Municipal bonds saw a touch of weakness in spots as the last large issues of the week priced while municipal bond mutual fund flows show retail engaged and high-yield continuing to outperform the broader investment-grade market. U.S. Treasuries faced some pressure on a slew of economic data and Fed speak that gave participants pause on
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In this article CB Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024.  CNBC Warren Buffett finally revealed his secret stock pick in a new regulatory filing, and it’s insurer Chubb. His conglomerate Berkshire Hathaway has bought nearly 26 million shares
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Sales at New Jersey’s municipal bond-financed American Dream mega mall soared in the first quarter as consumers demonstrated continued demand following the busy holiday shopping period.  Gross sales for the mall’s retail, attractions, entertainment, dining and parking rose 27% to just under $148 million in the first quarter compared to the same period a year
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Fitch Ratings last week upgraded Milwaukee’s issuer default rating and general obligation rating to A-plus from BBB-plus. The outlook is stable.  Milwaukee benefited from Fitch’s new rating criteria, rolled out last month, which incorporate most of the credit factors that Fitch has considered historically but include additional analytical factors and now assign specific weightings to
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John Sheldon, a veteran broker-dealer, was appointed deputy treasurer of public finance by California Treasurer Fiona Ma. Ma announced Tuesday Sheldon had been named to replace Juan Fernandez, who retired in late February. Sheldon, who has more than 30 years of experience, was sworn in on Tuesday. “This position requires an experienced financial practitioner with
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In this article ST Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Company: Sensata Technologies (ST) Business: Sensata Technologies is an industrial technology company that develops, manufactures and sells sensors, electrical protection components and other products. The company has two units: Performance Sensing and Sensing Solutions. The
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With passenger volume expected to keep growing, Phoenix Sky Harbor International Airport is aiming to build its first new terminal in decades, while spending billions of dollars in the interim to address aging infrastructure.  Airport officials told the city council last week the terminal would be built on the site of two previously demolished terminals
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