Power Financial Corporation has announced: the applicable dividend rates for its Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series P (the “Series P shares”) and Non-Cumulative Floating Rate First Preferred Shares, Series Q (the “Series …
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TRP.PR.C To Reset To 4.501%; Interconvertible With TRP.PR.I
TC Energy Corporation has announced: that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 5 (Series 5 Shares) and Cumulative Redeemable First Preferred Shares, Series 6 …
December 31, 2025
The TXPR price index set a new 52-week high today of 696.71, a small jump beyond the old mark of 695.87 set 2025-12-30. PerpetualDiscounts now yield 5.61%, equivalent to 7.29% interest at the standard conversion …
December 24, 2025
The TXPR price index set a new 52-week high today of 694.48, edging the old mark of 694.34 set yesterday. PerpetualDiscounts now yield 5.63%, equivalent to 7.32% interest at the standard conversion factor of 1.3x. …
PWF.PR.P To Be Extended
Power Financial Corporation has announced (on 2025-12-2): that it does not intend to exercise its right to redeem all or part of the currently outstanding 9,657,516 Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series P …
December 17, 2025
The Boston Fed has published a Current Policy Perspective by Anat Bracha and Jenny Tang titled Shaping the Future of Work: Workers’ Optimism and Pessimism about AI: Key Takeaways: Only about 10% of survey respondents …
December 10, 2025
The Bank of Canada left the policy rate unchanged today: The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at …
DBRS: LB.PR.H On Review-Positive
DBRS has announced that it: placed the credit ratings of Laurentian Bank of Canada (LBC or the Bank), including the Bank’s Long-Term Issuer Rating of BBB, Under Review with Positive Implications. This credit rating action …
December 3, 2025
PerpetualDiscounts now yield 5.59%, equivalent to 7.27% interest at the standard conversion factor of 1.3x. Long corporates yielded 4.84% on 2025-12-03, so the pre-tax interest-equivalent spread (in this context, the “Seniority Spread”) has narrowed sharply …
LB To Be Acquired, Maybe; LB.PR.H To Remain Outstanding
Laurentian Bank of Canada has announced: a significant acceleration of its 2024 Strategic Plan toward its specialty commercial bank model, resulting in its exit from the retail and SME banking business. This transformation will position …