Stock Market Rises For 3rd-Straight Day; This Stock Soars 18%

On December 3, 2021, Under Armour, Inc. entered into Amendment No. 3 to the Amended and Restated Credit Agreement, dated as of March 8, 2019, by and among the Company, as borrower, JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders and arrangers party thereto, as amended by Amendment No. 1, dated as of May 12, 2020 and Amendment No. 2, dated as of May 17,…

On December 7, 2021, Radian Group Inc. entered into a new unsecured revolving credit facility with a committed availability of $275 million with Royal Bank of Canada, as Administrative Agent, U.S. Bank National Association, as Syndication Agent, RBC Capital Markets and U.S. Bank as Joint Lead Arrangers and Joint Book Runners, Associated Bank, National…

On December 2, 2021, The GEO Group, Inc. announced in a press release that its Board of Directors unanimously approved a plan to terminate its Real Estate Investment Trust election and become a taxable C corporation, effective for the fiscal year ending December 31, 2021. The decision stems from the Board's evaluation of GEO's corporate tax structure and REIT…

Metals Acquisition Corp. announced it had received a notification dated December 2, 2021 from the New York Stock Exchange informing the Company that, because the number of public stockholders is less than 300, the Company is not in compliance with Section 802.01 B of the NYSE Listed Company Manual. The Listing Rule requires the Company to maintain a minimum…

–Cadence Bank announced today that its Board of Directors authorized a new share repurchase program allowing the company to purchase up to an aggregate of 10 million shares of Cadence's common stock. Subject to the approval of the Federal Deposit Insurance Corporation, this new share repurchase program will be effective on January 3, 2022 and will expire on…

Recently, the United Food and Commercial Workers Union, Credit Union National Association, the American Bankers Association and 11 other organizations sent a letter to Senate leadership urging members to enact cannabis banking reform as part of the National Defense Authorization Act. The letter implores members of the Senate to adopt language that protects financial institutions […]

On December 2, 2021, Fortress Transportation and Infrastructure Investors LLC entered into an Amended and Restated Credit Agreement among the Company, as the borrower, certain lenders and issuing banks from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent. The A&R Credit Agreement provides for revolving loans to be made…

"We are excited to appoint Claire as a full trustee of Hennessy Funds Trust," said Neil Hennessy, Chairman of the Board and the President of Hennessy Funds. Ms. Garvie is Founder and Chief Operating Officer at Kiosk, a full-service digital advertising agency. Ms. Garvie joins the Board as the fifth trustee and fourth independent trustee, and she will serve Hennessy…

On December 6, 2021, SL Green Realty Corp. and SL Green Operating Partnership, L.P. entered into a $2.5 billion amended and restated credit facility, which includes a $1.05 billion term loan facility, a $200 million term loan facility and a $1.25 billion revolving credit facility. The Term Loan A Facility matures on May 15, 2027 and the Term Loan B Facility matures…

On December 6, 2021, SL Green Realty Corp. and SL Green Operating Partnership, L.P. entered into a $2.5 billion amended and restated credit facility, which includes a $1.05 billion term loan facility, a $200 million term loan facility and a $1.25 billion revolving credit facility. The Term Loan A Facility matures on May 15, 2027 and the Term Loan B Facility matures…

In connection with the consummation of the Merger, on December 8, 2021, the Company terminated the Credit Agreement, dated as of January 13, 2021, by and among the Company and its indirect wholly owned subsidiary, PPD Development, L.P., JPMorgan Chase Bank, N.A., as the administrative agent, collateral agent and a L/C issuer, and each lender party thereto and each L/C…

–Boxed, Inc., an e-commerce grocery platform which sells bulk consumables and licenses its e-commerce software to enterprise retailers, today announced that it has completed its previously announced business combination with Seven Oaks Acquisition Corp., a special purpose acquisition company.. Following consummation of the business combination, the…

On December 8, 2021, American Tower Corporation amended and restated the agreements for its multicurrency senior unsecured revolving credit facility, as previously amended and restated on February 10, 2021, with Toronto Dominion LLC as Administrative Agent, its senior unsecured revolving credit facility, as previously amended and restated on February…

In Mexico, the Price and Quotation Index of the Mexican Stock Exchange ended the day with a gain of 0.62% to 50,918.28 points, according to data from Investing.com. Among the stocks with the biggest moves, those of vaccine makers Moderna and Pfizer are up 6.41% and 0.51%, respectively. Pfizer and BioNTech said Wednesday that a third dose of their Covid-19 vaccine…

After a tumultuous last two weeks, the bulls have made a stand this week as the major indexes are back in the green for December. The Invesco Nasdaq 100 ETF also holds all three of the Zacks #1 Ranked Strong Buys we will discuss today and is up about 27% on the year. Image Source: Zacks Investment Research.

