The DIRECTV Group, Inc. http://www.alacrastore.com/company-snapshot/The_DIRECTV_Group_Inc-1006762 Friday, July 25, 2008 6:25:37 PM 1006762 The DIRECTV Group, Inc. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/newstex/BW-0001-26759665newstex/BW-0001-26759665xml Jul. ##, #### (Business Wire) -- DIRECTV (NASDAQ:DTV) will host a conference call and Internet webcast to discuss its #### second quarter financial results, outlook and other forward looking information on Thursday, August #th, ####...040000000401600004016048040160187/18/2008 10:18:12 AM180000001800400018008000190000001900200019002010Business WireBW-0001-26759665DIRECTV GROUP INCDTVNewsNewstexhttp://www.alacrastore.com/storecontent/spcred/85203spcred/85203normThe latest News from S&Pstructuredglobal7/18/2008 3:06:45 AM100News85203United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesHigh TechnologyTelecommunications & CableNewsNY -- Standard&Poor's CreditWire 12/9/1998 -- Standard&Poor's today placed its ratings on Hughes Electronics Corp. and subsidiary, PanAmSat Corp. on CreditWatch with negative implications (see list below). The CreditWatch listings reflect Standard&Poor's expectation that capital spending over the next year will be substantially higher that previously assumed, causing significant erosion in Hughes' liquidity and resulting in a more aggressive capital structure. Higher investment is being driven, in part, by the need for risk-mitigation at PanAmSat, to protect against operating problems of the type that occurred over the past year, coupled with the unit's aggressive fleet expansion plan. Increased capital expenditures also reflect the significant growth opportunities that exist across Hughes' business lines, particularly inUSA38012*36189125459L25401020 254010 2540 25DIRECTV Group Inc. (The)109678USADTVNEWSUSA45822U69830C69830X69793345823V25401020 254010 2540 25Intelsat Corp.126833LATAMERICAUSAEMERGINGSPOTGLOBISSSTRUCCORPABSHighTelecommunicationsCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/370667spcred/370667normThe latest News from S&Pglobalstructured7/18/2008 3:04:03 AM100News370667United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesHigh TechnologyTelecommunications & CableNewsNEW YORK (Standard&Poor's) April 22, 2004--Standard&Poor's Ratings Services said today that The DIRECTV Group Inc.'s (BB/Watch Pos/--) agreement to sell its 80.5% interest in PanAmSat Corp. (BB/Watch Dev/--) to affiliates of Kohlberg Kravis Roberts&Co. (KKR) will not immediately affect the ratings on either company. The ratings on DIRECTV remain on CreditWatch with positive implications, reflecting operating improvement expected under News Corp. control. Proceeds from the PanAmSat divestiture and rising operating cash flow from the U.S. satellite TV operations will put DIRECTV in a good position to boost spending on additional satellite capacity and subsidies for advanced set-top boxes, which should bolster competitiveness against EchoStar Communications Corp. and cable operators. The ratings on PanAmSat remainUSA38012*36189125459L25401020 254010 2540 25DIRECTV Group Inc. (The)109678USADTVNEWSUSA45822U45823V69830X69793369830C25401020 254010 2540 25Intelsat Corp.126833LATAMERICAUSAEMERGINGSPOTGLOBISSSTRUCCORPABSHighTelecommunicationsCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/351659spcred/351659normThe latest Research Update from S&Pglobalstructured7/18/2008 3:03:59 AM175Research Update351659United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesTelecommunications & CableHigh TechnologyMedia & EntertainmentResearch UpdateOn Dec. 22, 2003, Standard&Poor's Ratings Services stated that its ratings on Hughes Electronics Corp. (including the 'BB' corporate credit rating) and related entities remain on CreditWatch with positive implications following the completion of the acquisition of a controlling 34% interest in the company by News Corp. Ltd. The transaction had received the required FCC and Department of Justice approvals on Dec. 19, 2003. The CreditWatch listing will be resolved subsequent to Standard&Poor's assessment of the company's business