Christopher Garman News
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Latin America’s two largest nations are vying for economic and diplomatic clout as their candidates face off as finalists to head the World Trade Organization.
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Transunion Corp., the provider of credit information to banks and consumers, is offering notes as stabilizing Treasury and equity markets may allow high-yield, high-risk issuers to sell debt after being shunned this month.
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Air Medical Group Holdings Inc., the provider of emergency air transportation services, is marketing debt as sales of speculative-grade bonds to fund acquisitions triple from year-ago levels as a percentage of overall volume.
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Beazer Homes USA Inc., the Atlanta- based builder, is marketing debt as issuers take advantage of investor demand for the lowest-graded corporate bonds before their increased presence in the market raises default rates.
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EnergySolutions Inc., the nuclear- services company, is marketing debt as spreads on high-yield, high-risk debt reach their tightest in two months.
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Thermon Industries Inc., the maker of heating systems for petroleum and chemical processing, is marketing debt as middle-graded high-yield, high-risk bonds underperform.
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Brazilian presidential candidate Dilma Rousseff has a 60 percent to 70 percent chance of winning October elections, research company Eurasia Group said.
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Brazilian unions remain at odds with President Dilma Rousseff over the country’s minimum wage after labor leaders met with her finance minister today to push for a bigger raise than the government has endorsed.
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As Maria das Gracas Silva Foster took over as chief executive officer at Petroleo Brasileiro SA, she couldn’t help giving a shout-out to two forces that have shaped her life.
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Petroleo Brasileiro SA Chief Executive Officer Jose Sergio Gabrielli said he’s only guaranteed to remain at his post until Dec. 31, when Brazilian President Luiz Inacio Lula da Silva leaves office.
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