Scott MacDonald News
-
Morgan Stanley-owned Investa Property Group said it plans to spend as much as $500 million ($523 million) on office buildings over the next year amid growing foreign interest in Australian property.
-
A gauge of U.S. corporate credit risk climbed for a second day after Cypriot lawmakers rejected a levy on bank deposits, stoking speculation of renewed tumult in the euro area.
-
A Mitsubishi Corp. subsidiary plans to seek $750 million for a fund managed by former General Electric Co. shipping-team members that will try to take advantage of depressed prices in the industry.
-
Ontario Teachers’ Pension Plan Chief Executive Officer Jim Leech said changes to inflation-protection guarantees for his plan members will allow Canada’s third- biggest pension fund to invest in higher-risk assets such as equities.
-
Icon Health & Fitness Inc., the Logan, Utah-based maker of exercise equipment, is marketing debt as yields on speculative-grade corporate securities fall to the lowest in more than three years.
-
Caisse de Depot et Placement du Quebec, Canada’s second-largest pension-fund manager, will increase investments in assets such as real estate, infrastructure and private equity to reduce volatility in its returns, Chief Executive Officer Michael Sabia said.
-
A gauge of U.S. corporate credit risk was little changed as a rise in jobless claims was offset by an increase in Chinese exports.
-
U.S. corporate bond sales in August may reach $100 billion, the most on record for the month, as companies benefit from falling borrowing costs and seek to raise debt before financial firms come to market in September, according to Aladdin Capital LLC.
-
Shareholders of Wall Street banks who agree with former Citigroup Inc. Chief Executive Officer Sanford “Sandy” Weill that the companies should be broken up face an obstacle: bondholders.
-
Credit-default swaps on the biggest U.S. banks climbed as yields for Italy, the world’s third biggest sovereign borrower, rose to euro era records and stoked concern that Europe’s fiscal crisis is accelerating.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page