Within the walls of their new house, Nick and Patrick found dozens of bootleg booze bottles!
Within the walls of their new house, Nick and Patrick found dozens of bootleg booze bottles!
The iShares U.S. Home Construction ETF is the Stock Of The Day, as the housing industry remains a bright spot in the economy.
President Biden speaks about his administration’s plans for the COVID-19 pandemic.
The Interior Design Software Market will grow by USD 188.77 mn during 2020-2024
Unified ID 2.0, the next generation identity solution, is formally being submitted today to the Partnership for Responsible Addressable Media (PRAM). Earlier this month, PRAM called for contributions of addressability code for collaborative development. Unified ID 2.0 is built on an open-source digital framework, and it is the result of broad collaboration among a range of companies across the industry.
The "Snow Making Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Oh glory of glories!
Phillips 66 (NYSE: PSX) today announced it has received a $3 million grant from the U.S. Department of Energy to advance the development of high-performance reversible solid oxide fuel cells.
3DQue Systems, a Vancouver-based 3D printing company, is excited to announce the official launch of Quinly, the world's first true automated end-to-end print manager for Ender 3. It enables unattended continuous printing allowing a user to print different jobs without human interference so long as each item doesn't require a change of material or the nozzle diameter. This is impossible with any other printer.
"We thought there could be an improved way to secure a retractable leash while walking our dog," said one of two inventors, from Plant City, Fla., "so we invented the WRIST-DOG SAVER-PET SAVER. Our design eliminates the need to race after the pet and it could help to prevent possible danger."
2020 was a monumental year for all industries, and an especially formative time for health. The pandemic forced care providers, hospital systems and health brands to adapt and pivot at unprecedented speed and scale, with major industry players leaning into and creating new models by the minute in order to survive. The once-in-a-lifetime transformational events have acted as a catalyst, driving significant, permanent change that will shape a future health environment much different than previously seen.
MemVerge™, the pioneers of Big Memory software, announced today that it was certified as a great workplace by the independent analysts at Great Place to Work®. MemVerge earned this credential based on ratings provided by its employees in anonymous surveys. A summary of these ratings can be found on the MemVerge review page.
CLSK CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against CleanSpark, Inc.
Moderna stock popped Thursday after the first participant in Japan received the biotech company's coronavirus vaccine through development partner Takeda Pharmaceutical.
(Bloomberg) -- Investors clamored for bonds backed by U.S. commercial aircraft leases this week in the first such offering in almost a year.Castlelake LP, an investment firm whose businesses include buying and leasing out commercial planes, sold $595 million of bonds backed by aircraft on Wednesday, reaching money managers that are hopeful the pandemic-battered industry is nearing a recovery, and are hungrier for yield. More aircraft lease deals could be coming in part because airlines have raised so much money, giving them resources to make lease payments.The biggest portion of the Castlelake deal priced with a yield of 3.5%, a high level relative to other asset-backed securities for sale now. For example, a separate bond, with a slightly lower rating and a 3.4 year average life and backed by subprime car loans, yielded just 1.16% this week.The yield on the Castlelake transaction was high enough to draw ten times as many orders as there were bonds for sale, according to Jason Callan, head of structured assets at Columbia Threadneedle Investments.“The assets backing these bonds are super volatile, but there is a lack of yield in the current environment,” Callan said.Proceeds from the Castlelake asset-backed securities are being used to buy 27 aircraft and their related leases to airlines, according to Kroll Bond Rating Agency, which is one of the firms rating the debt. Investors get paid as airlines make their lease payments, which is still a risk for investors as the companies struggle to recover. The asset-backeds were designed to offer more protections against further downturns in the travel industry than typical aircraft bonds.For example, if lease collections fall below a certain level, investors in the least-risky securities start to get paid back sooner, according Kroll and Moody’s Investors Service. Nearly a quarter of the leases are to Delta Air Lines