| 12/24/2003 | CV | Market Commentary: CKE, Triarc convertibles feel the bite from mad cow scare; Invitrogen shoots up on merger
|
| 12/23/2003 | CV | Market Commentary: J.C. Penney gains on the back of Duane Reade buyout; American Tower pat on unit's bankruptcy
|
| 12/22/2003 | CV | Market Commentary: Ford picks up buyers on upped guidance; Chesapeake shares sink, converts up on acquisition
|
| 12/19/2003 | CV | Market Commentary: Duke Energy convertibles active, higher on California settlement; buyers seek Yellow's older 5% issue
|
| 12/18/2003 | CV | Market Commentary: New deals higher, but volume slows as market begins to focus on weekend, holidays
|
| 12/17/2003 | CV | Market Commentary: All new deals soar, but small Fleetwood shines, rises to 112; Kroll adds $150 million overnighter
|
| 12/16/2003 | CV | Market Commentary: Four deals to price after the close Tuesday; Mentor adds $125 million overnighter
|
| 12/15/2003 | CV | Market Commentary: S&P cut puts brakes on El Paso gains; Fleetwood, Agco deals emerge; Interpublic bid 1.25 over issue
|
| 12/12/2003 | CV | Market Commentary: A dozen new deals this week put $4.64 billion into market; all of Friday's deals higher
|
| 12/11/2003 | CV | Market Commentary: CenterPoint bid 0.125 over par in gray market; Wyeth rises to 101.875; Citizens soars on sale possibility
|
| 12/10/2003 | CV | Market Commentary: Magnum, Scottish Re, CenterPoint emerge; Emulex, Akamai decline; Wyeth bid 0.5 over par in gray
|
| 12/9/2003 | CV | Market Commentary: Another $2.575 billion of deals; Akamai, Emulex both reoffered at 98
|
| 12/8/2003 | CV | Market Commentary: Issuers unwrap $1.73 billion of new paper and more set to come this week, this month
|
| 12/5/2003 | CV | Market Commentary: CenterPoint drops 2 points on unlikely asset sale to Reliant; JetBlue dives 7.5 on warning
|
| 12/4/2003 | CV | Market Commentary: Genzyme reoffered at 99.25, trades up to 100.25; other new issues active, but flat
|
| 12/3/2003 | CV | Market Commentary: Dominion, Genzyme emerge; Concord soars to 111, slides to 105.25; Fairmont hits 104.5
|
| 12/2/2003 | CV | Market Commentary: CMS trades up to 51.75 bid; Fairmont seen 2 points over par in gray
|
| 12/1/2003 | CV | Market Commentary: CMS, Fairmont, Concord deals emerge; buying boosts Northrop; Tyco, Inco come in
|
| 11/26/2003 | CV | Market Commentary: Nextel Partners gains on S&P outlook; Xerox climbs 3.875 on rosy forecasts; Ciber's issue climbs
|
| 11/25/2003 | CV | Market Commentary: Ciber popular amid lull in new deals; Ford gains on buying due to better data
|
| 11/24/2003 | CV | Market Commentary: Market hunts for Thanksgiving deal, Ciber answers the call with small issue; trading flow low
|
| 11/21/2003 | CV | Market Commentary: New paper mixed with thin trading; Lincare, Apria lose on Medicare reform worries
|
| 11/20/2003 | CV | Market Commentary: Millennium climbs to 107.375, other new paper sees no big price moves; Kulicke & Soffa emerges
|
| 11/19/2003 | CV | Market Commentary: Millennium over 104 in gray, Yellow at 103; General Cable soars 8.625 points from par
|
| 11/18/2003 | CV | Market Commentary: AmEx at 100.875 on buying; General Cable bid +3 in gray; Apria gains as stock slammed
|
| 11/17/2003 | CV | Market Commentary: American Express $1.8 deal billion lags around par in gray market; telecoms, techs slide with stocks
|
| 11/14/2003 | CV | Market Commentary: Valeant 3s end at 103.75 bid, 4s end at 104.75 bid; Amgen converts resist slide with stock
|
| 11/13/2003 | CV | Market Commentary: Both Valeant tranches bid up 2 points in gray, Radisys up 2.5; Casual Male adds 2.5
|
| 11/12/2003 | CV | Market Commentary: AmeriCredit prices at wide end, Chesapeake at aggressive end; Casual Male bid up in gray
|
| 11/11/2003 | CV | Market Commentary: EchoStar gets ditched, sell-off takes 2.75 points on pressured outlook; 3 new deals emerge
|
| 11/10/2003 | CV | Market Commentary: Biotech paper grabs attention as yield-hungry investors invade market
|
| 11/7/2003 | CV | Market Commentary: Calpine new convertible moves above par, falls back, trades actively at 991/2 area
|
