Saratoga Investment Corporation (SAR) has announced a new offering of baby bonds with a maturity date in 2027. The business development company (BDC) has 1 other issue current outstanding with a 6% coupon and a maturity in 2027 as well. This issue is t…
Equities are calm this morning (at 5 am central) after a 1% up move yesterday–the S&P500 futures are up 6 points. Of course we know this can turn quickly. The 10 year treasury yield is up 5 basis points to the 4.05% area–unlike the last time yiel…
Below are some press releases from company’s that have preferred stock or baby bonds outstanding. GasLog Partners LP Announces Date for Third-Quarter 2022 Results, Conference and Webcast Wintrust Financial Corporation Reports Third Quarter 2022 Results…
Everyone has their goals for their investing—and every single one has their beliefs on how to attain their goals. My goals are simple–I would like to attain a 7% annual return by buying a blend of investment grade preferred stocks and bonds with som…
The futures markets are up over 1% at 6 a.m. central after a strong showing on Monday. Each time equities bounce strongly the discussion by all the ‘smart folks’ is about the ‘bottom is in’. Of course this discussion has been happening for a month and…
Below are some press releases from company’s that have preferred stock or baby bonds outstanding. Valley National Bancorp to Announce Third Quarter 2022 Earnings Harbor Custom Development, Inc., CEO Shares Construction Video Update on Six Multifamily P…
All rally’s now are looked at suspiciously as nothing has really changed for a few days–the UK has rearranged the deck chairs a bit and we had the Empire State manufacturing index come in pretty soft–maybe that is all we need for a relief rally. My a…
The S&P500 fell by 1.6% last week.–but trading was in a very wide range of 3492 to 3712. Futures are up strongly this morning as the UK markets are tame and major U.S. banks are reporting solid numbes. The 10 year treasury also moved in a fairly w…
Wow–I sure picked some doozy days to be out of the office. Unfortunately preferred stocks and baby bonds didn’t mirror common equities yesterday–my accounts hit a low for the year. Today we have many of the big banks reporting earnings and this will…
Well all the whining about the economy is slowing rapidly and the Fed needs to back off is all meaningless with the release of hot CPI numbers just now. The rally in markets instantly turned down–so about a 700 Dow point swing (from 300 up to 400 down…
2 hours before the release of the CPI for September markets are firm with the S&P futures up by about 1/2%. The 10 year treasury yield has dropped a bit to 3.88% which is down 2 basis points from yesterdays close. Of course these numbers mean nothi…
Below are press releases from company’s that have preferred stock or baby bonds outstanding. FTAI Infrastructure Inc. Announces Timing of Third Quarter Earnings and Conference Call Green Brick Partners, Inc. Announces Dates For 8-K Filing and Earnings…