CHICAGO–(COMMERCIAL THREAD) – XAI Octagon Floating Rate & Alternative Income Term Trust (the âTrustâ) (NYSE: XFLT), a diversified closed-end management investment company whose investment objective is to seek an attractive total return by Focusing on generating income over multiple stages of the credit cycle, closed its previously announced bought deal …
Read More »Monthly Archives: July 2021
Honeywell (HON) Second Quarter Profits, Top Revenue Estimates, Up Y / Y
Honeywell International Inc. HON posted better-than-expected results for the second quarter of 2021, in which both earnings and revenue exceeded estimates. Earnings and income Adjusted earnings were $ 2.02 per share, beating Zacks’ consensus estimate of $ 1.94. Net income jumped 60.3% year-on-year. Honeywell’s second quarter revenue was $ 8,808 …
Read More »Smoke from wildfires pushes people indoors, increasing risk of COVID
MISSOULA, Mont. â The new library in downtown Missoula was full of people who could typically spend a Saturday afternoon hiking, biking, or making the most of Montana’s abundant outdoor recreation. One glance at the soft haze blanketing the city and the reason was clear. âWe’re really trying to stay …
Read More »Atlanta Clark University partners with Operation HOPE to help create 1 million new black businesses
HBCU becomes first to officially commit to $ 130 million Shopify-funded initiative Clark Atlanta University (CAU) today announced a groundbreaking partnership as the first Historically Black College and University (HBCU) to officially become a partner of Operation HOPE National Million Black Business Initiative (1MBB). The CAU’s commitment includes impacting the …
Read More »New Haven ‘Exit 8’ gang member gets 2-year jail offer: Feds
NEW HAVEN, CT – Jaquan Gray, 27, of New Haven, described by prosecutors as a member of the so-called “Exit 8” gang, was sentenced to 27 months in prison in federal court on Thursday. According to a press release from the Acting U.S. Attorney General for Connecticut, the loaded 9mm …
Read More »Broadcom (NASDAQ: AVGO) appears to be using debt quite wisely
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said “volatility is far from risk.” It’s only natural to consider a company’s balance sheet when looking at its level of risk, as debt is often involved when a business …
Read More »Do investors undervalue Magnolia Oil & Gas Corporation (NYSE: MGY) by 39%?
In this article, we’ll estimate the intrinsic value of Magnolia Oil & Gas Corporation (NYSE: MGY) by taking expected future cash flows and discounting them to their present value. One way to do this is to use the Discounted Cash Flow (DCF) model. It may sound complicated, but it’s actually …
Read More »Climate change: how Boris Johnson’s government plans to harness international free trade in the fight against global warming – Alister Jack MP
Britain’s low-carbon economy could grow by 11% per year between 2015 and 2030, four times faster than the rest of the economy (Photo: Jeff J Mitchell / Getty Images) Natural disasters are increasing in frequency and intensity. Already these catastrophic events have caused $ 3 trillion in damage around the …
Read More »United Electronics Company (TADAWUL: 4003) to Pay 2.00 Dividend in Three Days
Readers wishing to buy United electronics company (TADAWUL: 4003) for its dividend will have to make its move shortly, as the stock is about to trade ex-dividend. The ex-dividend date is one working day before the registration date, which is the deadline by which shareholders must be present on the …
Read More »Liverpool transfer news – Kylian Mbappe boost, Donyell Malen claims, Marko Grujic out
Liverpool confirm Grujic’s departure Liverpool have confirmed that midfielder Marko Grujic has left the club and joined FC Porto. A statement on the club’s website read: “Liverpool midfielder Marko Grujic sealed a permanent transfer to FC Porto today. “The Serbian international returns to the Portuguese club after making 39 appearances …
Read More »Olaparib improves disease-free survival in early HER2-negative breast cancer
At a virtual press briefing ahead of the 2021 American Society of Clinical Oncology annual meeting, researchers reported clinically significant benefit 1 year after starting standard treatments, such as surgery, chemotherapy, hormone therapy or radiotherapy, in patients with early BRCA1 / 2 -mutant HER2-negative breast cancer at high risk of …
Read More »Donato’s Saratoga selections for Wednesday, July 21, 2021
The featured race for Wednesday is the Rick Violette Stakes run on gravel over six stages, and although it is a short sprint race, it will be the longest for all competitors as none have raced. more than 5 1/2 stages previously. Besides distance, the other universal unknown for these …
