Below are press releases from companies with preferred stock and baby bonds outstanding. Additionally, news of a more macro economic importance may be posted.
May 07, 2025 16:05 ET | Source: Teekay Tankers Ltd.
Teekay Tankers Ltd. Reports First Quarter 2025 Results and Declares Dividends
May 07, 2025 16:05 ET | Source: Saratoga Investment Corp
Saratoga Investment Corp. Announces 2025 Fiscal Year and Fourth Quarter Financial Result
May 07, 2025 16:05 ET | Source: Armada Hoffler Properties, Inc.
Armada Hoffler Reports First Quarter 2025 Results
May 07, 2025 16:05 ET | Source: Teekay Corporation
Teekay Corporation Ltd. First Quarter 2025 Business Update; and Declares a Special Dividend
May 07, 2025 16:10 ET | Source: Compass Diversified Holdings
May 07, 2025 12:00 ET | Source: FAT Brands Inc.
FAT Brands to Announce First Quarter 2025 Financial Results On May 8, 2025
May 07, 2025 11:47 ET | Source: Brunswick Corporation
Brunswick Corporation Declares Quarterly Dividend
May 07, 2025 07:36 ET | Source: Costamare Bulkers Holdings Limited
Costamare Bulkers Holdings Limited Debuts as Independent, Publicly Traded Company
Is anyone long CODI-A or CODI-C?
Trying to assess if this is a good buying opp or some real trouble.
Mseni, Just my opinion and I owned at one time because they bought several of our local companies. I sold out because it seemed like they bought some companies that were bad investments and they sold some of their more profitable companies. My impression only, I thought management benefited more than the stock holders. They have issued several preferred at higher rates and no indication they intend to call any. Quantum doesn’t list any update on if they plan to switch from LIBOR to SOFR on the fixed to floating preferred B
You need to do your own due diligence.
Thanks, Charles. I have owned numerous issues of their preferreds on and off for quite a while, and currently have exposure to CODI-C which is cumulative. It looks like CODI has 9 different subsidiaries. The issue is Lugano, which seems like one of the largest revenue drivers.
I added some more to the C’s to lower my basis. But an 11.75% I consider this an extremely speculative buy. I am hoping for some encouraging comments from management to calm the markets down.
CODI Yikes!! Good thing I dumped my shares a few weeks ago.