AbitibiBowater Defends Investment Deal With Fairfax, Others
10th Jun 2010 17:51
By Peg Brickley Of DOW JONES DAILY BANKRUPTCY REVIEW AbitibiBowater Inc. (ABWTQ) defended a proposed $500 million investment arrangement with leading bondholders against creditor allegations the deal is costly and unnecessary to finance the newsprint maker's exit from bankruptcy protection.
Read moreBarclays Fincl Chief:Wholesale Money Mkt Conditions Improving
10th Jun 2010 17:40
By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Barclays PLC (BCS) said Thursday that although funding markets have been tougher over the past weeks, conditions have improved recently and that the bank continues to access wholesale money markets "in significant size." "Ma
Read moreProgram Trading Fell Last Week On NYSE As Volume Drops
10th Jun 2010 16:08
DOW JONES NEWSWIRES Program trading fell last week on the NYSE Euronext's (NYX) New York Stock Exchange as total volume also declined in the holiday-shortened period. The daily program-trading volume average was 810.7 million shares, or 28% of the average total of 2.89 billion shares. Those
Read more4th UPDATE: UK To Probe Investment Banks' Equity-Raising Fees
10th Jun 2010 15:50
(Adds comment from the Association for Financial Markets in Europe.) By Vladimir Guevarra and Digby Larner Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s Office of Fair Trading put investment banks in its sights Thursday, saying it will launch an inquiry into how much they charge
Read morePRESS RELEASE: Moody's Investors Service Has Assigned The Rating Of Aa1/Vmig 1 To The Barclays Capital Inc. (MUNI. DERIV.) Floating Rate Trust Receipts, Series 2010-59B
10th Jun 2010 15:36
The following is a press release from Moody's Investors Service: NEW YORK, June 10, 2010 -- Moody's Investors Service has assigned the rating of Aa1/VMIG 1 to the Barclays Capital Inc. (Muni. Deriv.) Floating Rate Trust Receipts, Series 2010-59B. The long-term portion of the rating on the trust ce
Read morePRESS RELEASE: Moody's Investors Service Has Assigned The Rating Of Aa2/Vmig 1 To The Barclays Capital Inc. (MUNI. DERIV.) Floating Rate Trust Receipts, Series 2010-60B
10th Jun 2010 15:36
The following is a press release from Moody's Investors Service: NEW YORK, June 10, 2010 -- Moody's Investors Service has assigned the rating of Aa2/VMIG 1 to the Barclays Capital Inc. (Muni. Deriv.) Floating Rate Trust Receipts, Series 2010-60B. The long-term portion of the rating on the trust ce
Read morePRESS RELEASE: Moody's Investors Service Has Assigned The Rating Of Aa1/Vmig 1 To The Barclays Capital Inc. (MUNI. DERIV.) Floating Rate Trust Receipts, Series 2010-58B
10th Jun 2010 15:35
The following is a press release from Moody's Investors Service: NEW YORK, June 10, 2010 -- Moody's Investors Service has assigned the rating of Aa1/VMIG 1 to the Barclays Capital Inc. (Muni. Deriv.) Floating Rate Trust Receipts, Series 2010-58B. The long-term portion of the rating on the trust ce
Read morePRESS RELEASE: Moody's Investors Service Has Assigned The Rating Of Aa2/Vmig 1 To The Barclays Capital Inc. (MUNI. DERIV.) Floating Rate Trust Receipts, Series 2010-57W
10th Jun 2010 15:35
The following is a press release from Moody's Investors Service: NEW YORK, June 10, 2010 -- Moody's Investors Service has assigned the rating of Aa2/VMIG 1 to the Barclays Capital Inc. (Muni. Deriv.) Floating Rate Trust Receipts, Series 2010-57W. The long-term portion of the rating on the trust ce
Read morePRESS RELEASE: Moody's Investors Service Has Assigned The Rating Of Aaa/Vmig 1 To The Barclays Capital Inc. (MUNI. DERIV.) Floating Rate Trust Receipts, Series 2010-38B
10th Jun 2010 15:35
The following is a press release from Moody's Investors Service: NEW YORK, June 10, 2010 -- Moody's Investors Service has assigned the rating of Aaa/VMIG 1 to the Barclays Capital Inc. (Muni. Deriv.) Floating Rate Trust Receipts, Series 2010-38B. The long-term portion of the rating on the trust ce
Read morePRESS RELEASE: Moody's Investors Service Has Assigned The Rating Of Aaa/Vmig 1 To The Barclays Capital Inc. (MUNI. DERIV.) Floating Rate Trust Receipts, Series 2010-61B
10th Jun 2010 15:35
The following is a press release from Moody's Investors Service: NEW YORK, June 10, 2010 -- Moody's Investors Service has assigned the rating of Aaa/VMIG 1 to the Barclays Capital Inc. (Muni. Deriv.) Floating Rate Trust Receipts, Series 2010-61B. The long-term portion of the rating on the trust ce
Read more3rd UPDATE: UK To Probe Investment Banks' Equity-Raising Fees
10th Jun 2010 15:34
(Adds comment from the Investment Management Association.) By Vladimir Guevarra and Digby Larner Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s Office of Fair Trading put investment banks in its sights Thursday, saying it will launch an inquiry into how much they charge for equity
Read more2nd UPDATE: OFT Launches Inquiry Into Investment Banks
10th Jun 2010 11:46
(Adds comment from the British Bankers' Association.) By Vladimir Guevarra and Digby Larner Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s Office of Fair Trading took a sideswipe at investment banks Thursday, saying it will launch an inquiry into how much they charge for equity un
Read moreUPDATE: OFT Launches Inquiry Into Investment Banks
10th Jun 2010 11:03
(Adds background, analyst comment.) By Vladimir Guevarra and Digby Larner Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s Office of Fair Trading took a sideswipe at investment banks Thursday, saying it will launch an inquiry into how much they charge for equity underwriting and oth
Read moreKommunalkredit Austria Plans 2013 Government-Guaranteed Bond
10th Jun 2010 09:48
LONDON (Dow Jones)--Kommunalkredit Austria AG plans to offer a 2013, government-guaranteed bond via lead managers Barclays PLC, Bank of America Merrill Lynch, Erste Group Bank AG and Goldman Sachs Group Inc., one of the banks said Thursday. The deal is expected to price later Thursday subject to
Read moreMARKET TALK: UK OFT To Study Equity Underwriting
10th Jun 2010 08:20
0720 GMT [Dow Jones] The UK Office of Fair Trading plans to undertake a market study into equity underwriting and associated services. In 2009, companies raised an estimated GBP70B of equity capital in the UK, says Seymour Pierce, paying an estimated GBP2B in fees for equity underwriting and associa
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