Brookfield Investment Management (Canada) Inc. has announced: a proposal to make amendments to the declaration of trust of its fund Brascan SoundVest Rising Distribution Split Trust (TSX:BSD.UN) (the “Fund”), as well as to change the …
Search Results for: performance
March 12, 2010
Another boring day, as far as actual news was concerned. An explanation of Lehman’s financing technique looked interesting at first, but turned out to be only legal hairsplitting. OK, OK, so the outward leg of …
March 11, 2010
Nothing happened again today. Volume was good in the Canadian preferred share market today, and so was the direction, with PerpetualDiscounts gaining 9bp and FixedResets gaining 7bp, with yields on the latter edging closer to …
March 10, 2010
No news worth reporting today. There was some more Greek speculator-blame being tossed around, but I can’t make fun of Greek politicians every day! It was a quiet day for Canadian preferred shares, but volume …
March 9, 2010
The Brookfield Renewable Power FixedReset, 5.25%+262, announced February 18, commences trading tomorrow with the symbol BRF.PR.A. Brookfield’s dalliance with General Growth Properties got a boost: General Growth Properties Inc. said its biggest debt and equity …
March 8, 2010
The US Budget squabbling has begun: President Barack Obama’s budget proposal would generate bigger deficits than advertised every year of the next decade, with the shortfalls totaling $1.2 trillion more than the administration estimated, according …
March 5, 2010
European leaders are continuing their desperate efforts to divert attention from the causes of the Greek crisis: German Chancellor Angela Merkel said that Greece doesn’t need financial aid, as she turned her focus to restricting …
March 4, 2010
The Credit Rating Agencies are now being drawn into the Greece fiasco: European Union finance ministers are pushing the European Central Bank to develop its own rating system for euro zone countries, German business daily …
March 3, 2010
Faced with criticism of their conduct and market disdain for their chances going forward, European politicians are taking decisive action – prohibit criticism! The European Commission said yesterday it will investigate trades in sovereign credit-default …
March 2, 2010
Nice piece in the WSJ on the Goldman/Greece thing, Swapping Blame over Athens: Greece was not alone in using creative accounting to massage its numbers ahead of euro entry. It’s been known for years that …