Nu Holdings, operator of the largest digital bank in Latin America, seeks to raise up to two billion 600 million dollars with its initial public offering in the U.S. stock market, reported The Wall Street Journal. The company plans to sell up to 289.2 million shares at an individual price of between eight and nine dollars, or about 16% less than the price of between 10…

BioNTech and Pfizer said Wednesday that a course of three injections of their vaccine was shown to generate a neutralizing effect against the new strain of the coronavirus in a lab test and said they could deliver an Omicron-based vaccine in March 2022 if needed. The Australian dollar hit a one-week high and China's yuan jumped to its highest since May 2018…

EFE- The Association of Banks of Mexico on Tuesday expressed its confidence in the Bank of Mexico before the next governor of the central bank, Victoria Rodriguez Ceja, ratified last week amid controversy. "We have full confidence that the Bank of Mexico will continue with its autonomous and independent function," said Daniel Becker, president of the ABM, at an…

Dec 8- Spain's benchmark stock index closed on Wednesday with losses after two days of gains, in a context marked by uncertainty generated by the impact that may end up having the omicron variant of the coronavirus globally. JonesTrading chief market strategist Michael O'Rourke highlighted the omicron breakthrough, describing headlines released by the…

The Dow Jones slipped lower as the stock market paused. The Donald Trump SPAC rocketed again. Apple stock popped.

Loans in pesos to the non-financial private sector grew in real terms for the third consecutive month in October, with the highest increase since the beginning of 2020, and bank liquidity in foreign currency was above 80% of deposits, remaining at record levels, according to the Monthly Monetary Report of the Central Bank released today.

Moody's rating agency Moody' s announced that government support announced this week for the oil company Pemex would allow the company to reduce its debt by about $20 billion dollars between 2021 and 2023.. The firm described the repurchase of bonds and capital injection as' positive from a credit point of view' because they reduce debt risk and refinancing of…

With the holiday in Argentina for the day of the Immaculate Conception of the Virgin Mary, the local market reference is exclusively in the hands of the performance of Argentinean stocks on Wall Street. While markets in other countries around the world will be closed this Tuesday for the same holiday as in the U.S., this is not the case in the U.S., which is of…

Inflation expectations for the near future force savers to look for alternatives to hedge against rising prices. For those who can not resort to the dollar and need to place pesos, banks offer a unique option that takes care of the purchasing power of savings. Last week the Central Bank published its Relevamiento de Expectativas del Mercado, a monthly survey…

MEXICO CITY, Dec 8- The Mexican peso appreciated on Wednesday for the third consecutive session before a decline in the U.S. dollar, while strengthening expectations that the variant of the Omicron coronavirus does not pose a threat to global economic activity, although the stock market lost. *Drugmakers Pfizer and BioNtech announced positive results for…

The Vice-President of the European Central Bank, Luis de Guindos, has stressed the need for a more comprehensive macroprudential policy framework for non-bank financial institutions to help ensure that these institutions are more resilient and can provide a more stable source of funding for the real economy. This was made clear during the 5th Annual…

Thus, the Japanese Nikkei index rose 1.42%; Hong Kong 0.06%; South Korea 0.34%; Taiwan 0.20% and China 1.18% in its Shanghai index and 1.82% in the Shenzhen. In Europe, the main stock exchanges traded with a negative sign, except for London, which grew 0.23%, while Paris lost 0.31%; Frankfurt 0.62%; Madrid 0.54% and Milan 0.92%. Regarding oil prices, West Texas…

South African scientists have warned the variant cut significantly the antibody protection generated by the Pfizer and BioNTech vaccine. Pfizer and BioNTech announced the 3rd dose of their vaccine is effective at neutralizing the omicron variant but also admitted that it may spread faster and could lead to more mutations in the future.

