Talen Energy Corp. (TLN) increased 7.64% from $49.97 to $55.02 last week after the passage of Pennsylvania’s digital infrastructure legislation which provides tax exemptions for data center investments.
Peru’s sovereign bonds (PERU) increased 2.6% from $89.82 to $92.19 last week as central banks in developing nations take center stage in an extended rally in emerging markets given the Fed is in no hurry to raise interest rates.
CHICAGO IL TAXABLE-P is this week’s winner, up 3.35% from $126.40 to $130.63 as they announce a plan that would grant certain households $500/mo stipends, following similar relief to that provided under earlier in 2021.
PEABODY ENERGY TL B is this week’s winner, up 3.5% from $75.69 to $78.36 as the company’s strong performance continues, credited to surging coal prices.
LIGHTSTONE GENERATION LLC TL B is this week’s winner, up 3.4% from $74.84 to $77.35 as the group remains atop the list of distressed issuers despite the recent decline in the supply of distressed securities which had previously seen steady weekly growth.
Lagardere (MMBFP) increased 5.5% from $99.07 to $104.52 last week after Vivendi agrees to buy Amber Capital’s stake in the company to create media empire.
LIGHTSTONE GENERATION LLC TL B is this week’s winner, up 3.4% from $74.84 to $77.35 as the group remains atop the list of distressed issuers despite the recent decline in the supply of distressed securities which had previously seen steady weekly growth.
PR GO RFDG-PUB IMPT- is this week’s winner, up 2.95% from $80.25 to $82.61 as Cuba’s Cimba and Mexico’s drug and medical device marketer Neuronic Mexicana announced a joint venture that seeks to increase the value of biotechnology products by financing clinical trials in underdeveloped countries.
Peabody Energy Corp. (BTU) increased 4.5% from $80.72 to $84.37 last week as demand for U.S. coal exports and natural gas increases, and industrial demand for energy recovers from its pandemic slump.
Edison Intl (EIX) increased 3.6% from $100.64 to $104.25 last week after California’s record-breaking power prices show the market’s desire for more reliable gas generation and highlight the overall value of fossil fuel.
