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| BondsOnline.com: instant access to and extensive coverage of over 3.5 million stocks, bonds, indexes and other securities covering major and emerging markets and exchanges across the globe. |
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| Bonds Online |
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| 5/10/2013Market Performance |
| Municipal Bonds |
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S&P National Bond Index
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3.00% |
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S&P California Bond Index
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2.96% |
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S&P New York Bond Index
|
3.13% |
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S&P National 0-5 Year Municipal Bond Index
|
0.70% |
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| S&P/BGCantor US Treasury Bond |
400.09 |
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| Income Equities: |
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| Preferred Stocks |
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S&P U.S. Preferred Stock Index
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848.03 |
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S&P U.S. Preferred Stock Index (CAD)
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636.26 |
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S&P U.S. Preferred Stock Index (TR)
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1,701.05 |
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S&P U.S. Preferred Stock Index (TR) (CAD)
|
1,276.26 |
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| REITs |
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S&P REIT Index
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174.07 |
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S&P REIT Index (TR)
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425.30 |
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| MLPs |
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S&P MLP Index
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2,469.58 |
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S&P MLP Index (TR)
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5,428.50 |
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See Data
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HOW TO PLAY IT: Navigating through the AMR bankruptcy |
REUTERS - Dec. 2, 2011 - By David K. Randall
The Issue: The parent company of American Airlines , filed for Chapter 11 bankruptcy on Tuesday. But there are still airline industry investing opportunities.
Dec 1 (Reuters)- A combination of high fuel prices, a loss of business travelers to competitors and labor costs that were $800 million more per year than its rivals brought American Airlines -- the only major U.S. airline that had not previously declared bankruptcy -- to its knees.
Because American enters into bankruptcy with a stockpile of cash -- $4.1 billion -- and has said it can still buy new aircraft from Boeing and Airbus, the company could reemerge as a strong competitor by the end of 2012, says Jeff Kauffman, an analyst at Stern Agee.
But in the meantime, one company's bankruptcy spells opportunity for others to profit. Here is an investment strategy to gain while AMR operates in bankruptcy.
BUY BENEFITING COMPETITORS
American will likely cut services on unprofitable routes. And fewer available seats mean that prices could edge up, giving American's competitors more room to lift profit.
Craig Hodges, a fund manager with $700 million in assets under management at Hodges Capital, expects American to reduce its presence at highly-competitive airports like Chicago O'Hare and San Francisco International.
United Continental Holdings stands to benefit the most because it goes head-to-head with American in those well-traveled markets.
"You're starting to see some business come back in the business traveler segment, and that's going to help United Continental become very profitable," he said.
Savanthi Syth, an airline analyst at Raymond James, expects American to pull back on its routes to the Caribbean and Latin America from its Miami hub. That could benefit JetBlue , which has made a big push into the region but currently offers 6.3 million seats in the region compared with 11.2 million for American. If American pulls back, a good chunk of market share could be up for grabs.
For the complete article.
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Income Security Recommendation January 2013 Issue.
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