Home>R.R. Donnelley n Sons Company RRD Q4 2011 Earnings Call Transcript
R.R. Donnelley n Sons Company RRD Q4 2011 Earnings Call Transcript
Earnings Call Transcripts by Morningstar Inc.
Wed, 22 Feb 2012
Welcome to the R.R. Donnelley Fourth Quarter 2011 Results Conference Call. My name is Sandra and I will be your operator for today's call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session.
With yield spreads back to pre-crisis levels, there is less room for error in the high-yield market today, says Morningstar director of fixed-income research Eric Jacobson.