For decades, bond funds delivered not only decent income but also steadier returns than stocks. Now, investors fear that a great bust is on the way. Bond yields are ultra-low and set to jump higher, the thinking goes, and rising rates mean lower bond prices.
To make matters worse, fund managers are finding it tougher to find buyers when they want to sell bonds. Investors pulled more than $8 billion out of bond mutual funds and exchange-traded funds in September, according to Morningstar.
Elaine Stokes says these fears may be overdone. She is a portfolio manager at the $19.7 billion Loomis Sayles Bond fund, which invests in everything from Treasurys to high-yield bonds issued...
Just over the last 125 days, Blackstone Mortgage Trust Inc’s stock price have decreased by 3.84 % and is in a downtrend. This downtrend plus Randall Rothschilds insider selling and our trend following system force us to rate the stock ? SELL. Look at the chart below.
Price Chart of Blackstone Mortgage Trust NYSE:BXMT Stock
Source: RightEdgeSystems, Yahoo Split Dividend Adjusted Data and OctaFinance Interpretations
The legal document was disclosed on 02/11/2015 with the Washington-based Security and Exchange Commission and is now available for public review here.
Hedge Funds Ownership
In the previous quarter 174 institutional players own shares...
during the corresponding period of the previous year, on the back of a strong manufacturing sector
sector performance. Manufacturibg sector which constitutes 75% weight in the IIP grew by 4.6% during April-August, 2015-16 as against 2.0% during the corresponding period of the previous year. The sharp rise in factory output shows
that economic recovery has been set in motion.
On the flip side, the countrys foreign trade is witnessing sharp decline due to weak external environment. During April-August 2015-16, exports were $111.09 billion,
which was 16.7% lower than exports during the comparable period of the previous fiscal whereas, imports was $168.61 billion which was lower...
Buenos Aires City, October 29, 2015 — Moodys Latin America (Moodys) has upgraded Quickfood
SAs corporate family rating (CFR) to Caa1 in the
global scale and Ba1.ar in its national scale, from Caa2/B2.ar.
In addition, Quickfoods senior notes guaranteed by BRF SA
were upgraded to Baa2 from Baa3, while national scale rating was
affirmed at Aaa.ar, in line with Moodys Investors
Service upgrade of BRFs ratings to Baa2 from Baa3, on 28
October 2015. The outlook on all ratings is stable.
Approximately USD 87 million in rated debt instruments affected.
(The following statement was released by the rating agency)
LONDON, October 23 (Fitch) Fitch Ratings has assigned a
Long-Term Issuer Default
Rating of B to Voyage Bidco Limited (Voyage). We affirm and
rating on Voyage Holding Limited at B as it has been replaced
by Voyage Bidco
Limited (BidCo) rated B as the highest consolidated entity
restricted group. Fitch also affirms the senior secured and
second lien notes
for Voyage BondCo plc at BB/RR1/100% and CCC+/RR6/8%
Outlook is Stable.
The rating reflects Voyages position as the largest independent
support to people with learning...
Shares of International Personal Finance Plc (LON:IPF) opened at 374.60 on Monday. The firm’s market capitalization is GBX 866.82 million. International Personal Finance Plc has a one year low of GBX 348.00 and a one year high of GBX 512.00. The company’s 50 day moving average is GBX 402.60 and its 200-day moving average is GBX 436.06.
International Personal Finance Plc is engaged in international home credit business. The Business serves approximately 2.6 million customers and operates the Provident brand in Poland, the Czech Republic, Slovakia, Hungary, Mexico, Romania, Lithuania and Bulgaria markets. It offers home credit in the form of affordable, unsecured, short-term...
In other news, insider Broadbent,David sold 47,644 shares of the companys stock in a transaction on Friday, August 28th. The shares were sold at an average price of GBX 399 ($6.16), for a total value of £190,099.56 ($293,318.25).
Several analysts have recently commented on IPF shares. Shore Capital reiterated a buy rating on shares of International Personal Finance Plc in a report on Monday, July 13th. Panmure Gordon upgraded shares of International Personal Finance Plc to a buy rating and reduced their target price for the stock from GBX 540 ($8.33) to GBX 425 ($6.56) in a report on Tuesday, July 14th. Numis Securities Ltd reaffirmed an under review rating and set a GBX 550 ($8.49)...
One thing that I will say about Valeant is that I am not at all an expert in US health insurance law and practice, and you probably arent either. So it is just about possiblethat this is not as bad as it sounds:
A specialty pharmacy that fills prescriptions for Valeant Pharmaceuticals International Inc. has altered doctors’ orders to wring more reimbursements out of insurers, according to former employees and an internal document.
But it suresoundscatastrophically terrible, no? We have a couple of different ‘back door’ approaches to receive payment from the insurance company, said a Philidor training manual. In writing!
ST. LOUIS, Nov. 3, 2015 /PRNewswire/ –ACE employees in the Midwest recently raised money for Autism Speaks, in support of their colleagues who have children with autism. Together, ACE employees and customers raised $30,061 for this organization.
ACEs annual Give A Little Campaign is an in-store fundraiser that allows employees to choose the charity they want to support, and 100 percent of the proceeds go directly to the organization of their choice.
We are incredibly proud of our accomplishments during this years Give A Little Campaign, said Eric Norrington, Senior Vice President of Public Affairs. This fundraiser allows us to partner with extraordinary organizations...
Buying a fixer-upper is a whole new ballgame; before you sign on the dotted line, its important to find out as much as you can about exactly what youre getting yourself into. Agents use the term fixer-upper liberally it could be code for a train wreck of a house, or it could refer to a home that simply needs cosmetic updates. Use the questions below to begin useful conversations with professionals on your team.
Questions for your agent
What are the neighborhood stats? Neighborhood dynamics become mission-critical when buying a fixer-upper. Will the remodel dollars needed to make this home livable work well with the neighborhood? Ask your agent for her analysis (and...