Corporate Gainers and Decliners (PP6)

Corporate Gainers and Decliners (PP6) - Corporate Gainers...

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Corporate Gainers & Decliners Investment-grade spreads that tightened the most. .. GO TO: INVESTMENT GRADE: Spreads That Widened | HIGH YIELD: Biggest Price Increases | Biggest Price Decreases Thursday, June 04, 2009 Price moves by a company's debt in the credit markets sometimes mirror and sometimes anticipate, moves in that same company's share price. SPREAD*, IN BASIS POINTS STOCK PERFORMANCE Issuer Symbol Coupon (%) Maturity Current Change Last week Close % Chg Viacom VIA 6.125 Oct. 5, '17 252 -60 368 $24.12 -0.12 Caterpillar Financial Services CAT 4.700 March 15, '12 179 -51 n.a. ... ... Allegheny Technologies ATI 9.375 June 1, '19 488 -49 548 40.36 5.49 Corning GLW 6.750 Sept. 15, '13 294 -48 n.a. 15.63 2.49 SunTrust Bank Atlanta STI 5.450 Dec. 1, '17 446 -48 530 16.51 5.16 CIT CIT 7.625 Nov. 30, '12 1391 -41 1564 3.34 10.96 US Bank NA USB 4.950 Oct. 30, '14 187 -41 n.a. ... ... Sons RRD 5.625 Jan. 15, '12 642 -39 670 13.93 2.96 *Estimated spread over 2-year, 3-year, 5-year, 10-year or 30-year hot-run Treasury; 100 basis points=one percentage point; change in spread shown is for Z-spread Note: Data are for the most active issue of bonds with maturities of two years or more. Sources: MarketAxess Corporate BondTicker; WSJ Market Data Group
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This note was uploaded on 09/23/2009 for the course AEB 3144 taught by Professor Gunderson during the Spring '09 term at University of Florida.

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Corporate Gainers and Decliners (PP6) - Corporate Gainers...

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