Category: Preferred
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MicroStrategy Buys Bitcoin After Adding Preferred Offering
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(Bloomberg) — MicroStrategy Inc. bought $101 million worth of Bitcoin after announcing it would use perpetual preferred stock as well as common stock and debt to acquire more of the cryptocurrency. Most read from Bloomberg The Tysons Corner, Virginia-based enterprise software company turned leveraged bitcoin dealer has been buying bitcoin…
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Fed’s preferred inflation gauge shows price increases fell in November
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The latest reading of the Fed’s preferred gauge of inflation showed price increases falling month-on-month in November, but remaining steady as the central bank struggles to bring inflation back to its 2% target. data, Released early Friday by the Bureau of Economic Analysis (BEA)This comes after the central bank cut…
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US Financial 15 Split Corp. Preferred Dividend Declared
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Article content TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — US Financial 15 Split Corp. (“US Financial 15”) declares a monthly dividend of $0.05883 per preferred share, or 10.00% per annum based on the net asset value at the end of the previous month. Distributions are payable on November 8, 2024…
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Goldman Sachs: EUR should now be the preferred funding currency over CHF and JPY
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Goldman Sachs suggests that the euro should now be considered the financing currency of choice, especially compared to the Swiss franc and Japanese yen, given current market conditions and expectations for the currency’s performance. Key points: The company uses its market systems framework to analyze forex performance based on return…
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Fed’s Bowman explains dissent. Says she would have preferred a smaller rate cut
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Fed’s Bowman explains dissent. Says she would have preferred a smaller rate cut
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Viridian Therapeutics Announces Pricing of Upsized Public Offering of Shares of Common Stock and Preferred Stock By Investing.com
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WALTHAM, Mass.–(BUSINESS WIRE)– Viridian Therapeutics (Nasdaq: VRDN), a biotechnology company focused on discovering and developing potential best-in-class medicines for the treatment of serious and rare diseases, today announced the pricing of an underwritten public offering of shares of its common stock and, in lieu of common stock for certain investors,…
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Fed’s Preferred Price Gauge to Reinforce Rate Cuts: Eco Week
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Breadcrumbs Path Links PMN Business Next week’s U.S. inflation figures will reinforce the fact that long-awaited interest rate cuts are coming soon, while a reading on consumer spending suggests the central bank has managed to keep the expansion intact. Article author: Bloomberg News Vince Juul and Andrew Langley Published on…
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Goldman Sachs Launches Preferred Stock ETF For High Income
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Stock market quote Goldman Sachs Asset Management Introduced a new preferred stock fund – its fifth fund for 2024. Goldman Sachs Axis U.S. Preferred Equity and Hybrid ETF (GPRF) It began trading on August 8, according to a company press release. The statement said that the GPRF Fund aims to…
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UBS upgrades China stocks to “most preferred” in Asia By Investing.com
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UBS said Chinese stocks were its top pick in Asia, with the firm forecasting strong single-digit returns by the end of 2024 on the back of improved earnings outlook and more policy support. UPS said China’s major internet companies are set to post stronger earnings, especially major e-commerce companies like…
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All eyes turn to the Fed’s preferred measure of inflation next
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US Core PCE Price Index YoY (%) Broader markets are looking for a respite today, and if they are to continue, they will need the next major US inflation indicator to play its part. So far, risk trades are feeling some relief today after a tough week. But can they…
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Week Ahead in FX (June 24 – 28): The Fed’s Preferred Inflation Measure & Global Inflation Updates
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Traders await a relatively less busy economic calendar with inflation updates from Japan, Canada and Australia taking the spotlight. Meanwhile, the US core PCE price index, the final GDP reading, and speeches from several FOMC members could encourage volatility between major dollar pairs. Before all that, ICYMI, I wrote a…
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NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units By Investing.com
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TULSA, Okla.–( BUSINESS WIRE )–NGL Energy Partners LP (NYSE:NGL) today announced that the Board of Directors of its general partner has declared a dividend for the fiscal quarter ending June 30, 2024 to its stockholders. The Partnership’s 12.511% cumulative Class B redeemable perpetual preferred units (Class B Preferred Units) and…
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Federal Reserve’s preferred inflation gauge eased last month for the first time in 2024
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WASHINGTON (AP) — The Federal Reserve’s closely watched price gauge fell slightly last month, a sign that inflation may be easing after rising in the first three months of this year. Friday’s report from the Commerce Department showed that prices, excluding volatile food and energy categories, rose 0.2% in the…
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Is Solana Becoming The Preferred Choice For Ethereum Developers? SOL’s Uptrend Suggests A Shift
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Since the collapse of trading companies like FTX in November 2022, the Solana blockchain has seen significant gains and regained investor confidence, with Ethereum developers increasingly migrating to it. According to a recent analysis by Jack Inabent, Senior Analyst at Bankless, with significant growth in key metrics and a year-to-date…