FOX Translator

Detach

No data currently available.

No data currently available.

Collateralized Debt Obligation

Welcome to the major leagues of debt. Collateralized debt obligations, almost always referred to as a CDOs, are horrendously complicated deals that often leave anyone without a MBA wondering what was put into these CDOs.

The first thing to understand about bonds, (aka debt) is that bonds are often backed by something else. Think about your home mortgage. If you don't pay your mortgage, the bank can take the house. You end up homeless, and the bank sells the house to pay off the rest of that mortgage. There is something "backing" that mortgage; something lender can fall back on, if you don't pay your bills like a good human being. That's called collateral.

CDOs are one flavor of an entire sector of investing called structured finance, and they are also backed. CDOs, in the simplest concept, are just bonds backed by something else. In most cases, a CDO is backed by a collection of various types of debt. CDOs can be home mortgages, or other types of debt like credit cards, auto loans, and personal loans. Most of these types of debt are usually considered a bit more risky and they don't have the backing that a home loan does. So, if you think it through, you can imagine that CDOs are usually considered a risky investment.

To take a step further, understand that CDOs have multiple flavors within each CDO. These flavors are called tranches. If you've taken French, you might recognize the word, it means "slice" or "portion." Each slice of that CDO you invest in is a little different and carries different amounts of risk.

You could invest in the lowest risk tranche of the CDO, which would provide you lower risk. But, you don't get a good return on that investment. Or, you can be the heroic adventurer of bonds and invest in the lowest-grade tranche of the CDO. You'll make an amazing return, but if the economy even looks at you wrong, you might lose the entire investment.

CDOs aren¿t easy, and are almost always invested in by mutual funds, insurance companies and hedge funds. As an individual investor, you will probably not come across a CDO you can participate in.

Home / Markets / Industries / Technology

Omniture to Present at Investor Conferences

 
Comtex
 

OREM, UT, May 07, 2008 (MARKET WIRE via COMTEX News Network) ----Omniture, Inc. (NASDAQ: OMTR), a leading provider of online business optimization software, today announced that the company will be participating in the following events with the financial community. Live webcasts of each presentation will be available to the public on the Investor Relations section of the company's Web site at www.omtr.com. Archived replays will be available for approximately two weeks following each event.

 R.W. Baird 2008 Growth Stock Conference WHO: Mike Herring, Omniture
   CFO WHAT: Speaking at the R.W. Baird 2008 Growth Stock Conference WHEN: Tuesday, May 13, 2008 - 2:55 p.m. Eastern Time WHERE:
   Four Seasons Hotel, Chicago, Illinois Seventh Annual JMP Securities Research Conference WHO: Mike Herring, Omniture CFO WHAT:
   Speaking at the Seventh Annual JMP Securities Research Conference WHEN: Monday, May 19, 2008 - 2:00 p.m. Eastern Time WHERE:
   The Ritz Carlton Hotel, San Francisco, California JPMorgan 36th Annual Technology Conference WHO: Mike Herring, Omniture CFO
   WHAT: Speaking at the JPMorgan 36th Annual Technology Conference WHEN: Wednesday, May 21, 2008 - 10:00 a.m. Eastern Time WHERE:
   Westin Boston Waterfront, Boston, Massachusetts 

About Omniture

Omniture, Inc. is a leading provider of online business optimization software, enabling customers to manage and enhance online, offline and multi-channel business initiatives. Omniture's software, which it hosts and delivers to its customers as an on-demand subscription service and on-premise solution, enables customers to capture, store and analyze information generated by their Web sites and other sources and to gain critical business insights into the performance and efficiency of marketing and sales initiatives and other business processes. In addition, Omniture offers a range of professional services that complement its online services, including implementation, best practices, consulting, customer support and user training through Omniture University(TM). Omniture's 4,500 customers include eBay, AOL, Wal-Mart, Gannett, Microsoft, Neiman Marcus, Oracle, General Motors, Sony and HP. www.omniture.com

   Omniture Press Contact: Blake Stowell 801.722.0115 Email Contact Investor Relations Contact: Mike Look 650.450.1008 Email
   Contact 

SOURCE: Omniture

http://www2.marketwire.com/mw/emailprcntct?id=2241D93385E5EB6F http://www2.marketwire.com/mw/emailprcntct?id=3A58751B38ADC8CE
   
Copyright 2008 Market Wire, All rights reserved.
 

Market Snapshot

Symbol Last Price Netchange Volume
-- -- -- --
-- -- -- --
-- -- -- --
-- -- -- --
-- -- -- --