News Results

  1. CenterPoint Energy, Inc. Announces Pricing of Upsized Offering of $600 Million of 2.875% Convertible Senior Notes Due 2029
    Business Wire | 02/23/26 09:58 PM EST

    CenterPoint Energy, Inc. (CNP) or ?CenterPoint? today announced the pricing of its offering of $600 million aggregate principal amount of its 2.875% Convertible Senior Notes due 2029 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

  2. KBRA Assigns AA+ Rating, Stable Outlook to Triborough Bridge and Tunnel Authority Payroll Mobility Tax Senior Lien Refunding Bonds, Series 2026A
    Business Wire | 02/23/26 06:02 PM EST

    KBRA assigns a long-term rating of AA+ to the Triborough Bridge and Tunnel Authority Payroll Mobility Tax Senior Lien Refunding Bonds, Series 2026A. Concurrently, we affirm the long-term ratings on outstanding Senior Lien PMT Bonds and certain outstanding PMT Bond Anticipation Notes issued with final maturities of greater than three years.

  3. Sallie Mae Sets Date for Annual Meeting of Stockholders
    Business Wire | 02/23/26 04:30 PM EST

    Sallie Mae?, formally SLM Corporation (SLM), today announced its 2026 annual meeting of stockholders will take place on June 16, 2026, at 1 p.m. ET. Additional details will be included in the company?s proxy statement to be filed with the Securities and Exchange Commission in late April. Sallie Mae believes education and life-long learning, in all forms, help people achieve great things.

  4. Majority of States Exceed Revenue Targets, Classified as ?Stable?
    Business Wire | 02/23/26 09:15 AM EST

    Morgan Stanley Investment Management releases annual State of the States Report. Morgan Stanley Investment Management today released the 13th annual State of the States report, which indicates a stable credit outlook for most states and includes analysis of new factors tied to the global economy and the shifting balance between federal funding and state-driven support for national programs.

  5. First Solar Projected to Support Nearly 40,000 American Jobs, Contribute $7.8 Billion to US GDP Annually by 2027
    Business Wire | 02/23/26 09:00 AM EST

    PHOENIX---- A new economic impact study released today by First Solar, Inc. (FSLR), details its estimated contributions to the US economy. This press release features multimedia.

  6. FHLBank Chicago and Spring Bank Award Grants to Strengthen Affordable Housing Talent Pipeline in Milwaukee and Increase Housing Supply
    Business Wire | 02/23/26 07:03 AM EST

    The Federal Home Loan Bank of Chicago, in partnership with member Spring Bank, Brookfield, Wis., last week presented two Community First? Developer Program awards to Milwaukee-based developers AK Development and Milwaukee Development Corporation. This press release features multimedia.

  7. Lumen Ratings Upgraded by Top 3 Global Ratings Agencies
    Business Wire | 02/23/26 06:55 AM EST

    Upgrades reflect strengthened balance sheet, improved liquidity profile, and disciplined execution against its financial and strategic priorities Lumen Technologies (LUMN) today announced that it has received upgraded ratings from all three major global ratings agencies ? Fitch Ratings, Moody?s Investor Service, and S&P Global ? marking a significant milestone in the company?s multi-year financial and...

  8. AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of CL Life and Annuity Insurance Company
    Business Wire | 02/20/26 03:35 PM EST

    AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of CL Life and Annuity Insurance Company.

  9. AM Best Upgrades Credit Ratings for RLI Corp. and Its Subsidiaries
    Business Wire | 02/20/26 02:01 PM EST

    AM Best has upgraded the Financial Strength Rating to A++ from A+ and the Long-Term Issuer Credit Ratings to ?aa+? from ?aa? for the members of RLI Group. The ratings reflect RLI?s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favorable business profile and very strong enterprise risk management.

  10. AM Best Assigns Issue Credit Rating to Intact Financial Corporation?s Senior Unsecured Medium-Term Notes and Subordinated Notes
    Business Wire | 02/20/26 11:11 AM EST

    AM Best has assigned a Long-Term Issue Credit Rating of ?a-? to the recently announced CAD 250 million, 3.784% senior unsecured medium-term notes, due February 2038, issued by Intact Financial Corporation. The net proceeds from Intact?s debt offerings will be used toward repayment of any amounts that it previously borrowed, and general corporate purposes.

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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