Australia passes law to make Google, Facebook pay for news Chairman Powell: Fed is in no hurry to raise interest rates Red-hot US housing market: January new home sales jump 4.3% New or used?
Australia's laws forcing Google and Facebook to pay for news are ready to take effect, though the laws' architect says it will take time for the digital giants to strike media deals Federal Reserve Chairman Jerome Powell has told Congress that the central bank will not begin raising interest rates until it believes its goals on maximum employment and…
Federal Reserve Chairman Jerome Powell has told Congress that the central bank will not begin raising interest rates until it believes its goals on maximum employment and inflation have been reached Demand for new homes in the U.S. surged 4.3% in January as the housing market remains one of the strongest segments of the economy The viral pandemic has…
Chairman Powell: Fed is in no hurry to raise interest rates Red-hot US housing market: January new home sales jump 4.3% New or used?
Chairman Powell: Fed is in no hurry to raise interest rates Biden orders a review of US supply chains for vital goods Biden nominates 3 to postal board as delays persist Red-hot US housing market: January new home sales jump 4.3% Facebook says it will pay $1 B over 3 years to news industry Gains for bank stocks help lead major US indexes higher Buffett's right-hand…

Launch of $2.65 billion Green Bond Offering
–Ardagh Group announces that Ardagh Metal Packaging S.A. has today, through its wholly-owned subsidiaries, Ardagh Metal Packaging Finance plc and Ardagh Metal Packaging Finance USA LLC, launched a bond financing of approximately $2.65 billion equivalent, through the issue of $600 million US Dollar Senior Secured Notes due 2028, $550 million equivalent…
2021 FEB 24– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– Rosecliff Acquisition Corp I announced that it priced its initial public offering of 22,000,000 units at $10.00 per unit. The Company is sponsored by an affiliate of Rosecliff Venture Management, LLC, a diversified investment management firm based in New York City.
According to news originating from Ural Federal University by NewsRx correspondents, research stated,“ This paper examines whether stock prices for fourteen African countries are affected by transitory or permanent shocks.”. The news journalists obtained a quote from the research from Ural Federal University:“ This study answers whether Africa stock…

Oasis Midstream Partners LP Announces Year Ended December 31, 2020 Earnings and Declares Fourth Quarter Distribution of $0.54/unit
Net income was $69. 3 MM and net cash from operating activities was $47. 2 MM in 4 Q20. Exceeded high-end of 4 Q20 Adjusted EBITDA guidance. 4 Q20 Adjusted EBITDA was $52. 1 MM and net Adjusted EBITDA to the Partnership was $34. 9 MM. Distributable Cash Flow was $30. 8 MM in 4 Q20, resulting in distribution coverage of 1.6 x. Free Cash Flow was $9. 9 MM in 4 Q20. CapEx net to OMP…
–Grupo Aeroportuario del Sureste, S.A.B. de C.V., a leading international airport group with operations in Mexico, the U.S., and Colombia, today announced results for the three- and twelve-month periods ended December 31, 2020. Total passenger traffic decreased 44.9% year over year, impacted by the COVID-19 pandemic, primarily since the second half of March 2020…
Stocks closed broadly higher on Wall Street after shaking off a wobbly start. Banks helped lead the gains as bond yields rose, which will allow banks to charge higher rates on mortgages and other loans. The yield on the 10- year Treasury note rose to its highest level in over a year.
Kathryn D. Kirmayer, general counsel at the Association of American Railroads, and Sarah Grimmer Yurasko, general counsel at the American Short Line and Regional Railroad Association, have issued a joint public comment on the Federal Railroad Administration proposed rule entitled “Fatigue Risk Management Programs for Certain Passenger and Freight…

Hamilton Beach Brands Holding Company Declares Quarterly Dividend
–Hamilton Beach Brands Holding Company today announced that the Board of Directors declared a regular cash dividend of $0.095 per share. About Hamilton Beach Brands Holding Company. Hamilton Beach Brands Holding Company is a holding company for Hamilton Beach Brands, Inc., a leading designer, marketer and distributor of a wide range of branded small electric…