Read More »BABA Stock: Time to Buy Deeply Undervalued Alibaba Stock
Ali Baba (NYSE:BABA) is a Chinese e-commerce company with a market capitalization of $ 574 billion and the largest in China. But recently, it has faced more competition and other headwinds in China. Nonetheless, Alibaba is still producing significant profits and free cash flow. As a result, BABA stock is …
Read More »Barcelona News: Antoine Griezmann ‘incompatible with Messi’ as club prepare for exit | Football | sport
Barcelona are desperate to get Antoine Griezmann off his books in order to facilitate the signing of Lionel Messi, who is now a free agent after his previous contract expired earlier this month, according to the report. Griezmann has been heavily linked with a return to Atletico Madrid in recent …
Read More »Coatings Raw Material Market Growth in Specialty Chemicals Industry | Emerging trends, business risks and key leaders
NEW YORK, July 20, 2021 / PRNewswire / – Technavio is monitoring the coatings raw material market and is poised to grow by 9,808.00 thousand tonnes during the period 2021-2025. The report predicts that the market will grow at a CAGR of 4.64%. Further, the report offers a detailed analysis …
Read More »Dodgers trade deadline playbook opens – press enterprise
Editor’s Note: This is the Friday, July 19 edition of Journalist JP Hoornstra’s Inside the Doggers newsletter. To receive your newsletter in your inbox register here.. The recent debate over the Dodgers’ trading deadline quickly turns into a pitch. Specifically, start throwing. The reason is easy to understand. back Walker …
Read More »Building Your Practice: A Step-by-Step Guide to Contingency Planning and Retirement Exit Advisors
STEP 4: The counselor who plans his discharge determines the best future tariff structure for their clients. Maybe the retired advisor charges commissions per trade, but thinks fees based on asset value are best for the future. STEP 5: A counselor who is planning their discharge should assess their willingness …
Read More »We think VF (NYSE: VFC) is taking risks with its debt
Legendary fund manager Li Lu (whom Charlie Munger supported) once said, “The biggest risk in investing is not price volatility, but the possibility that you will suffer a permanent loss of capital. So it can be obvious that you need to consider debt, when you think about how risky a …
Read More »Most of South Korean warship’s crew have coronavirus – Press Enterprise
Associated press Seoul, South Korea – The number of sailors infected by South Korean destroyers during anti-piracy missions off East Africa has risen to 247. This is the largest population in the armed forces during the coronavirus pandemic. The Pentagon announced Monday that two military planes had been dispatched to …
Read More »Banks will quit ARCs as they set up a “bad bank”
Lenders have started looking for buyers for their stakes in Asset Reconstruction Companies (ARCs) to free up capital for the launch of National Asset Reconstruction Co. Ltd (NARCL), the “bad bank” they will jointly own. In February, the state-run Punjab National Bank (PNB) placed its entire 10.01% stake in Arcil, …
Read More »Infinity Pharmaceuticals (NASDAQ: INFI) Well Positioned to Achieve Growth Plans
Even when a company loses money, it is possible for shareholders to make money if they buy a good company at the right price. For exemple, Infinity Pharmaceuticals (NASDAQ: INFI) has seen its stock price rise 198% in the past year, delighting many shareholders. But while the successes are well …
Read More »The Observer’s take on lifting Covid restrictions | Editorial observer
This week marks the second anniversary of Boris Johnson’s tenure as Prime Minister. It has been two painful years for the country. Much of this is due to a pandemic that claimed the lives of more than 4 million people around the world. But Johnson’s incompetence, lack of integrity and …
Read More »Donato’s Saratoga selections for Sunday July 18, 2021
Sunday’s star race is the Coronation Cup Stakes, run over 5 1/2 stadiums on the Mellon Turf, and will be Goin ‘Good’s first Saratoga (5-2). Trainee Brad Cox arrives at Spa after three recent races in Kentucky, the last of which was a well-run victory over a similar competition over …
Read More »TurboTax creator Intuit quits IRS free tax filing program
The creator of TurboTax, Intuit, had a frosty relationship with the IRS, and now he’s cutting back some of his stake. The hill reports that Intuit is exit the IRS Free File program after participating for almost 20 years. The company said it was “proud” of her involvement, but claimed …
