The Johnson & Johnson logo is displayed outside the company’s headquarters in New Brunswick, NJ Bloomberg News Johnson & Johnson on Thursday announced their top AAA credit ratings to borrow $ 7.5 billion in cheap financing for their acquisition of Momenta Pharmaceuticals, Inc. J&J, which makes drugs, consumables and medical …
Read More »Tesla plans a $ 780 million bond deal linked to vehicle leases, its first offer of its kind during the pandemic
Telsa Inc., after reporting a surprising second-quarter profit, plans to raise $ 779.53 million this week in the asset-backed bond market. The Palo Alto, California-based electric vehicle maker is offering eight classes of bonds to investors maturing in 2.7 years or less and most of which have the best AAA …
Read More »Microsoft shares pull back from record as sole analyst downgrades after strong quarter
Shares of Microsoft Corp. retreated from record levels on Thursday when an analyst downgraded the shares despite Wall Street’s general agreement that the software giant was well diversified to handle the challenges posed by COVID-19. Microsoft MSFT, -4.12% Shares fell to an intraday low of $ 204.42 and last lost …
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