BioMarin Pharmaceutical (BMRN) said Monday that it plans to launch an $850 million offering of senior unsecured notes due 2034. The company said it has also launched the syndication of a new $2 billion senior secured term loan B facility in connection with the pending acquisition of Amicus Therapeutics.
The US dollar fell against its major trading partners early Monday as focus turns to the policy setting two-day Federal Open Market Committee meeting conclusion Wednesday and the potential for another government shutdown at the end of the week.
Onity Group Inc. (ONIT) today announced that its subsidiaries PHH Corporation and PHH Escrow Issuer LLC launched an offering of $150 million aggregate principal amount of 9.875% Senior Notes due 2029, subject to market and other conditions.
The TSX equity index plunged early last week on tensions between Europe and the United States over Greenland, said TD. It staged a relief rally, more than fully recouping those losses after President Donald Trump eased fears of military action in the region and a renewed trade war with Europe.
The benchmark US stock measures were pointing lower before the opening bell Monday as traders await earnings from major technology companies and a key policy decision by the Federal Reserve later in the week. The S&P 500 declined 0.2%, the Dow Jones Industrial Average was slightly in the red and the Nasdaq decreased 0.3% in premarket activity.
MKS Inc. (MKSI) today announced that it intends to offer ?1.0 billion aggregate principal amount of senior notes due 2034 in a private offering. The notes will be unsecured, senior obligations of MKS, and will be guaranteed on a senior unsecured basis by certain subsidiaries of MKS.
Canada's economic calendar kicks off the week with the Bank of Canada's first meeting of 2026 on Wednesday, where no change to the overnight rate is expected, said RBC. At December's policy meeting, Governor Tiff Macklem reiterated the BoC's holding bias, contingent on moderate growth and stabilizing inflation.
US equity investors will focus on a flood of quarterly earnings, including from big tech, while keeping an eye on Federal Reserve policy announcements this week. * The main emphasis will be on Magnificent-7 as the group remains, collectively on an equal weight basis, below its closing level at the end of last year, as reflected by the Roundhill Magnificent Seven ETF.
Societe Generale in its early Monday economic news summary pointed out: -- The US dollar swoons as Japan ups intervention rhetoric, Asia/USD bid led by yen and South Korea's KRW. -- New York Fed checked yen spot rates on Friday, signaling coordination with Japan. -- Week ahead: Federal Reserve, Sweden's Riksbank and Bank of Canada forecast to stand pat.
Bitcoin and major tokens weakened Sunday as markets positioned ahead of the Federal Reserve?s next rate decision and a heavy slate of Magnificent Seven earnings.
Some of the biggest names in finance and politics made headlines this week. Scott Bessent, the U.S. Treasury Secretary, criticized the Federal Reserve for several ethical lapses and policy missteps. Bessent pointed to ?mistimed asset purchases? as the primary reason for the $100 billion annual loss.
US equity indexes fell this week as threats of a trade war with Europe exacerbated a move in Treasuries following seismic shifts in government bond yields from Japan, one of the world's biggest holders of US debt. * The S&P 500 closed at 6,915.61 on Friday versus 6,940.01 a week ago.
Major US equity indexes were mixed Friday amid a gain in consumer sentiment, while silver rose to a record topping $102 an ounce. * The University of Michigan consumer sentiment index rose to 56.4 in January from 52.9 in December. * The January flash reading of manufacturing conditions from S&P Global rose to 51.9 from 51.8 in December, compared with the 52.0 anticipated in a Bloomberg poll.
Munis were the best-performing U.S. fixed-income asset class through the first three weeks of January, but the strong performance has created some problems, Barclays (BCS) strategists said.
Financial stocks were lower in late Friday afternoon trading, with the NYSE Financial Index decreasing 0.9% and the State Street Financial Select Sector SPDR ETF dropping 1.4%. The Philadelphia Housing Index was falling 1.7%, and the State Street Real Estate Select Sector SPDR ETF was up 0.4%. Bitcoin was increasing 0.4% to $89,878, and the yield for 10-year US Treasuries shed 1 basis point to ...
RBC Capital Markets said USD/CAD has formed a short-term bearish trend reversal, while it continues to expect CAD/CLP and CAD/NOK to fall in the first half, with next week's Bank of Canada events unlikely to change those dynamics.
Financial stocks were lower in late Friday afternoon trading, with the NYSE Financial Index decreasing 0.9% and the State Street Financial Select Sector SPDR ETF dropping 1.4%. The Philadelphia Housing Index was falling 1.7%, and the State Street Real Estate Select Sector SPDR ETF was up 0.4%. Bitcoin was increasing 0.4% to $89,878, and the yield for 10-year US Treasuries shed 1 basis point to ...
Financial stocks were lower in Friday afternoon trading, with the NYSE Financial Index decreasing 0.9% and the State Street Financial Select Sector SPDR ETF dropping 1.5%. The Philadelphia Housing Index was falling 1.8%, and the State Street Real Estate Select Sector SPDR ETF was up 0.1%. Bitcoin was increasing 1.5% to $90,730, and the yield for 10-year US Treasuries was slightly higher at 4.25...
