JPMorgan to Purchase Debt and 1 Dow Mover to Know Now

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Intel Corporation’s (NASDAQ:INTC) legal disputes with Advanced Micro Devices (NYSE:AMD) aside, a number of private-equity executives have said that the latter would be a “very, very difficult” firm for private equity to buy, according to Fortune. The fact that consumers are trending away from desktops does not particularly trouble the persons responding, but there is a problem with the more than $2 billion in debt that AMD has on its balance sheet along with significant earnings volatility and negative earnings before taxes, interest, depreciation and amortization.

Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.

JPMorgan Chase & Co. (NYSE:JPM), as underwriter for the State of New Jersey’s $2.6 billion notes, will acquire any amount of unsold debt from the state’s tax-and-revenue anticipation note deal set to price on Thursday, say bond documents, according to Bloomberg.

Don’t Miss: These 4 Mega Banks Weigh in on the Fiscal Cliff.

More Articles About:

To contact the reporter on this story: To contact the editor responsible for this story:

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business