Calpine Moves to Strengthen Finances
Peregrine soars on analyst upgrade; Starbucks plans Latin American excursion; plus more of today's stocks in the news
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Calpine (CPN ) shares were higher after the company said it is finalizing discussions with lenders regarding a new, expanded, secure credit facility that would significantly improve the company's cash position.
ZymoGenetics (ZGEN ) shares rose after Merrill Lynch began coverage with near-term and long-term strong buy ratings, and Pacific Growth started the stock with a buy recommendation. The company was unavailable for comment.