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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
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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
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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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| More |
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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)
|
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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National City |
National City
The following is a summary of the UBS full-length report on this topic, dated August 29, 2005.
Sharp Rebound In 2Q05, But Mainly Due To Hedging Gains:
During 2Q05, NCC's earnings rebounded sharply, with net income of $625
million, up from $484 million (+29%) in the previous quarter and $519
million (20%) from 2Q04. While solid sequential gains were generated
from consumer and wholesale banking, the primary driver of the quarter
was from mortgages, in particular gains on mortgage servicing rights
(MSRs).
Stable Credit, But Still Ongoing Dependence On Mortgages:
NCC's credit profile reflects above-average profitability, coupled with
a solid franchise in its home market. Somewhat offsetting these
strengths are a continued dependence on the mortgage sector, which can
and has introduced earnings variability.
Lowering Opinion To Underperform:
While we continue to view NCC as a reasonably stable 'A' credit, we
believe that expected above-average earnings volatility will have a
slight dampening effect on the company's spreads going forward. As a
result, we are revising our opinion on NCC to 'Underperform' from
'Market Perform', while reiterating our rating and trend.
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| Partner Market Place |
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| Stuff to look at |
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S&P Commentary and Newsletters: S&P
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| BondsOnline Advisor |
Income Security Recommendation January 2013 Issue.
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