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Below are press releases from companys with preferred stock and/or baby bonds outstanding–or just news of general interest.  Until earnings season gets rolling in the next few weeks news will be slow. Armada Hoffler Completes Successful Disposition of…

I’ve been doing some ‘due diligence’ on the Gabelli family of closed end funds and thought I would remind those looking for an ultra safe dividend that is in some cases right close to 6%, CEFs have to have a minimum asset coverage ratio of 200% on thei…

F&G Annuities and Life (FG) has announced they will be selling a new baby bond with a maturity date way out in 2065. The issue will have an early call available to the company in January, 2030. The company does have an optional deferral period avai…

Last week with the New Years holiday the S&P500 didn’t move much from the previous Friday–closing down by about 1/2%. The weekly range was only about 2%. The 10 year treasury continued to drift lower falling 5 basis points on the week to close at…

I have mentioned many times recently that I am going to scrutinize economic data closely for the next few months–or maybe all year long. There are times when we are in a very ‘Goldilocks’ environment when one can skip the intense look at data–I don’t…

Studying the B Riley (RILY) situation tonight and noticed they were supposed to have a NASDAQ filing made by 12/5/2024 relative to a plan of getting financial statements up to date–wow we are almost a month past that date and ‘crickets’. The company h…

Below are press releases from companys with preferred stock and/or baby bonds outstanding–or just news of general interest.  Until earnings season gets rolling in the next few weeks news will be slow. ARMOUR Residential REIT, Inc. Confirms January 2025…

Folks don’t seem to know if they should buy or sell—or maybe we just have some folks that rode their 2024 capital gains into the new year so they could postpone some taxes for a year. Equities started off strong and then around 11:20 a.m. (central) d…

Yesterday was quiet around our place–not that we were out late on New Years Eve because I was in bed by 9:30 p.m., but just because there were no plans of any type and I am not a real sports fan anymore so all the bowl games held little attraction. So…

Markets are red today–but generally it is a very orderly red move. The S&P500 is down about 1/2%, but has been trading at this level for a few hours. Seems that the ‘traders’ are fighting over nickels and dimes–all the real buying and selling is…

So as we approach 2025 it is time for some changes to the website–paid for with the generous donations of all you folks–of course I am extremely grateful for the financial help. Some of the changes won’t be noticeable by readers/users as they are sma…

News is always slow until earnings season, but today (and likely tomorrow) are incredibly slow–I think everyone has taken an extending holiday.  SiriusPoint Announces Full Repurchase of CM Bermuda Shares Arbor Realty Trust Declares Preferred Stock Divi…