Freeport-McMoRan Copper & Gold Inc. Reports Third-Quarter and
MSN MoneyCentral - We are optimistic about the outlook to deliver strong volumes of metals which will enable us to generate significant cash flows, invest in attractive development projects, achieve our debt reduction objectives and provide returns to shareholders
Source: news.moneycentral.msn.com

Smurfit-Stone's Corporate Credit Rating Raised by Standard & Poor's
Earthtimes - S&P said the upgrade reflects the combination of Smurfit-Stone's continued solid operating performance and meaningful debt reduction as a result of improved containerboard market conditions. Smurfit-Stone reduced its debt by $328 million in the third
Source: www.earthtimes.org

Remy Files Prepackaged Plan of Reorganization
The Auto Chanel - of the Company's secured creditors in full. — Raise $85 million in preferred equity through a backstopped rights offering to be made to holders of the Company's Senior Notes and Senior Subordinated Notes. — Total debt reduction of
Source: www.theautochannel.com

Rio Tinto's senior unsecured ratings cut to 'A3' with stable outlook
Forbes - position within the aluminium industry, leading positions within the copper and iron ore industries, and expectations of continued strength in the metals sector, Moody's said it expects it to continue to generate free cash flow for debt reduction.
Source: www.forbes.com

Baldor Electric Company Releases 3rd Quarter 2007 Results
Forbes - We expect to meet our goal of $175 million in debt reduction during 2007. These results include the operations of Reliance Electric Company which was acquired on January 31, 2007. "Part of our strategy in acquiring Reliance Electric Company is to
Source: www.forbes.com

Road Warrior: Don't expect Corzine to block toll increases
NorthJersey.com - He has been writing an "asset monetization" prescription to turn the New Jersey Turnpike and the Garden State Parkway into financial assets that can be tapped for road repair, mass transit and debt reduction. Tolls, the cure-all, would surely rise
Source: www.northjersey.com