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August 24, 2007 |
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LE-NATURE'S INC: Plant Sale in Jeopardy on Threat Allegations Le-Nature's Inc.'s planned sale of its Latrobe facility to Giant Eagle Inc. could be scrapped after allegations surfaced that Giant Eagle threatened another bidder, the Pittsburgh Business Times reports... Read More |
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COVENTRY HEALTH: Prices $400 Million Senior Unsecured Notes Coventry Health Care Inc. priced a $400 million offering of 6.3% coupon rate senior unsecured notes due 2014. The notes will rank equal in right of payment to all of Coventry's existing and future senior debt, including its existing 5.875% senior... Read More |
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GOODYEAR TIRE: Plans Growth Investments and Debt Repayment The Goodyear Tire & Rubber Company is planning major global investments to fuel growth and plans to repay additional debt, both made possible by the recent sale of its Engineered Products business and the company's successful equity offering... Read More |
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GREAT CIRCLE: Case Summary & 20 Largest Unsecured Creditors Lead Debtor: Great Circle Family Foods, LLC dba G.C.F.F. dba Krispy Kreme Doughnuts 717 State College Boulevard, No. I Fullerton, CA 92831... Read More |
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LEXINGTON RESOURCES: Posts $631,607 Net Loss in Second Quarter Lexington Resources Inc. reported a net loss of $631,607 on revenues of $202,404 for the second quarter ended June 30, 2007, compared with a net loss of $37,996 on revenues of $645,314 for the second quarter in 2006.... Read More |
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BAYONNE MEDICAL: Exclusive Plan-Filing Period Extended to Nov. 12 The Hon. Morris Stern of the U.S. Bankruptcy Court for the District of New Jersey extended Bayonne Medical Center's exclusive period to file a chapter 11 plan to Nov. 12, 2007. Judge Stern also gave the Debtor until Jan. 9, 2008, to solicit acceptances... Read More |
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ENERGY PARTNERS: Names Joseph Leary as Chief Financial Officer Phillip A. Gobe is retiring as President and Chief Operating Officer of Energy Partners, Ltd., effective Sept. 30, 2007. Mr. Gobe will continue to serve on EPL's Board of Directors. Richard A. Bachmann, EPL's Chairman and Chief Executive Officer,... Read More |
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CYBERONICS INC: Cuts Workforce by 12% in 2008 Second Quarter Cyberonics Inc. has adopted a restructuring designed to enhance efficiency and reduce the cost of ongoing operations, resulting in a reduction in employee headcount by approximately 12%. The approximate $2.5 million in costs associated with the reductions... Read More |
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