plan under its new ownership. The rating was upgraded two notches on Nov. 25, 2003, recognizing the improving operating and financial performance of Hughes. Hughes' consolidated EBITDA margin has been modest in 2003 compared with that of cableUSA38012*36189125459L25401020 254010 2540 25DIRECTV Group Inc. (The)109678USADTVRESUPDUSA25459H45822U65248265248V69793325459K69830C65248765248E45823V69830X25401030 254010 2540 2525401020 254010 2540 25News Corp.Intelsat Corp.DIRECTV Holdings LLC108732126833369128EMERGINGUSAPACLATAMERICANWS/ASPOTGLOBISSSTRUCCORPABSTelecommunicationsHighMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/346440spcred/346440normThe latest News from S&Pglobalstructured7/18/2008 3:03:57 AM100News346440United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesTelecommunications & CableHigh TechnologyMedia & EntertainmentNewsNEW YORK (Standard&Poor's) Nov. 25, 2003--Standard&Poor's today raised its ratings on Hughes Electronics Corp. and subsidiaries, which are analyzed on a consolidated basis. The corporate credit rating was raised to 'BB' from 'B+' and remains on CreditWatch, where it was placed with positive implications in April 2003. "The upgrade is based on Hughes' improving operating and financial performance, while the positive CreditWatch status reflects potential ratings upside following News Corp. Ltd.'s (BBB-/Stable/--) pending acquisition of 34% of the company in a transaction likely to close by the end of 2003 or in early 2004," explained Standard&Poor's credit analyst Eric Geil. The ratings on the senior secured bank loans and debt of DIRECTV Holdings LLCUSA38012*36189125459L25401020 254010 2540 25DIRECTV Group Inc. (The)109678USADTVNEWSUSA45822U45823V25459K69830X69830C25459H69793325401020 254010 2540 25Intelsat Corp.DIRECTV Holdings LLC126833369128EMERGINGLATAMERICAUSASPOTGLOBISSSTRUCCORPABSTelecommunicationsHighMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/346488spcred/346488normThe latest Research Update from S&Pglobalstructured7/18/2008 3:03:57 AM175Research Update346488United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesTelecommunications & CableHigh TechnologyMedia & EntertainmentResearch UpdateOn Nov. 25, 2003, Standard&Poor's raised its ratings on Hughes Electronics Corp. and subsidiaries, which are analyzed on a consolidated basis. The corporate credit rating was raised to 'BB' from 'B+' and remains on CreditWatch, where it was placed with positive implications on April 25, 2003. The upgrade is based on Hughes' improving operating and financial performance, while the positive CreditWatch status reflects potential ratings upside following News Corp. Ltd.'s (BBB-/Stable/--) pending acquisition of 34% of the company in a transaction likely to close by the end of 2003 or in early 2004. The ratings on the senior secured bank loans and debt of DIRECTV Holdings LLC and PanAmSat Corp. also remain on CreditWatch positive pending further reviewUSA38012*36189125459L25401020 254010 2540 25DIRECTV Group Inc. (The)109678USADTVRESUPDUSA25459H45822U45823V69830X25459K69830C69793325401020 254010 2540 25Intelsat Corp.DIRECTV Holdings LLC126833369128EMERGINGLATAMERICAUSASPOTGLOBISSSTRUCCORPABSTelecommunicationsHighMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/280247spcred/280247normThe latest News from S&Pglobalstructured7/18/2008 3:03:46 AM100News280247United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesTelecommunications & CableHigh TechnologyNewsNEW YORK (Standard&Poor's) Dec. 11, 2002--Standard&Poor's Ratings Services said today that it revised its CreditWatch implications for its 'B+' corporate credit ratings on Hughes Electronics Corp. and 81%-owned subsidiary PanAmSat Corp. to developing from negative, following Hughes' and EchoStar Communications Corp.'s termination of their merger deal. As part of a negotiated resolution, EchoStar will pay Hughes a $600 million cash breakup fee, but will not be purchasing Hughes' PanAmSat stake as originally agreed. "Termination of the merger provides meaningful cash to Hughes and enables the company to freely pursue strategic alternatives