Search results for "private equity"



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Wedbush Securities Welcomes Investment Banker Robert Rogowski as Managing Director, Private Client Services Investment Banking

LOS ANGELES, Nov. 21, 2014-- Wedbush Securities, one of the nation's leading award-winning financial services providers, welcomes Robert Rogowski to its Private Client Services Group as its newest Managing Director, Private Client Services Investment Banking. Working from the Wedbush Securities office in Seattle, he will report to Wesley Long, Executive Vice...
Source: Globe Newswire
BDCA Makes Direct Originated Investment in Icynene, a Maker and Distributor of Spray Polyurethane Foam Insulation

NEW YORK, Nov. 21, 2014/ PRNewswire/-- Business Development Corporation of America, a business development company primarily focused on senior debt investments in middle market private companies, closed on a direct originated transaction for Icynene U.S. Acquisition Corp. as borrower, to be used as acquisition financing for a transaction involving Icynene...
Source: PR Newswire
Fitch Affirms ConAgra's IDRs at 'BBB-/F3'; Outlook Stable

CHICAGO---- Fitch Ratings has affirmed the ratings for ConAgra Foods, Inc. and its subsidiary, Ralcorp Holdings, Inc. as follows:. Leverage Reduction Modestly Slower than Expected: ConAgra's ratings reflect the company's elevated leverage following the Jan. 29, 2013 primarily debt-financed acquisition of Ralcorp for $6.8 billion, including assumed debt.
Source: Business Wire
Royal Caribbean Cruises Ltd. and Ctrip Announce Joint Venture through SkySea Cruises

SHANGHAI, Nov. 21, 2014/ PRNewswire/-- Royal Caribbean Cruises Ltd. and Ctrip.com International Ltd. today announced that they have agreed to form a strategic partnership through SkySea Cruises, a joint venture which is designed to serve the Chinese cruise market. "We look forward to working with Ctrip, a Chinese travel leader, to build a national cruise line for...
Source: PR Newswire
A.M. Best Revises Outlook to Negative and Affirms Ratings of The Wawanesa Mutual Insurance Company

Best has revised the outlook to negative from stable and affirmed the financial strength rating of A+ and the issuer credit rating of" aa-" of The Wawanesa Mutual Insurance Company. Best has affirmed the FSR of A and the ICR of" a" of Wawanesa Mutual' s two subsidiaries: Wawanesa General Insurance Company and The Wawanesa Life Insurance Company. Weather-related...
Source: Business Wire
American Apparel Appoints Chelsea A. Grayson as General Counsel

LOS ANGELES---- The Board of Directors of American Apparel, Inc., a vertically-integrated manufacturer, distributor, and retailer of branded fashion-basic apparel, today announced the appointment of Chelsea A. Grayson as Executive Vice President, General Counsel, and Secretary of the Company, effective as of December 15, 2014. Chelsea Grayson has more than 15...
Source: Business Wire
Former $1B star Fab may be sold for just $15M

Fab.com is expected to sell for between $15 million and $50 million, TechCrunch reported, citing multiple sources with knowledge of the situation.
Source: CNBC.com | By: Karma Allen
UPDATE 2-Dow Chemical, Dan Loeb settle board debate

Nov 21- Dow Chemical Co averted a proxy fight with Dan Loeb's hedge fund, Third Point LLC, by agreeing to add four independent directors to its board, sending its shares up as much as 4.5 percent. The company has agreed to add to the board two Third Point nominees- former Foster Wheeler AG CEO Raymond Milchovich and Steve Miller, the non-executive chairman of AIG.
Source: Reuters
Fitch Rates Vermont Student Assistance Corporation Series 2014-B

NEW YORK---- Fitch rates Vermont Student Assistance Corporation, education loan revenue bonds series 2014- B as follows:. High Collateral Quality: The trust will be collateralized by approximately $28 million of private and $38 million of Federal Family Education Loan Program student loans. The FFELP loans are guaranteed by eligible guarantors and...
Source: Business Wire
Cincinnati Financial Corporation Declares Regular Quarterly Cash Dividend

CINCINNATI, Nov. 21, 2014/ PRNewswire/-- Cincinnati Financial Corporation announced that, at today's regular meeting, the board of directors declared a 44- cents- per-share regular quarterly cash dividend. The dividend is payable January 15, 2015, to shareholders of record as of December 17, 2014. About Cincinnati Financial Cincinnati Financial Corporation...
Source: PR Newswire