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p>Stock prices have doubled in the past three years, and everyday investors keep pulling money out of stocks. But they're happy to lend billions of dollars to companies with deep debts and embarrassing credit scores. They're
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Stock prices have doubled in the past three years, and everyday investors keep pulling money out of stocks. But they're happy to lend billions of dollars to companies with deep debts and embarrassing credit scores. They're doing it through junk bonds,
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Unlike these famously secretive organizations, this group hides in plain sight. If you've stayed at a Hilton hotel, shopped at a Safeway , bought coffee at Dunkin' Donuts or a teddy bear at Toys R Us, eaten an Oreo cookie, or slept on a Simmons
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p>Stocks are up, but they may have room to rally further, at least if you believe a popular gauge of their value. Companies are selling more bonds than ever, but not so much to send prices tumbling and end their remarkable run.
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While you needed a Costco-size supply of Dramamine to survive the stock market's choppy ride to nowhere both last year and over the past decade, you required no such relief when it came to your bonds -- or at least one type of bond. In recent years
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Forstmann, a longtime Wall Street financier who was a major player during the wave of corporate takeovers in the 1980s, including the battle for RJR Nabisco in 1988, died Sunday at the age of 71. The cause was brain cancer,
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Forstmann, a longtime financier who counted the iconic baseball card company Topps and business jet company Gulfstream Aerospace among his buyouts, died Sunday at the age of 71. The cause was brain cancer, according to a
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Junk bonds lived up to their name this summer, but now investors just can't get enough of them. As fears about Europe's deteriorating debt crisis and a slowing global economy escalated throughout August and September, investors flocked toward the
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Investors became so nervous in the past two months that they're not willing to gamble on risky junk bonds anymore -- despite the lucrative promise of high yields. The junk, or high-yield, bond market has tumbled along with the stock market, which
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Fear in the marketplace this October could be good for the buyers very good. Let me point out two bellwether signposts that don't have skull and cross bones on them as a way to get to this month's treats. Each is reflective of key drivers of economic
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