News Results

  1. Why Is Primary Care Provider Cano Health Stock Trading Lower Today?
    Benzinga | 02/05/24 07:03 AM EST

    On Monday, value-based primary care provider?Cano Health Inc? entered into a Restructuring Support Agreement with lenders holding approximately 86% of its secured revolving and term loan debt and 92% of?its senior unsecured notes. This agreement enables Cano Health (CANO) to reduce its debt.

  2. Japan Digital Bond Market Sees Largest Digital Green Bonds Sale, $68M By Hitachi
    Benzinga | 12/07/23 09:38 AM EST

    digital corporate bond issuance. What Happened: Hitachi (HTHIF) ?issued the five-year green bonds with a coupon rate of 0.598%, Bloomberg reported. Nippon Life Insurance revealed that it purchased half of the $68 million offering. Emiri Matsuo of Hitachi's (HTHIF) treasury division financing department said that life insurers, central public institutions, and other corporates also acquired the securities.

  3. German Conglomerate Bayer Faces Investor Scrutiny Amid Unexpected Legal, Trial Setbacks
    Benzinga | 11/24/23 12:48 PM EST

    Bayer AG? reportedly held an investor call to address concerns after intense scrutiny from investors following a series of unforeseen setbacks, prompting questions about transparency surrounding its?recent?$5.75 billion bond issuance. The company encountered a cascade of issues, including a major setback in a late-stage anti-clotting drug trial that led to?its abrupt termination.

  4. Enphase Energy Valuation To Remain Pressured In Near Term, Analyst Says
    Benzinga | 10/27/23 01:24 PM EDT

    Several analysts downgraded?Enphase Energy Inc? following?its weak Q3 FY23 earnings. Yesterday, Enphase reported EPS of $1.02, missing the $1.03 estimate. The company anticipates Q4 revenue of $300 million-$350 million, far short of the?$601.24 million estimate. Oppenheimer?analysts downgraded the stock to Perform from Outperform and removed the $191 price target.

  5. Why Enovis Stock Is Trading Lower Today
    Benzinga | 10/19/23 03:38 PM EDT

    Enovis Corporation shares are trading lower on Thursday after the company announced a proposed private offering of $400 million of convertible senior notes and issued preliminary third-quarter results. What To Know: Enovis announced its plan to offer $400 million aggregate principal amount of Convertible Senior Notes due in 2028, in a private offering.

  6. Chinese Property Developer Sino-Ocean Group Asks Bondholders To Delay Interest Payments
    Benzinga | 10/13/23 10:42 AM EDT

    Sino-Ocean Group Holding Limited became the latest in a long line of Chinese property developers to default on its bond repayments after asking its creditors to wait a further two months for scheduled interest payments Friday. The announcement follows a freezing of $4 billion of offshore debt by the company last month.

  7. Apex Fintech Opens Gateways For Retail Investors To Invest In Fixed Income
    Benzinga | 10/12/23 05:55 PM EDT

    Apex Fintech Solutions?launched its new fixed-income investing platform through which everyday retail investors will be able to directly invest in fixed income through fractional corporate bonds and treasuries. This is contrary to the traditional methods where fixed-income investing usually requires larger investments.

  8. Rivian's $1.5B Green Note Offering Sends Stock Tumbling 8% Even As EV Maker Allays Liquidity Concerns
    Benzinga | 10/05/23 02:37 AM EDT

    Rivian Automotive, Inc. witnessed an approximately 8% drop in?after-hours trading?on Wednesday after announcing a debt offering. Debt Offering:?Rivian, headquartered in Irvine, California, revealed its intention to raise $1.5 billion by issuing green convertible senior notes due in 2030 through a private offering to qualified institutional buyers.

  9. CrowdStrike Holdings, NNN REIT And A Major Semiconductor Stock: CNBC's 'Final Trades'
    Benzinga | 09/22/23 08:53 AM EDT

    On CNBC's "Halftime Report Final Trades," Jenny Harrington of Gilman Hill Asset Management said NNN REIT, Inc. has 6.1% dividend yield. NNN REIT priced its public offering of $500 million of 5.600% senior unsecured notes due 2033. Benzinga's analyst rating data shows a consensus Buy rating on NNN REIT.

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.