Nokia Oyj’s tendency to burn through cash faster than any of its rivals is putting bondholders at risk even after the smartphone maker bolstered its balance sheet by skipping a dividend for the first time in 143 years.
Dish Network Corp. has amassed a record amount of cash through bond sales as the second-largest U.S. satellite-television provider seeks to expand into the wireless business to offset a decline in its core customer base.
Bonds of Clearwire Corp., the company Standard & Poor’s says will run out of cash in 2012, are approaching levels consistent with an impending default as partner Sprint Nextel Corp. strikes a deal with a competitor.
The cost to protect debt issued by Expedia Inc. surged after the biggest online travel agency by revenue said it will split into two businesses, giving investors a chance to own shares in its fast-growing TripAdvisor unit.
Hewlett-Packard Co. debt is the riskiest in a decade relative to Dell Inc. as Chief Executive Officer Meg Whitman struggles to transform the world’s largest computer maker in an age of tablets and smartphones.
Oracle Corp ., the world’s second- largest software maker, sold $3.25 billion of bonds in two parts in its first offering in more than a year and the biggest debt sale by a nonfinancial borrower in 13 weeks.
Viacom Inc. , the owner of MTV Networks and the Paramount Pictures film studio, will start paying a dividend for the first time and buy back as much as $4 billion in stock as the advertising market recovers.
Freescale Semiconductor Inc. , the chipmaker partly owned by Blackstone Group LP, plans to raise $1.15 billion in what would be the biggest initial share sale by a U.S. technology company since Google Inc. went public in 2004.
Credit-default swaps on News Corp. are the highest on record relative to its media peers as Standard & Poor’s says it may cut the publisher’s bond rating because of risks associated with the phone-hacking scandal.