Bloomberg BNA — Barclays and MSCI Inc. launched a family of fixed-income indices June 11 based primarily on environmental, social, and governance (ESG) factors, which could spur growth in sustainable investing by bond investors, the organizations said.
Gap Inc. is poised to recapture an investment grade from both major ratings firms for the first time since 2006, credit derivatives show, as the biggest U.S. specialty apparel retailer posts its best sales in five years.
Acquity Group Ltd. became the second Chinese company in 2012 to raise less than planned in a U.S. share sale as a slowing economy and accounting concerns sent New York-traded stocks lower in the past year.
India’s 10-year bonds rose, pulling yields to the lowest since February, on speculation demand for debt will rise as the central bank buys dollars to boost forex reserves, increasing cash supply in the banking system.
The cost to protect against losses on the debt of Dole Food Co. rose to the highest level in nine months as Chairman and Chief Executive Officer David Murdock offered about $645 million to buy out other shareholders.