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Wall Street posts first weekly loss since mid-April on Fed angst
ReutersNEW YORK (Reuters) - The S&P 500 declined for a third day on Friday, with the three major stock indexes posting their first negative week since mid-April on lingering concern that the central bank may scale back its stimulus measures to support the...Tags: Sony Corp., Theravance Incorporated, Fossil Incorporated, Rupert Murdoch, News Corp.
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US high-yield investors absorb 19 deals this week
ReutersBy Joy Ferguson NEW YORK, May 24 (IFR) - High-yield investors digested another 19 US dollar deals worth USD10.53bn this week, bringing the month-to-date total to USD43.63bn from 83 deals. This is more than double the amount priced for the full month...Tags: Financial Markets, Thomson Corporation, Banking, Bonds, Century Aluminum Company
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Elan prices $850 million senior notes
ReutersDUBLIN, May 24 (Reuters) - Irish drug firm Elan will issue $850 million worth of senior notes at par, the company said on Friday. The debt, with a coupon of 6.25 percent, matures in 2021. The offer will close on May 31. -
Elan rechaza oferta de 6.400 mln dlr de Royalty Pharma
ReutersPor Padraic Halpin DUBLIN (Reuters) - La farmaceútica irlandesa Elan rechazó el jueves una oferta mejorada de Royalty Pharma de 6.400 millones de dólares, poco después de la firma estadounidense redujera su vara de aceptación de la propuesta a un 50... -
Deals of the day -- mergers and acquisitions
Reuters(Adds Dell Inc, Orkla, Marathon Oil, Elan, prada, Telecom Italia and others) May 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: ** Activist investor Carl Icahn and Southeastern Asset...Tags: Real Estate Sellers, Thomson Corporation, Dell Inc., Fiat S.p.A., Telecom Italia SPA
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Three deals price in US high-yield as pace slows for holiday
ReutersBy Joy Ferguson NEW YORK, May 23 (IFR) - The high-yield primary market finally slowed on Thursday as market participants looked ahead to the extended holiday weekend. A final three deals waiting on the calendar were priced this afternoon, with Elan...Tags: Finance, Holidays, Memorial Day, Economy, Business and Finance, Bonds
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UCLA students dig into the physics of food
The three undergrads looked warily at the pulverized apples in their bowl. The would-be pastry chefs had planned to drop dollops of the mixture into a chemical bath, creating fruity spheres with a filmy skin and an oozing interior. Their early...
Tags: Apples, Pies and Tarts, Michael Voltaggio, Harvard University, Recipes
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US high-yield comes under selling pressure
ReutersBy Rachelle Kakouris May 23 (IFR) - Despite being the only performer in the credit markets on Wednesday, the high-yield sector succumbed to selling pressure this morning amid investor concerns that the US Federal Reserve will begin to taper its...Tags: S&P 500, Mergers, Acquisitions and Takeovers, Century Aluminum Company, Energy Resources, Morgan Stanley Dean Witter & Company
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Elan rejects Royalty's $6.4 billion raised offer
ReutersDUBLIN (Reuters) - Elan rejected Royalty Pharma's increased $6.4 billion bid on Thursday, shortly after the U.S. firm cut the acceptance bar for its latest offer to 50 percent plus one share. Royalty raised its hostile cash bid to $12.50 per share on...Tags: Rheumatoid Arthritis, Theravance Incorporated, Biogen Idec Incorporated, GlaxoSmithKline PLC, Multiple Sclerosis
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Indonesia re-arrests Chevron exec amid tension with Big Oil
ReutersBy Fergus Jensen JAKARTA, May 22 (Reuters) - Authorities have bypassed a court order and re-arrested an executive at Chevron Corp's Indonesian unit in a graft case that highlights growing tension with big oil companies in a country struggling to...Tags: Jakarta (Indonesia), Justice and Rights, Chevron Corportion, Lawyers, Police Arrests
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Bid for risk intact with seven US high-yield deals in market
ReutersBy Rachelle Kakouris May 22 (IFR) - The bid for risk remained firmly intact on central bank Wednesday, with seven corporate borrowers - mostly in the lower echelons of the ratings scale - currently marketing USD3.3bn in high-yield deals. Though the pace...Tags: Federal Reserve, Prices, Radiation Therapy, Republic of Ireland, Memorial Day
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Leasing begins at Elan 33 West apartments in Davie
Sun SentinelA developer said Monday it has started leasing apartments at the 376-unit Elan 33 West in Davie. Greystar Real Estate Partners is taking deposits for the one, two- and three-bedroom units at the corner of Davie Road and Interstate 595. The community will...Tags: Apartments, Palm Beach (Palm Beach, Florida), Miami (Miami-Dade, Florida), Broward County, Palm Beach County
May 24, 2013
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May 22, 2013
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May 20, 2013
|Story| South Florida Sun-Sentinel
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