High yield investors flee from the European junk bond market as funding costs increase. (Photo : reuters) This is an image of investors instenely watching the stock market.
Investors
Petrobras sells African interests to Banco BTG
Petrobras is selling off half of its African operations of Petroleo Brasiliero SA. (Photo : Reuters)The image is the facade of the corporate headquarters of Brazilian oil conglomerate Petrobras.
No plans for sovereign market return - Rwanda
The country of Rwanda has no plans to go back into the sovereign debt market after its successful debut last April.
US Regulators: Deutsche Bank Terribly Undercapitalized
According to US banking regulator Thomas Hoenig, Deutsche Bank's capital levels are horrible and that the bank is the worst on a list of banks worldwide.
Mitsubishi Motors to build plant in Indonesia
Plans to boost capacity in Indonesia would be reached through the construction of a new Mitsubishi Motors plant in the country.
Latest News
Amidst the investigation against several top officials, Wal-Mart's board votes for James Cash as new Lead Director.
Bank of Japan sets purchase ceiling of 140 billion yen for J-REITS. (Photo : Reuters)The image is a Japanese flag flying high. The Bank of Japan will be purchasing an increasing number of Japanese real estate investment trusts beyond its current purchase scheme.
Dole's shareholders sue the company's board to stop it from accepting a deal offered by the company's top executive.
Dish Network is confronted with additional US$1.2 billion cost from taking Sprint Nextel Corp. (Photo : Reuters )Dish Network Corp. 's Chairman Charlie Ergen dismissed speculation his surprise $2.
OCI Partners LP filed an IPO valued at US$480 million with the US regulators on Friday. (Photo : Reuters)The image is an industrial gas plant depot. OCI Partners LP, a strategic methanol and ammonia plant in Texas, filed an initial public offering priced at US$480 million with the US regulators.
Trinseo SA withdrew its proposed US$400 Million initial public offering on Friday. (Photo : Reuters)The image shows a division of a plastic factory. Plastic manufacturer Trinseo SA said on Friday that it had decided to withdraw its proposal for an initial public offering.
Sources state that Cinven is in exclusive discussions with Germany-based CeramTec priced at Eur1.5 billion.
International Automotive Components announced its IPO filing valued at US$115 Million with BofA Merrill Lynch, JP Morgan and Deutsche Bank Securities as its underwriters.
According to sources, Hellman & Friedman is set to interview banks next week to choose underwriters for the said IPO.
