finance

Convention center to refinance bonds

The Associated Press — Fri, 21 Sep 2012 14:31:07 +0000

The authority that oversees the Ernest N. Morial Convention Center will be able to save at least $6 million in interest costs on its outstanding bonds based on action taken by the State Bond Commission.

H&E Equipment plans debt sell

The Associated Press — Tue, 07 Aug 2012 16:17:06 +0000

BATON ROUGE — H&E Equipment Services Inc., a Baton Rouge-based construction machinery provider, plans to sell $480 million in debt to investors.

The company says H&E will use the proceeds to retire existing debt and pay a special, one-time cash dividend of $246 million, or roughly $7 per share.

JPMorgan Will Move To 'Clawback' Millions From Execs Who Bungled Billions

Mark Memmott — Wed, 11 Jul 2012 13:36:00 +0000

JPMorgan Chase CEO Jamie Dimon predicted this would happen: The bank "plans to reclaim millions of dollars in stock from executives at the center of the trading blunder that shocked Wall Street," The Wall Street Journal reports.