Brean Murray News
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THQ Inc., the money-losing video- game maker, said it’s working with Wells Fargo & Co. to resolve a technical default on its $50 million credit facility.
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THQ Inc., the money-losing video-game company, fell the most in 21 years after posting a second- quarter loss and announcing it hired Centerview Partners LLC to evaluate its options and raise cash.
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Brean Murray Carret & Co. LLC, the New York-based investment bank and asset manager, has hired Scott Buchta as its head of fixed-income strategy as the company expands in bonds.
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Wall Street is hedging its bets on Coach Inc. as the largest U.S. luxury handbag maker’s once- stellar growth falters.
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NuVasive Inc. declined the most ever after the maker of orthopedic devices said third-quarter revenue was less than the company anticipated.
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Four of the largest U.S. coal producers made $20 billion of acquisitions last year to reduce their dependence on the domestic power industry. Instead those deals have added to the companies’ pain.
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Walter Energy Inc. may finally lure buyers willing to bet on a recovery in coal prices with the industry’s cheapest stock.
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Cabot Oil & Gas Corp., 2011’s best- performer among the Standard & Poor’s 500, announced a stock split and dividend increase after more than doubling natural-gas production from the Marcellus Shale in a year.
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Alpha Natural Resources Inc., the second-largest U.S. coal producer, lowered its metallurgical coal sales forecast for 2012 as steel output declined in Europe and slowed in China.
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U.S. stocks rose, after yesterday’s drop in the Standard & Poor’s 500 Index, amid speculation the Federal Reserve will act to stimulate the economy.
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