Earnings: More economic insight from Morgan Stanley and BofA?
By JJ Kinahan From Seeking Alpha Summary More big banks will be riding the early-earnings train again next week when Morgan Stanley and Bank of America let Wall Street know just how tough their Q4s played out. MS already has…
Icahn: Junk Bonds ‘Getting to be a bubble’
By Dan Weil From Moneynews The Barclays U.S. Corporate High Yield bond index has plunged 3.1 percent so far this month, and this may be the beginning of a burst for the junk bond bubble, says legendary investor Carl Icahn….
SEC Adopts Credit-Rating Reforms
By Jenna Greene, The National Law Journal A divided U.S. Securities and Exchange Commission last week adopted new rules for credit-rating agencies, stepping up review and disclosure requirements and adding safeguards to prevent sales and marketing considerations from influencing the…