Author Archives: Lisa Jimenez

The Travelers Companies Share Climbs On Robust Earnings

The Travelers Companies, Inc. (NYSE:TRV) today reported that due to severe tornados and hail storms the company met up with a huge loss in its 2nd-quarter. Travelers Cos., a casualty insurer company of auto, home and business property said that … Continue reading

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Hertz Global Holdings, Inc. (NYSE: HTZ) Acquires Donlen for $250 Million

Hertz Global Holdings, Inc. (NYSE:HTZ) along with Donlen Corporation has entered into a definitive agreement stating the former to acquire Donlen. The Board of directors from both the companies have consented the abovementioned transaction and also by the stockholders of … Continue reading

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ABB plans to acquire Trasfor Group

On Tuesday July 12, 2011 ABB Ltd (ADR) (NYSE:ABB), an eminent manufacturer of dry-type transformers and inductors for low-voltage and medium-voltage applications has enrolled itself into an agreement in order to accomplish its acquisition of the Trasfor Group. As of … Continue reading

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FleetCor Technologies Signs $900 Million Credit Facility

FleetCor Technologies, Inc. (NYSE:FLT) made an announced of entering into a new five year of $900 million credit facility with Bank of America as the administrative agent for this new agreement and Merrill Lynch, J.P. Morgan and Wells Fargo as … Continue reading

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PNC to Buy Royal Bank of Canada’s U.S. retail operations

On Monday the PNC Financial Services Group Inc. informed that it is acquiring the U.S. retail operations of Royal Bank of Canada for $3.45 billion. RBC Bank (USA) is based in Raleigh, N.C., and it has 424 branches and about … Continue reading

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