Bonds
Sorbent Technologies Awarded $9 Million Annual Contract for Mercury Reduction
Sorbent Technologies
Corporation (Pink Sheets: SORB) announced today that it has been awarded a
contract by a major U.S. power generator to supply its proprietary sorbents to
remove mercury from the flue gases of coal-fired power plants in the Midwest.
"Chou runs his fund the way he runs his life- and that's a good thing" - Globe Advisor
Short article on Francis Chou. Has a bit of information about bonds.
Foreign Bonds in a Declining Market and Low Interest Rates
The debt of developed foreign countries is looking more and more attractive lately as the FED continues its rate slashing bonanza in an effort to revive a dying U.S. economy. Inflation adjusted yields on U.S. based Treasuries are near the floor. Fixed income investors might be better suited to consider investments across the big pond, not only for greater yield but better diversification.
How value investor Chou wins with bonds
Mr. Francis Chou’s method can be boiled down to a few principles. As he wrote in his 2007 report to unitholders, “the cardinal principle of investing is to think first about preserving capital before thinking about making money. The greater the probability of permanent loss of capital, the greater the spread should be between a particular debt instrument and risk-free treasuries.”
Just Another Credit Crunch?
Many investors are beginning to think that income investing is every bit as risky as equity investing, but nothing has really changed in the relationship between these two basic building blocks of corporate finance. What has changed in recent years is the nature of the derivative products created by the wizards of Wall Street to deliver both forms of securities to investors.
Bond rating
Just like personal credit scores, the bond markets have their own credit system that decides a corporations credit rating or score.
Sears Begins Brands Sales Channel Diversification
Sears embarks on the first of many moves to make their brands widely available
Value Idea: Fixed Income
Fixed income is often neglected by individual investors, which is a mistake. In this post I go through some categories of fixed income ideas that may enahnce the risk profile of your portfolio.
Canada's TSX-MX merger
Shareholders press for Canada's exchanges - TSX (Toronto) and MX (Montreal) - to merge
Bondholders Punish Tyco, Kimberly, Expedia for Buybacks, LBOs
"Corporate America is losing its cachet in the bond market." It looks like the current run of buybacks and LBOs might be coming to an end.
Hidden Gems in the Junk Bin
Some junk bonds tarnished by the recent fixed-income rout have nonetheless become more valuable as yields rise. A look at reasonably safe gems that amply reward for risk, including Neiman Marcus and MGM Mirage. Plus, two names to avoid.
Kentucky v. Davis Municipal Bond Case: A Review of the Supreme Court Briefs
The Supreme Court's decision in the Kentucky vs. Davis municipal bond case, to be heard in the October session, will determine whether states have a right to tax the municipal bond interest on out of state municipal bonds. A review of the briefs filed before the court are detailed in this post.
Municipal Bond Investors: No Smooth Sailing Ahead
Three significant events could impact the value of municipal bonds this year other than interest rate movements. For example, state specific risk (Michigan auto industry distress and Florida real estate property tax issues), GASB regulation risk and states trying to circumvent these new regs, and Supreme Court case: Kentucky v. Davis.

