Recent News Releases: Weather Channel, Dow and Oil, PHH, and Wind

The Weather Channel up for sale: report
NEW YORK (Reuters) - U.S. cable channel The Weather Channel is to be put up for sale and could fetch more than $5 billion, The New York Times said in an online report on Thursday...

Dow off 221 after oil touches $100
The U.S. stock market had one of its worst opening days of any year after crude oil briefly touched $100 a barrel and gold hit a 27-year high...

PHH's 'Baa3' senior debt confirmed on termination of buyout by GE - Moody's
Moody's Investors Service said it confirmed PHH Corp's 'Baa3' senior debt and 'Prime-3' short term ratings after the mortgage-lending and fleet-management units operator's agreement to be acquired by a General Electric...

Collapse Of PHH Deal Is Bad Omen For '08
The easy money is no longer flowing for Blackstone....

EDP signs 600 mln usd agreement with equity investors for US wind farm projects
EDP Energias de Portugal SA said its Horizon unit agreed on Dec 31 to invest 600 mln usd in four wind farm projects in the US...

PHH, FedEx among big movers
Stocks that were moving substantially or trading heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market...

Market Report -- Story Stocks (PHH)
Yesterday PHH Corporation (PHH) announced it has given a notice of termination to General Electric Capital Corp., which is a unit of General Electric (GE). The notice ends an agreement that would merge PHH...