News Results

  1. Sallie Mae Appoints R. Scott Blackley to Its Board of Directors
    Business Wire | 11/16/22 04:30 PM EST

    Mr. Blackley Brings Significant Financial Services and Operations Experience to the Board Sallie Mae?, formally SLM Corporation (SLM), today announced the appointment of R. Scott Blackley to its board of directors, effective immediately.

  2. AM Best Affirms Credit Ratings of Petrolimex Insurance Corporation
    Business Wire | 11/16/22 09:38 AM EST

    AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Petrolimex Insurance Corporation. The ratings reflect PJICO?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

  3. indie Semiconductor Announces Proposed Convertible Senior Notes Offering and $50 million Repurchase Authorization
    Business Wire | 11/16/22 07:30 AM EST

    indie Semiconductor, Inc. (INDI), an Autotech solutions innovator, today announced that it plans to offer, subject to market and other conditions, $125 million aggregate principal amount of its Convertible Senior Notes due 2027 through a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended. indie expe...

  4. Wolfspeed Announces Offering of $1,300 Million of Convertible Senior Notes
    Business Wire | 11/16/22 07:01 AM EST

    Wolfspeed, Inc. (WOLF) today announced that it intends to offer, subject to market conditions and other factors, $1,300 million aggregate principal amount of its Convertible Senior Notes due 2029 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

  5. Frost Bank and FHLB Dallas Award $700K for Addiction Recovery Housing
    Business Wire | 11/15/22 06:45 PM EST

    Adult & Teen Challenge of Texas Celebrates Grand Opening of Houston Dorm. Frost Bank and the Federal Home Loan Bank of Dallas have awarded a $700,000 Affordable Housing Program subsidy to Adult & Teen Challenge of Texas, which provided the final funding needed to complete a new dormitory for its Houston, Texas, campus. This press release features multimedia.

  6. Banks Award $18K to Hattiesburg Affordable Housing Nonprofit
    Business Wire | 11/15/22 06:15 PM EST

    Cadence Bank (CADE), Citizens National Bank and FHLB Dallas Assist in Ward 2 Renewal Effort Representatives from Cadence Bank (CADE), Citizens National Bank and the Federal Home Loan Bank of Dallas have awarded $18,000 in Partnership Grant Program funding to Twin Forks Rising Community Development Corp.. They celebrated the awards at a ceremonial check presentation in Hattiesburg, Mississippi, recently.

  7. Thermo Fisher Scientific Prices Offering of Euro-Denominated Senior Notes
    Business Wire | 11/15/22 04:05 PM EST

    Thermo Fisher Scientific Inc. (TMO) announced today that on November 14, 2022 it priced an offering of ?1.25 billion aggregate principal amount of the following euro-denominated notes: The Offering is expected to close on or about November 21, 2022, subject to customary closing conditions.

  8. Thermo Fisher Scientific Prices Offering of USD-Denominated Senior Notes
    Business Wire | 11/15/22 04:00 PM EST

    Thermo Fisher Scientific Inc. (TMO) announced today that on November 14, 2022 it priced an offering of $1.2 billion aggregate principal amount of the following notes: The Offering is expected to close on or about November 21, 2022, subject to customary closing conditions.

  9. Geothermic Solution Joined International Community of Investors and Innovators at 6th Future Investment Initiative in Riyadh
    Business Wire | 11/15/22 01:00 PM EST

    Geothermic Solution met with individuals at the highest government and business levels during its visit to the Kingdom of Saudi Arabia, with discussions focused on the company?s GeoHeat energy-harvesting technology and its role in establishing a sustainable energy supply for the global economy. PALO ALTO, Calif.

  10. Navya Announces the Issuance of the 3rd Tranche for ?2.0 Million as Part of the Financing Program Concluded with Negma for a Maximum Amount of ?36 Million*
    Business Wire | 11/15/22 12:12 PM EST

    Regulatory News: NAVYA, an autonomous mobility systems leader, today announces the issue of the 3rd tranche of convertible bonds into shares with warrants for an amount of ?2.0 million.

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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