Read More »2 cheap tech stocks to buy right now
To buy stock in a growing, tech-focused company, investors typically have to pay a pretty dime out of the company’s profits. While many of these large companies often deserve the bonus multiples the market gives them, Mr. Market also gives occasional discounts. Whether it’s due to a few bad quarters, …
Read More »Do not buy Castings PLC (LON: CGS) for its next dividend without doing these checks
PLC moldings (LON: CGS) the stock is about to trade ex-dividend in 4 days. The ex-dividend date is a business day before a company’s registration date, which is the date the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is important because any share transaction …
Read More »4 best tax-saving fixed deposits to invest in 2021
5-year tax-saving fixed deposits from small corporate banks Under the current low bank interest rate regime, smaller financial banks promise better interest rates than major private and public sector banks on short and long term deposits. By investing in a small finance bank term deposit system, one would not only …
Read More »Religious services in the Oroville region – Chico Enterprise-Record
SUNDAY Christian Science: Sunday 10 a.m. for people up to the age of 20. Testimony meeting Wednesday at noon in the Christian Science Reading Room, 1940 Bird Street. Reading room open for study and prayer on Mondays and Wednesdays from 1 p.m. to 3 p.m. 533-1274. Evangelical Free Church: 9 …
Read More »Man Utd interested in Arsenal goal, Trippier confident in move, loan release expected
Manchester United’s summer will be an important one, as they prepare to improve their squad and close the gap between themselves and league winners Manchester City. Ole Gunnar Solskjaer’s side have struck a deal with Borussia Dortmund for Jadon Sancho but are also looking to strengthen other positions such as …
Read More »US STEM CELL: Management Discussion and Analysis of Financial Condition and Results of Operations (Form 10-K)
The following is management's discussion and analysis ("MD&A") of certain significant factors that have affected our financial position and operating results during the periods included in the accompanying financial statements, as well as information relating to the plans of our current management. This report includes forward-looking statements. Generally, the words …
Read More »Calculation of the intrinsic value of Cnova NV (EPA: CNV)
Today we are going to review a valuation method used to estimate the attractiveness of Cnova NV (EPA: CNV) as an investment opportunity by taking the company’s future cash flow forecast and by updating them to today’s value. We will use the Discounted Cash Flow (DCF) model on this occasion. …
Read More »1 lane of I-75 is now open in each direction in Troy, others remain closed for weeks
The right lane of Interstate-75 northbound in Troy reopened around 5:30 p.m. at the Big Beaver exit. The center and left lanes in both directions will remain closed for weeks as crews repair damage from a truck fire. A lane reopened on the south side on Tuesday. The entire highway …
Read More »How To Turn Dividend Growth Into Your “Free Day”
At first, Ryan Krueger does not present himself as particularly revolutionary. The co-founder and CEO of Freedom Day Solutions, based in Houston, Texas, is so polite you hardly notice him when he says things like “the retirement planning business must be turned upside down.” But that’s exactly the strategy behind …
Read More »EU ruling means some immune travelers could still be banned – Press Enterprise
Associated press Maria Chen London – After Dr Ifeanyi Nsofor and his wife were vaccinated twice with AstraZeneca’s coronavirus vaccine in Nigeria, they believed they were free to travel to any European destinations they chose this summer. They were wrong. Couples and millions of other people vaccinated with United Nations …
Read More »Indiana Pacers must decide the importance of Doug McDermott’s free agency shoot
INDIANAPOLIS, INDIANA – APRIL 02: Doug McDermott # 20 of the Indiana Pacers reacts in the fourth … [+] quarterback against the Charlotte Hornets at Bankers Life Fieldhouse on April 02, 2021 in Indianapolis, Indiana. NOTE TO USER: User expressly acknowledges and agrees that by downloading and / or using …
Read More »Featured at GC Capital Ideas: Q2 2021
1. April 2021 reinsurance renewals, Japan: During the April 1 reinsurance renewals, property catastrophe pricing increased for the third consecutive year. After the first year without a loss since 2018, there was some consolation for buyers as the average increase was the smallest in the past three years. Rates have …
