Month: January 2021

After reporting a surplus of $3.3 million dollars at the end of fiscal year 2020, the Municipal Securities Rulemaking Board has decided to temporarily reduce certain market-based fees by 40% for a year and a half. The MSRB announced that decision Jan. 29 after its quarterly board meeting earlier in the week. The move will
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Investors on the hunt for yield with few pickings scooped up Chicago Public Schools’ junk paper Wednesday driving down the district’s yield penalties paid in the primary market to their lowest in years. The 10-year in the $560 million sale that marked the Chicago Board of Education’s first COVID-19 era sale settled at a yield
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An employee works inside an Office Depot Inc. Susana Gonzalez | Bloomberg | Getty Images Company: ODP Corp. (ODP) ODP Corp. is a provider of business services, products and digital workplace technology solutions to small and medium businesses. The company has a fully integrated business-to-business distribution platform of approximately 1,300 stores and online presence. The
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Daniel Acker | Bloomberg | Getty Images These stocks are making some of the largest moves in midday trading: Mondelez International — Mondelez, which owns snack brands including Oreo and Ritz, dipped 2% despite reporting better-than-expected earnings. Modelez earned 67 cents per share, topping estimates by one cent, according to Refinitiv. Revenue came in at
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Just recently, the Bitcoin Cash community has been discussing the large number of transactions the network has been seeing on a daily basis during the last month. Statistics show that bitcoin cash daily transactions have been increasing every day since the last week of 2020. Bitcoin Cash miners have processed upwards of 300,000+ daily transactions
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Ursula von der Leyen has promised Boris Johnson that future EU controls on vaccines will not disrupt contracted supplies of the Belgian-made BioNTech/Pfizer vaccine to Britain. The European Commission president, made the commitment to the prime minister in a tense Friday night call, which followed the Commission’s controversial plan — hastily abandoned — to impose
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Michael Frawley had already been dabbling in financial derivatives for a few months when he joined a raucous, profane trade-tipping internet forum last year. Reddit’s WallStreetBets would prove the gateway into the 25-year-old Ohio engineer’s wildest ever bet. GameStop is a struggling bricks-and-mortar video game retailer in a world that is rapidly moving online. The
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