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Below are press releases from companys with preferred stock and/or baby bonds outstanding or just news of a general interest. Ellington Financial Announces Redemption of its Series E Preferred Stock Enstar Shareholders Overwhelmingly Approve Sixth Stre…

Well we have seen quite a move higher in equities overnight as the elections appear to be settled. With the higher equities we have interest rates moving sharply higher as well. We all know that by the end of the day we can have a vastly different scen…

Below are headlines from companys that have preferred stock and baby bonds outstanding or just news of general interest. Enstar Group Limited Announces Quarterly Preference Share Dividends American Financial Group, Inc. Announces Third Quarter Results…

Today is the day that we finally begin to put the elections to bed–of course we know it will drag out a few days beyond today. As some have mentioned this is mostly just ‘noise’–which I believe to be the case. The election will end and we will go abo…

Below are headlines from companys with preferred stock and baby bonds outstanding–or just news of general interest. UMH PROPERTIES, INC. SURPASSES 1,000 SELF-STORAGE UNITS Diana Shipping Inc. Announces Successful US$25 Million Tap Issue Armada Hoffler…

Sound Point Meridian (SPMC) a newer closed end fund and owner of CLOs has announced a new issue of term preferred stock with a redemption date of in 2029. I am not familiar with the company which just completed their IPO in the last few months. I will…

After once again being forced to take giant write offs and sell assets of the company to stay afloat Bryant Riley feels ‘personally sick’! I wonder how he thinks the common share holders and debt holders feel after being lead down the primrose path wit…

Finally election week is here and it can’t come soon enough–I have had my fill of political ads. Last week the S&P500 continued to move lower as it had the week before–last week by about 1.4% versus 1% the previous week. With many, if not most of…

Below are headlines from companies with preferred stock and baby bonds outstanding–and just news of a general interest. Lincoln Financial Reports 2024 Third Quarter Results Great Elm Capital Corp. Announces Third Quarter 2024 Financial Results Mortgag…

I’ve been watching markets today and each time one might think we will get a bounce it is short lived–lots of folks wanting to hit the exits today–at least in common stocks. Let’s face it–no one knows exactly what is sending share prices lower–simp…

Below are press releases from company’s with preferred stock and/or baby bonds outstanding–or just news of general interest. Navient posts third quarter 2024 financial results Pending Home Sales Advanced 7.4% in September Compass Diversified Reports Th…

Here we go! A critical piece to the interest rate puzzle will be released in a short time–the 1st read on gross domestic product (GDP). The final forecast from the Atlanta Fed’s GDPNow tool is for a 2.8% growth rate which is a drop of 1/2% since last…