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Headlines of Interest

Below are some press releases from company’s with preferred stock or baby bonds outstanding–or other news of general interest.

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Valley National Bancorp To Announce First Quarter 2023 Earnings

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Energy Transfer Announces First Quarter 2023 Earnings Release and Earnings Call Timing

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Chicken Soup for the Soul Entertainment Signs Free Ad-Supported Streaming Television (FAST) Channel Deals With Fremantle, Revry, and Love Stories TV

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Global Partners Announces Cash Distributions on Series A and B Preferred Units

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Schwab Reports Strong First Quarter Results

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Customers Bancorp to Report First Quarter 2023 Earnings

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Sterling Bancorp, Inc. to Announce First Quarter 2023 Financial Results on Monday, May 1, 2023

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State Street Reports First-Quarter 2023 Financial Results

M&T BANK CORPORATION ANNOUNCES FIRST QUARTER RESULTS

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CNB Financial Corporation Reports First Quarter 2023 Results

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Two Harbors Investment Corp. Announces Earnings Release and Conference Call for First Quarter 2023 Financial Results

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OFS Credit Company Announces Results of Stockholder Elections for the Distribution for the Fiscal Quarter Ending April 30, 2023

6 thoughts on “Headlines of Interest”

      1. We all know what an inverted yield curve is. I’ve been in the bond business since 1982.

        Heres the line…… The fed funds curve is now almost completely NEGATIVELY inverted.

        So is a negatively inverted yield curve….. Is that a mirror opposite… A normally sloped YC?

        In general I just skip things that don’t make sense but they site Bloomberg so….

        1. Thanks for explaining what you were questioning… I figured it couldn’t be as simple as that, especially coming from you, but what the heck, it was a good reference to post anyway…. ha

    1. Scroll down the page on 10 Year Treasury Note and look for something that looks like a line drawing of a wine bottle on its side…or a crocodile…or a gar fish…or the head of a mallard…depending on your imagination. The top curve is inverted. The bottom one (last year) is not. What inversion “means” is debatable. Consult your favorite guru for deeper insights.

      Personally, I look at the yield curve as a shape-shifting question, not an answer. Should I keep my money in a 4.4% money market fund where the rate can change daily? Or put my money in a 6 month T-bill and get 5% for a while? Or put my money out for 10 years and get 3.6%?

      The shape of the curve shifts daily, The answers may vary depending on the accuracy of your crystal ball. “Nothing’s quite as sure as change.” – 60’s song lyric.

      10 Year Treasury Note
      https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx&mod=home-page

  1. I went with the GLP bonds a couple months ago should of also did the preferred. They are doing good.

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