| August |
|
Re-Krafting
|
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| 04 August 2011 |
|
| Credit spreads on Kraft Foods widen significantly post-announcement of a split of its snacks and grocery businesses. |
| |
Focus on the fulcrum
|
|
| 02 August 2011 |
|
| Italy and its banks were among the underperformers in today's session as investors again focused on eurozone contagion. |
| |
Return to normal?
|
|
| 01 August 2011 |
|
| After announcements by the President and Congressional leaders of a negotiated deal, the US CDS curve is no longer inverted. |
| |
|
 |
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| July |
|
Trickle down federalism
|
|
| 28 July 2011 |
|
| Municipal CDS have been one of the best performing instrument classes this year but risk is rising. |
| |
Of patent and earnings
|
|
| 27 July 2011 |
|
| CDS spreads on EK had been widening due to patent concerns but the widening continued on disappointing earnings |
| |
Ford credit risk better on earnings
|
|
| 26 July 2011 |
|
| Ford CDS spreads rallied moderately today on earnings results that beat estimates. |
| |
Here's your sign
|
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| 25 July 2011 |
|
| Former Sen. Evan Bayh (D-IN) suggested today that a sign from the markets may help debt ceiling negotiations. Here's your sign. |
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Morgan Stanley beats expectations
|
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| 21 July 2011 |
|
| Morgan Stanley CDS tighter today on broader trends and earnings expectations beat. |
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Higher bid, higher leverage
|
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| 20 July 2011 |
|
| CDS for Clorox widens again as Icahn raises his bid. |
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Dirty laundry
|
|
| 19 July 2011 |
|
| Despite intense scrutiny during House of Commons testimony and mixed reviews of the CEO's testimony, credit spreads for News America Inc., tightene... |
| |
Running with the pack
|
|
| 18 July 2011 |
|
| Italian CDS spreads reach a record wide despite the passing of an austerity package on Friday and Italian banks passing the stress tests. |
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Gridlock on review
|
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| 14 July 2011 |
|
| US CDS reacts moderately to Moody's beginning of US downgrade review. |
| |
Dynegy's difficulties
|
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| 13 July 2011 |
|
| CDS for Dynegy continued to drift wider today as investors track the company following Monday's rating cut by Moody's. |
| |
Backing the banks
|
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| 12 July 2011 |
|
| Rally in European banks ahead of Friday's stress test results is helpful but there was some weakness among Italian banks. |
| |
Tapestry of concerns
|
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| 11 July 2011 |
|
| CDS for US banks widened today amidst negative sentiment and contagion concerns. |
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Portugal Telecom underperforming
|
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| 08 July 2011 |
|
| Portugal Telecom is 164bp wider since Moody's downgrade of Portugal but a lot else is going on with this company. |
| |
Rallying California and Illinois
|
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| 07 July 2011 |
|
| California and Illinois municipal CDS catch a rally today despite little in the way of significant news. |
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Raising the bar
|
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| 06 July 2011 |
|
| European banks had a more muted reaction than their sovereign cousins today. What that means for upcoming bank stress test results though is fairl... |
| |
|
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|
| June |
|
Land of 10,000 lakes plus one budget showdown
|
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| 30 June 2011 |
|
| With budget negotiations at an apparent impasse and a pending government shutdown for Minnesota, muni CDS spreads for the state widened modestly. |
| |
Countrynarrow
|
|
| 29 June 2011 |
|
| Credit spreads for Bank of America tighten following settlement of certain claims related to Countrywide. |
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Chavez's ailing health and investor optimism
|
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| 28 June 2011 |
|
| Credit risk for Venezuela is on the decline as mounting speculation about Hugo Chavez's declining health increases. |
| |
Credit volatility ascendant
|
|
| 27 June 2011 |
|
| Volatility has been on the increase for liquid, North American corporate credits, both investment grade and high yield. |
| |
The reign of confusion
|
|
| 24 June 2011 |
|
| A post-Mubarak Egypt will ultimately take shape but month's after the strongman's ouster, things are still fluid. |
| |
European financials wider
|
|
| 23 June 2011 |
|
| European financials were wider today ahead on Greek debt concerns. Investors anxiously await bank stress test results. |
| |
Devil at the crossroads?
