×

Bonds Junk Bonds

  • Casino, whose credit rating was cut to junk by Standard& Poor's in March 2016, is under pressure to revive profits in France, its biggest market, where it now makes more than 50 percent of its sales, at a time of slower growth in Brazil, its second-biggest market by revenue. Excluding property gains, which it forecast at 90 million euros, Casino expects core food retail...

  • Casino, which controls Brazil's Grupo Pao de Acucar, posted fourth-quarter sales of 10.01 billion euros. Casino, whose credit rating was cut to junk by Standard& Poor's in March 2016, is under pressure to revive profits in its biggest market which is France, where it now makes more than 50 percent of its sales, at a time of slower growth in Brazil.

  • recovers@ SAO PAULO, Jan 12- Brazil's benchmark index remained flat on Friday to hew close to its recent record high, shrugging off a sovereign ratings downgrade by Standard& Poor's, while Mexico's peso gained on market optimism that key trade talks will continue. S&P on Thursday cut Brazil's credit rating deeper into junk territory as doubts grew about a...

  • SAO PAULO, Jan 12- Brazil's benchmark index remained flat on Friday to hew close to its recent record high, shrugging off a sovereign ratings downgrade by Standard& Poor's, while Mexico's peso gained on market optimism that key trade talks will continue. S&P on Thursday cut Brazil's credit rating deeper into junk territory as doubts grew about a presidential...

  • SAO PAULO, Jan 12- Brazil has made slower-than-expected progress in cutting government spending ahead of presidential elections, a Standard& Poor's director said on Friday, a day after the agency downgraded the country's rating deeper into junk territory. The agency on Thursday lowered its long-term rating for Brazil sovereign debt to BB- from BB, with a stable...

  • BRASILIA, Jan 11- Ratings agency Standard& Poor's cut Brazil's credit rating further below investment grade on Thursday as doubts grew about a presidential election in October and a push to trim its costly pension system, seen as vital to closing a huge fiscal deficit. S&P lowered its long-term rating for Brazil sovereign debt to BB- from BB previously, with a...

  • withdrawals in 2017@ NEW YORK, Dec 21- U.S.-based equity funds posted $22.2 billion of outflows in the week ended Dec. 20, the largest cash withdrawals for 2017, according to Lipper data on Thursday. And U.S.-based stock ETFs posted $10 billion of outflows in the week ended Dec. 20, the largest cash withdrawals in 2017, Lipper said. U.S.-based high-yield "junk" bond...

  • Jeffrey Gundlach: Tax plan could have unintended consequences

    Jeffrey Gundlach, DoubleLine Capital LP CEO & co-founder, speaks with CNBC's Scott Wapner about the tax reform bill.

  • Despite persistently low 10-year rates and a narrowing of the difference to the 2-year bond, there aren't urgent signs of distress

  • NEW YORK, Dec 7- Influential bond investor Bill Gross of Janus Henderson Investors warned Thursday the Federal Reserve should be "more cautious and easier" in its interest-rate hiking campaign, given the enormous exposure investors have to pricey risk assets including corporate bonds and high-yield junk debt. "Should a crisis arise because of policy mistakes,...

  • PRETORIA, Dec 5- South Africa's economy grew more than expected in the third quarter as the agricultural sector continued to recover from a severe drought while mining and manufacturing also improved, lifting hopes the country may avoid further credit downgrades. Last month S&P Global Ratings cut Pretoria's local currency debt to "junk" status while the...

  • LONDON, Dec 1- Outflows from junk bonds slowed to just $500 million, Bank of America Merrill Lynch data showed on Friday, in a fifth week of redemptions from a sector where yields on some issues have fallen to record lows. Last week investors pulled $2 billion from high yield bond funds, but this paled in comparison with the whopping $6.8 billion withdrawn in the week...

  • JOHANNESBURG, Nov 25- South Africa will use its annual budget next year to outline "decisive" policy to strengthen its fiscal framework, the finance ministry said on Saturday after S&P Global Ratings cut its local currency debt to "junk" status. Moody's, meanwhile, placed South Africa on review for a downgrade. Infighting within the ruling African National...

  • JOHANNESBURG, Nov 25- South Africa will use its annual budget next year to outline "decisive" policy to strengthen its fiscal framework, the finance ministry said on Saturday after S&P Global Ratings cut its local currency debt to "junk" status. S&P announced the downgrade on Friday, citing a further deterioration in the country's economic outlook and public...

  • JOHANNESBURG, Nov 25- South Africa will use its annual budget next year to outline "decisive" policy to strengthen its fiscal framework, the finance ministry said on Saturday after S&P Global Ratings cut its local currency debt to "junk" status. "The 2018 Budget will outline decisive and specific policy measures to strengthen the fiscal framework," the finance...

  • JOHANNESBURG, Nov 25- South Africa will use its annual budget next year to outline "decisive" policy to strengthen its fiscal framework, the finance ministry said on Saturday after S&P Global Ratings cut its local currency debt to "junk" status. "The 2018 Budget will outline decisive and specific policy measures to strengthen the fiscal framework," the finance...

  • LONDON, Nov 23- Investors yanked $2 billion from high-yield bond funds over the past week, the fourth straight week of outflows, Bank of America Merrill Lynch data showed on Friday, as they took profits in an asset class that has yielded double-digit returns this year. For example, an index of European high yield debt is trading one standard deviation below its...

  • Cramer: Bitcoin and junk bonds are bubbles, but stocks aren't overvalued

    Jim Cramer pushed back against the theory that stocks are overvalued and pinpointed other areas of the market, like bitcoin, that are.

  • Much of market overvalued, but not stocks

    Jim Cramer pushed back against the theory that stocks are overvalued and pinpointed other areas of the market, like bitcoin, that are.

  • The Bitcoin cryptocurrency symbol on a stone sphere monument painted black by unidentified persons in Oktyabrskaya Square in Yekaterinberg, Russia.

    Jim Cramer pushed back against the theory that stocks are overvalued and pinpointed other areas of the market, like bitcoin, that are.