DRUA News and Press, Dominion Energy Inc. 2016 Series A 5.25% Enhanced Junior Subordinated Notes due 2076 From 07/06/20

Summary June saw me continuing to invest sizeable amounts of savings and cash - around $10,300 in total, slowly cutting away at my still-sizeable cash position. My target remains to have spent the majority of my savings during 2020 and to be above 98% stocks, if not 99.3%, by December...

Berkshire Hathaway ( BRK.A ) ( BRK.B ) is buying Dominion Energy's ( D ) natural gas transmission and storage assets for $9.7 billion cash and debt assumption . This is Buffett's first big purchase since the Covid-19 pandemic. A "Buffett buy" has been eagerly anticipated and debated among...

Although this article covers the results for the month of May, I did want to discuss a trade made during the month of June where we sold shares of Kimco ( KIM.PL ) Preferred Series L. As much as I would like to take credit for the timing of selling this holding I can honestly say it was lucky ...

Carbon pricing going global Carbon pricing is growing, whether with national schemes or companies internal pricing, as ESG issues go mainstream. It is set to imminently expand to some of the world's largest carbon emitters, China and the Transport (Shipping, Airlines) sector. The COVID rec...

The Federal Reserve's financial stress test results increase risk of credit tightening and dividend cuts, and that should make most investors uneasy about buying banks. Fiscal and monetary policy could ease the burden of rising delinquency and default rates resulting from job losses and slower...

On June 6, I warned of growing risk of a 5% pullback because the percentage of stocks trading more than 5% above their 200-day moving average had significantly increased to nearly 40%. A 7% retreat in the SPDR S&P 500 Trust ETF ( SPY ) between June 8 and June 11 has normalized this indic...

Last week, I wrote how risk of a 5% pullback was rising, and this week, uncertainty remains high enough to suggest selling rallies in sectors with demand headwinds so that cash can be used to buy better businesses where demand tailwinds are strongest. My caution stemmed from a surge in our...

REIT Rankings: Mall REITs ( Hoya Capital Real Estate , Co-Produced with Brad Thomas ) Mall REIT Sector Overview Having once represented as much as 15% of the "Core" REIT ETFs, mall REITs now comprise just 3-5% of the broad-based real estate indexes. Within the Hoya Capital ...

Dividend Cuts And Suspension/Elimination There were only two companies that suspended dividend payments during the month of April. Apple Hospitality ( APLE ) is a real estate investment trust ( REIT ) that operates hotels in 87 markets across the United States. According to the most re...

For the first time since March, our favorite overbought/oversold indicator has shifted from risk reward favoring buyers to neutral. With nearly 30% of institutional quality stocks in our coverage trading 5% or more above their 200-day moving average ((DMA)), the risk of a 3% to 5% pullback in ...