|
|
| 22 June 2011 |
|
| Muni CDS for California has widened in the past week following Governor Jerry Brown's veto of a budget proposal passed by the legislature and advan... |
| |
Grind to consensus
|
|
| 21 June 2011 |
|
| Despite a fresh round of warnings from the rating agencies, US CDS spreads tightened a bit today. |
| |
Returning to the fold?
|
|
| 20 June 2011 |
|
| Noticeable but muted reaction in CDS spreads for Italy following Moody's warning. |
| |
Capital thoughts
|
|
| 17 June 2011 |
|
| The recent widening in CDS spreads for major US banks have a lot to do with recent speculation about new capital requirements. |
| |
Olympic records
|
|
| 17 June 2011 |
|
| Two new records for Greece CDS spreads today. |
| |
Noonan!
|
|
| 15 June 2011 |
|
| CDS spreads widen for Anglo Irish Bank after indications that senior unsecured bondholders will have to take a haircut. |
| |
Lock-step wider on inflation concerns
|
|
| 14 June 2011 |
|
| CDS for Chinese banks wider on inflation concerns, higher reserve ratios. |
| |
The area between the curves
|
|
| 13 June 2011 |
|
| The difference between 1Y and 5Y CDS spreads for Greece will be closely watched for hints of restructuring plans. |
| |
Smoke on the water, fire in the forest?
|
|
| 10 June 2011 |
|
| Questions over accounting irregularities, possible downgrades and scrutiny over reverse mergers are factors influencing wider spreads in Sino-Forest |
| |
Shiller thriller?
|
|
| 09 June 2011 |
|
| Credit spreads continue to widen for KB Homes. Robert Shiller talks about a scenario where US housing prices could slip for 20 years. |
| |
Retailers take it on the chin
|
|
| 08 June 2011 |
|
| US high end retailers took it on the chin today as economic woes weigh further on the minds of investors. |
| |
Would be acquirer and target
|
|
| 07 June 2011 |
|
| Perceptions of credit risk shift in International Paper's bid for Temple-Inland. |
| |
A new Peru?
|
|
| 06 June 2011 |
|
| CDS spreads for Peru showed volatility today following presidential election results. |
| |
A crack in the seal?
|
|
| 03 June 2011 |
|
| After widening 84bp on Wed from S&P and Moody's putting Sealed Air on review for downgrade, spreads continue to drift wider |
| |
Warning of a warning
|
|
| 03 June 2011 |
|
| Moody's warns that it may put the US sovereign credit rating on ratings review as early as mid-July. |
| |
What's bad for the economy is bad for autos
|
|
| 01 June 2011 |
|
| CDS spreads for both Ford and GM widened out today amid broad weakness in the financial markets due to a flurry of dismal economic data releases in... |
| |
|
|
|
| May |
|
Hard to contain
|
|
| 31 May 2011 |
|
| TEPCO widened dramatically today following S&P's downgrade action and reports that containment efforts at Fukushima may go into year end. |
| |
Credit risk for US homebuilders only slightly wider following disappointing pending home sales
|
|
| 27 May 2011 |
|
| CDS spreads for US homebuilders had only a modest reaction following disappointing US pending sales figures. |
| |
Law struck down due to lack of sunshine
|
|
| 26 May 2011 |
|
| Reaction to the striking down of the Wisconsin collective bargaining law was ho-hum in the municipal CDS market. |
| |
Don't stress?
