RED BANK, N.J., Dec. 8, 2023 Halcyon?Software, a prominent player in the financial technology sector, is excited to announce the launch of its cutting-edge Tax Transcript Income Verification product, engineered to seamlessly integrate with Freddie Mac Loan Product Advisor? asset and income modeler.
Commentary on today's US Bureau of Labor Statistics Employment Situation Report by Selcuk Eren, Senior Economist, The Conference Board Jobs report supports Fed's desired slower consumption, inflation, and labor market trifecta NEW YORK, Dec. 8, 2023 /PRNewswire/ -- Today's jobs report revealed that the labor market is cooling, consistent with the Fed's desire to lower inflation.
The new report from the GSMA, published at its Indonesia Digital Nations Summit in Jakarta, evaluates Indonesia's progress to becoming a digital nation and recommends action points to accelerate progress JAKARTA, Indonesia, Dec. 8, 2023 /PRNewswire/ -- The Indonesian government has made strong steps towards becoming a leading digital nation, according to a?report?published today at the GSMA's I...
PHOENIX, Dec. 7, 2023 Nikola Corporation (NKLA) today announced the pricing of its concurrent public offerings of 133,333,334 shares of common stock, at a public offering price of $0.75 per share, and $175,000,000 aggregate principal amount of 8.25% Green Convertible Senior Notes due 2026. June 15 and December 15 of each year, beginning on June 15, 2024.
ATLANTA, Dec. 7, 2023 /PRNewswire/ -- The Cox Automotive Dealer Sentiment Index reveals a significant decrease in U.S. auto dealer sentiment in Q4 2023 compared to Q3. The latest survey illuminates several areas where dealer sentiment has dipped to all-time lows after showing relative stability in the last two quarters.
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 59.8 percent in November, a 7.7-percentage point increase from the October reading of 52.1 percent, indicating a third consecutive month of growth after a contraction in August.
VALLEY FORGE, Pa., Dec. 7, 2023 Vanguard today launched Vanguard Core-Plus Bond ETF and announced that Vanguard Core Bond ETF will launch before year end.
Only 14% of Consumers Believe It's a Good Time to Buy a Home, a New Survey Low WASHINGTON, Dec. 7, 2023 The Fannie Mae Home Purchase Sentiment Index? decreased 0.6 points in November, remaining within the bounds of the low-level plateau it established in the first half of 2023.
NEW YORK, Dec. 6, 2023 The New Terminal One at New York John F. Kennedy International Airport has announced a successful $2 billion bonds issuance, following a strong reception from the investor community. The Series 2023 Special Facilities Revenue Bonds were upsized by $500 million due to investor demand.
CHICAGO, Dec. 6, 2023 /PRNewswire/ -- Mesirow, an independent, employee-owned financial services firm, today announced the selection of Bing Hsu, Ph.D., CFA, and Mark Whitaker, CFA in Mesirow Institutional Sales & Trading, to Smith's 2023 All-Star Third Team in the Sellside Director of Research Category. Smith's All-Star Team recognizes the brightest analysts of Tax-Free Municipal Bonds.
Public is offering retail investors the ability to find, evaluate, and invest in more than 40,000 corporate and Treasury bonds NEW YORK, Dec. 6, 2023 /PRNewswire/ --?Public, the investing platform that lets members invest in stocks, ETFs, crypto, Treasury bills, and alternative assets, announces it is rolling out access for members to invest fractionally in corporate and Treasury bonds on desk...
DENVER, Dec. 6, 2023 ?SS&C ALPS Advisors, a wholly-owned subsidiary of SS&C Technologies Holdings, Inc. (SSNC), has partnered with Smith Capital Investors to launch the ALPS | Smith Core Plus Bond ETF, an active, fixed income ETF.
NEW YORK, Dec. 6, 2023 Bloomberg today announced the launch of new green-tilted fixed income indices, which seek to increase weighting to green bonds in some of Bloomberg's flagship indices such as the Global Aggregate, Treasury and Corporate Indices. ??.
ROSELAND, N.J., Dec. 6, 2023 ?Private sector employment increased by 103,000 jobs in November and annual pay was up 5.6 percent year-over-year, according to the November ADP? National Employment Report? produced by the ADP Research Institute? in collaboration with the Stanford Digital Economy Lab.
Strategy Combines Equities and Municipal Bonds in a Single Custodian Account NEW YORK, Dec. 6, 2023 /PRNewswire/ --?Nuveen, the investment manager of TIAA, has launched the Nuveen Tax Advantaged Balanced portfolio, which combines investment-grade municipal bonds and equities, featuring regular monitoring for automated tax-loss harvesting and rebalancing opportunities across both asset class sle...
New Study by PwC Reveals Company's Total Economic Impact Across the United States ATLANTA, Dec. 6, 2023 The Home Depot's (HD) total contribution to the U.S. economy was $215 billion in 2022, which exceeds the current-dollar gross domestic product of 18 U.S. states, per the U.S. Bureau of Economic Analysis. Richard McPhail, executive vice president and chief financial officer of The Home Depot.
