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7 banks found to help Enron disguise debt
From Wire ReportsWASHINGTON - Seven major investment banks gave Enron Corp. multimillion-dollar loans that helped the now-bankrupt company disguise its financial condition, and in some cases, they knew that Enron was using deceptive accounting for the loans, a Senate...Tags: Jim Bunning, WorldCom Incorporated, Investment Service, Peter Murphy, Stock Market
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Graff upbeat on $1 bln IPO despite market slump
Reuters* Company plans to price IPO on Thursday * Hong Kong benchmark share index down 9pct since early May By Denny Thomas HONG KONG, May 27 (Reuters) - London luxury jeweller Graff Diamonds has seen "tremendous interest" for its Hong Kong IPO of up to $1...Tags: Asia, Initial Public Offerings, Morgan Stanley Dean Witter & Company, Weather Reports, Stock Market
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Graff upbeat on $1 billion IPO despite market slump
ReutersHONG KONG (Reuters) - London luxury jeweler Graff Diamonds has seen "tremendous interest" for its Hong Kong IPO of up to $1 billion, which is entering its final stretch in the shadow of a global stock market rout. Famous for its giant and rare gems,...Tags: Asia, Initial Public Offerings, Morgan Stanley Dean Witter & Company, Weather Reports, Stock Market
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UPDATE 2-Graff braves volatile markets with $1 bln IPO
Reuters* Price range indicated at HK$25-HK$37/share - sources * To offer $850 mln new shares, $150 mln in existing stock * Offering will value jeweller at $3 bln-$4 bln By Elzio Barreto HONG KONG, May 18 (Reuters) - Luxury jeweller Graff Diamonds, famous for...Tags: Asia, Michael Kors, Morgan Stanley Dean Witter & Company, Prada, Samsonite
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Argentina's Petersen Group in default-US SEC filing
ReutersBUENOS AIRES, May 18 (Reuters) - Petersen Group has been declared in default of loans it took out to help buy a stake in Argentine oil company YPF, and been ordered to repay what it borrowed immediately, a U.S. regulatory filing shows. Credit Suisse...Tags: Argentina, BNP Paribas, Brazil, Companies and Corporations
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UPDATE 1-Graff braves volatile markets with $1 bln HK IPO
Reuters* Price range indicated at HK$25-HK$37/share - sources * To offer $850 mln new shares, $150 mln in existing stock By Elzio Barreto HONG KONG, May 18 (Reuters) - High-end jeweller Graff Diamonds is forging ahead with an initial public offering to...Tags: Morgan Stanley Dean Witter & Company, Prada, Samsonite, Deutsche Bank AG, Earnings Forecasts
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CS names Stine co-head of Americas FIG group-memo
ReutersBy Soyoung Kim NEW YORK, May 17 (Reuters) - Credit Suisse Group AG has named veteran investment banker Craig Stine co-head of its Americas financial institutions group, alongside Neil Carragher, according to an internal memo to staff that was obtained by...Tags: Capital One Financial Corporation, Finance, The Carlyle Group, CapitalSource Inc., Business Institutions
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Brazil iron ore startup Manabi files to sell stock
ReutersRIO DE JANEIRO, May 16 (Reuters) - Brazil's Manabi SA, an iron ore startup which wants to build a mine, pipeline and port, said Wednesday that its board has applied to the Brazilian securities regulator for approval to sell stock in Brazil, Canada and the...Tags: Bobsleigh, Bank of Montreal, Eike Batista, Companies and Corporations
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UPDATE 1-Graff to seek HK nod for $1 bln IPO on May 3 - sources
Reuters* Luxury diamond retailer moves closer to HK IPO * No timetable set for pre-marketing up to $1 bln IPO-sources * London-based Graff seeks Q2 listing HONG KONG, May 2 (Reuters) - Graff Diamonds, a high-end jeweller based in London, will seek approval...Tags: HSBC Holdings plc, Morgan Stanley Dean Witter & Company, Oprah Winfrey, China, Hong Kong
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UPDATE 3-Carlyle IPO raises unimpressive $671 million
Reuters* Sells 30.5 mln units at $22 per unit * Carlyle's valuation was already conservative * Alternative asset management stocks difficult to value By Greg Roumeliotis and Olivia Oran NEW YORK, May 2 (Reuters) - Private equity firm Carlyle Group LP...Tags: Georgetown, Bank of America Corp., Finance, Dunkin' Brands, Financing and Stock Offerings
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UPDATE 4-Carlyle IPO raises unimpressive $671 million
Reuters* Sells 30.5 mln units at $22 per unit * Carlyle's valuation was already conservative * Alternative asset management stocks difficult to value By Greg Roumeliotis and Olivia Oran NEW YORK, May 2 (Reuters) - Private equity firm Carlyle Group LP...Tags: Georgetown, Prices, Bank of America Corp., Finance, Dunkin' Brands
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FACTBOX-Foreign firms that have set up brokerage JVs in China
ReutersMay 4 (Reuters) - China has agreed to allow foreign financial firms to hold up to 49 percent of its Chinese brokerage joint venture, up from 33 percent currently, a senior U.S. official said on Friday. The following is a list of foreign firms that have...Tags: Restructuring and Recapitalization, Morgan Stanley Dean Witter & Company, Singapore, China, Goldman Sachs
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May 27, 2012
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