American Public Education Announces Proposed Public Offering of Common Stock
–American Public Education, Inc. today announced that it has commenced an underwritten public offering of shares of its common stock. If APEI completes its acquisition of Rasmussen University, it may use a portion of the net proceeds of this offering to fund costs associated with closing of the acquisition, including to replace APEI’s obligation to issue $29…

Global Cord Blood Corporation Reports Financial Results for the Third Quarter and First Nine Months of Fiscal 2021
–Global Cord Blood Corporation, China’s leading provider of cord blood collection, laboratory testing, hematopoietic stem cell processing and stem cell storage services, today announced its unaudited financial results for the third quarter and first nine months of fiscal 2021, ended December 31, 2020. Operating margin decreased to 42.6% from 45.7% in the…

SHAREHOLDER ALERT: WeissLaw LLP Reminds LACQ, GWPH, PRSP, and CMD Shareholders About Its Ongoing Investigations
Joshua Rubin, Esq. WeissLaw LLP 1500 Broadway, 16 th Floor New York, NY 10036 682-3025 593-4771 stockinfo@weisslawllp.com. WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of GW Pharmaceuticals plc in connection with the proposed acquisition of the company by Jazz Pharmaceuticals…

Patrick Industries, Inc. Declares Quarterly Cash Dividend
–Patrick Industries, Inc., a major manufacturer and distributor of component and building products for the recreational vehicle, marine, manufactured housing and industrial markets, today announced that on February 23, 2021, its Board of Directors declared a quarterly cash dividend on its common stock of $0.28 per share. About Patrick Industries, Inc….

KL Acquisition Corp Announces Separate Trading of its Class A Common Stock and Warrants, Commencing March 1, 2021
–KL Acquisition Corp announced today that, commencing March 1, 2021, holders of the 28,750,000 units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s Class A common stock and warrants included in the units. Those units not separated will continue to trade on The Nasdaq Capital Markets under the symbol “KLAQU.”
The Leadership Council on Legal Diversity has recognized three attorneys from global law firm Greenberg Traurig, LLP as part of its Fellows and Pathfinders programs. Shareholder Rene A. Treviño has been named a 2021 Fellow and Associates Candace H. Uduebor and Glenn J. Thompson have been named 2021 Pathfinders by the LCLD. Uduebor is based in the firm's Denver…
Federal Reserve Chairman Jerome Powell has told Congress that the central bank will not begin raising interest rates until it believes its goals on maximum employment and inflation have been reached Demand for new homes in the U.S. surged 4.3% in January as the housing market remains one of the strongest segments of the economy The viral pandemic has…

Chesapeake Utilities Corporation Announces Quarterly Dividend
–Today, the Board of Directors of Chesapeake Utilities Corporation declared a quarterly cash dividend of $0.44 per share on the Company’s common stock. Chesapeake Utilities Corporation is a diversified energy company engaged in natural gas transmission and distribution; electricity generation and distribution; propane gas distribution; mobile…
Office Address: United States International Development Finance Corporation; UNITED STATES INTERNATIONAL DEVELOPMENT FINANCE CORPORATION; OFFICE OF ACQUISITION; Washington, DC 20527. Description: United States International Development Finance Corporation. UNITED STATES INTERNATIONAL DEVELOPMENT FINANCE CORPORATION.
San Diego, CA—- 02/24/2021– An investigation on behalf of investors in shares of Shift Technologies, Inc. was announced over potential breaches of fiduciary duties by certain directors at Shift Technologies, Inc.. Investors who purchased shares of Shift Technologies, Inc. have certain options and should contact the Shareholders Foundation at…
San Diego, CA—- 02/24/2021– Zhongchao Inc. is under investigation over potential securities laws violations in connection with certain financial statements. Investors who purchased shares of Zhongchao Inc., have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1 779- 1554..
San Diego, CA—- 02/24/2021– An investigation on behalf of investors in shares of Tenneco Inc. was announced over potential breaches of fiduciary duties by certain officers and directors at Tenneco Inc.. Investors who purchased shares of Tenneco Inc. have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
The Strack Group, a venture capital firm founded by serial entrepreneur Peter Strack, announced today that Chris James has joined its Board of Advisors. His out-of-the-box, creative instinct adds another layer of depth to The Strack Group's Board of Advisors. “The Strack Group is selective yet bullish on investing in rapidly growing companies who have a demand…
Investors who are current long term investors in Citigroup Inc. shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1 779- 1554.. The investigation on behalf of current long term investors in Citigroup Inc. (NYSE: C stocks, concerns whether certain Citigroup Inc. (NYSE: C officers and…

