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ASCC

Seven Dividend Aristocrats are currently trading at 52-week lows, presenting a potential 34% upside by 2025 if they return to their historical fair value. These stocks have strong fundamentals, including a 2.1% yield, A-credit ratings, and a 41-year average dividend growth streak.

Portfolio Pulse from

January 17, 2025 | 12:15 pm

MS

U.S. Treasury bond yields are declining for the fourth consecutive day, influenced by disappointing U.K. economic data. Morgan Stanley has made a contrarian call, recommending the 5-year Treasury note.

Portfolio Pulse from

January 17, 2025 | 12:00 pm

INDB

Independent Bank Corp. reported strong Q4 earnings with EPS surpassing expectations due to lower credit loss provisions and better margins. Loan and deposit growth were positive, and asset quality improved, indicating strong performance and future potential.

Portfolio Pulse from

January 16, 2025 | 11:45 pm

EXR

Extra Space Storage Inc. has announced a $350 million add-on offering of 5.500% senior notes due 2030. This follows a previous issuance of $450 million of the same notes. The company is a major player in the self-storage industry and part of the S&P 500.

Portfolio Pulse from

January 16, 2025 | 11:00 pm

FG

F&G Annuities & Life, Inc. announced the redemption of $300 million of 5.50% Senior Notes due May 1, 2025, by its subsidiary Fidelity & Guaranty Life Holdings, Inc. The redemption will occur on February 1, 2025, at 100% of the principal amount plus accrued interest.

Portfolio Pulse from

January 16, 2025 | 9:30 pm

AXP

American Express has agreed to pay a $230 million settlement over allegations of deceptive sales tactics related to its credit card and wire services. The settlement is divided into two parts, addressing misleading sales practices for both credit cards and wire services.

Portfolio Pulse from

January 16, 2025 | 9:30 pm

OPRT

Oportun (Nasdaq: OPRT) has successfully completed a $425 million asset-backed securitization, which was significantly oversubscribed and achieved a 6.95% average yield, 127 basis points lower than its previous financing.

Portfolio Pulse from

January 16, 2025 | 9:15 pm

SPMA

Sound Point Meridian Capital Inc has launched an 8% Series A Term Preferred Shares, SPMA, offering a yield to maturity of 8.35%. The shares are trading at $24.90, and despite lacking a credit rating, they are supported by a strong capital structure and significant common distributions.

Portfolio Pulse from

January 16, 2025 | 9:15 pm

IVPAF

Ivanhoe Mines Ltd. has announced the pricing of a US$750 million offering of 7⅞% senior notes due 2030.

Portfolio Pulse from

January 16, 2025 | 8:30 pm