Caseware?, a global leader in AI-powered, cloud-enabled audit, financial reporting and data analytics solutions, is celebrating a wave of industry recognition, with recent award wins highlighting its leadership in innovation, products and people. August 2025 marked a double triumph for Caseware.
The European Central Bank doesn't need to change its monetary stance at Thursday's policy meeting, said Berenberg. So far this year, the eurozone economy has proved to be more resilient than expected, noted the bank. Thursday's ECB policy meeting is likely to be one of the more uneventful ones, with the deposit rate widely predicted to stay at 2.0%, stated Berenberg.
Dallas Fort Worth International Airport plans to sell $2 billion of revenue bonds this week as it continues financing for a $12 billion capital program.
Wall Street futures pointed modestly higher pre-bell Tuesday, as traders awaited revisions to monthly payroll statistics from Washington, and leaned towards a rate cut from the Federal Reserve this month. In the futures, the S&P 500 rose 0.1%, and the Nasdaq inclined 0.2%, the latter eyeing fresh all-time record highs.
Asian stock markets were choppy on Tuesday, as traders awaited possible interest-rate cuts by major central banks, and weighed values after recent bull moves. Shanghai and Tokyo finished in the red, while Hong Kong gained ground.
Bank of Montreal said Friday Canada's youth unemployment rate fell in August for the first time since February. The jobless rate for those aged 15 to 24 stood at 14.5%, more than twice the national average of 7.1%, the bank said. BMO attributed the elevated youth jobless rate to a surge in the cohort's population in recent years, driven by international students.
Wix.com (WIX) said late Monday it has priced a private offering of $1 billion of zero percent convertible senior notes due 2030 to qualified institutional buyers. The offering was upsized from the initial size of $750 million, and the company said it granted initial purchasers a 13-day option to purchase up to $150 million additional amount of the notes.
Baidu (BIDU) said late Monday it priced an offering of 4.4 billion Chinese renminbi of 1.9% senior unsecured notes due 2029. The notes were offered to non-US persons in offshore transactions. The company expects the offering to close by Sept. 15, with the proceeds to go toward general corporate purposes. MT Newswires does not provide investment advice.
Harrow said late Monday it priced a $250 million private offering of 8.625% senior unsecured notes due in 2030. Harrow said it plans to use the proceeds from the offering, set to close on Friday, to fully repay a $107.5 million loan from Oaktree, redeem certain notes and cover related exit costs. Any remaining funds will go toward general corporate purposes, the company said.
Antero Midstream (AM) said late Monday it has priced at par an upsized private placement of $650 million worth of 5.75% senior unsecured notes due 2033. The offering is expected to close on Sept. 22. Antero Midstream (AM) said it will use estimated net proceeds of $642 million, along with borrowings from its revolving credit facility, to redeem in full its 5.75% senior notes due 2027.
NCL Corporation Ltd., a subsidiary of Norwegian Cruise Line Holdings Ltd. (NCLH), announced today that it has priced $1,300.0 million aggregate principal amount of its 0.750% exchangeable senior notes due 2030, which were offered in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended.
Economist Paul Krugman slammed Treasury Secretary Scott Bessent for his efforts to undermine the independence of the Federal Reserve. In his newsletter on Monday, Krugman accused Bessent of leading a ?vile, underhanded and sleazy? campaign to escalate the administration?s attacks on the central bank.
NEW YORK ? Wix.com Ltd. (WIX), the leading SaaS website builder platform1, today announced the pricing of $1.0 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2030 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Harrow?, a leading provider of ophthalmic disease management solutions in North America, today announced the pricing of its private offering of $250.0 million aggregate principal amount of 8.625% senior unsecured notes due 2030. The 2030 Notes will bear interest at the rate of 8.625% per year.
US equity indexes rose at the close on Monday as sliding government bond yields signaled traders are pricing in a September restart of monetary policy easing, betting the Federal Reserve will focus more on weakness in the labor market than on inflation. The Nasdaq Composite was up 0.5% to 21,798.7, after hitting a fresh record of 21,885.6 earlier in the session.
The Nasdaq Composite hit a record high on Monday as Wall Street geared up for August inflation data due later this week, while remaining optimistic that the Federal Reserve will embark on a series of interest rate cuts next week.
Monday's rally is a "continuation of what we are seeing," as the market is actively repositioning where it needs to go, said Alice Cheng, director of municipal credit and investor strategy at Janney.
