter Commerce, which help companies to buy, promote, sell and service their products and services through new business processes by taking customers’ considerations into account. […]