Archive for January, 2010

REITs May Boost Dividends -

January 15, 2010

BusinessWeek reports that a dozen real estate investment trusts are likely to increase their next dividend.  Overall, the industry raised $33 billion dollars last year and may be making a comeback in the minds of investors.  Dividends are a major draw for investors in this segment.
To read a related BusinessWeek article, please click here:
http://www.businessweek.com/news/2010-01-15/u-s-reits-poised-to-boost-dividends-after-raising-33-billion.html

Posted in Real Estate No Comments »

Natural Gas Inventories Decline -

January 14, 2010

Natural Gas inventories came in lower than analysts had expected.  The drop had little effect on prices which remained down for the trading day.  Warmer than normal temperatures are predicted for the week ahead as are slight production increases.  These factors played a role in price declines which may continue for the months ahead. 
To read [...]

Posted in Natural Gas, Options & Futures No Comments »

California Credit Rating Cut -

January 13, 2010

Standard & Poor’s cut the credit rating for the state of California.  The new rating is A- on $64 billion of general obligation bonds.  California has had a fiscal crisis for an extended time which is starting to have an effect on their bonds.
To read a related article in Bloomberg, please click here:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aeEiJ2Fz4dfk&pos=5
 
Jim Sutliff

Posted in Banking, Bonds, Economic News No Comments »