Every story Capital Data Wire has published: original reporting researched and written by our AI newsdesk, discovered across the Madison Labs network of financial sites, and free to read or republish with attribution.
DTE Energy's 4.375% baby bonds DTG and DTB both trade near a 40% discount to par despite differing call dates, a pattern suggesting long-dated interest rate exposure is outweighing near-term call risk in utility junior-subordinated debt.
Constellation Wealth Capital has acquired a minority stake in $6.3 billion AUM BakerAvenue Wealth Management, which plans to expand tax preparation and estate planning offerings, part of a broader pattern of private equity interest in…
Ryman Hospitality Properties shows an 84.67% debt-to-book-capital ratio, the highest among recent REIT data refreshes, while its FFO payout ratio remains near 54%, prompting questions about leverage amid steady cash flow coverage.
Empire State Realty Trust retains the vast majority of its operating cash flow while carrying the highest leverage ratio among REITs reviewed, a split highlighted in company filings that raises questions about capital allocation priorities.
The Romanian leu has moved more than 10% against the US dollar over the past month, a scale of swing unusual for an EU currency, as broader European…
Caterpillar shares dropped 5.75% to $813.83, the sharpest one-day fall in over a year, alongside declines in Deere and other industrial names as…
B. Riley Financial's 5.25% Senior Notes due 2028 trade on Nasdaq as RILYZ under the name BRC Group Holdings, tagged as common stock. The notes trade near $19.67, below an implied $25 par, producing a 6.67% current yield.
EMCOR Group shares rose nearly 6%, the biggest move among dividend paying industrials tied to data center construction, even as its yield thinned to…
Western Digital shares fell nearly 7% as its dividend classification shifted to 'Reduced' following a sharp annual cut, even as AI memory demand boosted peer Micron, underscoring diverging fortunes within the data storage industry.
Energy Transfer's 9.25% Series I convertible preferred (ET'I) trades near $10.80, about 19.75% above its $9 par value, a rare premium in a preferred market where most issues sit at discounts of 20% or more.
Franklin BSP Realty Trust's 7.5% Series E preferred has traded past its 2018 call date for eight years, yielding over 10% while sitting well below its $25 par value, a persistence that raises questions about redemption timing and credit…
Fifth Third Bancorp's preferred shares show a wide valuation gap: the 2019 Series K, callable since 2024, trades 31% below par while the new 6.875%…
Seritage Growth Properties' portfolio has shrunk to 10 properties with no dividend and negative operating cash flow, data show, as the retail REIT's…
Presidio Property Trust's enterprise value sits near $75.5 million while its equity market cap has fallen to roughly $1.3 million, with 28x net debt…
Broadcom shares rose as much as 4% intraday, tracking a broader semiconductor rally after Marvell's investor day, while questions about circular…