DBRS has announced that it: has today published updated versions of two Canadian structured finance methodologies: — Stability Ratings for Canadian Structured Income Funds — Rating Canadian Split Share Companies and Trusts Neither of the …
Search Results for: performance
July 29, 2013
Looks to me as if Obama’s preparing to reject Keystone XL: U.S. President Barack Obama called into question the number of jobs that would be created from the controversial Keystone XL pipeline in an interview …
July 26, 2013
Wholesale funding? Schmolesale funding! Investors are ignoring criticism from Standard & Poor’s that Svenska Handelsbanken AB (SHBA) is too reliant on short-term funding as bonds sold by the European Union’s best-capitalized bank rally. Since S&P’s …
July 25, 2013
There’s an article in the Globe bewailing the decline of telephone polling: The odds are that, at some point in your life, a polling firm has tried to contact you over the telephone to take …
July 24, 2013
I never get tired of mocking the salesmen who pretend to be rough-tough investment analysts. Today’s winners are Alan Roseman and Laura Schwartz, incompetents who feel that “follow the leader” is a dandy investment strategy: …
July 23, 2013
Nothing happened today. It was an off-day for the Canadian preferred share market, with PerpetualPremiums off 3bp, FixedResets down 7bp and DeemedRetractibles losing 15bp. There was again a surprising amount of volatility considering the overall …
July 22, 2013
Westcoast Energy, proud issuer of W.PR.H and W.PR.J, was confirmed at Pfd-2(low) by DBRS: The rating confirmations reflect Westcoast’s strong business risk profile, underpinned by low-risk, fee-based, mostly regulated operations typically accounting for nearly 90% …
July 19, 2013
First, the Loblaws REIT facilitated the Shoppers’ deal: For too long, Loblaw shares traded at a valuation discount to Shoppers that made the math of any acquisition difficult. That finally changed when Loblaw announced its …
July 18, 2013
Detroit’s gone bust: Detroit (9845MF) became the most populous U.S. city to file for bankruptcy, seeking court protection from creditors while it tries to eliminate a budget deficit and cut long-term debt.…Michigan’s largest city has …
July 17, 2013
Bernanke used his Monetary Policy Report to clarify his ‘tapering’ comments: I emphasize that, because our asset purchases depend on economic and financial developments, they are by no means on a preset course. On the …