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$MSCI said that it priced a private offering of $500MM aggregate amount of 4.750% senior notes due 2026 at an issue price of 100% to yield 4.750%. $MSCI intends to use the net proceeds for general corporate purposes, including, without limitation, buybacks of its common stock and potential acquisitions.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.