Hope, fear and wonder as a new market opens
The good, the bad and the illiquid
Schneider plugs into a wider market
Ford: seeking benchmark status
Lafarge: the need for good timing
For bondholders, utility companies are a little like gold. They offer a stable flow of cash, something which is often difficult to find in other sectors, and an attractive alternative for investors eager to diversify their portfolios away from cyclical industries.
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