Yesterday we had consumer prices (CPI) released and they were pretty much right on forecast. After the release interest rates fell–moving from the 4.42% area down to 4.36%–a somewhat normal reaction to good news (if hitting the forecast is good news)…
Below are press releases from companys with preferred stock and/or baby bonds outstanding–or just news of general interest. Navient declares fourth quarter common stock dividend Old National Bancorp Announces Quarterly Dividends Safe Bulkers, Inc. Repo…
In a interesting deal it has just been announced that Charter Communications (CHTR) will acquire Liberty Broadband (LBRDA). The deal will not include the GCI Communications business which is an operating division of Liberty Broadband. Liberty Broadband…
Below are press releases from companys with preferred stock and/or baby bonds outstanding–or just news of general interest. Atlanticus Announces Approval of Quarterly Preferred Stock Dividend NGL Energy Partners LP Announces Second Quarter Fiscal 2025…
After a day without trading the bond market is falling with the yield on the 10 year treasury popping higher to be trading at 4.37% right now. Tomorrow and Thursday we have both the consumer price index (CPI) and producer price index (PPI) being releas…
Below are press releases from companys with preferred stock and/or baby bonds outstanding–or just news of general interest. VERY LITTLE NEWS TODAY–A HOLIDAY. Great Elm Group Reports Fiscal 2025 First Quarter Financial Results SiriusPoint Announces Ch…
While the DJIA is up a fair amount the rest of the market appears to be digesting the giant gains from last week. Of course with the bond market closed equity markets tend to be a little quieter. Quiet is good as far as I am concerned–then I just coll…
What a week! The S&P500 lifted off on Tuesday and never locked back all week long. The index closed up 4.7% on the week and now is at all time highs. The 10 year treasury backed off from the high of the week of 4.47% all the way back down to a clos…
While I don’t see many ‘bargains’ out there in shorter dated maturities I did add to one of my current holdings today to help me toward my 7% goal (and you can be certain 7% will be plenty difficult in the next year). I doubled up my position in the Mi…
Below are press releases from companys with preferred stock and/or baby bonds outstanding–or just news of general interest. Valley National Bancorp Announces Proposed Common Stock Offering Midland States Bancorp, Inc. Announces Common Stock and Prefer…
As some have noted in comments giant ag cooperative CHS Inc. released their earnings for the year ending 8/31/2024 yesterday. As I mentioned a time or two a few months ago I was expecting the company to have soft results–but in the case of CHS this me…
Now that we have the elections mostly behind us we can move on to the regular topics such as interest rates. The 10 year treasury remains higher and now is yielding around 4.44%. Just like equity prices interest rates remained higher all day yesterday…