Month: October 2020

US states were grappling with surges in coronavirus cases that threatened to overwhelm hospitals as Donald Trump and Joe Biden staged competing campaign rallies on Saturday with just 10 days to go until the presidential election. Mr Trump was due to visit three battleground states — North Carolina, Ohio and Wisconsin — on Saturday alone
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If you’re traveling on your own, no problem. Just book your tickets. All you have to do is compare prices on an airfare search site to find the cheapest flight available. But what about when you’re traveling with family and friends? Here’s where it gets interesting. You could shop the usual way–entering the total number of
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Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Company: ACI Worldwide, Inc. (ACIW) Business: ACI Worldwide, Inc. develops and markets software products and services focused on facilitating electronic payments. Its products and services are used principally by financial institutions, retailers, billers and electronic payment processors,
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The US has tallied the most new coronavirus cases in a week since a major summer outbreak, threatening to overwhelm hospitals in parts of the country just as voters head to the polls for one of the most hotly contested presidential elections in modern history. The worst-hit region in the latest spike continued to be
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As the environmental, social and governance market grows within the municipal market, Moody’s Investors Service this week withdrew its Green Bond Assessment product for various corporate and muni bonds after pivoting to using its affiliate Vigeo Eiris to designate sustainable/ESG investments. This move follows the recently announced formation of the Moody’s ESG Solutions Group and
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With interest rates at historic lows and despite its poor credit ratings. New Jersey’s decision to tap the muni market instead of the Federal Reserve’s lending program for a planned $4 billion borrowing is seen as a prudent strategy by analysts. Opting for long-term general obligation bonds to cover coronavirus revenue losses makes more sense
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A “sold” sign is posted on a home in Westfield, Ind., Friday, Sept. 25, 2020. The housing market has … [+] staged a furious comeback this summer, even as the economy struggles to regain its footing. Home sales have surged to the highest level in more than a decade. The strength has been driven by
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This week’s quarterly MSRB board meeting was the first presided over by Mark Kim as CEO.Dan Nelken The Municipal Securities Rulemaking Board will seek comment on a new draft rule related to solicitor municipal advisors and look for volunteers to serve on two advisory committees. Those decisions came out of the MSRB’s first quarterly board
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The COVID-19 pandemic has caused uncertainty, which brought on market volatility. Add in next month’s election, the failure of the government to reach another stimulus deal, and the possibility that low rates may stimulate asset bubbles when things get better, and you may look at the markets and say it could be worse. “Volatility barely
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Take a look at some of the biggest movers in the premarket: Intel (INTC) — The chipmaker reported third-quarter earnings of $1.11 per share, in line with estimates. Revenue was higher than expected at $18.33 billion, while analysts surveyed by Refinitiv expected $18.25 billion. The company’s Data Center Group, however, saw revenue decline by 7%
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One out of two college students knows “housing insecurity” by heart, first-hand. As many as 68,000 claim to be homeless. That data came before the novel coronavirus struck, heat-seeking America’s and the world’s most vulnerable. So when sustainable urbanism grad student Armelle Coutant and three of her Stanford University colleagues set out on a sleep-deprived
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New York City will shift $466 million to the current fiscal year’s capital budget to tackle affordable housing needs, Mayor Bill de Blasio said. This restores about half the amount the administration cut amid COVID-19 related austerity. The acceleration within the city’s affordable housing plan will increase the capital allocation this fiscal year to more
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Written by Nick Ackerman, co-produced by Stanford Chemist Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) is a diversified global call writing fund that offers investors a strong distribution. The fund has performed rather well, considering the market gyrations that 2020 has presented it. The widening discount has recently caught my attention. The last time
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America’s top airlines are considered some of the best employers in the U.S. Perhaps that’s why competition is so fierce for airline jobs. In 2017, Delta Air Lines, Inc. (DAL) received 200,000 applications for about 1,000 flight attendant openings, meaning fewer than 1% of applicants were hired. Mathematically speaking, that means it is five times harder
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