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| Economy |
| S&P assigns junk rating to Twitter's debt; Outlook is stable |
| 2014-11-14 |
| [CNBC] Standard & Poor's assigned a junk rating to Twitter's debt on Thursday, saying the company had a "fair" risk profile. S&P's unsolicited rating of "BB-" is three notches below investment grade. The company sold $1.8 billion worth of convertible notes in September. S&P holds a "stable" outlook on the social media firm as it expects it "to experience very strong growth and not encounter a significant increase in competitive pressure," the ratings agency said in a note. Twitter shares closed down nearly 5.9 percent Thursday. Twitter's 1 percent Sept. 15, 2021 convertible note was last trading at 90.4272, down 0.8 percent from Wednesday's close. "We could raise the rating if Twitter broadens its revenue sources through international expansion and new product launches, maintains its market position, continues to improve its profitability, and achieves positive and sustained discretionary cash flow in excess of $100 million in 2016," the note said. |
| Posted by:Fred |
| #9 I've never twitted, but I've seen the records of some excellent conversations between scientists discussing some recent development. Chat would have worked as well, I suppose. |
| Posted by: James 2014-11-14 18:47 |
| #8 The best news sourcing is with Twitter. The finest intel minds are there. Facebook is more social networkey whereas twitter is more newsy. It's a good tool. |
| Posted by: newc 2014-11-14 15:47 |
| #7 I tweeted one time as I recall. I pretty much have given up on Facebook as the result of realizing that much of what gets posted on my FB site is posted by someone else--often their leanings are not mine. The constant monitoring of your "likes," etc. for whatever nefarious purposes is intrusive. However, I can think of a couple of positive aspects to FB. It is good for communicating with family as long as the postings are fairly innocuous and not particularly personal. FB and Twitter are not the best ways to communicate personal info with those who you care about. I do know of people who advertise their niche businesses on FB. |
| Posted by: JohnQC 2014-11-14 13:27 |
| #6 Simple is good, very good in fact. My simple mind finds great comfort in the simple life. The mysteries of the universe, higher math, and modern technology confound me. I'm better off dealing with Moslow's bottom two or three rungs. Every man must understand his limitations. |
| Posted by: Besoeker 2014-11-14 10:35 |
| #5 given that he can't share much about his work Then he can tweet disinformation. A good espionage tactic. |
| Posted by: Glenmore 2014-11-14 10:31 |
| #4 'only twits tweet' TW ? I didn't know that one, Besoeker. But given that he can't share much about his work, and how simple our personal lives are, I'm not sure what he'll have to broadcast. This was a retweet of a photo shared by the president of the University of Cincinnati, who is an enthusiastic tweeter. |
| Posted by: trailing wife 2014-11-14 10:25 |
| #3 Twitter is the antithesis to the observation - "It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt." - Mark Twain |
| Posted by: Procopius2k 2014-11-14 10:24 |
| #2 Did you playfully tell him.... 'only twits tweet' TW ? :-) |
| Posted by: Besoeker 2014-11-14 10:04 |
| #1 Mr. Wife made his first tweet last night, and then posted it to Facebook. Trailing daughter #1, who has her own devoted following, coached him through it. This suggests Twitter will soon go the way of Facebook -- very populated, but mostly not by the cool kids. Your call, dear Reader, on whether this is a good thing. |
| Posted by: trailing wife 2014-11-14 09:52 |