*The index got a breather when BioNTech and Pfizer said a course of three injections of their COVID-19 vaccine was able to neutralize the Omicron variant in a lab test. *U.S. investment bank JP Morgan predicted Wednesday that 2022 will mark the end of the pandemic and a full global economic recovery will follow. *However, chipmakers ASML and Infineon, and luxury…

Pfizer says COVID booster offers protection against omicron' Pharma Bro' firm reaches $40 M settlement in gouging case $56 K Alzheimer’ s drug avoiding Biden’ s cost curbs, for now Major outage at Amazon disrupts businesses across the US Flood insurance costs rise in areas once deemed lower risk Stocks turn choppy on Wall Street after a two-day rally Serbia moves…

Agency: " Board of Governors of the Federal Reserve System." SUMMARY: The Board of Governors is publishing a final rule that applies an inflation adjustment to the threshold for total consolidated assets in Regulation I. Federal Reserve Bank stockholders that have total consolidated assets above the threshold receive a different dividend rate on their…

Polands's central bank raised its key interest rates for the third time, as expected, and signaled it is likely to continue raising rates, saying policy decisions in coming months "will continue to be aimed at reducing inflation to a level consistent with the NBP inflation target in the medium term."      The National Bank of Poland (NBP) raised its reference rate by another 50…

Agency: " Board of Governors of the Federal Reserve System." SUMMARY: The Board of Governors is publishing a final rule that applies an inflation adjustment to the threshold for total consolidated assets in Regulation I. Federal Reserve Bank stockholders that have total consolidated assets above the threshold receive a different dividend rate on their…

Polands's central bank raised its key interest rates for the third time, as expected, and signaled it is likely to continue raising rates, saying policy decisions in coming months "will continue to be aimed at reducing inflation to a level consistent with the NBP inflation target in the medium term."      The National Bank of Poland (NBP) raised its reference rate by another 50…

Binance Asia acquired 18% stake in the popular Singaporean securities exchange HGX despite being stuck in regulatory issues so let’s find out more in today’s binance news. Binance Asia acquired 18% stake in the Singaporean securities exchange HGX. According to the official press release, BAS revealed an 18% post-money stake in the exchange. Richard Teng as the CEO of Binance…

The business cycle in the US undergoes waves of booms and busts that create euphoria, and then widespread pain when the economy implodes. This cycle will continue if the Federal Reserve tries to “manage” the $20 trillion US economy to achieve its…

The CFA Society Philadelphia Annual Private Wealth Conference, held on Dec. 2, 2021, started off with a panel on“ Wealth& Estate Planning Strategies: Planning for Year-end and Beyond.” The panelists focused on helping clients who had just undergone some major transition that resulted in a liquidity event putting them into a position of wealth.

Major stock indexes were quietly mixed in afternoon trading Wednesday, a pretty good performance for the stock market after big gains Monday and Tuesday. Apple stock outperformed again in the Dow Jones Industrial Average. The Nasdaq 100 was led by DocuSign (DOCU), which continued its recovery after last week's earnings sell-off. Apple (AAPL) scored another all-time high, up 1.8%, but…

Egan-Jones Ratings Company releases its latest Risk Commentary issue entitled,“ Pax, Pax, and Pox- Regimes, Currencies, and Machiavelli.”. Egan-Jones Ratings Company started providing ratings in 1995 for the purpose of issuing timely, accurate ratings. EJR is a Nationally Recognized Statistical Rating Organization and is recognized by the National…

Soon Nubank could be worth as much as Itaú-Unibanco or Bradesco. And the same is happening in other areas- something good for the country's economy.Brazilian Nubank began operating eight years ago with free credit cards. If Nubank's IPO goes ahead as planned this week, the digital bank will be worth as much on the stock market as Bradesco or Itaú-Unibanco.

Moody's rating agency said the government support announced this week for Pemex would allow the oil company to reduce its debt by about $20 billion dollars between 2021 and 2023. The firm described the repurchase of bonds and capital injection as "positive from a credit point of view," because they reduce debt risk and refinancing of Pemex.

<img src=”https://icrowdnewswire.com/wp-content/uploads/2020/11/4000-logo.png” width=”233″ height=”24″ /><p>&#160;<strong><org value=”NYSE:EGP” idsrc=”xmltag.org” >EastGroup Properties</org> </strong>announced that its Board of Directors approved a 22.2% increase in…

Sara Gil, finance expert at HelpMyCash.com financial comparator, explains what are the best fixed-term deposits in Europe and how to contract them.How to contract foreign depositsThe easiest way is to use an intermediary who will take care of all the paperwork. Haitong Bank triumphs in one-year depositsHaitong Bank is the bank that has the highest…

MEXICO CITY, Dec 8- The Mexican stock market gained marginally in early trading on Wednesday, while strengthening the expectation that the variant of the omicron coronavirus would not pose a threat to global economic activity. The local benchmark S&P;/ BMV IPC was up 0.05% to 50,944.10 points, at 8.42 local time. Meanwhile, the market is waiting for relevant…

The New York Stock Exchange opened with scattered results on Wednesday after two days of strong rebound driven during which the markets were reassured about the danger of the omicron variant of the coronavirus: the Dow Jones star index advanced 0.19%, while the technology Nasdaq lost 0.34%.

