Nothing happened today. It was a fine day for the Canadian preferred share market, with PerpetualDiscounts winning 37bp, FixedResets gaining 21bp and DeemedRetractibles up 22bp. Volatility was average. Volume was very high. HIMIPref™ Preferred IndicesThese …
Search Results for: performance
December 19, 2013
Nothing happened today. The Canadian preferred share market bounced back a little today, with PerpetualDiscounts winning 26bp, FixedResets gaining 1bp and DeemedRetractibles up 5bp. PerpetualDiscounts dominated the winning side of the Performance Highlights table. Volume …
December 18, 2013
Today’s big news is … tapering: Taking into account the extent of federal fiscal retrenchment since the inception of its current asset purchase program, the Committee sees the improvement in economic activity and labor market …
December 17, 2013
So – are the politicians and bureaucrats fanning fear regarding financial stability so they can increase revenue? The U.S. Securities and Exchange Commission said on Tuesday it levied a record $3.4-billion (U.S.) in sanctions in …
December 16, 2013
No commentary today! PrefLetter has left me a hollow shell of a man. But I will say that I’m very glad to see that the thug from Nova Scotia, Lenore Zann, appears to intend to …
December 13, 2013
US inflation is still tame: Wholesale prices in the U.S. declined for a third month in November, reflecting lower costs for energy and cars. The 0.1 percent drop in the producer-price index followed a 0.2 …
CBW.PR.A: Preferred Shareholders Force Dissolution Of Company
Manulife Financial Corporation has announced: – Manulife Asset Management Limited, the manager of Copernican World Banks Split Inc. (TSX: CBW.PR.A; CBW) (“Copernican World Banks”), today announced that due to the number of Preferred Shares retracted …
CIR.PR.A: Preferred Shareholders Force Dissolution of Company
Manulife Financial has announced: Manulife Asset Management Limited, the manager of Copernican International Financial Split Corp. (TSX: CIR.PR.A; CIR) (“Copernican Financial Split”), today announced that due to the number of Preferred Shares retracted under the …
December 12, 2013
Parakeet Poloz chirped a little today: The Canadian economy faces the risk of deflation and won’t reach full capacity for two years, with imbalances in household debt and the housing market gradually diminishing in that …
December 11, 2013
I’m glad to see I’m not alone in my worries over central clearing: History tells us, using the metric of loss experience, that CCP management is strong. But history is based on a bygone era …