Investors Rush to Dump Canacol Bonds, Fueling Worst Rout in EM
Bonds of the Calgary-based company handed investors a 30% loss year to date, according to data compiled by Bloomberg. The plunge is accelerating, with notes maturing in 2028 slumping almost 11 cents on the dollar to 35.75 cents since Canacol made a debt payment in late May.
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Business Wire
23 minutes ago
- Business Wire
Sammons Financial Group Employees Direct $175,000 to Iowa Charities
WEST DES MOINES, Iowa--(BUSINESS WIRE)-- Sammons ® Financial Group, Inc. announced the results of its 2025 Community Outreach Program. Sammons Financial Group employees selected 25 organizations to receive a total of $175,000 in financial support. Recipient charities were invited to the company's West Des Moines headquarters to further connect with employees about their organization and mission. The initiative, started in 2018, empowers employees to nominate their favorite local charities to be considered for a financial grant from Sammons Financial Group. The employees who choose to make nominations are given the opportunity to educate their coworkers on the mission of the organization and why they are passionate about it. Employees then vote for the organizations they would like the company to support financially. 'Our employees selected this year's recipients because of the excellent work they do in our community,' said Casey Decker, West Des Moines site leader and Chief Operating Officer at Sammons Financial Group. 'We're proud to support these organizations elevating the quality of life in Central Iowa.' The following organizations received funding from the 2025 Community Outreach Program: Aheinz57 American Cancer Society (Iowa Chapter) American Lung Association of Iowa American Parkinson Association Iowa Chapter Animal Rescue League of Iowa Building Brave Teams Camp Fire of Iowa Combat Vets Motorcycle Association Iowa Chapter 39-1 Des Moines Refugee Support Focuss Four Oaks Foster and Adoption Support Great Plains Pointer Rescue Hope Ministries Iowa Donor's Network Iowa Jobs for America's Graduates Kid Hope USA Leukemia and Lymphoma Society of Iowa Mason's Lighthouse Peace Creek Animal Sanctuary and Rescue SEEDS Shriner's Children's Hospital in partnership with Blank Children's Hospital Sleep in Heavenly Peace The Supply Hive Urban Bicycle Food Ministry Waypoint Resources The Community Outreach Program is one part of Sammons Financial Group's longstanding commitment to its communities. In 2024, the company donated $4.7 million to local charities through its various charitable giving programs. West Des Moines is home to about 1,000 on-site and remote employees. A similar program is held each year in the Sioux Falls office, which has 600 employees. About Sammons ® Financial Group, Inc. Sammons Financial Group ® helps families and businesses by empowering futures and changing lives. Sammons Financial Group is employee owned with member companies that are among the most enduring and stable in the financial services industry. Our member companies include Midland National ® Life Insurance Company (including Sammons ® Corporate Markets); North American Company for Life and Health Insurance ®; Sammons Institutional Group ® (including Midland Retirement Distributors ® and Sammons Retirement Solutions ®) and Sammons Wealth Management Group. Committed to our communities, Sammons Financial Group is Midwest-based, with offices in Iowa, Illinois, Minnesota, North Dakota, Ohio, and South Dakota.
USA Today
23 minutes ago
- USA Today
Former Ryder Cup captain to help lay out new golf course in Wisconsin
Wisconsin native and former Ryder Cup captain Steve Stricker will serve as a player consultant on a new course to be built in the southern section of the state less than an hour from Milwaukee. Stricker will join forces with Jackson Kahn Design and architect Scott Hoffman to lay out what will be become the private Kettle Forge in Ashippun. Wisconsin already is one of the best golf states in the U.S., especially on the public-access side with destinations such as Whistling Straits and the other courses at Kohler, Sand Valley and Erin Hills. Kettle Forge, with an anticipated opening in 2027, is about eight miles west of Erin Hills, which hosted the 2015 U.S. Open as well as this year's U.S. Women's Open. Nebraska-based Landscapes Unlimited will build the course on 270 acres. Its sister company, Landscapes Golf Management, will operate the club as well as oversee the course grow-in and handle membership sales at Kettle Forge. 'This is pure, unadulterated golf without tennis and swimming,' Bill Kubly – chairman of Landscapes Unlimited, a principal of Kettle Forge and a Wisconsin native – said in a media release announcing the course. 'Based on our work at Lost Rail outside Omaha, Kettle Forge is likely to reach a full membership before the course opens.' The Kettle in the name refers to local glacial kettles (steep-sided hollows) and mounds in the landscape. Holes on the 7,600-yard course will traverse wetlands and feature wide fairways across dramatic elevation changes. The clubhouse and guest cottages will be located atop a big hill with 20-mile panoramic views. 'Kettle Forge will uniquely look like a natural preserve with grasses, wildflowers and wetlands,' Brett Craig – a Wisconsin resident, former president and COO of Transitions Optical and a principal of Kettle Forge – said in the media release. 'It promises to be a course that attracts repeat play – fair to members yet exhilaratingly difficult for those who desire challenge amid rugged elegance and timeless appeal.'
USA Today
23 minutes ago
- USA Today
Trader Joe's is bringing back its mini tote bags this fall: Here's what we know
Trader Joe's beloved mini canvas tote bags are coming back this fall. The California-based grocery store confirmed to USA TODAY on Aug. 18 it plans to release more mini canvas tote bags in the fall, although the company declined to share any further information regarding colors, pricing and when customers can expect to see the bags. The Reno Gazette Journal, part of the USA TODAY network, reported on Aug. 13 the bags will be available in black, orange, purple and a multicolored option and will cost $2.99 each. The last batch of bags was released in April and appeared to be Easter-themed, as they were available in pastel shades of blue, pink, purple and green. Mini insulated tote bags available now While the mini canvas tote bags are not available at the moment, Trader Joe's does have mini insulated totes available now. The bags, about the size of a lunchbox, are available in two colors: peach and blue. They are available for $3.99 each. Mini canvas tote bags went viral last year In March 2024, the mini totes became so popular that customers waited in lengthy lines to get their hands on them. Viral videos on TikTok showed frenzies and long lines at the stores, where employees were often forced to limit how many bags customers could purchase. The "mini canvas tote bags certainly sold more quickly than we anticipated," Trader Joe's representative Nakia Rohde told USA TODAY in March 2024. "Before we had the opportunity to promote them in any way, customers across the country found them at their neighborhood Trader Joe's." The overwhelming hype led people to list the bags for as much as $500 on online marketplaces like Facebook and eBay. At the time, Trader Joe's made it clear that it was aware of the resellers, adding that it was "done without our approval or authorization and outside the controls of our quality-minded supply chain." The company continued, "To be clear, we neither condone nor support the reselling of our products and do all we can to stop the practice." Contributing: Ariel Smith, Eric Lagatta, Jonathan Limehouse & Taylor Ardrey, USA TODAY Network Gabe Hauari is a national trending news reporter at USA TODAY. You can follow him on X @GabeHauari or email him at Gdhauari@
