Tag Archives: BB

Yields On New Leveraged Loans Tighten As Market Tilts Toward Issuers

By Steve Miller, Contributor

New-issue yields on U.S. leveraged loans continue to move in issuers’ favor as the market rebounds from a rocky June. Notably, the average spread at which BB loans have cleared the syndications market tightened to 4.61% last week from 4.76% the prior week, according to S&P Capital IQ/LCD. …read more

Source: FULL ARTICLE at Forbes Latest

Video: Mom arrested for helping kids vandalize cars with BB gun

By Zach Bowman

Susan Becker Arrested

Filed under:

There are any number of wholesome ways to bond with your brood. Teaching them the finer points of the drive-by shooting probably shouldn’t be one of them. That didn’t stop 43-year-old Susan Becker piling her two teenage children into a car along with another teenage friend, arming the lot with pellet and BB guns and encouraging her posse to fire on parked cars.

Becker bought the toys for her 13-year-old son and 15-year-old daughter, and a 15-year-old friend tagged along for the ride. All told, the team damaged at least 60 cars in and around Long Island as they fired from Becker’s minivan.

Police received reports from Islandia, Hauppauge and Commack communities, and some residents reported their windows smashed. Law enforcement used surveillance video to identify Becker’s minivan and arrested the woman for multiple crimes, including endangering the welfare of a child and criminal mischief. Watch the local news report below.

Continue reading Mom arrested for helping kids vandalize cars with BB gun

Mom arrested for helping kids vandalize cars with BB gun originally appeared on Autoblog on Sun, 28 Apr 2013 10:29:00 EST. Please see our terms for use of feeds.

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Source: FULL ARTICLE at Autoblog

NY mom accused of letting teens shoot BB gun out of car

A New York mom is accused of encouraging her teenagers to shoot the windows out of parked cars with a BB gun as she drove, MyFoxNY.com reports.

Susan Becker, 43, of Long Island was arrested Friday.

Suffolk County police say Becker bought a BB gun and gave it to her children. They say Becker’s 15-year-old daughter, her 13-year-old son and another teenage boy fired the BB gun as she drove, according to MyFoxNY.com.

Police are investigating more than 60 reports of damage to car windows in the Islandia, Hauppauge and Commack areas over the past two weeks.

Becker was arraigned Saturday on charges including criminal mischief and endangering the welfare of a child.

Click for more from MyFoxNY.com.

From: http://feeds.foxnews.com/~r/foxnews/national/~3/7EBH9VUUQik/

NY woman told teens to shoot BBs from car, prosecutors say

Prosecutors have arraigned a Long Island woman arrested on charges she encouraged her teenagers to shoot the windows out of parked cars with a BB gun as she drove.

Newsday reports Saturday bail was set at $30,000 for Susan Becker. On Friday, police charged the forty-three-year-old with 10 counts of criminal mischief and 11 counts of endangering the welfare of a child.

Police say Becker’s 15-year-old daughter, her 13-year-old son and another teenage boy fired the BB gun as she drove.

Police are investigating more than 60 reports of damage to car windows in the Islandia, Hauppauge and Commack areas over the past two weeks.

Becker’s next court date is Tuesday. The newspaper reports her legal aid lawyer says she has no criminal record.

From: http://feeds.foxnews.com/~r/foxnews/national/~3/q_3HWKNNXYU/

awk & zcat not working together

By siramitsharma

I have a tar file which i want to read and check some specific fields basis on which i want to get output.
Code

Code:


zcat samplefile.tar.gz | awk 'FNR==1 {++counter}
counter ==1 {BB[$1]=1;next}
substr($0,26,2)!="02") {next}
(substr($0,28,12) ~ "^[A-Z,a-z]") {next}
(substr($0,184,3) in BB) {next}
1
' bb.txt


bb.txt
1234
5678

samplefile.tar.gz:
000000000000003255816850602YD-MTSBAL 519131689141165735 1120120901213655201209032136550000000001132005060000000001 405891364839056 2377 00000000000004294967040405899136999995

000000000000005255817273002919875129904 119132018104840216 1120120901213658201209032136580000000000033000160000000000405891742168097 161A 12283000032014294967040405899136999995

Need output as
000000000000005255817273002919875129904 119132018104840216 1120120901213658201209032136580000000000033000160000000000405891742168097 161A 12283000032014294967040405899136999995

From: http://www.unix.com/shell-programming-scripting/221029-awk-zcat-not-working-together.html

Man with BB gun arrested near Obama's motorcade

A homeless man, oblivious to President Obama‘s passing motorcade, took BB gun practice in the nearby woods and refused to drop his weapon when confronted by Connecticut cops, officials said today.

Obama was speaking yesterday at the University of Hartford when police, stationed along the president’s route to Bradley International Airport, heard noises coming from a nearby wooded area around 5:50 p.m., said Bloomfield police Capt. Stephen Hajdasz.