Read More »A look at the fair value of Matrix IT Ltd. (TLV: MTRX)
How far away is Matrix IT Ltd. (TLV: MTRX) of its intrinsic value? Using the most recent financial data, we’ll examine whether the stock price is fair by taking expected future cash flows and discounting them to today’s value. One way to do this is to use the Discounted Cash …
Read More »Ozen graduate ready to help defend CFL title with Winnipeg
If defensive end Willie Jefferson was “eager” to join the Winnipeg Blue Bombers at training camp this week, he certainly didn’t show it on Monday. A graduate of Ozen High School, Jefferson entered his first media encounter sporting a big smile, black sunglasses and a white Winnipeg bandana. He was …
Read More »As the large sizes of Port Chester, road safety concerns arise in Byram
At the July 8 Board of Directors meeting, a presentation by Joe Kantorski of the Byram Neighborhood Association focused on residents’ concerns about traffic and pedestrian safety. The densely populated neighborhood has many families accompanying their children to and from New Lebanon School, Byram is located just above the Mill …
Read More »SBA to withdraw uncertainty certification questionnaire – Finance and Banking
United States: SBA to withdraw uncertainty certification questionnaire To print this article, simply register or connect to Mondaq.com. It appears that the Small Business Administration (SBA) will withdraw the questionnaires it issued, Form 3509 (For Profit Borrowers) and Form 3510 (Non-Profit Borrowers), which were supposedly designed to allow the SBA …
Read More »Four days remain until state-owned Kurgan Generation Company (MCX: KGKC) negotiates the ex-dividend
Some investors rely on dividends to grow their wealth, and if you’re one of those dividend sleuths, you might be intrigued to know that Kurgan Generation Company Public Joint Stock Company (MCX: KGKC) is set to be ex-dividend in just 4 days. The ex-dividend date is generally set at one …
Read More »Carl Starfelt Celtic transfer talks ‘fail to progress’ as deal hits Kristoffer Ajer as exit stumbling block
Celtic’s offer to bring Carl Starfelt to the club has stalled and Kristoffer Aje’s future is on hold, according to a report. Swedish stopper Starfelt has been linked with a £ 4million move as time is running out towards the start of the season. Rubin Kazan defender had been lined …
Read More »Ireland vs USA live stream: how to watch rugby union for free and from anywhere
Andy Farrell’s side continue their summer home testing schedule once again as they face the Eagles. Read on to find out how to get an Ireland vs USA live stream and watch this international rugby matchup online. The hosts beat Japan 39-31 in an extremely entertaining meeting in Dublin on …
Read More »Calculation of the intrinsic value of Grifols, SA (BME: GRF)
How far is Grifols, SA (BME: GRF) from its intrinsic value? Using the most recent financial data, we’ll examine whether the stock price is fair by taking the company’s future cash flow forecast and discounting it to today’s value. To this end, we will take advantage of the Discounted Cash …
Read More »Where Italy and England can win or lose – press enterprise
By STEVE DOUGLAS AP Sports Writer LONDON – They are billed as the best team in the tournament against, in fact, the host nation. The European Championship final between Italy and England at Wembley Stadium on Sunday has all the makings of a tight and tense title match. Here’s where …
Read More »Michigan now has 54 known cases of the COVID-19 delta variant
As the United States moves closer to normal and people return to restaurants, cinemas, parties, summer festivals and fairs, what is arguably the most contagious strain of coronavirus yet has gained ground nationwide and now accounts for around 51% of infections. The delta variant, a mutation of the coronavirus that …
Read More »Philip Morris International Inc. announces binding offer to acquire Vectura Group plc; Acquisition Accelerates PMI’s Strategy Beyond Nicotine and Expands Product Pipeline Development Capabilities in Inhalation Therapies
NEW YORK–(COMMERCIAL THREAD) – Philip Morris International Inc. (PMI) (NYSE: PM) announced today that it has reached an agreement with the board of directors of Vectura Group plc (Vectura) (LSE: VEC) on the terms of ” a recommended cash offer for the acquisition of Vectura for an enterprise value of …
Read More »Is it smart to buy Persistent Systems Limited (NSE: PERSISTENT) before it becomes ex-dividend?
