News Results

  1. Manufacturing PMI? at 47.8%; February 2024 Manufacturing ISM? Report On Business?
    PR Newswire | 10:00 AM EST

    New Orders; Backlogs Contracting; Production; Employment Contracting; Supplier Deliveries Slowing; Raw Materials Inventories Contracting; Customers' Inventories Too Low; Prices Increasing; Exports and Imports Growing. TEMPE, Ariz.

  2. Safehold Announces Pricing of $300 Million of Senior Unsecured Notes Due 2034
    PR Newswire | 02/29/24 06:15 PM EST

    NEW YORK, Feb. 29, 2024 ?. Safehold Inc. (SAFE) today announced that its operating company, Safehold GL Holdings LLC?, has priced a public offering of $300 million aggregate principal amount of 6.100% senior notes due 2034. The Company has recently terminated hedges and realized a cash settlement gain of approximately $21 million.

  3. BSJI Sues Fed for $150 Million in Damages
    PR Newswire | 02/29/24 04:15 PM EST

    According to the lawsuit, Fed staff ignores federal law, legal precedents and its own longstanding policy to anoint itself arbiter of which financial institutions may operate, regardless of their safety and soundness SAN JUAN, Puerto Rico, Feb. 29, 2024 /PRNewswire/ -- Banco San Juan Internacional, an international bank entity formed under Puerto Rican law, today filed an amended lawsuit seekin...

  4. Fannie Mae Releases January 2024 Monthly Summary
    PR Newswire | 02/29/24 04:05 PM EST

    WASHINGTON, Feb. 29, 2024 Fannie Mae's?January 2024 Monthly Summary is now available. About Fannie MaeFannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. Fannie Mae Newsroom

  5. Comerica Bank Achieves 'Outstanding' Rating in Community Reinvestment Act Evaluation by the Federal Reserve Board
    PR Newswire | 02/29/24 10:15 AM EST

    DALLAS, Feb. 29, 2024 Comerica Bank announced today it received the highest overall rating of "Outstanding" in its 2023 Community Reinvestment Act Performance Evaluation by the Federal Reserve Board. Jan. 1, 2021, and June 30, 2023.

  6. Expert Panel Upgrades Home Price Growth Outlook, Cites Supply Constraints and Lower Mortgage Rates
    PR Newswire | 02/29/24 08:30 AM EST

    Panel of 100-Plus Experts Expects Mortgage Rates to End 2024 at Median of 6 Percent WASHINGTON, Feb. 29, 2024 A panel of housing experts expects annual national home price growth of 3.8% in 2024 and 3.4% in 2025, according to the Q1 2024 Fannie Mae?Home Price Expectations Survey, produced in partnership with Pulsenomics, LLC.

  7. Exploring the Globalization Secrets of Neta Auto, a Pure Electric Vehicle Innovator
    PR Newswire | 02/29/24 03:59 AM EST

    SHANGHAI, Feb. 29, 2024 Despite the slowdown in global economic growth, certain industries are experiencing rapid expansion against the odds. Taking Neta Auto as an example. Strategic Prowess Pioneering Globalization Neta Auto saw remarkable achievements in 2023.

  8. Omnicom Prices ?600 Million Senior Notes Offering
    PR Newswire | 02/28/24 05:39 PM EST

    NEW YORK, Feb. 28, 2024 Omnicom (OMC) and Omnicom Finance Holdings plc, a wholly owned indirect subsidiary of?Omnicom (OMC), today announced the pricing of the Issuer's public offering of ?600 million aggregate principal amount of 3.700% Senior Notes due 2032. The Notes will bear interest at a rate of 3.700 percent per annum.

  9. US Consumer Confidence Retreated in February
    PR Newswire | 02/27/24 10:00 AM EST

    Confidence Remains Range-Bound, as Dips in both Current Conditions and Expectations Halt Rising Optimism NEW YORK, Feb. 27, 2024 /PRNewswire/ -- The Conference Board?Consumer Confidence Index? fell in February to 106.7, down from a revised 110.9 in January.

  10. Housing Activity Expected to Pick Up in 2024 as Rates Move Lower
    PR Newswire | 02/23/24 08:30 AM EST

    Economic Growth Still Predicted to Soften as the Labor Market Shows Signs of Cooling WASHINGTON, Feb. 23, 2024 ?Existing home sales and new single-family housing starts are expected to grow modestly in 2024 amid lower mortgage rates and slowly strengthening homebuyer sentiment, according to the February 2024 commentary from the Fannie Mae?Economic and Strategic Research Group.

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.