Home>Foot Locker, Inc. FL Q4 2011 Earnings Call Transcript
Foot Locker, Inc. FL Q4 2011 Earnings Call Transcript
Earnings Call Transcripts by Morningstar Inc.
Fri, 2 Mar 2012
Good morning ladies and gentlemen, and welcome to the Fourth Quarter 2011 Earnings Release Conference 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.
Morningstar associate director of fund analysis Miriam Sjoblom explains what drove municipal bonds' great performance in 2011 and what issues may lie ahead for muni investors.