Readers wishing to buy Limited persistent systems (NSE: PERSISTENT) for its dividend will have to make its move shortly, as the stock is about to trade ex-dividend. The ex-dividend date is generally set at one working day before the registration date which is the deadline by which you must be …
Read More »Cardiff City transfers: reading to snatch Middlesbrough target as Bluebirds ace ready for exit
Here are the headlines from your transfer from Cardiff City for Thursday 8th July. Reading eyes on Junior Hoilett’s move Reading is considering move for former Cardiff City star Junior Hoilett, according to BerkshireLive. Hoilett’s deal expired in the Welsh capital this summer after five successful years at Cardiff City …
Read More »Financial Stability Board Releases Latest Progress Report on LIBOR Transition, Urging Action to Complete Transition by Year End and Calling on Lending Markets
On July 6, 2021, the Financial Stability Board published his last Progress report to the G20 on LIBOR transition issues. The report finds that given the magnitude of the risks associated with the inability to adequately prepare for the transition, it is incumbent on market players to act. The FSB …
Read More »Global Enterprise Data Management Market Expected to See Propulsive Growth During COVID-19 Pandemic – Exclusive Report on Business Forecast and Future Opportunities 2021-2026 by Research Dive
The spread of the COVID-19 virus around the world has positively impacted the global enterprise data management market due to the increased use of EDM systems to support the healthcare segment during the pandemic. The global market is expected to continue to experience strong growth through 2026. New York, USA, …
Read More »Parral Reports Tenth Consecutive Quarter of Positive Cash Flow From 575,000 AgEq Oz Production
Shares outstanding: 277,497,367Trading Symbols: TSX: GGDOTCQX: GLGDF HALIFAX, NS, July 7, 2021 / PRNewswire / – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (“GoGold”, “the Company”) is pleased to announce production for the quarter ending June 30, 2021 of 575,302 ounces of silver equivalent (“AgEq”), or 315,632 ounces of silver, …
Read More »Lakers interested in DeMar DeRozan after early playoff exit
After an outing in the first round in the playoffs, LeBron James and the Los Angeles Lakers will look to strengthen their roster this offseason in an effort to win another title. San Antonio Spurs forward DeMar DeRozan is a player the Lakers are interested in, say Evan Massey from …
Read More »Italy vs Spain live: how to watch extra time for free and from anywhere at Euro 2020
Wow! Italy v Spain has been an exciting Euro 2020 semi-final that suits such a fantastic tournament, and now we have another 30 minutes – and maybe even penalties at the end! Don’t miss another kick-out – follow our guide to watch an Italy vs Spain live stream and watch …
Read More »Cash for NIL, coming soon to a high school near you
Not today or tomorrow, but sooner than we can imagine: high school athletes will make money because of their name, image and likeness. Absurd some will say. Won’t happen. It can’t happen. Ridiculous. They are just children. Teenagers. Let them be children. Adulthood will come soon enough. They grow up …
Read More »Alstom expects negative first half cash flow of $ 2.25 billion
July 5 (Reuters) – French railmaker Alstom forecast negative free cash flow for its fiscal year on Monday, as it focuses on integrating Bombardier’s rail operations. For the first half of 2021/22, Alstom expects negative free cash flow of 1.6 to 1.9 billion euros (1.90 to 2.25 billion dollars) and …
Read More »NPS Lite Swavalamban subscribers can leave before 25 years if corpus at Rs1 lakh
NEW DELHI: The Pension Fund Development and Regulation Authority (PFRDA) has changed the early exit rule for subscribers to the NPS Lite Swablamban plan. Under the amended rule, NPS Lite subscribers are not required to continue in the scheme for at least 25 years if their pension corpus does not …
Read More »Risk mistrust, reluctance to lend: measures like the moratorium make banks suspicious of lending to high-risk sectors
Banks have largely preferred to lend to individuals where growth was a respectable 11.3% In total, bank lending increased by 5.4% in FY21, the lowest of the last four years. The banking system has now been in surplus since June 2019, i.e. for two full years. During this period, banks …
Read More »Renewing our commitment to the Declaration – Press Enterprise
