12/1/2004 | BKCVDDHY | High-yield credit default swaps often fail to protect against distressed exchanges, Fitch warns
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12/1/2004 | CV | Citigroup: Convertible issuance trends in 2004, while bleak versus 2003, appear positive for 2005
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12/1/2004 | CV | Merrill: Convertible returns year to date up 7% versus 0.9% gain for convertible hedge returns
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11/1/2004 | CV | CoCo exchanges steadily trickle in, holders upset about lack of incentives
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9/30/2004 | CV | New accounting rule for CoCo convertibles adopted; exchanges anticipated; calendar now seen mounting
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9/30/2004 | CVDDHY | Trace price reporting expands to 17,000 bonds Friday
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9/28/2004 | CV | Goldman Sachs suggests proposed changes to CoCo convertible accounting rule be expanded
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9/24/2004 | CV | Lehman analyst: New convertibles move stock sharply in first two days, regardless of marketing period
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9/23/2004 | CV | SEC bars Edward Strafaci from securities industry
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9/20/2004 | CV | BMO Nesbitt Burns hires Luke Seabrook, Duncan Marks for new equity-linked group
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9/17/2004 | CV | RBC Capital hires Prendergast, White, Winaker to head convertible group
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9/15/2004 | CVHY | Advent Capital hires Hanson as senior credit analyst
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9/10/2004 | CV | Merrill: Regal-Beloit, Axcan, Global Imaging convertibles would suffer biggest price correction in takeover event
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9/8/2004 | BKCVDDEMHY | Credit default swap usage up 71% on trading activity, Fitch says
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8/25/2004 | CV | Merrill pitches global convertibles to traditional equity investors for greater returns, less risk
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8/11/2004 | CV | Convertible liquidations moderate in wake of Lipper scandal, which is seen as leveling the playing field
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8/3/2004 | CV | Merrill notes negative net issuance of $5 billion year to date on slack in July, heavy redemptions
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8/2/2004 | CV | Citigroup analyst cites CoCo issue, soggy stock market for falloff in deal flow
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8/2/2004 | CV | Merrill analyst: Convertible market value lost 4% in July on slack new-issue flow, market downturn
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7/19/2004 | BKCVDDHY | Little change in corporate leverage amid lack of incentive, S&P says
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7/13/2004 | BKCVHY | Growing revenues, profits driving decline in leverage, Fitch says
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7/9/2004 | CV | Barclays analysts find only Siemens euro convertible exposed to proposed CoCo dilution rule
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7/9/2004 | CV | Merrill analysts see small cap, busted converts most vulnerable to proposed CoCo dilution rule
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7/7/2004 | CV | New CoCo rule may be a "pothole" for issuance, but market observers say it's not a huge deterrent
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7/6/2004 | CV | Lehman analysts see CoCo dilution accounting rule very likely, perhaps within next 6-8 weeks
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7/2/2004 | CV | Convertible deal size continues to shrink as June's average drops to $167 million, Citigroup says
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7/2/2004 | CV | Contingent convertibles draw FASB's attention
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7/1/2004 | CV | Midyear Update: Some see 2004 convertible outright returns lagging earlier expectations of 10% area
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6/30/2004 | CV | Midyear Update: Convertible pros cut 2004 issuance forecast by $10-$20 billion to $50-$70 billion area
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6/18/2004 | CV | Convertible pros ask about busted issues, callable names vis-à-vis interest rates: Lehman analyst
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6/17/2004 | CV | Lehman convertible analysts reschedule conference call on interest rates to noon Friday
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6/16/2004 | CV | Lehman: Convertibles overall would drop 1.73% on a 100 bps shift in Treasury curve
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6/10/2004 | CV | Lehman: New-issue convertible terms cheapened to 2.27% from 1.75% in May
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6/8/2004 | BKCVHY | Credit default swap market hampered by lack of liquidity, Fitch says
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5/18/2004 | CV | Citigroup lowers 2004 convertible return estimate to flat from 10% area due to higher interest rate climate
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5/17/2004 | CV | Merrill analyst finds opportunity in convertibles that could see call premium expand on higher rates
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5/14/2004 | CV | Vanguard closes convertibles fund after assets double
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5/7/2004 | CV | Convertibles suffer worst month since September 2002, Citigroup says
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4/21/2004 | CV | Citigroup analyst: Estimates for convertible returns expected to hold up in rising rate environment
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4/12/2004 | CV | Deutsche hires Donald Sung for convertibles
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4/8/2004 | CV | Gabelli fund manager points to the east, Japan in fact, for convertibles to best global benchmarks
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4/2/2004 | CV | Merrill: Convertibles best stocks in March; junk issues beat high grades, counter to straight bonds
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3/24/2004 | CV | S&P: Convertible issuance benefits from low rates, hampered by stock gains
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3/17/2004 | CV | Deutsche finds several European convertibles with possible takeover upside
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3/11/2004 | CV | Acuity Capital receives investment from JPMorgan incubator
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3/9/2004 | CV | Citigroup analyst: Duration adjustments may be needed for interest rate sensitive convertibles
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3/8/2004 | CV | Citigroup convertible analyst suggests several tech, telecom convertibles in "over-hedged" space
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2/6/2004 | CV | Citigroup analysts: Issuance signs still bullish; 1Q could bring 5% correction, volatility spike
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2/5/2004 | CV | Mellon HBV starts convertible arbitrage
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2/4/2004 | CV | M&A activity in 2004 already ahead of expectations: CreditSights analysts
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1/30/2004 | CV | "Convertopia" not probable, but 2004 still looks positive for euro converts: Barclays
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1/30/2004 | CV | Dilution risk from contingent conversion triggers on convertibles rising: Lehman analyst
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1/30/2004 | CV | Credit analyst steps back from tech sector enthusiasm in 2004
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1/26/2004 | CV | Deutsche analyst finds $29.8 billion of convertibles with call, put risk in 2004
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1/23/2004 | CV | Merrill convertible analyst suggests adjusting duration for interest rate risk immunization
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1/20/2004 | BKCVDDHY | Fitch hires St. Denis as accounting analyst
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1/13/2004 | CV | Citigroup European convertible analyst sees 25% chance of widening credit spreads, falling volatility
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1/9/2004 | CVHY | NASD announces new Trace 50 list
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1/8/2004 | CV | Lehman sees 2004 convertible returns of 8-9%, modest issuance in the $70-80 billion area
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1/5/2004 | CV | Merrill's base case 2004 convertibles view sees outrights up 6-9%, hedges adding 4%
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1/2/2004 | CV | Merrill convertible analyst: Convertible returns up 24% in 2003 - the biggest gain since 1999
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1/2/2004 | CV | Citigroup convertible analyst notes strong 2003 new issue finish likely to spill into 2004
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1/2/2004 | CV | Merrill convertible analyst notes rich secondary market helped with growth
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1/1/2004 | CV | Convertible pros anticipate 2004 issuance in $80 billion area, largely driven by M&A
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1/1/2004 | CV | Convertible returns for 2004 seen in 10% area; hedge funds expect gains in volatility boost
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12/19/2003 | CV | Citigroup analysts expect 2004 convertible new issue pace to dip from 2003 to about $80 billion
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