Home

Below are press releases from companys with preferred stock and/or baby bonds outstanding–or just news of general interest. CVB Financial Corp. Reports Earnings for the Fourth Quarter and the Year Ended 2023 Raymond James Financial Reports Fiscal Firs…

The S&P Global PMI was released 90 minutes ago and it makes for good economic reading. The link is here.

Atlanticus Holdings Corporation (ATLC) has announced they will be selling a new issue of baby bonds with a maturity date in 2029. The company has a preferred issue outstanding as well as a baby bond already–they are here. The company will be able to r…

mREIT AG Mortgage Investment Trust (MITT) has priced their previously announced baby bond. The issue priced at a lofty 9.50% for 1.2 million shares (bonds)–there is a provision for 180,000 over allotment shares. Egan-Jones rates the issue BBB-. The is…

Below are headlines from companys with preferred stock and/or baby bonds outstanding–or just news of general interest. Atlantic Union Bankshares Reports Fourth Quarter and Full Year Financial Results Triumph Financial Releases Fourth Quarter 2023 Fina…

I noted this morning that I sold my Enterprise Financial (EFSC) 5% perpetual yesterday afternoon–I got lucky as I sold right at or near the high of the day on a limit order. I recognized about a total of 15% gain which included a couple of dividends….

Giant net lease REIT Realty Income (O) has registered new preferred shares which have come about because of their acquisition of Spirit Realty. Spirit had a 6% perpetual preferred issue outstanding which Realty Income has essentially replaced with a ne…

Mortgage REIT AG Mortgage Investment Trust (MITT) has announced a new issuance of senior notes with a maturity date in 2029. There will be an early redemption available to the company starting in Feb. 2026. The issue will trade under ticker MITN on the…

Recent trading in equities (of all sorts) has been about as rock solid as we have seen in recent years. The movements in equity prices have been in spite of movements higher in interest rates. The 10 year treasury is trading at 4.13%—up from 3.79% ab…

Below are press releases from companys with preferred stock and/or baby bonds outstanding–or just news of general interest. Capital Bancorp, Inc. Reports Fourth Quarter 2023 Net Income of $9.0 million, or $0.65 per share Dynagas LNG Partners LP Declar…

Plenty of news out there today to add a little excitement to the day. As usual all the folks on the website are on top of the news—mostly found in the Readers Alert Section. You can always count on someone to be right on top of the news–crowd source…

Here we go with another week with all indexes trading at or near record highs. Tech stocks continue to lead the way so the NASDAQ has been really flying–up 1.7%. These tech stocks are the big driver of the S&P500 so it has been drug higher and hig…