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Well just an hour to go and we have another round of economic news (the CPI) that will more than likely send markets straight up or straight down–or if we are super lucky markets will do nothing at all–low odds of that happening. Markets are expectin…

Below are press releases from company’s with preferred stock or baby bonds outstanding–or just general news of interest. Great Elm Group Reports Fiscal 2023 Second Quarter Financial Results Vornado Announces Fourth Quarter 2022 Financial Results Kite R…

The S&P500 ended the week down just over 1% –trading in a range of 4060 to 4176–about a 3% range. We didn’t really have any massively important economic data, but we had the chief Fed yakker Powell in a Q&A at the Washington Economics Club on…

After January and the tremendous gains most of us experienced these ‘red’ days, which while not severe, are chipping away at some of those profits. I guess we won’t have 5-10% gains every month (big surprise). The S&P500 futures are off just over 1…

Below are press releases from company’s with preferred stock or baby bonds outstanding–or just general news of interest.  Mortgage Rates Increase Slightly Diana Shipping Inc. Announces the Date for the 2022 Fourth Quarter and Year-End Financial Re…

Most that read the comments section already know that Brookfield Reinsurance has agreed to purchase Argo Group Holdings (ARGO) which has a baby bond and a preferred stock issue outstanding. Argo has had plenty of financial issues in the last year and p…

Below are press releases from company’s with preferred stock or baby bonds outstanding–or just general news of interest. GAMCO (Gabelli) Investors, Inc. (“GAMI”) Reports Results for the Fourth Quarter and Year Ended December 31, 2022 NewtekOne, Inc. to…

I know it is really, really tough–I want to blast bunches of the politicians–from both sides of the aisle, BUT we all know where these ‘conversations’ end up taking us. I have removed a few comments this week–and pondered removing a few others (and…

A quick note since I missed this one a day or two ago–fortunately J caught it and posted it this morning. Regional banker Associated Banc-Corp (ASB) has sold a new offering of baby bonds (subordinated notes) The prospectus is here. The summary pricing…

As noted by 2whiteroses in the Reader Alert comments RILY has dropped 10% today on a short seller report. I had noted many, many times that RILY held portfolios of real junk–and of course recently we have seen some of their investments go bad (cryto m…

Well we had Fed Chair Powell in a Q&A at the Economic Club of Washington yesterday and I thought his answers were very balanced–some leaning dovish and some leaning hawkish–in the end my perception was that there was nothing new. This was one of…

Below are press releases from company’s with preferred stock or baby bonds outstanding–or just general news of interest. NewtekOne Raises $20 Million in Sale of Convertible Series A Preferred Stock to Patriot Financial Partners IV, L.P. Prospect Capita…