CLARK, N.J., Oct. 11, 2024 /PRNewswire/ -- The GEP Global Supply Chain Volatility Index?? a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs based on a monthly survey of 27,000 businesses ? decreased in September to -0.43, its lowest level in 14 months and indicating the greatest level of global supply chain spare capacity since July 2023.
WASHINGTON, Oct. 10, 2024 Fannie Mae?announced today that it has executed a new Credit Insurance Risk Transfer? transaction. "We appreciate the support of the 25 insurers and reinsurers that committed to write coverage on this deal," said Rob Schaefer, Fannie Mae Vice President, Capital Markets.
WASHINGTON, Oct. 10, 2024 Fannie Mae?today announced the results of its twenty-fifth non-performing loan sale transaction. The loan pool awarded in this most recent transaction includes: The cover bid, which is the second highest bid for the pool, was 101.29% of UPB. Bids are due on Fannie Mae's Community Impact Pool on October 17, 2024.
Shortages in medical personnel worldwide weighing on real gains. CLEVELAND, Oct. 9, 2024 ?Global healthcare expenditures are projected to rise 3.0% annually in real terms through 2028, according to Global Healthcare, a report recently released by Freedonia Focus Reports. View the full subscription-ready collection here: https://www.freedoniagroup.com/freedonia-focus.
HONG KONG, Oct. 9, 2024 Among many Chinese private enterprises,?Fosun (FOSUF) stands out for its early start in globalization, firm execution, and strong operational capabilities. Recently, Fosun (FOSUF) has been very active in the Middle East region. In July, Hainan Mining signed a memorandum of understanding with Ajlan & Bros Holding to explore the feasibility of a lithium salt plant project in Saudi Arabia.
NEW YORK CITY, N.Y., Oct. 8, 2024 Earnest Analytics, the leading data analytics firm for investors, companies, and consulting firms, has released a new Earnest Analytics Spend Index, powered by the Vela Gamma transaction dataset.
WASHINGTON, Oct. 8, 2024 Fannie Mae?today began marketing its most recent sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio. The sale consists of approximately 8,721 loans, having an unpaid principal balance of approximately $1.429 billion, and is available for purchase by qualified bidders.
LONDON, Oct. 8, 2024 ION, a global leader in trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporate organizations, announces that Instantia has selected ION Foreign Exchange for trade execution, trade management, risk, and settlement management for its FX business.
TEMPE, Ariz. The report was issued today by Nancy LeMaster, MBA, Chair of the Institute for Supply Management? Hospital Business Survey Committee: "The Hospital PMI??registered 55 percent in September, a 3.6-percentage point decrease from the August reading of 58.6 percent, indicating a 13th consecutive month of growth after a contraction in August 2023.
Renter Sentiment Also Up, Including Share Expecting Rates to Fall WASHINGTON, Oct. 7, 2024 The Fannie Mae?Home Purchase Sentiment Index? increased 1.8 points in September to 73.9, its highest level in more than two years, as consumers reported survey-high optimism that mortgage rates will decline over the next 12 months.
Four key metrics in positive territory as tech unemployment rate falls to 2.5% DOWNERS GROVE, Ill. 2 The significant increase pushed the tech unemployment rate back down to 2.5%, well below the national unemployment rate. "It was never really a question of if, but when employers were going to resume hiring," Tim Herbert, chief research officer, CompTIA.
ROME, Oct. 4, 2024 The Rockefeller Foundation became the first philanthropy to join the Global Alliance Against Hunger and Poverty at an event today with its President Rajiv Shah, the Brazilian Ambassador to the Rome-based Agencies, Carla Barroso Carneiro, and The Food and Agriculture Organization Director-General QU Dongyu.
A.M. Best and Morningstar DBRS affirm Foresters financial strength ratings TORONTO, Oct. 3, 2024 Foresters Financial?, a leading global life insurer committed to empowering its members and their families to do more of the good they want to do, today announced that independent rating agency A.M. Best Company?has affirmed The Independent Order of Foresters Financial Strength Rating of "A" with a ...
Business Activity Index at 59.9%; New Orders Index at 59.4%; Employment Index at 48.1%; Supplier Deliveries Index at 52.1% TEMPE, Ariz. The report was issued today by Steve Miller, CPSM, CSCP, Chair of the Institute for Supply Management? Services Business Survey Committee: "In September, the Services PMI??registered 54.9 percent, 3.4 percentage points higher than August's figure of 51.5 percent.
DALLAS, Oct. 3, 2024 NexPoint Residential Trust, Inc. (NXRT) announced today the closing of 17-property mortgage refinancings through J.P. Morgan Chase Bank and The Federal Home Loan Mortgage Corporation, the sale of Stone Creek at Old Farm, and the Company is scheduled to host a conference call on Tuesday, October 29, 2024, at 11:00 a.m. ET, to discuss third quarter 2024 financial results.
