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Stock impact report

Stock Fire Sales of the Crisis Era Haunt Equity Bulls [Yahoo! Finance News]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
) -- With the biggest buyer all but ejected from the market, the prospect that a torrent of stock sales is about to be unleashed by cash-strapped companies is sowing anxiety for investors who remember the financial crisis.While things have changed since those days, particularly in credit markets, secondary offerings are popping up among distressed firms, including United Airlines Holdings Inc., which raised $1 billion. Combined with a seize-up in buybacks, it adds to concern about something that many believe has been a major support for the market over the years -- that it’s shrinking.A repeat of the crisis blueprint isn’t unambiguously bad, of course. For all the dilution they create, stock sales are better than the alternative when you’re running out of money. It’s important to note that the surged 23% during the biggest year ever for equity sales, 2009. But the possibility that a wave of equity is coming is a consideration for bulls trying to figure out if the rebound has staying Show less Read more
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