Precision Castparts Corp. is a worldwide manufacturer of complex metal components and products, providing investment castings, forgings and fasteners/fastener systems for aerospace and industrial gas turbine ("IGT") applications. The Company also provides seamless pipes, specialty alloys, grinder pumps, critical auxiliary equipment, and metalworking tools.
• Credit markets: Global yields drifted lower in recent months, thanks to the low interest rate environment, ongoing stimulus imposed by the ECB as...