| 11/6/2003 | CV | Market Commentary: Calpine trades around fair value in gray market but gets much skepticism from potential investors
|
| 11/5/2003 | CV | Market Commentary: Actuant trades pat with gray market at 102; Amkor tracks another 1 to 2 points higher
|
| 11/4/2003 | CV | Market Commentary: Navigant trades north of 107 on lack of supply; Actuant up 2 points in gray market action
|
| 11/3/2003 | CV | Market Commentary: American Tower gains 2.25 points on junk bond deal; three small new deals emerge
|
| 10/31/2003 | CV | Market Commentary: New Elan issue is a treat, zooming past 110 in heavy U.S. trading activity
|
| 10/30/2003 | CV | Market Commentary: Northwest reoffered at 98, edges up slightly; Elan is a blowout at 6.5%, up 49.9%
|
| 10/29/2003 | CV | Market Commentary: Gilead plunges 11-30 points on earnings disappointment; Northwest, Elan deals pops up;
|
| 10/28/2003 | CV | Market Commentary: United Rentals, JDS Uniphase both repriced at 98; United Rentals drops to 95, JDS edges higher
|
| 10/27/2003 | CV | Market Commentary: Deals emerge for $860 million; Juniper spikes 4.5 points on call; Anthem falls on WellPoint merger
|
| 10/24/2003 | CV | Market Commentary: Scottish Life, Cablevision blow up; Gap active as volatility sparks profit-taking; Nortel flattish
|
| 10/23/2003 | CV | Market Commentary: First Data deal to buy Concord blows up; Grey above par out of gate, but off from gray market
|
| 10/22/2003 | CV | Market Commentary: Grey up 3 points in gray after talk tightened; Lucent issues soar 6-9 points on buybacks
|
| 10/21/2003 | CV | Market Commentary: Best Buy dividend in line with expectations, converts flattish; Kodak holds pat amid stock furor
|
| 10/20/2003 | CV | Market Commentary: Hedgies buying Calpine notes; Amgen loses 1-2 points ahead of earnings; Nextel up on buybacks
|
| 10/17/2003 | CV | Market Commentary: XL holds up against stock slide on warning, boost to reserves; new Getronics euro issue zooms
|
| 10/16/2003 | CV | Market Commentary: Ford action revs up, converts add 2% on huge volume; Men's Wearhouse gains to 104, Beverly to 103.75
|
| 10/15/2003 | CV | Market Commentary: Men's Wearhouse bid up 2-3 points in gray market, even on tighter talk; Beverly bid up 1-2
|
| 10/14/2003 | CV | Market Commentary: Documentum gains 5.125 points in tandem with stock on EMC purchase; Beverly quiet in gray
|
| 10/13/2003 | CV | Market Commentary: Beverly Enterprises launches $100 million deal for Wednesday; Ptek pays off on Texas hedge
|
| 10/10/2003 | CV | Market Commentary: Computer Associates heads lower amid uncertainty; Quanta Services prices, gains in trading
|
| 10/9/2003 | CV | Market Commentary: Finisar prices to sell, gains 4.5; Quanta quick-sale up 2 in gray; CA plunges 8.5-12 on executive exits
|
| 10/8/2003 | CV | Market Commentary: Kodak, Placer Dome track gray market levels out of the gate; Simon positions seen lightening
|
| 10/7/2003 | CV | Market Commentary: Kodak bid up 2.25 points, Placer Dome up 2.5 in gray market action; Finisar, iDine emerge after close
|
| 10/6/2003 | CV | Market Commentary: Motorola issues up 3 points on chip unit spin-off; Kodak ends dry spell in new deals
|
| 10/3/2003 | CV | Market Commentary: Freeport-McMoRan buried by gold sell-off; Yahoo kicked up 2.25 points, also lifts Amazon
|
| 10/2/2003 | CV | Market Commentary: Providian gains sharply amidst big volume on talk about Wells Fargo takeover; buyers aplenty
|
| 10/1/2003 | CV | Market Commentary: Ford picks up 1 point on sales gain while General Motors flat; Flextronics bucks higher marker
|
| 9/30/2003 | CV | Market Commentary: Williams bonds gain 2.25 points, mandatory up slightly but more sellers seen; LSI loses 4-5 points
|
| 9/29/2003 | CV | Market Commentary: Gap, Charming Shoppes show mixed views on retail results; Pharma Resources gains 2.25
|
| 9/26/2003 | CV | Market Commentary: Market not ready to swallow Bristol-Myers Squibb; Cracker Barrel drops 1.5 on dividend
|
| 9/25/2003 | CV | Market Commentary: Pharma Resources gains to 104 despite complaint; Bristol-Myers jumbo seen offered at par in gray
|
| 9/24/2003 | CV | Market Commentary: CKE bids beefed up to 107; Flextronics expected to lose "big points" on jury award
