(Repeats to fix typo in lead paragraph) NEW YORK, June 28 (Reuters) - Players in the credit derivatives market are not particularly well positioned to profit from the growing trend of companies enriching shareholders at the expense of bondholders, an analyst said on Tuesday. More and more companies this year will buy back shares or boost dividends, which tends to depress credit quality in a lasting way, said Gregory Peters, head of credit research at Morgan Stanley, during an interview ...
Premium Content (PAID Subscription Required)
"RPT-US CREDIT-More trouble seen from share buybacks" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.