NEW YORK (AP) — Standard & Poor's lowered Chesapeake Energy's credit rating Tuesday, questioning how quickly the company could remedy its financial woes. The credit ratings agency believes that Chesapeake will struggle to generate enough cash to pay off its debts as natural gas prices plunge. S&P pushed Chesapeake further into junk investment ...

(Reuters) - Chesapeake Energy Corp increased a planned loan even as its credit rating deteriorated on Tuesday, adding pressure on the natural gas producer to deliver crucial asset sales. The company, which has sought to soothe investors angered by recent disclosures about its chief executive's potential conflicts of interest, boosted a planned $3 billion bridge loan to $4 billion. There was ...

Louisiana's property insurer of last resort received permission Thursday to secure a $75 million cash line of credit in case a hurricane damages the state, since a pending legal judgment against the company ...

ST. LOUIS, May 16, 2012 /PRNewswire/ -- Arch Coal, Inc. (ACI) today closed on a new $1.4 billion term loan that was upsized from the previously announced $1 billion due to strong investor interest.  ...

Every year I like to provide advice to college graduates. By the time I graduated, I had in place some pretty good money habits thanks to my grandmother Big Mama. Because of her, I've made it my mission to pass on the financial wisdom she taught me....