News Results

- Lending officers at major banks told the Federal Reserve that in the final three months of last year they tightened standards and saw reduced demand across a wide array of business and consumer credit fronts.

- A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks on Tuesday come off the back of their worst day since June hoping for recovery, but vulnerable to an expected interest rate hike in Australia, potentially critical comments from Fed Chair Jerome Powell and deepening U.S.-Sino tensions.

A look at the day ahead in Asian markets from Jamie McGeever. Another close in the red for Wall Street on Monday won't boost the likelihood of a rebound much either, as U.S. markets lurch to price in a 'higher for longer' Fed this year. The pick of the Asian economic data and events calendar will be the Reserve Bank of Australia's rate decision and subsequent guidance from policymakers.

* Canadian dollar weakens 0.4% against the greenback. * Touches its weakest since Jan. 20 at 1.3475. * Ivey PMI shows economy growing in January. * 10-year yield touches a near 4-week high. By Fergal Smith.

http://archive.fast-edgar.com/20230206/AI2ZA22CZ222OTKA222P2Z424NWBZC22ZW52 Filed on: February 6, 2023.

"We did see some bump in the curve as a result of the FOMC hiking rates by 25 basis points on Wednesday," said Jason Wong, vice president of municipals at AmeriVet Securities. "However, with an unexpected high employment number, fixed-income yields rose."

Albertsons Companies, Inc. (ACI) today announced the pricing of its private offering of $750 million aggregate principal amount of its 6.50% senior notes due 2028.

Collegium Pharmaceutical, Inc. (COLL) today announced its intention to offer, subject to market and other conditions, $175,000,000 aggregate principal amount of convertible senior notes due 2029 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

Global equity markets slid and the dollar firmed on Monday after data showing a resilient U.S. jobs market suggested interest rates will stay higher for longer as central banks fight to slow inflation amid relatively strong economic growth.

* Miner Newmont (NEM) drops on Newcrest bid. * Chinese stocks fall on geopolitical jitters. By Carolina Mandl, Shubham Batra and Johann M Cherian. Feb 6 - The main U.S. stock indexes ended lower on Monday as investors shifted gears after considering the possibility that the U.S. Federal Reserve may take longer to start cutting interest rates.

The U.S. Federal Reserve may need to lift borrowing costs higher than previously anticipated given the unexpectedly strong reading on jobs gains in January, Atlanta Federal Reserve Bank President Raphael Bostic said on Monday. The Fed could also consider raising the rate by half-a-percentage-point, he told Bloomberg News, though that is not his base case.

-The U.S. Federal Reserve may need to lift borrowing costs higher than previously anticipated given the unexpectedly strong reading on jobs gains in January, Atlanta Federal Reserve Bank President Raphael Bostic said on Monday. Unless the report proves to be anomalous, "It'll probably mean we have to do a little more work," Bostic told Bloomberg News.

* ATLANTA FED'S BOSTIC SAYS HIGHER PEAK RATE ON TABLE AFTER JOBS BLOWOUT - BLOOMBERG NEWS. * ATLANTA FED'S BOSTIC SAYS THE FED MAY HAVE MORE WORK TO DO- BLOOMBERG NEWS. * ATLANTA FED'S BOSTIC SAYS FEDERAL OPEN MARKET COMMITTEE COULD ALSO CONSIDER MOVING BACK TO A 50 BASIS-POINT HIKE IF IT NEEDED TO - BLOOMBERG NEWS.

Complaints include assertions the plan is unconfirmable and that it fails to offer necessary information.

Laurence Msall who built the Chicago Civic Federation into a fiscal research powerhouse over the last two decades, died Saturday at 61.

The dollar jumped to a four-week high against the euro on Monday, as last week's blockbuster U.S. jobs report raised the likelihood of the U.S. Federal Reserve keeping on with its inflation-fighting interest rate hikes for longer. The euro slipped 0.6% against the dollar to $1.0724, its lowest since Jan. 9, following a 1% drop on Friday.

Banks imposed more stringent standards on lending to businesses even as they saw weakened demand for credit during the closing months of 2022, the Federal Reserve said on Monday.

High School and Graduate Students can Apply Now for Scholarships Collectively Worth up to $350,000 The Sallie Mae Fund, the charitable arm of Sallie Mae ? in partnership with Thurgood Marshall College Fund, is now accepting applications for two college scholarship programs to help students with financial need, or those from underserved communities, access higher education: This press release fe...

"Development was key to the agenda" New York Gov. Kathy Hochul laid out in her executive budget last week, said Elizabeth Fine, one of her key aides.

An extremely tight labor market, coupled with historically low unemployment and high demand for workers put upward pressure on wages and prices, with inflation reaching 6.2%. Despite those conditions, a recession was on the horizon as the Federal Reserve tightened monetary policy to curb inflation and slow down the economy.

