NEW YORK, April 30- Apple Inc came to market Tuesday with what could turn out to be the largest non-bank bond sale in history, as the U.S. computer giant seeks funding to return capital to restless shareholders.
NEW YORK, April 30- Apple Inc came to market Tuesday with what could turn out to be the largest non-bank bond sale in history, as the U.S. computer giant seeks funding to return capital to restless shareholders.
April 30- Deutsche Bank AG:. *S&P Capital IQ raises target price to 40 euros from 35 euros. For a summary of rating actions and price target changes on European companies: Reuters Eikon users, click on RCH/ EUROPE Reuters 3000 Xtra users, double-click RCH/ EUROPE Reuters Station users, click. 1580.
NEW YORK, April 30- Apple Inc came to market Tuesday with what could turn out to be the largest non-bank bond sale in history, as the U.S. computer giant seeks funding to return capital to restless shareholders.
U.S. stock market index futures hovered around the flatline Tuesday, a day after the S&P 500 logged a fresh closing high, as investors weighed a batch of weak corporate earnings against a better-than-expected S&P/Case-Shiller home price report.
NEW YORK, April 30- Apple Inc opened order books Tuesday on a six-part all-dollar bond offering, coming to market with what could turn out to be the largest non-bank debt sale in history. Apple is planning to offer three-year and five-year fixed and floating-rate notes, as well as 10- year and 30- year fixed-rated notes via Deutsche Bank and Goldman Sachs.
*Announces six-part bond offering in US dollars- SEC filing. *Bond offering includes two tranches of floating rate notes due 2016 and due. *Goldman Sachs and Deutsche Bank securities are joint book-running managers.
Fitch Ratings says that Deutsche Bank AG reported solid profits in Q113, typically a seasonally strong quarter, aided by cost control. The additional capital and the announced issuance of up to EUR2bn additional Tier 1 and Tier 2 instruments will be positive for senior creditors as Deutsche Bank's loss absorption capacity will improve materially.
LONDON/ MILAN, April 30 Fitch Ratings says that Deutsche Bank AG reported solid profits in Q113, typically a seasonally strong quarter, aided by cost control.
DEUTSCHE BANK Indicated 2.3 percent higher. Separately, the chairman of Monte dei Paschi di Siena said on Monday a lawsuit by the Italian bank against Nomura and Deutsche Bank over loss-making derivatives deals is well founded. Related news DEUTSCHE BOERSE Indicated 0.4 percent higher.
April 30- Deutsche Bank AG:. *Credit Suisse raises target price to 35 euros from 32 euros. Reuters Station users, click. 1580.
FRANKFURT, April 30- Deutsche Bank on Tuesday said it raised 2.96 billion euros by selling 90 million shares at 32.90 euros each.
April 30- Deutsche Bank AG:. *Natixis raises to buy from neutral. Reuters Station users, click. 1580.
FRANKFURT, April 30- Deutsche Bank co-Chief Executive Anshu Jain said the capital measures announced on Monday would be sufficient to help Germany's flagship lender meet stricter bank safety rules, although some of these rules are not yet finalised. On Monday, Deutsche Bank said it would beef up its balance sheet with a 2.8 billion euro capital increase.
NEW YORK, April 30 U.S. prime money market fund exposure to Eurozone banks declined in March 2013, likely reflecting investor concerns over recent events in Italy and Cyprus, according to Fitch Ratings.
Shares in Deutsche Bank are seen rising 3.3 percent to the top of Germany's blue-chip DAX index, according to pre-market data, as several brokers upgrade the stock following solid quarterly results and news of a planned capital increase.
*Deutsche Bank, Germany's largest bank, moved Monday to address criticism that it has too thin a cushion against risk, announcing that it planned to issue $3.65 billion in new stock to increase its capital reserves.
April 30- The following are the top stories in the Wall Street Journal. *The Service Employees International Union is locked in battle in California with an unusual opponent- another union- even as organized labor has withered in the U.S.