Anonymous sources
Wall Street Journal (blog)
Kodak Switches Restructuring Lawyers - Wall Street Journal (blog)
The exact reason for the switch remains unclear, and a person familiar with the matter said Jones Day remains employed by Kodak in other capacities. Kodak is intent on avoiding bankruptcy, a person familiar with the matter said. ...
Enron, 10 Years After - Wall Street Journal (blog)
He asked not to be identified by name since, as he put it, “the Enron ghost has long tails, and I am still finding a high negative association with potential employers.” We will refer to him as Enron Executive. EE: I started in 1979 as one of the first ...
Dodgers Owner Gears up to Battle with Bingham - Wall Street Journal (blog)
McCourt hasn't filed suit over the matter, but people familiar with the matter say a court battle appears to be the most probable outcome. Bingham is working hard to limit its exposure. In April it asked a Massachusetts state judge to preemptively ...
Neuberger Berman Places Analyst on Leave - Wall Street Journal (blog)
30 on its website that Mr. Abbasi, a technology analyst at Neuberger Berman since 2005, is among individuals against whom investigators are pursuing charges, according to people familiar with the matter. The expected charges, which also are being ...
Delivery Plan Makes Google More Foe, Less Friend to Amazon - Wall Street Journal (blog)
Even back then, Amazon's Bezos believed Google could become a future competitor to Amazon, said a person familiar with the matter. Bezos, who was an early investor in Google, told his AdWords buying team not to talk to Google, this person said. ...
Zynga Targets $10 Billion Valuation in IPO - Wall Street Journal (blog)
When the company filed to go public in July, it was seeking to raise $2 billion with a valuation of $20 billion, people familiar with the matter said. The price level Zynga is now anticipating is also lower than an outside appraisal in August of over ...
AMR Pilots Union in Talks With Lazard - Wall Street Journal (blog)
An agreement has not been finalized, said people familiar with the matter. “We've talked to a number of firms, but we think Lazard is top notch,” Mr. Bates said in an interview. “The role will take on more importance now that we're in the bankruptcy ...
For Halyard Capital, A Back-And-Forth Tranzact-ion - Wall Street Journal (blog)
The deal fell between Halyard's equity commitment range of $15 million to $40 million and included a senior facility from Webster Bank, said people familiar with the matter. The deal leverages the company at less than 2.5 times earnings before interest ...
KKR Nears Deal for Capital Safety - Wall Street Journal (blog)
Deal Journal colleague Gregory Zuckerman reports that KKR is close to buying Capital Safety from Arle Capital Partners in a deal valued at about $1.1 billion, according to a person close to the matter. Capital Safety, of Red Wing, Minn., ...
Treasury Official To Travel To UAE, Israel To Discuss Iran Sanctions - Wall Street Journal (blog)
The finding doesn't freeze assets but it does notify anyone conducting any financial transaction with a designated entity of the risks entailed therein, something a senior administration official said Monday he thinks is going to “create a serious ...
BlueScope Halfway There On Raising - Wall Street Journal (blog)
In what has been a challenging market for fundraising, underwriters were left with an A$70 million shortfall, partly due to shareholder eligibility issues and the impact of an A$8.3 million placement, a person familiar with the matter said. ...
Politics Journal: As Parliament Meets, What About Manipur? - Wall Street Journal (blog)
A federal home ministry official, who asked not to be named, told IRT that the ministry had sent a message to the state government to try and break the blockade by sending in additional convoys carrying essential commodities and fuel, ...
MF Global Unloads Metals Investment to J.P. Morgan - Wall Street Journal (blog)
The deal will need to have the LME board's approval before it can be closed, a person familiar with the matter said. The deal is expected to be formally announced this week, the people said. JP Morgan already owns a 6.7% stake in the LME. ...
Gryphon Comes Up Short - Wall Street Journal (blog)
In yet another sign that it's not easy to find funding these days Down Under, Australia's Gryphon Minerals had to downsize its capital raising by 7% by lowering the price due to a lack of demand, a person familiar with the matter said. ...
White House Expects Showdown on Payroll Tax Break - Wall Street Journal (blog)
With the Senate vote, lawmakers are going to have to decide if they support a middle class tax cut “paid for by a small haircut from the wealthiest Americans,” an administration official said. If the Senate bill is defeated, and recent history shows it ...
US Designates Iran As 'Primary Money-Laundering Concern,' Sanctions Energy Sector - Wall Street Journal (blog)
It was last used on an entire jurisdiction in 2003, a senior administration official said during a conference call explaining the announcement. “It's the first time you can find anywhere of a complete laydown of all the illicit activity Iran currently ...
Pfizer Settlement Offers Window Into Pharmaceutical Industry Probe - Wall Street Journal (blog)
Pfizer will pay more than $60 million to settle alleged violations of the US Foreign Corrupt Practices Act, according to people familiar with the matter. The sum could have been higher had Pfizer not cooperated with the Department of Justice and the ...
Gryphon Minerals Taps Market For $63 Million - Wall Street Journal (blog)
Gryphon Minerals is seeking to raise A$63 million (US$63 million) with the proceeds mainly to go toward funding development of its flagship Banfora gold project in Burkina Faso, a person familiar with the matter told Deal Journal ...
Obama to Visit NH to Take on GOP Over Payroll Tax Break - Wall Street Journal (blog)
President Barack Obama will use a trip to New Hampshire on Tuesday to kick off an intense push for Congress to pass an extension of a payroll tax break that expires at the end of the year, a senior administration official said. ...
China's False Hope For Aussie Gas - Wall Street Journal (blog)
Chevron has been courting state-owned China National Offshore Oil Corp., known as Cnooc, over a deal to sell liquefied natural gas, or LNG, from its US$29 billion Wheatstone project in Western Australia state, a person familiar with the matter told ...
Bus Operator Ventura To Buy Grenda Transit - Wall Street Journal (blog)
Ventura emerged the winner from a competitive process which drew interest from a number of local and international parties, according to a person familiar with the deal. Existing Grenda Transit General Manager Peter Ayres will join the senior executive ...
Obama Turns to Autopen to Keep Government Running - Wall Street Journal (blog)
... out to sign legislation to keep the government from shutting down, so he'll sign the bill remotely by invoking a little-used mechanism that allows the White House to mechanically affix his signature to documents, an administration official said. ...
Fairfax Buyers Make A Quick Buck - Wall Street Journal (blog)
Goldman Sachs launched the deal as an underwritten transaction without sounding out investors ahead of time, a person familiar with the matter said. The shares sold within two hours of the deal being launched, a better outcome than underwriters were ...
Politics Journal: Battle for Uttar Pradesh Heats Up - Wall Street Journal (blog)
... once won by Rahul's great-grandfather, Jawaharlal Nehru, the party's presumptive heir spoke to an estimated gathering of about 50000 people, according to a Congress official who was present but refused to be identified, and “electrified the crowd. ...
Kicking the Tires on CSC: Could a Buyout Happen This Time? - Wall Street Journal (blog)
A bunch of private-equity firms including Blackstone and TPG Capital have done work around CSC recently, studying the feasibility of a buyout and talking to banks about financing, according to people familiar with the matter. ...