Apple (NASDAQ:AAPL) sold $17 billion in bonds on Tuesday — something InvestorPlace contributor Marc Bastow says is great for the company, but not so great for investors. As he put it: “Apple has no reason not to tap the debt market. It’s cost-effective and practical.”
JCPenney (NYSE:JCP), which recently kicked CEO Ron Johnson to the curb, will receive a $1.75 billion, five-year senior secured loan from Goldman Sachs (NYSE:GS). That comes on the heels of the news that George Soros has nearly an 8% stake in the struggling retailer.
Herbalife (NYSE:HLF) posted a 17% improvement in revenue and an earnings beat in the most recent quarter, while also raising its full-year profit forecast. That helped it post double-digit gains over the last week. Still, Jeff Reeves says to stay away.
Twitter co-founder Jack Dorsey said the social media company is not even thinking about a public offering at this point. According to IPO Playbook writer Tom Taulli, though, “showing anti-IPO sentiment is the cool thing nowadays.”
Pitney Bowes (NYSE:PBI) slid nearly 16% yesterday after posting not-so-hot Q1 numbers and cutting its dividend. It’s still in the black year-to-date, which Marc Bastow says is all the more reason why investors should cut and run if there’s still profits to be taken. He even tagged Pitney Bowes as a company that would not survive through 2020!
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For more videos — including exclusive access to full-length interviews and early access to weekly updates — like us on Facebook or follow us on Twitter. As of this writing, Alyssa Oursler did not hold a position in any of the aforementioned securities. Follow her on Twitter: @alyssaoursler.