NEW YORK, Dec. 6, 2023 Sphere Entertainment Co. (SPHR) today announced the pricing of $225 million aggregate principal amount of 3.50% convertible senior notes due 2028 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
The GSMA celebrates the start of proceedings with the publication of its annual Mobile Economy MENA 2023 Report RIYADH, Saudi Arabia, Dec. 5, 2023 /PRNewswire/ -- GSMA M360 MENA?commenced today at the Fairmont Riyadh, marking the beginning of two full days of keynotes, summits and networking focused around shaping the digital ecosystem in the Middle East & North Africa.
MINNEAPOLIS, Dec. 5, 2023 The Federal Reserve's aggressive rate hike will ultimately constrain GDP growth, pushing the economy into a mild recession in the first half of next year, RBC Wealth Management suggests in its?Global Insight 2024 Outlook, released Tuesday.
Study surveyed students from 163 countries and analyzed the broad societal benefits of international education WASHINGTON, Dec. 5, 2023 /PRNewswire/ -- MPOWER Financing, a mission-driven fintech firm and the leading provider of scholarships and no-cosigner loans to promising students from around the world, today released its third annual Social Impact Report.
NEW YORK, Dec. 5, 2023 ?Sphere Entertainment Co.? today announced that it intends to offer, subject to market conditions and other factors, $225 million in aggregate principal amount of convertible senior notes due 2028 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Expected proceeds to be used for the purchase and redemption of all outstanding 7.125% senior unsecured notes due 2026 HOUSTON, Dec. 4, 2023 /PRNewswire/ -- J.B. Poindexter & Co., Inc. ?, a privately -held company that designs, manufactures, and markets commercial truck bodies, step vans and delivery vehicles, service/utility truck and van bodies, commercial vehicle storage and shelving systems...
SUZHOU, China, Dec. 4, 2023 Recently, Crystal?Pharmatech's CDMO Business Unit?- Crystal Formulation Services successfully obtained dual certification in Good Manufacturing Practices[1] and Good Distribution Practices[2] from SGS, an internationally recognized third-party certification agency, in line with the World Health Organization standards.
New Orders and Backlogs Contracting; Employment and Production Contracting; Supplier Deliveries Faster; Raw Materials Inventories Contracting; Customers' Inventories Too High; Prices Decreasing; Exports and Imports Contracting. TEMPE, Ariz.
Lameier, Welty, Diaz and Stivers elected to four-year terms; Rogers rejoins Board;Vance re-elected vice chair CINCINNATI, Nov. 30, 2023 /PRNewswire/ -- The Federal Home Loan Bank of Cincinnati's Board of Directors announced the results of the FHLB's 2023 director elections.
Company Scores 100 on 2023-2024 Corporate Equality Index for Ninth Consecutive Year WASHINGTON, Nov. 30, 2023 Fannie Mae?today announced it has been recognized with the Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion from the Human Rights Campaign Foundation, receiving a score of 100 on its 2023-2024 Corporate Equality Index for the ninth consecutive year.
The integrated platforms help customers manage cash and optimize for safety and yield with precision, speed, and scale SAN DIEGO, Nov. 30, 2023 /PRNewswire/ -- Trovata, the global leader in bank API-powered cash management, and Jiko, a bank and technology leader offering real-time, programmatic access to the yield and safety of US Treasury bills via Jiko Corporate, today announced a strategic p...
DES MOINES, Iowa, Nov. 29, 2023 F&G Annuities & Life, Inc. (FG) ?today announced that it priced a public offering of $345 million aggregate principal amount of its 7.95% senior notes due 2053. 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.
WASHINGTON, Nov. 29, 2023 Fannie Mae's October 2023 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.
Third-party evaluation of payment metrics shows a significant impact on active income-generating activity?among refugees and vulnerable host communities in Cohort 1 AMMAN, Jordan, Nov. 29, 2023 /PRNewswire/ -- The IKEA Foundation, Novo?Nordisk Foundation, Norad, the U.S. International Development Finance Corporation, Ferd, and KOIS have received its first payment-linked evaluation results of th...
LONGWOOD, Fla. During the five-year term interest rate period, the coupon rate on the Bonds will be 6.50%. The Bonds, which were priced to yield 6.75%, have a final maturity of October 1, 2053. The Bonds are guaranteed by certain subsidiaries of Waste Pro pursuant to a guaranty agreement and as described in the indenture relating to the Bonds.
SAN DIEGO, Nov. 28, 2023 Realty Income Corporation (O), The Monthly Dividend Company?, today announced the pricing of a public offering of ?300 million of 5.750% senior unsecured notes due December 5, 2031, and ?450 million of 6.000% senior unsecured notes due December 5, 2039.
Index Bounces Back After Three Straight Monthly Declines as Expectations Turn Less Gloomy NEW YORK, Nov. 28, 2023 /PRNewswire/ -- The Conference Board Consumer Confidence Index? increased in November to 102.0, up from a downwardly revised 99.1 in October.