|
|
| 25 May 2011 |
|
| Positive headlines in German publication 'Die Zeit' claimed that all German banks are expected to pass the upcoming stress tests helped equities ra... |
| |
Thinking of cloudy days
|
|
| 24 May 2011 |
|
| 5Y CDS for British Airways is 421bp (+7) today as cancelled flights due to volcanic ash is expected to weigh on revenues Industry analysts believe... |
| |
Debt ceiling: plot twists
|
|
| 24 May 2011 |
|
| The CDS curve for US Government took a twist today with the one-year tenor widening significantly, 37bp (+15), as the political plots and twists th... |
| |
Collective Responsibility on a Big Spill
|
|
| 22 May 2011 |
|
5Y CDS for BP rallied 4bp to 82bp today following reports that the company reached an agreement with MOEX Offshore, which was a 10% partner in the Macondo oil well, to |
| |
Obama Wants to Turn Back Clock
|
|
| 19 May 2011 |
|
| Five year CDS spreads for Israel rallied in line with many other CEEMEA sovereigns today but that was before President Obama's announcement of a significant policy shift, |
| |
Cover on the Ceiling
|
|
| 18 May 2011 |
|
| CDS for the US government widened by 4bp, two days after the US began to bump against its debt ceiling. The withdrawal of one of the members of the Gang of Six is a p... |
| |
Another Tough Quarter
|
|
| 17 May 2011 |
|
| 5Y CDS on Hewlett Packard was 5.5% wider today following disappointing earnings results and lower guidance. In a sign of of just how challenging things may be, a leak... |
| |
Triple Downgrade of the Paper
|
|
| 16 May 2011 |
|
| R.R. Donnelly was downgraded a notch by each of the three major rating agencies leaving the credit at the highest non-investment grade rating at each. CDS widened by... |
| |
Opaque Ceiling and Treasury Tactics
|
|
| 13 May 2011 |
|
| Despite the anticipation of hitting the US debt ceiling on Monday, so far CDS for the US government has remained stable. Recent polls showing that a majority of Ameri... |
| |
Go Ahead, Double the Dividend
|
|
| 11 May 2011 |
|
| 5Y CDS for Macy's continued its rally amidst strong earnings. The company even doubled its dividened. Moody's also applauded the company's targets on key credit met... |
| |
Rally and Upgrade
|
|
| 10 May 2011 |
|
| Senior 5Y CDS for Amkor Technology has rallied 42 bp since the start of May. The credit rallied 8 bp thus far today following S&P's one-notch upgrade to BB. The outl... |
| |
Release the Drachma?
|
|
| 06 May 2011 |
|
| A late report in German magazine Spiegel indicated that the Greek government is cotemplating an exit from the euro currency. CDS spreads for Greece widened to record... |
| |
The Wrong Prescription?
|
|
| 05 May 2011 |
|
| Despite the Caremark franchise continuing to drag on the company's overall performance, management indicated that a spin-off was not in the works. 5Y CDS for CVS Care... |
| |
Ford and GM CDS Wider Post-Auto Sales Figures
|
|
| 03 May 2011 |
|
| CDS spreads for both automakers was wider following the release of auto sales figures today. This happened despite GM significantly beating expectations and Ford resu... |
| |
|
|
|
| April |
|
A Lesson in Passing Along Costs
|
|
| 29 April 2011 |
|
| CDS for Goodyear Tire & Rubber posted a strong rally today following reporting of its first quarter results. The company reported record sales. In a theme consistent... |
| |
Credit Risk Perspective: Exelon-Constellation Deal
|
|
| 28 April 2011 |
|
| CDS for Constellation Energy had a firm rally today following the acquisition announcement by Exelon Corp whereas Exelon was unchanged. The deal is sizable and reflec... |
| |
Barrick Gold Trumps Bid to Potential Downgrade
|
|
| 26 April 2011 |
|
| Barrick Gold's C$7.3 bln bid for Equinox Minerals trumps that of Minmetals Resources but the move also has rating agencies reassessing the company's risk profile. |
| |
All Aboard!
