July 19, 2007  
EAST VALLEY: Moody's Rates $290 Million Senior Secured Notes at B1
Moody's Investors Service assigned a B1 (LGD-4, 56%) rating to the 
East Valley Tourist Development Authority's $290 million senior 
secured notes.  The Authority is an instrumentality of the Cabazon 
Band of Mission Indians, a federally recognized Indian...
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COMPUCOM SYSTEMS: S&P Affirms B+ Rating and Removes CreditWatch
Standard & Poor's Ratings Services affirmed its 'B+' corporate 
credit rating on Dallas, Texas-based CompuCom Systems Inc., and 
removed it from CreditWatch where it was placed July 6, 2007.  The 
outlook is stable.  At the same time, S&P assigned a 'BB'...
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PLAINS EXPLORATION: To Acquire Pogo Producing for $3.6 Billion
Plains Exploration & Production Company has entered into a 
definitive agreement with Pogo Producing Company, in connection 
with the company acquiring Pogo in a stock and cash transaction 
valued at approximately $3.6 billion, based on PXP's closing...
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FORD MOTOR: Tata Motors Eyes Jaguar & Land Rover
Indian carmaker Tata Motors is in the early stages of evaluating a 
bid for Jaguar and Land Rover, which, if successful, could 
potentially be one of India's biggest overseas takeover deals, The 
Daily Telegraph relates...
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CRUM & FORSTER: Moody's Reviews Ba3 Senior Unsecured Debt Rating
Moody's Investor Service placed the Ba3 senior unsecured debt 
rating of Crum & Forster Holdings Corp. and the Baa3 insurance 
financial strength ratings of its main operating companies, United 
States Fire Insurance Company and The North River Insurance...
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HANCOCK FABRICS: Court Extends Lease Rejection Deadline to Oct. 17
The United States Bankruptcy Court for the District of Delaware 
has granted the request of Hancock Fabrics Inc. and its debtor-
affiliates for the extension of the deadline by which the Debtors 
must assume or reject non-residential real property leases...
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PALM INC: Moody's Assigns Corporate Family Rating at B1
Moody's Investors Service assigned a B1 corporate family rating to 
Palm, Inc. and Ba3 ratings to $40 million senior secured revolving 
credit facility due 2012 and $400 million senior secured first 
lien term loan due 2014....
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MCKESSON CORP: Inks Definitive Agreement to Acquire Awarix
McKesson Corporation has signed a definitive agreement to acquire 
Awarix Inc.  The acquisition is expected to close by the end of 
July 2007, subject to customary conditions....
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