Preferred Shares ETF Drops as Yields Rise on Fed Speculation An exchange-traded fund that mimics a basket of preferred shares is suffering the worst four-day stretch in 20 months amid deepening concern the Federal Reserve will pare unprecedented stimulus.
June 13, 2013 - Bloomberg
JPMorgan Chase Non-Cumulative Preferred Stock, Series O Shares Cross 6% Yield Mark In trading on Thursday, shares of JPMorgan Chase & Co.'s 5.50% Non-Cumulative Preferred Stock, Series O (NYSE: JPM.PRD) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.375), with shares changing hands as low as $22.91 on the day. This compares to an average yield of 5.14% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of ...
June 13, 2013 - Forbes
Oxford Lane Capital Corporation's Preferred Stock Series 2017 About To Put More Money In Your Pocket On 6/14/13, Oxford Lane Capital Corporation's 8.50% Preferred Stock Series 2017 (NASD: OXLCP) will trade ex-dividend, for its monthly dividend of $0.1771, payable on 6/28/13. As a percentage of OXLCP's recent share price of $25.99, this dividend works out to approximately 0.68%, so look for shares of OXLCP to trade 0.68% lower ? all else being equal ? when OXLCP shares open for trading on 6/14 ...
June 13, 2013 - Forbes
Antonin Scalia in Christian Science Monitor Under any standards of scrutiny that we have applied to enumerated constitutional rights, banning from the home the most preferred firearm in the nation to keep and use for protection of one's home and family, would fail constitutional muster,...
Sven-Goran Eriksson in The Associated Press I spoke to him after training yesterday evening and he said he preferred to be on the bench,Eriksson said. "He said 'Boss, if you need me, I am there.' I hoped we would not need him, but we wanted to win the game so we did what we did. We...
Marouane Chamakh in BBC Sport Without any hesitation, Arsenal was my preferred club,said Chamakh, who hit 79 goals in eight years at Bordeaux. "We have many great players at Arsenal and I will be giving everything to help the team win trophies next season."