Initial price talk was 90 basis points to 150 basis points above the benchmark, according to a CreditSights report, which also noted that iPhones accounted for 52% of Apple’s sales…
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Still, CreditSights analyst James Goldstein kept an Underperform rating on Gap following the recent results. Based on the updated guidance, he expects adjusted full-year earnings before interest, taxes, depreciation, and amortization could…
How bad has 2022 been? The investment-grade corporate bond market’s total return was negative-12.3% on the year through April 29, compared with minus-8% for high-yield, negative-12.1% for convertibles and negative-12.9%…
CreditSights analysts pegged Amazon’s cash hoard at about $92 billion, in a Monday client note.
AMC Entertainment Holding’ “bizarre”—in the words of one analyst—plan to acquire a large stake in precious-metals miner Hycroft Mining Holding was a surprise to most of Wall Street, but bond analysts at…
More than 500 jets had been leased to Russian airlines when war broke out, according to several analysts’ estimates. Aircraft leasing companies either own jets outright or finance them by selling asset-backed…
Even with the jump in 10-year Treasury rates to kick off 2022, CreditSights analyst Winnie Cisar, global head of strategy, pegged the 10-year Treasury yield TMUBMUSD10Y, 2.030% of February 1982 as about 1,200 basis points…
Investment-grade corporate bonds, the debt issued by many top S&P 500 SPX, +0.01% companies, were headed for a loss of 3.1% on a total return basis in January, putting the sector on pace…
That contrasts with Navient’s flat price action, which may stem from the settlement being of little surprise to debt investors, given the “long-running” status of the probe by State Attorneys…
The 30-day grace period for US$82 million of coupon payments on onshore and offshore bonds that were due Nov. 6 is also expiring, according to debt-research company CreditSights.