12/31/2003 | HY | Junk funds see further $341 million inflow
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12/24/2003 | BK | Market Commentary: Jack in the Box, Swift head lower to par levels on mad cow disease news
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12/24/2003 | CV | Market Commentary: CKE, Triarc convertibles feel the bite from mad cow scare; Invitrogen shoots up on merger
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12/24/2003 | DD | Market Commentary: Parmalat declines after bankruptcy filing; WestPoint Stevens, Levi easier
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12/24/2003 | HY | Market Commentary: BSE outbreak causes meat-bond holders to have a cow; Parmalat slides further
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12/23/2003 | BK | Market Commentary: Werner holds steady despite news of the possible need to amend financial covenants
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12/23/2003 | CV | Market Commentary: J.C. Penney gains on the back of Duane Reade buyout; American Tower pat on unit's bankruptcy
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12/23/2003 | DD | Market Commentary: Parmalat to file for bankruptcy as accounting hole grows, bonds retreat; Werner debt steady
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12/23/2003 | HY | Market Commentary: Parmalat retreats further as woes grow; Rhodia up on debt deal; primary stilled
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12/22/2003 | HY | Market Commentary: Werner Holding on the slide; ON Semiconductor terms emerge
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12/22/2003 | BK | Market Commentary: Werner bank debt rebounds from early morning plummet on termination of Home Depot contract
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12/22/2003 | CV | Market Commentary: Ford picks up buyers on upped guidance; Chesapeake shares sink, converts up on acquisition
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12/22/2003 | DD | Market Commentary: Werner debt tumbles many rungs on lost ladder contract; Parmalat down further
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12/19/2003 | DD | Market Commentary: Parmalat bonds collapse as €4 billion goes missing
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12/19/2003 | HY | Market Commentary: Primary falls silent as year keeps winding down; Parmalat bonds swoon on missing money
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12/19/2003 | BK | Market Commentary: NRG breaks at 101 7/8 bid; Reliant Resources heads into the 98s on amendment proposal
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12/19/2003 | CV | Market Commentary: Duke Energy convertibles active, higher on California settlement; buyers seek Yellow's older 5% issue
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12/18/2003 | BK | Market Commentary: Jack in the Box breaks for trading with B loan changing hands right around 101
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12/18/2003 | CV | Market Commentary: New deals higher, but volume slows as market begins to focus on weekend, holidays
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12/18/2003 | DD | Market Commentary: Adelphia jumps as workout nears; Allegiance gyrates; Parmalat keeps falling
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12/18/2003 | HY | Market Commentary: Asbury Auto, Nexstar, Suburban Propane deals price; funds see $167 million inflow
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12/17/2003 | BK | Market Commentary: Oriental Trading breaks for trading with first lien around par 1/2, second lien around 101
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12/17/2003 | CV | Market Commentary: All new deals soar, but small Fleetwood shines, rises to 112; Kroll adds $150 million overnighter
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12/17/2003 | DD | Market Commentary: Solutia bonds slide after Chapter 11; Parmalat dodges bullet but bonds lower
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12/17/2003 | HY | Market Commentary: NRG Energy, Telenet price upsized mega-deals; Solutia bonds slide on Chapter 11
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12/16/2003 | HY | Market Commentary: Hyundai, L-3, two others price deals; Revlon lower despite balance-sheet revamp plans
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12/16/2003 | BK | Market Commentary: Weight Watchers term B anticipated to blow out; Rainbow Media, Sensus break near 101
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12/16/2003 | CV | Market Commentary: Four deals to price after the close Tuesday; Mentor adds $125 million overnighter
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12/16/2003 | DD | Market Commentary: Parmalat still swaying to a degree; Revlon mixed on news of effort to strengthen balance sheet
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12/15/2003 | DD | Market Commentary: Parmalat paper wavers at wildly different levels for second day; CEO resigns
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12/15/2003 | HY | Market Commentary: New-deal tide ebbs; Gulf-Terra bonds up on Enterprise buyout deal
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12/15/2003 | BK | Market Commentary: NRG upsizes deal, lowers pricing, reduces floor; Bombardier breaks; El Paso up on debt reduction plans
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12/15/2003 | CV | Market Commentary: S&P cut puts brakes on El Paso gains; Fleetwood, Agco deals emerge; Interpublic bid 1.25 over issue
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12/12/2003 | BK | Market Commentary: Pinnacle Entertainment term loan hits the secondary with levels hovering around 101
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12/12/2003 | CV | Market Commentary: A dozen new deals this week put $4.64 billion into market; all of Friday's deals higher
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12/12/2003 | DD | Market Commentary: Goodyear stabilizes; Global Crossing unchanged; Fleming bonds better on plan filing
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12/12/2003 | HY | Market Commentary: Young Broadcasting two-parter paces continued new-deal onslaught; Parmalat gyrates on bond payment
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12/11/2003 | BK | Market Commentary: Goodyear hits lows around 973/4 bid but rebounds to 99 bid by close as investors shrug off 10-K delay
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12/11/2003 | CV | Market Commentary: CenterPoint bid 0.125 over par in gray market; Wyeth rises to 101.875; Citizens soars on sale possibility
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12/11/2003 | DD | Market Commentary: Global Crossing sticks to earlier levels; Goodyear paper drops sharply on new accounting troubles
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12/11/2003 | HY | Market Commentary: Ship Finance, Couche-Tard, six others price; Goodyear slides; funds see $385 million inflow
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12/10/2003 | HY | Market Commentary: Blue Ridge deal, downsized THL/Simmons price; Collins & Aikman speeds upward
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12/10/2003 | BK | Market Commentary: NRG sees over $3 billion in commitments; SP Newsprint gains momentum with $65 million committed
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12/10/2003 | CV | Market Commentary: Magnum, Scottish Re, CenterPoint emerge; Emulex, Akamai decline; Wyeth bid 0.5 over par in gray
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12/10/2003 | DD | Market Commentary: Global Crossing emerges from bankruptcy, bonds unchanged; Levi Strauss still weighted by CFO ouster
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12/9/2003 | DD | Market Commentary: Air Canada gets slight boost; Global Crossing debt not hindered by weak earnings
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12/9/2003 | HY | Market Commentary: Valeant, Hanover, Equinox price deals, stilling secondary
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12/9/2003 | BK | Market Commentary: Simmons adds $140 million unsecured tranche; Dr. Pepper/Seven Up term B close to oversubscription
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12/9/2003 | CV | Market Commentary: Another $2.575 billion of deals; Akamai, Emulex both reoffered at 98
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12/8/2003 | CV | Market Commentary: Issuers unwrap $1.73 billion of new paper and more set to come this week, this month
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12/8/2003 | DD | Market Commentary: Global Crossing sees big jump on ST Telemedia investment; Air Canada unchanged
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12/8/2003 | HY | Market Commentary: SBA, Granite, Tenneco deals lead the way; steels firm, Goodyear rolls
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12/8/2003 | BK | Market Commentary: Pinnacle Entertainment increases term loan B, lowers pricing on strong demand
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12/5/2003 | BK | Market Commentary: Nextel Communications giant term loan hits the secondary at par 1/2 bid, par 3/4 offered
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12/5/2003 | CV | Market Commentary: CenterPoint drops 2 points on unlikely asset sale to Reliant; JetBlue dives 7.5 on warning
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12/5/2003 | DD | Market Commentary: Mississippi Chemical slows down; Levi Strauss sticks with previous levels; Dan River sees mild gain
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12/5/2003 | HY | Market Commentary: iStar, Sweetheart price deals, NRG mega-deal ahead; Qwest up on upsized tender offer
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12/4/2003 | HY | Market Commentary: Georgia Pacific, Iron Mountain, Insight, Crown Castle deals price; funds see $325 million inflow
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12/4/2003 | BK | Market Commentary: Atrium breaks with term B climbing to 101 bid; Sola stays strong on second day of trading at 1011/4 bid
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12/4/2003 | CV | Market Commentary: Genzyme reoffered at 99.25, trades up to 100.25; other new issues active, but flat
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12/4/2003 | DD | Market Commentary: Mississippi Chemical still gaining at a slower rate; Levi going strong; Dan River back in picture
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12/3/2003 | DD | Market Commentary: Mississippi Chemical bonds jump; Levi Strauss recovers; Collins & Aikman sees small gains
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12/3/2003 | HY | Market Commentary: Atrium prices, Petrobras upsizes to $750 million; El Paso up on asset sale; Trump, Calpine also higher
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12/3/2003 | BK | Market Commentary: Knowledge Learning lowers pricing on term loan and revolver; Calpine and Huntsman trade higher
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12/3/2003 | CV | Market Commentary: Dominion, Genzyme emerge; Concord soars to 111, slides to 105.25; Fairmont hits 104.5
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12/2/2003 | CV | Market Commentary: CMS trades up to 51.75 bid; Fairmont seen 2 points over par in gray
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12/2/2003 | DD | Market Commentary: Mississippi Chemical still floating mildly higher; Levi continues to vary; Telewest at lower levels
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12/2/2003 | HY | Market Commentary: Six Flags, Hanover Compressor deals price; Levi bounces back from slide
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12/2/2003 | BK | Market Commentary: Simmons oversubscribed on launch date; Kraton receives several commitments; Agco breaks at 1013/4 bid
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12/1/2003 | BK | Market Commentary: Levi Strauss bank debt edges higher on news of deleveraging commitment and CFO resignation
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12/1/2003 | CV | Market Commentary: CMS, Fairmont, Concord deals emerge; buying boosts Northrop; Tyco, Inco come in
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12/1/2003 | DD | Market Commentary: Mississippi Chemical up on asset sale; Oakwood Homes continues slow ascent
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12/1/2003 | HY | Market Commentary: SBA, Six Flags, Simmons in forefront as calendar builds; Levi slides as turnaround firm comes aboard
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11/26/2003 | HY | Market Commentary: Waterford Wedgwood deal prices; secondary falls silent ahead of break
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11/26/2003 | BK | Market Commentary: Pinnacle Foods $675 million credit facility closes as the company's LBO is completed
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11/26/2003 | CV | Market Commentary: Nextel Partners gains on S&P outlook; Xerox climbs 3.875 on rosy forecasts; Ciber's issue climbs
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11/26/2003 | DD | Market Commentary: Oakwood Homes, Collins & Aikman higher in quiet session; Allegiance slips slightly
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11/25/2003 | DD | Market Commentary: Oakwood Homes trades up on news of sale; Allegiance Telecom losing its luster
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11/25/2003 | HY | Market Commentary: GNC, TVN, Jostens price deals; Dana bonds better after takeover try falters
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11/25/2003 | BK | Market Commentary: Penn National expected to get done as desire to hold paper outweighs frustration over lower yield
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11/25/2003 | CV | Market Commentary: Ciber popular amid lull in new deals; Ford gains on buying due to better data
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11/24/2003 | CV | Market Commentary: Market hunts for Thanksgiving deal, Ciber answers the call with small issue; trading flow low
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11/24/2003 | DD | Market Commentary: Allegiance Telecom slightly higher; Levi Strauss bonds race ahead; Goodyear unchanged to lower
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11/24/2003 | HY | Market Commentary: Penn National, Stena, Chevy Chase, Embratel price deals; Levi up, Delta gains as CEO exits
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11/24/2003 | BK | Market Commentary: Nextel giant term loan expected to get high demand as existing lenders will probably rollover commitments
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11/21/2003 | BK | Market Commentary: Sola term loan B reverse flexes to Libor plus 250 basis points; CamelBak breaks at par levels
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11/21/2003 | CV | Market Commentary: New paper mixed with thin trading; Lincare, Apria lose on Medicare reform worries
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11/21/2003 | DD | Market Commentary: Allegiance Telecom soars on Qwest interest; WorldCom higher; Goodyear continues to plummet
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11/21/2003 | HY | Market Commentary: J. Ray McDermott sells 10-years; Hyundai shelved; Sbarro fall continues
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11/20/2003 | HY | Market Commentary: Millar Western, MediaNews, Pinnacle price deals; Sbarro bonds fall; funds see $306 million inflow
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11/20/2003 | BK | Market Commentary: Pinnacle Foods decreases deal size; Nexstar breaks at 101 area; Nextel heads to par on refi news
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11/20/2003 | CV | Market Commentary: Millennium climbs to 107.375, other new paper sees no big price moves; Kulicke & Soffa emerges
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11/20/2003 | DD | Market Commentary: WorldCom and Revlon grapple for gains; Goodyear slammed on earnings, SEC investigation
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11/19/2003 | DD | Market Commentary: WorldCom, Revlon losses continue; Collins & Aikman continues trek higher
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11/19/2003 | HY | Market Commentary: Nortek, Imax, Millicom, ABB price deals as primary stays hot; Qwest up on tender plan, Levi lower
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11/19/2003 | BK | Market Commentary: Atrium mostly subscribed before late afternoon meeting; Goodman Manufacturing breaks at 101
