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TEXT-S&P rates Li & Fung's hybrid capital securities 'BBB'

2013-01-07 12:30:50| Logistics - Topix.net

Jan 07 - As announced on Nov. 1, 2012, Standard & Poor's Ratings Services that day assigned its 'BBB' long-term issue rating to a US$500 million U.S. dollar-denominated issuance of hybrid capital securities by Li & Fung Ltd.

Tags: rates capital securities hybrid

 

Topeka Capital Markets Reiterates Hold Rating, Raises PT on Worthington Industries

2013-01-05 16:04:29| Steel - Topix.net

In a report published Friday, Topeka Capital Markets reiterated its Hold rating on Worthington Industries , and raised its price target from $23.00 to $25.00. Topeka Capital noted, "Worthington Industries reported F2Q13 EPS results of $0.45 versus our estimate of $0.40 and consensus of $0.41 . Revenue results declined 6.5% sequentially, but ... (more)

Tags: rating capital hold industries

 
 

Brown Shoe Company Downgraded by BB&T Capital Mkts

2013-01-05 15:23:19| Footwear - Topix.net

Shares of Brown Shoe Company traded down 5.49% during mid-day trading on Friday, hitting $17.22. Brown Shoe Company has a 52 week low of $8.20 and a 52 week high of $19.64. The stock's 50-day moving average is currently $18.14. The company has a market cap of $738.6 million and a P/E ratio of 51.76. Brown Shoe Company last issued its quarterly ... (more)

Tags: company capital brown shoe

 

Regeneron Recommends Rejection of Mini-Tender Offer by TRC Capital Corporation

2013-01-05 14:58:23| Waste Management - Topix.net

Regeneron Pharmaceuticals, Inc. has been notified of an unsolicited "mini-tender" offer by TRC Capital Corporation to purchase up to 1 million shares, or approximately 1.06%, of the outstanding Regeneron common stock at a price of $161.25 per share.

Tags: offer capital corporation recommends

 

Barclays Capital Reaffirms "Equalweight" Rating on Time Warner Cable

2013-01-05 13:41:58| Telecom - Topix.net

's stock had its "equalweight" rating restated by equities researchers at Barclays Capital in a report issued on Friday.

Tags: time rating capital cable

 

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