News Results

  1. LAUSD bonds get ratings boost ahead of BABs refunding
    SourceMedia Bond Buyer | 03:03 PM EDT

    Two rating agencies upgraded Los Angeles Unified School District's bond ahead of multi-billion dollar refunding.

  2. Financial services firms looking for a Basel III rewrite
    SourceMedia Bond Buyer | 02:27 PM EDT

    The Basel III Endgame proposal to restructure capital holding levels comes under fire.

  3. Brightline adds high-yield muni piece to upcoming refinancing
    SourceMedia Bond Buyer | 01:43 PM EDT

    Friday price talk for the unrated tax-exempt paper was between 11% and 15%.

  4. BRIEF-S&P Says Delaware's $355.3 Million Series 2024A-B Go And Go Refunding Bonds Assigned 'Aaa' Rating Outlook Is Stable
    Reuters | 12:14 PM EDT

    S&P: * S&P SAYS DELAWARE'S $355.3 MILLION SERIES 2024A-B GO AND GO REFUNDING BONDS ASSIGNED 'AAA' RATING; OUTLOOK IS STABLE.

  5. MSRB to seek comment on Form A-12
    SourceMedia Bond Buyer | 12:03 PM EDT

    The board approved that step at its second quarter board meeting held this week.

  6. Inflation Reduction Act changing affordable housing for the better, panelists say
    SourceMedia Bond Buyer | 11:43 AM EDT

    The Inflation Reduction Act, affordable housing and clean energy were among the topics discussed at Baker Tilly's DevelUP conference in Chicago this week.

  7. Burbank airport terminal plan means higher debt load, lower rating
    SourceMedia Bond Buyer | 08:00 AM EDT

    The replacement Hollywood Burbank Airport terminal won't have more gates, but will be less cramped and resolve its noncompliance with FAA safety regulations.

  8. Lakeland Bancorp Announces First Quarter Results
    GlobeNewswire | 08:00 AM EDT

    Lakeland Bancorp, Inc. (LBAI), the parent company of Lakeland Bank, reported net income of $19.8 million and earnings per diluted share of $0.30 for the three months ended March 31, 2024 compared to net income of $19.8 million and diluted EPS of $0.30 for the three months ended March 31, 2023.

  9. Provident Financial Services, Inc. Announces First Quarter Earnings?and Declares Quarterly Cash Dividend
    GlobeNewswire | 04/18/24 05:00 PM EDT

    Provident Financial Services, Inc. (PFS) reported net income of $32.1 million, or $0.43 per basic and diluted share for the three months ended March 31, 2024, compared to $27.3 million, or $0.36 per basic and diluted share, for the three months ended December 31, 2023 and $40.5 million, or $0.54 per basic and diluted share, for the three months ended March 31, 2023.

  10. Chemung Financial Corporation Reports?First Quarter 2024 Net Income of $7.1 million, or $1.48 per share
    GlobeNewswire | 04/18/24 04:15 PM EDT

    Chemung Financial Corporation (CHMG), the parent company of Chemung Canal Trust Company, today reported net income of $7.1 million, or $1.48 per share, for the first quarter of 2024, compared to $3.8 million, or $0.80 per share, for the fourth quarter of 2023, and $7.3 million, or $1.54 per share, for the first quarter of 2023.

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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