|
|
| 20 April 2011 |
|
| 5Y CDS for Union Pacific tightened on 1Q earnings results that came in slightly below analyst expectations; shares sold off slightly. While disappointing, the earning... |
| |
Sprint Nextel and ClearWire Clear Things Up
|
|
| 19 April 2011 |
|
| The two companies reached a price settlement for the former to use the latter's 4G network. 5Y CDS spreads tightened moderately for Sprint Nextel but challenges remai... |
| |
Negative Outlook for US Spills Into Munis
|
|
| 18 April 2011 |
|
| S&P's move to put the US government on negative outlook caused not only a widening of credit spreads for the US but also for municipal credits as well. |
| |
One Jig Away from High Yield
|
|
| 15 April 2011 |
|
| CDS for Ireland widened back out by 25 bp today. Moody's downgraded the sovereign by two notches to leave it one step above 'junk' and left the outlook negative. |
| |
Recall is Job 1
|
|
| 14 April 2011 |
|
| Ford CDS was wider today following an expansion of a recall of its popular F-150 trucks. The original recall affected roughly 144,000 vehicles. Today's expanded reca... |
| |
Alcoa CDS Unchanged Following Debt Sale
|
|
| 13 April 2011 |
|
| Alcoa's $1 billion debt sale did not cause CDS to trade wider following the widening seen the other day as a result of concerning earnings results but the change in co... |
| |
Dancing with the One…Which One?
|
|
| 12 April 2011 |
|
| 5Y CDS for BP widened by 6 bp today as the company's Russian joint venture, TNK-BP, announced plans to seek as much as $10 billion in damages for an alleged breach of... |
| |
First Round Jitters
|
|
| 11 April 2011 |
|
| Sunday's preliminary election results in Peru has sparked a bit of concern after left-leaning candidate Ollanta Humala had a stronger than expected showing. |
| |
Carry On My Wayward Son
|
|
| 08 April 2011 |
|
| The Markit MCDX is tighter week over week despite a looming federal government shutdown and Moody's placement of Kansas on outlook negative. Both events have the pote... |
| |
Moody's Warns of Potential Toyota Downgrade
|
|
| 06 April 2011 |
|
| There was no reaction today in the 5Y CDS for Toyota even as Moody's warned of a potential downgrade due to the financial impact from the earthquake in Japan. Moody's... |
| |
Technical Convergence
|
|
| 05 April 2011 |
|
| CDS for National Semiconductor rallied today while Texas Instruments ticked a modest bit wider following yesterday's acquisition announcement. S&P ratings actions on... |
| |
Unwavering
|
|
| 04 April 2011 |
|
| There were a lot of headlines today regarding US debt. Perhaps the most sobering came from a report by the IMF advocating that the US increase its taxes by 35% and cu... |
| |
|
|
|
| March |
|
Sakking the Revolver
|
|
| 30 March 2011 |
|
| CDS for Saks Incorporated are tighter this morning following the company's amendment of its revolving credit facility in what is essentially is an opportunistic refina... |
| |
Risk Containment?
|
|
| 29 March 2011 |
|
| Increasing press reports speculating about the possible nationalization of TEPCO and the Japanese government assuming full liability for the Fukushima disaster has TEP... |
| |
Peru's Flirtation With Socialism
|
|
| 28 March 2011 |
|
| Investors reacted with some concern today as the leftist candidate took the lead in polls for the April 10th election. |
| |
Best Buy, Hold or Sell?
