So we have the FOMC meeting starting in a few hours, but leading on to the meeting we will have the consumer price index (CPI) released in less than an hour–the final piece to the puzzle before a interest rate hike/pause. Likely only a massive surpris…
It has been quite some time since we have seen issues with the quotes coming from Google–it used to be somewhat of a regular occurrence. Unfortunately issues are back with some missing quotes etc. I can’t do much at this time with these issues BUT if…
Below are press releases from companys with preferred stock and/or baby bonds outstanding–of just of general interest. With earnings season over news is more minimal. Brookfield Renewable to Acquire Duke Energy Renewables Ready Capital Announces Pricin…
The S&P500 moved higher once again last week–although it was a tough climb. The index moved up by just about .4%. We can be fairly certain that this ‘watching paint dry’ market will get somewhat crazier during the coming news heavy week. Interest…
Below are press releases from companys with preferred stock and/or baby bonds outstanding–of just of general interest. With earnings season over news is more minimal. Mortgage Rates Decline After a Three-Week Ascent Soluna Installs more than 14,600 Bit…
Yesterday I bought more than I have in a single day in the last couple of months. No I didn’t go ‘hog wild’, but added to 5 positions that I already had positions in and which I believe to offer the best relative ‘bargains’–although banking issues hav…
Jobless claims came in at 261,000 versus 235,000 expected – is this a little bit of a sign that the layoffs we have seen around the country are starting to bite a little bit? This is the higher number in around 20 months. We had speculated that jobs we…
Capital Southwest (CSWC) has priced their new offering of $25 baby bonds. The investment grade issue prices at 7.75%. They are selling 2.5 million shares (bonds) and 375,000 shares are available for over allotment. The issue will not trade OTC markets,…
Below are press releases from companys with preferred stock and/or baby bonds outstanding–of just of general interest. With earnings season over news is more minimal. Capital Southwest Corporation Announces Offering of Notes Ryman Hospitality Propertie…
BDC Capital Southwest (CSWC) has announced they will be selling a new issue of baby bonds with a maturity date in 2028. The company currently has no other exchange traded issues (preferred or baby bonds) outstanding–although they previously had some b…
Well we are back into the ‘wait and see’ markets with extremely quiet trading in both equities and interest rates. Yesterday the S&P500 moved in about a 1/2% range–closing up 1/4%. Interest rates moved in a 10 basis point range–closing flat on th…
Below are press releases from companys with preferred stock and/or baby bonds outstanding–of just of general interest. With earnings season over news is more minimal. Interpublic Prices Offering of $300 Million Aggregate Principal Amount of Senior Note…