Hints and tips:
...Sure, a CCC-rated PIK bond looks better than a defaulted bond in your portfolio. But, as S&P puts it when explaining why U.S....
...ArtFi 2024-1’s prospectus has further detail on the collateral backing the deal, which it notes can include “fine art, collectibles, design furniture, coins, books, jewelry, watches, wine or other spirits...
...In last night from the SEC: The Securities and Exchange Commission today [Thursday] announced that Skechers U.S.A....
...The slower expectations for the transition come as companies make U-turns on their climate pledges and governments double down on fossil fuels amid energy security concerns....
...Here’s a chart looking at the waning outperformance of all 39 different categories that S&P DJI tracks — across both equities and fixed income....
...The U-turn puts S&P at odds with debt rating rival Moody’s, which still rates ESG criteria on a one to five scale. S&P is influential, with debt ratings that can affect a company’s borrowing cost....
...The mining sector remains unloved by investors despite record profits for many big companies last year, and despite widespread expectations of a boom in demand for metals such as copper, iron ore and nickel...
...The price has been pushed up by F1’s booming popularity in the US, and also the sport’s new spending caps that have put a lid on costs....
...Higher risks make this a market for specialists. The perimeter of the financial junkyard is defined by a rating of BB+ from Fitch and S&P, and Ba1 from Moody’s....
...Here’s why S&P is making the U-turn....
...(when the U.S....
...An investor opposed to the deal, Energy Income Partners, pointed out that this position was a U-turn from a bullish management outlook offered as recently as 2022....
...s=46&t=uS_p1jt3N5TYYYWqkDeEiw Also 15 November 2022: “Bnk To The Future (the ‘Company’) announces that its previously announced non-binding letter of intent with SALT Blockchain, Inc....
...Element Funds, a natural resources-focused asset manager, at the end of 2022l launched a $5mn ETF tied to futures contracts for copper, lithium, nickel and cobalt....
...Here’s our best attempt at taking a photo of the phone: OK, the Waystar Corp. of S1E3 now seems to be Waystar Royco Inc/WAY:NYSE, which plausibly could be a security representing a different class of shares...
...A modest proposal for Goldman Goldman Sachs partners are meeting in Florida this week after a difficult stretch, with 3,000 lay-offs, falling profits and a big strategy U-turn by chief executive David Solomon...
...The rating agency maintained the UK’s AA- investment grade but warned that the outlook was now negative rather than stable, mirroring the action taken last week by its peer S&P....
...Here’s a thing that’s happening: Aug 11 (WSJ) - The U.S....
...In a recent study S&P estimated demand for copper would double to 50mn tonnes by 2035 because of its uses in electric vehicles, charging infrastructure, solar panels, wind turbines and batteries....
...Africa’s second-largest copper producer defaulted on $17bn of debt in 2020....
...From Bloomberg on Friday: Affirm, the leading U.S....
...A modest increase has occurred in early-stage delinquencies. But it is not affecting investor demand. Commodities are likewise unbothered. Copper and aluminium have roughly traded sideways for weeks....
...Freeport now has a market value of $52bn — $18bn more than Barrick Gold, a rival miner that has been stalking the company. “We ended up being the eighth-best performing stock in the S&P 500 last year....
...It’s also important to have a new objet or two as talking points. So imagine my delight when I spotted an antique copper gyroscope globe....
...U-S corporations are reviewing their political donations after the attack on the Capitol building, and research has found the huge global cyber espionage campaign discovered last month was carried out using...
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