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Fitch: Masco's Ratings Unaffected by Shareholder Friendly Initiatives
2014-10-01 12:54:55| Furniture - Topix.net
Masco announced the spin-off of 100% of its Installation and Other Services businesses into an independent, publicly traded company through a tax-free stock distribution to Masco shareholders. This business had $1.4 billion of revenues in 2013 and $66 million of EBITDA.
Tags: friendly
ratings
initiatives
shareholder
Fitch Solutions: LBO Talk Sends Computer Sciences' CDS Out 81%
2014-10-01 11:13:56| IT Services - Topix.net
NEW YORK, September 30 Talk of a possible leveraged buyout has sent credit default swap spreads for Computer Sciences Corporation to its widest level in nearly two years, according to Fitch Solutions in its latest CDS Case Study Snapshot. Five-year CDS on Computer Sciences widened 81% yesterday.
Tags: computer
talk
solutions
cds
Judge rejects settlement over Abercrombie & Fitch CEO pay
2014-09-30 00:36:32| Apparel - Topix.net
A federal judge rejected a settlement of a lawsuit challenging longtime Abercrombie & Fitch Co. Chief Executive Michael Jeffries' pay, saying it offered little benefit to shareholders despite "serious" allegations of wrongdoing.
Tags: pay
ceo
judge
settlement
Investors Purchase High Volume of Abercrombie & Fitch Co. Call Options
2014-09-27 08:07:19| Apparel - Topix.net
Abercrombie & Fitch Co. saw unusually large options trading on Friday. Stock investors acquired 4,863 call options on the stock, AnalystRatingsNetwork.com reports.
Tags: high
options
call
purchase
Fitch Affirms U.S. Steel's IDR at 'BB-'; No Impact from U.S. Steel Canada Filing
2014-09-19 03:42:28| Steel - Topix.net
A full list of rating actions follows at the end of this release. On Sept. 16, 2014, U.S. Steel Canada Inc., an indirect wholly owned subsidiary of U.S. Steel, applied for relief from its creditors under Canada's Companies' Creditors Arrangement Act.
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