Investment professionals from Western Asset Management Company, a Legg
Mason, Inc. affiliate, participated in a quarterly update to discuss
their views on the current market and provide their outlook for 2014.
- $2.8 billion sale price includes ownership interest in 11 power plants and Duke Energy Retail Sales - Closing expected late 2014 or early 2015
- Transaction expected to be accretive by 2016 CHARLOTTE, N.C. , Aug.
By Jennifer Booton, MarketWatch
NEW YORK (MarketWatch) -- As investors steady themselves for the release of Apple's latest generation iPhone this September, analysts from Morgan Stanley say there is no need to fret about this product cycle.
International stocks trading in New York closed lower on Friday, with the Bank of New York index of American depositary receipts falling 0.5% to 154.87. The European index declined 0.5% to 150.78, the Asian index slipped 0.4% to 153.65, the Latin American index fell 1.3% to 305.34 and the emerging markets index dropped 0.4% to 309.76. Among the companies with shares that actively traded was Vodafone Group PLC (VOD, VOD.LN).
Vodafone said it has agreed to acquire a majority stake in Greek telecommunications operator Hellas Online for EUR72.2 million ($97 million) in cash, expanding its position in the southern European country.
By Victor Reklaitis and Carla Mozee, MarketWatch
NEW YORK (MarketWatch) -- U.S. stocks closed mostly lower on Friday, with the S&P 500 pulling back from Thursday's record close as Ukraine-Russia worries ramped up again.
NeuStar Inc. (NSR), which provides technology and clearinghouse services to telecommunications providers and Internet service providers, is considering putting itself up for sale, Reuters reported Friday on its website, citing people familiar with the matter.
Sign-up for - INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Skilled Healthcare Group, Inc. and Its Board of Directors In Connection With the Sale of the Company to Genesis Healthcare -- SKH investment picks
Devices, Inc. (NASDAQ: ADI ),
a global leader in high-performance semiconductors for signal processing
applications, today announced that David Zinsner, Vice President,
Finance and CFO, and Ali Husain, Director of Investor Relations, will
speak at the Citi Global Technology Conference on Wednesday, September
3, 2014 at 2:45 p.m. Eastern time.
Among the companies with shares expected to actively trade in Friday's session are Aeropostale Inc. (ARO), Ann Inc. (ANN) and Dynegy Inc. (DYN).
Aeropostale forecast a wider-than-expected loss for the current quarter, which includes the crucial back-to-school season, as the struggling teen-apparel retailer continues to try to stem declining sales.
Entertainment (OTC Pink: NTEK ),
a pioneer in bringing state-of-the-art television experiences to
consumers, announced today that it has entered into an exclusive
partnership with Iron Dragon Productions.
Arcos Dorados Holdings Inc. (NYSE:ARCO) (“Arcos Dorados” or the
“Company”), Latin America’s largest restaurant chain and the world’s
largest McDonald’s franchisee, will participate at the upcoming Deutsche
Bank Global Emerging Markets One-on-One Conference, to be held in New
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