On November 24 I mentioned the tender offer for a big chunk of Talisman’s debt securities. Today they announced the pricing: Talisman Energy Inc. (the “Offeror”) announced today the pricing of its previously announced tender …
Search Results for: performance
December 9, 2015
Well, it looks like one source of PrefBlog entertainment is coming to an end … Sprott is on the verge of winning the battle for Gold Trust: Sprott Asset Management LP (“Sprott” or “Sprott Asset …
December 8, 2015
Good news! Litvak’s won his appeal! In a ruling that will shape how the U.S. Justice Department and Securities and Exchange Commission pursue several similar cases already in the pipeline, a federal appeals court threw …
December 7, 2015
Oil got whacked today: Oil fell to the lowest level in more than six years amid speculation that a record global glut will be prolonged after OPEC effectively abandoned its longtime strategy of limiting output …
MAPF Portfolio Composition: November 2015
Turnover edged up in November, to about 11%. There is extreme segmentation in the marketplace, with OSFI’s NVCC rule changes in February 2011 having had the effect of splitting the formerly relatively homogeneous Straight Perpetual …
December 4, 2015
Jobs, jobs, jobs! Employers added more jobs than forecast in November, underscoring Federal Reserve Chair Janet Yellen’s confidence that the U.S. economy is strong enough to withstand higher borrowing costs. The 211,000 increase in payrolls …
December 3, 2015
Good news! Europe’s not considered to be in as much trouble as was previously feared! Let’s celebrate! Equities tumbled around the world and government bonds sank, while the euro rallied the most in six years …
December 2, 2015
The hot news of the day is that the BoC did not move policy rates (emphasis added): The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 …
December 1, 2015
Advanced students of economics, confidently exploring the most arcane niches of their field, will be fascinated to learn that after an extensive investigation, a US Senate committee has learned that private companies seek to maximize …
November 30, 2015
I have a lot of sympathy for the central bankers of the world, as I’ve mentioned before: they cut policy yields to the bone, hoping thereby to get consumers spending and business investing, but all …