Investment strategy

Closed-end municipal bond funds may benefit fixed-income investors

Yellow Dog Productions | The Image Bank | Getty Images Investors discouraged by a bond market where yields are savaged by inflation may find relief in what, for many, is an unfamiliar fixed-income vehicle: closed-end municipal bond funds. These funds, less common than the open-ended variety, are offered by large financial services companies. Some are …

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Constellation falls after earnings beat, gives investors a chance to buy

Constellation Brands (STZ) reported solid fiscal first-quarter earnings on Thursday before the opening bell. The wine, beer and liquor company reported net sales of $2.36 billion, up 17% year over year and above Wall Street expectations of $2.16 billion. On the bottom line, the company said it had adjusted earnings of $2.66 per share, an …

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Nikola vote to issue new stock seeks to counter founder Trevor Milton

CEO and founder of US Nikola, Trevor Milton speaks during presentation of its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy December 2, 2019. Massimo Pinca | Reuters electric truck startup Nicholas is still short of clearing a shareholder hurdle to raise new funds, the …

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How to buy Series I savings bonds via TreasuryDirect

grunge | istock | Getty Images There’s been record demand for federal Series I savings bonds, an inflation-protected and nearly risk-free asset, offering an eye-popping 9.62% annual return through October. However, it’s not easy to buy I bonds through Treasury Directa 20-year-old platform run by the US Department of the Treasury, financial advisors say. “It’s …

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The S&P 500’s bounce is set to face its first hurdle to prove it’s more than a snapback

This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics. Investors have moved on from the “too hot” porridge of runaway inflation worries and are now sampling the “too cold” bowl of rising slowdown/recession concerns. For now, the markets are navigating the shift reasonably well, …

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Forget big cap stocks. Bank of America’s top small-and-mid cap stocks

From multi-week losing streaks to bear market rallies, it’s been a roller coaster ride for markets this year as investors weigh the risks of a more aggressive monetary policy and a growing chorus of recession warnings. Major US indexes saw big bounces in Tuesday trading, reversing last week’s declines, but remained deep in the red …

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