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Cisco Systems 07-16 04:01 GMT  
(Report with Analyst's Data Sheet) 
Last week Cisco Systems agreed to acquire Acacia Communications for $2.6 billion in cash. Acacia designs and manufactures high-speed optical interconnect...
Another Mid-Sized Deal by Dave Novosel, CFA
OAO METALLOINVEST 07-16 03:54 GMT  
(Report with Analyst's Data Sheet) 
Business is going well for Metalloinvest (METINR). After what can be described as a good year in 2018, when the company managed to cut its net leverage...
Bonanza by Alexandre Dray
Levi Strauss 07-16 03:38 GMT  
(Report with Analyst's Data Sheet) 
Not long after Levi Strauss & Co. (LEVI) accomplished an initial public offering this Spring, Trump administration rhetoric about tariff protection reached a...
Tariff Talk by Kim Noland
Edison International 07-16 03:13 GMT  
(Report with Analyst's Data Sheet) 
Threats of rating downgrades may not have helped PG&E avoid bankruptcy, but they seem to have galvanized the California legislature to pass a law,...
Ratings Power And Power Ratings by Carol Levenson, CFA
Marfrig Global Foods SA, BRF S.A. 07-15 03:12 GMT  
(Report with Analyst's Data Sheet) 
As we pointed out in our last review on the potential merger of Marfrig Global Foods S.A. (MRFGBZ) and BRF S.A. (BRFSBZ),...
No More Merger by Cedric Rimaud, CFA
CIGNA 07-15 03:11 GMT  
(Report with Analyst's Data Sheet) 
Cigna Corporation's (CI) share price spiked (and its bond spreads tightened) last week, after the Trump administration dropped a plan that would have prevented...
Rebate Relief by Kathleen Shanley, CFA
Olin 07-12 19:57 GMT
(Comment)
Late yesterday, Olin Corporation (OLN) priced $750 million of 5.625% senior notes due 2029 with the net...
New Financing by Evan Mann, CFA
Late yesterday, Olin Corporation (OLN) priced $750 million of 5.625% senior notes due 2029 with the net proceeds to be used to pay down amounts outstanding under its term loan and receivables facilities. This refinancing transaction occurred two days after the company announced a downward revision to its previous second quarter and 2019 guidance. When OLN releases second quarter results on July 31, it looks for adjusted EBITDA of $200-210 million, down from $325 million in the year ago period and down from the $270 million posted in the first quarter. The company noted that caustic soda prices decreased 3% from the first quarter, down more than it had expected. In addition, Chlorine and chlorine derivative sales to certain customers were lower than planned and results for Epoxy were hurt $10-15 million related to lingering customer issues from a first quarter storage terminal fire in Houston as well as lower European production and weaker European demand in general. We will revise our projections are review our recommendation shortly.
Bombardier 06-28 19:17 GMT
(Comment)
Earlier this week, Bombardier (BBD/B) announced the sale of its Canadian regional jet program (CRJ)...
Asset Sale by Evan Mann, CFA
Earlier this week, Bombardier (BBD/B) announced the sale of its Canadian regional jet program (CRJ) to Mitsubishi Heavy Industries for $550 million in cash and the assumption of $200 million of CRJ debt. The company will retain the CRJ production facility in Mirabel, Québec as it will continue to supply components and spare parts and complete the current CRJ backlog on behalf of MHI, anticipated to run through the second half of 2020. Closing of this transaction (expected in the first half of 2020) will mark the completion of the BBD/B's aerospace business transformation. This action follows the sale of the Business Aircraft training business last November, the pending mid-year divestment of the Q Series Aircraft, the recently announced plan to seek a buyer for its Belfast and Morocco Aerostructures facilities to right-size this segment's global manufacturing footprint, and consolidation of all its Aerospace segments into one fully-integrated Aviation business. With the transformation complete, going forward the company's focus will be on its global rail and business jet businesses. We will update our projections and review our recommendation and rating shortly.
See In the News section for recent quotes from Gimme Credit Analysts!

Klabin 07-10 
AbbVie 06-25 
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Jul 12, 2019 | WSJ Pro
EM on LyondellBasell: Second quarter guidance
Jul 12, 2019 | Bloomberg
DN on Shale Activists Landslide Win at EQT hasn't Swayed Moody's -Q- ..."our view is that the current spreads do not accurately reflect the credit metrics..."
Jul 12, 2019 | IFR/Reuters
CL on PBM bonds tighten as Trump Administration drops rebate proposal -Q- "I would not have expected big moves in spreads, but bonds are following the stocks today, I guess..."
Jul 10, 2019 | MarketWatch
KS on Deutsche Bank -Q- "Deutsche Bank has come out saying they can cover the AT1 coupon payments, but there is a certain amount of skepticism around if they can deliver on what they are promising"
Jul 3, 2019 | WSJ Pro
KN on Rite Aid: Long Road
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