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Many have noticed that once a comment is made the comment takes too long to post – just spins for 5-30 seconds before posting. Some time ago in an effort to ‘retain history’ I set things up so that comments would never be eliminated–some folks like to…

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. Park Hotels & Resorts Inc. Announces Cessation of Payment on $725 Million Non-Rec…

With a giant boost t the indexes on Friday, the S&P500 able to close with a about a 2% gain on Friday. The index is now just over 1% off of a 52 week high—all of this in the face of never ending chatter of the impending recession on the horizon….

The super strong employment numbers today with 339,000 new jobs versus a forecast of 190,000 are certainly being well received by equities–the S&P500 is up 1.25%. The unemployment rate shot up to 3.7% versus 3.4% last month. Interest rates have bo…

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. Healthcare Realty Trust Announces Stock Repurchase Authorization Ready Capital Corpor…

I post the investor presentations as I come across them. Banker Enterprise Financial (EFSC) posted a investor presentation on 5/15/2023 which I just perused. EFSC is a smaller bank holding company with about $13 billion in assets–they have operations…

Markets are fairly muted this morning on the passage of the debt ceiling deal approved last night in the house of representatives. Passage certainly brought together plenty of strange ‘bedfellows’ as both sides of the aisle came together for the deal….

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. AMMO, Inc. Announces Fourth Quarter and Fiscal Year 2023 Earnings Call Ready Capital…

Today I went ahead and added more shares to a couple of banking issues. I added some shares of the Heartland Financial 7% fixed rate reset perpetual (HTLFP) with a current yield of 7.65%. I had a position in this issue already so this is a modest addit…

A million times we have all heard ‘it’s a marathon, not a sprint’—ugh I have heard this way too much, but it does pretty well describe the last 20 years of my more than 52 years of investing. Unfortunately most of us start the race sprinting, before…

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 Sotherly Hotels Inc. Announces Special Preferred Dividend Payable in July TEN Ltd. to…

Equity markets are trading in a tight range today–debt deal or no debt deal is the question. Certainly all sides will have a lot of yakking to do relative to the supposed ‘deal’. It is surprising to see the 10 year treasury yield dropping by 12 basis…