
credit rating on Dex One to 'CC' from 'CCC+'. The rating outlook is negative. -- We are also lowering our issue-level ratings on Dex Media East Inc.'s, Dex Media West Inc.'s, and R . H . Donnelley Inc.'s term loans to 'C
R . H . Donnelley isn't very sexy, but it is very profitable.
For a man who led his company into bankruptcy, and back out again, David C. Swanson probably won’t have to worry about solvency for while. Swanson, of course, has been chief executive of Dex One (DEXO), the yellow-pages company previously known as R . H . Donnelley Corp., for the last eight years, and chairman for about half that [...]
and below (46% of assets) of its typical peer, including a slew of recently defaulted issues such as publishers R . H . Donnelley and Idearc. While investing in distressed companies can be rewarding, recovery rates are under pressure in this
problem. The team remains slow to sell when a holding's prospects continue to deteriorate. This was the case with R . H . Donnelley and Washington Mutual in 2008, and it was seen again in 2009 with CIT. This has led to painful losses in 2007 and
tendency helps shield the portfolio from unpleasant surprises, such as the troubles facing phone directory publisher R . H . Donnelley and the bankruptcy of General Motors GM (two names in the portfolio as of late). The fund lost less ground than
After reassessing our take on Yellow Pages publishers Idearc IAR and R . H . Donnelley RHD, we have decided to maintain our current fair estimates for each but to raise our uncertainty rating for them. Our thesis
We're placing our fair value estimates for Idearc IAR and R . H . Donnelley RHD under review as we revisit our assumptions.
On Thursday, directory publishers R . H . Donnelley RHD and Dex Media reported fourth-quarter results. For the quarter, RHD generated publication sales (a non-GAAP figure that
After months of consideration, Sprint FON reached an agreement Sunday to sell its directory business to R . H . Donnelley RHD for $2.23 billion. The sale will give Sprint, Inc. cash to pay down debt--especially important as the