Leveraged loan funds saw an outflow for the week ending November 25. The quantum of outflows was $742.0 million last week—up from $306.2 million in the previous week.
Leveraged loans funds saw the ninth straight week of outflows for the week ended September 23. The outflows totaled $257.6 million, compared to net outflows of $350.4 million in the previous week.
Last quarter, Facebook introduced the “Conversion Tracking” tool. lt measures the impact that online ads have on in-store purchases, specifically for retailers.
JANA’s share sale also comes a day after Civeo announced that the firm faces a gloomy 2015. The company cut its financial projections due to a steep decline in oil prices.
PetSmart (PETM) is a specialty pet goods retailer. On December 14, PETM announced its leveraged buyout, or LBO, by an investor group. The investor group is led by BC Partners.
Taminco is the world’s largest integrated producer of alkylamines and alkylamine derivatives. Taminco currently operates in 23 countries with eight production facilities.
PetSmart announced a broad cost-reduction strategy that will target all areas of the business. The company said it expects to realize savings before the end of fiscal 2015.
Paulson & Co. was founded in 1994 by John Paulson. Unconfirmed sources say the firm posted a 14% loss in its event-driven Paulson Advantage fund in October.
PetSmart believes its key competitive advantage lies in the fact that it’s an exclusive provider of the “widest assortment of proprietary and exclusive products and services.”
Based on 2013 net sales of $6.9 billion, PetSmart is North America’s leading specialty provider of products, services, and solutions for the lifetime needs of pets.
