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Press Releases

Syngenta & ChemChina Transaction: Update on Regulatory Process

BASEL, Switzerland---- Syngenta and ChemChina today announced that the EU review of ChemChina’ s acquisition of Syngenta will enter Phase II with effect from 31 October. The regular duration of Phase II is up to 90 working days. The companies intend to continue constructive discussions with the EU authorities in order to conclude the review as early as possible.

Source: Business Wire

Arçelik Recognized as World Leader for Corporate Action on Climate Change for the Second Time

ISTANBUL, October 28, 2016/ PRNewswire/--. Arçelik A. Ş. is the only company to have achieved this in its industry in Turkey. 193 "A Listers" appear on the list, which has been produced at the request of 827 investors with assets of US $100 trillion.

Source: PR Newswire

Refrigerated Cabinet – Market Trends and Forecasts: Technavio

LONDON---- Technavio’ s latest report on the global refrigerated cabinet market provides an analysis on the most important trends expected to impact the market outlook from 2016-2020. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline. Abhay Sinha, a lead analyst from...

Source: Business Wire

UPDATE 3-Hershey profit beats estimates on U.S. demand, lower ad spending

*Raises full-yr profit forecast to $4.28- $4.32/ shr. Hershey's North America sales, which account for about 85 percent of total sales, rose 1.8 percent to $1.76 billion in the third quarter ended Oct. 2. Hershey is introducing new products to overcome weak demand in North America due to changing consumer tastes and growing competition.

Source: Reuters

Fitch Upgrades 2 Classes of CSFB 2005-C5

NEW YORK---- Fitch Ratings has upgraded two and affirmed 11 classes of Credit Suisse First Boston Mortgage Securities Corp. series 2005- C5, commercial mortgage pass-through certificates. Fitch modeled losses of 20.3% of the remaining pool; expected losses on the original pool balance total 6.0%, including $151.3 million in realized losses to date.

Source: Business Wire

China limits bond issuance by property firms - newspaper

BEIJING, Oct 28- China's property developers will not be allowed to issue bonds to raise money for land purchases, a Chinese newspaper reported on Friday, in an attempt to cool a property frenzy in the world's second-largest economy. The Shanghai Stock Exchange has issued a letter to bond underwriters to thoroughly investigate how property developers would...

Source: Reuters

Sorry, but the economy's growth spurt isn't going to last

A look under the hood shows that the U.S. is likely stuck in the same growth trap in which it has found itself since the Great Recession ended.


Fitch Affirms Arbor Multifamily Lending, LLC's CMBS Servicer Ratings

NEW YORK---- Fitch Ratings has affirmed the following ratings for Arbor Multifamily Lending, LLC:. --Commercial primary servicer rating at' CPS2';. Arbor, a subsidiary of Arbor Realty Trust, Inc., became the successor Servicer to Arbor Commercial Mortgage, LLC as a result of an asset sale that occurred in July 2016.

Source: Business Wire

Fitch Affirms MSBAM 2013-C8

CHICAGO---- Fitch Ratings has affirmed 13 classes of Morgan Stanley Capital I, commercial mortgage pass-through certificates, series 2013- C8. A detailed list of actions follows at the end of this report. As of the October 2016 remittance, the pool's aggregate principal balance has been reduced by 17.7%.

Source: Business Wire

Global Propylene Market to Witness Growth Through 2020, Owing to Increased Use in Construction, Furniture, And Automotive Sectors: Technavio

This was followed by Europe with approximately 20% share. APAC is the largest propylene-consuming market, with emerging economies like China, India, and Japan. APAC Europe North America ROW.

Source: Business Wire