US CORP BONDS-CDS index hits record wide, autos volatile ( Thu, 20 Nov 2008 22:15:26 +0100) NEW YORK, Nov 20 (Reuters) - U.S. corporate bond spreads widened on Thursday and the cost of insuring corporate debt hit record highs as uncertainty about Read more
WHITE HOUSE SAYS BUSH COULD SUPPORT SENATE COMPROMISE AUTO DEAL ( Thu, 20 Nov 2008 22:15:36 +0100) WHITE HOUSE SAYS BUSH COULD SUPPORT SENATE COMPROMISE AUTO DEAL KNOWN AS BOND-LEVIN AGREEMENT Read more
CORRECTED - UPDATE 2-GMAC files for bank status, TARP funds; bonds ( Thu, 20 Nov 2008 15:56:28 +0100) (Corrects paragraph 4 to show GMAC bonds rose to 50 cents on the dollar) By Elinor Comlay NEW YORK, Nov 20 (Reuters) - The money-losing finance company Read more
TOPWRAP 8-U.S. prices plunge, crisis called worst since WW2 ( Wed, 19 Nov 2008 21:08:27 +0100) * U.S. consumer prices fall at fastest rate on record * Auto bailout prospects dim; stock markets slide * Commercial mortgage bonds crater on economic Read more
TOPWRAP 7-U.S. prices plunge, crisis called worst since WW2 ( Wed, 19 Nov 2008 18:58:10 +0100) * U.S. consumer prices fall at fastest rate on record * Auto bailout prospects dim; Wall St slides * Commercial mortgage bonds crater on economic fears Read more
UPDATE 1-Toyota Thai unit sets 2-year bond coupon ( Wed, 19 Nov 2008 06:29:45 +0100) (Updates issue size, details) BANGKOK, Nov 19 (Reuters) - The Thai leasing unit of Toyota Motor Corp has set a coupon rate of 4.11 percent for a two-year Read more
CORRECTED - GM likely to survive, bonds a "buy"-JPMorgan ( Tue, 18 Nov 2008 00:22:23 +0100) (In Nov. 11 story, corrects spelling of analyst name in 16th paragraph) NEW YORK, Nov 11 (Reuters) - General Motors Corp's extremely distressed debt is Read more
US CREDIT-GM bond, CDS values depend on form of intervention ( Fri, 14 Nov 2008 23:23:24 +0100) By Karen Brettell NEW YORK, Nov 14 (Reuters) - Legislation aimed at propping up ailing automakers including General Motors Corp may support the company's Read more
Toyota Thai unit plans bond sale this month ( Fri, 14 Nov 2008 10:48:59 +0100) BANGKOK, Nov 14 (Reuters) - The Thai leasing unit of Toyota Motor Corp plans to sell 1 billion baht ($28.6 million) of bonds next week for lending, an Read more
House approves Cobo authority ( Fri, 14 Nov 2008 05:00:00 +0100) State House members passed legislation Thursday night that would allow for the creation of a convention authority to purchase Cobo Center from the city of Detroit and use a combination of bonds and taxes to pay for its expansion and operation. Read more House approves Cobo authority ( Fri, 14 Nov 2008 05:00:00 +0100) State House members passed legislation Thursday night that would allow for the creation of a convention authority to purchase Cobo Center from the city of Detroit and use a combination of bonds and taxes to pay for its expansion and operation. Read more Bond reduced for suspect in Warren fatal shooting case ( Thu, 13 Nov 2008 17:08:00 +0100) WARREN -- Bond was reduced today for a Warren man accused of fatally shooting a 60-year-old acquaintance of his mother. Read more New Issue-BMW Finance prices 750 mln euro 2013 bond ( Thu, 13 Nov 2008 18:15:02 +0100) Nov 13 (Reuters) -Following are terms and conditions of a bond priced on Thursday. Borrower BMW Finance Issue Amount 750 million euro Read more
Ford Bets on Bond as Product Placement Gains Traction ( Thu, 13 Nov 2008 15:07:55 +0100) Although car companiesÂ’ product placement in movies and TV shows is nothing new, the practice is accelerating, growing 33.7% in 2007 and outpacing a 25.8% increase in Internet advertising. Read more
New Issue-Schiphol Ned prices 700 mln euro 2014 bond ( Wed, 12 Nov 2008 16:09:17 +0100) Nov 12 (Reuters) - Following are terms and conditions of a bond priced on Wednesday. Borrower Schiphol Nederland BV Guarantor NV Luchthaven Schiphol Issue Read more
CITIC Pac sells $1.5 bln conv bond to CITIC Group ( Wed, 12 Nov 2008 16:09:37 +0100) HONG KONG, Nov 12 (Reuters) - Steel-to-property conglomerate CITIC Pacific said on Wednesday it will issue $1.5 billion worth of convertible bonds to Read more J.P. Morgan: GM likely to survive, bonds a 'buy' ( Tue, 11 Nov 2008 15:00:00 +0100) General Motors' extremely distressed debt is an attractive investment as the automaker has several options to improve its liquidity and survive the economic downturn, according to credit analysts at J.P. Morgan. Read more GM likely to survive, bonds a "buy" says J.P. Morgan ( Tue, 11 Nov 2008 15:00:00 +0100) NEW YORK (Reuters) - General Motors' extremely distressed debt is an attractive investment as the automaker has several options to improve its liquidity and survive the economic downturn, according to credit analysts at J.P. Morgan. Read more GM likely to survive, bonds a "buy"-JPMorgan ( Tue, 11 Nov 2008 17:15:07 +0100) NEW YORK, Nov 11 (Reuters) - General Motors Corp's extremely distressed debt is an attractive investment as the automaker has several options to improve Read more
US CORP BONDS-Ambac threat, growth worries weigh on investors ( Thu, 06 Nov 2008 18:31:02 +0100) By Walden Siew NEW YORK, Nov 6 (Reuters) - Credit markets weakened on Thursday, amid more rating cuts for bond insurers and falling stocks on global economic Read more
US CORP BONDS-Spreads steady to tighter ahead of US election ( Tue, 04 Nov 2008 00:26:03 +0100) NEW YORK, Nov 3 (Reuters) - U.S. corporate bond spreads traded steady to tighter on Monday amid signs of an easing credit market ahead of the U.S. presidential Read more
Metaldyne skips interest payment on bonds it wants to buy back ( Mon, 03 Nov 2008 19:33:00 +0100) Metaldyne Corp. raised the stakes today in its bid to buy back $392.2 million worth of debt from bondholders at 30 cents or less on the dollar by threatening to skip the next interest payment on those bonds. Read more US CORP BONDS-Spreads steady to tighter ahead of US election ( Mon, 03 Nov 2008 21:17:17 +0100) NEW YORK, Nov 3 (Reuters) - U.S. corporate bond spreads were steady to tighter on Monday amid signs of an easing credit market ahead of Tuesday's U.S. Read more
Brighton to vote on school bond, millage ( Sat, 01 Nov 2008 05:00:00 +0100) A Livingston County school district that could come under state oversight by the end of this school year will seek voter approval of two ballot proposals Tuesday. Read more
US CORP BONDS-Tone firms on signs of credit thaw ( Fri, 31 Oct 2008 20:21:53 +0100) NEW YORK, Oct 31 (Reuters) - U.S. high-grade corporate bond spreads were unchanged to tighter on Friday as a smattering of bargain-hunting and signs of Read more