PRESS RELEASE: Moody's Assigns A Definitive -2-
7th Jul 2010 16:56
$1,500 to approximately $2,500,000. MCO and MIS also maintain policies and procedures to address the independence of MIS's ratings and rating processes. Information regarding certain affiliations that may exist between directors of MCO and rated entities, and between entities who hold ratings from M
Read moreAmazon challenges Ocado with online grocery launch
7th Jul 2010 14:32
Online retailer Amazon, better known for selling DVDs, video games and books, has launched a grocery website in Britain. Amazon will compete with established websites run by Tesco, Sainsbury's and Ocado. The move comes as Ocado, which has a deal to deliver for Waitrose until 2020, gears up for a fl
Read moreUPDATE: Sainsbury Shares Soar On New Qatari Bid Rumors
7th Jul 2010 12:57
By Simon Zekaria Of Dow Jones Newswires (Rewrites. Adds QIA, analyst comment, detail.) LONDON (Dow Jones)--J Sainsbury PLC (SBRY.LN) shares soared Wednesday on renewed speculation that minority shareholder Qatar Investment Authority, or QIA, is preparing a bid for the U.K. supermarket gr
Read moreMARKET TALK:Berji Jucker Up On Carrefour Asset Buy Speculation
7th Jul 2010 06:30
0530 GMT [Dow Jones] Shares of Berli Jucker PCL (BJC.TH), a Thai consumer product manufacturer, surges as investors speculate company may join in buying Carrefour's assets in Thailand. "It's just speculation and the company hasn't confirmed it yet. So investors should be cautious," says analyst with
Read more3rd UPDATE: Leading Retailers Eye Carrefour SE Asia Assets - Sources
6th Jul 2010 12:09
By P.R. Venkat and Costas Paris Of DOW JONES NEWSWIRES SINGAPORE (Dow Jones)--Leading supermarket chains are interested in the assets of French hypermarket Carrefour SA (CA.FR) in Singapore, Thailand and Malaysia, two people with direct knowledge of the deal said Tuesday. "It's the big b
Read more2nd UPDATE:Leading Retailers Eye Carrefour SE Asia Assets-Sources
6th Jul 2010 11:57
(Adding response from AEON.) By P.R. Venkat and Costas Paris Of DOW JONES NEWSWIRES SINGAPORE (Dow Jones)--Leading supermarket chains are interested in the assets of French hypermarket Carrefour SA (CA.FR) in Singapore, Thailand and Malaysia, two people with direct knowledge of the deal
Read moreMARKET TALK: Tesco Bond Shows Sterling Fixed Rate ABS Demand
6th Jul 2010 10:26
0926 GMT [Dow Jones] Tesco's (TSCO.LN) GBP958.45M 2040 mortgage bond from its Property Finance program, which priced last week at 165 bps over gilts, "highlights the relatively higher appetite for public placement among sterling fixed-rate investors as compared to the traditional ABS investor base,"
Read moreUPDATE:Leading Retailers Eye Carrefour SE Asia Assets-Sources
6th Jul 2010 09:13
(Updates adding response from Tesco.) By P.R. Venkat and Costas Paris Of DOW JONES NEWSWIRES SINGAPORE (Dow Jones)--Leading supermarket chains are interested in the assets of French hypermarket Carrefour SA (CA.FR) in Singapore, Thailand and Malaysia, two people with direct knowledge of
Read moreUPDATE: Tesco, Big C, Dairy Farm, Japanese Supermarkets Keen On Carrefour SE Asia Assets -Sources
6th Jul 2010 07:52
(Adds background on Carrefour's European focus) By P.R. Venkat and Costas Paris Of DOW JONES NEWSWIRES SINGAPORE (Dow Jones)--Leading supermarket chains are interested in the assets of French hypermarket Carrefour SA (CA.FR) in Singapore, Thailand and Malaysia, two people with direct kno
Read moreTesco, Big C, Dairy Farm, Japanese Supermarkets Keen On Carrefour SE Asia Assets -Sources
6th Jul 2010 06:45
By P.R. Venkat and Costas Paris Of DOW JONES NEWSWIRES SINGAPORE (Dow Jones)--Leading supermarket chains are interested in the assets of French hypermarket Carrefour SA (CA.FR) in Singapore, Thailand and Malaysia, two people with direct knowledge of the deal said Tuesday. "It's the big b
Read moreTesco Survives Executive Pay Policy Revolt- The Guardian
3rd Jul 2010 13:00
LONDON (Dow Jones)--Retail company Tesco PLC (TSCDY, TSCO.LN) encountered the biggest shareholder revolt in 2010, when 47% of shareholders voted against its boardroom compensation policy or abstained, the Guardian in London reported Saturday, citing investors. Nearly one-third of shareholders
Read moreWalgreen To Sell Chilled Foods In Autumn Test
1st Jul 2010 22:23
By Veronica Dagher Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Walgreen Co. (WAG) will be conducting a test of chilled foods at up to 12 stores this fall in a bid to become a bigger player in the growing fresh food sector. Walgreen spokeswoman Tiffani Washington confirmed the test and s
Read moreMARKET TALK: Tesco CDS Underperform After Citi Comments
30th Jun 2010 16:29
1529 GMT [Dow Jones] Tesco (TSCO.LN) 5-year CDS are closing the day 5 bps wider at 91 bps, according to Markit, underperforming a tighter overall market. Citi says the company's accounting is "consistently aggressive" and Tesco "appears to be a much less profitable entity" if its accounting is made
Read moreTesco Sells GBP958.45M Commercial Mortgage Bond At Gilts +1.65
30th Jun 2010 15:27
LONDON (Dow Jones)--Tesco Property Finance 3 PLC has sold a GBP958.45 million senior, secured, fixed rate bond backed by a commercial mortgage loan, via joint bookrunners Goldman Sachs Group Inc. and HSBC Holdings PLC, one of the banks said Wednesday. The collateral for the loan is the leasehold
Read moreTesco 30-Yr Mortgage Bond Final Guidance Gilts +1.65
30th Jun 2010 12:10
LONDON (Dow Jones)--U.K. retailer Tesco PLC (TSCO.LN) has set final guidance on its planned 30-year, sterling-denominated, benchmark bond, backed by a commercial mortgage loan, at 165 basis points over gilts, a bank running the sale said Wednesday. Initial guidance was set in the area of 170 bas
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