to a combination with Echostar. Refinancing risk is also somewhat reduced on Hughes' recently amended and extended $1.9 billion credit facility that expires in AugustUSA38012*36189125459L25401020 254010 2540 25DIRECTV Group Inc. (The)109678USADTVNEWSUSA69793369830C45822U45823V69830X25401020 254010 2540 25Intelsat Corp.126833USALATAMERICAEMERGINGSPOTGLOBISSSTRUCCORPABSTelecommunicationsHighCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/276454spcred/276454normThe latest News from S&Pglobalstructured7/18/2008 3:03:45 AM100News276454United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesHigh TechnologyTelecommunications & CableNewsNEW YORK (Standard&Poor's) Nov. 18, 2002--Standard&Poor's Ratings Services said today that it lowered its corporate credit ratings on Hughes Electronics Corp. and its 81%-owned subsidiary PanAmSat Corp. to 'B+' from 'BB-'. Standard&Poor's also lowered its senior secured bank loan ratings on the companies to 'BB-' from 'BB'. The downgrade reflects concern about continuing discretionary cash flow deficits and refinancing risk at Hughes. The PanAmSat downgrade reflects the company's majority ownership by Hughes and not PanAmSat's stand-alone operating performance or financial condition, which have been stable. All ratings remain on CreditWatch with negative implications pending the resolution of the merger transaction with EchoStar Communications Corp. El Segundo, Calif.-based Hughes has roughly $800 million debt, excludingUSA38012*36189125459L25401020 254010 2540 25DIRECTV Group Inc. (The)109678USADTVNEWSUSA69830C69830X45822U45823V69793325401020 254010 2540 25Intelsat Corp.126833LATAMERICAUSAEMERGINGSPOTGLOBISSSTRUCCORPABSHighTelecommunicationsCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/271023spcred/271023normThe latest News from S&Pglobalstructured7/18/2008 3:03:43 AM100News271023United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesMedia & EntertainmentHigh TechnologyTelecommunications & CableNewsNEW YORK (Standard&Poor's) Oct. 18, 2002--Standard&Poor's Ratings Services said today that its ratings on EchoStar Communications Corp. (B+/Watch Pos/--), Hughes Electronics Corp. (BB-/Watch Neg/--), and PanAmSat Corp. (BB-/Watch Neg/--) all remain on CreditWatch pending receipt of further clarity on business combination transactions involving the three companies. The FCC recently decided not to approve the proposed merger between EchoStar and Hughes and designated the merger application for administrative hearing. Although the likelihood of a merger is diminished, the companies still have the opportunity to continue working towards gaining merger approval. EchoStar and Hughes are expected to propose structural remedies to the deal, possibly including the transfer of satellite orbital slots and spectrum to a third-party competitor inUSA38012*36189125459L25401020 254010 2540 25DIRECTV Group Inc. (The)109678USADTVNEWSUSA69830C27876245822U69793327876145823V69830X25401020 254010 2540 25Intelsat Corp.DISH Network Corp.126833128885EMERGINGLATAMERICAUSASPOTDISHGLOBISSSTRUCCORPABSMediaHighTelecommunicationsCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/261682spcred/261682normThe latest News from S&Pglobalstructuredpubfin7/18/2008 3:03:42 AM100News261682United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinancePublic FinanceCorporationsCollateralized Debt ObligationsAsset-Backed Commercial PaperAsset-Backed SecuritiesResidential MBSFinancial InstitutionsCapital GoodsTelecommunications & CableAutomotiveHigh TechnologyNews(Editor's note: In the press release sent earlier today, it was mistakenly stated that covenants were violated in PanAmSat Corp.'s credit facility. In fact, amendments were made to the facility, but no covenants were violated. A corrected version of the release follows.) NEW YORK (Standard&Poor's CreditWire) Sept. 28, 1999--Standard&Poor's today lowered its long-term corporate credit ratings on Hughes Electronics Corp., a subsidiary of General Motors Corp. (GM), and on Hughes' subsidiary, PanAmSat Corp., to triple-'B'-minus from triple-'B'. Standard&Poor's also lowered