Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Interxion Holding N.V. Madrid, January 17, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Interxion Holding N.V. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
InterXion (INXN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
New Strong Buy Stocks for December 23rd
NEW YORK, Feb. 04, 2020 -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: Gardner Denver Holdings, Inc. (NYSE: GDI)The.
Lyft's (LYFT) rental-car service is available to select customers in the Bay Area and Los Angeles. It is free of additional charges in terms of mileage or refueling costs.
Digital Realty (NYSE: DLR) is reminding InterXion (NYSE: INXN) shareholders to tender their shares before the close of business on Friday, March 6, 2020. InterXion shareholders will only be eligible to receive the Digital Realty first-quarter dividend if enough shareholders tender their shares by Friday such that the minimum condition is met. In addition, InterXion shareholders who do not tender will generally be subject to a 15% Dutch withholding tax.1 Finally, the tender offer technically expires at 12:01 a.m. EDT on Monday, March 9, 2020, or one minute after midnight on Sunday night / Monday morning. However, since the Depository Trust Company and the exchange agent are closed on Saturday and Sunday, practically speaking, shareholders need to tender before the close of business in New York on Friday, March 6, 2020. No guaranteed delivery procedures apply.
Digital Realty's (DLR) $557-million portfolio sale to Mapletree Investments and Mapletree Industrial Trust in line with its strategy of self-funding growth and diversifying equity-capital sources.
New Strong Buy Stocks for December 26th
2018's fourth quarter was a rough one for investors and many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing the […]
Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, announced today its shareholders approved all proposals related to the previously announced pending combination with InterXion (NYSE: INXN), a leading provider of carrier- and cloud-neutral colocation data center services in Europe.
New Strong Buy Stocks for December 13th
Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, announced today that 64,732,624 shares of InterXion (NYSE: INXN), representing approximately 83.3% of InterXion's outstanding shares on a fully-diluted and as-converted basis, were validly tendered and not withdrawn prior to the expiration of the initial offering period at 12:01 a.m. EDT on March 9, 2020. As a result, the minimum condition for the exchange offer has been satisfied, and all validly tendered shares have been accepted. All closing conditions related to the completion of the post-offer reorganization have now been satisfied.
Moody's Investors Service, ("Moody's") has assigned Baa2 senior unsecured ratings to Digital Dutch Finco B.V.'s three note issues that are guaranteed by its parent Digital Realty Trust, L.P. ( senior unsecured debt rating of Baa2) and its parent Digital Realty Trust, Inc. (preferred stock rating of Baa3, 'Digital Realty' or 'the REIT'). Digital Dutch Finco B.V. is an indirect, wholly owned finance subsidiary of Digital Realty Trust, L.P., a Maryland limited partnership for which Digital Realty Trust, Inc. is the sole general partner.
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Facebook (FB) faces penalty of $1.6 million from Brazil's Ministry of Justice for improperly sharing user information, per Reuters report.
Is InterXion Holding NV (NYSE:INXN) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after […]
Moody's Investors Service, ("Moody's") has today withdrawn the B1 corporate family rating (CFR), the B1-PD probability of default rating (PDR), the B1 rating on the E1.2 billion senior unsecured notes due 2025 and the ratings under review outlook of Interxion Holding N.V. ("Interxion" or "the company"). At the time of withdrawal, the ratings were on review for upgrade following the announcement that Digital Realty Trust, Inc. (Baa2 stable) had agreed to acquire Interxion, for an enterprise value of around USD8.4 billion. Moody's has decided to withdraw the ratings because Interxion's debt previously rated by Moody's has been fully repaid.
Digital Realty's (DLR) presence in key European markets is likely to strengthen on its combination with InterXion.
Having sold his entire interest of roughly $3 billion in Uber (UBER), the company's co-founder Travis Kalanick plans to exit from the board to focus on his new business venture.