Sub-Saharan countries have raised nearly $7 billion this year, more than in all of 2013, and yields on many bonds have fallen, even with the Ebola outbreak.
Standard General, a behind-the-scenes player on Wall Street, has landed at the center of visible corporate turnaround efforts for RadioShack and American Apparel.
The Atlanta Hawks’ hiring of the investment banks comes nearly two months after the basketball franchise’s majority owner drew criticism for remarks about the team’s black fans.
For Apple, greater China has been one of its fastest growing markets for iPhone sales, so the company wants to more than double its presence there.
Woodalls Design has designed a new office space in Covent Garden, London for creative agency Bulletproof. Bulletproof is a creative branding, packaging and visual communication agency with offices in London, New York and Singapore. Continued expansion meant that they had to move in London and their new space in Covent Garden provided an excellent opportunity to create a workspace in line with the way they work. As a close knit team with a culture of restless energy priding themselves on their intuitive and entrepreneurial nature they wanted a mix of open plan offices balanced with team spaces that allow them to work in close proximity to each other. …
The new offer values Chiquita at about $680 million and comes on the eve of a special shareholder vote on Chiquita’s plan to acquire an Irish rival, Fyffes, in an inversion deal.
The budding social network Ello is reincorporating as a public benefit corporation whose charter forbids it from using ads or selling user data to make money.
At an investment conference, Scott A. Mather, who now oversees Pimco’s Total Return Fund, defends its outsize holdings in European government bonds and other high-yielding securities.
Scott A. Mather, who now oversees Pimco’s Total Return Fund, emphasized that there would be no changes to the firm’s view that interest rates would remain low in a weak global economy.
The slowing growth of K.K.R.’s private investments reflected the trajectory of the public stock markets, which have leveled out in recent months after soaring last year.
The bank reported third-quarter adjusted profit of $89 million, or 67 cents a share, exceeding analyst estimates compiled by Standard & Poor’s Capital IQ.