its senior unsecured debt and bank loan ratings on PanAmSat to triple-'B'-minus from triple-'B'. The short-term corporate credit and commercial paper ratings on Hughes and PanAmSat also were lowered to 'A-3' from 'A-2'. TheUSA38012*36189125459L25401020 254010 2540 25DIRECTV Group Inc. (The)109678USADTVNEWSUSA36186C37042437042537042N37043*37044037044237045G3704A03704H338011745822U69793337042#37042H37042J37046G69830X37042D37042E37042F37042W69830CU3704236187337042637042G37042M37042P37042R37043937045E3704H23704H745823VU3704440202010 402020 4020 4025401020 254010 2540 2525102010 251020 2510 25GMAC LLCGeneral Motors Corp.Intelsat Corp.100939100940126833ASIAUSAEMERGINGEUROMIDAFRLATAMERICAPACCANGM1GMSPOTGLOBISSSTRUCPUBFINCORPCDOABCPABSRMBSFICapitalTelecommunicationsAutomotiveHighCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/222783spcred/222783normThe latest News from S&Pglobalstructured7/18/2008 3:03:34 AM100News222783United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesRetailTelecommunications & CableMedia & EntertainmentHigh TechnologyNewsNEW YORK (Standard&Poor's) Dec. 7, 2001--Standard&Poor's today lowered its ratings on Hughes Electronics Corp. and Hughes' 81%-owned subsidiary PanAmSat Corp. (see list below). These ratings remain on CreditWatch with negative implications. In addition, Standard&Poor's ratings on EchoStar Communications Corp. and its subsidiary Echostar DBS Corp., and its corporate credit rating on EchoStar Broadband Corp. (an intermediate holding company), remain on CreditWatch with developing implications (see list below). EchoStar has a definitive agreement to merge with Hughes Electronics in a transaction valued at about $26 billion. Standard&Poor's single-'B' rating on EchoStar Broadband Corp.'s senior unsecured notes remains on CreditWatch, but the implications have been revised to positive from developing (see list). The positiveUSA38012*36189125459L25401020 254010 2540 25DIRECTV Group Inc. (The)109678USADTVNEWSUSA27876M69793369830C27876G27876145822U27876245823V69830X25401020 254010 2540 25Intelsat Corp.DISH Network Corp.Echostar DBS Corp.EchoStar Broadband Corp.126833128885315651346228USAEMERGINGLATAMERICASPOTDISH56938Z21385ZGLOBISSSTRUCCORPABSRetailTelecommunicationsMediaHighCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/210478spcred/210478normThe latest Full Report from S&Pglobalstructured7/18/2008 3:03:33 AM400Full Report210478United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesHigh TechnologyTelecommunications & CableFull ReportThe ratings on Hughes Electronics Corp. and its 81%-owned subsidiary PanAmSat Corp. are on CreditWatch with negative implications, reflecting General Motors Corp.'s (GM) ongoing negotiations to sell the company. Hughes is a wholly owned subsidiary of GM, and its common stock currently trades as a tracking stock of GM. PanAmSat is an 81%-owned subsidiary of Hughes. GM is discussing a merger of Hughes' assets with Sky Global Network, a subsidiary of News Corp. Ltd. Also, EchoStar Communications Corp. has made an offer to purchase Hughes for about $30 billion. Standard&Poor's will resolve the CreditWatch listing following a conclusion of merger talks. Separately, Hughes reported disappointing results for the second quarter ended June 30, 2001, particularly at its DirectTVUSA38012*36189125459L25401020 254010 2540 25DIRECTV Group Inc. (The)109678USADTVFULLUSA45822U45823V69793369830C69830X25401020 254010 2540 25Intelsat Corp.126833EMERGINGLATAMERICAUSASPOTGLOBISSSTRUCCORPABSHighTelecommunicationsCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/179112spcred/179112normThe latest Full Report from S&Pglobalstructured7/18/2008 3:03:32 AM400Full Report179112United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesTelecommunications & CableHigh TechnologyFull ReportThe ratings on Hughes Electronics Corp. and its 81%-owned subsidiary PanAmSat Corp. reflect the company's strong competitive position and stable operating performance in the satellite service business, the significant subscriber growth and asset value of DirecTV, and improved balance sheet and financial