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11/19/2003 | CV | Market Commentary: Millennium over 104 in gray, Yellow at 103; General Cable soars 8.625 points from par
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11/18/2003 | CV | Market Commentary: AmEx at 100.875 on buying; General Cable bid +3 in gray; Apria gains as stock slammed
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11/18/2003 | DD | Market Commentary: WorldCom debt falls on monthly operating report; Collins & Aikman up; Revlon rally ends
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11/18/2003 | HY | Market Commentary: Royal Caribbean drive-by, three upsized deals price; Collins & Aikman bonds firm solidly
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11/18/2003 | BK | Market Commentary: Pinnacle's term loan commitments still short by $120 million ahead of Wednesday's deadline
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11/17/2003 | BK | Market Commentary: Atkins Nutritionals lowers pricing on first- and second-lien term loans due to strong demand
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11/17/2003 | CV | Market Commentary: American Express $1.8 deal billion lags around par in gray market; telecoms, techs slide with stocks
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11/17/2003 | DD | Market Commentary: Calpine gets modest boost; WestPoint Stevens, Revlon still climbing
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11/17/2003 | HY | Market Commentary: Crown Castle, three other drive-bys price $445 million in U.S.; Ineos brings €160 million
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11/14/2003 | HY | Market Commentary: Steel Dynamics sells $100 million add-on; Levi bounces around after slide, Revlon up on cash injection
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11/14/2003 | BK | Market Commentary: Syndication wraps on NUI in less than a week; pricing reverse flexes on strong demand
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11/14/2003 | CV | Market Commentary: Valeant 3s end at 103.75 bid, 4s end at 104.75 bid; Amgen converts resist slide with stock
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11/14/2003 | DD | Market Commentary: WestPoint Stevens rises as loss shrinks; Revlon gets $125 million investment; Loral falls on big loss
|
11/13/2003 | DD | Market Commentary: Collins & Aikman rises on narrower third-quarter loss; Dan River steady; WestPoint Stevens higher
|
11/13/2003 | HY | Market Commentary: Levi tumbles after forecast cut; Mandalay sells eight-year notes; funds see $258 million inflow
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11/13/2003 | BK | Market Commentary: Levi Strauss bank debt falls by 2 points on changed guidance, ratings downgrades
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11/13/2003 | CV | Market Commentary: Both Valeant tranches bid up 2 points in gray, Radisys up 2.5; Casual Male adds 2.5
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11/12/2003 | CV | Market Commentary: AmeriCredit prices at wide end, Chesapeake at aggressive end; Casual Male bid up in gray
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11/12/2003 | DD | Market Commentary: Dan River sustains slump from disappointing earnings; Collins & Aikman unchanged to higher
|
11/12/2003 | HY | Market Commentary: Shaw, Tekni-Plex upsize offerings, Sonic, Chesapeake price drive-bys; auto sector rallies behind Ford
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11/12/2003 | BK | Market Commentary: GNC bank meeting sees good attendance and some early institutional commitments
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11/11/2003 | BK | Market Commentary: Investor enthusiasm for Empi seen outweighing ratings downgrade as deal upsizes, reverse flexes
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11/11/2003 | CV | Market Commentary: EchoStar gets ditched, sell-off takes 2.75 points on pressured outlook; 3 new deals emerge
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11/11/2003 | DD | Market Commentary: Dan River lower on third-quarter loss; HealthSouth modestly rising
|
11/11/2003 | HY | Market Commentary: Chesapeake plans $200 million 13-year issue; secondary stilled by holiday
|
11/10/2003 | HY | Market Commentary: Terex sells 10-year issue, Berry Plastics prices add-on; Huntsman up on earnings in quiet session
|
11/10/2003 | BK | Market Commentary: Reliant Resources jumps by about 3 points on better-than-expected earnings
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11/10/2003 | CV | Market Commentary: Biotech paper grabs attention as yield-hungry investors invade market
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11/10/2003 | DD | Market Commentary: HealthSouth firmer across the board; Foster Wheeler better on earnings; Collins & Aikman higher
|
11/7/2003 | DD | Market Commentary: Collins & Aikman sees slight gains; Calpine still rising; Federal-Mogul better
|
11/7/2003 | HY | Market Commentary: MSW Energy, Dollar Financial Group price new deals; Ahold seen firmer on restructuring news
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11/7/2003 | BK | Market Commentary: Cincinnati Bell breaks around 101 levels and reverse flexes to Libor plus 250 basis points
|
11/7/2003 | CV | Market Commentary: Calpine new convertible moves above par, falls back, trades actively at 991/2 area
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11/6/2003 | CV | Market Commentary: Calpine trades around fair value in gray market but gets much skepticism from potential investors
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11/6/2003 | DD | Market Commentary: Collins & Aikman clouds as Chrysler pulls contracts; Calpine shoots ahead; Fleming lower
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11/6/2003 | HY | Market Commentary: Calpine quickie deal highlights sizzling primary session; junk funds see $440.5 million inflow
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11/6/2003 | BK | Market Commentary: Pricing on Itron B loan falls to Libor plus 225 basis points; Calpine heads higher on debt offerings
|
11/5/2003 | BK | Market Commentary: Yellow-Roadway institutional tranches see strong demand with books near to or oversubscribed
|
11/5/2003 | CV | Market Commentary: Actuant trades pat with gray market at 102; Amkor tracks another 1 to 2 points higher
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11/5/2003 | DD | Market Commentary: HealthSouth sustains slide; Calpine paper rises on increased profit; WorldCom slowing down
|
11/5/2003 | HY | Market Commentary: Allied Waste, Premcor, Massey Energy price new deals; Tesoro, Mediacom up on earnings
|
11/4/2003 | BK | Market Commentary: Charter heads higher on improved liquidity and rating outlook revision to stable
|
11/4/2003 | CV | Market Commentary: Navigant trades north of 107 on lack of supply; Actuant up 2 points in gray market action
|
11/4/2003 | DD | Market Commentary: HealthSouth drops sharply as noteholders declare default, Scrushy indicted; Owens Corning recovers
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11/4/2003 | HY | Market Commentary: Charter prices quickie deal, River Rock brings $200 million; JL French lower on results
|
11/3/2003 | DD | Market Commentary: Owens Corning slides; Dan River fails to hold on to gains; WorldCom sees mild gains
|
11/3/2003 | HY | Market Commentary: Dex drive-by leads $1.3 billion, €150 million new deal parade; Denny's up on sale numbers
|
11/3/2003 | BK | Market Commentary: Michael Foods adds $135 million floating-rate piece, reduces proposed bond offering size
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11/3/2003 | CV | Market Commentary: American Tower gains 2.25 points on junk bond deal; three small new deals emerge
|
10/31/2003 | CV | Market Commentary: New Elan issue is a treat, zooming past 110 in heavy U.S. trading activity
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10/31/2003 | DD | Market Commentary: WorldCom the focus ahead of plan confirmation; Owens Corning slides as bankruptcy case halted
|
10/31/2003 | HY | Market Commentary: Cincy Bell, Telex, HCA price deals; Iron Age falls on restructure plan; Trump up despite loss
|
10/31/2003 | BK | Market Commentary: Sola sees some early interest as Union Bank of California signs up as administrative agent
|
10/30/2003 | BK | Market Commentary: Michael Foods term loan B heavily oversubscribed on launch date
|
10/30/2003 | CV | Market Commentary: Northwest reoffered at 98, edges up slightly; Elan is a blowout at 6.5%, up 49.9%
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10/30/2003 | DD | Market Commentary: Revlon paper dips on earnings while UAL brightens; Mirant continues to firm somewhat
|
10/30/2003 | HY | Market Commentary: Silgan, O'Charley's price deals; Elan, Levi firmer, Biovail off on earnings; funds essentially flat
|
10/29/2003 | BK | Market Commentary: Western Wireless heads higher on public offering news; Itron oversubscribed on day of launch
|
10/29/2003 | CV | Market Commentary: Gilead plunges 11-30 points on earnings disappointment; Northwest, Elan deals pops up;
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10/29/2003 | DD | Market Commentary: Mirant resilient after weak earnings; Denny's drops on wider loss; Solutia firms
|
10/29/2003 | HY | Market Commentary: Nalco prices four-part mega-deal, NeighborCare, Dura also price; Insight firms on results
|
10/28/2003 | DD | Market Commentary: Mirant debt drops on wider loss; WorldCom, Loral continue to rise; Collins & Aikman lower
|
10/28/2003 | HY | Market Commentary: Gaylord, United Rentals price upsized deals; RJR gains on planned tobacco merger
|
10/28/2003 | BK | Market Commentary: Keystone Automotive loan breaks for trading, edges higher; Charter slips, Collins & Aikman rises
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10/28/2003 | CV | Market Commentary: United Rentals, JDS Uniphase both repriced at 98; United Rentals drops to 95, JDS edges higher
|
10/27/2003 | CV | Market Commentary: Deals emerge for $860 million; Juniper spikes 4.5 points on call; Anthem falls on WellPoint merger
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10/27/2003 | DD | Market Commentary: AK Steel, Loral trend higher; WorldCom steadily rises; Dan River drops as Moody's cuts rating
|
10/27/2003 | HY | Market Commentary: Host Marriott prices upsized quickie deal; Lucent firmer on Verizon contract news
|
10/27/2003 | BK | Market Commentary: Ondeo Nalco term loan B upsizes by $200 and reverse flexes by 25 basis points
|
10/24/2003 | BK | Market Commentary: Western Wireless bid jumps to 99-plus levels as third quarter earnings entice investors
|
10/24/2003 | CV | Market Commentary: Scottish Life, Cablevision blow up; Gap active as volatility sparks profit-taking; Nortel flattish
|
10/24/2003 | DD | Market Commentary: AK Steel earnings drop, but new president is optimistic; Loral seesaws but up again
|
10/24/2003 | HY | Market Commentary: Oxford prices unusually structured 7-year deal; Solutia down on poor results, pessimistic guidance
|
10/23/2003 | BK | Market Commentary: Goodyear bank debt heads lower as investors react to financial restatement news
|
10/23/2003 | CV | Market Commentary: First Data deal to buy Concord blows up; Grey above par out of gate, but off from gray market
|
10/23/2003 | DD | Market Commentary: Loral climbs higher on satellite sale; AMR continues rally; Metris falls on loss
|
10/23/2003 | HY | Market Commentary: Lucent gains more on earnings; Tower leads automotive lower; junk funds see $212.3 million inflow
|
10/22/2003 | DD | Market Commentary: Werner Holdings rebounds; Loral higher as more satellites sell; American Airlines sees profit
|
10/22/2003 | HY | Market Commentary: Paramount Resources prices upsized deal; Lucent up after earnings; Tenet falls on company warning
|
10/22/2003 | BK | Market Commentary: DRS breaks for trading at plus 101 levels; Werner edges its way back up after 10-point plunge
|
10/22/2003 | CV | Market Commentary: Grey up 3 points in gray after talk tightened; Lucent issues soar 6-9 points on buybacks
|
10/21/2003 | CV | Market Commentary: Best Buy dividend in line with expectations, converts flattish; Kodak holds pat amid stock furor
|
10/21/2003 | DD | Market Commentary: Loral plummets on possibility of extended sale process, Intelsat earnings; Federal Mogul takes slight hit
|
10/21/2003 | HY | Market Commentary: Mountain Gods, Fisher Scientific price deals; ladder-maker Werner tumbles, Loral also lower
|
10/21/2003 | BK | Market Commentary: Calpine second-lien tranche bid falls to below 95 area on the heels of Moody's downgrade
|
10/20/2003 | BK | Market Commentary: DSW Waters term loan B sees $130 million in commitments by mid-day Monday
|
10/20/2003 | CV | Market Commentary: Hedgies buying Calpine notes; Amgen loses 1-2 points ahead of earnings; Nextel up on buybacks
|
10/20/2003 | DD | Market Commentary: Dan River falls further; Adelphia still flying off desks; WestPoint Stevens continues slide
|
10/20/2003 | HY | Market Commentary: Loral bounces as assets auctioned; Hovnanian, Metaldyne price upsized deals
|
10/17/2003 | BK | Market Commentary: Nextel's proposed amendment for unconventional paydowns may keep paper below 101
|
10/17/2003 | CV | Market Commentary: XL holds up against stock slide on warning, boost to reserves; new Getronics euro issue zooms
|
10/17/2003 | DD | Market Commentary: WestPoint Stevens paper drops; Solutia still weighted down; WorldCom better as emergence nears
|
10/17/2003 | HY | Market Commentary: Primary takes a breather after busy Thursday; Dan River continues slide
|
10/16/2003 | DD | Market Commentary: Solutia drops as company starts restructuring talks; WorldCom stronger; airlines shoot higher on earnings
|
10/16/2003 | HY | Market Commentary: Nextel prices $500 million quickie deal, four others price also; funds see $768 million inflow
|
10/16/2003 | BK | Market Commentary: Nextel bid higher on positive earnings; Quality Distribution details firm up ahead of Tuesday's meeting
|
10/16/2003 | CV | Market Commentary: Ford action revs up, converts add 2% on huge volume; Men's Wearhouse gains to 104, Beverly to 103.75
|
10/15/2003 | CV | Market Commentary: Men's Wearhouse bid up 2-3 points in gray market, even on tighter talk; Beverly bid up 1-2
|
10/15/2003 | DD | Market Commentary: WorldCom oblivious to weaker monthly report; airlines still flying high
|
10/15/2003 | HY | Market Commentary: LNR sells $300 million 10-years; Oxford announces; Levis Strauss down again
|
10/15/2003 | BK | Market Commentary: Continued investor confidence keeps pushing bids higher on Collins & Aikman paper
|
10/14/2003 | BK | Market Commentary: Keystone sees good attendance, some investors eyeing upcoming bond deal before committing
|
10/14/2003 | CV | Market Commentary: Documentum gains 5.125 points in tandem with stock on EMC purchase; Beverly quiet in gray
|
10/14/2003 | DD | Market Commentary: Airlines higher on Delta's narrower loss; Collins & Aikman better on Ford contract
|
10/14/2003 | HY | Market Commentary: Genesis deal hits the road, LNR on deck; Collins & Aikman up, Levi continues retreat
|
10/13/2003 | CV | Market Commentary: Beverly Enterprises launches $100 million deal for Wednesday; Ptek pays off on Texas hedge
|
10/10/2003 | BK | Market Commentary: Collins & Aikman's B loan bid strengthens on news of Ford contract
|
10/10/2003 | CV | Market Commentary: Computer Associates heads lower amid uncertainty; Quanta Services prices, gains in trading
|
10/10/2003 | DD | Market Commentary: Solutia falls further on guidance; Loral sags slightly; Collins & Aikman brightens from Ford contract
|
10/10/2003 | HY | Market Commentary: Norcraft's $150 million new deal oversubscribed; Collins & Aikman gains on Ford contract
|
10/9/2003 | BK | Market Commentary: Paper-hungry secondary players excitedly await allocations on Scotts, Dobson
|
10/9/2003 | CV | Market Commentary: Finisar prices to sell, gains 4.5; Quanta quick-sale up 2 in gray; CA plunges 8.5-12 on executive exits
|
10/9/2003 | DD | Market Commentary: Loral Space higher despite proposal rejection; Mirant bank debt lower after CFO quits
|
10/9/2003 | HY | Market Commentary: Ondeo Nalco unveils $1.8 billion deal; funds see $68 million inflow; Charter firmer
|
10/8/2003 | DD | Market Commentary: Collins & Aikman rises again; Amerco higher after reorganization plan is filed
|
10/8/2003 | HY | Market Commentary: Collins & Aikman gains again after lender call, Williams up on tender; MTS sells $400 million deal
|
10/8/2003 | BK | Market Commentary: Collins & Aikman continues to rise and stabilize in aftermath of reassuring lender call
|