The Declaration of Independence, written 245 years ago, sparked a revolution that contributed to the birth of the country. The âobviousâ power of truth of the Declaration is also today for strong human rights and democracy by proclaiming that everything is created equally and endowed with certain inviolable rights by …
Read More »Aegis Logistics Limited (NSE: AEGISCHEM) looks like a good stock, and it will be ex-dividend soon
Some investors rely on dividends to grow their wealth, and if you’re one of those dividend sleuths, you might be intrigued to know that Aegis Logistics Limited (NSE: AEGISCHEM) is set to be ex-dividend in just 3 days. The ex-dividend date occurs one day before the registration date which is …
Read More »Bezos’ release is one of many of Amazon’s best
When Andy Jassy is elevated to Amazon CEO on Monday, taking the reins from founder Jeff Bezos, it will be one of the most closely watched leadership transfers in years. But a much less announced change – though still deeply significant – is already underway in the company. Dozens of …
Read More »Calculation of the fair value of Burcon NutraScience Corporation (TSE: BU)
Today we’re going to review one way to estimate the intrinsic value of Burcon NutraScience Corporation (TSE: BU) by projecting its future cash flows, then discounting them to today’s value. This will be done using the Discounted Cash Flow (DCF) model. Patterns like these may seem beyond a layman’s comprehension, …
Read More »Does Mangalam Global Enterprise (NSE: MGEL) have a healthy balance sheet?
Howard Marks put it well when he said that, rather than worrying about stock price volatility, “The possibility of permanent loss is the risk I worry about … and every investor practice that I know is worried. ” So it can be obvious that you need to consider debt, when …
Read More »Mangalam Cement (NSE: MANGLMCEM) is it too indebted?
Some say volatility, rather than debt, is the best way to view risk as an investor, but Warren Buffett said “volatility is far from risk.” So it can be obvious that you need to consider debt, when you think about how risky a given stock is because too much debt …
Read More »US exit from Afghanistan will not be complete in the next few days, Biden says
The withdrawal of US troops from Afghanistan would not be completed in the coming days, US President Joe Biden said on Friday (local time). “No,” Biden said when asked by White House reporters if the withdrawal was completed in a few days, Voice of America (VOA) reported. “We are on …
Read More »The stock market is historically strong. Even the Delta variant can’t stop it.
The Nasdaq Composite Index rose 1.9% last week. Jin Lee / Bloomberg Text size Like Superman, the S&P 500 seems unstoppable. Nothing – not the Federal Reserve, not the Delta variant, not even old-fashioned fear and greed – could slow its rise. Of course, he just hasn’t found his Kryptonite …
Read More »Continuing Tradition of Democrat Racism – Chico Enterprise-Record
If you are a white leftist, you haven’t written a single word to this newspaper that is informative or enlightening. Not one. Sixty-two percent of Democrats support identifying voters to vote, with non-whites supporting 84 percent. This, my friend, is astounding. The “Republican suppression of voters” is a lie. A …
Read More »Companies like Safe-T Group (TLV: SFET) are able to invest in growth
It is easy to understand why investors are attracted to unprofitable companies. For example, although Amazon.com suffered losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. But while history praises these rare successes, those that fail are …
Read More »Everton transfer news – Stadium construction begins, Rafa Benitez plans, James Rodriguez exit
Message from Benitez Everton’s new manager, Rafa Benitez, posted a message on his personal website. Here is what he said (translated from Spanish). I am pleased to inform you, officially and via our website, of my return to the Premier League, my favorite competition, to lead Everton. It is a …
Read More »Owner of an investment firm guilty of insider trading and fraud
It took only an hour for a jury to find the owner and director of a California-based investment firm guilty of insider trading and committing securities offering fraud in which he raked in over $ 7 million in ill-gotten gains. According to the unsealed chargeDonald Blakstad, who ran an investment …
Read More »Perhaps DeHavilland’s best job was cleaning up Trumbo |
The Western Colorado chapter of James Dalton Trumbo’s story begins and ends on Main Street in downtown Grand Junction with the eerie and rather humorous sculpted portrayal of Trumbo tapping into a storyline while soaking in his tub. The statue, which is a recreation of a well-known photo of Trumbo, …
Read More »