LONDON, Aug. 9, 2022 The monthly ICIS Petrochemical Index is recording a collapse in commodity petrochemical and polymer prices worldwide as economic and cost pressures for the sector mount. The leading indicator points to further price falls to come and significant margin pressure on some of the world's major chemical companies.
MIAMI, Aug. 8, 2022 Royal Caribbean Group today announced that it closed its offering of $1.15 billion aggregate principal amount of 6.00% Convertible Senior Notes due 2025, including $150 million aggregate principal amount of the Convertible Notes issued pursuant to the exercise in full of the initial purchasers' option to buy additional Convertible Notes.
FINDLAY, Ohio, Aug. 8, 2022 MPLX LP (MPLX) announced today that it has priced $1,000,000,000 in aggregate principal amount of 4.950% senior notes due 2032 in an underwritten public offering.
BATON ROUGE, La., Aug. 8, 2022 Retailers Casualty Insurance Company? announced today that AM Best has reaffirmed its Financial Strength Rating of A-. The company has received an A- Financial Strength Rating from AM Best since 2006. "I am pleased that Retailers Casualty continues to produce strong financial results," states Frank Brame, chairman of the board of directors.
Latest HPSI Reading Shows Consumers Increasingly Concerned by Both Homebuying and Home-Selling Conditions WASHINGTON, Aug. 8, 2022 /PRNewswire/ -- The Fannie Mae Home Purchase Sentiment Index? decreased 2.0 points in July to 62.8, its lowest level since 2011 and well below the all-time high set in 2019.
Tech jobs unemployment rate falls to 1.7%; job postings up 49% DOWNERS GROVE, Ill. 1 The unemployment rate for tech occupations was 1.7% in July. ? ? ??????Tech industry level employment experienced a net gain of 12,700 workers, the 20th consecutive month of employment growth.
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 54.9 percent in July, a 3.1- percentage point decrease from the June reading of 58 percent, indicating a 26th consecutive month of growth.
TORONTO, Aug. 4, 2022 Following the previous announcement of the launch of a senior notes offering, Waste Connections, Inc. (WCN) announced today that it has priced an underwritten public offering of $750 million aggregate principal amount of its 4.200% Senior Notes due 2033 at a price to the public of 99.728% of their face value.
TORONTO, Aug. 4, 2022 Waste Connections, Inc. (WCN) announced today that it plans to proceed, subject to market and other conditions, to offer senior notes in an underwritten public offering.
PANAMA CITY, Aug. 3, 2022 ?Banco Latinoamericano de Comercio Exterior, S.A., a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, today announced its results for the Second Quarter and six months ended June 30, 2022.
Junior Achievement and Fannie Mae Youth Homeownership Survey Shows Teens Interested in Programs That Teach How Mortgages and Homeownership Work COLORADO SPRINGS, Colo. While nearly all teens believe credit scores plays an important role in the ability to purchase a home, approximately three in four said they understood credit scores only "somewhat," "a little," or "not at all."
MISSION, Texas, Aug. 3, 2022 The pandemic shook the global economy and yet the United States maintained its trading prowess, according to the United Nations Conference on Trade and Development on Ocean Trade. In the United States, the State of Texas leads in international trade with its 29 ports of entry, the most of any state.
WASHINGTON, Aug. 2, 2022 Fannie Mae priced Connecticut Avenue Securities? Series 2022-R08, an approximately $626 million note offering that represents Fannie Mae's eighth CAS REMIC? transaction of the year. The reference pool for CAS Series 2022-R08 consists of approximately 68,000 single-family mortgage loans with an outstanding unpaid principal balance of approximately $20.4 billion.
LONG BEACH, Calif. Despite fears of an economic slowdown and a high CPI inflation, Applied Business Software Inc., reported a spike in sales of their ARM software in this latest quarter. All Adjustable Rate Mortgage features can be found on The Mortgage Office's newly released website: Adjustable-Rate Mortgage Software - The Mortgage Office.
The 2022 College Confidence Index by GradGuard and College Pulse shows most college students and families are uninformed about tuition refund policies, while four in ten college students have considered withdrawing; common reasons for withdrawal include academic challenges, financial concerns, and health issues or physical injury.
MIAMI, Aug. 1, 2022 Royal Caribbean Group today announced that it has priced the offering of $1 billion aggregate principal amount of 6.00% Convertible Senior Notes due 2025.
