Hints and tips:
...I think that B assets are getting priced like A assets and A assets are getting priced like A+ assets,” he says....
...Every S&P 500 sub-sector traded lower amid generalised risk-off sentiment, but the FANGs (-5.60%) continued to underperform, saw their worst day since March and are now down -17.86% from their June peak....
...If that happens, we suspect that subs growth would be impacted.”...
...Though Tesla has a sub-investment grade rating of B- from Standard & Poor’s, other recent junk bond issues suggest it may still be able to raise money at a yield of 5 per cent or below, compared to the coupon...
...The resulting complexity can make it hard to know who owns a given parcel, or where it came from.”...
...S&P has cut Mozambique’s long-term, foreign currency credit rating from B- to CC....
...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...
...propels private wealth to record levels, according to a new report. http://www.ft.com/cms/s/0/d8010010-c869-11e2-acc6-00144feab7de.html Philippine growth underpinned by revitalised manufacturing sector When B/...
...People familiar with the process said bidders include Clayton, Dubilier & Rice of the US, which recently spent £965m to buy B&M, the British discount retailer....
...sample material contained in the 426585E cross-cut are presented in Table 1 below: Table 1: Cross-cut 426585E Preliminary Mill Results Notes: Preliminary mill results are provided by Strategic Minerals LLC...
...The bet is that the Fed will do as it says and keep rates low for two more years at least, with the US is trapped in sub-par growth....
...Bankruptcy We discussed this at some length on Monday because it reminded us of Texas Competitive Electric Holdings Company LLC (TCEH) in 2011....
...It reminds us of Texas Competitive Electric Holdings Company LLC (TCEH) in 2011....
...Colin Fenton, head of commodities research at JPMorgan in New York, says that the rally in prices is “economically driven and physically rooted”....
...American General, which has 1,200 branches across the US and a small presence in the UK, has $20bn in assets, $18bn in liabilities and a single-B credit rating....
...Three month LIBOR was quoted at 1.42% in January 2009 before crashing sub 1% in June of last year. Since October 2009, LIBOR has been pegged at around 0.25% until doubling in June to 0.53% today....
...“We would prefer to see how Dubai’s debt situation plays out in the very near-term in terms of (a) the second tranche of the $20bn issuance programme, and (b) how Nakheel’s December maturity is handled,”...
...When Anadarko Petroleum and Tullow Oil, two independent oil companies, drilled the Venus-B well off Sierra Leone, the exercise was little more than a rather expensive punt. But it paid off....
...That is because Venus-B lies off the shores of Sierra Leone and is at the western edge of a geological system that includes the large discoveries off Ghana’s shores....
...The rumour was that one broker had sold a large parcel of stocks in mid-morning then laboured to unwind its hedging positions....
...Caterpillar, the heavy goods maker, Lockheed Martin, the defence company, Paccar, the truckmaker, and United Parcel Service , each met or beat analysts’ expectations for their quarterly results....
...Too many cases such as B&B’s and the pressure to switch to speedy US-style share placings with single strategic investors may become irresistible....
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