|
|
| 24 March 2011 |
|
| 5Y CDS for Best Buy was wider today despite the company's share prices trading higher early in today's session. While 4Q profit came in higher than expected, the resu... |
| |
US Homebuilders Wider After Disappointing New Homes Sales
|
|
| 23 March 2011 |
|
| US homebuilders were generally 5-15 bp wider on disappointing new housing sales, a record low. |
| |
Muni CDS Touch Wider on Primary Issuance
|
|
| 22 March 2011 |
|
| As the primary market for municipal bonds shows signs of picking back up, investors approach the market cautiously. Municipal bond prices were a tad weaker and munici... |
| |
Sprint or Slow 'N' Steady Gait
|
|
| 21 March 2011 |
|
| While the sizable AT&T and T-Mobile deal signaled a potentially earnest start of M&A activity with generally bullish implications for the market, it poses problems for... |
| |
Joint Intervention
|
|
| 18 March 2011 |
|
| Has market volatility from the situation in Japan peaked? Joint intervention by the G7 along with progress on restoring power to the nuclear facility will certainly h... |
| |
Colombia Slightly Tighter on Upgrade
|
|
| 17 March 2011 |
|
| 5Y CDS for Colombia rallied by 4 bp today following yesterday's one-notch upgrade of the sovereign's foreign currency credit rating to investment grade by S&P. |
| |
Effectively Out of Control
|
|
| 16 March 2011 |
|
| CDS spreads for Tokyo Electric Power Co have seen tremendous volatility intraday as the markets follow events in Japan. Based on comments from the EU's energy chief,... |
| |
Bahrain Wider, Ratings Downgrade Follows
|
|
| 15 March 2011 |
|
| 5Y CDS for Bahrain widened to 360 bp early in the session on concern of the potential for escalating violence with the introduction of foreign troops. After the Londo... |
| |
The Worst…Since World War II
|
|
| 14 March 2011 |
|
| CDS for Tokyo Electric Power Co widened out by almost 200 bp today in reaction to the devastation in Japan and concerns over the status of nuclear reactors there. A p... |
| |
Another Supply Shock?
|
|
| 11 March 2011 |
|
| CDS for Saudia Arabia was only 5 bp wider today despite reports of increased tensions in the country. The earthquake in Japan has helped keep a lid on oil prices in t... |
| |
Moving the Previous Question
|
|
| 10 March 2011 |
|
| CDS for Wisconsin was mildly tighter on a day when other single name muni CDS and the index was slightly wider following yesterday's Senate passage of a bill designed... |
| |
Telecombination?
|
|
| 09 March 2011 |
|
| Rumors of a possible combination of US operations between Sprint Nextel and Deutsche Telekom's T-Mobile USA unit have surfaced again helping drive a rally in CDS sprea... |
| |
One and a Half Men
|
|
| 08 March 2011 |
|
| The firing of Charlie Sheen from the top prime-time TV sitcom 'Two and a Half Men' had little to no impact on CDS spreads for CBS or Time Warner Inc. (parent of Warner... |
| |
The Iberian Delta
|
|
| 07 March 2011 |
|
| Increasingly the market is pricing in the prospect of a bailout package for Portugal. This can be seen in the delta between the CDS spreads of Portugal and Spain. |
| |
Re-raq for Iraq
|
|
| 03 March 2011 |
|
| Iraqi sovereign bonds have weakened steadily in the last month or so as protests in the nation have intensified. Today's resignation of Baghdad's mayor weakens sentim... |
| |
Credit Rally for Dillard's Continues
|
|
| 02 March 2011 |
|
| Dillard's credit profile continues to improve following yesterday's announcement of 4Q earnings results. CDS for the company tightened 15 bp in early trading today. |
| |
Rough Day for Goldman Sachs
|
|
| 01 March 2011 |
|
| The day featured some fairly negative headlines for Goldman Sachs. First, there was the disclosure of $3.4 billion in litigation risk. Then in an unrelated matter, a... |
| |
|
|
|
| February |
|
Vigorous Denial of Default
|
|
| 28 February 2011 |
|
| Bank debt for the TXU deal rallied a bit on Friday and today on reports that Aurelius Capital Management alleged the company is in default. The senior unsecured debt... |
| |
Refuelers Go to Boeing
|
|
| 25 February 2011 |
|
| Boeing winning the US Air Force contract for airborne refueling tankers helped tighten CDS spreads for the company while EADS remained flat. |
| |
Earnings and Exposure
|
|
| 24 February 2011 |
|
| While the markets were volatile today in response to ongoing developments in Libya, Repsol was only slightly wider today. The company's earning results were slightly... |
| |
Impasse in Madison
|
|
| 23 February 2011 |
|
| The legislative stalemate in Madison, Wisconsin over "right to work" provisions could have broad implications for municipal debt markets. So far though, it is hard to... |
| |
Will Another Suitor Come Calling?