flexibility following the sale of its satellite manufacturing business to Boeing Corp. These factors are mitigated by higher subscriber acquisition costs at DirecTV, which are reducing near-term profitability; increased investments at PanAmSat for new Internet initiatives, which will also reduce EBITDA in the near term; and uncertainty regarding a number of new initiatives underway that have unproven business models. Ratings for PanAmSat mirror those of its parent. PanAmSat is a core business for the combined company and contributesUSA38012*36189125459L25401020 254010 2540 25DIRECTV Group Inc. (The)109678USADTVFULLUSA69793345822U45823V69830C69830X25401020 254010 2540 25Intelsat Corp.126833LATAMERICAEMERGINGUSASPOTGLOBISSSTRUCCORPABSTelecommunicationsHighCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/192614spcred/192614normThe latest News from S&Pglobalstructured7/18/2008 3:03:32 AM100News192614United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesHigh TechnologyTelecommunications & CableNewsNEW YORK (Standard&Poor's CreditWire) May 2, 2001--Standard&Poor's today placed its ratings on Hughes Electronics Corp. and subsidiary PanAmSat Corp. on CreditWatch with negative implications (see list below). The CreditWatch placement follows General Motors Corp.'s (GM) announcement that its board has authorized further discussions to proceed regarding the merging of Hughes' assets with Sky Global Network, a subsidiary of News Corp. Ltd. Hughes is a wholly owned subsidiary of GM, and its common stock currently trades as a tracking stock of GM. PanAmSat is an 81%-owned subsidiary of Hughes. It is unclear what the capital structure of Sky Global will be if a deal is consummated, or what the status of PanAmSat would be. PanAmSat currently generatesUSA38012*36189125459L25401020 254010 2540 25DIRECTV Group Inc. (The)109678USADTVNEWSUSA45822U45823V69830C69830X69793325401020 254010 2540 25Intelsat Corp.126833EMERGINGUSALATAMERICASPOTGLOBISSSTRUCCORPABSHighTelecommunicationsCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/165882spcred/165882normThe latest News from S&Pglobalstructured7/18/2008 3:03:31 AM100News165882United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesTelecommunications & CableHigh TechnologyNewsNEW YORK (Standard&Poor's CreditWire) Sept. 21, 2000--Standard&Poor's today revised its outlook on Hughes Electronics Corp. and subsidiary PanAmSat Corp.to developing from positive. Hughes Electronics is a subsidiary of General Motors Corp. (GM). At the same time, Standard&Poor's affirmed its ratings on Hughes Electronics (BBB-/Developing/A-3 corporate credit rating) and PanAmSat (BBB-/Developing/A-3). The outlook revision follows recent public pronouncements by GM that it is exploring options regarding its remaining economic stake in Hughes Electronics. OUTLOOK: DEVELOPING Ratings for Hughes Electronics could be raised or lowered depending on what transaction GM ultimately pursues, if any, Standard&Poor's said. -- CreditWire A complete list of ratings is available on RatingsDirect, Standard&Poor's on-line credit research service,USA38012*36189125459L25401020 254010 2540 25DIRECTV Group Inc. (The)109678USADTVNEWSUSA69830C45822U45823V69830X69793325401020 254010 2540 25Intelsat Corp.126833USALATAMERICAEMERGINGSPOTGLOBISSSTRUCCORPABSTelecommunicationsHighCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/137869spcred/137869normThe latest News from S&Pglobalstructured7/18/2008 3:03:30 AM100News137869United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesTelecommunications & CableCapital GoodsHigh TechnologyAutomotiveNewsNEW YORK (Standard&Poor's CreditWire) Jan. 14, 2000--Standard&Poor's today revised its outlook on Hughes Electronics Corp. and subsidiary PanAmSat Corp. to positive from negative. At the same time, Standard&Poor's affirmed its ratings on Hughes Electronics Corp. and PanAmSat Corp. (see list below). In assessing the credit quality of Hughes, Standard&Poor's views General Motors Corp.'s (GM; A/Stable/A-1) effective 69% ownership of Hughes as a neutral factor because it views Hughes as a nonstrategic asset