Nothing happened today. It was a mixed day for the Canadian preferred share market, with PerpetualDiscounts up 16bp, FixedResets off 3bp and DeemedRetractibles gaining 3bp. Volatility was minimal. Volume was very low. HIMIPref™ Preferred IndicesThese …
Search Results for: performance
TLM.PR.A Downgraded to Pfd-3 by DBRS, Trend Negative
DBRS has announced that it: DBRS has today downgraded the Issuer Rating and Unsecured Debentures & Medium-Term Notes rating of Talisman Energy Inc. (Talisman or the Company) to BBB from BBB (high), and changed the …
September 12, 2014
Assiduous Reader DR alerts me to the Financial Post’s Barry Critchley’s attempt to whip up more hysteria regarding the so-called evils of so-called High Frequency Trading: At best it may be unintentional consequences. At worst …
September 11, 2014
The loonie got hit today: The Canadian dollar fell to the lowest level in five months as crude oil, the nation’s largest export, traded at almost its lowest point in more than a year. The …
September 10, 2014
Low policy rates are causing everybody in the world to pile into real-estate. The UK response deals with income, not Loan-to-Value: [Professional government mouthpiece Mark] Carney’s attempt to reassure consumers and businesses that the BOE …
September 9, 2014
The Bank for International Settlements has released a paper by Sami Alpanda, Gino Cateau and Césaire Meh, all of the Bank of Canada, titled A policy model to analyze macroprudential regulations and monetary policy: We …
September 8, 2014
There’s no smoking gun, but staff turnover may have played a role in the JPMorgan data breach: As hackers pierced JPMorgan Chase & Co.’s (JPM) defenses in June, the bank’s cybersecurity chief was just getting …
September 5, 2014
US jobs numbers disappointed: Payrolls climbed by 142,000 workers, less than the 230,000 median forecast of economists surveyed by Bloomberg and the smallest gain this year, data from the Labor Department showed today. The unemployment …
BK.PR.A: Rights Offering and DBRS Upgrade
Quadravest has announced: Canadian Banc Corp. (the “Company”) announces that it will issue Rights to all Class A Shareholders thereby allowing existing shareholders to increase their investment in the Company. Each Class A Shareholder will …
September 4, 2014
Interesting article in the Globe about global real estate flows: In June, Citigroup Inc. paid a record HK$5.4-billion ($697-million) for a Hong Kong office tower that will bring most of its 5,000 employees under one …