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Five deals in US HY market as issuers rush in ahead of holiday
ReutersBy Joy Ferguson NEW YORK, May 21 (IFR) - Five new deals launched in the US high-yield market on Tuesday as issuers rush in ahead of the extended holiday weekend. "It'll be a sprint to Memorial Day," said one syndicate manager. So far, the heavy...Tags: Prices, Goldman Sachs Group, Inc., Credit and Debt, Dynegy Incorporated, Holidays
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European shares hold below peaks, await Fed reassurance
ReutersLONDON, May 21 (Reuters) - European shares held below multi-month peaks on Tuesday, with investors unwilling to push the market higher without reassurance that the U.S. Federal Reserve remains committed to equity-friendly stimulus policies. Such stimulus...Tags: Federal Reserve Bank of Chicago, Ben Bernanke, Economy, Business and Finance, Finance, Money and Monetary Policy
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Rubber bullets fired at South African mine strikers, several hurt
ReutersCAPE TOWN (Reuters) - Ten striking South African miners were taken to hospital on Tuesday after being hit by rubber bullets, police said, as labour strife spread ahead of mid-year pay negotiations. As well as the violence at a chromium mine, the National...Tags: Lonmin Plc, Shootings, Work Relations, Cape Town (South Africa), Robin Williams
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Let BGE investors pay for higher costs
In reference to the article, "BGE seeks rate increase on heels of last case" (May 17), BGE should be run like any other company. Every other company has to pass some of the cost to the stockholders, reducing quarterly earnings, for instance. I would...
Tags: Martin O'Malley
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Five US high-grade deals emerge ahead of BoJ, Bernanke
ReutersBy John Balassi NEW YORK, May 21 (IFR) - Five diverse US high-grade deals were making the rounds in the US primary market on Tuesday, even as secondary corporate spreads weakened as investors turned cautious before the conclusion of the Bank of Japan...Tags: Aon PLC, Bonds, Deutsche Bank AG, National Rural Utilities Cooperative Finance Corporation
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$7 million penthouse sells at One Thousand Ocean in Boca
Sun SentinelThe One Thousand Ocean luxury condominium in Boca Raton has sold a unit for $7 million, its third penthouse deal since March. “The Sky” features 4,628 square feet, plus two terraces that add 2,343 more square feet. It comes with a private...Tags: Real Estate, Condos, Services and Shopping
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REUTERS SUMMIT-Brazil to improve bidding terms for investors in railways
Reuters(For other news from Reuters Latin America Investment Summit, click on http://www.reuters.com/summit/LatinAmerica13) BRASILIA, May 21 (Reuters) - Brazil will improve bidding terms for investors interested in building railways, including a high speed...Tags: Railway Industry, Auction Service, Railway Transportation, Transportation, Economy, Business and Finance
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Brazil cenbank keeps hawkish tone ahead of rate decision
ReutersBRASILIA (Reuters) - Brazil's central bank chief Alexandre Tombini said on Tuesday that policymakers will do whatever is necessary to bring down inflation, maintaining a hawkish tone ahead of next week's monetary policy decision. Speaking to lawmakers at...Tags: Financial Markets, Brazil, Inflation and Deflation, Money and Monetary Policy, Foreign Exchange Market
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Pension gaps at not-for-profit U.S. hospitals growing -Moody's
ReutersWASHINGTON, May 21 (Reuters) - The pension gap at U.S. not-for-profit hospitals is growing, according to a Moody's Investors Service report released on Tuesday that found the low interest rate environment is contributing to the shortfall. Moody's said...Tags: Northwestern Memorial Hospital, Economy, Business and Finance, Interior Policy, Moody's Corporation, Financial Markets
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Miami-Dade lawmakers approve $1.6 bln sewer-lawsuit deal
Reuters* Deal seen requiring unpopular water rate hikes * County to pay $1 million civil penalty * County lawmakers pull back from big sewer bond issuance By Zachary Fagenson May 21 (Reuters) - Florida's Miami-Dade County on Tuesday promised to spend $1.6...Tags: Judges, Justice System, Laws, Crime, Law and Justice, Local Government
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WRAPUP 2-Fed officials dampen talk of imminent bond buying cutback
Reuters(Updates with more market reaction) * New York Fed's Dudley says bond buying could increase or decrease * St. Louis Fed's Bullard says inflation too low to taper bond buying By Jonathan Spicer and Paul Carrel NEW YORK/FRANKFURT, May 21 (Reuters) - Two...Tags: Inflation and Deflation, Economic Policy, Money and Monetary Policy, Central Bank, Career and Workplace
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BOJ may seek to ease bond market jitters, policy seen on hold
Reuters* No policy action expected after massive April stimulus * BOJ may fine-tune market operations to stem bond rout * Strong GDP may prompt BOJ to revise up economic view * BOJ decision due 12:30-14:00 Wednesday, 0330-0500 GMT * Gov Kuroda to brief press...Tags: Tokyo (Japan), Japan, Inflation and Deflation, Shinzo Abe, Money and Monetary Policy
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