Prechter on GE, Housing, Stocks作者: 何鸿燊 时间: 2009-8-14 21:53
TRW, whose stock surged 12-fold to $18.23 after slumping to an all-time low of $1.52 in March as Chrysler LLC and General Motors Corp. headed toward bankruptcy, took advantage of the stock market rally to raise at least $234 million in a stock offering to repay loans. Livonia, Michigan-based TRW joins companies including Oshkosh Corp. in taking advantage of the rising stock market, using share-sale proceeds to repay debt as maturities loom and sales slump.
