Below are some press releases from company’s which have preferred stock or baby bonds outstanding–or other news of general interest. Saratoga Investment Corp. to Report Fiscal Third Quarter 2023 Financial Results and Hold Conference Call PS Business P…
This is just a note for those that don’t read my ‘headlines of interest’–more particular headlines last night. Annuity provider American Equity Investment (AEL) rejected an unsolicited buy out offer from Elliot Management. The article is here. I don’t…
Equity futures are up darned near 1% this morning–maybe we will get a little Santa Claus rally going into the end of the year. The last few weeks have been a little tough for stocks so it wouldn’t be a huge surprise to get a little retracement for the…
Below are some press releases from company’s with preferred stock or baby bonds outstanding – as well as general news of interest. Dime Community Bancshares Declares Quarterly Cash Dividend for Common Stock Fulton Financial Corporation Announces Q…
Pennsylvania Real Estate Trust (PEI) has been notified their 3 preferreds are being delisted from the NYSE. They will likely begin trading on the OTC market soon. Shares of the 3 issues have been trading in the $3/share area. The mall owner has been li…
For those that have holdings in the Uhaul Investors Club they have some new rates coming in the next week or two. The new rates will be – The new rates are about 1% higher than the current rates. The new prospectus is here. Further information on this…
Yesterday the 10 year treasury yield rose by 10 basis points from the close last Friday to 3.58% and once again this morning yield is up by 8 basis points to 3.66% This is a significant move if it holds, but of course who knows where we end. Preferreds…
Below are some press releases from company’s which have preferred stock or baby bonds outstanding–also of just general interest. GasLog Partners LP Announces that Unitholders Remain Unaffected by U.S. Internal Revenue Service Regulations Effective Jan…
Homebuilder sentiment took a tumble on the most recent reading – a reading of 31 against an expectation of 34 and a previous reading of 33. This is the lowest confidence level since 2012. My personal observation is we are not seeing much employment eff…
Well it is that time again – time for up and down and down and up. My question is have investors and traders finally accepted that there is more upside to the Fed Funds Rate or not? Last week the S&P500 moved lower by just over 2% last week from th…
Time to wrap this week up. It looks like the indexes are likely heading lower again today with the S&P500 futures down about 1% right now. Yesterdays S&P tumble of 2.5% was quite brutal and it appears maybe for the 1st time investors are accept…
Below are some press releases from company’s that have preferred stock or baby bonds outstanding–or general news of interest. Mortgage Rates Continue their Downward Trajectory Urstadt Biddle Properties Inc. Announces Quarterly Dividends on Class A Com…