News Results

  1. Federal Reserve System and Business Payments Coalition Announce Two Industry Efforts to Propel B2B Payments Toward Modernization
    Business Wire | 10/12/21 01:00 PM EDT

    The Federal Reserve and the Business Payments Coalition today announced 73 organizations have joined an industry effort to stand up an operational pilot exchange framework to enable businesses of all kinds to exchange electronic invoices.

  2. Manifest Climate: Top 20 Clean Tech Start-Up
    Business Wire | 10/12/21 09:48 AM EDT

    Manifest Climate?s innovative software was shortlisted for the prestigious G20 Innovations League start-up pitch contest. The highly selective private sector led event is the G20 Italian Presidency?s legacy event.

  3. Enpro Announces Agreement to Sell Compressor Products International (CPI) to Howden
    Business Wire | 10/12/21 06:45 AM EDT

    EnPro Industries, Inc. (NPO), an industrial technology company, today announced agreements for the sale of its Compressor Products International business unit to Howden Group, a leading global provider of mission critical air and gas handling products and services with headquarters in Glasgow, UK.

  4. EMTECH and Hedera Hashgraph Join Forces for Highly Performant, Trusted and Energy Efficient Central Bank Blockchain Infrastructure
    Business Wire | 10/08/21 06:00 AM EDT

    EMTECH, an award-winning software company modernizing central banking infrastructure for financial inclusion and resilience, with blockchain-based platforms, and Hedera Hashgraph, provider of the most used, sustainable, enterprise-grade public network for the decentralized economy, announced today a partnership to develop an enterprise-grade, highly performant, highly secure and energy efficien...

  5. Cybersecurity Breach at Neiman Marcus Will Test Consumers? Retail Confidence Ahead of the Busy Festive Period, Warns PCI Pal
    Business Wire | 10/06/21 09:00 AM EDT

    The recent data breach, amidst a year of ongoing data breaches, is a warning signal to retailers and consumers as they head into the holiday season With news reports suggesting the retailer Neiman Marcus has been the subject of a cybersecurity breach, PCI Pal? ? the global cloud provider of secure payment solutions for business communications ? is urging firms to step-up protection of sensitive...

  6. SOFR Academy Publishes White Paper on Across-the-Curve Credit Spread Indexes (AXI & FXI) to Aid LIBOR Transition
    Business Wire | 10/05/21 12:40 AM EDT

    SOFR Academy, Inc., a digital education and data provider, announced the publication of additional materials regarding the Across-the-Curve Credit Spread Indexes. The indexes are robustly defined, forward looking credit-sensitive spreads added to the Secured Overnight Financing Rate to support the transition of loan products away from the US-dollar London Interbank Offered Rate.

  7. UK Financial Conduct Authority Announces that it will Compel ICE Benchmark Administration to Publish 1-, 3- and 6-Month Sterling and Japanese yen ?synthetic? LIBOR
    Business Wire | 09/29/21 02:38 AM EDT

    Intercontinental Exchange, Inc. (ICE), a leading global provider of data, technology, and market infrastructure, today noted that the UK Financial Conduct Authority will compel ICE Benchmark Administration Limited, the authorized and regulated administrator of LIBOR?, to publish the 1-, 3- and 6-Month sterling and Japanese yen LIBOR settings under a changed, unrepresentative, ?synthetic? methodology ...

  8. Russell Investments? Q4 2021 Market Outlook: Strategists Expect Pandemic-Recovery Trade to Shake off Growing Pains
    Business Wire | 09/28/21 12:52 PM EDT

    Team favors equities over bonds, value over growth factor, and non-U.S. over U.S. stocks Russell Investments? strategists expect the pandemic-recovery trade to resume in Q4 as inflation subsides, COVID-19 infection rates decline, and central bank tapering turns out to not equal tightening.

  9. Schneider Electric Lexington Smart Factory Among First in the World to be Named a Sustainability Lighthouse by World Economic Forum
    Business Wire | 09/27/21 11:05 AM EDT

    BOSTON---- Schneider Electric, the leader in the digital transformation of energy management and automation, today announced that its Smart Factory in Lexington, Kentucky was recognized as a Sustainability Lighthouse ? one of only three worldwide ? by the World Economic Forum.

  10. The World Economic Forum Welcomes Western Digital to Prestigious Global Lighthouse Network
    Business Wire | 09/27/21 08:00 AM EDT

    SAN JOSE, Calif. ?Today?s recognition by the WEF Lighthouse Network is an honor and a testament of our leadership efforts in 4IR with both technology innovation and workforce engagement,? said David Goeckeler, CEO, Western Digital.

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.