Inc., and more than 15% are to state-owned Qatar Airways, which are relatively strong airlines. The leases are longer term, with most expiring after 2024, which also reduces risk, according to Moody’s.The Covid-19 pandemic has roiled air travel and depressed demand for flights, putting the airline industry through the wringer in 2020 and into this year with heavy losses. Vaccines will likely help lift demand for air travel again, but putting inoculations into arms is proving to be logistically difficult in many parts of the world. It’s not clear how long it will take for air traffic to return to prior levels.Concerns about the strength of the travel industry depressed sales of airline lease asset-backeds in the U.S. after years of steady growth. The last commercial lease aircraft ABS was sold in February 2020, by Willis Lease and Sculptor Capital. There was an offering backed by business jet leases in October, as well. Aircraft ABS issuance was about $2.6 billion in 2020, after 2019’s $9.7 billion, according to data compiled by Bloomberg.But with the Federal Reserve having lowered interest rates to support the economy during the pandemic, investors are clamoring for yield. Money managers are looking at more esoteric assets than they may otherwise. And airlines themselves have been able to borrow more to pay their leases, said Keith Allman, head of non-flow ABS at Mitsubishi UFJ Financial Group, which helped lead the Castlelake offering.Read more: Conning’s Norris Likes Relative Value in Timeshare, Aircraft ABS“The vaccine news seemed to put a goalpost in investors’ minds, and they realized they could start tracking the distribution of the vaccine and compare it to the liquidity positions of these airlines,” Allman said. “It was clear some airlines could extend liquidity for 24 months or more at sustained levels.”Recovering PricesAircraft ABS prices got pummeled in the secondary market last March as lockdowns kept people at home, with the biggest portions of deals, typically rated A, falling to about 70 cents on the dollar from 100 cents, according to data from MUFG.Prices began to stabilize in June and some senior portions of deals returned nearly to par by December. The spigot is likely now open for sales to continue their upward trajectory in 2021.“You’ll see higher-grade lessors who have the ability to show how they managed through the pandemic return to the market this year,” Allman said. “Multiple issuers are expected out of the gate.”Goldman Sachs Group Inc., Credit Suisse Group AG, Deutsche Bank AG and MUFG led the transaction.(Updates with detail on leases in seventh paragraph. An earlier version of this story corrected the size of offering in the second paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Boris Johnson suggested Barack Obama’s removal of statue was ‘snub to Britain’
When the senator's inauguration outfit went viral, social media users wasted no time Photoshopping the pic into scenes with celebrities, iconic movies, even in a New York City subway car
U.S. Senator Bernie Sanders, wrapped up in a winter coat and mittens at the presidential inauguration, is now a fashion icon for looking like he was running an errand at the historic event. Amid a sea of designer coats, the 79-year-old senator made a sartorial statement on Wednesday by showing up in a jacket by snowboarding equipment company Burton and home-made wool mittens, carrying a large brown envelope. "Your uncle Bernie stepped out to the bodega for a cream cheese and lox bagel and got trapped at an inauguration," Lester Kiewit wrote in a tweet.
Helix, the leading population genomics company, announced the launch of the Helix® COVID-19 Surveillance Dashboard. This analysis stems from Helix's extensive COVID-19 testing experience, using Thermo Fisher Scientific's TaqPath™ COVID-19 Combo Kit combined with viral sequencing under the collaboration Helix recently announced with Illumina, with support from the CDC. The initial focus is on the SARS-CoV-2 B.1.1.7 variant, a more contagious variant originally discovered in the U.K. As new variants emerge in the U.S., the dashboard will be updated to track those as well. To date, Helix has helped to identify over 100 cases of B.1.1.7, the vast majority of all cases identified to date in the U.S.
Canada Mortgage and Housing Corporation (CMHC) says house prices could fall 47.9 per cent peak-to-trough and with an unemployment rate of 25 per cent in its worst case scenario. The scenario is a W-shaped recovery, which is a partial recovery followed by a resurgence of COVID-19 leading to a prolonged recession and a loss of confidence. There would be no government assistance, stocks and oil would fall, plus the failure of 4 mid-size financial institutions and one private mortgage insurer.
Outbreak affects nearly one-third of dairy site’s workforce