Hints and tips:
...Triple-B [the lowest rung of IG] spreads are at about 120bp, whereas double-B high-yield is at 200bp. So you pick up 80bp from going from triple-B to double-B....
...Smart reads Debt demolition Commercial real estate lending has fallen to dangerously low levels, threatening a rise in defaults on expiring debt and a near freeze in new construction, The Wall Street Journal...
...Tiger led the $1.8bn Series B funding round backed by about 30 investors....
...His ETK group had been awarded pipeline contracts that Mr Kulibayev ultimately oversaw while serving as a top Kazakh official overseeing the state’s commercial interests....
...No wonder the government is already considering switching to plan B, commissioning a separate app that uses Google and Apple technology....
...Emails seen by the FT contain commercial agreements indicating that between 2008 and 2012 his companies won steel pipe contracts for the project worth at least $370m and perhaps three times that amount....
...S&P awarded a triple B rating with a stable outlook to state-run Luzhou Bank, a regional retail and commercial lender based in the southwestern province of Sichuan — its second issuer rating since it became...
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Its B shares carry 10 votes for every class-A vote....
...Pakistan is rated B3 by Moody’s and B by S&P and Fitch....
...S&P cut DWCP’s company rating to junk, to double B from triple B minus....
...So I want to be able to read that B from across the street.”...
...Ripple’s software is being used by 10 banks for commercial projects and over 30 banks have completed pilot projects....
...The one notch downgrades lowered ratings on Saudi Arabia-based Riyad Bank, National Commercial Bank, Al Rajhi Bank and Samba Financial Group to triple B plus, three levels above sub-investment grade territory...
...What, then, will plan B consist of? For the People’s Bank of China, Plan B is to cut interest rates....
...A-B InBev provided Alphaville with the following statement regarding its supplier payment terms: AB InBev payment terms vary and are always set in mutual agreement, as part of commercial negotiations....
...The event closed with the premiere of an original song by the R&B artist The Weeknd. The reaction from the crowd was muted. It had not been a great presentation....
...Glick, who was most recently the commercial and marketing officer at Manchester City, told me CFG was not in a hurry to make a profit....
...The vast majority – about £66bn – are residential mortgages, while unsecured loans make up £1.9bn and commercial loans £780m....
...operator in China, today commented on the share price decline on June 2, 2011 as a result of the allegations made in a ‘report’ issued on a website by a short seller operating under the name Muddy Waters, LLC...
...“Investors should start to ask management what is its plan B since the assumption that the current commercial model will prove sustainable looks increasingly uncertain.”...
...Lawyers are often asked to find ways of matching commercial and political interests....
...Segro hit a nine-month high amid speculation that the commercial property group could be a takeover target....
...Dubai Holding Commercial Operations Group (DHCOG), the property and hospitality arm of Dubai Holding, revealed on June 1 that it suffered a net loss of $6.2bn last year....
...S&P said it had first lowered DHCOG’s rating from BB+ to B on the grounds that the group was likely to have weaker cash flow than previously expected before withdrawing it completely....
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