New York-based PepsiCo (NYSE:PEP), the international food, beverage, and snack company I’m sure you’re all familiar with, recently had its corporate credit rating downgraded by S&P. It’s been lowered to A from A+.
[Read more...]Telefonica SA (NYSE:TEF) – May Get Offered an “Unprecedented Deal”
March 11, 2010 By Leave a Comment
Forbes’ recently released list of billionaires shows a Latin America telecom owner at the top of the list, and also a Brazilian, Eike Batista, cracking the top 10 at number eight. It gives you the distinct impression that there’s something in those markets worth looking into. One colleague who is intimately familiar with the Spanish-speaking and Brazilian telecommunications market in Latin America is financial editor Jim Nelson of the Lifetime Income Report. Today he issued an urgent announcement on how more Brazilian mobile customers could be falling into Madrid-based Telefonica’s (NYSE:TEF) lap.
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National Grid (NYSE:NGG) — Special Dividend for US Shareholders
National Grid (NYSE:NGG), an international electricity and gas company operating in the United Kingdom and Wales, is raising funds for infrastructure investment. Interestingly, the execution is going to impact US and UK investors differently. Jim Nelson, editor of the Lifetime Income Report, explains below.
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