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Tag Archives: bonds

Stocks are rising on Wall Street for 6th day

Stocks 6

Stocks are rising modestly in early morning trading Friday as the market extends a winning streak into a sixth day. Bond yields climbed again as investors felt more comfortable moving money out of low-risk assets. Raw material suppliers and health care stocks led the advances. KEEPING SCORE: The Dow Jones industrial average rose 29 points, or 0.2 percent, to 18,535 ...

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US stocks rise for a 5th day on solid earnings reports

Stocks 5

Solid earnings reports Thursday drove the stock market to another record high. Stocks rose from the start of trading after JPMorgan Chase released results that were better than analysts expected. Companies are expected to report earnings dropped again in the April-June period, but a few big ones that have released numbers so far have beaten low expectations, encouraging investors. The ...

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Stocks edging lower on Wall Street in midday trading

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Stocks are edging lower on Wall Street in midday trading Wednesday after setting records the last few days. Energy companies are dropping sharply along with the price of oil. Utility companies, prized for the steady dividends, are rising. KEEPING SCORE: The Dow Jones industrial average slipped 14 points, or 0.1 percent, to 18,334 at 12:07 p.m. Eastern time. The Standard ...

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Dow Jones industrial average closes at a record high

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The stock market reached another milestone Tuesday as the Dow Jones industrial average closed at a record high. A day earlier, the broader Standard & Poor’s 500, a widely used benchmark for index funds, also reached a record-high close. Both indexes beat peaks set in May 2015. The Dow, which is made up of just 30 stocks, is an older ...

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Stocks gain, putting S&P 500 on track for record high close

Wall Street stocks

Stocks are rising in midday trading Monday following market rallies overseas after the ruling party in Japan won a key election and Friday’s strong employment report in the U.S. The gains put the Standard and Poor’s 500 index on track for a record high close. KEEPING SCORE: The S&P 500 gained 10 points, or 0.5 percent, to 2,140 at 12:05 ...

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US stocks near highest in a year on strong June jobs report

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Stocks are rising Friday afternoon following a U.S. jobs report that was much stronger than expected. That was a relief for the market after a weak report for May made some investors worry the U.S. economy is slowing down. Stocks are on track for their highest finish in almost a year. KEEPING SCORE: The Dow Jones industrial average surged 249 ...

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COMMERCIAL FINANCE 701: Payment and performance bonds in construction projects

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Construction lenders on large commercial construction loans customarily require payment and performance bonds.  At the loan commitment letter stage, this condition rarely concerns a borrower.  Later, however, when the requirement materializes into a line item in the contractor’s budget, the borrower might have second thoughts.  We attempt to define and appraise the payment and performance bond (P&P Bond). Let’s assume ...

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US stocks retreat as banks, mining companies fall

A board above the trading floor of the New York Stock Exchange.

U.S. stocks are falling Thursday morning and returning some of their recent gains. Banks are skidding as bond yields fall. Energy companies are slipping with the price of oil and metals companies are also down. KEEPING SCORE: The Dow Jones industrial average slid 60 points, or 0.3 percent, to 17,945 as of 10:45 a.m. Eastern time. The Standard & Poor’s ...

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US stock indexes are mostly lower again as drugmakers slip today

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U.S. stocks are mostly lower Tuesday morning as health care stocks fall on continued scrutiny of drug prices. Energy companies are rising with the price of oil. Earnings reports are driving much of the action. KEEPING SCORE: The Dow Jones industrial average lost 25 points, or 0.1 percent, to 17,951 as of 10:50 a.m. Eastern time. The Standard & Poor’s ...

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COMMERCIAL FINANCE 701: Loans disguised as government bonds (BOANs)

EDITOR’S NOTE: Commercial Finance 701 is a continuing series on commercial loans written exclusively for the Mississippi Business Journal.  This series is geared to lenders, developers, investors and transactional attorneys. Sir Thomas More, the obstinate attorney who — literally — lost his head over religion, is often misquoted as suggesting the profession of lawyers is “to disguise matters.” Though hardly descriptive ...

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