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Brooks Brothers arranges $250 million TD Bank credit facility

2015-01-06 20:00:43| Apparel - Topix.net

New York Brooks Brothers Group Inc. has selected the Asset Based Lending Group of TD Bank as the joint lead arranger in a $250 million credit facility. The amount of TD's commitment and terms of the financing were not disclosed.

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6 January 1873: Credit Mobilier of America scandal investigated

2015-01-06 11:46:45| Railroads - Topix.net

In the 1860s, the United States government directed the Union Pacific Railroad Company to build and run a railway across the country. The company's vice president, Thomas Durant, didn't see much profit in running the service, but he and Massachusetts congressman Oakes Ames did see opportunity elsewhere.

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Morningstar Gives "BBB+" Credit Rating to Kellogg Company

2015-01-02 22:55:01| Agriculture - Topix.net

Kellogg Company has been given a "BBB+" credit rating by analysts at Morningstar . The firm's "BBB+" rating indicates that the company is a moderate default risk.

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A-B and Purina credit unions merge

2015-01-02 18:56:20| Beverages - Topix.net

Purina Credit Union, with $48 million in assets and 3,800 members, becomes a division of the Anheuser-Busch credit union, with $1.4 billion in assets and about 115,000 members. "One of our core strategic goals is managed growth so we can continue to provide our members with superior products, enhanced services, and long-term value," Dave Osborn , CEO of Anheuser-Busch Employees' Credit Union, said in a statement.

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Kimberly Clark Corp Assigned A Credit Rating

2015-01-02 17:56:28| Paper - Topix.net

Kimberly Clark Corp has been given an "A" credit rating by analysts at Morningstar . The firm's "A" rating suggests that the company is a low default risk.

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