Hints and tips:
...KKR and CDR are stumping up to acquire Cloudera, which made a net loss of $163m on $783m of revenue last year. The two are paying about 20 times this year’s projected ebitda....
...The Ultra comes with a trendy Vantablack-like option and can use the S-pen stylus from Note models. The handsets are available from January 29....
...But it should be able to find strong demand given that it will be one of the first test cases of Chinese Depository Receipts (CDRs), or certificates backed by shares that allow investors in China to own...
...There is also a backlog, including the grocer Albertsons, carrying over from 2015. Among them SiteOne Landscape Supply, a distributor controlled by CDR, is expected to price its deal this week....
...Related links: 2006-2007, a bad vintage for leveraged loans – FT Alphaville S&P’s subprime revision – FT Alphaville Vive le vin de Bordeaux – FT Alphaville...
...The CDR Counterparty Risk Index, a measure of the counterparty risk in the sector, was at its highest level this morning since September last year, went Lehman Brothers went bust....
...That sent the CRI, created by CDR, to its highest level since March 14, the Friday before Bear Stearns was rescued by the Federal Reserve via a sale to JPMorgan....
...European equity markets fell to their lowest levels since mid-July, while in New York the S&P 500 closed at its lowest level since October 2005 with a fall of 4.7 per cent....
...The CDR Counterparty Risk index, a measure of counterparty risk among the US financials, is moving higher, reflecting growing stress in the sector....
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