Seeking Alpha

EconProf7

EconProf7
Send Message
View as an RSS Feed
Latest  |  Highest rated
  • Machinists accuse Boeing of unfair labor practices [View news story]
    Michigan is still dominated by the UAW, which helped bankrupt GM and Chrysler.
    Jan 19 07:56 PM | 1 Like Like |Link to Comment
  • Kinder Morgan Partners (KMP) restarts the 307K bbl/day Trans Mountain pipeline after repair crews finished their work on a defect that prompted a small oil spill - roughly six barrels - earlier this week. KMP plans to almost triple the line's capacity, which extends from Alberta to B.C. and Washington state, and critics were quick to seize on the spill: "Where oil moves, it spills," says the head of B.C.'s Sierra Club. [View news story]
    Sierra Club will not be satisfied till all mankind has been eliminated.
    Jun 14 07:01 PM | 5 Likes Like |Link to Comment
  • Annaly (NLY +0.5%) moves higher following a dive AH yesterday on the announcement of an offering of convertible bonds and preferred stock. The yield on the convertible is just 5%, far less (unless converted) than the current dividend yield of 13.3%. "Incredible execution," tweets Dividend Master. (PR)  [View news story]
    More dividend income as long as investment returns exceed 5%.
    May 9 03:02 PM | Likes Like |Link to Comment
  • Annaly Capital (NLY) announces a public offering of $750M of Convertible Senior Notes as well as an offering of Series C Cumulative Redeemable Preferred Stock. Shares -1.6% AH following a 1% rise during the regular session. (PR #1), (PR #2)  [View news story]
    Convertible Notes are bonds that can be converted into Common Stock whenever the holder wishes. Preferred are stocks that act like bonds, with a stated interest rate and protection in the event of a liquidation.
    May 9 12:56 AM | Likes Like |Link to Comment
COMMENTS STATS
4 Comments
6 Likes