Hints and tips:
...Companies with double B or B plus debt ratings have received solid demand, while lower-rated single B and triple C rated companies have been forced to go to private credit lenders for financing....
...He doesn’t like the alternative, B&Q. Too many friends have been nicked there. “The security guards are going on like the fucking Viet Cong,” he says....
...Verisure, whose biggest shareholder is US private equity fund Hellman & Friedman, priced €200m of bonds with a single B credit rating, several notches below investment grade....
...It returned 8.68 per cent in 2019 and has delivered annualised returns of 4.05 per cent since inception in September 2003....
...Railroad tycoon Thomas Scott allegedly helped tip the 1876 presidential race to Rutherford B Hayes by using his wealth and connections to secure Hayes southern political support in exchange for his blessing...
...David Zahn at Franklin Templeton comments: “A commitment to more spending from the government is consistent with Boris Johnson’s plans to level up the UK and invest in the North....
...Last week traders and producers exported a record 3.8m b/d of US crude oil, data released on Wednesday showed....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...It is also buying one-fifth of the privately held B shares for a total of 62 per cent of the business....
...Citing public and political pressure and potential wildfire liabilities, S&P downgraded the company’s credit rating to B from the investment grade level of BBB- and threatened to cut it again by one notch...
...Some $421m of the money raised have already been used to acquire 24m AMC class B shares from Wanda at a price of $17.50 a piece, AMC said. The move immediately reduces Wanda’s stake to 50.01 per cent....
...Toyota North America said total July sales were down 2.1 per cent to 208,770. The company said its Toyota division saw its best-ever month for light truck sales....
...It could either be a) CITIC Capital's January purchase of French beauty business Axilone b) Oaktree's sale of serviced apartment company SACO to Brookfield Asset Management for £430m in February or c) buyout...
...One is that Moody's had the most negative rating on the bond -- Fitch rates the bond at BB-, while S&P have it a B+....
...Since May it has raised output by roughly 700,000 b/d to 10.7m b/d, with Mr Falih promising output will keep rising next month....
...Convertible debt makes an effective hedge because a) its coupon payment helps to cover the cost of borrowing shares to sell and b) its equity characteristics cause its price to move in line with the...
...The economic calendar for Wednesday is a little less lonesome (all times Hong Kong): 12.00: Malaysia consumer price index15.05: Bank of Thailand interest rates decision16.00: Taiwan export orders...
...currently held in an E*Trade brokerage account ending in the digits “0258” as security for Shkreli’s bond, pursuant to orders of the Court dated January 7, 2016, August 24, 2016 and October 19, 2017; (b)...
...The economic calendar for Wednesday is an exercise in patience (all times Hong Kong): 15.05: Thailand interest rates decisionChina imports, exports and trade balance data are also slated for release today...
...Altice held on to its B+ long-term credit rating, but the negative outlook implies at least a one in three chance that the rating will be cut in the next 12 months....
...The economic calendar for Tuesday is similarly minuscule (all times Hong Kong): 05.00: South Korea manufacturing indexIndonesia bank loan growth is also slated for release by Thursday...
...The company, which has raised the bottom end of its full-year forecasts three times since April, reiterated guidance for 2017 earnings per share to come in between $7.05 and $7.10, excluding divestitures...
...It just barely eked out a monthly increase of 0.05 per cent to mark its fifth straight month of gains. The Nasdaq continued its winning week with a daily gain of 0.95 per cent to 6,428....
...The economic calendar for Wednesday is a bit of a grab-bag (all times Hong Kong): 09.30: China industrial profits13.00: Japan small business confidence15.05: Thailand central bank interest rates decisionMacau...
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