|
| 9/23/2003 | CV | Market Commentary: Northrop, L-3 pounded lower as Citi cuts defense stocks; CKE soars 4.5 points in gray market
|
| 9/22/2003 | CV | Market Commentary: Motorola gains with stock on CEO departure; BioMarin steady after drug canceled
|
| 9/19/2003 | CV | Market Commentary: AmerisourceBergen gains 2 points in spite of headlines; Charter soars on exchanges
|
| 9/18/2003 | CV | Market Commentary: AMR reoffered at 98, dives as low as 96; Charming Shoppes picked up as cheap vol play
|
| 9/17/2003 | CV | Market Commentary: AMR revives $300 million deal; Best Buy off on earnings; building data lifts Masco despite dividend hike
|
| 9/16/2003 | CV | Market Commentary: Lockheed dips on dividend boost, Titan purchase; Chubb rebounds ahead of Isabel
|
| 9/15/2003 | CV | Market Commentary: Lowe's gains on Isabel threat; tech valuation concerns bring sellers out for Symantec, ADP
|
| 9/12/2003 | CV | Market Commentary: AMG, Franklin sellers emerge amid Janus probe; holders of Lucent, Nortel also take profits
|
| 9/11/2003 | CV | Market Commentary: Cephalon, Tekelec bid up as players position for upsurge; airlines higher in 9/11 trading
|
| 9/10/2003 | CV | Market Commentary: Energy bucks downward trend; overall sentiment positive; telecoms, tech down but Level 3 up
|
| 9/9/2003 | CV | Market Commentary: Cummins gains as buyers step in; Alpharma deeply wounded by lower guidance; telecoms slide
|
| 9/8/2003 | CV | Market Commentary: Convertible players watch issues gain with stocks; selling subsides; RF Micro gains on better guidance
|
| 9/5/2003 | CV | Market Commentary: European, Asian deals outpace U.S. after vacations end, but market better bid; Nortel, Lucent stronger
|
| 9/4/2003 | CV | Market Commentary: Issuance seen slowing, with more classic small cap issuers; Gap plunges; techs mostly higher
|
| 9/3/2003 | CV | Market Commentary: Rite Aid drops 3 points as Merrill pans stock; Openwave bid up in gray; OSI Pharmaceuticals dips
|
| 9/2/2003 | CV | Market Commentary: Traders see activity pick up, largely in anticipation of new deals waiting in the wings
|
| 8/29/2003 | CV | Market Commentary: Nextel gains on Berkshire's ballooning stake in bonds; Interpublic up on higher ad outlays
|
| 8/28/2003 | CV | Market Commentary: Miscellaneous scraps of convertible paper trading; action to heat up next week
|
| 8/27/2003 | CV | Market Commentary: Odd and ends offered amidst slow, boring session; market looks to post-holiday primary
|
| 8/26/2003 | CV | Market Commentary: Mixed bag, as convertibles track stocks in another slow session; Xerox issue soars on dividend
|
| 8/25/2003 | CV | Market Commentary: McData plunges around 17 points on warning, Wal-Mart fails to inspire buying in retail
|
| 8/22/2003 | CV | Market Commentary: Trading very thin, but dividend anxiety sparks markdowns; slow issuance seen through holiday
|
| 8/21/2003 | CV | Market Commentary: Market better bid but volume still lagging due to vacations; players eye dividend risk lists
|
| 8/20/2003 | CV | Market Commentary: Full-blown summer session very quiet, but a few buyers emerge for cheaper issues
|
| 8/19/2003 | CV | Market Commentary: InVision deal scrapped amid summer lull, officially citing adverse "market conditions"
|
| 8/18/2003 | CV | Market Commentary: Alkermes returns to convertibles market; InVision reslated deal sweetened once, then again
|
| 8/15/2003 | CV | Market Commentary: Serologicals upsized, Apria prices but InVision reslated for Monday due to blackout
|
| 8/14/2003 | CV | Market Commentary: Another big block of Tyco sold, stirring concern about liquidations among hedgies
|
| 8/13/2003 | CV | Market Commentary: New deal train chugs slowly along with string of small deals; dividend risk still high profile
|
| 8/12/2003 | CV | Market Commentary: Reliant converts plunge 16.25 points as broader market gains; Cadence deal reoffered at 98
|
| 8/11/2003 | CV | Market Commentary: Trading quiet ahead of Fed; three deals on tap after close, with slim gray market activity
|
| 8/8/2003 | CV | Market Commentary: New issues trade up mostly, except for Lockheed; airlines higher in overall mixed market
