Author: Devin Weiss

Following ample receipt of binding commitments, Sunoco Logistics Partners L.P. (SXL) announced plans to move ahead with the phase 1 of the Permian Express pipeline project. The binding season is still on and will close on...

Navistar International Corporation (NAV) and China-based truck maker Anhui Jianghuai Automobile Co. Ltd. (“JAC”) are happy, as they have received the green light from China’s National Development and Reform...

SANW: Expanding into dormant alfalfa By Ian Gilson, CFAS&W Seed (SANW) has purchased the rights to a portfolio of dormant alfalfa seeds that are suited to colder climates. The company’s current product mix is more...

In order to refinance an earlier debt, American Financial Group Inc. (AFG), has issued notes worth $125 million. The notes bear an interest rate of 5.75% and are scheduled to mature on August 25, 2042. However, the company will...

PSS World Medical, Inc. (PSSI), a medical supplies and equipment distributor to office-based physicians, recently extended its relationship with Minnesota Multistate Contracting Alliance for Pharmacy (MMCAP). In this regard,...

The Federal Reserve has approved SunTrust Banks Inc.’s (STI) capital deployment plan for the remainder of this year. The company had re-submitted its capital plan in June as a part of the Comprehensive Capital Analysis and...

Education Realty Trust, Inc (EDR), a real estate investment trust (REIT), recently closed financing of $53.6 million for the construction of a third-party student housing development on the Mansfield University campus in...

On Wednesday, American Capital Ltd. (ACAS) announced the completion of the refinancing of its total recourse debt. The secured debt is being refinanced by a new 4-year $600 million institutional term loan facility with a LIBOR...

Nokia Corporation (NOK) plans to partner with Verizon Communication Inc. (VZ) to sell new Lumia phones based on Microsoft Corporation’s (MSFT) Windows phone8 operating system. If the two giants do collaborate, it will be...