Morrison Prices GBP400 Million 2026 3.5% Bond at 99.310
U.K. supermarket chain Wm. Morrison Supermarkets PLC (MRW.LN) has priced it 400 million pound ($625.42 million) bond at 175 basis points over gilts, one of the banks running the deal said Wednesday. BNP Paribas SA, Lloyds Banking Group PLC and Santander GBM were the lead managers on the deal. The
U.S. Housing Starts Rise 6.9% In June
Construction on new U.S. homes in June rose 6.9% to an annual rate of 760,000, the highest level since October 2008, but building permits fell slightly, the Commerce Department reported Wednesday.
AT&T Unveils Shared Wireless Data Plans
AT&T Inc. (T) unveiled the details of its long-awaited new wireless data plan structure, which allows customers to share data among multiple users and devices, but users won't be required to adopt the new options.
Honeywell 2Q Profit Surges 11.7%, Topping Estimates
Honeywell's second-quarter profit beat analysts' forecasts on stronger U.S. demand for building-control systems and specialty chemicals. The company also raised the low end of its full-year profit forecast by 5 cents.
Mobile Devices Keeps Driving ASML
Dutch semiconductor equipment maker ASML Holding NV (ASML.AE) Wednesday said booming sales of mobile handsets and tablet PCs will ensure steady sales of its chip-making machines in the months ahead, despite a heavy drop in profit in the second quarter.