05-14-2017, 07:38 AM
Apple Inc. AAPL, +0.86% said it issued $7 billion in corporate bonds, according to a Securities and Exchange Commission filing late Thursday. The tech giant said it issued $500 million in floating-rate bonds due in 2020, $750 million in floating-rate bonds due in 2022, $1 billion in 1.8% bonds due in 2020, $1 billion in 2.3% bonds due in 2022, $1.75 billion in 2.85% bonds due in 2024, and $2 billion in 3.2% bonds due in 2027. Apple has been using debt to pay shareholders while holding most of its $256 billion in cash overseas to avoid repatriation taxes. The company increased its shareholder-return program last week to $300 billion in concert with a quarterly earnings report that showed Apple added slightly more debt than cash in the quarter. Since Apple launched its shareholder-return program in 2012, its long-term debt has risen from zero to nearly $85 billion as of the end of last quarter.
Apple issues $7 billion in corporate bonds - MarketWatch
I’m fairly certain very few of you have heard of broker price opinions, or BPOs, but it’s something I think we should all become aware of given the influence of BPOs in the market for valuing residential real estate securitized bonds. Before we get to that, let’s revisit a little contemporary American robber baron history. In the immediate aftermath of the U.S. financial crisis, financial oligarchs immediately got to work helping Main Street climb out of the Wall Street created ditch by buying foreclosed homes from hordes of newly destitute Americans and then renting them back to those same people.
Are US Taxpayers Now On The Hook For Risky Wall Street Real-Estate-Backed Bonds? | Zero Hedge
Dissenters in the face of the relentless emerging-market rally are speaking out. A drop in oil prices and China’s crackdown on leverage -- spurring this month’s rout in industrial metals and iron ore -- is setting the stage for a correction in developing-country assets, according to a growing chorus of investors and analysts. While still in the minority, they warn a tide of capital inflows and a jump in bullish positions have left valuations at an inflated level after gains in emerging-market stocks, bonds and currencies this year.
This Is What Can Kill the Emerging Market Rally - Bloomberg
TThe allegations about how the Monaco-based agent Mino Raiola has earned £41m from all three parties involved in Paul Pogba’s move from Juventus to Manchester United broke over Fifa just as its ousted ethics committee chairmen were accusing it before the annual congress here of cutting their work off at the knees..
A recent study by the British Medical Journal found that those who stuck to closer to the Japanese dietary guidelines – a diet high in grains and vegetables, with moderate amounts of animal products and soy but minimal dairy and fruit – had a reduced risk of dying early and from heart disease or stroke. As their diet is traditionally high in soy and fish this may also play a significant role in this reduced risk of cardiovascular disease. The Japanese also have the lowest rates of obesity amongst men and women as well as long life expectancy.