A detective from the neighboring town of Simsbury ordered the man — identified as 27-year-old Joseph Stravinskas — to drop what appeared to be a rifle, according to Hajdasz.

“He was aiming it toward the woods, turned around and didn’t immediately drop it,” Hajdasz said.

Other cops responded to the wooded area near Charter Avenue and Cottage Grove Road before the man was thrown to the ground and arrested.

Hajdasz said he’s grateful none of the officers opened fire: “[The BB rifle] was very realistic looking, like an actual rifle.”

It turned out the man was taking aim at cans he had set up for target practice.

Authorities don’t believe the suspect even knew President Obama was passing through.

Stravinskas has been charged with threatening, breach of peace and interfering with police.

He was held in lieu of $15,000 bail last night and is expected to be arraigned in Superior Court in Hartford later today.

The suspect had a Virginia ID, but it believed to be a transient staying with friends near where he was arrested, cops said.

Meanwhile relatives of victims of the Sandy Hook massacre are mounting a face-to-face lobbying effort Tuesday in hopes of turning around enough lawmakers to gain a Senate floor vote on meaningful gun restrictions.

Click for more from NYPost.com

…read more

Source: FULL ARTICLE at Fox US News

Man With BB Gun Arrested Near Obama’s Motorcade

By The Huffington Post News Editors

BLOOMFIELD, Conn. — Police in Connecticut say they arrested a man who pulled out a rifle-like BB gun as President Barack Obama‘s motorcade passed by him.

Authorities say the man was pacing back and forth and then pulled out the gun Monday as the motorcade went by in Bloomfield while returning to Bradley International Airport, after the president gave a speech on gun control at the University of Hartford.

Read More…
More on Guns

…read more

Source: FULL ARTICLE at Huffington Post

Fitch Downgrades Outlook for Frontier Communications

By Dan Radovsky, The Motley Fool

Filed under:

Fitch Ratings announced today that it has revised its outlook for Frontier Communications from “Stable” to “Negative.”

Fitch bases its revision on lowered expectations for revenue growth over the next two to three years. Also, the business and data services revenues took a modest hit in 2012, which goes against the upward trend in those areas for local exchange carriers. Business and data have been able to make up for the voice revenue losses. In addition, reforms to intercarrier compensation have lowered revenues.

Fitch does not expect great improvement in Frontier’s debt leverage: 3.2x by the end of 2013, and 3.1x by the end of 2014.

On the positive side, churn has come down for residential customers, and revenues for those customers has risen. But that’s set against a constant rate of decline from competition, and from the move away from wireline to wireless.

Fitch would downgrade Frontier’s rating from its present “BB+” if, by the end of 2013, the company’s net leverage rose to 3.3x or more, “and/or if the company does not succeed in generating positive revenue growth in business and data services.”

The article Fitch Downgrades Outlook for Frontier Communications originally appeared on Fool.com.

Fool contributor Dan Radovsky owns shares of Frontier Communications and Frontier Communications. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Source: FULL ARTICLE at DailyFinance

Florida boy, 10, dies after being shot with BB gun

A Florida boy who was accidentally shot in the head by his teen brother with a BB gun last week died Wednesday night from his injuries, MyFoxOrlando.com reported.

Investigators told the station that the boys were recently given Daisy Powerline 880S BB guns. They were firing at targets when Skyler Richardson‘s 13-year-old brother accidentally shot him at close range.

The BB hit Richardson above the right ear and penetrated his skull, Polk County Sheriff office told FoxNews.com. He was unconscious when he arrived at the hospital.

Skyler, who lived in Polk County, had been airlifted to St. Joseph’s Hospital in Tampa Bay.

Click for more from MyFoxOrlando.com

…read more
Source: FULL ARTICLE at Fox US News

Amid Investor Demand, Leveraged Loan Returns Sink from 2012 Pace

By Tim Cross, Contributor

Leveraged loans have returned 1.72% for institutional investors so far in 2013. That’s down significantly from this point a year ago (3.22%). The drop should come as no surprise, what with record amounts of cash flowing into loan mutual funds, meaning demand for loan paper is high. Indeed, loan mutual funds assets under management continue to grow, recently topping  $100 billion for the first time. (More testimony of considerable loan market demand: Yields on new-issue loans continue near historical lows, though they have been inching higher of late as weary investors begin to dig in.) Looking deeper, CCC rated loans are performing strongest so far in 2013, returning 5.04%, well ahead of the 1.71% pace seen last year. Better-rated loans – those in the BB category – have returned 1.14% so far in 2013, down from last year. …read more
Source: FULL ARTICLE at Forbes Latest

How to reference 2 dimensional array in awk?

