The News Review:
- REFILE-TREASURIES-Bonds rise after decent 2-year auction
- Hedge fund Atalaya buys Creative Loafing in bankruptcy auction
- Tsys Prices Rise Following Satisfactory 2-Yr Auction
- Arts Briefly Music Theater to Hold Auction
REFILE-TREASURIES-Bonds rise after decent 2-year auction
Reuters
Treasury debt pricesedged higher on Tuesday as decent demand at an auction oftwo-year notes appeared to bode well for auctions later in theweek. The government’s $42 billion sale of two-year notes didnothing to unnerve investors worried about the burgeoningnational debt and suggested to some that foreign buyers wouldshow stronger demand at auctions of five- and seven-year debtin the next two days. Foreign and institutional investors showed robust demandtaking nearly half of the issue above their average of about39 percent over the last year.
Hedge fund Atalaya buys Creative Loafing in bankruptcy auction
Bizjournals.com
Bankruptcy Court judge Caryl E. Delano said she would wait until Tuesday’s auction to decide if Atalaya could use its creditor position to bid for the chain against a newly formed partnership with Eason and another hedge fund creditor.
Related from Managementmonster: Raptor Hedge Fund to Close After Losses
Tsys Prices Rise Following Satisfactory 2-Yr Auction
Wall Street Journal
–>UPDATE: Tsys Prices Rise Following Satisfactory 2-Yr Auction ArticleCommentsmore in. ) NEW YRK (Dow Jones)–An unremarkable auction of two-year notes nevertheless lifted government bond prices Tuesday afternoon as healthy demand from big buyers helped allay investors’ concerns about the desirability of U. Though it wasn’t a buying frenzy the $42 billion sale at least fared better than last month’s disappointment. Prices of Treasury securities rose across the board after the auction on the growing conviction that buyers particularly the biggest customers in Asia are developing a preference for longer-dated paper.
Arts Briefly Music Theater to Hold Auction
New York Times
css); Arts Briefly – Music Theater to Hold Auction – NYTimes. once the region’s largest nonprofit theater said its property and assets would be sold at a foreclosure auction The Salem News reported. The theater which opened in 1955 announced in June that it was unable to raise enough money to finance its summer season and was shutting down facing debts of about $10 million. David Fellows the theater’s former chairman told The Salem News that its board of trustees had turned the property and assets over to Citizens Bank including three buildings — a theater in the round a restaurant and an education center — as well as costumes lighting and sound equipment. Fellows said that the bank was in the process of foreclosing on the theater’s two mortgages which total about $5.