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Stanley Furniture Co. Inc. Message Board

rosen62 4 posts  |  Last Activity: May 7, 2015 10:06 AM Member since: Mar 26, 2001
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  • Reply to

    Very NICE!

    by brianbee882 May 7, 2015 7:16 AM
    rosen62 rosen62 May 7, 2015 10:06 AM Flag

    Moodys thinks they are doing the right thing with NextRadio and that emms is an innovator. They think broadcasters should gather around NextRadio for scale.

  • Reply to

    Gazprombank discusses buying debt

    by pmurphy986 May 5, 2015 12:44 PM
    rosen62 rosen62 May 5, 2015 3:57 PM Flag

    May 5 (Reuters) - Gazprombank has been in talks with Sberbank, Russia's biggest lender, over the acquisition of debts owed by steel and coal producer Mechel , two sources familiar with the situation said on Tuesday.

    Mechel, controlled by businessman Igor Zyuzin, had incurred much of its debt before the economic downturn. The company, which employs 72,000 people, has been in talks with its main lenders, including Sberbank, VTB and Gazprombank, over a debt restructuring since 2014.

    "The question is, at what price Sberbank will give out the debt," a source said about Gazprombank's talks with Sberbank.

    Banks and Mechel declined to comment.

    Mechel invested heavily in expansion before the 2008 financial crisis hit demand and then had to sell some of its assets when they became loss-making.

    Mechel's net debt stands at around $7 billion.

    Last week Russia's Industry and Trade Minister Denis Manturov said Mechel had reached an "acceptable solution" to a debt dispute with Gazprombank. (Reporting by Oksana Kobzeva and Svetlana Burmistrova; writing by Vladimir Soldatkin; Editing by Greg Mahlich)

  • Reply to

    Gazprombank discusses buying debt

    by pmurphy986 May 5, 2015 12:44 PM
    rosen62 rosen62 May 5, 2015 3:53 PM Flag

    look for reutersDOTcom
    and then
    /article/2015/05/05/russia-mechel-banks-idUSL5N0XW4M520150505

  • Reply to

    Gazprombank discusses buying debt

    by pmurphy986 May 5, 2015 12:44 PM
    rosen62 rosen62 May 5, 2015 3:52 PM Flag

    Difiicult to post a link. Search goggle for Gazprombank mechel and you will see the reuters link published 4 hours ago.

    Sentiment: Hold

STLY
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