BETHESDA, Md., Aug. 1, 2022 Walker & Dunlop, Inc. (WD) announced today that it has expanded its HUD Production team in Chicago with the addition of Brett Murphy. Mr. Murphy will be responsible for growing the FHA seniors housing business utilizing the power of Walker & Dunlop's (WD) platform across HUD, GSE, bridge, and investment sales.
LONGWOOD, Fla. The remarketing consisted of $32.5 million of Florida Development Finance Corporation Solid Waste Disposal Revenue Bonds, Series 2017, and $17.5 million of Mississippi Business Finance Corporation Solid Waste Disposal Revenue Bonds, Series 2017.
WASHINGTON, Aug. 1, 2022 Fannie Mae today announced the results of a recent reperforming loan sale. The loan pool awarded in this most recent transaction includes: The approximate weighted average bid, as a percentage of UPB, was in the low 90s for this pool.
New Orders and Employment Contracting; Production and Backlogs Growing; Supplier Deliveries Slowing at a Slower Rate; Raw Materials Inventories Growing; Customers' Inventories Too Low;?Prices Increasing at a Slower Rate; Exports and Imports Growing; Record-Long Lead Times for Production Materials and MRO Supplies. TEMPE, Ariz.
WASHINGTON, July 29, 2022 Fannie Mae's ?June 2022 Monthly Summary is now available. About Fannie Mae Fannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. Fannie Mae Newsroom?https://www.fanniemae.com/newsroom.
WASHINGTON, July 29, 2022 Fannie Mae today reported its second quarter 2022 financial results and filed its second quarter 2022 Form 10-Q with the Securities and Exchange Commission. Fannie Mae will host a conference call to discuss the company's results today at 8:00 a.m., ET. Participants may join the conference call in listen-only mode via the webcast link below.
NEW YORK, July 28, 2022 The Federal Home Loan Bank of New York today released its unaudited financial highlights for the quarter ended June 30, 2022. "For 90 years, the Federal Home Loan Banks have been tasked with providing a steady, reliable source of liquidity in all economic cycles," said Jos? R. Gonz?lez, president and CEO of the FHLBNY.
CINCINNATI, July 28, 2022 The Federal Home Loan Bank of Cincinnati today released unaudited financial results for the second quarter ended June?30, 2022. Operating Results Balance Sheet Highlights Dividend Housing and Community Investment The FHLB expects to file its second quarter 2022 Form 10-Q with the Securities and Exchange Commission on or about August?9, 2022.
WESTMINSTER, Colo. The following table lists the Bonds due 2024 that had been validly tendered and not validly withdrawn at or prior to 5:00 p.m., New York City time, on July 26, 2022, as reported by D.F. King & Co., Inc., the tender and information agent.
Delivered record earnings and strong margin performance Returned $91 million to shareholders year-to-date STAMFORD, Conn. Second Quarter 2022 Financial Highlights: Outlook This outlook is based on Tronox's (TROX) views on current global economic activity and is subject to changes and impacts associated with the macroeconomic conditions, global supply chain, and inflation-related challenges, among others.
Index Fell for Third Straight Month, as Consumers' View of Present Situation Weakened NEW YORK, July 26, 2022 /PRNewswire/ -- The Conference Board Consumer Confidence Index??decreased in July, following a larger decline in June. "Consumer confidence fell for a third consecutive month in July," said Lynn Franco, Senior Director of Economic Indicators at The Conference Board.
BOSTON, July 22, 2022 The Federal Home Loan Bank of Boston announced its preliminary, unaudited second quarter financial results for 2022, reporting net income of $41.0 million for the quarter. The Bank's board of directors has declared a dividend equal to an annual yield of 3.72%, the daily average of the Secured Overnight Financing Rate for the second quarter of 2022 plus 300 basis points.
NEW YORK, July 22, 2022 The IT Spending Market by Audit Firms is a part of the global information technology spending industry. For more additional information about the IT Spending Market by Audit Firms.
WASHINGTON, July 22, 2022 Fannie Mae announced today that it has executed its seventh and eighth Credit Insurance Risk Transfer? transactions of 2022. "We appreciate our continued partnership with the 24 insurers and reinsurers that have committed to write coverage for these deals," said Rob Schaefer, Fannie Mae Vice President for Capital Markets.
WASHINGTON, July 21, 2022 As policymakers continue to explore a potential digital dollar, efforts to address key questions posed in President Biden's recent Executive Order regarding the feasibility of a Central Bank Digital Currency in the United States are well underway.