10/8/2003 | CV | Market Commentary: Kodak, Placer Dome track gray market levels out of the gate; Simon positions seen lightening
|
10/7/2003 | CV | Market Commentary: Kodak bid up 2.25 points, Placer Dome up 2.5 in gray market action; Finisar, iDine emerge after close
|
10/7/2003 | DD | Market Commentary: Airlines stronger on UAL traffic report; Collins & Aikman better on lender call news
|
10/7/2003 | HY | Market Commentary: Collins & Aikman, Charter, Adelphia better; Von Hoffman prices add-on
|
10/7/2003 | BK | Market Commentary: Collins & Aikman private lender call alleviates some investor concerns, pushing the debt higher
|
10/6/2003 | BK | Market Commentary: Collins & Aikman holding steady after Friday's reports; Allegheny Energy seen on desks
|
10/6/2003 | CV | Market Commentary: Motorola issues up 3 points on chip unit spin-off; Kodak ends dry spell in new deals
|
10/6/2003 | DD | Market Commentary: Collins & Aikman still struggling; Oakwood Homes firmer; Air Canada steadily rising
|
10/6/2003 | HY | Market Commentary: IFCO prices, hopes for more euro-deals; Boise Cascade announces deal; secondary flat
|
10/3/2003 | BK | Market Commentary: Worldspan rebounds on Orbitz release; Collins & Aikman jumps around on Chrysler contract concerns
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10/3/2003 | CV | Market Commentary: Freeport-McMoRan buried by gold sell-off; Yahoo kicked up 2.25 points, also lifts Amazon
|
10/3/2003 | DD | Market Commentary: Collins & Aikman clobbered on Chrysler contract news; Adelphia bank debt better
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10/3/2003 | HY | Market Commentary: Collins & Aikman tumbles on Chrysler report; Parker Drilling prices
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10/2/2003 | DD | Market Commentary: AK Steel weakens further on third-quarter guidance; Adelphia, HealthSouth active; airlines firmer
|
10/2/2003 | HY | Market Commentary: Videotron, IMCO, B/E price upsized deals; AK bonds tumble; funds see $80 million inflow
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10/2/2003 | BK | Market Commentary: Worldspan bank debt dives into mid-90s terrain on termination of Orbitz contract
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10/2/2003 | CV | Market Commentary: Providian gains sharply amidst big volume on talk about Wells Fargo takeover; buyers aplenty
|
10/1/2003 | CV | Market Commentary: Ford picks up 1 point on sales gain while General Motors flat; Flextronics bucks higher marker
|
10/1/2003 | DD | Market Commentary: Air Canada sustains weakness; AK Steel down; Adelphia, cable sector active
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10/1/2003 | HY | Market Commentary: Intrawest deal upsizes, Scotts prices $200 million 10-years; Levi, RCN, Tesoro gain
|
10/1/2003 | BK | Market Commentary: Cable names head higher as Adelphia reveals better numbers in private lender call
|
9/30/2003 | BK | Market Commentary: Levi's bank debt down as third quarter numbers fall short of guidance to new lenders
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9/30/2003 | CV | Market Commentary: Williams bonds gain 2.25 points, mandatory up slightly but more sellers seen; LSI loses 4-5 points
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9/30/2003 | DD | Market Commentary: Collins & Aikman bonds continue rebound; Allegheny Energy bank debt active
|
9/30/2003 | HY | Market Commentary: Dynegy, Koppers, Houghton-Mifflin price deals; Collins & Aikman rise again
|
9/29/2003 | BK | Market Commentary: Waste Connections' B loan reverse flexes ahead of Thursday's meeting on strong institutional demand
|
9/29/2003 | CV | Market Commentary: Gap, Charming Shoppes show mixed views on retail results; Pharma Resources gains 2.25
|
9/29/2003 | DD | Market Commentary: Air Canada bonds drop 10 points; Metris rises; Atlas Air EETCs downgraded
|
9/29/2003 | HY | Market Commentary: Intrawest, B/E Aerospace, Houghton-Mifflin slate deals; Collins & Aikman up on bank loan buzz
|
9/26/2003 | DD | Market Commentary: Oakwood Homes continues climb as hearing begins; WorldCom and Enron continue respective paths
|
9/26/2003 | HY | Market Commentary: Rayovac, Level 3, O'Sullivan deals price; Rayovac glows, but Level 3 lags
|
9/26/2003 | BK | Market Commentary: Allegheny Energy very active after company discloses plans to refinance bank debt
|
9/26/2003 | CV | Market Commentary: Market not ready to swallow Bristol-Myers Squibb; Cracker Barrel drops 1.5 on dividend
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9/25/2003 | CV | Market Commentary: Pharma Resources gains to 104 despite complaint; Bristol-Myers jumbo seen offered at par in gray
|
9/25/2003 | DD | Market Commentary: WorldCom up again; Enron faces more trouble in court; airlines hanging in there; Loral steadier
|
9/25/2003 | HY | Market Commentary: FLEX flexes muscle, bounces back; funds see $153 million inflow
|
9/25/2003 | BK | Market Commentary: Eastman Kodak catches some leveraged attention following stream of "negative" company news
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9/24/2003 | BK | Market Commentary: Levi Strauss and AMI still trading relatively actively, AT&T revolver hits secondary
|
9/24/2003 | CV | Market Commentary: CKE bids beefed up to 107; Flextronics expected to lose "big points" on jury award
|
9/24/2003 | DD | Market Commentary: UAL bonds firm on monthly profit; Loral paper mixed; Goodyear recovering
|
9/24/2003 | HY | Market Commentary: Junk market ignores OPEC output cut; WCI, MetroPCS price deals
|
9/23/2003 | BK | Market Commentary: DRS term B gets over $1 billion in orders by launch; Levi's hits 1021/2, 1031/2 on first day of trading
|
9/23/2003 | CV | Market Commentary: Northrop, L-3 pounded lower as Citi cuts defense stocks; CKE soars 4.5 points in gray market
|
9/23/2003 | DD | Market Commentary: Loral paper falls further on satellite demise; Goodyear stabilizes; Global Crossing gets slight boost
|
9/23/2003 | HY | Market Commentary: Ahold firms on rights issue buzz; Standard Pacific upsizes quickie deal
|
9/22/2003 | DD | Market Commentary: Goodyear Tire slides after company releases savings from labor agreement; Loral drops 6 points
|
9/22/2003 | HY | Market Commentary: Level 3 plans deal, bonds higher; Levi lower after Moody's downgrade
|
9/22/2003 | BK | Market Commentary: Beverly Enterprises receives positive feedback on security, pricing and divestiture strategy
|
9/22/2003 | CV | Market Commentary: Motorola gains with stock on CEO departure; BioMarin steady after drug canceled
|
9/19/2003 | CV | Market Commentary: AmerisourceBergen gains 2 points in spite of headlines; Charter soars on exchanges
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9/19/2003 | DD | Market Commentary: Global Crossing shoots higher as Bush clears way for sale; Enron continues ascent
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9/19/2003 | HY | Market Commentary: Charter bonds up on debt exchange; Pinnacle prices; EchoStar floaters well bid for
|
9/19/2003 | BK | Market Commentary: Charter steals focus with active trading and higher levels on debt buy back news
|
9/18/2003 | BK | Market Commentary: Books close on Levi as B loan sees three times oversubscription; paper may start trading Monday
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9/18/2003 | CV | Market Commentary: AMR reoffered at 98, dives as low as 96; Charming Shoppes picked up as cheap vol play
|
9/18/2003 | DD | Market Commentary: Enron rises after new plan shows increased recovery for creditors; Metris continues ascent
|
9/18/2003 | HY | Market Commentary: EchoStar sells upsized $2.5 billion three-part deal; junk funds see $79 million outflow
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9/17/2003 | BK | Market Commentary: Scotts $1.2 billion loan twice oversubscribed on launch day; Levi's finds audience with 700 bps spread
|
9/17/2003 | CV | Market Commentary: AMR revives $300 million deal; Best Buy off on earnings; building data lifts Masco despite dividend hike
|
9/17/2003 | DD | Market Commentary: Metris spikes up on replacement financing news; WorldCom firms slightly
|
9/17/2003 | HY | Market Commentary: Nextel sells $1 billion add-on; Broder also prices; Levi bounces off lows, Atlas Air gains
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9/16/2003 | DD | Market Commentary: Goodyear Tire maintains rally on union news; WorldCom monthly revenue rises again
|
9/16/2003 | HY | Market Commentary: Titan deal boosts bond levels; Nortel up, Levi off; Huntsman, Gazprom price
|
9/16/2003 | BK | Market Commentary: Levi's term loan may contain fixed-, floating-rate tranches, pricing still to be determined
|
9/16/2003 | CV | Market Commentary: Lockheed dips on dividend boost, Titan purchase; Chubb rebounds ahead of Isabel
|
9/15/2003 | CV | Market Commentary: Lowe's gains on Isabel threat; tech valuation concerns bring sellers out for Symantec, ADP
|
9/15/2003 | DD | Market Commentary: Airlines race ahead; Goodyear better on contract news; NorthWestern rises despite bankruptcy filing
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9/15/2003 | HY | Market Commentary: Levi gains on probe results announcement; Perry Ellis, Buckeye Technologies price deals
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9/15/2003 | BK | Market Commentary: Levi Strauss audit committee findings seen already factored into new loan launching Tuesday
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9/12/2003 | BK | Market Commentary: Levi Strauss may use high coupon, Libor floor and call protection to entice investors
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9/12/2003 | CV | Market Commentary: AMG, Franklin sellers emerge amid Janus probe; holders of Lucent, Nortel also take profits
|
9/12/2003 | DD | Market Commentary: Airlines hold on to gains from Thursday; Conseco loses steam; WorldCom still in picture
|
9/12/2003 | HY | Market Commentary: Dobson, Pathmark price deals; secondary largely ignores outflow number
|
9/11/2003 | BK | Market Commentary: Huntsman stronger as investor confidence on bank paydown continues to grow
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9/11/2003 | CV | Market Commentary: Cephalon, Tekelec bid up as players position for upsurge; airlines higher in 9/11 trading
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9/11/2003 | DD | Market Commentary: Conseco debt rallies on emergence from bankruptcy; HealthSouth continues to decline
|
9/11/2003 | HY | Market Commentary: Levi bonds continue fall; MGM Mirage, Tom Brown price; funds lose $485.96 million
|
9/10/2003 | HY | Market Commentary: Levi bonds firm, then fall; Seminis hitting road with $190 million deal
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9/10/2003 | BK | Market Commentary: Washington Group meets some skepticism on contractual business nature, collateral package
|
9/10/2003 | CV | Market Commentary: Energy bucks downward trend; overall sentiment positive; telecoms, tech down but Level 3 up
|
9/10/2003 | DD | Market Commentary: Global Crossing rallies on buzz deal will be approved soon; WorldCom debt glows from settlement
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9/9/2003 | CV | Market Commentary: Cummins gains as buyers step in; Alpharma deeply wounded by lower guidance; telecoms slide
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9/9/2003 | DD | Market Commentary: WorldCom settles with creditors; Conseco trades heavily on plan approval; Mirant weakens further
|
9/9/2003 | HY | Market Commentary: WorldCom active on credit agreement; Qwest up on Dex sale; Huntsman, Perry Ellis unveil deals
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9/9/2003 | BK | Market Commentary: Huntsman bond deal resurfaces as lender approval is expected on revised amendment
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9/8/2003 | BK | Market Commentary: Dobson loan draws interest on simplified capital structure, leverage cut, absence of telecom deals
|
9/8/2003 | CV | Market Commentary: Convertible players watch issues gain with stocks; selling subsides; RF Micro gains on better guidance
|
9/8/2003 | DD | Market Commentary: WorldCom confirmation hearing begins; Mirant sags as Pepco and FERC interfere
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9/8/2003 | HY | Market Commentary: Conseco up as emergence nears; Dobson plans $600 million deal; JohnsonDiversey prices
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9/5/2003 | BK | Market Commentary: Hanger Orthopedic sees interest from previous B loan lenders and existing bondholders
|
9/5/2003 | CV | Market Commentary: European, Asian deals outpace U.S. after vacations end, but market better bid; Nortel, Lucent stronger
|
9/5/2003 | DD | Market Commentary: Collins & Aikman rebounds; Conseco rockets higher; WorldCom trades actively, again
|
9/5/2003 | HY | Market Commentary: Union Carbide dives on Moody's cut to junk; no buying surge on inflow; Case sells $300 million add-on
|
9/4/2003 | HY | Market Commentary: Charter up on asset sale, B/E Aerospace on contract buzz; junk funds see 2nd big inflow, $1.14 billion
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9/4/2003 | BK | Market Commentary: Charter strengthens on proposed debt repayment; Cinram pro rata done, B loan chugging forward
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9/4/2003 | CV | Market Commentary: Issuance seen slowing, with more classic small cap issuers; Gap plunges; techs mostly higher
|
9/4/2003 | DD | Market Commentary: WorldCom, HealthSouth weaken; Goodyear Tire cheered by contract ratification
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9/3/2003 | CV | Market Commentary: Rite Aid drops 3 points as Merrill pans stock; Openwave bid up in gray; OSI Pharmaceuticals dips
|
9/3/2003 | DD | Market Commentary: WorldCom higher; ATA Holdings rises on lease payment delays; HealthSouth weakens
|
9/3/2003 | HY | Market Commentary: Qwest gains on better numbers; market levels back off from Tuesday's gains
|
9/3/2003 | BK | Market Commentary: Qwest improves by a quarter point as financial restatement saga nears completion
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9/2/2003 | BK | Market Commentary: Western Wireless edges up into 98 levels in strong secondary market
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9/2/2003 | CV | Market Commentary: Traders see activity pick up, largely in anticipation of new deals waiting in the wings
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9/2/2003 | DD | Market Commentary: HealthSouth and WorldCom activity lessens; Level 3 Communications gets boost
|
9/2/2003 | HY | Market Commentary: Buckeye, Hyundai, Majestic Star to market new deals; secondary higher, though trading limited
|
8/29/2003 | BK | Market Commentary: Cinram, Seminis may awaken sleepy primary with new deal launches slated for coming week
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8/29/2003 | CV | Market Commentary: Nextel gains on Berkshire's ballooning stake in bonds; Interpublic up on higher ad outlays
|
8/29/2003 | DD | Market Commentary: Mirant bonds still moving higher; HealthSouth firmer; WorldCom actively traded
|
8/29/2003 | HY | Market Commentary: Huge inflow stuns market; Nextel up on Buffett news; Quality Distribution revives deal
|
8/28/2003 | HY | Market Commentary: Humongous $3.26 billion inflow set to wow market; HealthSouth up as banks OK coupon payment
|
8/28/2003 | BK | Market Commentary: Calpine heads up to 96 region on heels of new Canadian trust announcement
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8/28/2003 | CV | Market Commentary: Miscellaneous scraps of convertible paper trading; action to heat up next week
|
8/28/2003 | DD | Market Commentary: HealthSouth bonds brighter on upcoming interest payment; Mirant debt higher despite wider loss
|
8/27/2003 | CV | Market Commentary: Odd and ends offered amidst slow, boring session; market looks to post-holiday primary
|
8/27/2003 | DD | Market Commentary: WorldCom remains the focus, bonds actively traded; Federal-Mogul weaker despite bid news
|
8/27/2003 | HY | Market Commentary: Qwest gains on upgrade possibility; Quintiles to roadshow 10-year deal after holiday
|
8/27/2003 | BK | Market Commentary: Seminis details emerged; market looks ahead to post-Labor Day
|
8/26/2003 | BK | Market Commentary: Regal Cinemas' new term loan D seen at 101; market quiet but optimistic
|
8/26/2003 | CV | Market Commentary: Mixed bag, as convertibles track stocks in another slow session; Xerox issue soars on dividend
|
8/26/2003 | DD | Market Commentary: Fleming bonds higher on completed asset sale; HealthSouth continues slide
|
8/26/2003 | HY | Market Commentary: WorldCom gains on likelihood of bankruptcy emergence; AmericCredit up on results
