Author: Devin Weiss

Pipeline operator, Kinder Morgan Energy Partners L.P. (KMP) recently announced that it will divest certain assets for $3.3 billion to Tallgrass Energy Partners, LP. The sale includes Kinder Morgan Interstate Gas Transmission,...

Caribou Coffee Company Inc. (CBOU) recently entered into a partnership with grocery giant Jewel-Osco to expand its presence in one of its key markets, Chicago. The deal is in line with the company’s strategy to expand...

Energy utility Wisconsin Energy Corporation (WEC) announced that its unit We Energies is planning to convert the 280 MW, coal fired Valley Power Plant generation unit to natural gas. The primary reason for such a conversion is...

U.S. health insurerAetna Inc. (AET) signed an agreement to acquire Coventry Health Care Inc. (CVH) for $7.3 billion. The purchase consideration also included takeover of the latter’s debt. Per the agreement, shareholders...

Ameren Corporation’s (AEE) subsidiary, Ameren Missouri, seeking to reduce the weighted average interest rate and enhance the maturity profile of its debt, issued tender offer for four series of outstanding senior secured...

The Cheesecake Factory Inc. (CAKE) opened a Cheesecake Factory restaurant at The Dubai Mall on August 16. The new 13,851 square feet Dubai restaurant can accommodate 300 guests. This new unit, opened in association with the...

Consistent with its expansion activity, Hyatt Hotels Corporation (H) recently announced the opening of the hotel – Hyatt Regency Chongqing – under its Hyatt Regency Brand. The opening marks the debut of Hyatt Regency...

Digital River, Inc. (DRIV) recently improved its Partner Management Solution by adding even more business-to-business (B2B) capabilities to its Global Commerce enterprise system. B2B companies can now use this cloud-based...

Gold miner Kinross Gold Corporation (KGC) recently announced that it has arranged for a new term loan and amended its existing unsecured revolving credit facility. The company has procured a three-year term loan worth $1 billion...

We maintained our Neutral recommendation on W.W. Grainger Inc. (GWW), given the slowdown in sales, margin headwinds and the entry of Amazon.com Inc. (AMZN) in the maintenance, repair & operations (MRO) space....