|
| 8/7/2003 | CV | Market Commentary: Lockheed sweetens yield talk; Artesyn prints coupon wide of guidance; DST trades up
|
| 8/6/2003 | CV | Market Commentary: Buyer-friendly market climate results in DST sweetening talk, Church & Dwight downsized
|
| 8/5/2003 | CV | Market Commentary: Further cheapening noted, but many buyers waiting in wings; new deal slate remains active
|
| 8/4/2003 | CV | Market Commentary: AMR deal grounded, but two others at bat; buyers emerge as market begins to cheapen
|
| 8/1/2003 | CV | Market Commentary: Vishay reoffered at 98, drops; Fair Isaac, Mentor floater up; Tyco 3.125s drop on big sale
|
| 7/31/2003 | CV | Market Commentary: ExpressJet prices aggressively after Continental scraps stock sale; Dynegy sweetens yield
|
| 7/30/2003 | CV | Market Commentary: ExpressJet in holding pattern, waiting on Continental signal; three other new deals emerge
|
| 7/29/2003 | CV | Market Commentary: ExpressJet soars in gray market, as do most of new issues in play; Nextel Partners, Dynegy emerge
|
| 7/28/2003 | CV | Market Commentary: Dynegy seen launching smaller convert early Tuesday; seven other deals launched Monday
|
| 7/25/2003 | CV | Market Commentary: Quantum downsizes, sweetens deal as late surge of deals find many players on summer break
|
| 7/24/2003 | CV | Market Commentary: Health Management breakfast deal reoffered at 98.75 to whet buyers' palate; four deals pricing after close
|
| 7/23/2003 | CV | Market Commentary: Deluge of earnings headlines curbs trading; Amazon up on good volume for second day
|
| 7/22/2003 | CV | Market Commentary: Buyers tiptoeing back into market as premiums contract; Wells Fargo rekindles dividend fears
|
| 7/21/2003 | CV | Market Commentary: 3M heads higher on earnings news, Shaw up slightly in wake of last week's sell-off
|
| 7/18/2003 | CV | Market Commentary: Interrnet issues rocket higher; overall market rebounds slightly; call threats keep a lid on gains
|
| 7/17/2003 | CV | Market Commentary: Market slides sharply, thanks to Nasdaq, but uptick in volatility gives some encouragement
|
| 7/16/2003 | CV | Market Commentary: Mirant converts climb over 6 points; Lucent, Motorola put pressure on telecom sector
|
| 7/15/2003 | CV | Market Commentary: Mirant bankruptcy creates a bloodbath, compounded by violent correction in bonds
|
| 7/14/2003 | CV | Market Commentary: Six new deals totaling $690 million on tap for this week; Charter levels off, Tyco up
|
| 7/11/2003 | CV | Market Commentary: Charter deal emerges as junk bond to fund tender for its convertibles, which climb further
|
| 7/10/2003 | CV | Market Commentary: CMS ponies up more yield; MedImmune repriced at 95; buzz emerges of Charter deal
|
| 7/9/2003 | CV | Market Commentary: CMS deal revived with wider yield talk, joining TXU after close as power issues heat up
|
| 7/8/2003 | CV | Market Commentary: Traders note more summer-like flow; some profit taking seen as new deal party rocks on
|
| 7/7/2003 | CV | Market Commentary: HealthSouth converts bid up some 20 points on financials; trading sees post-holiday lull
|
| 7/3/2003 | CV | Market Commentary: Players focus on stocks as volatility spikes on snafu at CBOT; most new paper lower
|
| 7/2/2003 | CV | Market Commentary: Volatility players emerge with a vengence, picking up mostly new deals with lower premiums
|
| 7/1/2003 | CV | Market Commentary: Broader market softer but new paper from Sina, Fisher higher; Level 3 seen getting upsized
|
| 6/30/2003 | CV | Market Commentary: Rush of deals launched ahead of holiday; 4 at bat, another 4 set for Tuesday; Mirant finds support
|
| 6/27/2003 | CV | Market Commentary: Nextel Partners soars on buzz of another new deal; Magma drops after KPMG dismissal hits tape
|
| 6/26/2003 | CV | Market Commentary: GM boosted to $4 billion; Sealed Air, Crown Castle join deal party; Reliant, Calpine mixed on deals
|
| 6/25/2003 | CV | Market Commentary: Halliburton, EDS shoot up after pricing; yield-seekers on the hunt in wake of Fed ease
|
| 6/24/2003 | CV | Market Commentary: Demand squeeze forces new deals to wide end of ranges; Nektar sweetens