PASADENA, Calif. The price of gold, a traditional store of value and a hedge against economic uncertainty, jumped to $1,988 as of November 3rd, marking a 0.16% increase from the previous day's close. The rise in U.S. weekly jobless claims comes as a stark reminder of the ongoing challenges in the labor market.
SAN ANTONIO, Nov. 28, 2023 SWBC Investment Services, LLC, announced it was named Co-Manager on the City of San Antonio Electric and Gas Systems Revenue Refunding Bonds, New Series 2023C.
NEW YORK, Nov. 27, 2023 The Federal Home Loan Bank of New York announced today the results of the 2023 election for four positions on the FHLBNY's Board of Directors whose terms will each commence on January 1, 2024. The terms of all the positions will run for four years, expiring on December 31, 2027.
SALT LAKE CITY, Nov. 27, 2023 Extra Space Storage Inc. (EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, today announced that its operating partnership, Extra Space Storage LP, has priced a public offering of $600 million aggregate principal amount of 5.900% senior notes due 2031.
Lower Inflation Around the Globe Should Allow Central Banks to Cut Rates, While US Equities May Reach a Record Level of 5000 on the S&P by Year-end NEW YORK, Nov. 27, 2023 /PRNewswire/ -- Few have experienced today's macro uncertainty in their lifetime, and investors have underappreciated and underpriced its impact.
ST. JULIAN'S, Malta, Nov. 27, 2023 Gaming Innovation Group Inc. (GIGI) has mandated ABG Sundal Collier and Pareto Securities to arrange a series of fixed income investor meetings commencing on 28 November 2023. A 3-year senior secured floating rate bond issue of EUR 75 million may follow, subject to inter alia market conditions.
STOCKHOLM, Nov. 23, 2023 /PRNewswire/ -- Ericsson has successfully placed a green Euro-denominated 500 million 4.5-year bond. With this transaction, Ericsson extends its footprint in the Eurobond market, one of the world's largest corporate bond markets, and the proceeds will be exclusively allocated to investments in energy efficiency.
The rise in demand for packaging automotive components and protecting goods during transportation is a key driving force behind the growth of the protective wrapping paper market. Protective Wrapping Paper Market Forecast by 90 to 120 GSM, 135 to 210 GSM, and Others, Global Growth Opportunities and Revenue Forecast from 2024 to 2034 NEWARK, Del.
Home Sales Likely to Weaken in Near Term but Bottom Out Early Next Year WASHINGTON, Nov. 21, 2023 Economic growth remains likely to decelerate and ultimately result in a mild recession in 2024, followed by a return to growth in 2025, according to the November 2023 commentary from the Fannie Mae Economic and Strategic Research Group.
WASHINGTON, Nov. 21, 2023 Fannie Mae?today announced the winning bidder for its twenty-second Community Impact Pool of non-performing loans. The CIP awarded in this most recent transaction includes 61 loans with an aggregate UPB of $18,404,738; average loan size of $301,717; and weighted average note rate of 5.75%. The cover bid, which was the second highest bid, for the CIP was 82.12% of UPB.
WASHINGTON, Nov. 20, 2023 Fannie Mae announced today that it has executed its ninth and final Credit Insurance Risk Transfer? transaction of 2023. "We appreciate the continued support of the 21 insurers and reinsurers that have committed to write coverage for this deal," said Rob Schaefer, Fannie Mae Vice President, Capital Markets.
Featuring Federal Housing Finance Agency Director Sandra L. Thompson NEW YORK, Nov. 20, 2023 /PRNewswire/ -- The?CRE Finance Council, the trade association that exclusively represents the $5.9 trillion commercial and multifamily real estate finance industry, is happy to announce that its Annual D.C. Symposium returns on November 28, 2023.
Fannie Mae Returns to Market with $595 Million Transaction, Complementing Other Multifamily Credit Risk Sharing Programs WASHINGTON, Nov. 20, 2023 /PRNewswire/ -- Fannie Mae?priced its third Multifamily Connecticut Avenue Securities?? transaction, MCAS Series 2023-01, a $595 million note offering.
NEW YORK, Nov. 20, 2023 The Conference Board Leading Economic Index? ?for the?U.S. fell by 0.8 percent in October 2023 to 103.9, following a decline of 0.7 percent in September.
BOGOT?, Colombia, Nov. 20, 2023 Ecopetrol S.A. (EC) reports that the rating agency Fitch Ratings affirmed the Company's long-term foreign and local currency issuer default rating at "BB+", with a stable outlook.
WASHINGTON, Nov. 17, 2023 Fannie Mae priced Connecticut Avenue Securities? Series 2023-R08, an approximately $609 million note offering that represents Fannie Mae's eighth CAS REMIC? transaction of the year. "Our final deal of 2023 was met with very strong demand, including new investor interest," said Kathleen Pagliaro, Fannie Mae Vice President, Credit Risk Transfer.
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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