* Miner Newmont (NEM) drops on Newcrest bid. * Chinese stocks fall on geopolitical jitters. * Indexes down: S&P 0.62%, Nasdaq 0.76%, Dow 0.24%, By Shubham Batra and Johann M Cherian. Feb 6 - U.S. stock indexes edged lower on Monday as investors awaited Federal Reserve Chair Jerome Powell's speech for clues on when the central bank would start cutting interest rates.

- U.S. stocks may fall further, and bond yields rise, as the Federal Reserve continues its current round of interest-rate hikes in coming months, according to an analysis published Monday by the San Francisco Fed.

U.S. stocks may fall further, and bond yields rise, as the Federal Reserve continues its current round of interest-rate hikes in coming months, according to an analysis published Monday by the San Francisco Fed.

Todd Russ, who took office Jan. 9, is vetting banks and financial institutions to determine if they are 'boycotting' Oklahoma's fossil fuel industry.

http://archive.fast-edgar.com/20230206/A2LZM22CZ22H8TZ2222M2ZZZJWLAZZ222K52 Filed on: February 6, 2023.

Royal Bank of Canada (RY): * ROYAL BANK OF CANADA ANNOUNCES REPORTING SEGMENT REALIGNMENT. * Royal Bank of Canada (RY) - REVISIONS TO ITS FINANCIAL REPORTING STRUCTURE TO ALIGN WITH MANAGEMENT REPORTING CHANGES IN I&TS REPORTING SEGMENT Source text for Eikon: Further company coverage:

On February 3, 2023, KBRA assigned a rating of AA+ to The Metropolitan Government of Nashville and Davidson County, TN General Obligation Improvement Bonds. To access ratings and relevant documents, click here. Click here to view the report.

Federal Home Loan Mortgage Corp (FMCC) : * FREDDIE MAC ANNOUNCES TENDER OFFER FOR ANY AND ALL OF CERTAIN STACR DEBT NOTES Source text for Eikon: Further company coverage:

"The main point is that this is a change primarily in name only," said Ben Watkins, head of the state's Bond Division. "There will be no impact on debt whatsoever."

Greystone, a leading national commercial real estate finance company, has provided $15,656,000 in Freddie Mac Optigo? financing to acquire a 208-unit multifamily property in Indianapolis, Indiana. Constructed in 1989, Trails at Lakeside in Marion County is a garden-style apartment community consisting of six buildings that offer one-, two- and three-bedroom units.

Metro Inc (MTRI): * Metro Inc (MTRI). ANNOUNCES CLOSING OF AGGREGATE C$300 MILLION SENIOR UNSECURED NOTES OFFERING Source text for Eikon: Further company coverage:

http://archive.fast-edgar.com/20230206/AI2FA22CZ222OTCA222P2Z424NWBZC22Z252 Filed on: February 6, 2023.

South Africa's rand weakened on Monday, as the U.S. dollar jumped on expectations that the U.S. Federal Reserve might pursue its inflation-fighting interest rate hikes for longer. At 1550 GMT, the rand traded at 17.6975 against the dollar, 1.24% weaker than its previous close.

The Bank of England has signalled the tide is turning in its battle against high inflation after a series of interest rate hikes - but it has also said it is too soon declare victory.

By Saqib Iqbal Ahmed. The dollar rose to a three-week high against the euro on Monday, as Friday's blockbuster U.S. jobs report raised the likelihood of the U.S. Federal Reserve keeping on with its inflation-fighting interest rate hikes for longer. On Monday, the euro slipped 0.6% against the dollar to $1.0729, its lowest since Jan. 12, but not far from 10-month high hit on Thursday.

* Osisko Mining (OBNNF) tanks to the bottom of TSX. * First Quantum slumps as unit suspends operations at port. * S&P/TSX composite index down 0.7% By Shristi Achar A and Shashwat Chauhan.

Brazilian President Luiz Inacio Lula da Silva said on Monday there was "no explanation" for the country's high interest rates, with the benchmark rate at a six-year high of 13.75%, adding that development bank BNDES could help bring down lending costs.

Canadian economic activity expanded in January at the sharpest pace in eight months as employment climbed and supplier deliveries speeded up, Ivey Purchasing Managers Index data showed on Monday.

Benchmark 10-year U.S. Treasury yields hit four-week highs on Monday after Friday's blowout employment number raised expectations that the Federal Reserve's rate hikes will not end with a hard economic landing, and that the U.S. central bank may have more than one more rate increase left.

Latin American currencies and their emerging market peers fell on Monday against a firm dollar as robust U.S. labour market data reignited fears of a hawkish Federal Reserve, with the Turkish lira ...