OKLAHOMA CITY, Oct. 2, 2024 Ascent Resources Utica Holdings, LLC announced today that it, along with its wholly-owned subsidiary, ARU Finance Corporation, has priced a private offering of $600 million in aggregate principal amount of 6.625% senior unsecured notes due 2032 at par.
HAMILTON, Bermuda, Oct. 2, 2024 Borr Drilling Limited (BORR) has today requested Nordic Trustee AS to summon for a bondholders' written resolution for the Company's senior unsecured convertible bonds with?ISIN NO0012828187.
HAMILTON, N.J., Oct. 2, 2024 ?The World Economic Forum ? at the Sustainable Development Impact Meetings 2024, its marquee Climate Week event in NYC ? announced that Tidal Metals is a winner of its highly competitive Sustainable Mining Challenge. Uplink is WEF's innovation platform with a mission to enable an innovation ecosystem to drive positive systemic change for people and the planet.
ROSELAND, N.J., Oct. 2, 2024 ?Private sector employment increased by 143,000 jobs in September and annual pay was up 4.7 percent year-over-year, according to the September ADP? National Employment ReportTM produced by ADP Research in collaboration with the Stanford Digital Economy Lab.
OKLAHOMA CITY, Oct. 2, 2024 Ascent Resources Utica Holdings, LLC announced today that it, along with its wholly-owned subsidiary,?ARU Finance Corporation, intends to offer $600 million in aggregate principal amount of senior unsecured notes due 2032 in a private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended.
DES MOINES, Iowa, Oct. 1, 2024 F&G Annuities & Life, Inc. (FG) today announced that it priced a public offering of $500 million aggregate principal amount of its 6.250% senior notes due 2034. The notes will be guaranteed on an unsecured, unsubordinated basis by each of F&G's subsidiaries that are guarantors of F&G's obligations under its existing credit agreement.
Process Intelligence Leader Aligns with WEF's Mission to Future-Proof Global Organizations SAN JOSE, Calif. Skan's technology empowers organizations to optimize operations and accelerate digital transformation.
New Orders and Backlogs Contracting; Production and Employment Contracting; Supplier Deliveries Slowing; Raw Materials Inventories Contracting; Customers' Inventories About Right;?Prices Decreasing; Exports and Imports Contracting. TEMPE, Ariz.
TORONTO, Oct. 1, 2024 Russel Metals Inc. (RUSMF) today gave notice to redeem its 5.75% senior unsecured notes due October 27, 2025 effective October 27, 2024, at a price equal to 100% of the aggregate principal amount of the Notes to be redeemed plus accrued and unpaid interest thereon.
VAUGHAN, ON, Oct. 1, 2024 GFL Environmental Inc. (GFL) today announced the pricing of US$210 million in aggregate principal amount of Florida Development Finance Corporation Solid Waste Disposal Revenue Bonds at 4.375% in a transaction that was significantly oversubscribed.
ABU DHABI, UAE, Sept. 30, 2024 /PRNewswire/ -- The United Arab Emirates' leadership is heavily investing in developing its knowledge-based economy, with a strategic focus on expanding the biotechnology sector. Abu Dhabi and leverage the Emirate's leadership potential within the global industry.
NEW YORK, Sept. 30, 2024 Report on how AI is redefining market landscape- The global?plastic crates market in India size is estimated to grow by USD 359.9 million from 2024-2028, according to Technavio. AI-Powered Market Evolution Insights.
ST. LOUIS, Sept. 30, 2024 Union Electric Company, doing business as Ameren Missouri, a subsidiary of Ameren Corporation (AEE), announced today the pricing of a public offering of $450 million aggregate principal amount of 5.125% first mortgage bonds due 2055 at 99.881% of their principal amount.
WASHINGTON, Sept. 30, 2024 Fannie Mae?is reminding homeowners and renters impacted by natural disasters, including those affected by Hurricane Helene, of available mortgage assistance and disaster relief options. "Our top priority is the safety and well-being of those affected by Hurricane Helene.
NEW YORK, Sept. 30, 2024 Emigrant Bank is pleased to announce its 2024 distribution of small business grants to local businesses in the New York metropolitan area through the Federal Home Loan Bank of New York's Small Business Recovery Grant Program.
NEW YORK, Sept. 30, 2024 Today, the Ministry of Industry and Mineral Resources, in collaboration with?UNIDO, organized a pre-launch event in New York to announce the upcoming MIPF, which will take place in Riyadh on October 23-24, 2024.
DOHA, Qatar, Sept. 29, 2024 QNB Group is pleased to announce that it has obtained all applicable regulatory approvals from Qatar Central Bank and Qatar Financial Market Authority to proceed with its share repurchase.
WASHINGTON, Sept. 27, 2024 Fannie Mae's?August 2024 Monthly Summary is now available. About Fannie MaeFannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. Fannie Mae Newsroomhttps://www.fanniemae.com/newsroom.
