Shelly Lombard, Gimme Credit

Ford Motor Company (F) - Shelly Lombard at Gimme Credit

"Ford's advantage over GM could be the new normal," said Shelly Lombard, a debt analyst for more than two decades who is now at Gimme Credit LLC in New York. 

General Motors Company - Shelly Lombard at Gimme Credit

Both triumphs came when strikes idled GM, which has been No. 1 in U. S annual sales since 1931. "Ford's advantage over GM could be the new normal," said Shelly Lombard, a debt analyst for more than two decades who is now at Gimme Credit LLC in New York. 

General Motors Company - Shelly Lombard at Gimme Credit

Both triumphs came when strikes idled Detroit based GM, which has been No. 1 in U.S annual sales since 1931. "Ford's advantage over GM could be the new normal," said Shelly Lombard, a debt analyst for more than two decades who is now at Gimme Credit LLC in New York. 

Ford Motor Company (F) - Shelly Lombard at Gimme Credit

"Ford's advantage over GM could be the new normal," said Shelly Lombard, a debt analyst for more than two decades who is now at Gimme Credit LLC in New York. 

McClatchy Company (MNI) - Shelly Lombard at Gimme Credit

It was paying 7125 percent interest on $166 million due in 2011 and 1575 percent on $24 million due in 2014 Overall, the refinancing is a positive for McClatchy despite the high cost of borrowing, said Shelly Lombard, an analyst with Gimme Credit She said the company would have struggled to pay off the $166 million due next year But she said the McClatchy's stock is likely to remain volatile because of the uncertain long range outlook for newspapers, which continue to lose advertising dollars to competition on the Web "This stock is going to be a cha cha," she said 

McClatchy Company (MNI) - Shelly Lombard at Gimme Credit

It was paying 7125 percent interest on $166 million due in 2011 and 1575 percent on $24 million due in 2014 Overall, the refinancing is a positive for McClatchy despite the high cost of borrowing, said Shelly Lombard, an analyst with Gimme Credit She said the company would have struggled to pay off the $166 million due next year But she said the McClatchy's stock is likely to remain volatile because of the uncertain long range outlook for newspapers, which continue to lose advertising dollars to competition on the Web "This stock is going to be a cha cha," she said 

McClatchy Company (MNI) - Shelly Lombard at Gimme Credit

The publisher of the Miami Herald and Charlotte Observer announced the plan during its earnings call last week, while reporting a fourth quarter 2009 profit of 30 cents a share, reversing a loss from the year before McClatchy ( MNI , news , people ) would avoid the $1 billion in debt coming due next year by using the cash from the bond sale to refinance and extend the terms of its bank debt as well as buy back bonds The move would push the bulk of that $1 billion burden to 2013 and beyond, but the newspaper publisher is shuffling debts, not shedding them "This refinancing delays a financial crisis until probably 2013 when most of the remaining bank debt is now due," wrote Shelly Lombard, analyst at debt research firm Gimme Credit, in a recent report The problem is that the print advertising newspapers rely on for the bulk of revenue keeps falling 

Ford Motor Company (F) - Shelly Lombard at Gimme Credit

All of Ford's geographic regions reported pretax automotive income for the quarter, including $707 million for North America, where shrinking market share throughout the past decade hammered the automaker on its home turf as it offered discounts to bolster volumes "Gone are the days when people joked that Ford stood for ‘fix or repair daily,'" Shelly Lombard, a debt analyst for New York based researcher Gimme Credit LLC, wrote in a note 

McClatchy Company (MNI) - Shelly Lombard at Gimme Credit

Since worries over an impending bankruptcy began to fade in late July, McClatchy's shares have soared 563% Despite the response to Pruitt's talk and cost cutting, McClatchy's advertising sales continue to slide, just at a slower pace Ads are expected to drop around 25% in the fourth quarter, versus 28% in the previous quarter In a recent note, Shelly Lombard, analyst at Gimme Credit, said the slide won't end with an economic recovery Cost cutting can only take it so far 

Clear Channel Communications, Inc. - Shelly Lombard at Gimme Credit

Liquidity enhancements from the debt sale, and improving asset coverage for its bank loans, however, may make its lenders more amenable to restructuring its still high debt load, analysts said Clear Channel said on Monday it sold $25 billion in new bonds from its Clear Channel Outdoor ( CCON ) unit, up from an originally planned $750 million, and would use proceeds to repay around $2 billion Clear Channel Outdoor owed its parent Concerns that the company could breach covenants in the loan and struggle to pay near term debt maturities had risen ahead of the sale A breach of its covenants would have left Clear Channel at the mercy of its lenders, who could have tried to push it into bankruptcy as a means of taking control of the company Now, "it appears that the company will avoid a year end leverage covenant violation," Shelly Lombard, analyst at Gimme Credit said in a report