|
| 6/23/2003 | CV | Market Commentary: Market cheapening poses double-edged sword as new paper suffers; 4 deals emerge
|
| 6/20/2003 | CV | Market Commentary: GM's new $3.5 billion deal gets many excited; Xerox heads higher in active first day of trading
|
| 6/19/2003 | CV | Market Commentary: Xerox increased to $800 million as oversubscription is achieved ahead of final pricing
|
| 6/18/2003 | CV | Market Commentary: CNet pulled, other new deals sweetened; Reliant upsizes as buyers reach for a fat coupon
|
| 6/17/2003 | CV | Market Commentary: New deal parade marches on; Lattice reoffered at 98, still dives; secondary thin, lower
|
| 6/16/2003 | CV | Market Commentary: ICOS, Lattice at bat; buzz puts Nextel Partners eyeing another convert after new junk offering
|
| 6/13/2003 | CV | Market Commentary: Criimi Mae piques interest of yield-grabbers; 13 new issues total $1.7 billion for the week
|
| 6/12/2003 | CV | Market Commentary: Yield-grabbers reach for busted convertibles, distressed issues; new paper mixed in secondary
|
| 6/11/2003 | CV | Market Commentary: Xerox emerges as a mandatory; Mirant in freefall; Tyco gains on unit sale talk; airlines fly high
|
| 6/10/2003 | CV | Market Commentary: Xerox buzz renewed with bank loan activity; call threats pull in several issues; Mirant dives on MAG snag
|
| 6/9/2003 | CV | Market Commentary: Week begins slowly with a thin market; Omnicare prices, three more small deals emerge
|
| 6/6/2003 | CV | Market Commentary: Convertibles see record week with 16 deals totaling $4.47 billion; Cephalon, Continental climb
|
| 6/5/2003 | CV | Market Commentary: Continental soars past 107; five new deals totaling $1.23 billion at bat after closing bell
|
| 6/4/2003 | CV | Market Commentary: Airline paper flies; energy issues power up after Mirant scare; Schlumberger resold under par
|
| 6/3/2003 | CV | Market Commentary: Mirant 5.75s fall 12-15 points on bankruptcy buzz; six new deals afloat in primary
|
| 6/2/2003 | CV | Market Commentary: Cablevision soars on news of spin-offs; new paper mixed as two new deals emerge late
|
| 5/30/2003 | CV | Market Commentary: Lucent, Ask Jeeves trade near 102 then drop below par; EFI stands strong at 102.5 bid
|
| 5/29/2003 | CV | Market Commentary: Lucent upsized to $1.525 billion, premium price talk revised on strong demand
|
| 5/28/2003 | CV | Market Commentary: Market attention drawn to new issues as Delta and Juniper get reoffered at lower prices
|
| 5/27/2003 | CV | Market Commentary: D.R. Horton moves on redemption; Bunge higher on fundamentals; Northwest heads up with stock
|
| 5/23/2003 | CV | Market Commentary: Quiet day ahead of three-day holiday weekend; utility issues soar; Credence reoffered at 96.5
|
| 5/22/2003 | CV | Market Commentary: With $10 billion of new paper in play for May, flow picks up; Credence slips in overnighter
|
| 5/21/2003 | CV | Market Commentary: Providian's new paper soars to 104.5; Elan gains on deal for King sale; new deals continue to flow
|
| 5/20/2003 | CV | Market Commentary: Buyers finding more to chew on among this week's deals; upsizing, tightening prevail
|
| 5/19/2003 | BKCVDDHY | No upgrade reviews so far in May, Moody's said
|
| 5/19/2003 | CV | Market Commentary: Despite stocks' sharp retreat, 4 new deals emerge; Amazon deal speculation resurfaces
|
| 5/16/2003 | CV | Market Commentary: Slow session follows frantic week of heavy new issuance
|
| 5/15/2003 | CV | Market Commentary: Convertibles enjoy momentum from junk bond frenzy
|
| 5/14/2003 | CV | Market Commentary: Buyers' strike continues amid wide range of new deal types; Sinclair, Triarc hit home runs
|
| 5/13/2003 | CV | Market Commentary: Many players welcome influx of new deals, though rich; hoping raging demand will be curbed
|
| 5/12/2003 | CV | Market Commentary: Traders begin to boost hedges but note lack of conviction in rally; three new deals emerge
|
| 5/9/2003 | CV | Market Commentary: Profit taking noted among high yield players; some attention turns to European convertibles
|
| 5/8/2003 | CV | Market Commentary: Trading slowed as players step back into sidelines to study as bond rally cools, stocks retreat
