Shares in Sprint Nextel dropped 11 per cent yesterday after the third largest US mobile operator unveiled a $3bn convertible offering and warned that subscriber losses would increase in the current quarter. The company, which surprised analysts with Read More

Georgia Gulf reported net sales of $849.8 million for the second quarter of 2008 compared to net sales of $851.9 million for the second quarter of 2007. The reduction in sales is primarily due to difficult market conditions in the U.S, partially Read More

The Rating Outlook is Stable. Approximately $1.6 billion of outstanding debt is covered by the ratings. The upgrade is driven by significant margin expansion, sales growth, and improved cash generation over the past two years, as well as some recent Read More

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