Wall Street Journal Archives - ׶Ƶ Know More. Risk Better.® Thu, 25 Jan 2024 18:08:07 +0000 en-US hourly 1 /wp-content/uploads/cropped-favicon-512x512-1-32x32.png Wall Street Journal Archives - ׶Ƶ 32 32 Insurers Rake In Profits as Customers Pay Soaring Premiums https://www.wsj.com/finance/insurance-companies-profits-stock-ebae7fd1#new_tab Thu, 25 Jan 2024 18:08:07 +0000 /?p=17435 The pain for home- and auto-insurance customers is quickly becoming investors’ gain. Insurance giants’ shares and profits are hitting records, thanks in part to steep rate hikes. Shares of Travelers...

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The pain for home- and auto-insurance customers is quickly becoming investors’ gain. Insurance giants’ shares and profits are hitting records, thanks in part to steep rate hikes.

Shares of Travelers TRV 0.00% increase; green up pointing triangle, a bellwether for the property and casualty sector, closed at an all-time high earlier this week, up 35% from their lows last fall. The jump came after the company reported a record profit for its fourth quarter, boosted by double-digit rate increases in its business and personal insurance units.

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China’s Country Garden was given a second chance to make a bond payment. It failed. https://www.wsj.com/finance/chinas-country-garden-was-given-a-second-chance-to-make-a-bond-payment-it-failed-57cf66a7?mod=hp_lead_pos4#new_tab Tue, 31 Oct 2023 14:28:29 +0000 /?p=15324 China’s yearslong property slowdown has claimed another victim.

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China’s yearslong property slowdown has claimed another victim.

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China’s Country Garden succumbs to debt crisis after sales plunge https://www.wsj.com/finance/chinas-country-garden-succumbs-to-debt-crisis-after-sales-drop-84c85a79?mod=djemalertNEWS#new_tab Tue, 17 Oct 2023 19:11:33 +0000 /?p=14937 Chinese property giant Country Garden failed to make an international debt payment and warned that it is unlikely to pay off all of its international debt obligations.  

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Chinese property giant Country Garden failed to make an international debt payment and warned that it is unlikely to pay off all of its international debt obligations.

 

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China Evergrande shares jump as trade resumes https://www.wsj.com/finance/stocks/china-evergrande-groups-shares-rise-after-resuming-trade-468c0eea#new_tab Tue, 17 Oct 2023 18:02:08 +0000 /?p=14925 China Evergrande Group’s shares rose sharply as trading in the beleagured property developer resumed.  

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China Evergrande Group’s shares rose sharply as trading in the beleagured property developer resumed.

 

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Chinese corporate bonds are sending a surprising message about the economy https://www.wsj.com/finance/investing/everyone-is-bearish-on-chinaexcept-bond-investors-5bfefc84#new_tab Thu, 14 Sep 2023 14:35:36 +0000 /?p=14345 Spreads on dollar bonds issued by many Chinese companies remain relatively stable even as economists lower their growth projections for China.

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Spreads on dollar bonds issued by many Chinese companies remain relatively stable even as economists lower their growth projections for China.

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Country Garden, China’s largest surviving developer, sinks into debt crisis https://www.wsj.com/articles/country-garden-chinas-largest-surviving-developer-sinks-into-debt-crisis-2a525173#new_tab Thu, 10 Aug 2023 16:22:32 +0000 /?p=13788 Country Garden Holdings, a 31-year-old property developer that had been lauded by China’s authorities as a model for others, missed interest payments on two U.S. dollar bonds, marking a new...

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Country Garden Holdings, a 31-year-old property developer that had been lauded by China’s authorities as a model for others, missed interest payments on two U.S. dollar bonds, marking a new stage of distress for the country’s real-estate market.

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China’s housing troubles derail a developer’s comeback https://www.wsj.com/articles/chinas-housing-troubles-derail-a-developers-comeback-4786300?mod=panda_wsj_author_alert#new_tab Mon, 31 Jul 2023 19:57:31 +0000 /?p=13625 Growing pessimism about China’s housing market is dragging down the country’s largest surviving developer, which is again struggling to convince investors that it can weather the storm.

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Growing pessimism about China’s housing market is dragging down the country’s largest surviving developer, which is again struggling to convince investors that it can weather the storm.

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There were runs on banks, not on insurers. Here’s why. https://www.wsj.com/articles/there-were-runs-on-banks-not-on-insurers-heres-why-c9eea5f0?mod=Searchresults_pos1&page=1#new_tab Tue, 30 May 2023 15:16:23 +0000 /?p=13147 “The risk of a run on a leading life insurer is remote,” said Josh Esterov of research-firm ׶Ƶ.

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“The risk of a run on a leading life insurer is remote,” said Josh Esterov of research-firm ׶Ƶ.

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Credit Research Firm Calls Banking Crisis Overblown, Recommends Regional Bank Bonds https://www.wsj.com/livecoverage/stock-market-news-today-03-23-2023/card/credit-research-firm-calls-banking-crisis-overblown-recommends-regional-bank-bonds-90QCUnNxRaRWIJZfh5Ic#new_tab Thu, 23 Mar 2023 19:38:49 +0000 /?p=12294 Regional bank bonds are offering investors a “once-in-a-decade buying opportunity,” according to research firm ׶Ƶ. Along with their shares, the bonds of regional banks have been hit hard since Silicon...

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Regional bank bonds are offering investors a “once-in-a-decade buying opportunity,” according to research firm ׶Ƶ.
Along with their shares, the bonds of regional banks have been hit hard since Silicon Valley Bank’s collapse about two weeks ago.

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Frackers Flush With Cash Shed Huge Debt Loads https://www.wsj.com/articles/frackers-flush-with-cash-shed-huge-debt-loads-11673419141?reflink=share_mobilewebshare#new_tab Wed, 11 Jan 2023 15:58:10 +0000 /?p=11082 Because shale companies have focused on debt reduction as the priority for the substantial cash flow generated in 2022, most don’t need to issue new debt to refinance and have...

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Because shale companies have focused on debt reduction as the priority for the substantial cash flow generated in 2022, most don’t need to issue new debt to refinance and have limited exposure to rising interest rates, said Charles Johnston, a senior analyst at credit research firm ׶Ƶ.

The U.S. high-yield energy bond index has shrunk by about 25% since 2021 to $157 billion, according to ׶Ƶ, largely thanks to issuers’ improving balance sheets.

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