Arbor Realty Trust, Inc. (ABR) today announced that its subsidiary, Arbor Realty SR, Inc., has priced an offering of $500 million aggregate principal amount of 7.875% Senior Notes due 2030 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, and outside the United States to non-United States perso...
Capital Southwest Corporation (CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced that Fitch Ratings has affirmed Capital Southwest?s investment grade long-term issuer rating of BBB- with a stable outlook.
Financial stocks declined in late Wednesday afternoon trading, with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund shedding 0.2%. The Philadelphia Housing Index rose 0.8%, while the Real Estate Select Sector SPDR Fund advanced 0.1%. Bitcoin climbed 3.6% to $109,552, and the yield for 10-year US Treasuries gained 4.2 basis points to 4.29%. In economic news, Automa...
Financial stocks fell in late Wednesday afternoon trading with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund shedding 0.2%. The Philadelphia Housing Index rose 0.8%, while the Real Estate Select Sector SPDR Fund advanced 0.1%. Bitcoin climbed 3.6% to $109,552, and the yield for 10-year US Treasuries gained 4.2 basis points to 4.29%. In economic news, Automatic D...
Veon (VEON) said Wednesday it completed the pricing of a $200 million private placement of senior unsecured notes due 2029 with institutional investors. The notes, issued by Veon MidCo B.V., are priced at par and carry an annual interest rate of 9%. Settlement is expected on July 15. Veon (VEON) said it will use the proceeds for general corporate purposes and to optimize its capital structure.
Dubai, July 2, 2025: VEON Ltd. (VEON), a global digital operator, announces today that it has completed the pricing of a private placement of USD 200 million of senior unsecured notes due in 2029 with institutional investors, following its announcement on June 16, 2025 that it is considering options to raise external financing through a private placement.
National Bank of Canada on Wednesday maintained an outperform rating and $15.00 price target on the shares of Snowline Gold (SNWGF), following the company's announcement of a new reduced-intrusion related gold system discovery and an update on its 2025 field program.
Financial stocks were decreasing in Wednesday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund each shedding about 0.4%. The Philadelphia Housing Index was up 0.4%, while the Real Estate Select Sector SPDR Fund was easing 0.3%. Bitcoin was up 3.2% at $109,705, and the yield for 10-year US Treasuries was rising 5.3 basis points to 4.30%. In economic news...
Performance Shipping Inc. (PSHG) announced today that it has successfully placed USD 100 million of bonds in the Nordic bond market. The net proceeds from the bond issue shall be used for tanker acquisitions or bond repurchases.
Financial stocks were decreasing in Wednesday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund each shedding 0.4%. The Philadelphia Housing Index was up 0.4%, and the Real Estate Select Sector SPDR Fund was easing 0.3%. Bitcoin was increasing 3.2% to $109,705, and the yield for 10-year US Treasuries was rising 5.3 basis points to 4.30%. In economic news...
European stock markets closed mostly higher Wednesday as the Stoxx Europe 600 gained 0.13%, Germany's DAX 40 climbed 0.41%, France's CAC rose 1.04%, and the Swiss Market Index increased 0.16%. The FTSE 100 eased 0.13%. The euro area seasonally adjusted unemployment rate was 6.3% in May, up from 6.2% in April and down from 6.4% a year earlier, according to Eurostat, the statistical office of the...
B2Gold (BTG) maintained its stock ratings and price targets at both RBC Capital Markets and National Bank as the company achieved the first gold pour at the Goose project in Nunavut. The company retained its Sector Perform rating and US$4.50 price target at RBC, which described the first gold pour as "a significant milestone" for the project, with commercial production guided for Q3 2025.
DeFi Development Corp. (DFDV), the first public company with a treasury strategy built to accumulate and compound Solana, today announced the pricing of its upsized private offering of $112.5 million aggregate principal amount of 5.5% convertible senior notes due 2030, to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amen...
The U.S. labor market is flashing a rare warning sign after private sector payrolls fell in June for the first time in over two years, raising concerns about the economy?s health and increasing bets on Federal Reserve interest rate cuts. Private employers cut 33,000 jobs last month, according to the ADP National Employment Report released Thursday.
Integrated tools and exclusive benefits empowering millions of entrepreneurs across both platforms to seamlessly source products and drive sales worldwide? NEW YORK ? Alibaba.com, a leading global business-to-business marketplace, and Wix.com Ltd. (WIX), the leading SaaS website builder platform globally1, today announced a strategic partnership aimed at empowering digital entrepreneurs, new busines...
ADP's monthly measure of private payrolls showed a 33,000 decrease in June, compared with expectations compiled by Bloomberg for an increase of 98,000 jobs.
Yorkville, Illinois, defaulted on special district bonds for Kendall Marketplace, a shopping center that never evolved into the expected retail powerhouse.
DeFi Development Corp. (DFDV), the first public company with a treasury strategy built to accumulate and compound Solana, today announced the pricing of its upsized private offering of $112.5 million aggregate principal amount of 5.5% convertible senior notes due 2030, to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amen...
Inflation related to President Donald Trump's widespread tariff rollout is still likely, but it may be less severe than originally thought. Following Trump's move to announce import duties on dozens of countries on April 2, a date the president called "liberation day," inflation expectations rose among Federal Reserve policymakers as well as private-sector economists.
Jerome Powell, the Chair of the Federal Reserve, indicated that the central bank would have implemented a more lenient monetary policy if not for President?Donald Trump?s tariff strategy. What Happened: Powell made the revelation during a panel discussion on Tuesday.