By littlewenwen

Hello, all

For a 1-dimensional array, such as

Code:

myarr_1[AA]=1
myarr_1[BB]=2
myarr_1[CC]=3


I know I can write a loop as below to show the array member one by one:

Code:

for (i in myarr_1){print i, myarr_1[i]}


Now, suppose I have a two dimensional array such as:

Code:

myarray_2[1,AA]=1 myarray_2[1,BB]=2
myarray_2[2,AA]=10 myarray_2[2,BB]=20


My questions are:
1.how to write code to print the array member one by one?
2.how to write code to only print “myarray_2[1,AA]”, “myarray_2[1,BB]”?

…read more
Source: FULL ARTICLE at The UNIX and Linux Forums

Integrate MIN and MAX in a string

By beca123456

I need to use awk for this task !

input (fields are separated by “;”):

Code:

1%2%3%4%;AA
5%6%7%8%9;AA
1%2%3%4%5%6;BB
7%9%10%11%12;BB


In the 1st field there are patterns composed of numbers separated by “%”.
The 2nd field define groups (here two different groups called “AA” and “BB“).
Records are not necessarily sorted by groups like here.

For each group independently, I would need to get the max and min values at every position where there is a number and return the result in a third field like that:

Code:

1%2%3%4%;AA;1-5%2-6%3-7%4-8%0-9 #note if there is no number after a "%" it counts as "0"
5%6%7%8%9;AA;1-5%2-6%3-7%4-8%0-9
1%2%3%4%5%6;BB;1-7%2-9%3-10%4-11%5-12%6-12
7%9%10%11%12;BB;1-7%2-9%3-10%4-11%5-12%6-12


What I did so far but cannot manage to get the entire result in the 3rd field for each group:

Code:

awk 'BEGIN{FS=OFS=";"}

{
a = split($1,b,"%")

for (i=1; i<=a; i++){
if(b[i] ~ ""){b[i] = "0"}
else{b[i] = b[i]}

if((!MIN[b[i]]) || (MIN[b[i]] > b[i])) MIN[b[i]] = b[i]
if((!MAX[b[i]]) || (MAX[b[i]] < b[i])) MAX[b[i]] = b[i]
}

END{for (i=1; length(MIN[b[i]]); i++)
printf("%s",$1 ";" $2 ";" MIN[b[i]]"-"MAX[b[i]]%")
}'


Any help would be greatly appreciated !!

…read more
Source: FULL ARTICLE at The UNIX and Linux Forums

Dell: Fitch, Gimme Credit Cut Debt Ratings On LBO Funding

By Eric Savitz, Forbes Staff

The credit research firms Fitch Ratings and Gimme Credit have both reduced their debt ratings on Dell to reflect the substantial amount of debt the company will add to complete the pending leveraged buyout of the company to be led by founder Michael Dell and the private equity firm Silver Lake. Fitch Ratings reduced its long-term issuer default rating on Dell to BB+ from A, noting that a further reduction is possible. “Key details of the financing package for the proposed LBO have yet to be disclosed, but Fitch continues to expect pro forma leverage in the 3.5x – 4.5x range …. This would likely result in a long-term IDR in the mid to high single ‘B’ range,” Fitch said. “A ‘BB-‘ rating is a possibility based solely on leverage at the very low end of the range. However, various other factors need to be considered, including the highly competitive environment in which Dell operates, the uncertain macro economy, public sector weakness, reduced financial flexibility to pursue future acquisitions, a nascent track record of its recently acquired enterprise portfolio, and the potential to burn cash in down cycles due to its negative working capital position.” Gimme Credit analyst David Novosel today cut his credit score on Dell to deteriorating from stable. “The recently announced LBO will add a huge chunk of debt to the balance sheet, likely sending leverage to more than 4 times,” he writes. “Dell’s free cash flow has been declining and future cash flows may be directed to acquisitions as the company repositions its portfolio. Therefore leverage will probably remain elevated in the near term. … Although Dell is moving away from the business of selling PCs to consumers, that still comprises a large potion of total revenue. And the PC market has been weak lately, reflecting difficult economic conditions across the globe, delayed spending in emerging markets, and a shift toward smartphones and tablets. The soft top line is pressuring margins. Free cash flow has declined modestly, yet remains strong. However, extensive spending on acquisitions had led to higher debt. Combined with lower EBITDA, leverage has risen to more than 2x.” Dell shares are up 3 cents to $13.45, which is 20 cents below the $13.65 a share bid price. …read more
Source: FULL ARTICLE at Forbes Latest

Dell Likely To Be Cut To Junk-Bond Credit Rating After Buyout

By 24/7 Wall St.

Filed under: , ,

Stock Split ImageDell Inc. (NASDAQ: DELL) is trading up only about 1% now that its formal buyout has surfaced. Now that Michael Dell is using private equity as an investor and using finance from the outside and repatriating cash from overseas, not everyone is positive on this deal.

