Weekly Trade Round Up

30 Apr 2008

Ford Motor Co. loans and bonds popped up a point on Monday after Kirk Kerkorian’s investment company Tracinda Corp. announced its plans to bid for $20 million additional shares and despite first-quarter earning losses for American Axle & Manufacturing, only one of its bonds declined, while the other saw a slight pop.

Kerkorian Move Fuels Ford Bounce Back
Ford Motor Co. loans and bonds popped up a point on Monday after Kirk Kerkorian’s investment company Tracinda Corp. announced its plans to bid for $20 million additional shares boosting its stake to 5.6% from 4.7%.  Ford’s term loan “B” traded up ...

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