Serica Energy PLC (SQZZF): * MAY ISSUE NEW 5-YEAR SENIOR UNSECURED BOND. * Q1 2026 PRODUCTION 39,100 BOEPD; Q2 TO DATE AVERAGE 49,100 BOEPD. * 2026 PRODUCTION GUIDANCE REMAINS SIGNIFICANTLY OVER 40,000 BOEPD. * NOW SEEKING TO PROACTIVELY OPTIMISE OUR CAPITAL STRUCTURE.
The Bank of England expects stock markets around the world to fall as share prices do not reflect the many risks facing the global economy, BOE Deputy Governor Sarah Breeden told the BBC on Friday.
* SNB Chairman says too early to assess stagflation risk. * Second-round price effects would require central bank action. * Defends stricter capital rules proposed for UBS.
* ECB meets on Thursday and is expected to hold rates. * Markets price in two rate hikes this year. * Oil price shock hurting euro zone growth outlook. By Yoruk Bahceli and Stefano Rebaudo. The European Central Bank meets next Thursday, with an Iran war ceasefire easing the pressure on it for an immediate interest rate hike. Here are five key questions for markets: 1/ What will the ECB do?
Japanese government bonds slid on Friday as markets positioned for a central bank meeting next week, where policymakers are expected to evaluate inflation risks to the economy. The benchmark 10-year JGB yield rose 1.5 basis points to 2.435%, the highest since April 14.
The dollar fell on Friday, pressured by the Justice Department's decision to close its investigation into Federal Reserve Chair Jerome Powell and by growing optimism that talks to end the U.S.-Israeli war with Iran could be on the horizon.
* March core CPI rises 1.8% yr/yr, matches forecast. * Index excluding fresh food, fuel up 2.4% yr/yr in March. * Inflation seen accelerating as energy shock pushes up costs. * Service producer prices rise on jump in ocean freight cost. 28 meeting. By Leika Kihara.
Japan's core inflation slowed below the central bank's 2% target for a second straight month in March, data showed on Friday, as government fuel subsidies and moderating food inflation offset price pressures from the Iran war-induced energy shock.
Japan's core consumer inflation slowed below the central bank's 2% target for a second straight month in March, data showed on Friday, as government fuel subsidies offset price pressures from the Iran war-induced energy shock.
* March core CPI rises 1.8% yr/yr, matches forecast. * Index excluding fresh food, fuel up 2.4% yr/yr in March. * Inflation seen accelerating as energy shock pushes up costs. 28 meeting. By Leika Kihara.
Brazil's central bank will hold a spot dollar auction of up to $1 billion on April 24, and a simultaneous reverse foreign exchange swap auction, it said in separate statements on Thursday. Both deals start at 9:20 a.m. local time, the central bank said. A reverse FX swap, which in this case involves up to 20,000 contracts, is equivalent to buying U.S. dollars in the futures market.
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of the life insurance subsidiaries of Western & Southern Financial Group, Inc.. The WSFG subsidiaries included in this rating unit are The Western and Southern Life Insurance Company, Western-Southern Life Assurance Company, Columbus Life Insu...
Jefferies Financial Group Inc. (JEF) today announced the pricing of its public offering of $1.1 billion aggregate principal amount of 5.125% Senior Notes due 2031 with an effective yield of 5.304%, maturing April 28, 2031. JFG intends to use the net proceeds of the offering for general corporate purposes.
Oil prices jumped and Wall Street fell on Thursday, with the Nasdaq having its worst day in a month, as fading hopes of a U.S.-Iran peace deal soured recent optimism around the U.S. earnings season and tech companies in particular.
Oil prices jumped and Wall Street fell on Thursday, with the Nasdaq having its worst day in a month, as fading hopes of a U.S.-Iran peace deal soured recent optimism around the U.S. earnings season and tech companies in particular.
Goldman Sachs Asset Management, the investment adviser for the Goldman Sachs Access Municipal Bond ETF (GMUN) and Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF, announced today that the Funds? Board of Trustees, at the recommendation of GSAM, has approved a plan of liquidation for each Fund.
Sallie Mae, formally SLM Corporation (SLM), today released first quarter 2026 financial results and raised full-year 2026 diluted earnings per common share guidance. This press release features multimedia. Sallie Mae will host an earnings conference call today, April 23, 2026, at 5:30 p.m. ET.
