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...Capital One’s acquisition of Discover values its smaller rival’s stock 27 per cent above Friday’s closing price....
...The first being the $66bn deal between BB&T and SunTrust, which decided to go by the unfortunate name Truist. Here’s what the deal tells us....
...This was followed by a downgrade by Standard and Poor’s, which then cut Casino’s financial rating from BB negative outlook to BB- negative outlook, pushing the retailer’s rating further into junk territory...
...Before that, the group was best known for the acquisitions of Club Med, the French holiday operator, a stake in Cirque du Soleil and another in Thomas Cook, the UK holiday group....
...“The prospect of a material leverage reduction is uncertain, despite our expectation that Fosun will focus on consolidating its existing investments instead of more aggressive acquisitions in the near term...
...slipping back as economic growth in emerging markets slows - Nato: Northern exposure | Russia’s militarism in Crimea has caught the western alliance with its guard down after years of defence cuts ** BB...
...Preceding AmTech (now Gleacher & Co.), Mr Schreiner was co-founder/portfolio manager at MS Capital Management, LLC, a Phoenix-based hedge fund....
...Mr Mittal, chairman of India’s largest mobile operator, this week closed the company’s $10.7bn acquisition of most of the African networks of Zain of Kuwait....
...Standard & Poor’s lowered Tribune’s rating one notch from BB- to B+, predicting that the company’s performance would further deteriorate in the year ahead....
...On Monday, Standard & Poor’s, the ratings agency, lowered Tribune’s credit rating from BB- to B+....
...The rating agency lowered Nasdaq’s counterparty credit and bank loan rating from BBB-, the lowest investment grade level, to BB+....
...The bonds are rated BB+ by Standard & Poor’s, the highest speculative grade rating, and one notch lower at Ba2 by Moody’s Investors Service....
...CGG, rated BB- by Standard & Poor’s, is planning to issue a $150m 10-year bond at the end of this week....
...It said Yahoo BB, which has had to invest heavily in customer acquisition, had reduced its operating loss from Y18.3bn in the first quarter to Y16.3bn ($153m) in the second quarter....
...Vendex is rated Ba2 by Moody's and BB plus by S&P....
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