Printer Friendly
The Free Library
19,604,538 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Axios Advisors Launches First-Ever Dedicated Research Service on Tobacco-Settlement Bonds.


Business Editors

FRAMINGHAM, Mass.--(BUSINESS WIRE)--March 17, 2003

AXIOS ADVISORS, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 (www.axiosadvisors.com) today announced the launch of the first-ever research service dedicated to the growing tobacco settlement bond sector.

Tobacco settlement bonds are municipal issues backed by the $206 billion settlement between States and the cigarette manufacturers. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 industry sources, about $20 billion have been issued over the past two years and another $20 billion are expected to come to market over the next three years, making this one of the fastest growing sectors of the tax-exempt market.

The new "Tobacco Bond Advisor" service from Axios will initially consist of the following components: (1) in-depth research reports on all major tobacco settlement issues; (2) research coverage of the Big Four tobacco companies primarily responsible for the tobacco settlement payments; and (3) weekly newsletters addressing sector strategy, recent litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 news and relative value recommendations. The service will be available on a subscription basis to bond investors, dealers, issuers, fund managers and other industry participants starting March 17, 2003.

"With the increasing distribution of these issues into retail hands" says Triet Nguyen, President of Axios Advisors, "we believe there is a growing need for objective, independent credit research on these very complex bond structures, and not only from investors. Because there is still a fair amount of misunderstanding about the risks involved in these credits, the broker-dealer Broker-Dealer

A person or firm in the business of buying and selling securities operating as both a broker and dealer depending on the transaction.

Notes:
Technically, a broker is only an agent who executes orders on behalf of clients, whereas a dealer acts as a principal
 community can now add to its due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired.  instead of relying solely on underwriters' research. Going forward, as States look to enhance the basic security for these bonds in order to lower borrowing costs, the underlying credit analysis will grow in complexity".

Axios also has under development an analytical analytical, analytic

pertaining to or emanating from analysis.


analytical control
control of confounding by analysis of the results of a trial or test.
 module that will allow users to project the average life of turbo TURBO A clinical trial–The Ultrasound Removal of Blood Clots in Vein Grafts  redemption maturities, to be offered later this year to institutional buyers as a premium service.

About Axios Advisors, LLC

Axios Advisors, LLC is an independent research service specializing in municipal and corporate bonds. Our analysts average more than 20 years of institutional experience spanning both research and portfolio management. Axios offers issue-specific in-depth analysis, along with clear trading recommendations, on topical topical /top·i·cal/ (top´i-k'l) pertaining to a particular area, as a topical antiinfective applied to a certain area of the skin and affecting only the area to which it is applied.

top·i·cal
adj.
 "story bonds" within the municipal and corporate sectors. For more information, contact us at research@axiosadvisors.com or call 508-620-0172.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Mar 17, 2003
Words:371
Previous Article:Siboney Corporation Announces Odd Lot Buy Back Offer.
Next Article:Gannett Co., Inc. and MediaNews Group Announce New Partnership.



Related Articles
B.E. 100s Growth by Design.
USE TOBACCO FUNDS TO BOOST HEALTH - CAO.
BATTLE LOOMS OVER MAYOR'S NEW BUDGET MANY ISSUES 'CONTENTIOUS'.
SCANDAL BAILOUT PAY RAMPART SETTLEMENTS WITH TOBACCO FUNDS: MAYOR.
COUNTY TO USE TOBACCO FUNDS ON HEALTH CARE.
Up in smoke.
States cap amounts of appeal bonds.
Up in smoke.
Tobacco money well used, not abused: states have spent billions of dollars on health-related services. Even so, they are being criticized for using...

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles