Deals deliver bigger returns when rates are higher.
A rich deal at 10.5 times EBITDA will be used to help beef up the buyer's undergarment offerings.
Pepsi reported higher-than-expected second-quarter earnings on Wednesday, helped by higher product prices.
Arch Capital's estimates are increased through 2013 at UBS, while Goldman Sachs' numbers are lowered through 2013 at Credit Suisse.
©1996-2017 TheStreet, Inc. All rights reserved.
Action Alerts PLUS is a registered trademark of TheStreet, Inc.