Innovaccer Raises Series D at $1.3 Billion Valuation, Launches Innovaccer Health Cloud to Power the Future of Health
–Innovaccer Inc., a leading healthcare technology company, announced today that it has closed a new round of growth funding at a $1.3 billion post-money valuation, led by Tiger Global Management. Existing investors Steadview Capital, Dragoneer, B Capital Group, Mubadala Capital, and M12 participated in the round, as well as new investor OMERS Growth Equity.
WASHINGTON, Feb. 24– The Center for Responsible Lending issued the following news release on Feb. 23, 2021:. The Brookings Institution published a new report by Mike Calhoun, President at the Center for Responsible Lending, and Lewis Ranieri, Chairman and CEO of Raneiri Solutions LLC, that proposes administrative reforms of Fannie Mae and Freddie Mac that would…

Deere & Company Raises Dividend 18 percent
–The Deere& Company Board of Directors today increased the company’s quarterly dividend to$. 90 per share on common stock. The dividend is payable May 10, 2021, to stockholders of record on March 31, 2021. “The dividend increase is a reflection of Deere’s recent strong performance and it shows our confidence in the company’s future direction,” said John C. May,…

Consumers Get Relief from Rare Break in Bank Fees: Semiannual MoneyRates Survey
Checking account fees are reviewed semiannually with the newest research, Checking Account and ATM Fees: How to Save Money, showing the average monthly maintenance fee on checking accounts is down 44 cents since August, now $13.95. Even with the drop in monthly maintenance fees, the average still adds up to $167.40 per year The number of checking accounts that…
Feb. 24— A late-afternoon burst of buying on Wall Street helped reverse most of a stock market sell-off Tuesday, nudging the S&P 500 to its first gain after a five-day losing streak. Facebook, Disney, Netflix and other communications stocks helped drive the market's comeback. Tesla, which joined the S&P 500 at the end of last year, ended 2.2% lower after being down as…
Executives of the London- based bank said that they were exploring a sale of HSBC's remaining 150 branches in major cities across the U.S., including in and around New York City, Philadelphia, Washington, Miami, Los Angeles, San Francisco and Seattle. The franchise also includes two branches in the Buffalo area— one at HSBC's Depew service center at Dick Road and…
“This funding means more opportunities, more revitalization,” said Thilani Grubel, Bitwise vice president. The Series B financing is led by Kapor Capital, which also was involved in Bitwise's initial Series A funding, as well as JP Morgan Chase, Motley Fool Ventures and ProMedica. Bitwise has targeted Toledo, Ohio, for expansion, and will add physical space in…
American Express, in partnership with the National Trust for Historic Preservation, today announced “Backing Historic Small Restaurants,” a more than $1 million investment to preserve historic restaurants in the U.S. as they continue to navigate the pandemic and plan for recovery. This is the latest in a series of initiatives announced this month by American…
AgCarolina Farm Credit issued the following news release:. The all-cash patronage is being paid in the amount of over $28 million to the members of AgCarolina Farm Credit. “The strength of our agriculture and rural lending cooperative is reflected as we continue to put our profits in the pockets of our membership in the form of patronage returns,” said Dave Corum,…

InvestNext Raises Seed Round to Democratize Real Estate Investing
The seed round is led by Detroit Venture Partners and joined by Invest Detroit, Ludlow Ventures, and strategic customers who have become flagship partners for the startup. Those back-office inefficiencies are even more burdensome for independent syndicators, “said Kevin Heras, CEO and Co-founder of InvestNext. “Tens of thousands of investors already rely on…

