* AUD, NZD bounce as stock market mood recovers. * US yields higher on data and debt outlook. * BoE likely to strike a dovish tone at 1200 GMT. By Tom Westbrook.
Major stock indexes fell sharply on Thursday, with technology and consumer discretionary shares leading losses in the S&P 500, while the?British pound firmed after the Bank of England opted against an interest rate cut.
The U.S. dollar fell against the euro and Swiss franc for a second straight session on Thursday as data showed weakness in the U.S. labor market, increasing expectations of another rate cut this year. Meanwhile, sterling rose after the Bank of England kept rates unchanged ahead of this month's budget.
* AUD, NZD bounce as stock market mood recovers. * US yields higher on data and debt outlook. * BoE likely to strike a dovish tone at 1200 GMT. By Tom Westbrook.
Mattel, Inc. (MAT) announced today the pricing of its underwritten public offering of $600,000,000 aggregate principal amount of 5.000% Senior Notes due 2030. The Company intends to use the net proceeds of the Offering, together with cash on hand, to redeem all of its outstanding 3.375% Senior Notes due 2026, and to pay related fees and expenses.
Japan's services sector extended its robust growth in October, despite the slowest growth in new orders in 16 months and a resurgence in inflationary pressures, a private-sector survey showed on Thursday.
Argentina may not ultimately need a bank loan, JPMorgan Chase CEO Jamie Dimon said on Wednesday, adding Argentine President Javier Milei is doing a good job overhauling the country's troubled economy. "There is around $100 billion of foreign capital that may well come back to Argentina," Dimon said in a wide-ranging interview with Reuters in Detroit.
Bank of Canada Governor Tiff Macklem said on Wednesday the proposals in the federal budget to enhance the country's productivity will yield results if they are executed well. "These things are pointing in the right direction, but it's going to come down to execution," he said, while answering questions during a testimony before the House of Commons Standing Committee on Finance.
* Wall Street stocks end higher. * US private payrolls data exceeds expectations. * Bitcoin up after Tuesday's losses. By Caroline Valetkevitch. Major stock indexes gained on Wednesday as corporate earnings and U.S. private payrolls data were stronger than expected, while Treasury yields surged following the day's economic data.
Apollo Global Management, Inc. (APO) today announced that it has priced an offering of $400 million aggregate principal amount of its 4.600% Senior Notes due 2031 and an additional $350 million aggregate principal amount of its 5.150% Senior Notes due 2035.
US equity indexes rose on Wednesday as leadership returning to communication services and consumer discretionary signals that the sell-off in the previous trading session represented profit-taking driven by correction warnings rather than a fundamental market shift.
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B and the Long-Term ICR of ?bb? of Tower Bonding and Surety Co., Inc.. The outlook of the FSR is stable.
Program Assists Disabled Military Veterans and Gold Star Families with Housing Needs. A Killeen, Texas, Army veteran and his family are now living in a safer, more secure home thanks to a $22,000 grant from the Federal Home Loan Bank of Dallas and First National Bank Texas. This press release features multimedia.
U.S. stocks and bond yields rose on Wednesday on surprisingly strong job growth and service sector data, which suggests the economy is in decent shape and calls into question how much lower the Federal Reserve needs to cut interest rates.
The U.S. Federal Reserve announced on Wednesday it had finalized a revised framework for how it grades large banks, which will make it easier for firms to maintain a passing grade.
U.S. stocks and bond yields rose on Wednesday on surprisingly strong job growth and service sector data, which suggests the economy is in decent shape and calls into question how much lower the Federal Reserve needs to cut interest rates.
The U.S. Federal Reserve announced on Wednesday it had finalized a revised framework for how it grades large banks, which will make it easier for firms to maintain a passing grade.
STAMFORD, Conn. Third Quarter 2025 Financial Highlights: Updated Outlook: This outlook is based on?Tronox's (TROX) views on current global economic activity and is subject to changes and impacts associated with the macroeconomic conditions, global supply chain, and inflation-related challenges, among others.
RAPID CITY, S.D., Nov. 05, 2025 -- Black Hills Corp. (BKH) today announced financial results for the third quarter ended Sept. 30, 2025. Third quarter GAAP EPS was $0.34 compared to $0.35 in 2024. Year-to-date GAAP EPS was $2.58 compared to $2.52 in the same period in 2024.
MINNEAPOLIS, Nov. 5, 2025 ?Polaris Inc. (PII) today announced the pricing of an underwritten public offering of senior notes consisting of $500 million aggregate principal amount of its 5.600% senior notes due 2031. The sale of the notes is expected to close on November?13, 2025, subject to the satisfaction of customary closing conditions.
?? Corporate Credit Rating Upgraded to Investment-Grade? ?? Reduced Net Debt by $2 Billion Since Q3?24 and Increased Liquidity to $1.1 Billion ?? Executed $1.8 Billion Refinancing of Revolving Credit Facility, Lowering Cost of Capital and Extending Weighted Average Debt Maturity ?? Repurchased 12.1 Million Shares Year-to-Date at a Weighted Average Price of $7.59, Totaling $92 Million ?? Raises ...
While the market navigates a surge in supply, another focus area has become elections and their potential to shift market demand, as several regional election results will likely garner greater attention over the next few months, said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Central States Indemnity Co. of Omaha, and its subsidiary, CSI Life Insurance Company, collectively referred to as CSI.
DENVER---- Voyager Technologies, Inc. (VOYG) today announced its intention to offer, subject to market and other conditions, $300 million aggregate principal amount of convertible 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.
Argentina may not ultimately need a bank loan, JPMorgan CEO Jamie Dimon said on Wednesday, adding Argentine President Javier Milei is doing a good job overhauling the country's troubled economy. "There is around $100 billion of foreign capital that may well come back to Argentina.
JPMorgan CEO Jamie Dimon said on Wednesday he believes the U.S. Federal Reserve will continue to be independent, the top executive of the biggest U.S. bank told Reuters.
Financial stocks rose in late Wednesday afternoon trading, with the NYSE Financial Index up 0.5% and the Financial Select Sector SPDR Fund adding 0.6%. The Philadelphia Housing Index fell 0.8%, and the Real Estate Select Sector SPDR Fund edged up 0.2%. Bitcoin rose 4.1% to $104,512, and the yield for 10-year US Treasuries rose 6.6 basis points to 4.16%. In economic news, employment in the US pr...
U.S. Supreme Court justices raised doubts on Wednesday over the legality of President Donald Trump's sweeping tariffs in a case with implications for the global economy that marks a major test of Trump's powers.
Most Latin American currencies and
stocks rose on Wednesday, as risk-on sentiment returned to
global markets following a sell-off in the previous session,
while investors awaited Brazil's ...
* Economic data erodes confidence in Fed rate cuts. * Treasury considers future increases in coupon debt issues. * U.S. Supreme Court hears arguments on Trump's tariffs. By Davide Barbuscia.
* * US private payrolls data exceeds expectations. * Bitcoin up after Tuesday's losses. By Caroline Valetkevitch. Stock indexes gained on Wednesday as technology-related shares rebounded and as U.S. private payrolls data was stronger than expected, while Treasury yields gained. The Nasdaq was more than 1% higher in late-afternoon trading.
Financial stocks rose in late Wednesday afternoon trading, with the NYSE Financial Index up 0.5% and the Financial Select Sector SPDR Fund adding 0.6%. The Philadelphia Housing Index fell 0.8%, and the Real Estate Select Sector SPDR Fund edged up 0.2%. Bitcoin rose 4.1% to $104,512, and the yield for 10-year US Treasuries rose 6.6 basis points to 4.16%. In corporate news, Hudson Pacific Propert...
Bristol-Myers Squibb (BMY) said Wednesday it priced a public offering of 5 billion euros of senior unsecured notes. The notes will be issued by the company's subsidiary BMS Ireland Capital Funding Designated Activity Company.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of AzRe Reinsurance, OJSC. The ratings reflect AzRe?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and marginal enterprise risk management.
Bristol Myers Squibb (BMY) today announced that it has priced a public offering of senior unsecured notes in a combined aggregate principal amount of ?5 billion. On November 3, 2025, Bristol Myers Squibb (BMY) commenced a tender offer to purchase, for cash, various series of its outstanding notes.
Fed Governor Stephen Miran said in an interview with Yahoo Finance that he believes it would be appropriate for the FOMC to continue lowering interest rates at its December meeting despite the lack of government data releases, indicating that he would like to get the policy rate closer to neutral quickly.
An uncertain financial future partially due to federal government downsizing is compounding with nearly $6 billion of unfunded capital needs that will require Washington D.C. to lean on asset management and its strong credit rating to overcome the challenges.
Financial stocks advanced in Wednesday afternoon trading with the NYSE Financial Index rising 0.7% and the Financial Select Sector SPDR Fund adding 0.5%. The Philadelphia Housing Index fell 0.5%, and the Real Estate Select Sector SPDR Fund edged up 0.1%. Bitcoin rose 2.4% to $103,934, and the yield for 10-year US Treasuries gained 6 basis points to 4.15%. In corporate news, Lemonade shares surg...
The federal budget bill lowered the percentage of private-activity bonds needed for affordable housing projects to qualify for 4% tax credits, but it hasn't been the boon expected.
The US services sector returned to expansion in October, the Institute for Supply Management said Wednesday, while a survey by S&P Global (SPGI) indicated faster growth sequentially amid demand strength. The ISM's purchasing managers' index rose to 52.4 last month from 50 in September.
The Swiss National Bank expects inflation to remain in the desired range with current interest rates, governing board member Petra Tschudin said on Thursday, echoing statements from earlier in the week.
-Federal Reserve Governor Stephen Miran reiterated on Wednesday that he believes the current level of short-term rates is too restrictive and is creating risks for the U.S. economy. "I think policy is too restrictive and that we're too far above where neutral rates would be," Miran said in an interview on Yahoo Finance's website.
Freddie Mac today posted its 2026 funding calendar, which provides optional announcement dates for Reference Notes? securities and announcement dates for Reference Bills? securities.
The European stock markets closed higher in Wednesday trading as the Stoxx Europe rose 0.25%, Germany's DAX gained 0.42%, the FTSE 100 in London advanced 0.64%, France's CAC edged 0.08% higher, and the Swiss Market Index was up 0.46%. The euro area economy saw its strongest expansion in October since May 2023, as the seasonally adjusted HCOB Eurozone Composite PMI Output Index rose to 52.5 from...
The lawyer representing Donald Trump's administration faced tough questions from conservative and liberal U.S. Supreme Court justices on Wednesday over the legality of the Republican president's sweeping tariffs in a case with implications for the global economy that marks a major test of Trump's powers.
Federal Reserve Governor Stephen Miran reiterated on Wednesday that he believes the current level of short-term rates is too restrictive and is creating risks for the U.S. economy. "I think policy is too restrictive and that we're too far above where neutral rates would be," Miran said in an interview on Yahoo Finance's website.
Poland's central bank said Wednesday its Monetary Policy Council decided to reduce interest rates by 25bps, as expected: -- reference rate at 4.25% on an annual basis; -- lombard rate at 4.75% on an annual basis; -- deposit rate at 3.75% on an annual basis; -- rediscount rate at 4.30% on an annual basis; -- discount rate 4.35% on an annual basis. MT Newswires does not provide investment advice.
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.