Morgan Stanley , the sixth-largest U.S. bank by assets, plans to sell $1.5 billion of notes as U.S. financial debt overcomes foreclosure investigations and slumping trading revenue to outperform overall corporate securities.
BP Plc ’s $3.5 billion bond sale generated a profit of about $54 million for fixed-income investors as the energy company returned to the debt market for the first time since a rig explosion caused the largest offshore U.S. oil spill in history.
Ford Motor Co., the second-largest U.S. automaker, tomorrow may report that first-quarter profit slid by almost half as earnings in North America couldn’t overcome losses in the automaker’s international operations.
FTI Consulting Inc. , the West Palm Beach, Florida-based provider of forensic accounting services, is marketing debt as yields on speculative-grade company bonds have fallen to the lowest in more than four months.
General Motors Co. Chief Executive Officer Ed Whitacre intends to announce on April 21 that GM has repaid the remaining $5.8 billion in loans from the U.S. and Canada, a person with direct knowledge of the plans said.