A roundup of the most newsworthy financial press releases from PR Newswire this week, including the US Consumer Confidence Index, ADP's new Global HR Platform and the California Housing Market Forecast. NEW YORK, Sept. 27, 2024 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire.
GREENWICH, Conn. The Company intends to allocate an amount equal to the net proceeds from the offering to finance or refinance, in whole or in part, recently completed or future eligible green and/or social projects.
SHANGHAI, Sept. 26, 2024 ?Steady progress, steady improvement ? China's?macroeconomic GDP growth rate has increased from 4.9% in the third quarter of 2023 to 5.2% in the fourth quarter and 5.3% in the first quarter of 2024.
GREENWICH, Conn. The Company intends to allocate an amount equal to the net proceeds from the offering to finance or refinance, in whole or in part, recently completed or future eligible green and/or social projects.
SINGAPORE, Sept. 26, 2024 Velo Labs, a leader in Web3-based financial solutions, is integrating OpenEden's tokenized U.S. Treasury bills as a reserve collateral asset for USDV, the protocol pegged against stablecoins? to process up to $150 million in daily transactions on Velo Finance.
LONDON, Sept. 25, 2024 /PRNewswire/ --?Amid a global economic slowdown, market volatility, geopolitical shifts and monetary easing, the global IPO market in Q3 2024 has shown signs of cautious optimism. Navigating through a complex economic and geopolitical landscape, marked by the start of a global interest rate easing cycle, Q3's IPO activity has contended with heightened market volatility.
ST. LOUIS, Sept. 25, 2024 Post Holdings, Inc. (POST) today announced it intends to commence a private offering to eligible purchasers, subject to market and other conditions, of $500.0 million in aggregate principal amount of senior notes due 2034.
THE WOODLANDS, Texas, Sept. 24, 2024 Huntsman Corporation (HUN) today announced that its wholly-owned subsidiary, Huntsman International LLC, has priced its offering of $350 million in aggregate principal amount of Senior Notes due 2034. Huntsman intends to use the net proceeds from the offering for general corporate purposes, including repayment of debt.
CHICAGO, Sept. 24, 2024 Rate, a leading financial services provider in the mortgage industry, today announced an increase in its conforming loan limit to $792,000 for select loan products across the contiguous 48 states. Jeremy Collett, EVP, Head of Capital Markets at Rate.
Consumer Confidence Weakened as Consumers Worry About Jobs NEW YORK, Sept. 24, 2024 The Conference Board Consumer Confidence Index? fell in September to 98.7, from an upwardly revised 105.6 in August. "Consumer confidence dropped in September to near the bottom of the narrow range that has prevailed over the past two years," said Dana M. Peterson, Chief Economist at The Conference Board.
VAUGHAN, ON, Sept. 24, 2024 GFL Environmental Inc. (GFL) today announced that it is planning to participate in, subject to market and other conditions, an offering of US$210 million in aggregate principal amount of Florida Development Finance Corporation Solid Waste Disposal Revenue Bonds.
HOUSTON, Sept. 23, 2024 WildFire Energy I LLC announced today that WildFire Intermediate Holdings, LLC, a wholly-owned subsidiary of WFE I, priced an upsized private offering of $600 million in aggregate principal amount of 7.500% senior unsecured notes due 2029.
MADRID, Sept. 23, 2024 ?During the recent G20 Tourism Ministers' meeting in?Bel?m, Brazil, UN World Tourism Organization Secretary-General, Zurab Pololikashvili, called for urgent measures to reshape tourism in a way that benefits both the environment and local communities.
HOUSTON, Sept. 23, 2024 WildFire Energy I LLC announced today that, subject to market conditions, WildFire Intermediate Holdings, LLC, a wholly-owned subsidiary of WFE I, intends to offer for sale in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended, to eligible purchasers $500 million in aggregate principal amount of senior unsecured notes due 2029.
BEIJING, Sept. 22, 2024 ?The 2024 China International Fair for Trade in Services concluded in Beijing on Monday, achieving fruitful results in various fields and injecting more vitality into global economic growth. 4.25 trillion U.S. dollars in 2023, an increase of 9 percent year on year, becoming a prominent highlight in the development of services trade.
NEW YORK, Sept. 20, 2024 There is immense opportunity for Office Space to Out-Perform as the Federal Reserve lowered interest rates. 1. Unlike previous downturns, this CRE market correction is characterized by resilient cash flows despite falling property values.
Analysis and Reports Show How Achieving Global Peace Could Transform Economies. SPOKANE, Wash. The Global Peace Agreement which is the focus of the Sign For Peace Campaign, is an initiative spearheaded by the World Subnationals and Nations ?through its Peace Agency WSANDNPA, aims to end existing conflicts and prevent future wars on a global scale.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.