Sept 3- Former Wilmington Trust Co shareholders may pursue their securities fraud lawsuit over mounting loan losses that led to the company's discounted sale to M&T Bank Corp as a class action, a Delaware federal judge ruled on Thursday. Mounting loan losses led to Wilmington's Nov. 1, 2010 agreement to sell itself to Buffalo, New York- based M&T Bank Corp at a 46...» Read More
Chris Pucillo, Solus CEO & CIO, explains how his hedge fund is profiting from distressed debt.
David Etheridge, Senior VP & Head of Capital Markets Group at NYSE Euronext explains how the low interest rate environment has created greater financing opportunities for companies.
How do you make money in these markets? Here is what some of the experts on CNBC have been telling us this morning.
Dan Scott, head of event driven research at Credit Suisse, outlines why he prefers short-term corporate debt and equities that are exposed to the U.S or emerging markets, over government bonds and cash.
Louis Gargour, chief investment officer, LNG Capital, discusses the different credit markets and explains why he favours the high yield market over investment grade.
Scores of independent mortgage lenders and community banks are winning business from banks such as Citigroup or Bank of America that have retrenched after the financial crisis.
Best Buy founder Richard Schulze is expected to make a fully financed offer to buy the consumer electronics retailer by the end of the week.
According to the latest quarterly filings, only 24 companies in the S&P 500 reported having zero debt on their balance sheets. Which S&P 500 companies are debt free and cash rich? Click ahead to find out.
The long-term case for investing in emerging-markets is based on growing worldwide demand for commodities and the expansion of an enormous new middle class in those countries.
Throughout the financial crisis, large debt loads weighed on company balance sheets and had serious implications for many firms. Others are debt free and cash rich...like these 15 companies.
The last four months of the year have seen a big jump in U.S. companies filing for bankruptcy protection. We’ve ranked the top 10 bankruptcy filings of 2011, using data from banktruptcydata.com.
Moody's affirms Wells Fargo's short term debt rating, but downgrades its long-term ratings, with CNBC's Scott Wapner, and Peter Boockvar, Miller Tabak.
Scores of big corporations have lost their AAA status in recent years, and it hasn't seemed to hurt them, so what's the big deal about the federal government losing such status, The New York Times reports.
The bear market is on its way back, economist and contrarian investor Marc Faber, the editor and publisher of The Gloom Boom & Doom Report told CNBC Tuesday.
Distressed corporate debt represents an excellent opportunity for investors as political and economic uncertainty rattles global bond markets and small and medium sized businesses struggle to raise capital, Jon Macintosh, manager at closed-ended investment company Acencia Debt Strategies told CNBC.
Keeping costs under control remains the biggest challenge to European soccer clubs, with wage-to-revenue ratios worsening in 2009/2010 despite overall revenue increases, according to new research from Deloitte.
Asian corporate bonds are finding favor with investors as they offer high yields-5-10%- but come with less risk as regional companies strengthen their balance sheets in a high growth environment.
Chinese companies have this year embarked on an unprecedented borrowing spree in international bond markets, a trend driven by property developers starved of credit by state-owned banks. The FT Reports.
While periphery euro zone countries are drowning in a sea of debt and investor reluctance, Eastern Europe – which two years ago sent shockwaves through markets – is now shining away from the limelight.