Canadian GDP was uninspiring: Canada’s economic growth picked up at the start of the year, but the results fell short of expectations and follow an extended period of stagnation as the country struggles with higher …
Search Results for: performance
May 30, 2024
DBRS has downgraded CI Financial Corp.; there are no preferreds outstanding, but I thought it was interesting: DBRS Limited (Morningstar DBRS) downgraded the credit ratings of CI Financial Corp.’s (CI or the Company) Senior Unsecured …
May 29, 2024
Equities got whacked today, attributed to a weak bond market: In afternoon trading, the benchmark U.S. 10-year yield was up 7.2 basis points to 4.613% after earlier hitting 4.638%, the highest level since May 1. …
May 28, 2024
Hurray for T+1! Settlements, the complex undertaking that ensures money and securities properly change hands every time stocks or bonds are bought or sold, previously had to be completed within two business days of the …
TD Rating Outlook Negative, says Fitch
Fitch Ratings has announced that it: has affirmed The Toronto-Dominion Bank’s (TD) Long-Term Issuer Default Rating (IDR) at ‘AA-‘ and Short-Term IDR at ‘F1+’. The Rating Outlook has been revised to Negative from Stable. Fitch …
May 27, 2024
TXPR closed at 603.86, up 0.95% on the day after setting a new 52-week high. Volume today was 2.90-million, above the median of the past 21 trading days. CPD closed at 11.98, up 1.01% on …
May 24, 2024
HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 …
May 23, 2024
TXPR closed at 599.43, up 0.92% on the day after setting a new 52-week high. Volume today was 1.92-million, below the median of the past 21 trading days. CPD closed at 11.84, up 0.51% on …
May 22, 2024
So it seems that money managers aren’t the only ones who appreciate the benefits of lying to their clients with the opacity of private equity valuations: large institutional investors want to get in on the …
May 21, 2024
Sorry this is late – I went to the Blue Bovine Steakhouse last night and didn’t have time to pack up the day. It’s an OK place. One big problem is that the gross incompetence …