US equity indexes rose ahead of the close on Monday amid government bond yields extending declines and gold surging to a new all-time high. The Nasdaq Composite was up 0.5% to 21,805.7, after hitting a fresh record of 21,885.62 earlier in the session. Most US Treasury yields retreated, with the 10-year down 4.2 basis points to 4.04%, the lowest since early April.
Financial stocks eased in late Monday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund each declining 0.1%. The Philadelphia Housing Index added 0.3%, and the Real Estate Select Sector SPDR Fund fell 1.2%. Bitcoin rose 0.9% to $112,178, and the yield of 10-year US Treasuries shed 4 basis points to 4.05%. In economic news, at its Sept. 17 meeting, the pro...
Financial stocks were mixed in late Monday afternoon trading, with the NYSE Financial Index fractionally higher and the Financial Select Sector SPDR Fund down 0.1%. The Philadelphia Housing Index was adding 0.3%, and the Real Estate Select Sector SPDR Fund was falling 1.2%. Bitcoin was increasing 0.9% to $112,178, and the yield of 10-year US Treasuries was shedding 4 basis points to 4.05%. In e...
The expectation of finding a new job in the US hit a record low level in August, a survey by the Federal Reserve Bank of New York showed Monday, just days after a soft jobs for last month report stoked fears about a slowing labor market.
Several major cities are staring down budget deficits and credit downgrades as the effects of inflation and OBBBA trickles down while relationships with their states adds complexity.
Financial stocks were lower in Monday afternoon trading, with the NYSE Financial Index fractionally down and the Financial Select Sector SPDR Fund shedding 0.1%. The Philadelphia Housing Index was adding 0.2%, and the Real Estate Select Sector SPDR Fund was falling 1%. Bitcoin was increasing 1.3% to $112,419, and the yield of 10-year US Treasuries was shedding 1.9 basis points to 4.07%. In econ...
The Federal Reserve will likely embark on a series of rate cuts this month, with the central bank unlikely to adopt an aggressive approach to monetary policy easing, Oppenheimer Asset Management said in a Monday note. The US central bank's Federal Open Market Committee is scheduled to review its policy next week, and has two more meetings after that this year.
US equity indexes were mixed after midday on Monday amid government bond yields extending declines and gold surging to a new all-time high. The Nasdaq Composite was up 0.5% to 21,800.1, after hitting a fresh record of 21,885.62 earlier in the session. Treasury yields declined, with the 10-year down 2.3 basis points to 4.06%, the lowest since early April.
The market strength is a carryover from Friday, when munis rallied upo 12 basis points after a weaker-than-expected jobs report solidified expectations for a September rate cut. This was the largest single-day rally since April.
US equity indexes rose after midday on Monday, with the Nasdaq Composite scaling new peaks, amid government bond yields extending declines and gold surging to a new all-time high. The Nasdaq Composite increased 0.8% to 21,876.2, after hitting a fresh record of 21,885.62 earlier in the session. Treasury yields declined, with the 10-year down 3.5 basis points to 4.05%, the lowest since early April.
Wider path to a September cut at the Bank of Canada, but it ins't a done deal, said RBC. Friday's Labour Force Survey isn't as bad as the headlines suggest, but not great overall, noted the bank. The optics of two consecutive negative payroll prints and a Q2 gross domestic product contraction increase the scope for the BoC to cut in September, stated RBC.
Chile's central bank delivers its next policy decision on Tuesday, noted Scotiabank. The consumer price index for August arrives on Wednesday. year-over-year rate little changed, said the bank. BCCh targets inflation within a 2%-4% range. Scotiabank predicts BCCh will leave the policy rate at 4.75% on Tuesday.
Consumer expectations for one-year US inflation growth increased to a 3.2% gain in August from a 3.1% gain in the previous month, according to a survey released by the New York Federal Reserve Bank on Monday.
Canada's job market was hit hard in August and the odds that the Bank of Canada will resume easing at the Sept. 17 meeting went up, said Scotiabank after Friday's Labour Force Survey. With materially fresh evidence, the bank's revised call is a 25bps cut next week, followed by another in October and then hold, it stated late Friday.
Following the Bank of England August rate decision, Deutsche Bank noted that a Q4 2025 rate cut was likely but was ultimately a "coin toss" between November and December. On the margins, the bank favored a November rate cut given the backdrop of updated projections and more open communication -- something, indeed, the BoE's MPC has stuck to all cycle.
