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Below are press releases from companies with preferred stock and baby bonds outstanding. Additionally, news of a more macro economic importance may be posted. Earnings season is over for now and not much news is being posted by company’s that are of in…

I plan to continue to do a little buying this week—I certainly need to do some buying as the cash stash has built up recently with recently matured CD’s—and more is to come as the Wintrust and UMB Financial preferreds are set to be redeemed in a we…

This week we’ll see what markets think of the Federal budget bill that was passed and signed over the holiday. I don’t think we can predict how markets will react–although the equity futures, at this moment (8 pm central), are pointing lower by about…

July 03, 2025 16:07 ET | Source: Triumph Financial, Inc. Triumph Announces Schedule for Second Quarter 2025 Earnings Release and Conference Call July 03, 2025 12:00 ET | Source: Freddie Mac Heading into the Holiday Weekend…

Who is right and who is wrong? ADP showed a very soft employment picture yesterday while today the bureau of labor statistics shows a firm amount of hiring – in particular in state and local governments. Seems like the economy is holding up. We saw a l…

A few folks have had issues posting comments and getting through the Spam filter software–I have pulled recent posts from the filters and ‘approved as NOT spam’. I am not certain why this happening and am trying a few tweaks to correct the issue. I wi…

Below are press releases from companies with preferred stock and baby bonds outstanding. Additionally, news of a more macro economic importance may be posted. Earnings season is over for now and not much news is being posted by company’s that are of in…

Investment firm Sixth Street has completed their acquisition of insurance company Enstar. Along with the announcement of the merger completion comes the official announcement that the 2 Enstar non cumulative preferreds will be delisted. This delisted w…

I’ve been looking all week for a buy of a perpetual preferred and finally pulled the trigger on a ‘safe’ issue this morning. I added to my GAMCO (Gabelli) Gold and Natural Resources 5% perpetual (GGN-B) @ . Current yield is 6.12% and the asset coverage…

Below are press releases from companies with preferred stock and baby bonds outstanding. Additionally, news of a more macro economic importance may be posted. Earnings season is over for now and not much news is being posted by company’s that are of in…

mREIT New York Mortgage Trust (NYMT) priced their new baby bond offering as expected at 9.875%. This is their 3rd baby bond issue and will trade in the next weeks or so. The issue becomes callable 10/1/2027 and matures 10/30/2030. The pricing term shee…

Below are press releases from companies with preferred stock and baby bonds outstanding. Additionally, news of a more macro economic importance may be posted. Earnings season is over for now and not much news is being posted by company’s that are of in…