|
8/25/2003 | BK | Market Commentary: Pegasus plunges to low 90 territory as company opts to cancel proposed term loan
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8/25/2003 | CV | Market Commentary: McData plunges around 17 points on warning, Wal-Mart fails to inspire buying in retail
|
8/25/2003 | DD | Market Commentary: HealthSouth still weighed by news of scandal; WorldCom still riding wave of financial forecast
|
8/25/2003 | HY | Market Commentary: Lucent notes off on news of government probe; Pegasus lower on credit withdrawal
|
8/22/2003 | HY | Market Commentary: Rayovac issue to fund Remington deal; aaiPharma off as Cephalon horns in on CIMA acquisition
|
8/22/2003 | BK | Market Commentary: infoUSA stronger on S&P upgrade; Rayovac hangs steady on acquisition news
|
8/22/2003 | CV | Market Commentary: Trading very thin, but dividend anxiety sparks markdowns; slow issuance seen through holiday
|
8/22/2003 | DD | Market Commentary: HealthSouth moderately active; Loral Space lingers on desks; WorldCom, Petroleum Geo trade
|
8/21/2003 | CV | Market Commentary: Market better bid but volume still lagging due to vacations; players eye dividend risk lists
|
8/21/2003 | DD | Market Commentary: Goodyear Tire spikes up on agreement with union; Allegiance Telecom lingering after earnings
|
8/21/2003 | HY | Market Commentary: Solutia bonds rise on PCB case settlement; funds outflow dwindles to $83.8 million
|
8/21/2003 | BK | Market Commentary: Goodyear revolver up two points on long-awaited labor negotiation progress
|
8/20/2003 | BK | Market Commentary: Casella repriced B loan breaks; Charter, Nextel, Rural Cellular and Western Wireless all trade up
|
8/20/2003 | CV | Market Commentary: Full-blown summer session very quiet, but a few buyers emerge for cheaper issues
|
8/20/2003 | DD | Market Commentary: WorldCom still rising after affirming forecasts; Loral Space higher; Horizon PCS settles down
|
8/20/2003 | HY | Market Commentary: Secondary market tone seen better, as primary side falls silent; Unisys, Xerox up
|
8/19/2003 | BK | Market Commentary: Secondary sees strong bidding interest ahead of Labor Day lull, pushing some names higher
|
8/19/2003 | CV | Market Commentary: InVision deal scrapped amid summer lull, officially citing adverse "market conditions"
|
8/19/2003 | DD | Market Commentary: Horizon PCS resumes slide; Conseco files fifth reorganization plan, bonds rise accordingly
|
8/19/2003 | HY | Market Commentary: Oxford Auto deal pulled due to conditions; First Energy bonds widen on blackout issues
|
8/18/2003 | HY | Market Commentary: Monitronics prices $160 million seven-year deal; new Dex West firms smartly
|
8/18/2003 | BK | Market Commentary: Charter rebounds after last week's drop, moving up more than a point
|
8/18/2003 | CV | Market Commentary: Alkermes returns to convertibles market; InVision reslated deal sweetened once, then again
|
8/18/2003 | DD | Market Commentary: HealthSouth moving in thin trade; WorldCom rising; Charter breaks losing streak
|
8/15/2003 | CV | Market Commentary: Serologicals upsized, Apria prices but InVision reslated for Monday due to blackout
|
8/15/2003 | DD | Market Commentary: HealthSouth's bonds fail to sustain rally; Conseco better on narrower loss for quarter
|
8/15/2003 | HY | Market Commentary: Market sleep-walks through short post-blackout session, ponders outflow; Dex deal downsized
|
8/15/2003 | BK | Market Commentary: Charter drops by 50 basis points on yanked $1.7 billion note sale; Dex B loan upped by $150 million
|
8/14/2003 | BK | Market Commentary: B&G Foods term loan launch a blowout, seen at L+350 bps; Day, Per Se also launch
|
8/14/2003 | CV | Market Commentary: Another big block of Tyco sold, stirring concern about liquidations among hedgies
|
8/14/2003 | DD | Market Commentary: DVI collapses under weight of looming bankruptcy; WorldCom steadies; HealthSouth higher
|
8/14/2003 | HY | Market Commentary: Charter pulls mega-deal, Funds zapped for $1.2 billion, Dex beams but reprices Friday
|
8/13/2003 | BK | Market Commentary: Huntsman amendment still under negotiation as Wednesday's approval deadline passes
|
8/13/2003 | CV | Market Commentary: New deal train chugs slowly along with string of small deals; dividend risk still high profile
|
8/13/2003 | DD | Market Commentary: HealthSouth mixed; Reliant sustains earnings drop; WorldCom steadies after several rocky sessions
|
8/13/2003 | HY | Market Commentary: Charter ups mega-deal price talk as three offerings price; Six Flags lowered on earnings
|
8/12/2003 | HY | Market Commentary: Charter restructures $1.7 billion mega-deal; HealthSouth jumps on interest payment
|
8/12/2003 | BK | Market Commentary: Reliant Resources plummets four points on the bid side as company reports losses
|
8/12/2003 | CV | Market Commentary: Reliant converts plunge 16.25 points as broader market gains; Cadence deal reoffered at 98
|
8/12/2003 | DD | Market Commentary: HealthSouth jumps on interest payment; Reliant Resources slides on earnings
|
8/11/2003 | DD | Market Commentary: WorldCom heads higher on revised financial expectations for 2003 through 2005
|
8/11/2003 | HY | Market Commentary: Pegasus TV swoons on legal hassles; primary side quiet
|
8/11/2003 | BK | Market Commentary: Dex Media West launches to positive reception, Del Monte amendment pulled
|
8/11/2003 | CV | Market Commentary: Trading quiet ahead of Fed; three deals on tap after close, with slim gray market activity
|
8/8/2003 | BK | Market Commentary: Calpine's new first lien debt heads up by about a point on first full day of trading
|
8/8/2003 | CV | Market Commentary: New issues trade up mostly, except for Lockheed; airlines higher in overall mixed market
|
8/8/2003 | DD | Market Commentary: Distressed debt seen mostly treading water; New Calpines attract attention
|
8/8/2003 | HY | Market Commentary: Three deals price, fourth scrubbed; outflow throws damper over market
|
8/7/2003 | BK | Market Commentary: Calpine prices and allocates $750 million offering, first lien term loan trades up to 99 area
|
8/7/2003 | CV | Market Commentary: Lockheed sweetens yield talk; Artesyn prints coupon wide of guidance; DST trades up
|
8/7/2003 | DD | Market Commentary: Calpine continues to languish even as unit's deal prices; Amerco seen lower
|
8/7/2003 | HY | Market Commentary: Junk funds see mammoth $2.56 bln outflow; Calpine reduces deal's bond piece; Dex slates $1.35 bln
|
8/6/2003 | HY | Market Commentary: Upsized Bio-Rad, downsized Fisher Scientific among pricing deals; Calpine little moved on numbers
|
8/6/2003 | BK | Market Commentary: Del Monte's proposed amendment has some seeing red over non-payment of call protection
|
8/6/2003 | CV | Market Commentary: Buyer-friendly market climate results in DST sweetening talk, Church & Dwight downsized
|
8/6/2003 | DD | Market Commentary: Airlines lower as machinists sue Northwest; Charter eases on new-deal worries, number worries
|
8/5/2003 | DD | Market Commentary: Global Crossing slides on weak earnings; WorldCom on road to recovery
|
8/5/2003 | HY | Market Commentary: Hilcorp prices downsized deal, Concentra also completed; aaiPharma gains on merger news
|
8/5/2003 | BK | Market Commentary: With market technicals shifting slightly Associated Materials' launch contains no pre-commitment talk
|
8/5/2003 | CV | Market Commentary: Further cheapening noted, but many buyers waiting in wings; new deal slate remains active
|
8/4/2003 | BK | Market Commentary: Kinetic Concepts hits secondary with a bang, trading as high as 101
|
8/4/2003 | CV | Market Commentary: AMR deal grounded, but two others at bat; buyers emerge as market begins to cheapen
|
8/4/2003 | DD | Market Commentary: WorldCom firmer on reports it didn't reroute calls; Hollywood Shreveport reviving
|
8/4/2003 | HY | Market Commentary: Advanstar downsizes two-tranche deal; Qwest up on Sprint alliance
|
8/1/2003 | BK | Market Commentary: Energy names Calpine, Allegheny, AES the focus; Nextel slides 1/2 point
|
8/1/2003 | CV | Market Commentary: Vishay reoffered at 98, drops; Fair Isaac, Mentor floater up; Tyco 3.125s drop on big sale
|
8/1/2003 | DD | Market Commentary: WorldCom lightens up after government ban on contracts; Hollywood Shreveport dives
|
8/1/2003 | HY | Market Commentary: Upsized Dynegy deal, Graphic Packaging lead primary; FHC Health scrubbed
|
7/31/2003 | HY | Market Commentary: Three smaller deals price as market sees $1.06 billion funds outflow; Charter up, WorldCom slides
|
7/31/2003 | BK | Market Commentary: Charter moves up on improved earnings; AES eases on loss
|
7/31/2003 | CV | Market Commentary: ExpressJet prices aggressively after Continental scraps stock sale; Dynegy sweetens yield
|
7/31/2003 | DD | Market Commentary: WorldCom swings lower minutes before close; Mirant slowing down; Bethlehem Steel firms
|
7/30/2003 | DD | Market Commentary: WorldCom still buzzing; Mirant pipes down; Petroleum Geo Services slides further
|
7/30/2003 | HY | Market Commentary: Euramax, Indiana Power price deals; Metris falls on ABS downgrade amid heavy secondary
|
7/30/2003 | BK | Market Commentary: AES, Huntsmen earnings haunt company debt; SPX plans amendment to credit facility
|
7/30/2003 | CV | Market Commentary: ExpressJet in holding pattern, waiting on Continental signal; three other new deals emerge
|
7/29/2003 | BK | Market Commentary: Huntsmen down on sluggish earnings; Allegheny still hot, but cooling
|
7/29/2003 | CV | Market Commentary: ExpressJet soars in gray market, as do most of new issues in play; Nextel Partners, Dynegy emerge
|
7/29/2003 | DD | Market Commentary: WorldCom staggers lower from rivals' accusations; USG and Federal Mogul drop on dismal earnings
|
7/29/2003 | HY | Market Commentary: Downsized CNH, upsized Eircom, Morris among deals pricing; Oregon Steel continues slide
|
7/28/2003 | BK | Market Commentary: Allegheny Energy firmer on sale of energy supply contract, Jostens flexes down on revolver
|
7/28/2003 | CV | Market Commentary: Dynegy seen launching smaller convert early Tuesday; seven other deals launched Monday
|
7/28/2003 | DD | Market Commentary: WorldCom deals with more fraud blows; Enron brightens after SEC releases bank settlement details
|
7/28/2003 | HY | Market Commentary: Slate keeps fattening, but no pricings; Oregon Steel off on delayed conference call
|
7/25/2003 | HY | Market Commentary: American Cellular, Ball Corp. price deals; AK firmer on financing news
|
7/25/2003 | BK | Market Commentary: Reddy Ice term loan B holds steady at par plus levels; Jostens anticipated to break any day
|
7/25/2003 | CV | Market Commentary: Quantum downsizes, sweetens deal as late surge of deals find many players on summer break
|
7/25/2003 | DD | Market Commentary: Mirant strengthens further; Loral Space ends rally; AK Steel obtains new credit facility
|
7/24/2003 | DD | Market Commentary: WorldCom still going strong; AK Steel continues improvement
|
7/24/2003 | HY | Market Commentary: Market takes pricing pause, though Ball, Corrections Corp. slate deals; funds see $91.5 million outflow
|
7/24/2003 | BK | Market Commentary: Calpine second-lien term loan heads lower following news of bond sale by subsidiary
|
7/24/2003 | CV | Market Commentary: Health Management breakfast deal reoffered at 98.75 to whet buyers' palate; four deals pricing after close
|
7/23/2003 | BK | Market Commentary: National Waterworks 102 call payment expected to entice investors to repricing proposal
|
7/23/2003 | CV | Market Commentary: Deluge of earnings headlines curbs trading; Amazon up on good volume for second day
|
7/23/2003 | DD | Market Commentary: WorldCom, Fleming still active; Conseco higher; AK Steel continues to recover from earnings
|
7/23/2003 | HY | Market Commentary: Busy day as Rural Cellular, Payless Shoe, others price; B/E Aerospace climbs
|
7/22/2003 | BK | Market Commentary: Nextel strengthens to plus-par levels on rating agencies' upgrades
|
7/22/2003 | CV | Market Commentary: Buyers tiptoeing back into market as premiums contract; Wells Fargo rekindles dividend fears
|
7/22/2003 | DD | Market Commentary: Mirant moderately higher; Fleming trades for two days straight; Global Crossing loses momentum
|
7/22/2003 | HY | Market Commentary: Nextel prices billion-dollar deal; Mandalay Resort upsizes offering
|
7/21/2003 | HY | Market Commentary: Westlake Chemical prices downsized deal; Rural Cellular offering ahead
|
7/21/2003 | BK | Market Commentary: Building Materials refinancing expected to blow out as trends still to point to strong investor demand
|
7/21/2003 | CV | Market Commentary: 3M heads higher on earnings news, Shaw up slightly in wake of last week's sell-off
|
7/21/2003 | DD | Market Commentary: Global Crossing gains on extension of sale review, AK Steel firms after recent plunge
|
7/18/2003 | DD | Market Commentary: AK Steel falls to distressed levels on loss; HealthSouth continues to erode
|
7/18/2003 | HY | Market Commentary: IMC Global prices upsized offering; AK Steel dives on loss
|
7/18/2003 | BK | Market Commentary: Oriental Trading reverse flexes; Crown Cork repricing sees recommitments before noon
|
7/18/2003 | CV | Market Commentary: Interrnet issues rocket higher; overall market rebounds slightly; call threats keep a lid on gains
|
7/17/2003 | BK | Market Commentary: Nextel's bank paper heads up by half a point on positive earnings announcement
|
7/17/2003 | CV | Market Commentary: Market slides sharply, thanks to Nasdaq, but uptick in volatility gives some encouragement
|
7/17/2003 | DD | Market Commentary: Global Crossing higher on clearance to sell to STT; airlines enjoy improved earnings finally
|
7/17/2003 | HY | Market Commentary: Nextel seen next with $1 billion note sale; Reddy Ice prices; $1.22 billion junk fund inflows in week
|
7/16/2003 | BK | Market Commentary: EaglePicher's new deal sees strong interest ahead of launch in paper hungry market
|
7/16/2003 | CV | Market Commentary: Mirant converts climb over 6 points; Lucent, Motorola put pressure on telecom sector
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7/16/2003 | DD | Market Commentary: Mirant debt gains slightly; Loral Space flying despite Chapter 11 filing; AMR narrows loss
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7/16/2003 | HY | Market Commentary: El Paso Natural Gas, Range Resources price new deals; Mirant firms in wake of Chapter 11
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7/15/2003 | HY | Market Commentary: Dynegy slates quick $1.2 billion mega-deal, bonds up on tender; bankrupt Mirant gyrates
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7/15/2003 | BK | Market Commentary: DaVita breaks at par plus levels; Dynegy and Loral up on proposed debt repayments
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7/15/2003 | CV | Market Commentary: Mirant bankruptcy creates a bloodbath, compounded by violent correction in bonds
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7/15/2003 | DD | Market Commentary: Mirant Chapter 11 drags on bonds; Loral files for Chapter 11 and rises on the news
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7/14/2003 | DD | Market Commentary: Mirant slides ahead of restructuring vote deadline; Enron and Global Crossing still in picture
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7/14/2003 | HY | Market Commentary: Dobson, Packaging Corp. slate deals; Charter bounces after Friday gyrations but new Calpines slide
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7/14/2003 | BK | Market Commentary: Kinetic Concepts bank meeting expected to be well attended as deal grabs market attention
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7/14/2003 | CV | Market Commentary: Six new deals totaling $690 million on tap for this week; Charter levels off, Tyco up
|
7/11/2003 | CV | Market Commentary: Charter deal emerges as junk bond to fund tender for its convertibles, which climb further
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7/11/2003 | DD | Market Commentary: Global Crossing debt happy as creditors back plan; Enron files restructuring; asbestos falls
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7/11/2003 | HY | Market Commentary: Charter bonds gyrate on new-deal and tender offer news; revamped Western Wireless offering prices
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7/11/2003 | BK | Market Commentary: Charter's bank debt rallies on news of $1.7 billion senior notes offering
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7/10/2003 | BK | Market Commentary: Charter up on convertible deal rumor; Calpine revolver breaks and trades at over-par levels
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7/10/2003 | CV | Market Commentary: CMS ponies up more yield; MedImmune repriced at 95; buzz emerges of Charter deal
