Professor Ed Altman of New York Universitys Stern School of Business expects 11 to 11.5 of U.S. highyield bonds outstanding at the end of the third quarter to default within a year. His proprietary model suggests average recovery, ...
NEW YORK, Dec 24 Emerging market sovereign debt yield spreads narrowed in light holiday trade on Monday after underlying benchmark U.S. Treasuries gave up some ground as credit market conditions appeared to ease and stocks rose. ...
In the cash market the 10year Bund yield is down 2 at 2.98 and the Gilt yield is down 2 bp at 3.16. By comparison stock markets are lower with the DAX down 1.83 and the FTSE100 down 1.25 on the day as of 10.22GMT. ...
Two of his top holdings are Intersil (ISIL), a semiconductor company with a 5 yield and no debt, and Harris Corp (HRS)., which makes radio communications equipment and has a yield of 2.2. Paul Alan Davis, comanager of the Schwab ...
High yield bonds were the topic of CNBCs Fast Money Thursday evening, with a number of panelists suggesting that the Feds decision to chase investors out of cash was creating risk/reward opportunities in high yield corporate debt. ...
Washington Is Quietly Repudiating Its Debts (August 22, 2008; Page A15) was an article that made me sit down and write my personal view of US debt.
Fiscal Year 2007 24/03/2008 11:35:00 Business Wire 10.875 senior notes and its 11.75 senior subordinated notes. Read more
Their holdings may include debt issued by the likes of Bear Stearns, Freddie Mac, and some other lessthanironclad lenders. Read more
CALGARY, ALBERTA Orleans Energy Ltd. is pleased to announce its results for the year ended December 31, 2007. Highlights of the Companys third year of active oil and gas operations are outlined as follows: Read more
Lundin Mining Corporation(NYSE: LMC)(OMX: LUMI) today reported an unaudited net loss of $436.6 million for the fourth quarter 2007. The unaudited net loss is after noncash impairment charges of $491.9 million relating to its merger with EuroZinc and the acquisition of Rio Narcea. Read more
On Friday, March 14, President Bush gave a speech to the Economic Club of New York about the state of the economy. Despite hard times, he said, In the long run, Im confident that our economy will continue to grow, because the foundation is solid. Well, thats nice to know. Read more