|
| 5/7/2003 | CV | Market Commentary: Mirant lower on lack of visibility on bank refinancing; Charter up as net loss narrows, hopes rise
|
| 5/6/2003 | CV | Market Commentary: Market mixed in choppy trade; new deal surge continues
|
| 5/5/2003 | CV | Market Commentary: Tech names higher, partly on Lucent/Juniper agreement; LIN, Edwards pricing before Tuesday open
|
| 5/2/2003 | CV | Market Commentary: Market focuses on absorbing aggressively priced new issuance
|
| 5/1/2003 | CV | Market Commentary: Duke Energy off highs in gray market on revised terms; new issuance flooding in overnight
|
| 4/30/2003 | CV | Market Commentary: Tyco convertibles drop to 97 on accounting charge news only to end higher at 102
|
| 4/29/2003 | CV | Market Commentary: Secondary activity picks up on influx of earnings reports; flow of small new issues continues
|
| 4/28/2003 | CV | Market Commentary: Thin market reported as players digest heavy earnings stream; lack of issuance perplexes some
|
| 4/25/2003 | CV | Market Commentary: Amazon rise burns heavy hedges; Emulex bonds hold on stock drop; distressed buyers remain active
|
| 4/24/2003 | CV | Market Commentary: Converts mixed as stock rally falters while spreads tighten; new issues mixed as well
|
| 4/23/2003 | CV | Market Commentary: Carnival's new deal repriced, still drops; earnings lift Lucent, Nextel
|
| 4/22/2003 | CV | Market Commentary: Sharp rally in Viacom, L-3 could lead to profit taking; Pride deal up out of gate; Carnival jumps in
|
| 4/21/2003 | CV | Market Commentary: Market still in thin, holiday mode; deal flow seen picking up swiftly
|
| 4/17/2003 | CV | Market Commentary: Many players skip out early for long weekend; expectations high for healthy pipeline of new deals
|
| 4/16/2003 | CV | Market Commentary: Lower credits gain ground while high grades slip on call repricing; Hilton deal slides in aftermarket
|
| 4/15/2003 | CV | Market Commentary: Market watches credit trends for buy, sell opportunities; Charter firms on cash infusion from Allen
|
| 4/14/2003 | CV | Market Commentary: Short week gets off to slow start; Disney moves along with Yahoo
|
| 4/11/2003 | CV | Market Commentary: Market slow, slower ahead of short week, anticipated earnings deluge
|
| 4/10/2003 | CV | Market Commentary: Cable, media issues in flux; Yahoo boosted by earnings; new paper mixed in trading
|
| 4/9/2003 | CV | Market Commentary: Wells Fargo, Disney open below par; Photronics new deal soars 4 points in gray
|
| 4/8/2003 | CV | Market Commentary: Injection of $4 billion in much-needed new paper welcomed in otherwise very quiet session
|
| 4/7/2003 | CV | Market Commentary: Computer Network bonds crushed as holders flee due to cash use for acquisition
|
| 4/4/2003 | CV | Market Commentary: Yahoo! overnighter meets few cheers; AES plan lifts power group; warning crushes Affymetrix
|
| 4/3/2003 | CV | Market Commentary: Refinancing hopes, quest for delta provide buying catalyst; HealthSouth firmer on rescue hopes
|
| 4/2/2003 | CV | Market Commentary: Allied Waste deal stands pat; energy names firm on hope from Reliant's bank victory
|
| 4/1/2003 | CV | Market Commentary: Fleming converts close to zero; Charter holders sigh in relief on pledge to make coupon payment
|
| 3/31/2003 | CV | Market Commentary: Market tiptoes into earnings season with anxiety, weighed down by uncertainty of war length
|
| 3/28/2003 | CV | Market Commentary: Continental, Alaska Air dive; Fleming feeds liquidity fears; warnings signal selling spree
|
| 3/27/2003 | CV | Market Commentary: Energy, power issues active; HealthSouth troubles mount; Allied Waste seen next week
|
| 3/26/2003 | CV | Market Commentary: Integra prices drive-by deal, energy issues spotlighted by $3.3 billion California refunds
|
| 3/25/2003 | CV | Market Commentary: HCC prices drive-by deal, closes at par; Calpine gains on exchange speculation
|
| 3/24/2003 | CV | Market Commentary: Airborne soars amid sea of sinking prices on protracted war buzz; HealthSouth trades in teens
|
| 3/21/2003 | CV | Market Commentary: HealthSouth converts trade in the 20s but more downside expected; Liberty/AOL prices at discount