The shortened Labour Day week was a "wild ride," as concerns about fiscal pressures pushed United States bond yields higher to start the week, taking global debt markets with them, TD said. However, conditions have since cooled as economic data stoked growth worries, the bank said.
Greystone, a leading national commercial real estate finance company, has provided a $19,764,000 Fannie Mae DUS? loan to refinance Legacy on Rockhill, a newly constructed 128-unit build-to-rent community in McKinney, Texas.
After a surprisingly stronger Q2, where the United Kingdom claimed the fastest gross domestic product growth rate among G7 economies, all signs point to a slowdown in economic activity in H2 of the year, said Deutsche Bank. A course correction in trade-fronting, stockpiling, net acquisitions of precious metals and public sector spending, the bank thinks, will see U.K. GDP growth slow into H2.
Harrow said Monday it launched a $250 million private offering of senior unsecured notes due 2030. Harrow said it expects to use the net proceeds to repay its $107.5 million facility with Oaktree Fund Administration, to redeem $75 million of its outstanding 8.625% senior notes and $40.3 million of its outstanding 11.875% senior notes, and to pay certain related exit costs.
Antero Midstream (AM) said Monday it plans to sell $500 million of senior unsecured notes due 2033 through a private placement. Net proceeds, including borrowings under Antero Midstream's (AM) revolving credit facility, will be used to fully redeem its 5.75% senior notes due 2027, the company said. MT Newswires does not provide investment advice.
Announces Commitment for New $40 Million Revolving Credit Facility Issues Conditional Notice of Redemption of 11.875% Senior Notes due 2027 Harrow?, a leading provider of ophthalmic disease management solutions in North America, today announced that it has commenced a private offering of $250.0 million aggregate principal amount of senior unsecured notes due 2030, subject to market and certain...
European bourses tracked moderately higher midday Monday on prospects for monetary policy easing by the Federal Reserve after weak US labor market data last week, and as traders shrugged off a pending national government shake-up in Paris. Bank and oil stocks led gainers on continental trading floors, while food issues lagged.
The US dollar fell against its major trading partners early Monday, except for a gain versus the yen, as the focus turns to August inflation data this week in the absence of appearances by Federal Reserve officials during the quiet period before the Sept. 16-17 FOMC meeting.
Wall Street futures pointed moderately higher pre-bell Monday as traders weighed prospects for Federal Reserve easing after the recent batch of soft job-market reports and awaited pending inflation bulletins from Washington.
NEW YORK, September 8, 2025 ? Wix.com Ltd. (WIX), the leading SaaS website builder platform1, today announced its intention to offer, subject to market conditions and other factors, $750 million aggregate principal amount of 0.00% Convertible Senior Notes due 2030 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
NCL Corporation Ltd., a subsidiary of Norwegian Cruise Line Holdings Ltd. (NCLH), announced today that it is proposing to sell $1,025.0 million aggregate principal amount of its senior notes due 2031 and $1,025.0 million aggregate principal amount of its senior notes due 2033 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended.
Asian stock markets tracked moderately higher Monday on the outlook for a rate cut from the Federal Reserve after soft US job-market reports last week, and a pending change in political leadership in Tokyo. Hong Kong, Shanghai and Tokyo finished in the green, as did most other regional exchanges.
Societe Generale in its early Monday economic news summary pointed out: -- US dollar and United States Treasury yields steady after nonfarm payrolls led losses on Friday, rise in unemployment rate to 4.3% raises odds of a 50bps cut at the FOMC meeting next week. -- Japan: LDP party to set leadership election date on Tuesday after PM Ishiba resigned on Sunday.
Baidu (BIDU) said Sunday it is planning to offer Chinese renminbi-denominated senior unsecured notes in offshore transactions outside of the US. Net proceeds will be used for general corporate purposes, including debt repayments, the company said. MT Newswires does not provide investment advice.
Economist Paul Krugman is raising the alarm against President Donald Trump?s attempts to destroy the Federal Reserve?s independence, in a push for personal control over monetary policy.
The U.S. government's effort to privatize Fannie Mae and Freddie Mac through a $30 billion IPO has prompted the Federal Housing Finance Agency to rehire employees it laid off earlier this year. The FHFA, led by President Donald Trump?appointed director Bill Pulte, had cut roughly 30% of its workforce in the spring and summer, including economists and board members of the mortgage giants.
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.