Feb. 9 (Bloomberg) -- Solar Capital Ltd. , which invests in companies with
junk-rated debt, priced its initial public offering at $18.50 a share, less
than the company sought. The IPO comes after U.S. companies from Imperial
Capital Group Inc. to FriendFinder Networks Inc. postponed or
The 0.8 percent decrease in stockpiles followed a revised 1.6 percent gain in
November that was the largest since July 2004, figures from the Commerce
Department showed today in Washington. Sales climbed 0.8 percent. A record
inventory drawdown last year has opened the door for
The 0.8 percent decrease in stockpiles followed a revised 1.6 percent gain in
November that was the largest since July 2004, figures from the Commerce
Department showed today in Washington. Sales climbed 0.8 percent. A record
inventory drawdown last year has opened the door for
The 0.8 percent decrease in stockpiles followed a revised 1.6 percent gain in
November that was the largest since July 2004, figures from the Commerce
Department showed today in Washington. Sales climbed 0.8 percent. A record
inventory drawdown last year has opened the door for
Feb. 9 (Bloomberg) -- The euro rose the most in almost a month versus the
dollar on speculation European officials meeting this week will agree to assist
Greece in tackling its budget deficit. Japan’s currency slid the most against
the euro in more than two months after a European Central
The amount of so-called distressed securities, or bonds yielding at least 10
percentage points above benchmark rates, fell to $117 billion from $250 billion
six months ago, according to Bank of America Merrill Lynch index data. The
market is pricing in a default rate of 0.3 percent in a year,
Lack of oxygen or hypothermia may have killed the stowaway, said a police
official at Narita, who asked not to be identified because of department
policy. The corpse of a man in jeans and other civilian clothes with no
identification was discovered on Feb. 7, the police official said
By Margaret Collins President Barack Obama on Feb. 1 called for a change in
government rules to allow adding annuities to 401(k) retirement plans. While
the annuities offer a steady stream of income in exchange for upfront payments,
the price for peace of mind may be higher fees and
Feb. 9 (Bloomberg) -- Investors in the lowest rated corporate bonds are looking
past concern that worsening government finances will derail the economy, paying
prices that imply the fastest drop in defaults in more than a decade. The
amount of so-called distressed securities, or bonds
Feb. 9 (Bloomberg) -- Richard Ziman and Timothy Callahan want to raise money in
the equity market after selling their real estate companies for a combined $12
billion before the property crash. Investors may balk at bankrolling their
return. Ziman, former chairman of Arden Realty Inc.,
The 0.8 percent decrease in stockpiles followed a revised 1.6 percent gain in
November that was the largest since July 2004, figures from the Commerce
Department showed today in Washington. Sales climbed 0.8 percent. A record
inventory drawdown last year has opened the door for
