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What the Senate health-care deal would mean for consumers

15 hours ago ago from Washington Post - Politics

While confusion reigned on Capitol Hill on Wednesday over the prospects and details of a Senate deal to replace a government-run insurance plan with other measures, it is not too soon to ask what the proposal would mean for regular people. This Story This Story The short answer -- subject to Senate revisions -- is that those without employer-provided insurance would have more options for ...

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Kensey Nash plans buyback of up to 400,000 shares

4 hours ago ago from PopEater

EXTON, Pa. -Kensey Nash Corp. said Thursday that it plans to buy back up to 400,000 shares of its outstanding stock. The medical technology company plans to finance the repurchases with cash on hand. Kensey Nash had about 11 million outstanding shares as of Nov. 30. The company's stock gained 7 cents to $22.92 in morning trading.

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Universal Travel plans offering of 2.2M shares

4 hours ago ago from PopEater

NEW YORK -Chinese travel services provider Universal Travel Group said Thursday that it plans raise about $20 million in gross proceeds from a direct offering of approximately 2.2 million shares of its common stock. The stock will be priced at $9 per share. Universal Travel said it will use the offering's net proceeds for acquisitions and working capital purposes. The offering is targeted to close on Tuesday. Shares of Universal Travel Group ...

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Cascades Prices Offering of US$250 Million of Senior Notes

23 hours ago ago from Good News Now

KINGSEY FALLS, QC , Dec. 9 /PRNewswire-FirstCall/ - Cascades Inc. (CAS on the Toronto Stock Exchange) announced today that it has priced its private placement of US$250 million aggregate principal amount of 7.875% senior notes due 2020 (the "Notes"). The Notes will be issued at a price of 98.293% of their principal amount. The Company intends to use the gross proceeds from the offering of the Notes to pay fees and expenses of the offering and ...

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SandRidge Energy, Inc. Announces Pricing of $450 Million Offering of Senior Notes

22 hours ago ago from Good News Now

OKLAHOMA CITY, Dec. 9 /PRNewswire-FirstCall/ -- SandRidge Energy, Inc. (NYSE: SD) today announced the pricing of its private placement of $450 million of 8 3/4% Senior Notes due January 15, 2020. The offering was increased from a previously announced offering size of $400 million. The notes were priced at 98.349% of par, resulting in a yield to maturity of 9.00%. The offering is expected to settle on December 16, 2009. The closing is subject ...

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