Word: yield
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...tried to set up a large video site that does capture revenue. Hulu.com only has high-end TV and films. There are commercials that run on every program. But, a number of the advertisements running at Hulu now are free public service spots. The yield for the content owners is, in some cases, next to nothing...
...against losses on the bonds. All told, Bank of America wrote CDS contracts worth $20 million based on the debts of as many as 75 companies. Add the fees from the insurance contracts to the interest Strata was already receiving on its collateral and voila you get an annual yield for the bond of 4.93%, or more than double the actual bonds Strata held...
...Strata's case there is no stack. Instead, BofA imagined it had invested $1 billion in the bonds of 75 different companies, and then pretended that Strata wrote insurance against a $20 billion slice. BofA bankers placed Strata toward the bottom, in order to justify its relatively high yield...
...what is Strata worth today? Certainly not the original $20 million it's investors paid for it. According to research firm Markit, the average CDO tied to mortgage bonds lost half its value last year. CDOs based on corporate bonds have performed better. However, Strata sold insurance against high-yield corporate bonds, and those will be the first corporate debts to go bad if the economy gets worse. Indeed, one of the companies in Strata's bond pool, Hawaii Telcom Communications, recently filed for bankruptcy. In mid-January, Moody's put Strata on its list of bonds it was thinking...
...billion stimulus bill. Nelson won't provide an exact number of Senators involved in these talks, coyly trying to avoid yet another gang label. (Enterprising reporters have counted conferees going in - there are 18, including six Republicans.) The talks dragged on well into Thursday evening, and they could yield a legislative victory for Obama as early as today in the Senate. (Read "How to Spend a Trillion Dollars...