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Market News

Location American Market News for 9 May 2013

Enron Chief Cuts Jail Deal

Wall Street Journal - 9 May 2013 03:55
Enron's former president and CEO Jeffrey Skilling and the Justice Department have reached an agreement that would cut his federal prison sentence to as little as 14 years from 24 years.
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Nuveen Missouri Premium Income Municipal Fund's Term Preferred Shares About To Put More Money In Your Pocket On 5/13/13, Nuveen Missouri Premium Income Municipal Fund's MuniFund Term Preferred Shares, 2.10% Series 2015 (NYSE: NOM.PRC) will trade ex-dividend, for its monthly dividend of $0.0175, payable on 6/3/13. As a percentag...
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Unisys Corp.'s Mandatory Convertible Preferred Stock, Series A, About To Put More Money In Your Pocket On 5/13/13, Unisys Corp.'s 6.25% Mandatory Convertible Preferred Stock, Series A (NYSE: UIS.PRA) will trade ex-dividend, for its quarterly dividend of $1.5625, payable on 6/1/13. As a percentage of UIS.PRA's recent share...
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Notable ETF Inflow Detected - CFT

Forbes - 9 May 2013 17:00
Notable ETF Inflow Detected - CFT Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Barclays Credit Bond Fund (AMEX: CFT) where we have detected an approximate $56.8 ...
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J.P. Morgan Seeks Directors With More Risk Savvy

Wall Street Journal - 9 May 2013 06:06
J.P. Morgan is looking for more directors who can serve on the board's risk committee, said people close to the company, amid calls from some investors for corporate-governance changes at the largest U.S. bank.
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Nuveen Virginia Premium Income Municipal Fund's Term Preferred Shares Ex-Dividend Reminder On 5/13/13, Nuveen Virginia Premium Income Municipal Fund's MuniFund Term Preferred Shares, 2.25% Series 2014 (NYSE: NPV.PRA) will trade ex-dividend, for its monthly dividend of $0.0187, payable on 6/3/13. As a percentag...
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Noteworthy ETF Outflows: SH

Forbes - 9 May 2013 17:03
Noteworthy ETF Outflows: SH Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Proshares Short S&P500 (AMEX: SH) where we have detected an approximate $17.7 million doll...
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Sotheby's Takes Hit From Falling Auction Fees As Art Sales On The High End Surge 35% Providing a peak into the state of the global art market, Sotheby's posted first quarter earnings after the bell on Thursday, missing profit estimates despite a 23% increase in net auction sales. The legendary auction ho...
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Alonso aims for home glory

CNN - 9 May 2013 22:59
It's seven years since Fernando Alonso last reigned supreme in front of his fellow Spaniards -- it's a statistic he'd like to change this weekend.
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Alexandria Real Estate Equities Series E Cumulative Redeemable Preferred Stock Crosses Above 6% Yield Territory In trading on Thursday, shares of Alexandria Real Estate Equities, Inc.'s 6.45% Series E Cumulative Redeemable Preferred Stock (NYSE: ARE.PRE) were yielding above the 6% mark based on its quarterly dividend (annualized t...
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Arch Capital Group's Non-Cumulative Preferred Shares, Series C Yield Pushes Past 6% In trading on Thursday, shares of Arch Capital Group Ltd's 6.75% Non-Cumulative Preferred Shares, Series C (NYSE: ARH.PRC) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.6875), with sha...
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Top Buys by Top Brass: CEO McInerney's $108.9K Bet on GNW A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard...
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Cash Dividend On The Way From Nuveen Dividend Advantage Municipal Fund III's Term Preferred Shares On 5/13/13, Nuveen Dividend Advantage Municipal Fund III's MuniFund Term Preferred Shares, 2.80% Series 2016 (NYSE: NZF.PRC) will trade ex-dividend, for its monthly dividend of $0.0233, payable on 6/3/13. As a percentage...
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Bank of America's Floating Rate Non-Cumulative Preferred Stock, Series 4 Goes Ex-Dividend Soon On 5/13/13, Bank of America Corp.'s Floating Rate Non-Cumulative Preferred Stock, Series 4 (NYSE: BML.PRJ) will trade ex-dividend, for its quarterly dividend of $0.2472, payable on 5/28/13. As a percentage of BML.PRJ's r...
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Bank of America's Non-Cumulative Preferred Stock, Series 3 About To Put More Money In Your Pocket On 5/13/13, Bank of America Corp.'s 6.375% Non-Cumulative Preferred Stock, Series 3 (NYSE: BML.PRI) will trade ex-dividend, for its quarterly dividend of $0.3984, payable on 5/28/13. As a percentage of BML.PRI's recent s...
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Bank of America's Floating Rate Non-Cumulative Preferred Stock, Series 2 Ex-Dividend Reminder On 5/13/13, Bank of America Corp.'s Floating Rate Non-Cumulative Preferred Stock, Series 2 (NYSE: BML.PRH) will trade ex-dividend, for its quarterly dividend of $0.1854, payable on 5/28/13. As a percentage of BML.PRH's r...
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Cash Dividend On The Way From Bank of America's Floating Rate Non-Cumulative Preferred Stock, Series 1 On 5/13/13, Bank of America Corp.'s Floating Rate Non-Cumulative Preferred Stock, Series 1 (NYSE: BML.PRG) will trade ex-dividend, for its quarterly dividend of $0.1875, payable on 5/28/13. As a percentage of BML.PRG's r...
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Nuveen New York Dividend Advantage Municipal Fund's Term Preferred Shares About To Put More Money In Your Pocket On 5/13/13, Nuveen New York Dividend Advantage Municipal Fund's MuniFund Term Preferred Shares, 2.50% Series 2016 (NYSE: NAN.PRD) will trade ex-dividend, for its monthly dividend of $0.0208, payable on 6/3/13. As a perce...
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Nuveen New York Dividend Advantage Municipal Fund's Term Preferred Shares Goes Ex-Dividend Soon On 5/13/13, Nuveen New York Dividend Advantage Municipal Fund's MuniFund Term Preferred Shares, 2.70% Series 2015 (NYSE: NAN.PRC) will trade ex-dividend, for its monthly dividend of $0.0225, payable on 6/3/13. As a perce...
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Cash Dividend On The Way From Nuveen California Dividend Advantage Municipal Fund III's Term Preferred Shares On 5/13/13, Nuveen California Dividend Advantage Municipal Fund III's MuniFund Term Preferred Shares, 2.25% Series 2014-1 (NYSE: NZH.PRB) will trade ex-dividend, for its monthly dividend of $0.0187, payable on 6/3/13. As...
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Ex-Div Reminder for OFG Bancorp's Noncumulative Monthly Income Preferred Stock, Series B On 5/13/13, OFG Bancorp's 7.0% Noncumulative Monthly Income Preferred Stock, Series B (NYSE: OFG.PRB) will trade ex-dividend, for its monthly dividend of $0.1458, payable on 5/31/13. As a percentage of OFG.PRB's recent s...
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OFG Bancorp's Non-cumulative Monthly Income Preferred Stock About To Put More Money In Your Pocket On 5/13/13, OFG Bancorp's 7.125% Non-cumulative Monthly Income Preferred Stock, Series A (NYSE: OFG.PRA) will trade ex-dividend, for its monthly dividend of $0.1484, payable on 5/31/13. As a percentage of OFG.PRA's recen...
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