Sara Lee
’SC Johnson vies for Sara Lee unit
SC Johnson & Son has joined the bidding for Sara Lee’s air-freshener business, potentially creating a formidable player in Europe’s household-care products business, reports the WSJ. Bidding for the unit,
CDS report: Traders fail to be inspired by equity market rally
This CDS report was written by Markit’s Gavan Nolan
Credit markets proved resistant to bullish sentiment in the equity markets today and continued to widen. Credit investors have been taking profits after the recent rally and didn’t see yesterday’s widening as an opportunity to take long risk positions.
