A Junk Bond Depression?
The default rate on junk bonds in 2007 was well under 1%. Junk guru and finance professor Edward Altman says that number will move well above 4.6% this year. According ...Read Full Story »
Posts related to ‘IQW’
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The 52-Week Low Club
Quebecor (IQW) Printing company announces refinancing and get downgrades. Falls to $3.03 from $14.79 high. Virgin Mobile Usa (VM) Wider loss that expected. Falls to $8.07 from 52-week high of ...Read Full Story »
The 52-Week Low Club
Aca Capital (ACA) S&P cuts rating after big loss. Drops to $1.60 from 52-week high of $16.55. Quebecor World (IQW) Refinances company, brings on new debt. Falls to $4.12 from ...Read Full Story »
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