Calpine (CPN) Up on Bond Sale to Lower Interest Costs, Reduce Restrictions

Shares of Houston, Texas, based Calpine Corp. (CPN) rose on Tuesday as stocks suffered a broad loss overall. Calpine Corp.’s stock was up 4.25%, rising $.97, to close at $23.81, on volume of 7,332,358 shares. The company announced the pending sale of $2.8 billion of unsecured bonds that will lower its interest costs, while removing Read the full article... Read the rest of Calpine (CPN) Up on Bond Sale to Lower Interest Costs, Reduce Restrictions at InvestorGuide.com .