Brazil's Nubank debuts Thursday on Wall Street with the intention of consolidating itself as one of the largest digital banks in the world and reaching a market value of up to about US$ 41 billion, a somewhat "exaggerated" forecast in the opinion of financial specialists. With nearly 50 million customers spread across Brazil, Colombia and Mexico, the fintech…

The Bank of Canada informed on Wednesday its decision to maintain the basic interest rate at 0.25% per year, as well as its current forward guidance. At the October meeting, the BoC had already announced it will end the quantitative easing program. In addition to the new strain, flooding in the province of British Columbia could weigh on the country's growth by…

NEW YORK- Stocks were swinging in morning trading on the New York Stock Exchange on Wednesday as some technology stocks fell. Communications stocks had solid advances. Facebook parent Meta Platforms was up 2.2% and Twitter was up 2.4%. Booking Holdings rose 2.6%, Wynn Resorts 4.1% and Carnival 7.8%.

12.05pm: Two-day Wall Street rally fizzles US stocks were mixed in noon trading even as Pfizer said a third dose of its vaccine would be effective against the new coronavirus (COVID-19) Omicron variant.   At midday, the Dow eased 67 points to 35,652, while the S&P 500 was flat at 4,687 and the tech-heavy Nasdaq gained 46 points to 15,733.     “Investors have been conditioned…

Here’ s today’ s Money Challenge, should you choose to accept it: reassess your 401 K contributions and investments. The IRS recently announced that the 2022 contribution limit for 401 plans will increase to $20,500. For example, if you’ re paid weekly, you should be contributing around $394.24 each week to your 401.

The Uganda Green Enterprise Finance Accelerator will be hosting the second annual Green Finance Dialogue Forum at the Kampala Sheraton Hotel on Thursday. The topic of Green Finance appeared as a major theme during this year's Ugandan Annual Bankers' Conference; government commitments to climate action have been reinforced in the recently passed Climate…

MEXICO CITY, Dec 8- The mission of Mexico's central bank at the moment is to manage inflation expectations and monetary policy must respond to it forcefully, said the deputy governor of the entity Irene Espinosa in an interview with Banorte published on Wednesday. Inflation in Mexico is at its highest levels in 20 years and Bank of Mexico has raised the key rate on…

New York, Dec 8- The price of Texas intermediate oil opened Wednesday with a decline of 0.32% and stood at 71.82 dollars a barrel, a slight fall after the recovery in oil prices in recent days by a better outlook for demand after reassuring information on the variant omicron. At 9.14 local time on the New York Mercantile Exchange, WTI futures contracts for January…

Soon Nubank could be worth as much as Itaú-Unibanco or Bradesco. And the same is happening in other areas- something good for the country's economy.Brazilian Nubank began operating eight years ago with free credit cards. If Nubank's IPO goes ahead as planned this week, the digital bank will be worth as much on the stock market as Bradesco or Itaú-Unibanco.

Sao Paulo, Dec 8- Brazil's Nubank debuts Thursday on Wall Street with the intention of consolidating itself as one of the largest digital banks in the world and reach a market value of up to $41 billion, a forecast somewhat "exaggerated" in the opinion of financial specialists. With nearly 50 million customers spread between Brazil, Colombia and Mexico, the "fintech"…

The Nasdaq Composite Index, which was badly beaten down by the Omicron impact, showed a strong reversal on the Dec 7 trading session. These include Pinduoduo Inc. PDD, NVIDIA Corporation NVDA, Marvell Technology MRVL, ASML Holding ASML and NXP Semiconductors NXPI. Optimism that the Omicron variant is less fearful than expected rekindled investors' confidence…

On October 13, 2021, ICE Clear Credit LLC filed with the Securities and Exchange Commission, pursuant to Section 19 of the Securities Exchange Act of 1934,/ 1/ and Rule 19 b-4,/ 2/ a proposed rule change to adopt the ICC Counterparty Monitoring Procedures and the ICC Credit Rating System Model Description and Parameterization. The proposed rule change was published…

Document Number: "Release No. 34-93709; File No. Pursuant to Section 19 of the Securities Exchange Act of 1934/ 1/ and Rule 19 b-4 thereunder,/ 2/ notice is hereby given that on November 18, 2021, National Securities Clearing Corporation filed with the Securities and Exchange Commission the proposed rule change as described in Items I, II and III below, which Items have…