Financial stocks were mixed in late Monday afternoon trading, with the NYSE Financial Index down 0.1% and the Financial Select Sector SPDR Fund adding 0.3%. The Philadelphia Housing Index was increasing 0.7%, and the Real Estate Select Sector SPDR Fund rose 0.2%. Bitcoin was rising 1.7% to $114,092, and the yield for 10-year US Treasuries fell 5 basis points to 4.14%. In economic news, pending ...
Financial stocks were mixed in late Monday afternoon trading, with the NYSE Financial Index down 0.1% and the Financial Select Sector SPDR Fund adding 0.3%. The Philadelphia Housing Index was increasing 0.7%, and the Real Estate Select Sector SPDR Fund rose 0.2%. Bitcoin was rising 1.7% to $114,092, and the yield for 10-year US Treasuries fell 5 basis points to 4.14%. In economic news, pending ...
-Wall Street indexes closed up on Monday with the Nasdaq?leading gains as investors bought heavyweight technology stocks and shrugged off the uncertainty of a potential U.S. government shutdown and hawkish remarks from Federal Reserve officials.
Once Upon A Farm, PBC: * ONCE UPON A FARM PBC - FILES FOR IPO - SEC FILING. * ONCE UPON A FARM PBC - TO LIST ON NYSE AS "OFRM" - SEC FILING. * ONCE UPON A FARM PBC - GOLDMAN SACHS & CO. LLC, J.P. MORGAN, BOFA SECURITIES, WILLIAM BLAIR ARE UNDERWRITERS TO IPO. * ONCE UPON A FARM PBC: BARCLAYS, EVERCORE ISI, DEUTSCHE BANK SECURITIES & OPPENHEIMER & CO. ARE UNDERWRITERS TO IPO.
The Dallas Federal Reserve's monthly manufacturing reading fell to minus 8.7 in September from minus 1.8 in August. The National Association of Realtors' pending home sales index jumped by 4% in August, above expectations for a flat reading. The NAR's existing-home sales data for September are scheduled for release on Oct. 23. MT Newswires does not provide investment advice.
Shares of Beyond Meat (BYND) slumped to a record low on Monday after the maker of plant-based meat launched an exchange offer for convertible bonds to cut more than $800 million in debt. The stock was last down 32.1% at $1.93, after falling as low as $1.23. The company last month posted a revenue drop and a wider-than-expected loss, citing weak U.S. consumer demand.
St. Louis Federal Reserve President Alberto Musalem said he was open to further interest rate cuts but the Fed must be cautious and keep rates high enough to continue to lean against inflation that remains roughly a percentage point above the central bank's 2% target.
-Federal Reserve Bank of New York President John Williams said on Monday that emerging signs of weakness in the labor market drove his support for cutting interest rates at the most recent central bank meeting.
Financial stocks were mixed in Monday afternoon trading, with the NYSE Financial Index down 0.1% and the Financial Select Sector SPDR Fund adding 0.1%. The Philadelphia Housing Index was increasing 0.1%, and the Real Estate Select Sector SPDR Fund eased 0.1%. Bitcoin was rising 3% to $113,918, and the yield for 10-year US Treasuries was falling 5 basis points to 4.14%. In economic news, pending...
National Bank of Canada on Monday maintained its outperform rating on the shares of Cineplex (CPXGF) while cutting its target price to $13.00 from $13.50 as it provided a preview for the company's third-quarter results. The bank noted that box office in July was up 0.4% and down 27% in August and said it estimates it to grow 8.5% in September and fall 8.5% for Q3 to $160 million.
US equity indexes traded mixed while government bond yields fell after midday Monday, ahead of the looming shutdown of the federal government. The Nasdaq Composite rose 0.5% to 22,596.1, and the S&P 500 climbed 0.2% to 6,657.2. The Dow Jones Industrial Average, however, slipped 0.2% to 46,168.3. Energy was the standout decliner intraday, while technology and consumer discretionary led the gainers.
