Featured Articles
Is this a Goldilocks Market?
Tim McPartland | August 17, 2014
August 14, 2014 - 9:20 pm We have 'whined' about the U.S. economy, which while growing, seems pretty lethargic from where we sit. There are certainly some benefits to us income investors from this lethargy.The economic numbers that are released keep rates from heading higher--even with the rapidly ending Quantitative Easing. One week we get economic releases that are 'good'…
Global Ship Lease Prices Preferred-Update
Tim McPartland | August 14, 2014
August 14, 2014 - 9:45 am Global Ship Lease (ticker:GSL) has priced their new preferred shares at 8.75% for 1,400,000 shares.This is a bit of a disappointment to us as we thought it would come at 9% or above--but we haven't reviewed recent financials and maybe they are more financially solid than we had believed.We wrote a bit on this one yesterday.Details…
PennTex Midstream Partners to Pursue Initial Public Offering of Master Limited Partnership
Tim McPartland | August 14, 2014