|
|
| 22 February 2011 |
|
| Icahn's failed bid for Dynegy and resulting management shakeup has sent the company's CDS spreads wider. |
| |
As Violence Rises So Does Political Risk
|
|
| 18 February 2011 |
|
| Bahrain CDS widened past 300 bp today as the violence against protesters escalated despite the Crown Prince's pleas for calm and order. |
| |
CDS for Commerzbank Slightly Wider
|
|
| 17 February 2011 |
|
| Moody's announcement for a potential downgrade of Commerzbank was widely anticipated and the CDS market widened only mildly. A combination of external and credit spec... |
| |
Strong Earnings and Lower Credit Risk for Dell
|
|
| 16 February 2011 |
|
| Earnings results for Dell after the closing bell yesterday were well above expectations prompting a rally in the company's equity and credit. |
| |
Day of Rage and Risk
|
|
| 15 February 2011 |
|
| As protests in Bahrain intensify and the largest Shiite opposition bloc in parliament suspends its membership, the markets reflect the increased risk to investors. |
| |
What Are the Chances of BABs Coming Back?
|
|
| 14 February 2011 |
|
| Battle lines over the US budget are being drawn as details of the President's plan emerge. It includes a permanent renewal of the Build America Bond program, a progra... |
| |
Expedia CDS Widens on Disappointing Earnings
|
|
| 11 February 2011 |
|
| Expedia CDS widened by 15 bp today following disappointing earnings results and an increased risk profile for an aggressive investment in marketing and technology. |
| |
Witnessing History Unfold? Almost There?
|
|
| 10 February 2011 |
|
| Egyptian CDS was volatile today as first the market contended with the rumor that Saudia Arabia's king passed away. Unsubstantiated and with strong denials issued by... |
| |
Can't Gloss Over Earnings
|
|
| 09 February 2011 |
|
| CDS for Avon Products widened by 12 bp in trading today following yesterday's disappointing earnings results. |
| |
CDS for McClatchy Wider Following Disappointing Earnings
|
|
| 08 February 2011 |
|
| CDS for McClatchy widened out by more than 40 bp today following disappointing earnings. Continued pressure on ad and circulation revenues was the culprit. |
| |
Chesapeake Energy Lowers Credit Risk Through Asset Sale
|
|
| 07 February 2011 |
|
| CDS for Cheasapeake Energy tightened by over 50 bp today on the planned sales of certain assets. The proceeds will be used primarily to pay down debt |
| |
On the Wings of Food Inflation
|
|
| 04 February 2011 |
|
| Tyson Foods dramatically beat expectations in its 1Q earnings with proft surging 86% higher year over year. Rising meat prices, strong demand and productivity gains... |
| |
Nordstrom Rallies on Upgrade
|
|
| 03 February 2011 |
|
| Nordstrom 5Y CDS rallies following S&P's one notch upgrade of the credit to 'A-' |
| |
Ford Motor Credit Drives By with Bond Issue
|
|
| 02 February 2011 |
|
| Ford Motor Credit CDS was mariginally tighter today on reports of a possible bond offering but the credit has rallied significantly throughout last year as Ford had on... |
| |
Tighter for Brown as Earnings Suggest Recovery
|
|
| 01 February 2011 |
|
| 5Y CDS for UPS rallied on better than expected earnings and higher guidance. Results suggest economic recovery is underway. |
| |
|
|
|
| January |
|
Risk in Israel
|
|
| 31 January 2011 |
|
| With the escalation of protests in Egypt having an impact on the sovereign's CDS spreads, it is important to remember that there is risk for Israel as well. |
| |
Ford Tougher?