Financial stocks were mixed in Monday afternoon trading, with the NYSE Financial Index down 0.1% and the Financial Select Sector SPDR Fund adding 0.1%. The Philadelphia Housing Index was increasing 0.1%, and the Real Estate Select Sector SPDR Fund was up 0.1%. Bitcoin was rising 1.3% to $113,651, and the yield for 10-year US Treasuries was dropping 5 basis points to 4.14%. In corporate news, Bl...
Shares of Wells Fargo (WFC) and US Bancorp (USB) have limited upside potential, Morgan Stanley said in a note as the brokerage downgraded ratings on both banks to equal-weight from overweight. Wells Fargo (WFC) had been subject to asset growth restrictions for more than seven years, before the Federal Reserve removed that requirement in June.
The U.S. Labor and Commerce departments said on Monday that their statistics agencies would halt economic data releases in the event of a partial government shutdown, including closely watched employment data for September, construction spending and possibly international trade data for August.
* US funding lapse to halt Labor, Commerce departments' data activities. * Prolonged shutdown could impact third-quarter US GDP estimate. * September jobs data, August trade and construction data among first shutdown casualties. * Social Security Cost of Living Adjustment may be delayed if CPI report is postponed. By Lucia Mutikani.
Keyera (KEYUF) said Monday it has closed its offerings of $2.3 billion of senior unsecured notes and $500 million of fixed-to-fixed rate subordinated notes. Proceeds will be used to fund a portion of the purchase price of Keyera's (KEYUF) acquisition of Plains Midstream Canada, which was announced last June.
* Benchmark rate left at 4.5% for 14th straight meeting. * Cenbank staff see 2025 economic growth 2.5%, inflation 3.0% * Governor says prolonged Gaza war would harm economy. By Steven Scheer.
Israel's central bank Monday said its Monetary Committee decided to leave the interest rate unchanged at 4.50%. "In view of the intensification of the fighting in Gaza and a deterioration in international sentiment toward Israel, uncertainty in the geopolitical environment is high," wrote BoI in its policy statement explaining why it kept the rate on hold.
Israel's central bank Monday said its Monetary Committee decided to leave the interest rate unchanged at 4.50%. "In view of the intensification of the fighting in Gaza and a deterioration in international sentiment toward Israel, uncertainty in the geopolitical environment is high," wrote BoI in its policy statement explaining why it kept the rate on hold.
Deloitte Canada expects the economy to "limp along" in Q3 but avoid a technical recession, with growth running below potential. Canada's gross domestic product fell 1.6% year over year in Q2.
* Government shutdown could delay key jobs report. * Fourth-quarter US economic growth could also be impacted. * October rate cut probabilities slightly higher. By Davide Barbuscia.
Brazil's central bank continues to see several signs of resilience in the country's economy, governor Gabriel Galipolo said on Monday. Speaking at an event hosted by Itau BBA in Sao Paulo, Galipolo emphasized that the central bank remains data-dependent and is monitoring whether interest rates are at a sufficiently restrictive level to bring inflation back to target.
* Gold hits record high of $3,831.19 per ounce. * Trump hopes to strike deal to keep government open. * Silver hits more than 14-year high. * Platinum at 12-year high. By Noel John and John Biju.
Sales of previously owned U.S. homes increased solidly in August as lower mortgage rates pulled buyers back into the market, though a softening labor market could curb further gains. The National Association of Realtors said on Monday pending home sales, based on signed contracts, rebounded 4.0% last month.
Sales of previously owned U.S. homes increased solidly in August as lower mortgage rates pulled buyers back into the market, though a softening labor market could curb further gains. The National Association of Realtors said on Monday pending home sales, based on signed contracts, rebounded 4.0% last month.
The Reserve Bank of Australia is scheduled to release its policy statement at 12:30 a.m. ET on Tuesday, bringing this nerve-wracking month of nine G10 central bank meetings to a close --the New Zealand central bank isn't due to meet until next week, said Commerzbank.
Wall Street's main indexes opened higher on Monday, kicking off a potentially turbulent week on a strong footing as investors shrugged off hawkish remarks from a Federal Reserve official and weighed the impact of a looming government shutdown.