Experienced Human Resources Executive with Financial Services Background Joins Fannie Mae to Drive Enterprise Human Resources and Talent Strategy WASHINGTON, July 21, 2022 /PRNewswire/ -- Fannie Mae?announced today it has appointed Katie Jones as Senior Vice President and Chief Human Resources Officer, effective August 1, 2022.
Company to Host Conference Call WASHINGTON, July 21, 2022 Fannie Mae?today announced plans to report its second quarter 2022 financial results on Friday morning, July 29, 2022, before the opening of U.S. financial markets. Fannie Mae will host a conference call to discuss the company's results at 8:00 a.m., ET, on July 29, 2022.
NEW YORK, July 21, 2022 The Conference Board Leading Economic Index? ?for the?U.S. decreased by 0.8 percent in June 2022 to 117.1, after declining by 0.6 percent in May. The LEI was down by 1.8 percent over the first half of 2022, a reversal from its 3.3 percent growth over the second half of 2021.
NEW YORK, July 20, 2022 The IT Services market in Latin America?market size is set to grow by USD 33.68 billion at a CAGR of 6.61% during the forecast period. Read the 127-page report with TOC on "IT Services Market in Latin America Analysis Report by?Type and Deployment, and the Segment Forecasts".
WASHINGTON, July 20, 2022 ?Amid record inflation and higher interest rates, expectations for full-year 2022 and 2023 real GDP growth were downgraded in July due to softening consumer spending and a downward revision to business inventory investment data, according to the July 2022 commentary from the Fannie Mae Economic and Strategic Research Group.
CHICAGO, July 20, 2022 ?Pando, a global leader in supply chain technology with a presence across the US, Middle East, and Southeast Asia, was selected among hundreds of candidates as one of the World Economic Forum's "Technology Pioneers".
Fannie Mae Earns Top Score on the Index for Third Consecutive Year WASHINGTON, July 20, 2022 Fannie Mae today announced it has been recognized as a "Best Place to Work for Disability Inclusion," earning a top score on the 2022 Disability Equality Index? for the third consecutive year.
BENGALURU, India, July 20, 2022 /PRNewswire/ -- Cashfree Payments, a leading payments and API banking solutions company,?today announced that it has received a go-ahead from the Reserve Bank of India for its cross border payments product. One of the most tedious steps for Indians looking to invest in foreign stocks has been funding their overseas accounts.
LONDON, July 20, 2022 BNY Mellon and Goldman Sachs International have successfully completed the industry's first agency securities lending transactions using the HQLAX Distributed Ledger Technology platform.
Results Indicate That Americans Are Earning Less in Relative Terms Than They Were Before the Pandemic; Women Worse Off Than Men NEW YORK, July 19, 2022 /PRNewswire/ -- A new survey conducted by SophisticatedInvestor.com of 3,002 U.S. adults found that 54.7% of American workers have not had their hourly wage or salary match the consumer price index, the standard metric for consumer inflation.
TROY, Mich. Class will complete these data collection orders through Property Fingerprint, Class Valuation's 3D Scanning technology, which has produced tens of thousands of property data collections to date. Set to roll out this July, Freddie Mac's ACE+ PDR solution?is a new offering that allows lenders to originate cash-out and certain no cash-out refinance loans without an appraisal.
BOCA RATON, Fla. The Hispanic Consumer Sentiment Index dropped to 78.3 from 92 in the first quarter, 86.7 in the fourth quarter of 2021, and 90.8 for the same quarter last year,?according to the Florida Atlantic University Business and Economics Polling Initiative? in FAU's?College of Business.
JAKARTA, Indonesia, July 18, 2022 ?The B20 Indonesia Digitalization Task Force has successfully held the G20 - B20 dialogue forum last week at Hotel Mulia, Jakarta.
PITTSBURGH, July 18, 2022 Federated Hermes (FHI), Inc., a global leader in active, responsible investing, reached a definitive agreement to acquire substantially all of the assets of C.W. Henderson and Associates, Inc., a Chicago-based registered investment advisor specializing in the management of tax-exempt municipal securities.
All main global indicators fell in the Q2 Global Economic Conditions Survey, but only North America economic confidence dips to 2020 levels NEW YORK and MONTVALE, N.J., July 14, 2022 /PRNewswire/ -- Weak worldwide economic growth looks likely for the rest of 2022, according to the latest edition of the Global Economic Conditions Survey from ACCA and IMA??. The new report indicates that economic...
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.
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