Tag: Corporate Debt

Is the Fed ‘tightening cycle’ already happening?

The Federal Reserve surprised markets this week by announcing it will begin to gradually sell off its corporate debt holdings accumulated during the pandemic, a...

Get ready for stock buybacks to roar back

U.S. corporations ranging from financial powerhouses to technology titans also have been stockpiling cash as a ballast against the COVID-19 storm. Investment-grade companies ended 2020...

The GameStop and AMC drama doesn’t stop with the stock market

The bond market is largely out of reach for day traders, unless through a proxy, so it would seem safe from the dynamics that have...

Corporate debt boom resumes as 2021 kicks off

The training wheels came off without a hitch. The lapse of the Federal Reserve’s inaugural corporate debt-buying program at year’s end didn’t hold up the...

Investors pine for a ‘clear victory’ — what’s at stake for markets in Trump-Biden election showdown

Take a deep breath. After all, it could be a topsy-turvy week for investors as remaining voters go to the polls on Tuesday, with little...

Stock market books 4th straight gain ahead of earnings kick off

U.S. stock benchmarks finished sharply higher Monday as investors bought technology giants and shifted their focus to corporate earnings starting this week. The moves come...

Wall Street sees Biden win speeding U.S. shift to clean energy

Electric energy generating wind turbines near Palm Springs, Calif. David Mcnew/Agence France-Presse/Getty Images President Donald Trump vowed four years ago to bring back the U.S....

Corporate bond issuance off to a bang in September

Corporate borrowing is off to the races. Getty Images Companies wasted no time going back to the borrowing trough after the long Labor Day weekend....

corporate debt: Covid-19 impact: Additional Rs 1.67 trillion debt may turn delinquent, says India Ratings

Mumbai: India Ratings and Research (Ind-Ra) said on Monday it believes the impact of Covid-19 and the associated policy response is likely to result in...

Will more govt debt in mutual funds benefit you?

Earlier this week, capital markets regulator Securities and Exchange Board of India (Sebi) allowed certain categories of debt funds to invest up to 15% more...

Germany stamps authority on Lufthansa with $9.8 billion lifeline

FRANKFURT/BERLIN (Reuters) – Germany threw Lufthansa (LHAG.DE) a 9 billion euro ($9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in...

Lufthansa, German government agree on $9.8 billion rescue package: sources

FRANKFURT/BERLIN (Reuters) – The German government and the management of flagship carrier Lufthansa (LHAG.DE), which has been hit hard by the coronavirus pandemic, have reached...

India’s Reliance strikes third unit stake deal, raising $8 billion in two weeks

NEW DELHI (Reuters) – India’s Reliance Industries Ltd on Friday announced a $1.5 billion stake sale in digital unit Jio Platforms, a third deal in...

Apple borrows on the cheap to fund buybacks, dividends

NEW YORK (Reuters) – Apple Inc (AAPL.O) on Monday capitalized on the Federal Reserve’s emergency measures in response to the coronavirus outbreak to issue its...

United Airlines to cut 30% of management in October, preparing pilot changes too: company memos

(Reuters) – United Airlines Holdings Inc (UAL.O) plans to cut at least 3,400 management and administrative positions in October as the coronavirus pandemic crushes air...

J. Crew files for bankruptcy as preppy retailer succumbs to COVID-19 fallout

(Reuters) – J. Crew Group Inc filed for bankruptcy protection on Monday with a plan to hand over control to lenders, adding to a list...

Norwegian Air shareholders back rescue plan: reports

OSLO (Reuters) – Norwegian Air (NWC.OL) shareholders backed key elements of its financial survival plan on Monday, local media reported, with about 95% of votes...

Exclusive: Boeing eyes major bond issue to raise funds – sources

(Reuters) – Boeing Co (BA.N) is working with investment banks on a multibillion-dollar bond-fueled financing package, aiming to shore up its balance sheet amid a...

Virgin Atlantic says still talking with UK government on coronavirus funds

(Reuters) – Virgin Atlantic is still talking with the British government about a bailout package to cope with the devastating effects of the coronavirus outbreak...

Halliburton books $1.1 billion charge in low price outlook

(Reuters) – U.S. oilfield services giant Halliburton (HAL.N) on Monday reported a $1 billion first-quarter loss on charges and warned that bleak conditions in the...

Ford issues $8 billion debt securities after virus causes $2 billion loss

(Reuters) – Ford Motor Co (F.N) on Friday raised $8 billion from corporate debt investors to shore up its cash reserves as the coronavirus outbreak...

Airbnb in advanced talks about new $1 billion loan: sources

FILE PHOTO: Small toy figures are seen in front of diplayed Airbnb logo in this illustration taken March 19, 2020. REUTERS/Dado Ruvic/Illustration/File Photo NEW YORK/BOSTON/SAN...

Exxon raises $9.5 billion to load up on cash while debt market still open to new deals

NEW YORK (Reuters) – Exxon Mobil Corp (XOM.N) on Monday raised $9.5 billion in new debt, with the largest U.S. oil producer seeking to bolster...

Airlines want U.S. Treasury to scrap proposal to make some grant money repayable

WASHINGTON/CHICAGO (Reuters) – Major U.S. airlines were urging Treasury officials and the federal government’s outside advisers on Saturday to scrap or revise a proposal that...

Boeing hires Lazard, Evercore to assess government aid or private loans: source

WASHINGTON (Reuters) – Boeing Co has hired investment banks Lazard and Evercore Inc to assess potential U.S. government assistance or private sector loans, a person...