Financial stocks were lower in Friday afternoon trading, with the NYSE Financial Index decreasing 0.9% and the State Street Financial Select Sector SPDR ETF dropping 1.5%. The Philadelphia Housing Index was falling 1.8%, and the State Street Real Estate Select Sector SPDR ETF was up 0.1%. Bitcoin was increasing 1.5% to $90,730, and the yield for 10-year US Treasuries was slightly higher at 4.25...
US consumer sentiment improved to the highest reading since August as year-ahead inflation expectations reached a 12-month low, final University of Michigan survey results showed Friday. The main sentiment index rose to 56.4 in January from 52.9 in December.
New Jersey says the Lakewood Township School District failed to deliver an adequate education. The district says it is shortchanged by state funding formulas.
American households are starting 2026 on firmer footing, with sentiment ticking up to its highest level in five months and inflation worries slipping to levels not seen since early 2025, just as food prices tumble across grocery aisles.
The University of Michigan consumer sentiment index was revised up Friday to a reading of 56.4 for January from the 54.0 print in the preliminary estimate, compared with expectations for no revision in a survey compiled by Bloomberg. That was still above the final reading of 52.9 in December.
Canadian new home prices continued to slip in December, Bank of Montreal noted. Among highlights, BMO noted the house-only component of the index dropped 0.2% month over month from the previous month, pushing the year-ago contraction lower still and pointing to further relief in homeowners' replacement costs in January, noted the bank.
The upcoming Bank of Canada meeting on Wednesday will take place against a backdrop of softening Canadian data, with the labor market still showing signs of slack, said UBS.
The main US stock measures were pointing lower before the opening bell Friday as traders digest the latest economic data and chipmaker Intel's (INTC) quarterly results and outlook. The S&P 500 and the Nasdaq edged down 0.1% each in premarket activity while the Dow Jones Industrial Average was off 0.2%. The indexes finished the previous trading session in the green.
Kazakhstan's central bank Friday said it kept its base rate unchanged at 18.00%, as inflation risks remain elevated. ING said NBK's was in line with consensus. The bank predicts inflation in 2026 to trend toward the upper end of the NBK's official forecast range of 9.5%-12.5%. This limits the scope for meaningful rate cuts from current levels.
Asian stock markets largely gained on Friday on declining geopolitical tensions in Europe, and on signs of moderation from the two major regional central banks, the Bank of Japan and the People's Bank of China. Hong Kong, Shanghai and Tokyo finished in the green, as did most other regional exchanges.
MCLEAN, VA / ACCESS Newswire / January 22, 2026 / Gladstone Commercial Corporation (GOOD) is pleased to report another successful year of investing, leasing, and disposition activity in the net lease space. Issuance of Senior Unsecured Notes: ? In December 2025, we closed on an $85.0 million private placement of 5.99% senior unsecured notes due December 15, 2030.
After Mayor Brandon Johnson split the city's $260 million advance pension payment, more than 30 aldermen introduced a resolution calling for a special hearing.
"Of all these headlines, there's no direct concern for the muni market or municipal issuers. It's just tangential concerns of what this does for the economy and rates," said Brad Libby, fixed income credit analyst at Wellington Management and a fixed income portfolio manager with Hartford Funds.
Financial stocks were advancing in late Thursday afternoon trading, with the NYSE Financial Index up 0.4% and the State Street Financial Select Sector SPDR ETF increasing 0.5%. The Philadelphia Housing Index was down 0.8%, and the State Street Real Estate Select Sector SPDR ETF shed 0.9%. Bitcoin was up fractionally to $89,449, and the yield for 10-year US Treasuries was slightly lower at 4.25%...
Financial stocks were advancing in late Thursday afternoon trading, with the NYSE Financial Index up 0.4% and the State Street Financial Select Sector SPDR ETF increasing 0.6%. The Philadelphia Housing Index was down 0.8%, and the State Street Real Estate Select Sector SPDR ETF shed 0.7%. Bitcoin was adding 0.5% to $89,844, and the yield for 10-year US Treasuries was slightly lower at 4.25%. In...
Observers said the Supreme Court likely will allow Federal Reserve Gov. Lisa Cook to remain at her post while she challenges her purported removal by President Donald Trump. But her continued presence would slow, rather than stop, the president's quest for a voting majority on the central bank board.
Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index up 0.8% and the State Street Financial Select Sector SPDR ETF increasing 0.7%. The Philadelphia Housing Index was down 0.5%, and the State Street Real Estate Select Sector SPDR ETF eased 0.1%. Bitcoin was decreasing 0.1% to $89,316, and the yield for 10-year US Treasuries was steady at 4.25%. In economi...
Maryland Governor Wes Moore unveiled his $70.8 billion budget proposal that is designed to close a $1.5 billion gap via cuts, fund transfers and swaps of bonds for cash.
Weekly applications for unemployment insurance largely held steady after slipping below the 200,000 level earlier this month, while continuing claims fell to the lowest since November. For the week through Jan. 17, the seasonally adjusted number of initial claims rose by 1,000 to 200,000, the Department of Labor said Thursday.
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.