Below are press releases from companies with preferred stock and baby bonds outstanding. Additionally, news of a more macro economic importance may be posted
CTO Realty Growth Reports Fourth Quarter and Full Year 2024 Operating Results
FTAI Aviation Audit Committee Completes Independent Review, Expects to File 10-K Timely
Lincoln National Corporation’s Board of Directors Declares Quarterly Cash Dividend
Hudson Pacific Properties Reports Fourth Quarter 2024 Financial Results
Dynex Capital, Inc. Increases Monthly Common Stock Dividend
AM Best Affirms Credit Ratings of Equitable Holdings, Inc. and Its Subsidiaries
Allstate Announces January 2025 Catastrophe Losses and Policies in Force
Eagle Point Credit Company Inc. Announces Fourth Quarter and Year-End 2024 Financial Results
Eagle Point Income Reports Earnings
DigitalBridge Reports Fourth Quarter and Full Year 2024 Financial Results
FTAI audit info (above) should be a positive for them- NOT- off 5.59% now.
Crazy
Gary,
The above link was posted at 6:00 a.m. yesterday – before the open. Today’s drop comes on the heels of yesterday’s 14.4% rise. It’s still up from before the announcement, but as of this post it’s down almost 11%, so it’s giving back most of yesterday’s gains
ECC running with scissors. Asset coverage meets requirements but losses and leverage increasing along with issuing more common stock and more perpetual preferred stock at ATM that has a conversion clause. I haven’t seen this talked about that much. In the conference call analysts questioned increased commissions to sell these perpetual convertible preferred. I am not that expert at reading these releases. Earnings down and yields down on loans are to be expected with falling rates and competition in the loan market.
DBRG +14% on earnings.