Home

While equities fell near 1/2% yesterday income issues got off to a green start as the 10 year treasury yield fell by 10 basis points to close the day at 3.79%. Yields are off another 10 basis points early today – 3.69%. The 10 basis point moves (up and…

Below are press releases from company’s with preferred stock or baby bonds outstanding–or just general news of interest. Arbor Realty Trust Declares Preferred Stock Dividends Great Elm Group Sells Durable Medical Equipment Business for $80 Million Ban…

The beauty of commenters–we have 1000’s of sets of eyes watching details of these types of things. ESW3 posted the note below in comments responding to an item in the Monday Morning Kickoff Tim, Stephen, all – There are a number of interesting aspects…

Just a reminder that the 3 preferred issues from Drive Shack (DS) as well as their common shares are delisted effective today. The company has been late filing their reports with the SEC lately and has had difficult financial times (for years). Common…

Time to get back to real life after too many holidays – at least for me. In Minnesota with snowy and cold weather, being inside for these days is not to my liking. On the other other hand if you are a skier (downhill or cross country) or a snow machine…

The Federal Agricultural Mortgage Corporation (AGM), also known as Farmer Mac, is a relatively large lender, primarily to the rural agricultural sector in the United States. This includes rural utilities (such as cooperatives like the one that supplies…

With something new comes confusion–I need to add more information to the donation page. Receipts coming from Paypal show donations to triplei201611_@_gmail.com. (remove the underscores) This is simply the email for the website. I will add this info so…

In the never ending story of contrasting economic signals the Chicago Purchasing Managers Index came in hotter than expected. The index came in at 44.9 versus expectations of 40 and last months reading of 37.2. Of course nothing moves in a straight lin…

Finally we get to put a wrap on this year–and to say I am ready for an end would be an understatement. This grind day in and day out has been exhausting and has created plenty of red in our preferreds and baby bonds. Of course it could have been worse…

Below are some press release from company’s which have preferred stock or baby bonds outstanding–or just general news of interest. News is fairly quiet in the week between the holidays. Bank OZK Announces Date for Fourth Quarter and Full Year 2022 Ear…

Once again the equity indexes are up pre-market as has been true for days–and each day equities sell off once the regular session opens. Certainly there are plenty of reasons to sell-not the least of which is tax loss selling and I suspect there is pl…

Below are some press releases from company’s with preferred stock or baby bonds outstanding–or other general news items of potential interest. News will be sparse this week being a short week between 2 holidays. Brookfield Business Partners Obtains Ex…