Medtronic (MDT) said Monday that its wholly-owned indirect subsidiary has completed a 1.5 billion euros public bond offering, issuing 750 million euros of 2.95% senior notes due 2030 and 750 million euros of 4.2% senior notes due 2045.
The price of gold surged to $3,800 per ounce on Monday, sending the market value of U.S. gold reserves past the $1 trillion mark?but on the government's books, it's still worth pennies in comparison. The U.S. holds 261.5 million troy ounces of gold, or 8,133 metric tons.
The Bank of Israel left short-term interest rates unchanged on Monday after inflation eased further in August, remaining cautious amid economic uncertainty due to the two-year old war between Israel and Palestinian Islamist group Hamas in Gaza. The central bank left its benchmark rate at 4.50% for the 14th meeting in a row.
WASHINGTON, Sept. 29, 2025 Fannie Mae today announced that it has commenced fixed-price cash tender offers for the purchase of any and all of the Connecticut Avenue Securities? Notes listed below, upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of September 29, 2025.
Most expect Colombia's central bank to hold its overnight lending rate at 9.25% on Tuesday, said Scotiabank. First up is consideration of the signals being sent by the Board, which is made up by the minister of finance, who presides over the Board, and six members including the governor, noted the bank.
Multiple municipal bond offerings this week have a high exposure to climate risk, specifically high Flood and Wildfire Scores, according to ICE Climate Data. A $30 million offering from Sea Island, N.J., records a Flood Score of 5.0 out of 5.0, ICE reports.
Ellington Financial Inc (EFC): * ELLINGTON FINANCIAL ANNOUNCES PROPOSED OFFERING OF SENIOR UNSECURED NOTES. * Ellington Financial Inc (EFC) - TO OFFER $400 MILLION IN NOTES DUE 2030 Source text: Further company coverage:
Ellington Financial (EFC) said Monday that it plans to offer $400 million in aggregate principal amount of senior unsecured notes due 2030 through certain of its units. The company said it will fully and unconditionally guarantee the notes.
Viking Holdings Ltd (VIK) today announced that, subject to market and other conditions, its wholly owned subsidiary, Viking Cruises Ltd, launched a private offering of senior unsecured notes in an aggregate principal amount of $1.7 billion, expected to mature in 2033.
Starwood Property Trust (STWD) said Monday that it is offering $500 million aggregate principal amount of its unsecured senior notes due 2031 in a private offering. The company said it plans to use a portion of the net proceeds to finance or refinance, recently completed or future eligible green, social projects.
GALWAY, Ireland, Sept. 29, 2025 Medtronic plc (MDT) announced today that its wholly-owned indirect subsidiary, Medtronic (MDT), Inc., has closed a registered public offering of ?750,000,000 principal amount of 2.950% senior notes due 2030 and ?750,000,000 principal amount of 4.200% senior notes due 2045.
Outstanding bank lending in Brazil continued to lose momentum in August, central bank data showed on Monday, as high interest rates helped cool activity in Latin America's largest economy. Credit growth over the past 12 months slowed to 10.1% in August, down from 10.8% in July.
Ellington Financial Inc. (EFC) today announced that it plans to offer $400 million in aggregate principal amount of senior unsecured notes due 2030 through certain of its subsidiaries.
Outstanding bank lending in Brazil continued to lose momentum in August, central bank data showed on Monday, as high interest rates helped cool activity in Latin America's largest economy. Credit growth over the past 12 months slowed to 10.1% in August, down from 10.8% in July.
Confidence from financing partners underscores Zayo?s strategy and long-term growth trajectory Zayo, a leading communications infrastructure provider, today announced the successful closing of its previously announced Amend and Extend transaction, extending the Company?s corporate debt maturities to 2030 with over 99.8% of existing creditor participation.
* Total to sell 50% of US solar portfolio for $950 million. * Buys 49% of upstream US gas assets for undisclosed sum. * CEO under pressure to lower 18% net debt-to-equity ratio. * Will cut capex by $1 billion annually through 2030. By America Hernandez.
The US dollar fell against its major trading partners early Monday to start a busy week of economic data that concludes with the September employment report Friday, all the while the threat of another government shutdown looms ahead of the Tuesday night deadline.
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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