Jefferies Group Inc. , the New York- based securities firm that specializes in mid-sized companies, named Michael Anderson a managing director in its global equity capital markets group.
Global Geophysical Services Inc., the provider of seismic data for the energy industry, plans to sell bonds as investor demand keeps pace with rising issuance of high-yield, high-risk debt.
Near the confluence of the Merced and San Joaquin rivers, the heart of the California farm belt, Bob Kelley watches the driest year ever erode water supplies and prospects for the dairy business his family began in 1910.
Cedar Fair Entertainment Co. , the operator of amusement parks, is marketing debt as investors pull the most money out of mutual funds specializing in high-yield, high-risk debt in five years.
Junk-loan borrowings in the U.S. have exceeded the record set before the financial crisis amid unprecedented demand for the floating-rate debt.
Investors betting that the lowest rungs of the U.S. junk-bond market will continue to deliver superior returns may be disappointed, according to Citigroup Inc. credit strategists.
"What a difference a day makes."
- Michael Anderson on Oct 21, 2014