We warned about shareholder suits or investigations announced by law firms because this was going to lock in forced long-term losses for many shareholders. Now we have some new concerns brought up by Standard & Poor’s on Dell’s corporate credit rating.

S&P placed Dell’s “A-” rated corporate credit rating and its “A-1″ commercial paper ratings on CreditWatch with negative implications. In short, S&P is considering a downgrade of the corporate credit. This comes on the heels of seeing some Dow Jones news this morning showing that credit spreads widened out on Dell’s longer-term corporate bonds. That report noted that prior debt holders may be subordinate to the new debt for this MBO financing.

Michael Dell may be getting to do this deal solely because interest rates are so low. Otherwise the borrowing costs are likely to be higher down the road. The problem is that S&P said that it expects to lower its ratings on Dell out of investment grade after reviewing the proposed capital structure, corporate financial policy, and strategic direction under the new ownership structure.

As this new borrowing will leverage Dell’s good balance with a lot of new debt, S&P warned that the new credit rating is likely to be no more than “BB” and perhaps in the “B” range. In short, Dell’s existing debt will likely be junk-rated debt. This sounds bad on the surface and in no way is it really good. The caveat we would bring up is that this would not be anywhere close to the first instance that this has come about where good credit is cut to junk-rating. That was very common back in the private equity boom from 2005 to 2008 when companies were acquired almost weekly with leveraged finance by private equity shops which hoped to flip the companies back on to the capital markets or to a higher bidder down the road.

Michael Dell‘s press release this morning indicated that the deal is not subject to any financing. For his sake he better hope that doesn’t magically change.

Dell shares are up 1.2% at $13.43 against a 52-week trading range of $8.69 to $18.36.

Filed under: 24/7 Wall St. Wire, Analyst Calls, Bonds, Mergers & Acquisitions, Mergers and Buy Outs, PC Companies, Private Equity, Technology, Technology Companies Tagged: DELL

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Source: FULL ARTICLE at DailyFinance

Three obstacles to restoring the BlackBerry brand

RIM today hosted a major event in New York to launch the new BlackBerry 10 OS. RIM also announced that the company is rebranding itself as BlackBerry. A fresh new brand with a highly anticipated mobile platform should give the company reason for optimism, but BlackBerry 10 (BB10) isn’t just a new iteration of the once-dominant smartphone brand—it’s a sink-or-swim proposition that will determine the fate of the company itself.

BB 10 has been delayed time and time again. You can’t fault a company for being dedicated to getting it right—BlackBerry deserves kudos for having the conviction to make sure BB10 is polished and delivers the experience intended, despite the fallout and negative impact of delaying the launch.

blackberry-10
RIM rebranded itself as “BlackBerry” and unveiled the new BlackBerry 10 today.

While we’ve waited to see what’s next from BlackBerry, though, its market share has plummeted. BlackBerry has dropped from the leading smartphone platform, to battle with Microsoft’s Windows Phone for a distant third place—fighting over the few table scraps left over from iOS and Android.

Restoring faith in the brand and winning back customers won’t be easy. Here are three primary challenges the new BlackBerry must overcome in order to make BlackBerry formidable once again.

To read this article in full or to leave a comment, please click here

Source: FULL ARTICLE at PCWorld

Dad arrested after posting picture of himself holding baby and BB gun

A Ohio man is being held without bond after he posted a photo on Facebook of himself holding his baby daughter and a BB gun.

Fox 19 reports 22-year-old Domonic Gaines was arrested and charged with child endangerment.

Police initially believed Gaines was holding a handgun in the photo, along with his 1-year-old daughter Paradise. However, they later determined the gun was a BB gun found in Gaines’ home.

Authorities tell Fox 19 the close proximity of the child to the gun in the photo is cause for concern.

“It’s really been blown out of proportion,” Gaines’ father, Wilson Dykes, told Fox 19.

Dykes says he believes the child’s maternal grandmother alerted authorities to the photo.

Click for more from Fox 19.

Source: FULL ARTICLE at Fox US News

Fitch drives Cyprus deeper into junk status

International credit rating agency Fitch has downgraded Cyprus a couple more notches into junk status amid concerns that the government‘s support for the country’ troubled banks could cost more than previously thought.

The agency cut its rating on Cyprus to B from BB– and warned of more possible downgrades as it predicted that the banks’ recapitalization needs could be as high as €10 billion ($13.5 billion).

That would push the size of the rescue package that Cyprus is trying to finalize with the other 16 European Union countries that use the euro and the International Monetary Fund to over €17 billion.

That, Fitch said Friday, would drive the country’s debt load to over 140 percent of its annual gross domestic product, 20 percentage points more than the agency previously estimated.

Source: FULL ARTICLE at Fox World News