Junk

RECENT NEWS
The Hindu Business Line  Dec 12  Comment 
The result of prolonged idling due to lack of demand, poor maintenance
Financial Times  Dec 12  Comment 
A takeover approach at an appropriate premium would bring investors some festive cheer
Financial Times  Dec 8  Comment 
Retail group downgraded as auditors come under pressure over ‘accounting irregularities’
SeekingAlpha  Dec 7  Comment 
Financial Times  Dec 1  Comment 
Two biggest exchange traded funds for the sector have rebounded 1.2% in recent weeks
New York Times  Nov 23  Comment 
Ayad Akhtar’s play portrays the financial excesses of the 1980s — part of what he calls “a collapse of a collective vision” of America — in ways that evoke unsettling new thoughts.
SeekingAlpha  Nov 20  Comment 




RELATED WIKI ARTICLES

Related Articles

 
TOP CONTRIBUTORS

Junk

Discarded assets that are considered useless or of little value. During most periods, so-called junk bonds (lower credit quality, higher-yielding bonds) have given investors a net rate of return two percentage points higher than the rate that could be earned on “investment grade,” bonds with high-quality credit ratings. [1]

The value of speculative bonds is affected to a higher degree than investment grade bonds by the possibility of default. For example, in a recession interest rates may drop, and the drop in interest rates tends to increase the value of investment grade bonds; however, a recession tends to increase the possibility of default in speculative-grade bonds.

In a leveraged buyout (LBO) an acquirer would issue Junk bonds to help pay for an acquisition and then use the target's cash flow to help pay the debt over time. [1]

From 1842, old or discarded articles of any kind. [2]

References

  1. A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing By Burton Gordon Malkiel ISBN-10: 0393062457 pg305
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki