M&T Bank Corp (MTB) is gearing up to report results in early October, after having reported upbeat earnings for the second quarter. The U.S. Federal Reserve cutting its benchmark interest rates could be a catalyst for the company's credit metrics and drive stronger earnings growth, according to JPMorgan analyst Steven Alexopoulos.
Comprehensive Housing Assistance, Inc., together with the Federal Home Loan Bank of Atlanta and Truist, along with State, City and foundation funding, are pleased to showcase the completion of Woodland Gardens I, a new four-story building providing attractive, affordable housing in Baltimore, Maryland.
The Dallas-Fort Worth region toll highway owner and operator aims to rake in savings from the deal as it expects to cash fund a $2 billion capital plan.
The Skills Gap Crisis has been described by the World Economic Forum* as one of the biggest challenges of our time, costing us roughly $11.5 trillion in potential GDP growth over the next decade**. The world?s largest companies are starting to respond by implementing a skills-based approach to address their needs.
NCL Corporation Ltd., a subsidiary of Norwegian Cruise Line Holdings Ltd. (NCLH), announced today that it is proposing to sell $315.0 million aggregate principal amount of its senior notes due 2030 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended.
All the stars seem to be aligned for real estate stocks, setting the stage for a potential structural rebound after years of lackluster performance. As the economy shows robust growth and inflation continues its downward trend, investors are increasingly optimistic about the Federal Reserve?s anticipated interest rate cuts, sparking renewed enthusiasm for real estate investments.
In the face of potential supply side shocks, the Federal Reserve may be forced to halt its rate cuts but not reverse its course, a prominent economist predicted. What Happened: Brian Jacobsen, Chief Economist at Annex Wealth Management, expressed his concerns about the possible risks to the Fed?s policy-easing path during an interview with CNBC on Monday.
The U.S. housing market has been tumultuous due to persistent interest rate hikes. However, an upward revision of U.S. gross domestic product growth in the second quarter has led speculators to reconsider their bets on a substantial 50-basis-point?rate cut next month.
Investors will see more than $7.8 billion of supply to start off September, following a record issuance month in August. The calendar is led by the North Texas Tollway Authority's $1.126 billion of system revenue refunding bonds while high-grade Massachusetts leads the competitive slate with $850 million of exempt and taxable general obligation bonds.
LINXS, the private developer consortium, and Los Angeles World Airports struck an agreement on a timeline for completion of the people mover project, pushing Fitch Ratings' outlook higher.
August's volume reached $49.174 billion in 873 issues, up 25% from 2023. August's total is above the 10-year average of $40.828 billion and is also the highest monthly total this year.
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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