News Results

  1. Services PMI? at 55.3%; February 2021 Services ISM? Report On Business?
    PR Newswire | 10:00 AM EST

    Business Activity Index at 55.5%; New Orders Index at 51.9%; Employment Index at 52.7%; Supplier Deliveries Index at 60.8%?. TEMPE, Ariz. Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management? Services Business Survey Committee: "The Services PMI? registered 55.3 percent, 3.4 percentage points lower than the January reading of 58.7 percent.

  2. ADP National Employment Report: Private Sector Employment Increased by 117,000 Jobs in February
    PR Newswire | 08:15 AM EST

    ROSELAND, N.J., March 3, 2021 Private sector employment increased by 117,000 jobs from January to February according to the February ADP? National Employment ReportTM. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute? in collaboration with Moody's Analytics.

  3. Broadridge's LTX? Granted Patent for Innovative RFX? Protocol to Significantly Improve Corporate Bond Trading
    PR Newswire | 07:00 AM EST

    NEW YORK, March 3, 2021 ?Empowering?broker-dealers and institutional investors to better connect and trade corporate bonds digitally, Broadridge Financial Solutions (BR), Inc.?, a global Fintech leader, today announced that the U.S. Patent and Trademark Office has granted LTX, a Broadridge company,?U.S. Patent No.10922773. The patent covers its artificial intelligence-driven RFX digital trading prot...

  4. Haemonetics Prices $435.0 Million Convertible Senior Notes Offering
    PR Newswire | 03/02/21 08:22 PM EST

    BOSTON, March 2, 2021 Haemonetics Corporation (HAE) today announced the pricing of its offering of $435,000,000 aggregate principal amount of 0.00% Convertible Senior Notes due 2026 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The notes will be senior, unsecured obligations of Haemonetics.

  5. Flowers Foods, Inc. Prices $500 Million Of 2.400% Senior Notes Due 2031
    PR Newswire | 03/02/21 06:30 PM EST

    THOMASVILLE, Ga., March 2, 2021 Flowers Foods, Inc. (FLO), producer of Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Tastykake, and other bakery foods, today announced the pricing of the public offering of $500 million aggregate principal amount of 2.400% senior notes due 2031.

  6. Truist issues first social bond to advance environmental, social and governance focus
    PR Newswire | 03/02/21 05:20 PM EST

    CHARLOTTE, N.C., March 2, 2021 ?Truist Financial Corporation (TFC) demonstrated its commitment to corporate social responsibility by issuing its first social bond of $1.25 billion in aggregate principal amount. "We were thrilled by investor reception of our first social bond, particularly in the face of significant market volatility," said Corporate Treasurer Donna Goodrich.

  7. Fannie Mae Appoints Two New Members to Board of Directors
    PR Newswire | 03/02/21 04:08 PM EST

    WASHINGTON, March 2, 2021 Fannie Mae (FNMA) has appointed Simon Johnson and Christopher J. Brummer to its Board of Directors. "We're pleased to welcome both Simon and Christopher to Fannie Mae's Board of Directors," said Sheila C. Bair, Chairwoman of the Board, Fannie Mae.

  8. Airbnb, Inc. Announces Proposed Convertible Senior Notes Offering
    PR Newswire | 03/02/21 04:02 PM EST

    SAN FRANCISCO, March 2, 2021 Airbnb, Inc. (ABNB) today announced its intention to offer, subject to market and other conditions, $2,000,000,000 aggregate principal amount of convertible senior notes due 2026 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

  9. Global Credit Rating Agency AM Best Affirms A (Excellent) Ratings for Renaissance Insurance Companies
    PR Newswire | 03/02/21 01:33 PM EST

    INDIANAPOLIS, March 2, 2021 AM Best has affirmed the Financial Strength Ratings of A and Long-Term Issuer Credit Ratings of "a" for Renaissance Life & Health Insurance Company of America, Indianapolis, Ind. and Renaissance Life & Health Insurance Company of New York, Binghamton, NY. The effective date for all these ratings is Jan. 8, 2021, and AM Best maintained an outlook of stable for these r...

  10. State? Industrial Products Selected as 2021 Evolution of Manufacturing Honoree
    PR Newswire | 03/02/21 09:46 AM EST

    MAYFIELD HEIGHTS, Ohio, March 2, 2021 ?State Industrial Products, a leading chemical manufacturer and distributer of disinfectants and other products that help customers enhance building environments and improve equipment productivity, is proud to have been chosen as a 2021 Evolution of Manufacturing honoree. Keith Clouston, Vice President of Operations said.

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.