|
| 3/20/2003 | CV | Market Commentary: HealthSouth set to trade at midnight, pegged in the 20s; El Paso gains on settlement
|
| 3/20/2003 | BKCVHY | HealthSouth dominates even with no trading, revolver frozen; Fleming down on bankruptcy talk
|
| 3/19/2003 | CV | Market Commentary: HealthSouth problems cloud upcoming convertible pay-off; hedge funds pained by premium squeeze
|
| 3/18/2003 | CV | Market Commentary: Mandalay prices at record premium among flurry of new deals; secondary players in hiding
|
| 3/17/2003 | CV | Market Commentary: Markets go green on war visibility; spate of deals hold promise for busy week
|
| 3/14/2003 | CV | Market Commentary: Players rattled, frustrated in sloppy market ahead of Fed; power names, Interpublic stronger
|
| 3/13/2003 | CV | Market Commentary: Buyers seen for junky converts; new Arris, UTStarcom climb; Tyco, ADP plunge in sell-offs
|
| 3/12/2003 | CV | Market Commentary: Trading lulls on impending war hype, but players search for short-end opportunities
|
| 3/11/2003 | CV | Market Commentary: Interpublic prices, Arris launches $100 million; King Pharma dives on SEC investigation
|
| 3/10/2003 | CV | Market Commentary: Interpublic again dominates market attention; new paper weak amid sluggish session
|
| 3/7/2003 | CV | Market Commentary: Risk-takers buy short Interpublic paper; UTStarcom opens weaker, then recovers to par
|
| 3/6/2003 | CV | Market Commentary: Raytheon dives on pension costs; some retail issues find buyers on recent weakness
|
| 3/5/2003 | CV | Market Commentary: Watson trades up out of gate, Provident plunges, call scare ripples throughout market
|
| 3/4/2003 | CV | Market Commentary: Inco deals steady out of gate; Watson trading up in gray as credit, put offset pricey terms
|
| 3/3/2003 | CV | Market Commentary: Inco prices $400 million, Watson launches quickie; Capital One dives on CFO departure
|
| 2/28/2003 | CV | Market Commentary: LNR, Chesapeake, Axcan rise; buyers for Gap's convertibles as stock slides on sales news
|
| 2/27/2003 | CV | Market Commentary: New issues dominate market as funding window narrows
|
| 2/26/2003 | CV | Market Commentary: New issues bid up in gray; Tyco's new converts gain sharply, power names dive
|
| 2/25/2003 | CV | Market Commentary: Credit markets, new deals stir players out of shadows
|
| 2/24/2003 | CV | Market Commentary: Very slow trading day, with players hanging in shadows
|
| 2/21/2003 | CV | Market Commentary: Buyers step up on weakness but market choppy on lack of conviction, direction
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| 2/20/2003 | CV | Market Commentary: Williams boosts entire slate of power names; FCC ruling sends telecoms tumbling
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| 2/19/2003 | CV | Market Commentary: New deals boost trading activity while stocks retreat
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| 2/18/2003 | CV | Market Commentary: Northeast "Blizzard of 2003" hampers trading desks but doesn't thwart deal activity
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| 2/14/2003 | CV | Market Commentary: Buyers emerge in search of sweethearts, but Universal Health gets jilted on news
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| 2/13/2003 | CV | Market Commentary: War scare sparks emotional trading, but defense names struggle ahead of conflict
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| 2/12/2003 | CV | Market Commentary: El Paso sinks on liquidity worries; market sidelined, noting spreads widening
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| 2/11/2003 | CV | Market Commentary: USA Interactive pitching overnighter; Sierra Pacific, Teekay price new deals
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| 2/10/2003 | CV | Market Commentary: Teekay launches mandatory; trading choppy, quiet, mixed
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| 2/7/2003 | CV | Market Commentary: Week ends quietly, lower; Agilent falls on junk rating; El Paso rating cut after close
