Tag: financials

18 Oct, 2021

Energymageddon

Are we headed towards a 1970's style energy crisis, J&J talc liability bankruptcy, Microsoft shuts down LinkedIn in China, and much more!
13 Oct, 2021

CIBC announces $450 Million fund focused on Venture Capital and Growth Equity funds

Over the past three years, CIBC has made financial commitments as a Limited Partner to 12 Canadian-based venture capital and growth equity funds, covering every stage of the entrepreneurial lifecycle. The underlying fund strategies have included woman-led startups, Fintechs, disruptive tech and early stage software companies. These financial commitments are above and beyond CIBC’s previously-announced […]
4 Oct, 2021

Positive VIB3S

I get a 4 out of 5 in podcast quality, I rebalance a portfolio for sector exposure, receive a shareholder letter that I've never received before, and more!
2 Oct, 2021

Sixth Street Specialty Lending announced possible share buybacks

In a letter to shareholders dated October 13, 2021, Sixth Street Specialty Lending announce they may buy back shares from time to time. Below is the text of their letter signed by Joshua Easterly, CEO. October 13, 2021 Dear TSLX Stockholders: In accordance with Section 23(c)(1) under the Investment Company Act of 1940, we are […]
30 Sep, 2021

Low Yield Portfolio sector rebalance

It’s time for me to do a little rebalancing of my Low Yield Portfolio. Both the Low Yield and Medium Yield Portfolios are too heavily weighted in the Financial sector. They are is 26% and 28% respectively and that leaves me a little too exposed to shocks in that sector. So I’ve decided to tweak […]
18 Aug, 2021

Main Street Capital announces $38.5 million in investments

Main Street Capital announced $38.5 million across three investments. Two are new to their portfolio and one is a follow-on investment to promote the growth of an existing portfolio in their stable of companies. Main Street recently completed a new portfolio investment to complete the minority recapitalization of The Affiliati Network, LLC (“Affiliati”), a leading […]
10 Aug, 2021
9 Aug, 2021

August 9, 2021

I'm in a bit of a mood but still get through the podcast. High yield portfolio still trying to recover and much more!
3 Aug, 2021

Prudential (PRU) Tops Q2 Earnings Estimates

Prudential (PRU) came out with quarterly earnings of $3.79 per share, beating the Zacks Consensus Estimate of $3.04 per share. This compares to earnings of $1.85 per share a year ago. These figures are adjusted for non-recurring items.https://products.gobankingrates.com/r/d9360ea31bf06ea8b9d0ef49288e28fb?subid= This quarterly report represents an earnings surprise of 24.67%. A quarter ago, it was expected that this […]
28 Jun, 2021