Commercial Metals Company

By Rachelle Kakouris May 8 (IFR) - High-yield rated corporates are rushing to issue debt on Wednesday, with two deals priced and another nine potential borrowers expected to take advantage of record low rates, as junk bond yields dropped below 5% for the...

By Joy Ferguson NEW YORK, May 8 (IFR) - The high-yield market was firing on all cylinders on Wednesday as issuers took advantage of incredibly favorable conditions, with the yield-to-worst dropping below 5% to 4.97% on Tuesday, according to the...

By John Balassi May 8 (IFR) - Market tone is relatively muted early on Wednesday, despite better than expected trade data from China and German industrial production recording the best print in over a year - not to mention the red-hot rally in equities....

By Rachelle Kakouris May 7 (IFR) - Four junk-rated companies joined a burgeoning new issue pipeline on Tuesday as borrowers look to take advantage of record low rates. With the S&P 500 hitting yet another fresh high, and high-yield testing fresh lows...

By John Balassi May 7 (IFR) - Risk-taking is on this Tuesday morning, with global equity indexes painting an even more positive picture than the credit indices. The Nikkei index was bid up around 3.5% as the yen continues to weaken, while several...

By Joy Ferguson NEW YORK, May 6 (IFR) - Eight deals hit the US high-yield market on Monday as issuers moved to raise a total of US$4.575bn with three of those deals expected to price later in the day. The largest of the new offerings is a US$2bn...

(Corrects third paragraph to show GM Financial deal will run off HY desk, not high-grade) By Joy Ferguson NEW YORK, May 6 (IFR) - Eight deals hit the US high-yield market on Monday as issuers moved to raise a total of US$4.575bn with three of those...

By Rachelle Kakouris NEW YORK, May 6 (IFR) - Nine high-yield deal announcements totaling USD4.785bn - including three drive-by offerings - kick-started what is expected to be a busy week for the asset class, as investors continue to take on risk in the...

(Corrects amount to be raised in first paragraph) By Rachelle Kakouris NEW YORK, May 6 (IFR) - Nine high-yield deal announcements totaling just over USD5bn - including three drive-by offerings - kick-started what is expected to be a busy week for the...

April 26 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Amazon, Wynn Resorts and Celgene, on Friday. HIGHLIGHTS * Amazon.com Inc : JP Morgan, others cut price target on the...

Monday: -- Earnings: Casella Waste Systems Inc. Tuesday: -- May housing starts and building permits -- Earnings: Best Buy Co.; Clarcor Inc.; Darden Restaurants Inc.; FactSet Research Systems Inc.; Progress Software Corp. Wednesday: -- Weekly crude oil...