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| 2/6/2003 | CV | Market Commentary: Freeport deal at record premium gets gobbled up; market surprised at activity level
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| 2/5/2003 | CV | Market Commentary: Rite Aid converts gain on upsized junk bond deal; El Paso plunges on worries
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| 2/4/2003 | CV | Market Commentary: AIG drop weighs on insurers, new issues continue to slip, U.S. Steel advances, tightens
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| 2/3/2003 | CV | Market Commentary: McData, U.S. Steel new deals emerge in market willing to consume tight, tighter terms
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| 1/31/2003 | CV | Market Commentary: Airborne soars on rising profits, Nortel gains on new deal buzz, Micron paper continues to slip
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| 1/30/2003 | CV | Market Commentary: Micron trading lighter as outright buyers hold on; several drug issues gain
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| 1/29/2003 | CV | Market Commentary: Activity heavier on Micron, but slower deal flow than expected frustrates players
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| 1/28/2003 | CV | Market Commentary: Arch Coal's new deal gains out of gate; players mostly on sidelines
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| 1/27/2003 | CV | Market Commentary: Sluggish market as many focus on possible war in the Middle East
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| 1/24/2003 | CV | Market Commentary: Retreat in broader markets thwarts gains in new paper
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| 1/23/2003 | CV | Market Commentary: New deals provide stimulus, along with tech stock rally
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| 1/22/2003 | CV | Market Commentary: Lucent rallies on buybacks, stabilizing outlook; Tyco weakens on loss, forecast
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| 1/21/2003 | CV | Market Commentary: American Tower 2.25s gain on junk deal; Lennar, retail weaker on war, outlook fears
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| 1/17/2003 | CV | Market Commentary: Thin market ahead of long holiday weekend; weaker on Microsoft, IBM news
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| 1/16/2003 | CV | Market Commentary: Players sidelined, perplexed by corporate spending forecasts; rising star Lennar shines
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| 1/15/2003 | CV | Market Commentary: Chips tumble on Intel news; broader convertible market trading in sideways pattern
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| 1/14/2003 | CV | Market Commentary: Some expect credit spread rally to begin leveling off; Oneok mandatory guidance emerges
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| 1/13/2003 | CV | Market Commentary: In sloppy trading, seesaw day ends flatly; Shaw, Duke drop on earnings bombshells
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| 1/10/2003 | CV | Market Commentary: Motley trading, mostly up; State Street launches deal
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| 1/9/2003 | CV | Market Commentary: Cendant gets boost from straight bond deal, Tyco putable issues gain sharply
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| 1/8/2003 | CV | Market Commentary: Tyco dominates trading day, power issues surge on manipulation suit dismissal
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| 1/7/2003 | CV | Market Commentary: Heavy trading on Tyco deal; InterMune dives, techs and telecoms soar, power mixed
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| 1/6/2003 | CV | Market Commentary: Trading light in advance of Bush plan; Tyco's jumbo deal finally materializes
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| 1/3/2003 | CV | Market Commentary: Market very quiet as stocks stall; anticipating new deals
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| 1/2/2003 | CV | Market Commentary: Market unexpectedly lively as new year opens strongly
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