* TSX ends down 0.1% at 33,912.93. * Tech falls 4.5%, with Shopify (SHOP) down 5.7% * Energy adds 1.8% as oil settles 3.1% higher. * Teck rises 2.8% after earnings beat. By Fergal Smith. Canada's main stock index edged lower on Thursday, led by declines for technology and metal mining shares, as investors weighed evidence that the war in the Middle East is hurting the global economy.
It was another "topsy-turvy day" for munis, said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital. Munis have been weaker on the front end for a few days, leading to a slight inversion of the curve, starting around the 2028 maturities, Olsan said.
NORTH CANTON, Ohio, April 23, 2026 Diebold Nixdorf?, a world leader in transforming the way people bank and shop, today announced Fitch Ratings, Inc. has assigned the company a first-time Long-Term Issuer Default Rating of 'BB-' with a stable outlook.
Financial stocks were lower in late Thursday afternoon trading, with the NYSE Financial Index down 0.6% and the State Street Financial Select Sector SPDR ETF falling 0.7%. The Philadelphia Housing Index rose 0.9%, and the State Street Real Estate Select Sector SPDR ETF added 1.1%. Bitcoin was decreasing 0.4% to $77,852, and the yield for 10-year US Treasuries rose 2.9 basis points to 4.32%. In ...
Market Intelligence analyst Jeff Lipton revisits the taxable muni market's expansion from the 1986 tax reforms through the BAB era, showing how call features, policy changes and rate cycles influence issuance, and why taxable munis remain a flexible tool for issuers and investors.
Financial stocks were lower in late Thursday afternoon trading, with the NYSE Financial Index down 0.6% and the State Street Financial Select Sector SPDR ETF falling 0.7%. The Philadelphia Housing Index rose 0.9%, and the State Street Real Estate Select Sector SPDR ETF added 1.1%. Bitcoin was decreasing 0.4% to $77,852, and the yield for 10-year US Treasuries rose 2.9 basis points to 4.32%. In ...
* Iran shows off its control over strait, Israel warns of further attacks. * Brent trading above $100 a barrel on Thursday. * Jobless claims beat forecast, hint at labour market easingGold hits more than one week low. By Ishaan Arora.
* Market seems "comfortable" with no US-Iran resolution. * Conflicting signals on Hormuz control ramp up uncertainty. * Israel says ready to resume attacks on Iran. * US jobless claims increase, business activity rises. By Gertrude Chavez-Dreyfuss.
The state Supreme Court's ruling comes in a case that targeted the 2022 issuance of nearly $687 million of ratepayer-backed bonds for a utility company.
FAIRFIELD, Conn. Greg brings a well-rounded perspective shaped by his experience supporting financial strategy and execution for non-profit organizations. A native of Iowa, Greg grew up in Pella and has lived in Des Moines for nearly a decade. Greg began his career in public finance at Stifel in Denver, supporting municipal bond transactions for state agencies and local governments.
Financial stocks were lower in Thursday afternoon trading, with the NYSE Financial Index dropping 1.4% and the State Street Financial Select Sector SPDR ETF falling 1.2%. The Philadelphia Housing Index rose 0.4%, and the State Street Real Estate Select Sector SPDR ETF added 0.6%. Bitcoin was decreasing 1.4% to $77,791, and the yield for 10-year US Treasuries was rising 4.3 basis points to 4.337...
The Federal Home Loan Bank of New York today released its unaudited financial highlights for the quarter ended March 31, 2026. ?Across the first quarter of 2026, Federal Home Loan Bank of New York members continued to rely on the certainty of our funding to help support their local lending activities,? said Randolph C. Snook, president and CEO of the FHLBNY.
Weekly applications for unemployment insurance in the US increased more than expected, while continuing claims largely matched Wall Street's estimates, government data showed Thursday. For the week through April 18, the seasonally adjusted number of initial claims increased by 6,000 to 214,000 from the previous week's average that was adjusted upward by 1,000, the Department of Labor said.
Financial stocks were lower in Thursday afternoon trading, with the NYSE Financial Index dropping 1% and the State Street Financial Select Sector SPDR ETF falling 1.3%. The Philadelphia Housing Index rose 0.4%, and the State Street Real Estate Select Sector SPDR ETF added 0.5%. Bitcoin was decreasing 1.6% to $77,707, and the yield for 10-year US Treasuries was rising/ 4.3 basis points to 4.337%...