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7/10/2003 | DD | Market Commentary: Adelphia resumes climb; Owens Corning can't sustain rally; WorldCom rising again
|
7/10/2003 | HY | Market Commentary: Calpine mega-deal prices, fizzles in secondary; funds see $223.8 million inflow
|
7/9/2003 | HY | Market Commentary: Calpine deal grows to $2 billion-plus; CMS prices 7-year notes; Charter bonds up
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7/9/2003 | BK | Market Commentary: New deals anticipated to flex down, companies try to refinance, reprice existing loans in hot market
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7/9/2003 | CV | Market Commentary: CMS deal revived with wider yield talk, joining TXU after close as power issues heat up
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7/9/2003 | DD | Market Commentary: HealthSouth and WorldCom keep market moving; Calpine rises on boost of bond offer
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7/8/2003 | DD | Market Commentary: WorldCom slides after cutting revenue forecast; HealthSouth still active after CEO statement
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7/8/2003 | HY | Market Commentary: Western Wireless plans $600 million deal, others slate; Dana bonds firm on takeover news
|
7/8/2003 | BK | Market Commentary: Wackenhut breaks at par 5/8, trades as high as 101; Oriental Trading oversubscribed ahead of launch
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7/8/2003 | CV | Market Commentary: Traders note more summer-like flow; some profit taking seen as new deal party rocks on
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7/7/2003 | CV | Market Commentary: HealthSouth converts bid up some 20 points on financials; trading sees post-holiday lull
|
7/7/2003 | DD | Market Commentary: WorldCom settlement approved; Owens Corning weighed by legislation
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7/7/2003 | HY | Market Commentary: Calendar builds as deals hit the road; HealthSouth firms on hopeful projections
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7/7/2003 | BK | Market Commentary: Jostens' B loan attracts orders prior to launch, boosting expectation of smooth syndication
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7/3/2003 | BK | Market Commentary: Long awaited Packaged Ice deal to hit market after holiday weekend
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7/3/2003 | CV | Market Commentary: Players focus on stocks as volatility spikes on snafu at CBOT; most new paper lower
|
7/3/2003 | DD | Market Commentary: HealthSouth firmer on report it may hire CSFB; Global Crossing losing steam
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7/3/2003 | HY | Market Commentary: Market quietly fades into Fourth; sees second straight outflow, $144.296 million
|
7/2/2003 | HY | Market Commentary: Vivendi, Cincy Bell upsize deals as market winds down; Aurora up on restructuring news
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7/2/2003 | BK | Market Commentary: Aurora Foods bank debt trades higher as investors expect paydown and new notes
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7/2/2003 | CV | Market Commentary: Volatility players emerge with a vengence, picking up mostly new deals with lower premiums
|
7/2/2003 | DD | Market Commentary: Asbestos companies continue slide; American Airlines falls on negative reports
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7/1/2003 | DD | Market Commentary: Global Crossing firmer on extension; Mirant, Enron make appearances
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7/1/2003 | HY | Market Commentary: Mohegan, Wackenhut, two more price deals; Beverly up on asset sale
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7/1/2003 | BK | Market Commentary: TransDigm's B loan expected to come inside of price talk as deal reaches oversubscription on launch date
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7/1/2003 | CV | Market Commentary: Broader market softer but new paper from Sina, Fisher higher; Level 3 seen getting upsized
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6/30/2003 | CV | Market Commentary: Rush of deals launched ahead of holiday; 4 at bat, another 4 set for Tuesday; Mirant finds support
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6/30/2003 | DD | Market Commentary: Mirant rallies on bondholder support; Global Crossing active; Enron lower despite extension
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6/30/2003 | HY | Market Commentary: Mirant bonds firm as company claims holder backing; three quickie deals price
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6/30/2003 | BK | Market Commentary: Dean Foods to tap existing debt for Horizon Organic acquisition
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6/27/2003 | BK | Market Commentary: Worldspan term loan B jumps by about two points from original offer price on first day of trading
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6/27/2003 | CV | Market Commentary: Nextel Partners soars on buzz of another new deal; Magma drops after KPMG dismissal hits tape
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6/27/2003 | DD | Market Commentary: UAL, AMR rise on improved operating reports; Calpine still strong; Global Crossing better bid
|
6/27/2003 | HY | Market Commentary: PG&E, Petrobras lead busy new-issue marathon; Levi continues lower
|
6/26/2003 | HY | Market Commentary: Reliant Resources upsizes to $1.1 billion two-parter; junk funds see $177 million outflow
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6/26/2003 | BK | Market Commentary: Calpine heads closer to par as investors anticipate successful completion of refinancing plan
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6/26/2003 | CV | Market Commentary: GM boosted to $4 billion; Sealed Air, Crown Castle join deal party; Reliant, Calpine mixed on deals
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6/26/2003 | DD | Market Commentary: AMR flying high on positive cash flow news; Calpine up four points; Global Crossing higher
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6/25/2003 | DD | Market Commentary: Energy companies still active; Enron higher; Owens Corning rises three points
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6/25/2003 | HY | Market Commentary: Alaris, Aviall, Avondale Mills, MobiFon price deals; Tenet off after Moody's cuts rating to junk
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6/25/2003 | BK | Market Commentary: Xerox better bid, continues to head up since breaking; Allegheny second tier bid rebounds slightly
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6/25/2003 | CV | Market Commentary: Halliburton, EDS shoot up after pricing; yield-seekers on the hunt in wake of Fed ease
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6/24/2003 | CV | Market Commentary: Demand squeeze forces new deals to wide end of ranges; Nektar sweetens
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6/24/2003 | DD | Market Commentary: Calpine, Mirant lead distressed trading; Adelphia and Fleming back in the picture
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6/24/2003 | HY | Market Commentary: Danka, Worldspan price deals; Allegheny Energy lower on liquidity warning
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6/24/2003 | BK | Market Commentary: Allegheny heads lower on liquidity concerns; Medco meeting well attended
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6/23/2003 | BK | Market Commentary: Domino's, Vivendi Universal Entertainment break for trading at 101; Calpine up on revolver agreement
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6/23/2003 | CV | Market Commentary: Market cheapening poses double-edged sword as new paper suffers; 4 deals emerge
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6/23/2003 | DD | Market Commentary: Mirant still going strong; WorldCom starts week higher; Fleming remains under a penny
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6/23/2003 | HY | Market Commentary: Tenet lower on earnings warning; Huntsman, Mobile Mini, Gerdau-Ameristeel deals price
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6/20/2003 | HY | Market Commentary: Xerox bonds firm after big deal; Levi lower; primary deals hitting road
|
6/20/2003 | BK | Market Commentary: More people vie for Huntsman bank debt as pricing of Huntsman AM bond deal approaches
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6/20/2003 | CV | Market Commentary: GM's new $3.5 billion deal gets many excited; Xerox heads higher in active first day of trading
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6/20/2003 | DD | Market Commentary: Mirant bounces around as company seeks prepackaged Chapter 11 OK; AMR gains on S&P upgrade
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6/19/2003 | DD | Market Commentary: Mirant higher, trial set for bondholders; WorldCom still active; Fleming issue under a penny
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6/19/2003 | HY | Market Commentary: Xerox upsizes mega-deal to $1.25 billion; junk funds see third straight inflow at $716.9 million
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6/19/2003 | BK | Market Commentary: Laidlaw continues above par after struggling in syndication; Wyndham up despite pay down
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6/19/2003 | CV | Market Commentary: Xerox increased to $800 million as oversubscription is achieved ahead of final pricing
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6/18/2003 | CV | Market Commentary: CNet pulled, other new deals sweetened; Reliant upsizes as buyers reach for a fat coupon
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6/18/2003 | DD | Market Commentary: American Airlines bid up after stock upgrade; WorldCom, Adelphia still active
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6/18/2003 | HY | Market Commentary: Downsized Domino's leads trio of deals; Buhrmann up on asset sale
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6/18/2003 | BK | Market Commentary: Packaged Ice launch slated for early July due to SEC review of leveraged buyout
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6/17/2003 | BK | Market Commentary: Packaged Ice postpones Thursday's bank meeting for $170 million credit facility
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6/17/2003 | CV | Market Commentary: New deal parade marches on; Lattice reoffered at 98, still dives; secondary thin, lower
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6/17/2003 | DD | Market Commentary: WorldCom slides slightly on revenue news; Grupo Iusacell slips on news Azteca won't back debt
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6/17/2003 | HY | Market Commentary: New deals pass 2002 total as Offshore Logistics, Iron Mountain price; power producer bonds firmer
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6/16/2003 | BK | Market Commentary: Wackenhut term loan B more than 50% subscribed ahead of Wednesday's launch date
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6/16/2003 | CV | Market Commentary: ICOS, Lattice at bat; buzz puts Nextel Partners eyeing another convert after new junk offering
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6/16/2003 | DD | Market Commentary: Air Canada debt improving; WorldCom remains active
|
6/16/2003 | HY | Market Commentary: Centennial, Nextel Partners lead trio of deals; Nextel to redeem preferred
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6/13/2003 | DD | Market Commentary: WorldCom falls on report U.S. may end contracts; Fleming higher as signs of improvement surface
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6/13/2003 | HY | Market Commentary: New deal parade rolls on, fueled by more liquidity; Levi Strauss lower
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6/13/2003 | BK | Market Commentary: Nextel term loan A trades higher again as market technicals continue to prop up paper
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6/13/2003 | CV | Market Commentary: Criimi Mae piques interest of yield-grabbers; 13 new issues total $1.7 billion for the week
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6/12/2003 | CV | Market Commentary: Yield-grabbers reach for busted convertibles, distressed issues; new paper mixed in secondary
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6/12/2003 | DD | Market Commentary: HealthSouth active as allegations mount; energy sector livens; WorldCom actively trades
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6/12/2003 | HY | Market Commentary: NVR sets new yield record; Calpine up on financing; $1.329 billion inflow is 2nd straight 10-digit gain
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6/12/2003 | BK | Market Commentary: Wyndham bank debt heads up as company gets closer to satisfying amendment requirements
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6/11/2003 | BK | Market Commentary: New issue spreads lower and tighter as loan repayments leave investors with excess cash
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6/11/2003 | CV | Market Commentary: Xerox emerges as a mandatory; Mirant in freefall; Tyco gains on unit sale talk; airlines fly high
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6/11/2003 | DD | Market Commentary: American Airlines better bid as confidence grows; Mirant mixed but mostly lower
|
6/11/2003 | HY | Market Commentary: Xerox bonds up on recapitalization news; MSW Energy prices seven-year deal
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6/10/2003 | BK | Market Commentary: Wyndham heads north by a point, Nextel up about a quarter as investors scour for paper
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6/10/2003 | CV | Market Commentary: Xerox buzz renewed with bank loan activity; call threats pull in several issues; Mirant dives on MAG snag
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6/10/2003 | DD | Market Commentary: Mirant plunges on report bondholders may block note exchange; UAL weakens after SEC filing
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6/10/2003 | HY | Market Commentary: Tenneco, IOS lead busy new-deal sector; secondary in the shadows
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6/9/2003 | DD | Market Commentary: HealthSouth sustains bid; Mirant, Calpine firm up at the start of a new week
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6/9/2003 | HY | Market Commentary: CBD Media prices; wireless gains as secondary holds firm tone
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6/9/2003 | BK | Market Commentary: Nextel heads higher as demand outweighs supply; Qwest trades but activity level slowed
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6/9/2003 | CV | Market Commentary: Week begins slowly with a thin market; Omnicare prices, three more small deals emerge
|
6/6/2003 | CV | Market Commentary: Convertibles see record week with 16 deals totaling $4.47 billion; Cephalon, Continental climb
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6/6/2003 | DD | Market Commentary: HealthSouth rises as optimism sinks in; WestPoint Stevens bank debt gains; WorldCom trades
|
6/6/2003 | HY | Market Commentary: Flow of cash lifts market; Tower, United Components price
|
6/6/2003 | BK | Market Commentary: Charter active after Comcast deal announced; Qwest floating-rate tranche still soaring
|
6/5/2003 | BK | Market Commentary: Qwest breaks above par on floating-rate, below par on fixed-rate; Owens-Illinois breaks above par
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6/5/2003 | CV | Market Commentary: Continental soars past 107; five new deals totaling $1.23 billion at bat after closing bell
|
6/5/2003 | DD | Market Commentary: American Airlines scales new heights, Continental, Northwest follow; Calpine rallies
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6/5/2003 | HY | Market Commentary: Upsized Williams leads new-deal surge; funds $1.45 billion inflows; airline bonds flying
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6/4/2003 | BK | Market Commentary: Qwest considering even larger credit facility as newly launched deal sees overwhelming demand
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6/4/2003 | CV | Market Commentary: Airline paper flies; energy issues power up after Mirant scare; Schlumberger resold under par
|
6/4/2003 | DD | Market Commentary: Mirant, Calpine extend slide on downgrades, exchange offer; WestPoint Stevens bank debt higher
