Energy Split Corp. II has announced: that it has called 5,209 ROC Preferred Shares for cash redemption on December 16, 2009 (in accordance with the Company’s Articles) representing approximately 0.559% of the outstanding ROC Preferred …
Search Results for: performance
November 30, 2009
CIT Group has slightly amended its bankruptcy terms. Willem Buiter is frequently quoted on PrefBlog … and now he’s got a new job!: Citigroup Inc. hired former Bank of England policy maker Willem Buiter as …
November 27, 2009
Credit Default Swaps are proving to be less predictable than hoped: Thomson provided the first test of the procedures for settling contracts triggered by a restructuring in Europe when it said in August it was …
November 26, 2009
Apparently, having the world’s most intrusive bonus rules is a Good Thing: U.K. banks face the toughest bonus regime in the world if proposals outlined in a government- commissioned report are accepted, according to its …
November 25, 2009
Connecticut is claiming that its pension fund portfolio managers are a pack of incompetent time-servers: Connecticut plans to join Ohio in suing Standard & Poor’s, Moody’s Corp. and Fitch Ratings for their “negligent, reckless and …
November 24, 2009
A good solid day for preferred shares with both PerpetualDiscounts and FixedResets gaining 10bp on moderate volume. HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized …
November 23, 2009
Themis Trading has published another “mini white paper” by Sal L. Arnuk and Joseph Saluzzi, Why Institutional Investors Should Be Concerned About High Frequency Traders. Their second so-called “problem” is actually a highly desirable feature: …
November 20, 2009
Another nice day for Canadian Preferreds, with PerpetualDiscounts gaining 30bp while FixedResets were up 24bp, on moderate volume. HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are …
November 19, 2009
James Mackintosh of the Financial Times was kind enough to link to a PrefBlog post in his discussion of Contingent Capital, CoCo farming shows the true value of government guarantees. He suggests that just about …
November 18, 2009
A very nice day for the Canadian preferred share market, with PerpetualDiscounts up 29bp and FixedResets gaining 4bp, on continued moderate volume. There were no losers in the Performance hightlights! HIMIPref™ Preferred IndicesThese values reflect …