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Tag: junk
Junk Sales Sprint Toward Record in Rate Refuge: Credit Markets
2013-09-07 04:33:07| IT Services - Topix.net
Junk-bond sales are extending their lead over last year's record pace in the U.S. as investors snap up debt that's been beating investment-grade securities for the longest stretch in more than a decade.
Tags: rate
sales
record
credit
Sprint wraps largest-ever junk bond issue at $6.5 billion
2013-09-05 02:00:00| Total Telecom industry news
U.S. operator will likely use part of proceeds to pay down Clearwire debt, one source says.
Tags: issue
bond
billion
sprint
Google+ Local for iOS heads to junk heap on August 7
2013-07-26 17:43:44| CNET News.com
The features included in Google+ Local were recently integrated into Google Maps, making a standalone app unnecessary. [Read more]
Tags: local
august
google
heads
S&P downgrades SoftBank to 'junk' status, shares slide
2013-07-08 12:13:13| Telecom - Topix.net
Standard & Poor's cut SoftBank Corp's debt rating two notches to "junk" grade, citing financial risks from its $21.6 billion purchase of U.S. wireless carrier Sprint Nextel Corp and Sprint's proposed buyout of Clearwire Corp .
Tags: status
shares
slide
junk
SoftBank Cut to Junk by S&P After FCC Approves Sprint Deal
2013-07-08 09:34:51| IT Services - Topix.net
SoftBank Corp. , led by billionaire Masayoshi Son, had its credit rating cut to junk by Standard & Poor's after winning approval from the Federal Communications Commission for its $21.6 billion bid to buy Sprint Nextel Corp. The rating was cut to BB+, the highest non-investment grade, from BBB, with a stable outlook, S&P said in a statement today.
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