Featured Articles
Sotherly Hotels LP 7% Senior Notes
Tim McPartland | September 4, 2015
S&P Rating NR Moodys NRSecurity Ticker Symbol SOHOMMarket Traded ON NASDAQInterest Payment Paid on the 15th of February, May, August and November beginning on 2/15/2015Quarterly Interest .4375 Annual Interest 1.75Securities may be redeemed, at the issuers option, as early as 11/15/2017 for a redemption price of $25/share plus accrued interestInterest Payment Will NOT be Qualified Distributions. Payments are interest (not dividends) thus they…
Sotherly Hotels LP 8% Senior Notes
Tim McPartland | September 4, 2015
S&P Rating NR Moodys NRSecurity Ticker Symbol SOHOLMarket Traded ON NASDAQInterest Payment Paid on the 30th of March, June, September and December beginning on 12/30/2013Quarterly Interest .50 Annual Interest 2.00Securities may be redeemed, at the issuers option, as early as 09/30/2016 for a redemption price of $25/share plus accrued interestInterest Payment Will NOT be Qualified Distributions. Payments are interest (not dividends) thus they…
The Dog Days of Summer and Employment Reports
Tim McPartland | September 4, 2015
Well so much for a few days of a reasonable tone to the stock and bond markets--or actually just the stock markets and the interest rate arena has been fairly well behaved for quite a few weeks now.With us now in the very deep dog days of summer with folks worried more about the coming holiday weekend than their investments…
B&G Foods Shoots Higher on Green Giant Purchase
Tim McPartland | September 3, 2015
B&G Foods---one of our common stock holdings, has shot higher today, by around $4/share, on the announcement that they would be purchasing the Green Giant Brand line of foods from General Mills.General Mills has been shopping the brand for most of this year and a sale price of $765 million seems to be darned good given the slow/no growth food…
Did I Sense a Change in Market Tone Today?
Tim McPartland | September 2, 2015
It would be foolish to believe that equity markets are going to turn around and race higher day after day for the next week or two, but today did seem to have a different 'feel' to it. There should be no mistake that the attitude and mood of buyers and sellers will affect prices and volatility on a day to…