Springfield News

• Kinetek Establishes New Business Unit for Fractional and Small Integral AC Motors
  DEERFIELD, Ill.--(BUSINESS WIRE)--Kinetek a US based designer and manufacturer of motor, control and system solutions has established an AC motor business unit headquartered in Indiana. […]
• Fitch Rates Ares Capital Corp’s Senior Unsecured Notes ‘BBB’
  CHICAGO--(BUSINESS WIRE)--Fitch Ratings rates Ares Capital Corporation's (Ares) issuance of $125 million unsecured senior retail notes 'BBB'. The notes rank equally with all existing unsecured debt. The retail notes mature in February 2022 and have a coupon of 7.0%. Proceeds from the issuance will be used to repay outstanding debt under the re […]
• Fitch: Brazilian Electricity Demand will Match GPD Growth, Benefiting Distributors
  CHICAGO--(BUSINESS WIRE)--Link to Fitch Ratings' Report: Brazilian Electricity Sector: Market Dynamics and Riskshttp://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=665830 Brazilian electricity demand will continue to follow the country's GPD growth, benefiting distribution companies and possibly mitigating the negative effects of […]
• Fitch: Growth in Peruvian Electricity Demand to Spur Major Investments
  CHICAGO--(BUSINESS WIRE)--The Peruvian electricity sector is poised for significant expansion in generation and transmission capacity, according to a Fitch Ratings report. The expansion follows a decade of steep electricity demand combined with low electricity generation capacity additions. During this period, electricity demand grew 7% per year while supply […]
• High Speed Rail In Springfield: 3rd or 10th Street?
  SPRINGFIELD, IL- Many Springfield residents are asking the same question: exactly where will the high speed rail through the city go? Upgrades have been proposed through both the 3rd and 10th street rail […]
• Study: Illinois Doing Well At Ensuring Military Ballots Are Counted
  SPRINGFIELD, Ill. - When election officials count the votes in November, they want it to go off without a hitch - and that includes properly counting absentee ballots from America's fighting forces. […]
• Sara Lee Corporation UK Regulatory Announcement: Sara Lee Corp. to Webcast Second Quarter Fiscal 2012 Earnings
  CHICAGO--(BUSINESS WIRE)--Sara Lee Corp. (NYSE: SLE) today announced that its review of second quarter fiscal 2012 earnings will be broadcast live via the Internet on Thursday, Feb. 2, 2012, at 10 a.m. CST. The company will review second quarter fiscal 2012 earnings, provide an update on spin activities and take questions from analysts. The webcast can be ac […]