News Results

  1. BRIEF-Meta Platforms Inc Raises $10 bln in bond offering
    Reuters | 06:32 PM EDT

    Meta Platforms Inc (META): * Meta Platforms Inc (META) - ON AUGUST 9, ENTERED INTO AN INDENTURE AND A SUPPLEMENTAL INDENTURE WITH U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, AS TRUSTEE. * Meta Platforms Inc (META) - PURSUANT TO INDENTURE COMPANY ISSUED $2.75 BILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 3.500% SENIOR UNSECURED NOTES DUE 2027.

  2. Meta raises $10 billion in first-ever bond offering
    Reuters | 05:32 PM EDT

    - Facebook-parent Meta Platforms Inc (META) said on Tuesday it had raised $10 billion in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business.

  3. Meta raises $10 billion in first-ever bond offering
    Reuters | 05:29 PM EDT

    Facebook-parent Meta Platforms Inc (META) said on Tuesday it had raised $10 billion in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business.

  4. CANADA STOCKS-Toronto market gives back some recent gains as tech weighs
    Reuters | 04:50 PM EDT

    * TSX ends down 90.87 points, or 0.5%, at 19,578.30. * Technology loses 4.1%; Nuvei (NVEI) tumbles 21.4% * Health care drops 7.9% as cannabis shares slide. * Energy gains 0.6% By Fergal Smith. Canada's main stock index fell on Tuesday, with technology shares leading the move lower ahead of U.S. inflation data expected to set the tone for additional Federal Reserve interest rate increases.

  5. Argentina's central bank likely to raise interest rate this week, say traders
    Reuters | 04:39 PM EDT

    Argentina's central bank is likely to raise its benchmark interest rate by 600 basis points this week to tackle the country's high inflation, market participants told Reuters on Tuesday.

  6. Argentina's central bank likely to raise interest rate this week, say traders
    Reuters | 04:36 PM EDT

    Argentina's central bank is likely to raise its benchmark interest rate by 600 basis points this week to tackle the country's high inflation, market participants told Reuters on Tuesday.

  7. TREASURIES-Yields rise as investors await Wednesday's inflation data
    Reuters | 03:30 PM EDT

    U.S. Treasury yields edged higher on Tuesday as investors waited on highly anticipated inflation data on Wednesday, which will be scrutinized for how aggressively the Federal Reserve might continue ...

  8. Argentina industrial output up 6.9% in June vs a year ago -stats agency
    Reuters | 03:05 PM EDT

    Argentina's industrial output grew 6.9% in June from a year ago in non-seasonally adjusted terms and rose 2.6% in seasonally adjusted terms from May, the government's INDEC statistics agency said on Tuesday.

  9. Ecuador's debt payments not affected by Luxembourg asset freeze - government says
    Reuters | 12:48 PM EDT

    Ecuador's capacity to meet its external debt obligations has not been affected by a Luxembourg court's decision to freeze the country's assets amid a dispute with oil company Perenco, the economy ministry said on Tuesday. Ecuador has "promptly complied" with interest and amortization payments on bonds for $185.7 million, which were due on July 31, the ministry said in a statement.

  10. FOREX-Dollar edges lower as traders await U.S. inflation report
    Reuters | 10:52 AM EDT

    The dollar edged lower on Tuesday in thin summer trading with market participants in wait-and-see mode ahead of key inflation figures that could shed more light on how aggressive the Federal Reserve might be in its expected interest rate hike in September.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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