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6/4/2003 | HY | Market Commentary: Healthsouth, airlines higher; Esterline, Dayton Superior price; Williams upsizes
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6/3/2003 | DD | Market Commentary: Mirant's exchange offer, bankruptcy vote sends energy lower; Global Crossing still going strong
|
6/3/2003 | HY | Market Commentary: OM Group gains on planned divestiture; Calpine lower; XM, LodgeNet shop new deals
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6/3/2003 | BK | Market Commentary: OM Group trades almost a point higher as investors expect a paydown from asset sale
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6/3/2003 | CV | Market Commentary: Mirant 5.75s fall 12-15 points on bankruptcy buzz; six new deals afloat in primary
|
6/2/2003 | CV | Market Commentary: Cablevision soars on news of spin-offs; new paper mixed as two new deals emerge late
|
6/2/2003 | DD | Market Commentary: Charter still active after equity upgrade; Mirant better bid on interest; WestPoint Stevens in motion on DIP
|
6/2/2003 | HY | Market Commentary: Levi gyrates on tax probe news; Charter keeps gaining; Williams, Ipsco market deals
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6/2/2003 | BK | Market Commentary: Qwest upsizes, Charter and Nextel firm in trading
|
5/30/2003 | BK | Market Commentary: Domino's called aggressive based on leverage, pricing; Qwest structure may suit junk, distressed
|
5/30/2003 | CV | Market Commentary: Lucent, Ask Jeeves trade near 102 then drop below par; EFI stands strong at 102.5 bid
|
5/30/2003 | DD | Market Commentary: Global Crossing better bid on narrower monthly loss; Charter soars on financing rumors
|
5/30/2003 | HY | Market Commentary: Upsized Triton PCS leads trio of pricings, but Nova drops out
|
5/29/2003 | BK | Market Commentary: Charter trades higher ahead of Friday's bank meeting on amendment
|
5/29/2003 | CV | Market Commentary: Lucent upsized to $1.525 billion, premium price talk revised on strong demand
|
5/29/2003 | DD | Market Commentary: Qwest dives after earnings, widened SEC probe; Aquila drops on downgrade
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5/29/2003 | HY | Market Commentary: Funds down $619.6 million in second outflow; Alon scrubs deal; Charter up on asset sale, loan talk
|
5/28/2003 | DD | Market Commentary: UAL slides on April results; Magellan higher as Onex investment news sinks in
|
5/28/2003 | HY | Market Commentary: Lucent up on news of $1.3 billion convertible deal; Impress Group prices euro offering
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5/28/2003 | BK | Market Commentary: Huntsman continues to fall as investor disappointment on cancelled bond deal remains
|
5/28/2003 | CV | Market Commentary: Market attention drawn to new issues as Delta and Juniper get reoffered at lower prices
|
5/27/2003 | CV | Market Commentary: D.R. Horton moves on redemption; Bunge higher on fundamentals; Northwest heads up with stock
|
5/27/2003 | DD | Market Commentary: Telecom activity fades; Enron crosses desks at lower levels; Owens Corning's debt lower
|
5/27/2003 | HY | Market Commentary: Dimon prices 10-year deal; Calpine edges up on bank extension news
|
5/27/2003 | BK | Market Commentary: Huntsman lower on news of cancelled bond deal; Calpine strengthens on loan extension
|
5/23/2003 | BK | Market Commentary: Wyndham may finally reach agreement with lenders to extend IRL and revolver
|
5/23/2003 | CV | Market Commentary: Quiet day ahead of three-day holiday weekend; utility issues soar; Credence reoffered at 96.5
|
5/23/2003 | DD | Market Commentary: WorldCom trades in quiet session after judge approves plan; Nova Chemical higher
|
5/23/2003 | HY | Market Commentary: Rent-Way, TransMontaigne deals price in shortened session; Alaris up on tender news
|
5/22/2003 | BK | Market Commentary: Rent-A-Center allocates and breaks for trading; term B par 1/2 bid, par 3/4 offered
|
5/22/2003 | CV | Market Commentary: With $10 billion of new paper in play for May, flow picks up; Credence slips in overnighter
|
5/22/2003 | DD | Market Commentary: Calpine, Mirant continue lower on analyst's report; AMR, UAL remain on upward path
|
5/22/2003 | HY | Market Commentary: Seven deals price; Triton PCS up on tender news; $257.7 million outflow is funds' first in weeks
|
5/21/2003 | DD | Market Commentary: UAL up on news it may leave bankruptcy early; AMR higher; Adelphia brightens on investor rumors
|
5/21/2003 | HY | Market Commentary: Georgia-Pacific, Universal Compression, Province, two split-rated deals price; Calpine lower
|
5/21/2003 | BK | Market Commentary: Rent-A-Center, Vail, Hayes and Laidlaw all flex; handful of deals hit the primary
|
5/21/2003 | CV | Market Commentary: Providian's new paper soars to 104.5; Elan gains on deal for King sale; new deals continue to flow
|
5/20/2003 | CV | Market Commentary: Buyers finding more to chew on among this week's deals; upsizing, tightening prevail
|
5/20/2003 | DD | Market Commentary: WorldCom lower; Sirius Satellite moves up on convertible announcement; Magellan Health up
|
5/20/2003 | HY | Market Commentary: El Paso, Rhodia price mega-deals; Hard Rock, others also appear; new-deals dominate secondary
|
5/20/2003 | BK | Market Commentary: Centerpulse trades up on Zimmer bid; Penn National stronger on rating outlook revision
|
5/19/2003 | CV | Market Commentary: Despite stocks' sharp retreat, 4 new deals emerge; Amazon deal speculation resurfaces
|
5/19/2003 | DD | Market Commentary: WorldCom active on settlement news; American Tower brightens on Bear Stearns upgrade
|
5/19/2003 | HY | Market Commentary: Four deals join slate; heavy secondary takes cue from stocks
|
5/19/2003 | BKCVDDHY | No upgrade reviews so far in May, Moody's said
|
5/19/2003 | BK | Market Commentary: Rent-A-Center closes books on Monday with all three tranches oversubscribed
|
5/16/2003 | BK | Market Commentary: Investors undaunted by lower pricing on Owens-Illinois' B loan
|
5/16/2003 | CV | Market Commentary: Slow session follows frantic week of heavy new issuance
|
5/16/2003 | DD | Market Commentary: Energy still going strong; WorldCom active; AMR continues to fly high
|
5/16/2003 | HY | Market Commentary: Jefferson Smurfit, SpectraSite lead deal deluge; Charter up on asset-sale buzz
|
5/15/2003 | BK | Market Commentary: Medex breaks in secondary, term loan B trades as high as par 3/4 on first day in market
|
5/15/2003 | CV | Market Commentary: Convertibles enjoy momentum from junk bond frenzy
|
5/15/2003 | DD | Market Commentary: Aquila, Northwestern active on earnings; AMR improves; Global Crossing breaks out of range
|
5/15/2003 | HY | Market Commentary: Lyondell, add-on deals price; funds see $330 million inflow; Collins & Aikman falls on earnings
|
5/14/2003 | DD | Market Commentary: NRG steady as it files for Chapter 11; distressed market otherwise seen quiet
|
5/14/2003 | HY | Market Commentary: US Steel, L-3, Dole, others price deals; secondary focuses on new paper
|
5/14/2003 | BK | Market Commentary: Jack in the Box holds steady on Q2 results; TransWestern trades as earnings motivate sellers
|
5/14/2003 | CV | Market Commentary: Buyers' strike continues amid wide range of new deal types; Sinclair, Triarc hit home runs
|
5/13/2003 | CV | Market Commentary: Many players welcome influx of new deals, though rich; hoping raging demand will be curbed
|
5/13/2003 | DD | Market Commentary: Calpine debt climbs on narrower loss, Aquila payment news
|
5/13/2003 | HY | Market Commentary: Muzak, Rite Aid price deals; secondary still muted
|
5/13/2003 | BK | Market Commentary: Calpine rallies in a generally better bid energy/utility sector on earnings and plant sale news
|
5/12/2003 | BK | Market Commentary: Charter continues to feel strong with quotes in the low 90s as investors' comfort grows
|
5/12/2003 | CV | Market Commentary: Traders begin to boost hedges but note lack of conviction in rally; three new deals emerge
|
5/12/2003 | DD | Market Commentary: Airlines firmer as carriers hike prices; Qwest said to buy back debt
|
5/12/2003 | HY | Market Commentary: Interline, Standard Pacific price deals; secondary continues slumber
|
5/9/2003 | BK | Market Commentary: Riverwood Holdings/Graphic Packaging credit facility slated to launch first week of June
|
5/9/2003 | CV | Market Commentary: Profit taking noted among high yield players; some attention turns to European convertibles
|
5/9/2003 | DD | Market Commentary: Calpine, Mirant remain active; Armstrong World higher on healthier earnings
|
5/9/2003 | HY | Market Commentary: Titan, Key Energy price deals, Laidlaw, SpectraSite and Forest City slate; secondary lackluster
|
5/8/2003 | DD | Market Commentary: XM Satellite Radio inches higher on revenue growth; Fleming rises despite closings
|
5/8/2003 | HY | Market Commentary: Primedia leads busy new-deal parade; Gap gains on sales rise; funds see another billion-dollar inflow
|
5/8/2003 | BK | Market Commentary: Energy may be taking breather from recent run; Reliant down on earnings; CMS holds steady
|
5/8/2003 | CV | Market Commentary: Trading slowed as players step back into sidelines to study as bond rally cools, stocks retreat
|
5/7/2003 | CV | Market Commentary: Mirant lower on lack of visibility on bank refinancing; Charter up as net loss narrows, hopes rise
|
5/7/2003 | DD | Market Commentary: Energy sector's rally slows; Kmart higher as stock trades OTC for first day; Global Crossing trades
|
5/7/2003 | HY | Market Commentary: Charter bonds gain on smaller loss; CMA CGM prices downsized 10-year deal
|
5/7/2003 | BK | Market Commentary: Owens-Illinois B loan subscribed on day of launch; Charter heads higher on earnings
|
5/6/2003 | BK | Market Commentary: Wyndham heads north on earnings news; Rent-A-Center new loan sees lots of interest
|
5/6/2003 | CV | Market Commentary: Market mixed in choppy trade; new deal surge continues
|
5/6/2003 | DD | Market Commentary: Telecoms, airlines gain from upgrades; Kmart's bonds jolted, but end at a.m. levels
|
5/6/2003 | HY | Market Commentary: Satellite TV, radio bonds firmer; Royal Caribbean, Oxford price new deals; US Steel, Primedia slate
|
5/5/2003 | BK | Market Commentary: Amphenol allocates, term loan B breaks for trading at par 3/8, par 5/8
|
5/5/2003 | CV | Market Commentary: Tech names higher, partly on Lucent/Juniper agreement; LIN, Edwards pricing before Tuesday open
|
5/5/2003 | DD | Market Commentary: Qwest, WorldCom gain; Armstrong World better bid; UAL still rising
|
5/5/2003 | HY | Market Commentary: Airlines continue climb in otherwise earthbound market; Buffett bails out; LIN prices 10-year deal
|
5/2/2003 | DD | Market Commentary: UAL higher despite earnings bomb; other airlines stronger on Merrill upgrade; HealthSouth ekes out gain
|
5/2/2003 | HY | Market Commentary: Primary holds spotlight as Hovnanian, Corrections, Jafra price; airlines jump on Merrill boost
|
5/2/2003 | BK | Market Commentary: Price talk on Rent-A-Center has B loan at 250 to 275 basis points, revolver at 225
|
5/2/2003 | CV | Market Commentary: Market focuses on absorbing aggressively priced new issuance
|
5/1/2003 | CV | Market Commentary: Duke Energy off highs in gray market on revised terms; new issuance flooding in overnight
|
5/1/2003 | DD | Market Commentary: HealthSouth drops as forbearance expires; Tyco nudged lower; energy continues surge
|
5/1/2003 | HY | Market Commentary: Secondary steps back as primary parade surges; giant AES deal prices; $1.09 billion fund inflows
|
5/1/2003 | BK | Market Commentary: Primary heats up as first full week of May nears; $3.38 billion to launch by Wednesday
|
4/30/2003 | BK | Market Commentary: Energy/utility sector continues higher on recently renewed investor confidence
|
4/30/2003 | CV | Market Commentary: Tyco convertibles drop to 97 on accounting charge news only to end higher at 102
|
4/30/2003 | DD | Market Commentary: HealthSouth climbs on cash flow news; Mirant, energy sector zoom ahead
|
4/30/2003 | HY | Market Commentary: Mirant up despite restatement; Philips-Van Heusen prices, rises in trading; AES upsizes
|
4/29/2003 | BK | Market Commentary: Allied Waste's term loan B dips down to par 3/8 on market technicals
|
4/29/2003 | CV | Market Commentary: Secondary activity picks up on influx of earnings reports; flow of small new issues continues
|
4/29/2003 | DD | Market Commentary: Dynegy's healthy earnings send energy companies into orbit; WorldCom dips even as profits improve
|
4/29/2003 | HY | Market Commentary: Dynegy gains on better earnings; Owens-Brockway prices upsized two-tranche deal
|
4/28/2003 | DD | Market Commentary: Airlines and energy gain; HealthSouth falls but advances to opening levels; Kmart higher
|
4/28/2003 | HY | Market Commentary: Oxford, Medex unveil new deals; Charter, WestPoint sales dominate secondary
|
4/28/2003 | BK | Market Commentary: Huntsman trades about three points higher following better-than-expected earnings
|
4/28/2003 | CV | Market Commentary: Thin market reported as players digest heavy earnings stream; lack of issuance perplexes some
|
4/25/2003 | CV | Market Commentary: Amazon rise burns heavy hedges; Emulex bonds hold on stock drop; distressed buyers remain active
|
4/25/2003 | DD | Market Commentary: Fleming firmer after new management takes over; AMR higher as union accepts new deal
|
4/25/2003 | HY | Market Commentary: Firm tone continues; asbestos names up as deal seen near; Cinemark brings $210 million add-on
|
4/25/2003 | BK | Market Commentary: Allied Waste breaks and trades actively at par 1/2 bid, par 5/8 offer on the B loan
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4/24/2003 | BK | Market Commentary: Nextel active on second day of earnings' effects; Xerox soars on refinancing talk
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4/24/2003 | CV | Market Commentary: Converts mixed as stock rally falters while spreads tighten; new issues mixed as well
|
4/24/2003 | DD | Market Commentary: Telecoms gain on AT&T earnings; energy companies still popular; AMR tentatively stable
|
4/24/2003 | HY | Market Commentary: Another $951.9 million of cash joins already red-hot market; AES announces launch of $1 billion
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4/23/2003 | BK | Market Commentary: Competent earnings lift Nextel, Xerox; Allegheny and Calpine continue to strengthen
|
4/23/2003 | CV | Market Commentary: Carnival's new deal repriced, still drops; earnings lift Lucent, Nextel
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4/23/2003 | DD | Market Commentary: AMR's earnings push bonds lower; Kmart up as company steps closer to leaving bankruptcy
|
4/23/2003 | HY | Market Commentary: Lucent, airlines gain as investors take risks in firmer market; Bluewater prices
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4/22/2003 | DD | Market Commentary: AMR bankruptcy fears bring sector down, Mirant, Federal Mogul rise
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4/22/2003 | HY | Market Commentary: Mirant, other energy names better; Millennium America prices add-on deal
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4/22/2003 | BK | Market Commentary: Charter term loan B trades actively at 901/2 to 91 on Tuesday as more buyers come forward
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4/22/2003 | CV | Market Commentary: Sharp rally in Viacom, L-3 could lead to profit taking; Pride deal up out of gate; Carnival jumps in
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4/21/2003 | CV | Market Commentary: Market still in thin, holiday mode; deal flow seen picking up swiftly
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4/21/2003 | DD | Market Commentary: American falls on labor pains; National Steel up; Mirant higher after company obtains waiver
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4/21/2003 | HY | Market Commentary: AMR down as employees move towards re-vote; Corrections Corp., Phillips Van Heusen hitting the road
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4/21/2003 | BK | Market Commentary: Rite Aid's $2 billion loan has some unenthused due to large size, B1 rating and low price talk
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4/17/2003 | BK | Market Commentary: Charter and Calpine both halt recent gains, dipping slightly ahead of holiday weekend
|
4/17/2003 | CV | Market Commentary: Many players skip out early for long weekend; expectations high for healthy pipeline of new deals
|
4/17/2003 | DD | Market Commentary: American up after sidestepping bankruptcy; WestPoint Stevens falls on bank negotiations news
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4/17/2003 | HY | Market Commentary: XTO achieves yield of just 61/4% on $400 million deal; airlines, El Paso gain; $555 million inflow