|
|
| 28 January 2011 |
|
| While 2010 was one of the most profitable on record for Ford and CDS spreads have tightened considerably since the credit crisis, rising material and potentially risin... |
| |
Caterpillar Earnings Suggests Global Recovery
|
|
| 27 January 2011 |
|
| Strong orders help boost Caterpillar 4Q revenues significantly above expectations, suggesting a broad global economic recovery. |
| |
Market Hieroglyphics Reflect Instability
|
|
| 26 January 2011 |
|
| CDS for Egypt continued to widen today following reports of more protests and mass arrests. Since the end of 2010, CDS has widened over 100 bp. |
| |
Rise in Coal Prices Fuels Earnings
|
|
| 25 January 2011 |
|
| 4Q profits more than doubled for Peabody Energy on rising coal prices. The rise in prices should buffer the company from missed shipments due to flooding that is impa... |
| |
Drilling for Earnings
|
|
| 24 January 2011 |
|
| Fourth quarter profit for Halliburton more than doubled on reinvigorated drilling activity, particularly in North America. The credit rallied today by 2 bp in intrada... |
| |
Bring Good Things to Tight
|
|
| 21 January 2011 |
|
| GE's 4Q earnings results were better than expected and is a good portent for a broader economic recovery. The results helped rally the US equity markets today and CDS... |
| |
Where's the Beef (Going)?
|
|
| 20 January 2011 |
|
| CDS for Wendy's rallied today, tightening by 30 bp on reports that the company is considering selling its Arby's chain of restaurants. |
| |
Tuning in Tunisia
|
|
| 19 January 2011 |
|
| CDS for Tunisia's Central Bank widened significantly on the ouster of former President Zine el Abidine Ben Ali but had a more muted reaction following Moody's downgrad... |
| |
To the Earnings Cloud
|
|
| 18 January 2011 |
|
| CDS for IBM rallied following better than expected earnings from Big Blue. |
| |
Markit MCDX Widens Due to Weakness in Muni Cash Markets
|
|
| 14 January 2011 |
|
| Weakness in the muni cash bond markets, in both the primary and secondary, leads the Markit MCDX wider. Even if there is broad disagreement about the prospect for mun... |
| |
A Veiled Threat from the Rating Agencies?
|
|
| 13 January 2011 |
|
| A couple of the major rating agencies warned of a potential negative outlook (or worse) for the US if the government cannot reign in spending. But there was little or... |
| |
Slicing Up the Pie and Selling What's Left: Sara Lee
|
|
| 12 January 2011 |
|
| CDS for Sara Lee has been moving wider in recent sessions on LBO takeover speculation. The company has been paring down assets since last year to concentrate on its c... |
| |
The Apple of Verizon's Eye
|
|
| 11 January 2011 |
|
| The long awaited announcement is here. Verizon will be offering the iPhone to its customers starting in February, thereby eliminating the exclusivity that AT&T has en... |
| |
A Different Leak
|
|
| 10 January 2011 |
|
| CDS for BP bucked the recent trend and widened today due to a leak in the Trans Alaska pipeline forcing a shutdown over the weekend. |
| |
Agreement in the Land of Lincoln
|
|
| 07 January 2011 |
|
| Reports of a budget agreement being reached days before the session deadline helped Illinois CDS rally, reversing course from a test of last year's wide. |
| |
Three Renault Execs Try to Outdo WikiLeaks?
|
|
| 06 January 2011 |
|
| Three senior executives of Renault have been suspended in an apparent case of industrial espionage. The executives are alleged to have leaked important information re... |
| |
State of the States
|
|
| 05 January 2011 |
|
| For state legislatures it is budget season, for governors it is time for state of the state addresses. Muni market participants are paying attention to the tough talk... |
| |
Strong US Auto Sales Results: Good Portent for the Economy and Credit
|
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| 04 January 2011 |
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| CDS spreads rallied for Ford and GM on better than expected Dec auto sales figures. |
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