Morrisons leaps after rejecting $7.6 bln private equity bid
Morrisons (MRW.L) shares surged as much as 35% on Monday on hopes that U.S. private equity firm Clayton, Dubilier & Rice (CD&R) might raise its proposed offer for the British supermarket group or flush out other bidders. Britain’s fourth-largest grocer by sales behind Tesco (TSCO.L), Sainsbury’s (SBRY.L) and Asda, said on Saturday that it had rejected a proposed 5.52 billion […]
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share
PennantPark Floating Rate Capital Ltd. the “Company” declares its monthly distribution for January 2021 of $0.095 per share, payable on February 1, 2021 to stockholders of record as of January 19, 2021. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported […]
Hilton Shares Turn Positive for 2020 on Hopes of Pent-Up Demand
Hilton Worldwide Holdings Inc., like most of the hotel industry, has had a terrible year. But by one metric, the company is faring well: its share price. The stock climbed Thursday, eking out a 0.3% gain for the year as investors bet that Covid-19 vaccines will unleash a surge of pent-up demand for lodging. The […]
