HALISTER1: Vancouver City Savings Credit Union - DBRS Rating Report

Vancouver City Savings Credit Union - DBRS Rating Report

Alert: HALISTER1
Source: DBR (Dominion Bond Rating Service)

Tickers
6722Z CN (Vancouver City Savings Credit Union)

People
Maria-Gabriella Khoury (DBRS Inc)
Sohail Ahmer (DBRS Inc)

Topics
Credit Analysis Research
Credit Research
Fixed Income Research
Investment Research
Issuer Focused Research

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: Deutsche Bank A.G. Conditional Pass-Through Structured Covered Bonds (Structured - Mortgages) - Rating Report

Deutsche Bank A.G. Conditional Pass-Through Structured Covered Bonds (Structured - Mortgages) - Rating Report

Alert: HALISTER1
Source: DBR (Dominion Bond Rating Service)

Topics
Asset Class Focused Research
Credit Analysis Research
Credit Research
Fixed Income Research
Investment Research

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: Brazilian Markets Showing Resilience Amid Reforms: Analysts

Brazilian Markets Showing Resilience Amid Reforms: Analysts

(Bloomberg) -- BRL and Brazil stock gains, DI rate drop reflect investor perceptions that govt will continue to push through fiscal reforms, analysts say.
  • Even if vote on spending cap bill is postponed until Feb., govt can manage budget, Rodrigo Borges, head of fixed income at Franklin Templeton Brasil, says in a phone interview
  • Low inflation and weak activity in short term will spur extended rate cutting cycle; lower rates, along with budget reforms and smaller corporate and household debt burdens in 2017 may fuel growth in 2018 of about 3%
    • Approval of new pension regime could help create a “virtuous cycle” in Brazil
  • Delay of spending cap bill wouldn’t be terrible, says Mauricio Oreng, senior strategist at Rabobank
    • Positive for market is that social security reform finally started to be discussed this week in the Congress
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Rodrigo Borges (Franklin Resources Inc)
Mauricio Oreng (Banco Rabobank International Brasil SA)

To de-activate this alert, click here

UUID: 7947283

HALISTER: Abbott Files Suit to Terminate $5.8b Purchase of Alere

Abbott Files Suit to Terminate $5.8b Purchase of Alere

(Bloomberg) -- Abbott filed suit to terminate its $5.8b purchase of Alere, citing setbacks since the deal was signed in January that it says have significantly eroded the value of ALR.
  • Suit filed in Delaware Chancery Court
  • “Alere is no longer the company Abbott agreed to buy 10 months ago,” Abbott spokesman Scott Stoffel said in a statement. “These numerous negative developments are unprecedented and are not isolated incidents brought on by chance.”
  • ALR annual meeting Dec. 8
  • NOTE: Nov. 3, Abbott Sues Alere for Violating Terms of $5.8 Billion Buyout
    • Aug. 26, Alere Sues Abbott to Force Completion of $5.8 Billion Deal
  • NOTE: Nov. 4, Alere’s Arriva Unit Medicare Enrollment Will Be Revoked by CMS
  • NOTE: Nov. 7, Alere Downside Estimate Cut to $32-$37 in Deal Break: Jefferies
  • NOTE: Sept. 29, Abbott, Alere Stalled Takeover Fight May Be Heard in January
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
ALR US (Alere Inc)
ABT US (Abbott Laboratories)

People
Scott Stoffel (Abbott Laboratories)

Topics
Delaware Chancery Court

To de-activate this alert, click here

UUID: 7947283

HALISTER1: Standard Chartered Sanctions Probe Said to Be in Final Stage

Standard Chartered Sanctions Probe Said to Be in Final Stage

Alert: HALISTER1
Source: BN (Bloomberg News)

Tickers
STAN LN (Standard Chartered PLC)

People
Cyrus Vance (New York County/NY)
Donald Trump (United States of America)
Eric Schneiderman (State of New York Office of the Attorney General)
Leslie Caldwell (United States Department of Justice)
Loretta Lynch (United States Department of Justice)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283