Anonymous sources
Wall Street Journal
Nabors Ex-CEO Waives Right to $100 Million - Wall Street Journal
But a person close to the situation said any donations would be significantly less than $100 million. Analysts were surprised in October during an earnings conference call at which Mr. Isenberg delivered a presentation with long, awkward pauses, ...
Xstrata Investors May Balk at Glencore Deal - Wall Street Journal
According to a person familiar with the matter, each Xstrata share will be exchanged for at least 2.8 shares of Glencore. The terms would give Glencore shareholders more than 55% of the combined company, expected to be called "Glencore Xstrata.
Aristotle Holding Launches $3.5 Billion Bond Sale-Source - Wall Street Journal
... NEWSWIRES NEW YORK (Dow Jones)--Aristotle Holding Inc., a unit of pharmacy benefits manager Express Scripts, Inc. (ESRX), is again issuing debt to fund the acquisition of Medco Health Solutions Inc., a person familiar with the matter said Monday.
National Bank Of Canada Sells US$600M Of Covered Bonds To US Market - Wall Street Journal
T) sold US$600 million of triple-A-rated covered bonds in the US credit markets Monday, according to a person familiar with the deal. The deal is a reopening of a $1.4 billion, 2.20% coupon deal maturing in October 2016. The bonds were priced to yield ...
Goldman Courts Rivals For Stake In Trading Tech Group As Spin-Out Looms - Wall Street Journal
The financial terms are still being negotiated, though investments from outside firms would stay with REDI and not go to Goldman, a person familiar with the matter said. Goldman intends to retain a significant stake in the firm, the person said, ...
Some European Banks Shun ECB Loans - Wall Street Journal
The goal of the FSA, shared by other European regulators, was to promote broad use of the facility and reduce any stigma associated with borrowing, said people familiar with the matter. A number of top British banks, including Barclays, ...
Kimberly-Clark Issuing $300M 10-Year Notes In US Market-Source - Wall Street Journal
(KMB) plans to issue a $300 million bond sale of 10-year notes to the US credit markets Monday, according to a person familiar with the deal. The bonds are anticipated to be rated A2 by Moody's Investors Service and an equivalent A by Standard & Poor's ...
Griffiths Energy Withdraws Planned Initial Public Offering - Wall Street Journal
The energy company, focused on oil and gas exploration in the Republic of Chad, failed to price its C$300 million (US$302 million) IPO in late December, people familiar with the matter told Dow Jones at the time, but Griffiths had said it still ...
Lufthansa Drops Search For IT Partner For Now - Wall Street Journal
... help it reduce costs and provide it with a global sales network. Lufthansa talked to International Business Machines Corp. (IBM), Hewlett-Packard Co. (HPQ) and Tata Group about a possible IT partnership, according to a person familiar with the matter.
India Official: Aim to Shrink Next Year Budget Gap - Wall Street Journal
"We need to get back into fiscal consolidation, and this [fiscal] year's slippage has primarily been due to piling subsidies," said the official, who asked not to be named. India had targeted a budget deficit of 4.6% of gross domestic product this ...
India Eases Currency Trading Limits for Some Banks - Wall Street Journal
The treasury head of a private-sector bank, who declined to be named, said the Reserve Bank of India has eased limits on the so-called daylight positions as well as unhedged foreign currency positions that his bank can hold overnight.
Banks' Offices Shrink - Wall Street Journal
Now UBS, which is trying to figure out how to manage its hodgepodge of office spaces, is looking to shed several large blocks of space, including 110000 square feet at 101 Park Ave., according to people familiar with the matter.
Ford Dealers Made Average Profit of $642000 in 2011 - Wall Street Journal
Three dealers, who attended the meeting, confirmed the figure but declined to be identified since they don't officially speak for the company. "We had a steady flow of customers all year and many who are buying want the heated seats, want the hands ...
PepsiCo, Coke to Update Investors - Wall Street Journal
PepsiCo directors have identified John Compton, head of Americas foods, Europe chief Zein Abdalla and Chief Financial Officer Hugh Johnston as internal front-runners to eventually succeed Mrs. Nooyi, said a person familiar with the matter.
Dexia Heads To Next Life As French Near a Deal - Wall Street Journal
A stumbling block remains the price of Dexma, which the government has valued at €380 million, a price deemed too high by CDC and La Banque Postale, the people familiar with the matter said. Another hurdle is the fate of Dexia's more than 1300 ...
Pressure Mounts on BOJ to Weaken Yen After US Criticism of Intervention - Wall Street Journal
Mr. Yamaguchi "poured gasoline into the fire," a government official said Friday, adding, "political frustrations with the BOJ have been growing." As Japan's export-led economic rebound loses steam owing to flagging overseas demand and export-damaging ...
Goldman Cuts Blankfein's Bonus - Wall Street Journal
About 50 partners left the firm last year after much lower attrition in 2010 and 2009, said a person familiar with the matter. Partners earn a base salary of $900000, along with bonuses that are paid mostly in stock that can't be cashed in for five ...
Benefits and Barriers as Facebook's Friend - Wall Street Journal
According to a person close to DST, the stock-sale restriction was an unusual agreement made at Facebook's request because DST's large stock ownership in the social network could sway the stock price if sold all at once. Facebook declined to comment.
CREDIT MARKETS: Growth Prospects Spur Risk-Rally, Safe-Haven Selloff - Wall Street Journal
... the New York Fed is asking for bids on some $6 billion in RMBS from its Maiden Lane II portfolio, which it took on as part of the 2008 bailout of American International Group Inc., said an investor and a person close to the deal.
Another AIG Bond Sale Could Be in Offing Amid Rise in Risky Mortgage-Bond Trading - Wall Street Journal
... York Fed is asking for bids on some $6 billion in residential mortgage-backed securities from its Maiden Lane II portfolio it took on as part of the 2008 bailout of American International Group Inc., said an investor and a person close to the deal.
Euro-Area Finance Ministers To Meet When There Is Clarity On PSI - EU Spokesman - Wall Street Journal
Earlier EU officials who declined to be named indicated that a Eurogroup meeting tentatively planned for Monday in Brussels would be postponed because of difficulty securing a deal. "There is a crisis situation, meetings can be held in short notice.
Facebook and Zynga: Sharing Riches Isn't Always Easy - Wall Street Journal
Zuckerberg and Pincus—27 years old and 45 years old, respectively—generally view their companies' co-dependency as a positive development, the intertwined relationship has caused tension at times, people familiar with the matter say.
Hutchison Whampoa to Buy Orange Austria - Wall Street Journal
By ALISON TUDOR HONG KONG—Hong Kong conglomerate Hutchison Whampoa Ltd. agreed to buy Austria's third-largest mobile operator for about €1.3 billion (US$1.7 billion) including debt, according to people familiar with the matter, in a move that will ...
Swaps Contracts Seen Shrinking as New Rules Come - Wall Street Journal
By KATY BURNE Some dealers in the privately traded derivatives market are considering whether to offer interest-rate and credit-default swaps in small sizes as these markets evolve, according to people familiar with the matter.
This Adviser Enjoys Friends in High Places - Wall Street Journal
When Mr. Makan and his team left Goldman Sachs and moved to Morgan Stanley in 2008, he received a signing bonus of roughly $20 million, according to people familiar with the matter. The bonus was repayable as a loan over a period of several years, ...