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| BondsOnline.com: instant access to and extensive coverage of over 3.5 million stocks, bonds, indexes and other securities covering major and emerging markets and exchanges across the globe. |
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| Bonds Online |
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| 5/10/2013Market Performance |
| Municipal Bonds |
|---|
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S&P National Bond Index
|
3.00% |
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S&P California Bond Index
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2.96% |
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S&P New York Bond Index
|
3.13% |
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S&P National 0-5 Year Municipal Bond Index
|
0.70% |
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| S&P/BGCantor US Treasury Bond |
400.09 |
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| Income Equities: |
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| Preferred Stocks |
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S&P U.S. Preferred Stock Index
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848.03 |
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S&P U.S. Preferred Stock Index (CAD)
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636.26 |
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S&P U.S. Preferred Stock Index (TR)
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1,701.05 |
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S&P U.S. Preferred Stock Index (TR) (CAD)
|
1,276.26 |
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| REITs |
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S&P REIT Index
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174.07 |
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S&P REIT Index (TR)
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425.30 |
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| MLPs |
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S&P MLP Index
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2,469.58 |
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S&P MLP Index (TR)
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5,428.50 |
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See Data
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SEC accuses city of Victorville, officials of fraud |
Los Angeles Times - April 29, 2013 - By Marc Lifsher
Federal securities regulators have accused the city of Victorville, an official, the airport authority and municipal bond underwriters of fraud stemming from a 2008 offering.
The Securities and Exchange Commission on Monday accused the parties of inflating the value of properties -- mainly airplane hangars at the Southern California Logistics Airport --to secure $68 million worth of bonds.
QUIZ: How much do you know about California's economy?
The bond underwriter, Kinsell, Newcomb & DeDios, also was accused of misusing more than $2.7 million in bond proceeds.
Named in the lawsuit are the city of Victorville; the Southern California Logistics Airport Authority; Kinsell, Newcomb & DeDios Inc.; KND Affiliates; J. Jeffrey Kinsell, president of KND; Janees L. Williams, vice president of KND; and Keith C. Metzler, assistant city manager of Victorville.
KND Holdings Inc. is a relief defendant. It is solely owned by Kinsell and is the parent company of KND.
For the complete article.
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| Stuff to look at |
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| BondsOnline Advisor |
Income Security Recommendation January 2013 Issue.
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