Search Results for: performance

Market Action

April 15, 2010

The financial reform process is getting chippy: Banks, lobbyists and others have until tomorrow to submit comments to the committee, part of the Basel-based Bank for International Settlements. They have until the end of this …

Read More

Market Action

April 14, 2010

Price volatility slowed considerably today, although recent trends continued weakly, with PerpetualDiscounts gaining 7bp and FixedResets losing 7bp on continued heavy volume. PerpetualDiscounts now yield 6.17%, equivalent to 8.64% at the standard equivalency factor of …

Read More

Market Action

April 13, 2010

Citigroup’s liquidity guarantees are attracting scrutiny: Financial Crisis Inquiry Commission investigators may conclude a primary cause of Citigroup’s 2008 bailout was the use of “liquidity puts” by traders to bolster sales, Chairman Phil Angelides said …

Read More

Market Action

April 12, 2010

Greece is getting a bail-out: Forced into action by a surge in Greek borrowing costs to an 11-year high, finance ministers from the 16 euro countries said they and the International Monetary Fund would offer …

Read More

Market Action

April 9, 2010

More news from the discount aisles of Greece, where burning Sappho lunched and swum: European Union officials said they are ready to rescue Greece if needed as Fitch Ratings cut the country’s credit rating to …

Read More

Market Action

April 8, 2010

What’s a Grecian earn?: Greece will probably be forced to request a financial rescue after a European Union aid pledge failed to stop Greek borrowing costs from surging, said economists at AXA Group and Nomura …

Read More

Market Action

April 7, 2010

Think we’ve got it tough in the Canadian preferred share market? Be grateful you’re not holding Greek bonds! U.S. and European stocks fell, led by commodity producers as oil and copper dropped, while the premium …

Read More

Market Action

April 6, 2010

With help from the clerk of the committee, I can now post a link to The Standing Committee on Government Agencies Report on the OSC. Preferred shares took a massive whacking today on very high …

Read More

Market Action

April 5, 2010

The jobs number on Friday was encouraging: Payrolls rose by 162,000 workers last month, the third gain in the past five months and the most since March 2007, figures from the Labor Department showed today …

Read More