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(Bloomberg) -- Sprint Corp. bondholders have long bet that the wireless company’s acquisition by T-Mobile US Inc. will be allowed to go through, but by at least one measure, they’re growing more worried about the deal’s potential to get done.The cost to protect Sprint’s debt against default for five years has nearly doubled since September to around 333 basis points, according to ICE Data Services. Credit traders have been digesting court testimony from a takeover challenge brought by Democratic attorneys general. The attorneys, who hail from 13 states and the District of Columbia, say the merger could lead to higher prices and poorer service for consumers. Closing arguments in the case are scheduled for Wednesday.A victory for Sprint could be a boon to bondholders, potentially sending risk premiums on the debt tumbling as much as 200 basis points, Bloomberg Intelligence analyst Stephen Flynn wrote in a note. But if the deal...
W.P. Carey had a steep decline going into the end of 2019, providing investors an opportunity Continue reading......
“Let’s be clear: our government has cleared far bigger hurdles to meet the needs of big businesses when they came looking for bailouts, tax giveaways, and other concessions,” she wrote....
A one-time rival and former J.C. Penney CEO weighs in on tMacy's future....
Shoppers everywhere like to find the best value; that’s a given. And investors? Well, investors are just a special case of shoppers – in this case, shopping for stocks. So, how can we define a good value when it comes to stocks? In short, we’re looking for high upside and high dividend yields.TipRanks, a platform that tracks and measures the performance of analysts, offers a set of tools to search the raw data collected from 5,700 Wall Street financial experts and 6,500 publicly traded companies. The basic tool, the Stock Screener, gives investors a set of filters to screen the data and find the stocks that fit the desired profile.Setting the filters to show us stocks with a price target upside above 10% and a dividend yield above 2.5% brings the list down to a manageable 46 companies – that will offer investors a true value for their stock purchase. Let’s...
Shares of the retail company plummeted, after it released lower than expected holiday sales results. Kotter Executive Vice President Kathy Gersch joins the On The Move panel to discuss what the next steps are for the retailer....
Trade negotiators will meet January 15th to sign a phase one trade deal between the U.S. and China. Yahoo Finance’s Jessica Smith joins On The Move to discuss the details....