|
4/16/2003 | BK | Market Commentary: Charter half a point higher; Peabody firm on earnings; Levi's unchanged as market awaits clarity
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4/16/2003 | CV | Market Commentary: Lower credits gain ground while high grades slip on call repricing; Hilton deal slides in aftermarket
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4/16/2003 | DD | Market Commentary: AMR soars ahead of union voting deadline; Kmart weakens as confirmation hearing drags on
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4/16/2003 | HY | Market Commentary: Equistar prices upsized $450 million; Levi descends more, Better Minerals soars on sale of unit
|
4/15/2003 | HY | Market Commentary: Four deals price as market stays hot; Levi Strauss plunges on tax allegations, Charter up
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4/15/2003 | BK | Market Commentary: Levi Strauss term loan B dips on tax fraud allegations
|
4/15/2003 | CV | Market Commentary: Market watches credit trends for buy, sell opportunities; Charter firms on cash infusion from Allen
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4/15/2003 | DD | Market Commentary: Charter fluctuates on news of loan from Allen, SEC probe; Aquila firm despite feeble earnings
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4/14/2003 | CV | Market Commentary: Short week gets off to slow start; Disney moves along with Yahoo
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4/14/2003 | DD | Market Commentary: WorldCom cheered by reorganization plan; airlines mixed on war end, looming earnings reports
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4/14/2003 | HY | Market Commentary: Charter bonds gain as Allen talks with Comcast; Rite Aid, XTO, Equistar slate deals
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4/14/2003 | BK | Market Commentary: Charter B loan trades sideways at 901/2 after 300 basis points gain last week
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4/11/2003 | BK | Market Commentary: Allied Waste interest turns to revolver's trading future; Rite Aid heads up on refinancing
|
4/11/2003 | CV | Market Commentary: Market slow, slower ahead of short week, anticipated earnings deluge
|
4/11/2003 | DD | Market Commentary: National Steel lower as bidding heats up; AMR feels the pain of CEO's comments
|
4/11/2003 | HY | Market Commentary: Rite Aid jumps on credit facility news; D.R. Horton, four others price offerings
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4/10/2003 | BK | Market Commentary: Amphenol term loan B receives almost $300 million in commitments on day of launch
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4/10/2003 | CV | Market Commentary: Cable, media issues in flux; Yahoo boosted by earnings; new paper mixed in trading
|
4/10/2003 | DD | Market Commentary: Airlines continue to slide; energy off on profit-taking; National Steel shines as bid deadline looms
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4/10/2003 | HY | Market Commentary: Manor Care, Town Sports price deals; third straight mega-inflow of $1.17 billion; AK off
|
4/9/2003 | HY | Market Commentary: Iron Mountain, Six Flags deals price; secondary softer on profit taking
|
4/9/2003 | BK | Market Commentary: Extra cash in investors pockets from loan repayments leads to firmer secondary, tighter spreads
|
4/9/2003 | CV | Market Commentary: Wells Fargo, Disney open below par; Photronics new deal soars 4 points in gray
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4/9/2003 | DD | Market Commentary: National Steel spurred by U.S. Steel labor pact; Mirant falls on downgrade; Calpine retreats further
|
4/8/2003 | CV | Market Commentary: Injection of $4 billion in much-needed new paper welcomed in otherwise very quiet session
|
4/8/2003 | DD | Market Commentary: Granite inches higher on earnings outlook; American Airlines slides on labor talk
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4/8/2003 | HY | Market Commentary: Market mostly range-bound, though airlines, power off; Park Place split-rated deal prices
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4/8/2003 | BK | Market Commentary: International Steel's upcoming deal catches attention on question of market reaction to steel industry
|
4/7/2003 | BK | Market Commentary: Tesoro upsizes term loan B by $50 million, decreases bond offering by $25 million
|
4/7/2003 | CV | Market Commentary: Computer Network bonds crushed as holders flee due to cash use for acquisition
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4/7/2003 | DD | Market Commentary: Energy companies ride refinancing wave; Bombardier active on subway contract, equity offering
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4/7/2003 | HY | Market Commentary: Snow throws wet blanket over trading, though airlines gain; new Tesoro deal downsized
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4/4/2003 | BK | Market Commentary: AES heads higher on news of expected $475 million bank debt repayment
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4/4/2003 | CV | Market Commentary: Yahoo! overnighter meets few cheers; AES plan lifts power group; warning crushes Affymetrix
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4/4/2003 | DD | Market Commentary: Airlines soar on funding news, ignore war, SARS impact
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4/4/2003 | HY | Market Commentary: AES bonds rise as company plans $1 billion deal; Allied Waste, Resolution, others price
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4/3/2003 | HY | Market Commentary: Vivendi prices upsized mega-deal, Huntsman also appears; fund flows add another $1.2 billion
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4/3/2003 | BK | Market Commentary: Wyndham again asks lenders for extension of IRLs, revolver maturities
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4/3/2003 | CV | Market Commentary: Refinancing hopes, quest for delta provide buying catalyst; HealthSouth firmer on rescue hopes
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4/3/2003 | DD | Market Commentary: Dynegy, Calpine surge; Adelphia higher; Air Canada strengthens on buyout talks
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4/2/2003 | CV | Market Commentary: Allied Waste deal stands pat; energy names firm on hope from Reliant's bank victory
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4/2/2003 | DD | Market Commentary: Energy companies move on news from Dynegy, Reliant; telecoms firm
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4/2/2003 | HY | Market Commentary: Dynegy powers up on financing, airlines on Washington action; Tesoro hits the road
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4/2/2003 | BK | Market Commentary: Firm secondary tone; Charter moves up a point; Corrections Corp. steady on boosted guidance
|
4/1/2003 | BK | Market Commentary: Charter moves higher on news of $300 million loan proposal from Paul Allen
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4/1/2003 | CV | Market Commentary: Fleming converts close to zero; Charter holders sigh in relief on pledge to make coupon payment
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4/1/2003 | DD | Market Commentary: Fleming ends rumors with Chapter 11 filing; Air Canada down after bankruptcy filing
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4/1/2003 | HY | Market Commentary: Reliant, Charter, jump on financing news; AMR continues gains; Dan River prices
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3/31/2003 | BK | Market Commentary: Nextel trades at 97 5/8 in sluggish secondary; El Paso holds steady following earnings news
|
3/31/2003 | CV | Market Commentary: Market tiptoes into earnings season with anxiety, weighed down by uncertainty of war length
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3/31/2003 | DD | Market Commentary: Fleming falls another 5 points; AMR rises on union talks
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3/31/2003 | HY | Market Commentary: Fleming falls again; AMR up as bankruptcy averted; CanWest brings $200 million deal
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3/28/2003 | BK | Market Commentary: Nextel trades higher on $5 billion shelf filing; Dole captures attention on first full trading day
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3/28/2003 | CV | Market Commentary: Continental, Alaska Air dive; Fleming feeds liquidity fears; warnings signal selling spree
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3/28/2003 | DD | Market Commentary: HealthSouth falls further as bondholders hire attorneys; Fleming heads south as bank talks fail
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3/28/2003 | HY | Market Commentary: Telecom names gain, other bonds also bid for in wake strong inflows
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3/27/2003 | DD | Market Commentary: HealthSouth falls on bank lenders' default notice; Worldcom stays on the upside
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3/27/2003 | HY | Market Commentary: Power names continue to gain; Fleming falls; at $1.02 billion, another huge funds inflow
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3/27/2003 | BK | Market Commentary: Dole breaks for trading in secondary, moving up to par 1/2 from issue price of par
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3/27/2003 | CV | Market Commentary: Energy, power issues active; HealthSouth troubles mount; Allied Waste seen next week
|
3/26/2003 | CV | Market Commentary: Integra prices drive-by deal, energy issues spotlighted by $3.3 billion California refunds
|
3/26/2003 | DD | Market Commentary: WorldCom trades higher on profits; Mirant, Dynegy down after FERC ruling
|
3/26/2003 | HY | Market Commentary: Power names gain despite FERC slam; Barney's sells 5-year unit deal
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3/26/2003 | BK | Market Commentary: Levi Strauss falls on earnings news; LIN TV dips on removal of financial guidance
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3/25/2003 | BK | Market Commentary: Wyndham holds firm despite Starwood earnings worries; war jitters quiet market
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3/25/2003 | BKHY | HealthSouth slides again; Mirant, Dynegy up; airlines cheered by aid announcement
|
3/25/2003 | CV | Market Commentary: HCC prices drive-by deal, closes at par; Calpine gains on exchange speculation
|
3/25/2003 | HY | Market Commentary: AES gain on asset sales leads power sector higher; Levi lower on earnings, outlook;
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3/24/2003 | BK | Market Commentary: Five new deals including Laidlaw's $825 million join calendar, Fleming trades break quiet
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3/24/2003 | BKHY | HealthSouth falls on more bad news; Hayes Lemmerz up; Delta shines amid lackluster airlines
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3/24/2003 | CV | Market Commentary: Airborne soars amid sea of sinking prices on protracted war buzz; HealthSouth trades in teens
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3/24/2003 | HY | Market Commentary: Fleming continues to crumble; Petrobras prices upsized deal; Vivendi unveils $1 billion
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3/21/2003 | CV | Market Commentary: HealthSouth converts trade in the 20s but more downside expected; Liberty/AOL prices at discount
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3/21/2003 | HY | Market Commentary: Airlines jump as oil prices slide; HealthSouth tumbles as trading resumes; Universal City, Swift price
|
3/21/2003 | BK | Market Commentary: Market curious to see how Dole allocations turn out as closing date nears
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3/21/2003 | BKHY | HealthSouth active after trading resumes; Adelphia firmer on new CFO hire
|
3/20/2003 | CV | Market Commentary: HealthSouth set to trade at midnight, pegged in the 20s; El Paso gains on settlement
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3/20/2003 | HY | Market Commentary: Fleming flounders on, El Paso up on accord; junk funds see up $881.6 million inflow
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3/20/2003 | BKCVHY | HealthSouth dominates even with no trading, revolver frozen; Fleming down on bankruptcy talk
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3/20/2003 | BK | Market Commentary: Peabody Energy's new loan hits secondary, immediately trades higher
|
3/19/2003 | BK | Market Commentary: Nextel heads back up; Charter regains ground as investor comfort grows
|
3/19/2003 | CV | Market Commentary: HealthSouth problems cloud upcoming convertible pay-off; hedge funds pained by premium squeeze
|
3/19/2003 | HY | Market Commentary: HealthSouth plunges before trades are wiped out; Fleming off; El Paso Energy sells 7-year notes
|
3/18/2003 | BKHY | UAL drops on report of liquidation warning, Microcell firmer
|
3/18/2003 | BK | Market Commentary: Nextel's bank paper trades lower after recent run-up, leaving many baffled
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3/18/2003 | CV | Market Commentary: Mandalay prices at record premium among flurry of new deals; secondary players in hiding
|
3/18/2003 | HY | Market Commentary: Airlines firm on United warning; refiners, chemical companies gain; SBA up on tower sale
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3/17/2003 | CV | Market Commentary: Markets go green on war visibility; spate of deals hold promise for busy week
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3/17/2003 | HY | Market Commentary: Dole, Denbury price upsized deals; Fleming, Calpine better
|
3/17/2003 | BK | Market Commentary: Peabody Energy and Dole Foods downsize loans for upsized bond offerings
|
3/14/2003 | BK | Market Commentary: Fleming continues to be shrouded with uncertainty as people try to separate fact and fiction
|
3/14/2003 | CV | Market Commentary: Players rattled, frustrated in sloppy market ahead of Fed; power names, Interpublic stronger
|
3/14/2003 | HY | Market Commentary: Peabody Energy, La Quinta price upsized deals; Fleming moves higher; utilities active
|
3/13/2003 | CV | Market Commentary: Buyers seen for junky converts; new Arris, UTStarcom climb; Tyco, ADP plunge in sell-offs
|
3/13/2003 | HY | Market Commentary: Revlon routed on wider loss; Trump - finally - prices 7-year deal; funds see $639 million inflow
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3/13/2003 | BK | Market Commentary: Nextel trades at 96 1/8, Charter trades at 861/2 in quiet bank loan market
|
3/12/2003 | BK | Market Commentary: Fleming term loan B down to 90 amid continuing troubles
|
3/12/2003 | CV | Market Commentary: Trading lulls on impending war hype, but players search for short-end opportunities
|
3/12/2003 | HY | Market Commentary: Airlines continue to retreat; Fleming flaming out; Unisys, Shaw, William Lyon price new deals
|
3/11/2003 | HY | Market Commentary: Airlines retreat on Delta cash flow warning; iStar, Moore price deals; Trump launches offering
|
3/11/2003 | BK | Market Commentary: El Paso pushed lower on market saturation; Charter continues move north in better bid cable sector
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3/11/2003 | CV | Market Commentary: Interpublic prices, Arris launches $100 million; King Pharma dives on SEC investigation
|
3/10/2003 | BK | Market Commentary: Adelphia bank debt continues to rally in secondary; Charter follows suit
|
3/10/2003 | CV | Market Commentary: Interpublic again dominates market attention; new paper weak amid sluggish session
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3/10/2003 | HY | Market Commentary: Activity pace ratchets down, with secondary rangebound; Universal City unveils $500 million deal
|
3/7/2003 | BK | Market Commentary: Goodyear $1.3 billion loan seen attracting asset-based lenders due to good collateral package
|
3/7/2003 | CV | Market Commentary: Risk-takers buy short Interpublic paper; UTStarcom opens weaker, then recovers to par
|
3/7/2003 | HY | Market Commentary: Utility sector remains strong on financing talk; three new issues price
|
3/6/2003 | BK | Market Commentary: Adelphia bank debt heads north as investor comfort on co-borrower issues grows
|
3/6/2003 | CV | Market Commentary: Raytheon dives on pension costs; some retail issues find buyers on recent weakness
|
3/6/2003 | HY | Market Commentary: Dynegy stronger on financing rumors; $1.3 billion fund inflow; Radnor, Playboy price deals
