Chris Hohn's TCI Fund Holds $52.77B Across Just 11 Stocks in Q2 2026
TCI Fund Management's Q2 2026 13F filing shows a $52.77 billion portfolio spread across just 11 stocks, with GE Aerospace alone accounting for $17.73…
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Preferred StocksNews
Huntington Bancshares' HBANZ Preferred Shares Start Paying 7.19% Yield Quarterly Dividend
Huntington Bancshares' HBANZ preferred shares have begun paying a quarterly dividend of $0.344 per share, translating to a 7.19% yield, adding a new entrant to bank preferred income screens.
DividendsNews
Texas Capital Bancshares Declares First-Ever Dividend, Ending Growth-Only Era
Texas Capital Bancshares has initiated its first-ever dividend, a quarterly $0.20 per share payment, ending a long history as a growth-focused lender that retained rather than distributed earnings.
Prospect Capital's 18-24% Yield Highlights BDC Payout Sustainability Debate
Prospect Capital Corporation's forward and trailing yields sit at 18.42% and 23.90%, with no dividend growth in the latest complete year…
Abercrombie & Fitch Stock Jumps 35.67% in a Session as Dividend Stays Dormant Since 2020
Abercrombie & Fitch shares surged 35.67% in a single session, trading near 52-week highs, while dividend records show payments suspended since March…
Wealth ManagementNews
Oregon's 2026 OR-706 Filing Update Reinforces Split Between State and Federal Estate Tax Rules
Oregon's 2026 OR-706 form update signals that state estate-transfer-tax filings remain governed by separate rules from federal thresholds, a distinction planners say estates and heirs should not overlook when reviewing exposure.
Wealth ManagementNews
Washington's New $3 Million Estate Tax Threshold Takes Effect July 2026
Washington's Department of Revenue has set a $3 million estate tax filing threshold and exclusion for deaths on or after July 1, 2026, with new state-specific rate and deduction rules replacing prior thresholds.
Wealth ManagementNews
IRS Sets 2026 Estate-Tax Exclusion at $15 Million, Gift Limit Holds at $19,000
The IRS has set the 2026 federal estate-tax basic exclusion at $15 million while keeping the annual gift-tax exclusion at $19,000 per recipient, figures that planners say should not be confused with 2025 amounts.
Air T's 8% Baby Bond Trades at Steep Discount as Rex Engine Supply Issues Persist
Air T Inc's exchange-traded 8% baby bond AIRTP trades near $18.75, a 25% discount to its $25 par value, yielding 10.67% currently and 11.01% to…
Preferred StocksNews
Schwab's 5.95% Series D Preferred Trades at 5.5% Discount as Common Shares Slide 2.6%
Charles Schwab's 5.95% Series D preferred stock trades at a 5.5% discount to its $25 par value, yielding 6.30%, while SCHW common shares fell 2.6% in a session marked by divergent moves across large-cap names.
Oracle's 6.5% Convertible Preferred Trades at Discount as Common Stock Jumps 2.8%
Oracle's 6.5% Series D convertible preferred is trading near an 8.7% discount to its $50 par value even as Oracle common stock rose 2.8%, a…
Russia's 10-Year Yield Climbs to 16.18% as War-Economy Pressures Mount
Russia's 10-year government bond yield has risen to 16.18%, up 2.88 percentage points year-over-year, as Ukrainian drone strikes on refineries, a…
Hyperliquid's HYPE Token Surges 114% in a Month as Trump Comments Fuel Regulatory Optimism
Hyperliquid's HYPE token climbed 42.8% weekly and 114.5% monthly, trading near $83, as comments from Trump on U.S. market access, a new buyback…
AMD Shares Jump 4.9% After Analyst Upgrade Calls It Future Data-Center CPU Leader
AMD stock rose 4.9% to $479.18 after an analyst upgrade highlighted its data-center CPU strength over Intel and Nvidia, with Barron's and Finbold…
Appaloosa Trims Micron 41%, Cuts Consumer Cyclical Bet, Adds Korea Chip ETF in Q2
Appaloosa's Q2 13F shows a 41% Micron trim, an 8.3-point cut to Consumer Cyclical exposure, and a new iShares MSCI South Korea ETF stake…