• Categories

  • Related Blogs

  • Posts Tagged ‘income’

    Fallen Angels and crossover credits

    Saturday, November 21st, 2009

    131Fallen Angels and crossover credits are often targeted by alternative investor groups like hedge funds and risk arbitrageurs who speculate on the mispricing between the various financing instruments of a company.

    Characteristics of Fallen Angels:

    Tags: , , , , , , , , , , , , , , ,
    Posted in management, merchandise, money spending, negotiationg, online bank, payments, profitability | Comments Off

    A risk premia approach to payday loans

    Wednesday, October 28th, 2009

    The rapid growth of the European corporate bond market since 1997 has promoted the acceptance of corporate bonds as a separate asset class. Therefore, identifying relative value not only between equities and government bonds, but also relative to corporate bonds, has become a central task of asset allocators. But, of course, this analysis is also relevant from the perspective of a pure fixed income investor. Not only does it help to assess the outlook for credit spreads in general, but also to decide on the beta or, in other words, the aggressiveness of a pure corporate bond portfolio relative to its benchmark. Although it has been common use to compare equities and government bonds, it is far less common to compare equities and corporate bonds.

    Tags: , , , , , , , , , ,
    Posted in accounting, attitude, banking, equity, expenses, finances, merchandise, money spending, negotiationg | Comments Off

    When massive crdit restructuring occurs

    Thursday, October 22nd, 2009

    After the 1990/91 recession the US corporate sector underwent a period of massive restructuring. Balance sheet repair, rights issues to repay debt, asset disposals and measures to improve cash flow generation led not only to falling leverage, but also to low earnings growth rates. During this first phase of the debt–equity cycle, the ‘repair phase’ credit usually outperforms equities. It lays the foundation for higher growth rates due to an improved ability to generate cash flows. The subsequent recovery period is beneficial for equity markets as well as credit markets, as the years 1994–97 have shown.

    Tags: , , , , , , , , ,
    Posted in business goals, business patterns, business publications, business strategy, campaigns, cash demand, companies | Comments Off