Brompton Group has announced: Life & Banc Split Corp. (“LBS” or the “Fund”) is pleased to announce that its board of directors (the “Board”) has approved granting shareholders an additional option to allow them to …
Search Results for: performance
April 3, 2013
Europeans are encountering Money Market angst: Investors in Europe risk losing a haven as Goldman Sachs Group Inc. (GS), JPMorgan Chase & Co. (JPM) and Morgan Stanley break a taboo that’s stopped 88 billion euros …
April 2, 2013
This may sound like a joke, but it’s actually a big deal: The Securities and Exchange Commission today issued a report that makes clear that companies can use social media outlets like Facebook and Twitter …
April 1, 2013
Assiduous Reader KL was intrigued by my note on OSFI’s target for depositor recovery on March 27 and passed along a few links. A US stockbroker pointed out (with assistance from a goldbug) that the …
SLF: S&P Affirms Rating, Sets Outlook To Stable
Standard & Poor’s has announced: •Sun Life Financial Inc.’s (SLF) operating performance improved in 2012. Fixed-charge coverage is now at levels we expect for the ratings. •We are affirming all ratings and revising the outlook …
MAPF Portfolio Composition: March 2013
Turnover returned to more normal levels in March, at about 7%. 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 …
March 28, 2013
A bit of good news on the regulatory extortion front – a US judge is questioning the SEC / SAC Capital settlement: SAC Capital Advisors LP will have to wait to learn if its $602 …
March 27, 2013
Nothing happened today. It was another positive day for the Canadian preferred share market, with PerpetualPremiums gaining 3bp, FixedResets roaring ahead by 17bp and DeemedRetractibles up 4bp. Volatility was average, but comprised entirely of FixeReset …
March 26, 2013
In a move sure to be applauded by crypto-Stalinists everywhere BMO will not advertise its prices: Bank of Montreal will not extend its 2.99 per cent five-year fixed mortgage rate offer past its expiry on …
March 25, 2013
Cyprus has reached an agreement for an orderly bank default: Cyprus dodged a disorderly default and unprecedented exit from the euro currency by bowing to demands to shrink its banking system in exchange for a …