The retail investor is tip-toeing into the market this week as expected. Last week, in an interview with Forbes, Allan Conway, a fund manager for Schroders in London told me that he expected the retailer to return to the market within the next few weeks, but that flow would not last for long. “Most of
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Traders on the floor of the New York Stock Exchange Source: NYSE Earnings season starts with a rare confluence of bullish factors: stocks at new highs, economic reports exceeding expectations, the vaccine rollout accelerating, an uber-dovish Fed, higher tax fears diminishing, and most importantly, expectations that CEOs will provide far more guidance than they did
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Larry Connor The Connor Group Larry Connor, the leader of eponymous Ohio-based real estate firm The Connor Group, earlier this year signed on to fly to the International Space Station. But first, before beginning his astronaut training, Connor will dive to the bottom of the ocean. Connor is partnering with deep sea specialist EYOS Expeditions
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Investors welcomed a flurry of new deals from diverse credits, including four competitive deals that pushed triple-A benchmarks richer as the minutes from the recent Federal Open Market Committee meeting were released with more of the same story: rates will stay low with “transitory” inflation increases. The Investment Company Institute reported another week of inflows,
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An illustration of the SpaceMobile satellite constellation. AST SpaceMobile Shares of satellite-to-smartphone broadband company AST SpaceMobile began trading on the Nasdaq on Wednesday, with the company the first among a flurry of recent space companies to close its SPAC deal. AST SpaceMobile trades under the ticker ASTS, with shares previously listed under the SPAC New
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Municipal primary deals repriced to lower yields, competitive deals saw lower coupon structures and strong demand, and both helped push yields lower on triple-A benchmarks as U.S. Treasuries made gains on Tuesday. Gilt-edged Forsyth, North Carolina, general obligation bonds came competitively with 4% coupons through triple-A 5% levels in some maturities, and 2s in 2041
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Take a look at some of the biggest movers in the premarket: Illumina (ILMN) – Illumina issued preliminary current-quarter and full-year guidance that exceeded current analyst estimates. The life sciences company said its projected results are being driven by record orders in its gene-sequencing and related businesses. Illumina jumped 9.2% in premarket action. Cara Therapeutics
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fstop123 | Getty Images The Consumer Financial Protection Bureau proposed a rule Monday to prevent a wave of foreclosures this fall, when certain Covid-era protections for homeowners are set to expire. The proposal, which would need final approval, generally prohibits mortgage servicers from initiating foreclosure proceedings against delinquent borrowers until after Dec. 31, 2021. The
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Office rents rising in 2020? Positive GDP growth during a global health crisis? Seems unimaginable, unless you live in Vietnam. The country’s list of feats this past year has been remarkable given the current health and economic hardships across the world. Vietnam had incredible success containing Covid-19, with the country of 96 million people registering
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California will have extensive resources to improve its high-speed internet connectivity if a coalition of statewide organizations gets its way. The cross-sector coalition penned a letter to California lawmakers asking that they include $8 billion in one-time funding in the fiscal 2021-22 budget to improve the state’s high-speed broadband infrastructure. The COVID-19 pandemic has underscored
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Sanjay Mehrota, CEO, Micron Scott Mlyn | CNBC With focus locked in on the emergence from the pandemic, there is still plenty of uncertainty lingering on Wall Street. So, how can exciting investment opportunities be found? By following the latest stock recommendations from the analysts that consistently get it right. TipRanks’ analyst forecasting service attempts
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In this article MSFT QS WING KMX MU WDC F NIO Satya Nadella, chief executive officer of Microsoft Corp., speaks during the Microsoft Developers Build Conference in Seattle, Washington, U.S., on Monday, May 7, 2018. The Build conference, marking its second consecutive year in Seattle, is expected to put emphasis on the company’s cloud technologies
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