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    In January, 2008, the Company sold $1.3 billion of securities, resulting in a realized loss of approximately $200 million, which was an incremental loss of approximately $100 million from the unrealized losses reflected as of November 30 as to these securities.

    MoneyGram also announced that it is engaged in exclusive negotiations with an investment group led by Thomas H. Lee Partners, L.P. (the Investors) concerning a comprehensive recapitalization of the Company. These negotiations currently contemplate a transaction pursuant to which the Company would receive a capital infusion of both equity and debt capital, comprised of approximately $750-850 million of equity from the Investors and approximately $550-750 million of new debt facilities from third parties. The Company also expects to have $350 million outstanding or available under its existing credit agreement. More>>

  • ( ) Phillies 2008 Grand Slam Spring Training Travel Packages

    This family style inn is located just minutes from Ft. De Soto Park and Caladesi Island State Park, ranked the #1 and #4 beaches in the US. Bright House Networks Field, home of the Phillies, is a short 15 minute drive. This newly reinvented hotel in Clearwater features a bright, colorful decor with updated furnishings and a business library. Stretch out on the new beds with crisp, all-white bedding, thicker mattresses and extra pillows. When it's time to unwind, relax in the heated outdoor pool, whirlpool and exercise room. Start your day in our Courtyard Cafe with a hot breakfast buffet and stop by The Market, our 24-hr pantry, for snacks, fresh salads and sandwiches. . More>>

  • ( ) Wal-Mart's First Sustainability Report: Just a Gesture or a Just ...

    Many call the biggest retailer's sustainability report a good first step on a long road.

    SocialFunds.com -- When Wal-Mart (ticker: WMT) talks, people listen, whether they agree with the message or not. Two years after Wal-Mart CEO Lee Scott announced the company's environmental goals in his "Twenty-First Century Leadership" speech, last week Wal-Mart released a report of its progress, "Sustainability Progress to date, 2007-2008." Full of figures and charts, it covers many sustainability issues from health care coverage and green products to Wal-Mart's giving in local communities to supply chain safety.

    Wal-Mart set three ambitious goals as announced in Scott's speech: to be supplied 100% by renewable energy; to create zero waste; and to sell products that sustain natural resources and the environment. More>>

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