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We are back after a couple days off to 'recharge' our batteries. Taking a few days away from the office is always great, but it makes you wonder how long you want to endure the rat race of the daily grind.Turning on the business news today you can't get away from the talk of the potential Fed actions (or inaction)…

There should be a bunch of vasillating during the trading day this coming week--at least until Thurday afternoon when the FOMC will release their meeing statement, followed by Chair Yellens press conference. While up until a week or so ago we were confident that the Fed Funds rate would be raised we now think the odds are more like 50/50.…

As always we get lots of correspondence from our readers--and seldom do we have time to go through them carefully, which is unfortunately as they typically contain some good information.Below we recap some of the comments, suggestions and error corrections that have come in lately.Randy dropped us a note on some REITs that we didn't have on our Master List…

Wells Fargo has sold a new non cumulative preferred stock issue.The issue is investments grade and carries a coupon of 6%---not a huge coupon, but a super solid banking company. The issue is perpetual so will show some price movement when/if interest rates begin to rise.  A long term, conservative investor could sleep well at night with this issue if…

Date Issued  9/8/2015Shares Offered  36,000,000 Overallotment Shares 4,000,000S&P Rating   BBB   Moodys Rating   Baa2Security Ticker Symbol   WFC-V  OTC Temp Ticker  WLFGPMarket Traded ON   NYSEDividend Payment Paid on the 15th of March, June, September and December beginning on 12/15/2015Quarterly Dividend   .375   Annual Dividend   1.50Securities may be redeemed, at the issuers option, as early as 12/15/2020 for a redemption price of $25/share plus accrued…