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Judge rules gifts cards from belly-up Borders bookstores worthless
Those clinging hopefully to the old Borders books gift cards stashed in their drawers or wallets are out of luck, a Manhattan federal judge ruled Wednesday. According to Reuters, there are about $210.5 million worth of such cards that had not been used by...
Tags: Financially Distressed Companies, Judges, Companies and Corporations, The New York Times, The Wall Street Journal
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Flood of deals continues in US high-yield market
ReutersBy Rachelle Kakouris NEW YORK, May 20 (IFR) - Investor demand continues to be focused on higher coupon paper in the US speculative-rated sector with the majority of today's deals (and those announced for pricing later this week) dominated by Single B and...Tags: Services and Shopping, Bonds, Deutsche Bank AG, B&G Foods Incorporated, Financial Markets
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Glencore shines on busier than expected Wednesday
ReutersBy Shankar Ramakrishnan NEW YORK, May 22 (IFR) - It was busier than expected on Wednesday with the much-anticipated Glencore Funding multiple trancher giving the US high-grade primary market a much-needed USD5bn volume boost. The day ended with...Tags: Mountain West Conference, Broadcom Corp., Ole Miss Rebels, HSBC Holdings plc, Prices
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US high-grade issuance touches USD6bn for the week so far
ReutersBy Shankar Ramakrishnan NEW YORK, May 21 (IFR) - The US high-grade primary market was busier on Tuesday than the previous session but activity was still nowhere close to the hectic days of the past few weeks. Five deals for USD3.65bn were priced, taking...Tags: Mountain West Conference, National Rural Utilities Cooperative Finance Corporation, Goldman Sachs Group, Inc., Bank of America Corp., HSBC Holdings plc
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From four Iranians, four views of the coming election
TEHRAN -- Elections are scheduled in Iran for June 14, the first presidential balloting since the disputed 2009 vote. Iran’s Guardian Council, an oversight body, is expected to release the list of vetted candidates this week. The Times sought out...
Tags: Politics, Iran, Islam, Abusive Behavior, Saudi Arabia
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Slow start to week but US high-grade pace expected to pick up
ReutersBy Shankar Ramakrishnan NEW YORK, May 20 (IFR) - After the hectic pace of issuance in the last few weeks, the US high-grade primary market began this week with just two deals totaling a modest USD2.35bn. Some market players expect momentum to pick up in...Tags: CF Industries Holdings Incorporated, Kimberly-Clark Corporation, Goldman Sachs Group, Inc., HSBC Holdings plc, Prices
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Avalanche of news deals hits US high-yield market
ReutersBy Rachelle Kakouris NEW YORK, May 15 (IFR) - Another avalanche of new deals hit the screens this morning with almost USD5bn added to a burgeoning high-yield pipeline. Several of these are sizeable drive-by offerings for pricing today, and come on top of...Tags: Builders FirstSource Inc., Dynegy Incorporated, Mergers, Acquisitions and Takeovers, S&P 500, Sprint Nextel Corporation
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Rodale launches online store
Emmaus publisher Rodale is entering the online retail business, hoping that readers interested in the ultimate bikini body and how to build beach muscle will also be inclined to drop $48 on a microfiber yoga towel made with recycled coconut shells or $199...
Tags: Hobbies, Magazines, Physical Fitness and Exercise, Consumers, Advertising
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US high-grade bond market tone subdued after Merck jumbo trade
ReutersBy John Balassi NEW YORK, May 16 (IFR) - Market tone is relatively muted early on Thursday, despite the surprisingly better-than-expected first quarter GDP print from Japan that showed that the governments new inflation policies are beginning to kick in....Tags: Politics, European Debt Crisis, Land Price, Merck & Company Incorporated, HSBC Holdings plc
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No let-up for busy US high-grade market
ReutersBy Joy Ferguson and Rachelle Kakouris May 16 (IFR) - There was no let-up in the high-yield market on Thursday even after the deluge of deals yesterday, when 10 issuers rushed to market for a total of USD7.5bn. A total of USD10.451bn has priced so far...Tags: Brazil, Builders FirstSource Inc., Mexico, Goldman Sachs Group, Inc., Prices
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Neuqua Valley High wins a Grammy, and more
News briefs from Aurora and Naperville. Music program cited Neuqua Valley High School was awarded a Grammy statue and $10,000 last week for being named this year's National Grammy Signature School. The top honor is awarded to one school in the...
Tags: Music, Services and Shopping, Teaching and Learning, Students, Entertainment
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CORRECTED-Busy start to US high-yield week as nine deals surface
Reuters(Corrects amount to be raised in first paragraph) By Rachelle Kakouris NEW YORK, May 6 (IFR) - Nine high-yield deal announcements totaling just over USD5bn - including three drive-by offerings - kick-started what is expected to be a busy week for the...Tags: Mergers, Acquisitions and Takeovers, Commercial Metals Company, Goldman Sachs Group, Inc., Mining, Companies and Corporations
May 23, 2013
|Story| Los Angeles Times
May 20, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 20, 2013
|Story| Los Angeles Times
May 20, 2013
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May 15, 2013
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May 19, 2013
|Story| Allentown Morning Call
May 16, 2013
|Story| Reuters
May 16, 2013
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May 15, 2013
|Story| Chicago Tribune
May 6, 2013
|Story| Reuters
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