|Bid||1.1400 x 1800|
|Ask||1.4100 x 1300|
|Day's Range||1.2000 - 1.2100|
|52 Week Range||1.0300 - 2.6200|
|Beta (3Y Monthly)||1.28|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.04 (3.25%)|
|1y Target Est||N/A|
A market correction in the fourth quarter, spurred by a number of global macroeconomic concerns and rising interest rates ended up having a negative impact on the markets and many hedge funds as a result. The stocks of smaller companies were especially hard hit during this time as investors fled to investments seen as being […]
Moody's Investors Service ("Moody's") said that Teekay Corporation's (Teekay or Parent, B3 stable) plan to sell its remaining minority interests in Teekay Offshore Partners L.P. (TOO, B3 stable), one of its two master limited partnership (MLP) subsidiaries, for $100 million to Brookfield Business Partners LP is credit positive. Despite this credit profile enhancement, Teekay's ratings remain unchanged at this time, including the B2 rating on the new secured bond and B3 Corporate Family Rating.
Moody's Investors Service, ("Moody's") assigned a B2 rating to Teekay Corporation's ("Teekay" or "Parent") proposed senior secured notes due in 2024. Concurrently, Moody's affirmed Teekay's B3 Corporate Family Rating ("CFR") and SGL-3 Speculative Grade Liquidity rating, denoting adequate liquidity.
Investors need to pay close attention to Teekay Offshore Partners (TOO) stock based on the movements in the options market lately.
“Value has performed relatively poorly since the 2017 shift, but we believe challenges to the S&P 500’s dominance are mounting and resulting active opportunities away from the index are growing. At some point, this fault line will break, likely on the back of rising rates, and all investors will be reminded that the best time […]