Vanguard's Trillion-Dollar Man Leads a Fixed-Income Revolution
When March’s bank failures ignited a historic bond rally, few, if any, made more money than Josh Barrickman. • None Powell’s Bet Against Recession Looks Good…
Source: biztoc.com
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Occidental Begins Buying Back Warren Buffett's $10 Billion in Preferred Stock
Occidental Petroleum Corp. began buying back Berkshire Hathaway Inc.’s $10 billion of preferred stock, four years after Warren Buffett’s firm made the…
Source: biztoc.com
NextEra Unit Jumps as Gas Pipeline Sales Mean It Won't Have to Issue Equity
NextEra Energy Partners LP jumped the most in three years as its plans to sell natural gas pipelines eased concern that the company will have to issue equity…
Source: biztoc.com
PacWest Resumes Selloff as Battered Regional Bank Stocks Slide
PacWest Bancorp shares fell on Tuesday, leading some peers lower in early trading as the hard-hit regional bank stock resumed its decline. • None Goldman to…
Source: biztoc.com
OPEC+ Cuts Spark 75% Rout in Oil Supertanker Rates After Boom
Benchmark rates for oil-carrying supertankers have collapsed by three-quarters as OPEC+ follows through on a surprise vow to slash supply to shore up prices,…
Source: biztoc.com