BP, Verizon Lead $17 Billion of Bonds as Confidence Recovers

Written by administrator on October 28th, 2011

BP, Verizon Lead $ 17 Billion of Bonds as Confidence Recovers
News from Bloomberg:

Oct. 27 (Bloomberg) — BP Plc (BP), Verizon Communications Inc. (VZ) and Morgan Stanley (MS) are leading borrowers selling at least $ 17 billion of debt today as Europe’s leaders instill confidence into credit markets that drained in August and September.

BP, operator of the Macondo well in the
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Related News:

Verizon Stock Riding Wireless Wave To $ 43.50
News from Forbes:

Verizon recently announced its Q3 earnings which received a boost from better-than-expected postpaid wireless subscriber additions. While rival AT&T added more new wireless customers in total (2.1 million versus Verizon’s 1.3 million), Verizon landed almost triple the number of more lucrative postpaid customers. However, the total number of iPhone sales proved to be a dampener of sorts as the carrier could activate only 2 million units compared to the 2.7 million AT&T managed to last quarter. The carrier’s wireline segment grew sequentially on the back of solid gains in its consumer and business segments.

Sluggish Wireless Growth

According to a recent report, the number of wireles…………… continues on Forbes
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Nokia X2 Prepaid Phone (T-Mobile)
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