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Puerto Rico's Default Hurts Local Investors The Most
Monday, May 2, 2016 - 1:06pm | 332Read More...Things keep going from bad to worse in debt-swamped Puerto Rico. The island nation missed yet another round of debt payments on Monday, and many investors are concerned about the ultimate impact of a financial collapse in Puerto Rico. In a new interview with WNYC, Puerto Rico Clearinghouse’s...
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Here's Why Pacific Ethanol Gained 6% On Tuesday
Tuesday, March 1, 2016 - 3:54pm | 148Read More...Shares of Pacific Ethanol Inc (NASDAQ: PEIX), a marketer of low-carbon renewable fuels, gained more than 6 percent on Tuesday after the company announced that it has successfully retired $17 million of debt. Pacific Ethanol noted that it has paid in cash $17.0 million to fully retire the...
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Morgan Stanley Likes Investment Grade Credit, Says Valuations 'Rarely Cheaper'
Tuesday, February 9, 2016 - 2:34pm | 295Read More...In a new report, Morgan Stanley analyst Adam Richmond discussed the firm’s new bullish take on investment grade (IG) credit. According to Richmond, the potential for a U.S. recession has already been priced into many IG valuations, making them a compelling risk/reward opportunity for...
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Crown Castle Proposed $5.5 Billion Senior Unsecured Credit Facility
Tuesday, January 12, 2016 - 1:36pm | 137Read More...Shares of Crown Castle International Corp (NYSE: CCI), a real estate investment trust company, were trading slightly higher by 0.1 percent at $83.77 early Tuesday afternoon. Crown Castle announced after Monday's market close that it has received a commitment from a group of lenders for a...
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How To Rebuild Your Credit Before Turning 45
Monday, December 21, 2015 - 11:55am | 701Read More...According to the United States Department of Justice, "[T]he ages of 25–44 are the peak years for filing bankruptcy. People between the ages of 45 and 59 file at about the rate that would be expected by their proportion in the population at large." In other words, those who file bankruptcy...
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Dear Millennials: Money Can't Buy Happiness, But Debt Could Lead To Unhappiness
Sunday, November 8, 2015 - 1:17pm | 908Read More...The adage "money can't buy happiness" has been debated, researched and tested many times over. And while the prevailing opinion is that the axiom is true, the conversation continues, fueled by studies that seem to confirm that material wealth does influence a person and a society's sense of well-...
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Dormant Debt Epidemic Leaves Afflicted Financially Unprepared
Saturday, October 17, 2015 - 11:27am | 631Read More...There is a debt plague affecting the nation. Forty million Americans are burdened by this strain of debt and a colossal $1.2 trillion drained because of it. The epidemic is growing. Over the last decade, there has been a 325 percent increase in documented cases. While the contagion is in and of...
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The True Cost Of Millennials' Debt
Sunday, August 16, 2015 - 5:20pm | 955Read More...There are plenty of difficult financial waters to navigate in young adulthood, but unfortunately, a growing number of Americans are shouldering a massive debt burden that is quite literally changing the way they live their lives. The latest data shows that debt is a top concern for members of the...
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Can Income Share Agreements End The Student Debt Argument?
Thursday, August 6, 2015 - 3:19pm | 375Read More...One of the major issues in the 2016 presidential campaign is the quickly rising costs of earning a university degree. Student debt figures are staggering, and many are concerned that the bubble is about to burst as loan repayments are becoming more and more impossible for American graduates. One...
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Moody's Lowers Outlook On Amazon To Negative, Affirms Debt At Baa1
Monday, December 1, 2014 - 11:59am | 190Read More...The rating agency Moody's lowered its outlook on Amazon.com, Inc. (NASDAQ: AMZN) on Monday to Negative from Stable while affirming its senior unsecured rating at Baa1. According to the rating agency, the change in outlook stemmed from the company's announcement that it will issue a "sizeable" but...
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Cate Long On The Next Big Question In Detroit Bankruptcy
Friday, October 3, 2014 - 2:03pm | 336Read More...Cate Long is the founder of Puerto Rico Clearinghouse, an independent research and analysis platform for bondholders. Long is also also a financial blogger, and she recently joined Benzinga’s #PreMarket Prep to talk about the next big question in Detroit’s bankruptcy. Overall,...
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7 Tips To Help Pay Off Debt More Quickly
Tuesday, August 5, 2014 - 4:19pm | 634Read More...The typical American has some unpaid credit cards, medical bills and other kinds of debt. Even those who consider themselves relatively debt-free probably have mortgages, car loans or student loans outstanding. No surprise, then, that millions of Americans are constantly looking for new ways to...
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4 Good Reasons To Go Into Debt
Friday, August 1, 2014 - 10:02am | 588Read More...Americans have always been a bit debt-averse. To get the average citizen ranting you only need mention the national debt and how it has climbed over the years. However, the popular perception of debt, while it has its merits, is not always right. There may be little nuance in the way people on...
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Doug Kass: 7 Important Bubbles In Our Current Market
Friday, May 9, 2014 - 10:02am | 832Read More...Aptly-named financial bubbles can disappear just as quickly as they form. Seabreeze Partners Management Inc. President Doug Kass was a special guest on Benzinga's #PreMarket Prep, and he talked about where he thinks the biggest bubbles are right now. Depending on your point of view, Kass said,...
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How To Deal With A Collections Agency
Monday, July 29, 2013 - 2:58pm | 561Read More...While Benzinga mostly covers actionable trading ideas and news stories, we've decided to delve a bit deeper into personal finance. The team at Benzinga would like to assist readers with not just their investing endeavors, but their financial lives as a whole. And today, we continue this effort...












