To no one's surprise, investors are enthusiastic about buying debt from a very profitable large-cap with $145B in cash/investments and (currently) no debt. Apple's (AAPL) plans to borrow (and thereby avoid paying taxes on offshore cash) to help pursue its goal of returning $100B to shareholders by the end of 2015 has already led many institutions to express interest, and S&P and Moody's to respectively assign ratings of AA+ and Aa1. Some think Apple, whose rates will likely be well below the 3% dividend yield now offered by its stock, could raise over $50B.
To no one's surprise, investors are enthusiastic about buying debt from a very profitable...
From other sites
Video at CNBC.com (Fri, 8:52AM)
Video at CNBC.com (Fri, 6:54AM)
Video at CNBC.com (Thu, 10:16AM)
Video at CNBC.com (Thu, 6:39AM)
Video at CNBC.com (Thu, 6:00AM)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs