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Since my April mention, KAR has climbed 13%, spurred largely by a second-quarter earnings report in August that included profits of 65 cents per share, well ahead of analysts' expectations for 58 cents. CEO James P. Hallett said its Insurance Auto Auctions division was a "grand slam," with the division growing adjusted EBITDA 27% year-over-year.
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A municipal bond can be a general obligation (GO) bond or a revenue bond. A GO bond is a bond that isn't backed by some kind of revenue source. A revenue bond is a bond that is secured by a revenue source, like a toll road or some other tax, like hotel or gas taxes.
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But that’s changing. Current yield: 2.26 percent 2.1% Weekly, for 700 Days
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