GM debt issue revs Street talk

Article Abstract:

General Motors Corp. is planning a major debt offering that it hopes will raise US$13 billion for the car maker. The offering has Wall Street analysts wondering if other major US car makers will take advantage of low interest rates to ease their pension commitments.

General Motors Corp., GM, Automotive industry

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Global shares sink on bid news

Article Abstract:

Global Thermoelectric Inc. saw its share value fall by 29 Canadian cents after it accepted an acquisition bid from FuelCell Energy Inc. The bid is valued at 112 million Canadian dollars.

Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, FuelCell Energy Inc., ERC, Thermoelectric generators, Global Thermoelectric Inc.

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DBRS downgrades Ipsco securities

Article Abstract:

Ipsco Inc.'s preferred share ratings have been lowered by Dominion Bond Rating Service (DBRS). The company's unsecured debentures have also had their ratings lowered by DBRS.

Evaluation, Steel industry, Ipsco Inc.

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