"The decision is in line with the Eurosystem?s commitment to supporting innovation without compromising on safety and efficiency in financial market infrastructures," a release said.
The Nasdaq Composite and the S&P 500 fell from record levels as investors weighed Federal Reserve Chair Jerome Powell's latest remarks and June manufacturing data. The Nasdaq retreated 0.8% to 20,202.9, while the S&P 500 fell 0.1% to 6,198, after two consecutive days of record closing highs. The Dow Jones Industrial Average rose 0.9% to 44,494.9, up for the fourth session in a row.
US benchmark equity indexes closed mixed on Tuesday after Federal Reserve Chair Jerome Powell said the central bank held off on cutting interest rates in response to tariffs announced by President Donald Trump.
Carnival said Tuesday it has priced a private offering of $1 billion euros of 4.125% senior unsecured notes due 2031. Proceeds will be used to fully repay borrowings under a first-priority senior secured term loan facility maturing in 2027 and to repay part of borrowings under a first-priority senior secured term loan facility maturing in 2028, the company said.
DeFi Development Corp. (DFDV), the first US public company with a treasury strategy built to accumulate and compound Solana, today announced that it intends to offer, subject to market conditions and other factors, $100 million aggregate principal amount of convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 14...
US benchmark equity indexes were mixed on Tuesday after Federal Reserve Chair Jerome Powell blamed high import tariffs for the central bank's decision to hold off on cutting interest rates, while government bond yields climbed following stronger-than-expected job openings data.
"We are entering a period during the summer months in which demand historically outweighs very limited supply, resulting in a supportive performance environment but more limited investment opportunities," said J. Robert Lind of Lind Capital Partners.
Financial stocks rose in late Tuesday afternoon trading, with the NYSE Financial Index gaining 0.4% and the Financial Select Sector SPDR Fund adding 0.6%. The Philadelphia Housing Index climbed 3.8%, and the Real Estate Select Sector SPDR Fund rose 0.9%. Bitcoin fell 1.3% to $105,815, and the yield for 10-year US Treasuries rose 2 basis points to 4.25%. In regulatory news, President Donald Trum...
US benchmark equity indexes are on track to close mixed on Tuesday after Federal Reserve Chair Jerome Powell said that President Donald Trump's tariffs have delayed a cut in interest rates.
Financial stocks advanced in late Tuesday afternoon trading with the NYSE Financial Index gaining 0.4% and the Financial Select Sector SPDR Fund adding 0.6%. The Philadelphia Housing Index climbed 3.8%, and the Real Estate Select Sector SPDR Fund rose 0.9%. Bitcoin fell 1.3% to $105,815, and the yield for 10-year US Treasuries rose 2 basis points to 4.25%. In regulatory news, President Donald T...
US job openings unexpectedly rose in May, government data showed Tuesday, as markets await a key employment report to be released later this week. Vacancies increased to about 7.77 million as of the last day of May from 7.4 million the month before, according to the Bureau of Labor Statistics' job openings and labor turnover survey.
Financial stocks advanced in Tuesday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund both gaining 0.6%. The Philadelphia Housing Index rose 3.8%, and the Real Estate Select Sector SPDR Fund added 0.9%. Bitcoin fell 1.4% to $106,286, and the yield for 10-year US Treasuries rose 2.3 basis points to 4.25%. In regulatory news, President Donald Trump's Depar...
US benchmark equity indexes were mixed intraday as markets parsed remarks by Federal Reserve Chair Jerome Powell and latest manufacturing sector data. The Nasdaq Composite was down 0.6% at 20,250.7 after midday Tuesday, while the S&P 500 fell 0.1% to 6,198.8. The Dow Jones Industrial Average rose 0.9% to 44,482.
JPMorgan Asset Management is doubling down on active fixed income with the introduction of its newest product, the JPMorgan Mortgage-Backed Securities ETF (JMTG). The launch follows on the heels of its record-breaking Active High Yield ETF, which debuted with a record $2 billion in initial assets, the biggest active ETF launch to date.
Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index up 0.4% and the Financial Select Sector SPDR Fund ahead 0.5%. The Philadelphia Housing Index was climbing 3.9%, and the Real Estate Select Sector SPDR Fund was adding 0.9%. Bitcoin was declining 1.4% to $106,286, and the yield for 10-year US Treasuries was rising 2.3 basis points to 4.25%. In regulatory ...
US equity indexes traded mixed in midday trading on Tuesday as Federal Reserve Chair Jerome Powell blamed punitive import tariffs for the continued pause in monetary policy easing and as government bond yields jumped after job openings rose more than forecast. The Nasdaq fell 0.6% to 20,252.5 after hitting an all-time high of 20,418.31 on Monday.
Two surveys released Tuesday painted a mixed picture of the US manufacturing sector for June, with Institute for Supply Management data showing a fourth straight monthly contraction and S&P Global (SPGI) indicating faster expansion month on month. The ISM purchasing managers' index edged up to 49 last month from 48.5 in May. A reading below 50 indicates the manufacturing sector is generally contracting.
US equity indexes traded mixed while most government bond yields rose in midday trading on Tuesday. The Nasdaq fell 0.8% to 20,208.1 after hitting an all-time high of 20,418.31 on Monday. All sectors except for communication services and technology rose intraday.
The S&P 500 and the Nasdaq Composite fell in late morning trading, while the Dow Jones Industrial Average rose as investors assessed remarks by Federal Reserve Chair Jerome Powell. Powell said President Donald Trump's sweeping tariffs prompted the Fed to hold off on cutting interest rates 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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