From Jan. 1, 2020 through mid April of this year, borrowers using conduit issuers accounted 87% of payment defaults by number in the muni market, Municipal Market Analytics' Matt Fabian said.
Federal Home Loan Bank of Atlanta today released preliminary unaudited financial highlights for the quarter ended March 31, 2026. Operating Results for the First Quarter of 2026. Financial Condition Highlights. Reliable Source of Liquidity. Commitment to Affordable Housing Program and Community Development. Dividends.
Moody's Ratings announced a stable rating outlook for Washington, D.C., good news for a city reeling from federal job cuts and gearing up for a mayoral race.
* Lebanon seeks extension of ceasefire with Israel. * US Treasury yields pare gains after jobless claims data. * Jobless claims beat forecast, hint at labour market easing. By Ishaan Arora. Gold pared some losses on Thursday on news of a potential Lebanon-Israel ceasefire extension and after Treasury yields retreated from session highs following U.S. weekly jobless claims data.
The average rate on the popular U.S. 30-year fixed-rate mortgage fell this week, though further declines are likely to be limited by uncertainty surrounding a fragile ceasefire between Washington and Iran. The 30-year fixed mortgage rate averaged 6.23%, down from 6.30% last week, mortgage finance agency Freddie Mac said on Thursday.
The average rate on the popular U.S. 30-year fixed-rate mortgage fell this week, though further declines are likely to be limited by uncertainty surrounding a fragile ceasefire between Washington and Iran. The 30-year fixed mortgage rate averaged 6.23%, down from 6.30% last week, mortgage finance agency Freddie Mac said on Thursday.
The Canadian job market is not particularly robust at present, but it may be somewhat healthier than headline figures suggest, said CIBC. The official unemployment rate includes youth aged 15 to 19 who are enrolled in high school, but also actively seeking employment, and this group accounts for a higher-than-normal share of total unemployment at present, the bank wrote in a note to clients.
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 0.4% on Thursday. The Dow traded down 0.20% to 49,392.89 while the NASDAQ fell 0.38% to 24,562.83. The S&P 500 also fell, dropping, 0.11% to 7,130.12. Leading and Lagging Sectors Utilities shares jumped by 2.1% on Thursday.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.23%. ?The 30-year fixed-rate mortgage declined again this week to 6.23%,? said Sam Khater, Freddie Mac?s Chief Economist.
European stock markets were mixed Thursday as the eurozone private sector ended a 15-month growth streak and fell into contraction in April, according to the provisional Purchasing Managers' Index, which dropped to 48.6 from 50.7 in March.
This year's round of provincial budgets in Canada revealed an aggregate deficit of around 1.4% of gross domestic product for FY 2026/27, a deterioration from last year, but modest by historical standards, said TD. The all-province net debt-to-GDP ratio is set to climb further, wrote the bank in a note to clients.
AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A from B++ and the Long-Term Issuer Credit Rating to ?a? from ?bbb? of Louisiana Farm Bureau Insurance Company.
The Kansas City Fed monthly manufacturing index decreased to a reading of 10 in April from 11 in March as expected in a survey compiled by Bloomberg. The decrease follows increases in readings for the other regional manufacturing data released so far.
Something the Federal Reserve has been quietly dreading just showed up in business surveys. S&P Global?s headline flash Composite PMI Output Index rose to a three-month high of 52.0 in April from 50.3 in March, above the 50 threshold that separates expansion from contraction. The Manufacturing PMI jumped to 54.0, the highest reading since May 2022.
* Market seems "comfortable" with no US-Iran resolution. * Conflicting signals on Hormuz control ramp up uncertainty. * US jobless claims increase, business activity rises. By Gertrude Chavez-Dreyfuss.
* Segro (SEGXF) targets data centre expansion in France, Germany, Italy. * Company secures power for UK sites. * Data centres only 7% of Segro's (SEGXF) total clients. By Raechel Thankam Job and Yadarisa Shabong.
* Lebanon seeks extension of ceasefire with Israel. * US Treasury yields pare gains after jobless claims data. * Jobless claims beat forecast, hint at labour market easing. By Ishaan Arora.
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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