Below are some press releases from companies with preferred stock and/or baby bonds outstanding. Slow news day today. Pyxis Tankers Announces Financial Results for the Three Months Ended September 30, 2023 Chicken Soup for the Soul Entertainment Announ…
Disclosure–I own this security and am ‘talking my book’ here. Not a recommendation as each investor determines their own risk/reward demands. I am trying to figure out what I am missing with Bridgewater Bancorp (BWB), the smallish Minnesota bank that…
Well here we go again–a new week!! The S&P500 rose by 2.2% last week–no doubt a super week for common stock owners Actually a great week for common and preferred share holders. The 10 year treasury yield closed last week at 4.44% which was about…
At 5 a.m. (central) the 10 year treasury is trading with a yield of 4.38%–I expected this level to be hit, but not until next year. These falling rates have certainly been profitable for income investors this week and it is hard to argue with green in…
Pyxis Tankers Announces Date for the Release of the Third Quarter 2023 Results and Related Conference Call & Webcast Embassy Bancorp, Inc. Announces Results of Operations as of and for the Three and Nine Months ended September 30, 2023 SL Green Rea…
I have pondered for a while adding a ‘guest writer’ to the website. I know we have many writers (or as Seeking Alpha) calls them ‘analysts’ on the website and I would be happy to let them contribute to the site. I would limit the guest article to once…
After 2 days of inflation data and sharply falling interest rates it would appear that we will have some quiet markets for Thursday and Friday–we do have tons of Fed yakkers and they will probably speak the ‘party line’–‘while inflation is improving…
Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Gaming and Leisure Properties Announces Pricing of $400,000,000 of 6.750% Senior Notes Due 2033 Stifel Declares Quarterly Common Stock…
Yesterday I bought a small position in the CHS CHSCN 7.1% reset rate preferred @ $25.30. More than I really wanted to pay given that the issue is redeemable starting in March, 2024. I am kind of trusting this won’t be called as they seem to be lackadai…
Actually there is little to no chance that we will replay yesterday, but we do have the producer price index (PPI) being released in 2 hours. After yesterdays near 2% gain in the S&P500 today is looking tamer – the futures are up about 1/3-1/2%. Th…
Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Fatburger Announces Six New Texan Locations Safe Bulkers, Inc. Announces Sale of a 2004-built Panamax Class Dry-bulk Vessel Brookfield…