LONG BEACH CA CCD-H ranked on the Quote Volume list this past week increasing from 6 to 42 quotes as Moody’s assigns a Aa2 rating due to district’s large and diverse assessed value that indicates further favorable growth.
PEABODY ENERGY TL B is this week’s winner, up 3.2% from $81.49 to $84.05 due to a recent surge in coal prices and increase in demand among the U.S., China, and Europe.
Exela Technologies (EXLINT) increased 5.4% from $74.35 to $78.36 last week after the firm announced plans to deploy over $400 million capital to reduce company debt.
PR GO RFDG-PUB IMPT- is this week’s winner, up 3.22% from $81.00 to $83.61 after the House of Representatives approved legislation that allows the commonwealth to sell restructuring bonds to cut $19 Billion in debt.
Telefonica Europe (TELEFO) increased 3.6% from $136.84 to $141.75 last week after announcing its collaboration with IBM to implement its first cloud-native 5G core network platform.
PEABODY ENERGY TL B is this month’s winner, up 11% from $73.02 to $81.03 as in the past two there has been a high volume of news searches, insiders selling of company shares, and increases in the company’s options and bonds.
GULF FINANCE TL B is this week’s winner, up 12% from $85.56 to $95.80 as the company looks to cut its outstanding loan balance from $1.05 billion to $723 million. The refinancing will lower Gulf’s default risk and extend its financial runway according to Moody’s.
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.