Energy Companies Seek Conversations With Banks on Evaluating Collateral

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Energy producers are facing a test through the spring as they enter a period where banks re-evaluate the assets against which they can borrow.

Harris Originally Proposed $22 a Share All-Cash Offer for Exelis

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Harris Corp. first proposed offering $22 a share in cash for Exelis Inc. before twice raising its proposal to the $23.75 accepted last month by its smaller defense-industry rival, according to a regulatory filing.

DuPont: Plant Outage to Hurt Unit in 1Q

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DuPont said that an unplanned outage at a chemical plant in Deepwater, N.J., will “challenge productivity and earnings” in its safety and protection segment in the first quarter

Apple to Make Larger iPad in Second Half

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Apple suppliers have been told to start production of a larger-screen iPad in the second half of this year as the U.S. tech giant wrestles with new designs and features for the enterprise market.

Brazil Judge Presiding Over Eike Batista Trial Removed

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The federal judge who had been presiding over the trial of Brazilian businessman Eike Batista was removed from all of his cases by an appeals court for an undetermined period.

Five Ways to Get a Better Deal in Mediation

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Savvy participants can tilt the process in their favor when mediation is used in divorce, disputes with brokers and other conflicts.

Fed Sees All Banks in Stress Test Adequately Capitalized

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The largest U.S. banks are strong enough to keep lending during a severe recession, the Federal Reserve said Thursday, a sign that many banks will soon get permission to return profits to investors by raising dividends or buying back shares.

Indonesia Seeks Cash By Putting Up Its Own

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Indonesia’s president wants to pour billions of dollars into state-owned firms to encourage the private sector to invest in infrastructure. Investors have their doubts.

Diamond Foods Swings to a Profit

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Diamond Foods Inc. swung to a profit in the second quarter on improved sales in the U.S. that offset lower sales in the U.K. and the impact of a stronger dollar.

Jordan Seeking More U.S.-Made Rocket Launchers

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The State Dept. has approved a request from Jordan, which is looking to buy 72 of the M31 rocket launchers built by Lockheed Martin.

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