These are total returns, with dividends presumed to have been reinvested at the bid price on the ex-date. The list has been restricted to issues in the HIMIPref™ indices. September, 2008 Issue Index DBRS Rating …
Search Results for: performance
Accounting Standards & Intellectual Bankruptcy
The Accounting Standards Board has announced: amendments to Sections 3855, Financial Instruments — Recognition and Measurement, and 3862, Financial Instruments — Disclosures. The amendments permit reclassification of financial assets in specified circumstances. They are being …
James Hymas to Appear at Financial Forum
Break-out seminar session Friday Jan 16/09 5:00-5:45 pm at the Toronto Financial Forum. Seminar: Preferred Shares for Taxable Income Portfolios Description: Preferred shares can complement bonds in taxable fixed-income portfolios. A wide variety of characteristics …
MAPF Portfolio Composition, September 2008
There was a substantial amount of trading in September, as a sometimes disorderly decline in prices of PerpetualDiscounts in a confused market brought many opportunities to the Fund. Turnover was again close to 100% for …
Weekend Bank Rescues
Assiduous Reader louis made a very good suggestion in the comments to October 10 that is worthy of being highlighted – particularly in the light of the extraordinary policy actions taken by government to shore …
DPS.UN: Retraction Season!
Assiduous Readers will remember that I laid at least part of the blame for preferred shares’ appalling performance in October 2007 on forced-sales to meet retractions by DPS.UN: Diversified Preferred Share Trust (fully described at …
GPA.PR.A Announces Credit Event re WaMu
Global Credit Pref Corp has announced: it received a credit event notice today from The Toronto-Dominion Bank with respect to Washington Mutual, Inc. as a result of that entity filing for bankruptcy protection under Chapter …
RPB.PR.A & RPQ.PR.A : Downgrades, Watches & Credit Events
CC&L Group announced yesterday: that Standard & Poor’s (“S&P”) placed its ratings on CC&L ROC’s Preferred Shares on CreditWatch with negative implications. S&P expects to resolve the CreditWatch placement within a period of 90 days …
SEC and BSC
Reuters reports: The U.S. Securities and Exchange Commission is ending its program to supervise large independent investment banks now that the five participants have collapsed or reorganized. … while Dealbreaker handles the stage directions: SEC …
September 23, 2008
The drive to send the CDS market to London and Dubai continues, with Christopher Cox of the SEC jumping on the bandwagon: U.S. Securities and Exchange Commission Chairman Christopher Cox said Congress should grant authority …