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3/5/2003 | BK | Market Commentary: The Pantry $360 million credit facility may meet investor hesitation due to high gas prices
|
3/5/2003 | CV | Market Commentary: Watson trades up out of gate, Provident plunges, call scare ripples throughout market
|
3/5/2003 | HY | Market Commentary: Goodyear, Ahold stronger on financing news; Hollinger prices upsized deal
|
3/4/2003 | CV | Market Commentary: Inco deals steady out of gate; Watson trading up in gray as credit, put offset pricey terms
|
3/4/2003 | HY | Market Commentary: Fleming falls on CEO's ouster; Overseas Shipholding sails with drive-by deal
|
3/4/2003 | BK | Market Commentary: Peabody Energy meeting well attended, loan expected to syndicate successfully
|
3/3/2003 | BK | Market Commentary: Calpine bid drops on financial restatements; Nextel trades up on market technicals
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3/3/2003 | CV | Market Commentary: Inco prices $400 million, Watson launches quickie; Capital One dives on CFO departure
|
3/3/2003 | HY | Market Commentary: Ahold continues rebound; Buffet likes junk bonds; FairPoint deal prices inside talk
|
2/28/2003 | HY | Market Commentary: El Paso units, Chesapeake Energy price deals; Ahold continues rebound; mega-inflow buoys market
|
2/28/2003 | BK | Market Commentary: New deals pricing below 300 basis points have some investors worried
|
2/28/2003 | CV | Market Commentary: LNR, Chesapeake, Axcan rise; buyers for Gap's convertibles as stock slides on sales news
|
2/27/2003 | BK | Market Commentary: Constellation Brands $1.6 billion loan well liked due to company's history of debt repayment
|
2/27/2003 | CV | Market Commentary: New issues dominate market as funding window narrows
|
2/27/2003 | HY | Market Commentary: Lucent up on SEC accord; upsized Northwest prices; funds see giant $1.54 billion inflow
|
2/26/2003 | HY | Market Commentary: Fleming, Ahold keep falling; Calpine up; ON Semiconductor prices $200 million
|
2/26/2003 | BK | Market Commentary: Some find coupon on Moore loan aggressive, but syndication is anticipated to get done
|
2/26/2003 | CV | Market Commentary: New issues bid up in gray; Tyco's new converts gain sharply, power names dive
|
2/25/2003 | BK | Market Commentary: Citgo loan's collateral draws investors; El Paso rallies again; International Transmission breaks
|
2/25/2003 | CV | Market Commentary: Credit markets, new deals stir players out of shadows
|
2/25/2003 | HY | Market Commentary: Fleming flails as Ahold keeps slipping; DirecTV mega-deal prices, J.C. Penney sharply upsized
|
2/24/2003 | BK | Market Commentary: El Paso rallies in secondary on asset sale; Bresnan launches $400 million credit facility
|
2/24/2003 | CV | Market Commentary: Very slow trading day, with players hanging in shadows
|
2/24/2003 | HY | Market Commentary: Ahold slides as CEO, CFO quit; EL Paso up on asset sale; Penney price talk emerges
|
2/21/2003 | CV | Market Commentary: Buyers step up on weakness but market choppy on lack of conviction, direction
|
2/21/2003 | HY | Market Commentary: Upsized Gazprom, Doane deals price; Extendicare lower following conference call
|
2/21/2003 | BK | Market Commentary: Wyndham falls as amendment fails to find lender support; RCN drops following private call
|
2/20/2003 | BK | Market Commentary: Dole deal expected to go well; Nextel gains on earnings; Titan loses on COO news; TRW breaks
|
2/20/2003 | CV | Market Commentary: Williams boosts entire slate of power names; FCC ruling sends telecoms tumbling
|
2/20/2003 | HY | Market Commentary: Gazprom deal heard going well; Nextel, Williams up on results; junk funds see $141 million outflow
|
2/19/2003 | CV | Market Commentary: New deals boost trading activity while stocks retreat
|
2/19/2003 | HY | Market Commentary: Fleming firmer again, Lucent gains; Old Evangeline Downs prices upsized 7-year deal
|
2/19/2003 | BK | Market Commentary: Indications point to successful managing agent meeting Thursday for Dole's $1.1 billion loan
|
2/18/2003 | BK | Market Commentary: Central Parking loan on hold after CFO quits, company pulls earnings guidance
|
2/18/2003 | CV | Market Commentary: Northeast "Blizzard of 2003" hampers trading desks but doesn't thwart deal activity
|
2/18/2003 | HY | Market Commentary: Fleming firms on store sales, Conoco contract; lodging sector better
|
2/14/2003 | HY | Market Commentary: Six Flags off in lackadaisical pre-holiday trading; OAO Gazprom plans $1 billion 10-year deal
|
2/14/2003 | BK | Market Commentary: National Bedding's new B loan trades at par plus during shortened session
|
2/14/2003 | CV | Market Commentary: Buyers emerge in search of sweethearts, but Universal Health gets jilted on news
|
2/13/2003 | BK | Market Commentary: DirecTV $800 million B loan sees over a billion in demand after general syndication launch
|
2/13/2003 | CV | Market Commentary: War scare sparks emotional trading, but defense names struggle ahead of conflict
|
2/13/2003 | HY | Market Commentary: CMS off as generating sector struggles; Levi holders blue; junk funds lose $7.8 million
|
2/12/2003 | BK | Market Commentary: DirecTV $800 million term loan B close to subscription ahead of Thursday launch
|
2/12/2003 | CV | Market Commentary: El Paso sinks on liquidity worries; market sidelined, noting spreads widening
|
2/12/2003 | HY | Market Commentary: Burns Philp prices upsized deal at discount; power sector still struggles
|
2/11/2003 | CV | Market Commentary: USA Interactive pitching overnighter; Sierra Pacific, Teekay price new deals
|
2/11/2003 | HY | Market Commentary: Crown Cork prices mega-deal, new bonds a mixed bag; Cablevision firms on results
|
2/11/2003 | BK | Market Commentary: Aurora Foods trades higher, RCN and Primedia strengthen
|
2/10/2003 | BK | Market Commentary: Penn National, Burns Philp increase term B pricing by 50 basis points
|
2/10/2003 | CV | Market Commentary: Teekay launches mandatory; trading choppy, quiet, mixed
|
2/10/2003 | HY | Market Commentary: Mandalay Bay scraps new deal; Fleming resumes slide; Mail-Well up on numbers
|
2/7/2003 | CV | Market Commentary: Week ends quietly, lower; Agilent falls on junk rating; El Paso rating cut after close
|
2/7/2003 | HY | Market Commentary: Nash Finch languishes on SEC probe; Goodyear stabilizes after slide; Mandalay deal unseen
|
2/7/2003 | BK | Market Commentary: Crown Cork & Seal, RCN and Federal-Mogul trade higher on recent positive news
|
2/6/2003 | BK | Market Commentary: International Transmission meeting sees good attendance on favorable view of sector
|
2/6/2003 | CV | Market Commentary: Freeport deal at record premium gets gobbled up; market surprised at activity level
|
2/6/2003 | HY | Market Commentary: Upsized TRW mega-deal prices, trades up; covenant woes deflate Goodyear Tire bonds
|
2/5/2003 | HY | Market Commentary: Fleming in bounce; Tesoro up; upsized Rite Aid prices, KB Home also
|
2/5/2003 | BK | Market Commentary: Isle of Capri Black Hawk's bank meeting for $135 million add-on well attended
|
2/5/2003 | CV | Market Commentary: Rite Aid converts gain on upsized junk bond deal; El Paso plunges on worries
|
2/4/2003 | BK | Market Commentary: Federal-Mogul continues to trade on reorganization plan; AES active on asset sale completion
|
2/4/2003 | CV | Market Commentary: AIG drop weighs on insurers, new issues continue to slip, U.S. Steel advances, tightens
|
2/4/2003 | HY | Market Commentary: Fleming flounders as Kmart kills contract; TRW mega-deal price talk emerges
|
2/3/2003 | BK | Market Commentary: Graham Packaging term B gets upsized, pricing changes on both tranches
|
2/3/2003 | CV | Market Commentary: McData, U.S. Steel new deals emerge in market willing to consume tight, tighter terms
|
2/3/2003 | HY | Market Commentary: Conseco bonds up as insurer files reorganization plan; Hurricane Hydrocarbons prices upsized deal
|
1/31/2003 | BK | Market Commentary: Cinemark's return meets good reception; revolver gets devoured, B loan half done before launch
|
1/31/2003 | CV | Market Commentary: Airborne soars on rising profits, Nortel gains on new deal buzz, Micron paper continues to slip
|
1/31/2003 | HY | Market Commentary: Dynegy bonds rise despite earnings restatement; Cascade deal prices, junk buyers drawn to Avnet
|
1/30/2003 | BK | Market Commentary: Silgan add-on sells out as many existing lenders and a few new ones commit to the deal
|
1/30/2003 | CV | Market Commentary: Micron trading lighter as outright buyers hold on; several drug issues gain
|
1/30/2003 | HY | Market Commentary: Amkor gains on better numbers; Tyumen, Sun Media deals price; 2nd straight funds outflow seen
|
1/29/2003 | CV | Market Commentary: Activity heavier on Micron, but slower deal flow than expected frustrates players
|
1/29/2003 | HY | Market Commentary: Crown Cork to sell $1.75 billion notes in refinancing effort; short bonds rise on news
|
1/29/2003 | BK | Market Commentary: Crown Cork & Seal's sudden launch results in a handful of commitments by day's end
|
1/28/2003 | BK | Market Commentary: Xerox up as fourth quarter results impress investors; Kmart continues rally on reorganization filing
|
1/28/2003 | CV | Market Commentary: Arch Coal's new deal gains out of gate; players mostly on sidelines
|
1/28/2003 | HY | Market Commentary: Upsized Premcor deal prices, Allbritton add-on to; Xerox up slightly on better numbers
|
1/27/2003 | HY | Market Commentary: WestPoint Stevens gains on improved guidance; Premcor, Allbritton price talk emerges
|
1/27/2003 | BK | Market Commentary: Kmart's bank debt strengthens on reorganization plan filing
|
1/27/2003 | CV | Market Commentary: Sluggish market as many focus on possible war in the Middle East
|
1/24/2003 | BK | Market Commentary: Houghton Mifflin term loan B removed as bond sale gets upsized to $1 billion
|
1/24/2003 | CV | Market Commentary: Retreat in broader markets thwarts gains in new paper
|
1/24/2003 | HY | Market Commentary: Nortel gains on results; CMS off; upsized Houghton-Mifflin $1 billion leads new-deal parade
|
1/23/2003 | HY | Market Commentary: Charter firmer on buyout possibility; Georgia-Pacific ups deal to $1.5 billion; funds see outflow
|
1/23/2003 | BK | Market Commentary: Penn National Gaming credit facility may be light on pricing for leverage ratios
|
1/23/2003 | CV | Market Commentary: New deals provide stimulus, along with tech stock rally
|
1/22/2003 | BK | Market Commentary: Primary sees Lamar Media, Burns Philp meetings; Penn National Gaming expected Thursday
|
1/22/2003 | CV | Market Commentary: Lucent rallies on buybacks, stabilizing outlook; Tyco weakens on loss, forecast
|
1/22/2003 | HY | Market Commentary: Lucent up as company hopes for return of profitability; American Tower prices upsized unit deal
|
1/21/2003 | BK | Market Commentary: Burns Philp to hold bank meeting for $375 million term B on Wednesday
|
1/21/2003 | CV | Market Commentary: American Tower 2.25s gain on junk deal; Lennar, retail weaker on war, outlook fears
|
1/21/2003 | HY | Market Commentary: Little secondary movement despite EchoStar talks; Fleming bounces; Casella Waste deal prices
|
1/17/2003 | CV | Market Commentary: Thin market ahead of long holiday weekend; weaker on Microsoft, IBM news
|
1/17/2003 | HY | Market Commentary: KB Home, Remington, price offerings; Remington hits target in shortened secondary dealings
|
1/17/2003 | BK | Market Commentary: Alpha Natural Resources $110 million revolver meeting sees better-than-expected attendance
|
1/16/2003 | CV | Market Commentary: Players sidelined, perplexed by corporate spending forecasts; rising star Lennar shines
|
1/16/2003 | HY | Market Commentary: Fleming continues descent; American Media prices, firms in secondary; another big inflow
|
1/15/2003 | BK | Market Commentary: Jack in the Box term loan B may get upsized and flexed down due to good reception
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1/15/2003 | CV | Market Commentary: Chips tumble on Intel news; broader convertible market trading in sideways pattern
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1/15/2003 | HY | Market Commentary: Charter down on Moody's cut, restructuring talk; satellite radio gains; Levi Strauss prices add-on
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1/14/2003 | BK | Market Commentary: Casella facility, bonds expected to succeed on second try due to better market conditions
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1/14/2003 | CV | Market Commentary: Some expect credit spread rally to begin leveling off; Oneok mandatory guidance emerges
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1/14/2003 | HY | Market Commentary: Fleming falls on earnings warning; Kmart up on store closings; Georgia-Pacific hits the road
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1/13/2003 | CV | Market Commentary: In sloppy trading, seesaw day ends flatly; Shaw, Duke drop on earnings bombshells
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1/13/2003 | HY | Market Commentary: Georgia-Pacific eases on guidance, asbestos concerns; Houghton Mifflin, Premcor ready deals
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1/13/2003 | BK | Market Commentary: Federal-Mogul bank debt heads north; Premcor meeting kicks off heavy new deal week
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1/10/2003 | BK | Market Commentary: Nextel, Charter bank debt falls slightly after strong performances on seller activity
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1/10/2003 | CV | Market Commentary: Motley trading, mostly up; State Street launches deal
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1/10/2003 | HY | Market Commentary: Allegheny Energy bonds up as debt pact reported near
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1/9/2003 | HY | Market Commentary: Gap gains on December sales; National Steel jumps on US Steel deal; inflows top $1 billion
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1/9/2003 | BK | Market Commentary: Secondary, primary see good activity; next week's pipeline has some worried about saturation
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1/9/2003 | CV | Market Commentary: Cendant gets boost from straight bond deal, Tyco putable issues gain sharply
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1/8/2003 | BK | Market Commentary: Nextel inches up following upbeat fourth quarter 2002 and 2003 predictions
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1/8/2003 | CV | Market Commentary: Tyco dominates trading day, power issues surge on manipulation suit dismissal
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1/8/2003 | HY | Market Commentary: Gaming bonds ease as Mandalay, MGM Grand warn on earnings, Cascades deal emerges
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1/7/2003 | HY | Market Commentary: Dynegy bonds jump on optimistic projections, carry other energy players with them
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1/7/2003 | BK | Market Commentary: Jack in the Box hopes to spark interest with new structure after unsuccessful try in December
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1/7/2003 | CV | Market Commentary: Heavy trading on Tyco deal; InterMune dives, techs and telecoms soar, power mixed
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1/6/2003 | BK | Market Commentary: January bank loan pipeline continues to grow; Charter bid strengthens in quiet session
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1/6/2003 | CV | Market Commentary: Trading light in advance of Bush plan; Tyco's jumbo deal finally materializes
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1/6/2003 | HY | Market Commentary: Strong session as high-yield market gets back to business, American Media joins calendar
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1/3/2003 | BK | Market Commentary: Slow holiday activity expected to end soon as market revs up for new deals in January
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1/3/2003 | CV | Market Commentary: Market very quiet as stocks stall; anticipating new deals
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1/3/2003 | HY | Market Commentary: Junk market closes out dull week, looks to "back to work" scenario; Level 3 to cut debt
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1/2/2003 | CV | Market Commentary: Market unexpectedly lively as new year opens strongly
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1/2/2003 | HY | Market Commentary: Stock surge bypasses junk market; funds show $120.9 million inflow
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1/2/2003 | BK | Market Commentary: Charter Communications bank paper holds in at previous levels, but demand may have weakened
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