Featured Articles
Intl FCStone Inc 8.50% Senior Notes Due 7/30/2020
Tim McPartland | February 26, 2015
Date Issued 7/15/2013Shares Issued 1,600,000 Overallotment Shares 240,000S&P Rating NR Moodys Rating NRSecurity Ticker Symbol INTLLCUSIP 46116V204 Market Traded ON NASDAQInterest Payment Paid on the 30th of January, April, July and October beginning on 10/30/2013Quarterly Interest .383 Annual Interest 1.531 Securities may be redeemed, at the issuers option, as early as 7/30/2016 for a redemption price of $25/share plus accrued dividendsInterest Payment Will NOT be a Qualified Distributions…
Yellen Rescues the Markets Again–From What?
Tim McPartland | February 25, 2015
Well again the FED comes to the rescue of a market that does not need help. Honestly she is irritating us more and more. We think the market will take care of interest rates--and if they move slowly higher we are fine with that--in fact we wouldn't mind being able to lock down some quality issues at higher yields. Oh…
Farm Economy Softens Further
Tim McPartland | February 24, 2015
Residing in the midwest we always keep our eyes on the farm economy--it really is the lifeblood of many states.Additionally we have watched newer farm land REIT Farmland Partners (ticker:FPI) closely. We have had a real problem with the way this REIT is set up and with what we perceive to be sketchy financials as well as less then forthright…
Plenty to Worry About, But Stable Markets Continue
Tim McPartland | February 23, 2015
The last week has seen plenty of news out there that could rile the markets, both stocks and bonds, but all in all income securities are hanging in there. The 10 year treasury yield has moved in a very nice manner--very friendly to preferred stocks--we hope that rate movements remain tame (we don't care if they go up--we just hope…
Housekeeping – Reader Notes
Tim McPartland | February 21, 2015
Abrahim E let us know that we had the wrong 1st call date on the new Wells Fargo Real Estate Preferred shares. He is correct that we had it wrong on the alphabetical page, but it was correct on the other pages as well as the recap page. We have corrected the page in error.Stanley thinks that the Entertainment Properties…