Shipping company's stock sets sail after ruling over port terminal.
In truth, this is a good time to do absolutely nothing.
These securities give us around a 6% head start over the benchmarks.
Previous offer got a 'you cannot be serious' reaction.
The shipping company has offered a premium for Series G and H shares.
I'm encouraged by stabilizing markets and the company buying bonds.
Dry bulk shippers were left for dead, but underlying demand is still strong.
Given all the post Brexit volatility there is no better time to be in a long/short bond fund, according to one portfolio manager.
The current low-yield, high-volatility market is making preferred stocks all-the-more attractive.
With valuations on the expensive side and earnings slowing due to a strengthening dollar, now is the time to get defensive and own sectors like healthcare.