Munis started off quiet this week ahead of some big deals on tap, with new issuance totaling nearly $8 billion. Triple-A yield curves were little changed on the day while U.S. Treasuries were stronger. Ratios were slightly higher with the five-year muni-to-UST ratio at 49% in five years, 72% in 10 and 82% in 30,
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In this article MS Morgan Stanley CEO James Gorman walked back an edict that employees should be back at the office by now and issued a new forecast for how long companies would delay the return. “I was wrong on this,” he told CNBC’s Wilfred Frost Monday on “Closing Bell.” “I thought we would have
In this article HOG PFE SIVB XOM KO CCL GME Customers view Harley-Davidson Inc. motorcycles at the company’s dealership in South San Francisco, California, U.S., on Tuesday, June 26, 2018. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Harley-Davidson — Shares of the motorcycle maker jumped
The U.S. Virgin Islands Water and Power Authority sold $35 million of bond anticipation notes at a high yield of 7% for tax-exempt notes and 9% for taxable notes. WAPA closed the deal the week of Nov. 29. High-yield investment giant Nuveen bought the $34.5 million of tax-exempt BANs and $500,000 of taxable BANs via
sponsored Nested exchanges are becoming a popular tool for money launderers. Learn all about nested exchanges/services and what we’re doing to combat them as well as how to avoid them and why accounts get blocked or frozen because of them. Main Takeaways: A nested exchange provides crypto trading services through an account or wallet on
Rita Jenrette scandalized Washington in the 1980s when, as the wife of a disgraced congressman, she posed for Playboy. After reinventing herself as a New York real estate broker and eventually marrying into Italian nobility, she’s now saying arrivederci to the historic villa that’s been in her late husband’s family for 400 years. Seated in
In this article 3333-HK An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters BEIJING — Indebted property developer China Evergrande defaulted this week with hardly a ripple in markets as most institutions remained silent. Late Thursday, Fitch Ratings said Evergrande had not confirmed payment of its
Ethereum’s native token Ether (ETH) reached an all-time high around $4,867 earlier in November, only to plunge by nearly 20% a month later on rising profit-taking sentiment. And now, as the ETH price holds $4,000 as a key support level, risks of further selloffs are emerging in the form of multiple technical and fundamental indicators.
Quincy, Massachusetts, is planning a $475 million pension obligation bond sale for Tuesday that is projected to fully fund its retirement system. City officials say they are getting out front of a state directive for its municipalities to reach full pension funding by 2037 and borrowing while interest rates are still low. Ramirez & Co.
In this article MRVL RIVN GOOGL S WCN-CA RJ Scaringe and team on opening day at Rivian’s manufacturing campus in Normal, IL. Source: Rivian The market volatility in recent weeks is enough to make even the most experienced investors worried, particularly as they contend with the omicron Covid variant and the prospect of tighter monetary
Check out the companies making headlines before the bell: Chewy (CHWY) – The online pet products retailer’s stock tumbled 10% in the premarket after it reported a wider-than-expected quarterly loss. Sales were in line with Street forecasts, but profit was impacted by higher costs for labor and supply chain issues. Lululemon (LULU) – The athletic apparel
Amid rising prices, supply chain disruptions and labor shortages, governments are increasingly eying so-called progressive development agreements, or PDAs, as a way to minimize uncertainties as they embark on complex infrastructure projects. The move can reduce risks and costs and deliver a project faster, said Moody’s Investors Service analyst John Medina. “Construction costs are very
Why do crypto traders “buy the rumor, sell the news”? Simple. Because whispers of exchange listings or big-name partnerships reach very few people… while an article in Cointelegraph can reach hundreds of thousands of crypto enthusiasts in seconds. While insiders are quietly amassing tokens on rumors, the rest of us are completely ignorant of what
San Miguel de Allende in central Mexico is often associated with baroque architecture, a historic central core and captivating city views. This country home, set on 10 acres about 8 kilometers or 5 miles from the city, offers a different perspective. The gated hacienda near the tiny town of Loma de Cabras takes in the
Poorer neighborhoods are hotter than wealthier ones. That’s the overriding finding from the New York City component of a national project to map urban heat islands. Scientists have long known that urban areas generate heat, but until now they’ve not been able to map them street by street. On a searing summer day in New
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Vitalik Buterin outlines ‘endgame’ roadmap for ETH 2.0 With the
Chicago wrapped up the pricing on $1.45 billion of refinancing bonds Thursday after structural tweaks and a $1 billion tender and exchange allowed the city to scale back on the deal’s size and still meet a $250 million savings target. A look at the 10-year in the tax-exempt pieces showed spreads narrowed sharply from the
In this article QUOT SDI Productions | E+ | Getty Images Company: Quotient Technology, Inc. (QUOT) Business: Quotient Technology operates as a digital media and promotions technology company that offers power integrated digital media and promotions programs for brands and retailers. The company operates through two segments: (i) Promotions segment, which offers digital coupons and
In this article AMCX Shopping carts are lined up in front of a Costco store on February 25, 2021 in Inglewood, California. Mario Tama | Getty Images Check out the companies making headlines in midday trading Friday: Costco — Costco shares rose more than 6% after the warehouse retailer posted its latest quarterly numbers a day
Upstart (UPST) is ripe for a buy today with a couple of key support levels ready to maintain its buoyancy, following an overdone sell-off last month. For more color: https://www.zacks.com/stock/news/1837635/upstart-upst-a-fintech-investment-to-act-on-today?art_rec=home-home-top_stories-ID06-txt-1837635 Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE