PennyMac Mortgage Investment Trust (PMT) today announced that it is commencing an underwritten public offering of senior notes due 2030. The Company intends to apply to list the Notes on the New York Stock Exchange under the symbol ?PMTV.
Sallie Mae?, formally SLM Corporation (SLM), today announced Chief Financial Officer Pete Graham will speak at the Bank of America Securities 2025 Financial Services Conference on Wednesday, Feb. 12, at 12:10 p.m. ET. A live audio webcast and replay will be available at SallieMae.com/investors. Sallie Mae believes education and life-long learning, in all forms, help people achieve great things.
Sallie Mae?, formally SLM Corporation (SLM), today announced Chief Financial Officer Pete Graham will speak at the 2025 UBS Financial Services Conference on Monday, Feb. 10, at 12:10 p.m. ET. A live audio webcast and replay will be available at SallieMae.com/investors. Sallie Mae believes education and life-long learning, in all forms, help people achieve great things. Category: Corporate and Financial.
WASHINGTON---- The beer industry delivered a remarkable $878 billion to the global GDP in 2023, which represented 0.8% of the global GDP, according to the latest figures revealed by the World Brewing Alliance. This press release features multimedia.
FE International, the leading firm in lower and middle market tech M&A, is proud to announce their semi-annual industry reports. Global economic outlook overall is more hopeful for 2025. The incoming US Presidential Administration heavily influences the global macroeconomic outlook for 2025.
Consumer Spending Remains Resilient Post-Holiday, With Dining Activity Up and Retail Facing Seasonal Headwinds Zeta Global (ZETA), the AI Marketing Cloud, today released the Zeta Economic Index for January 2025. Following the surge in consumer spending during the 2024 holiday season, the US economy appears to be holding steady at the start of 2025, despite an expected post-holiday correction from retail.
Brazil's central bank on Tuesday stressed that cooling economic activity is crucial for bringing inflation to target, while labeling the unanchoring of inflation expectations and an overheating economy as "highly relevant" inflationary risks.
Comstock Inc. (LODE) today announced that its subsidiary, Comstock Fuels Corporation, was approved by the Oklahoma State Treasurer?s Office to issue up to $152 million in qualified private activity bonds.
Brazil's central bank on Tuesday labeled the unanchoring of inflation expectations and the country's overheating economy as "highly relevant" inflationary risks, adding that concerns over potential pressures from a weaker currency persist.
The pound edged lower against the euro on Tuesday after recording its biggest daily rise in three months a day earlier as investors expect U.S. tariffs to hurt the economy more in Europe than in the UK. It dropped against a strengthening dollar as tariffs against China took effect. Market participants also awaited the Bank of England's policy meeting later this week.
T-Mobile US, Inc. (TMUS) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary, plans to offer, subject to market and other conditions, euro-denominated senior notes in a registered public offering. Citigroup Global Markets Limited, Goldman Sachs & Co. LLC, J.P. Morgan Securities plc and Soci?t? G?n?rale are the joint book-running managers for the offering of the notes.
Japanese government bond yields rose to multi-year highs on Tuesday alongside U.S. Treasury yields as investors continued to weigh the impact of U.S. tariffs while eyeing the Bank of Japan's rate path outlook. The 10-year JGB yield touched a 14-year peak of 1.27%, while 10-year JGB futures fell 0.21 points to 140.54 yen.
-? Technology disruption, post-globalization, and shifting profit pools will drive dealmaking in the year ahead as interest rates and regulatory challenges are likely to recede-? A Bain survey found one in three M&A practitioners will be using generative AI in dealmaking by the end of the year-? Bain predicts generative AI will enable every step of the M&A process in the next five years NEW YOR...
Canadian manufacturing activity increased at a slower pace in January as looming U.S. trade tariffs reduced confidence in the outlook, even as moves by clients to get ahead of the taxes led to the first increase in export orders in 17 months. The S&P Global Canada Manufacturing Purchasing Managers' Index fell to 51.6 in January from 52.2 in December.
* Porn app available on iPhone under EU's alternative app store rule. * Apple (AAPL) cleared Hot Tub for cybersecurity threats, but says does not approve of app. * AltStore backed by 'Fortnite' creator Epic Games. By Stephen Nellis.
Financial markets that had banked on avoiding trade wars are recalibrating the possibility of a sharp global slowdown, rekindled inflation and a pause to Federal Reserve rate cuts after Donald Trump declared tariffs on top U.S. trading partners.
* * Traders reduce Federal Reserve rate cut bets. * More pain in sight for currencies, euro rattled. * Tariffs on Mexico, Canada postponed for one month. By Yoruk Bahceli, Tom Westbrook, Naomi Rovnick and Chuck Mikolajczak.
-The Trump administration's plans for trade tariffs come with inflation risks, three Federal Reserve officials warned on Monday, with one arguing that uncertainty over the outlook for prices calls for slower interest-rate cuts than otherwise.
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.