for GM. The ratings on PanAmSat mirror those of its parent. PanAmSat continues to be a core business for the combined company, and contributes a substantial portion of its cash flow. The outlook revision follows Hughes' announcement that it hasUSA38012*36189125459L25401020 254010 2540 25DIRECTV Group Inc. (The)109678USADTVNEWSUSA3704H23704H769793369830X37044037045G37046GU3704437043937045E3704H345822U45823V69830C37044225401020 254010 2540 2525102010 251020 2510 25General Motors Corp.Intelsat Corp.100940126833ASIACANEMERGINGEUROMIDAFRLATAMERICAUSAGMSPOTGLOBISSSTRUCCORPABSTelecommunicationsCapitalHighAutomotiveCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/108870spcred/108870normThe latest News from S&Pglobalstructured7/18/2008 3:03:29 AM100News108870United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesHigh TechnologyTelecommunications & CableAutomotiveCapital GoodsNewsNEW YORK (Standard&Poor's CreditWire) June 22, 1999--Standard&Poor's today affirmed its long-term corporate credit ratings on Hughes Electronics Corp. (Hughes), a subsidiary of General Motors Corp. (GM), and on Hughes' subsidiary, PanAmSat Corp. The short-term corporate credit and commercial paper ratings on both companies were also affirmed. (see list below). Standard&Poor's also affirmed its senior unsecured debt and bank loan ratings on PanAmSat. (see list below). The rating outlook remains developing. Ratings of GM (single-'A'/Negative/A-1) and other related entities are not affected. The rating affirmations follow the announcement that Hughes will record a pre-tax charge of $100 million to $130 million in the current quarter stemming from increased development costs and production delays relating toUSA38012*36189125459L25401020 254010 2540 25DIRECTV Group Inc. (The)109678USADTVNEWSUSA37044037044237045G37046G3704H345822U69830X69793369830C37043937045E3704H745823VU370443704H225102010 251020 2510 2525401020 254010 2540 25General Motors Corp.Intelsat Corp.100940126833ASIALATAMERICAUSAEUROMIDAFREMERGINGCANGMSPOTGLOBISSSTRUCCORPABSHighTelecommunicationsAutomotiveCapitalCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/127216spcred/127216normThe latest News from S&Pglobalstructured7/18/2008 3:03:29 AM100News127216United StatesBroadcasting & Cable TVUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesHigh TechnologyCapital GoodsTelecommunications & CableAutomotiveNewsNEW YORK (Standard&Poor's CreditWire) August 30, 1999--Standard&Poor's today placed on CreditWatch with negative implications its long-term corporate credit ratings on Hughes Electronics Corp. (Hughes), a subsidiary of General Motors Corp. (GM), and on Hughes' subsidiary, PanAmSat Corp., as well as its short-term corporate credit and commercial paper ratings on both companies. Standard&Poor's also placed on CreditWatch with negative implications its senior unsecured debt and bank loan ratings on PanAmSat. (see list below). Ratings of GM (single-'A'/Negative/A-1) and other related entities are not affected. The CreditWatch listings follow the Chapter 11 bankruptcy filing on August 27 by ICO Global Communications (Holdings) Ltd. (see separate press release). ICO has been a major customer of Hughes' satelliteUSA38012*36189125459L25401020 254010 2540 25DIRECTV Group Inc. (The)109678USADTVNEWSUSA3704H369830XU3704437043937044237046G3704H769793345822U45823V69830C37044037045E37045G3704H225102010 251020 2510 2525401020 254010 2540 25General Motors Corp.Intelsat Corp.100940126833EMERGINGEUROMIDAFRLATAMERICACANUSAASIAGMSPOTGLOBISSSTRUCCORPABSHighCapitalTelecommunicationsAutomotiveCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/newstex/PRN-0005-26105028newstex/PRN-0005-26105028xml IRVINE, Calif., Jun. ##, #### (PRNewswire-FirstCall delivered by Newstex) -- Broadcom Corporation (Nasdaq: BRCM) today announced that Eddy W. Hartenstein, former Chairman and Chief Executive Officer of DIRECTV, Inc., and William T....090000000901500011000000110060001300000013010000040000000400300004003004040030070400300904016000040160086/19/2008 5:17:31 PM180000001802000018007000180180001900000019001000190010051900200019002013