MITEL NETWORKS 2ND LIEN TL is this week’s winner, up 14.2% from $78.91 to $90.11 following the announcement of a strategic partnership with RingCentral to provide Mitel’s global customer base with a migration path to RingCentral’s cloud communications platform.
Top weekly insights from Solve Advisors' Bank Loans, Municipal Bonds and Corporate Bonds market summaries.
Sinclair’s Diamond Sports Group (DSPORT) increased 32.8% from $24.38 to $32.37 last week given swings to company profits last quarter and continued recovery across the advertising landscape.
NJ INFRASTRUCTURE BK is this week’s top performer, up 4.37% from $92.31 to $96.35 with congress set to vote on two major infrastructure spending bills this week which would include funding for several projects including those in infrastructure, childcare, and health care in the state.
Coca-Cola (KO) increased 4.1% from $189.01 to $196.74 last week after buying full control of Bodyarmor for $5.6 billion in its largest brand acquisition in history.
MITEL NETWORKS 2ND LIEN TL is this week’s winner, up 23.4% from $63.94 to $78.91 as the telecommunications company offers insight into their new private cloud migration software.
Top weekly insights from Solve Advisors' Bank Loans, Municipal Bonds and Corporate Bonds market summaries.
Talen Energy Corp. (TLN) increased 6.9% from $65.48 to $70.00 last week after news broke last month that they were considering launching their first renewable power generation project in Texas.
General Electric (GE) increased 10% from $138.09 to $143.17 last week as investors turn to more recession resistant investments with reliable growth given the current economic uncertainty.
PUERTO RICO HIGHWAYS AND TRANSPORTATION AUTHORITY is this week’s winner, up 18.1% from $49.17 to $58.05 continuing their positive stretch since the Commonwealth of Puerto Rico’s financial oversight board approved the sale of bonds last month.