Finitive Facilitates New Growth Capital for TRADE X, a Global B2B Automotive Trading Platform
The senior secured revolving line of credit of US $50 million, including an accordion to expand up to US $100 million, will help TRADE X expand its offering across the United States and Canada. A global asset management firm with over US $100 billion in assets under management provided the financing for the transaction. “Before TRADE X, global automotive trade was…
The University of Virginia issued the following news release:. In September, the University of Virginia's Board of Visitors endorsed several goals articulated by UVA's Racial Equity Task Force and requested that UVA leadership develop a plan for funding, implementing and measuring progress toward those goals. Board of Visitors member John Griffin…

3 Steps To Take Back Control Of Your Schedule
Planners spend their days meeting with clients, working on plans, educating themselves, keeping up with responses to calls and emails, marketing, and trying to find moments to gather their thoughts. The to-do list can feel overwhelming and unapproachable. But, it is possible to organize these tasks and take back control of your time.
Petal credit cards are issued by WebBank, Member FDIC. This new facility includes $100 million from Silicon Valley Bank, the bank of the world's most innovative companies and investors, and $26.6 million from Trinity Capital Inc., a leading provider of venture debt and equipment financing to growth-stage companies. “Silicon Valley Bank and Trinity Capital are…

CVC Credit supports further growth at Calibre Scientific with an incremental $57 million multicurrency credit facility
Calibre Scientific is owned by investment firm StoneCalibre. CVC Credit originally provided a $92 million multicurrency first lien credit facility for Calibre Scientific in June 2020. Headquartered in Los Angeles, California and founded in 2013, Calibre Scientific is a diversified global developer, manufacturer and distributor of consumable products…

Zelros Raises $11 Million in Series A Funding to Bring AI-Powered Responsible Insurance Distribution to North America
MONTREAL and PARIS, Feb. 24, 2021/ PRNewswire/– Zelros, the industry’s first AI-driven platform dedicated to advancing insurance distribution, today announced the successful close of an $11 Million Series A financing round, bringing the company’s total funding to date to $16.5 M. Silicon Valley- based BGV led the round with new participation from ISAI Cap…
GW& Wade, LLC, an independently managed financial advisory firm, is pleased to announce that Ryan Bartholomew, JD, LL.M has been named Principal. His integrated, holistic approach to wealth management has made him an excellent Principal to continue to successfully lead GW& Wade's expansion into the Washington D.C. and Northern Virginia markets.

Main Street Announces Second Quarter 2021 Regular Monthly Dividends
–Main Street Capital Corporation is pleased to announce that its Board of Directors declared regular monthly cash dividends of $0.205 per share for each of April, May and June 2021. Including all dividends declared to date, Main Street will have paid $30.83 per share in cumulative cash dividends since its October 2007 initial public offering at $15.00 per…

VersaBank Declares Dividends
-VersaBank today announced that a cash dividend in the amount of $0.025 per Common Share of the Bank has been declared for the quarter ending April 30, 2021, payable as of April 30, 2021, to shareholders of record at the close of business on April 2, 2021. VersaBank is a Canadian Schedule I chartered bank with a difference. In addition, leveraging its internally…

Ionis reports fourth quarter and full year 2020 financial results and recent business achievements
–Ionis Pharmaceuticals, Inc. today reported its financial results for the fourth quarter of 2020 and recent business highlights. Achieved 2020 financial guidance $729 million in total revenues, with half from marketed products $640 million of operating expenses on a non-GAAP basis and $901 million on a GAAP basis, reflecting investments in Ionis’ wholly…

Entergy Reports 2020 Financial Results, Initiates 2021 Earnings Guidance
–Entergy Corporation reported fourth quarter 2020 earnings per share of $1.93 on an as-reported basis and 71 cents on an adjusted basis. Montgomery County Power Station was placed in service on January 1, 2021, ahead of schedule. The 20 MW New Orleans Solar Station was placed in service. Entergy Louisiana completed the purchase of the Washington Parish Energy…

ISS and Glass Lewis Recommend that Shareholders Vote “FOR” the ORCC Special Meeting Proposals
–Owl Rock Capital Corporation announced today that leading independent proxy advisory firms, Institutional Shareholder Services and Glass Lewis& Co., recommend that the Company’s shareholders vote “FOR” the Company’s entry into an amended and restated investment advisory agreement between the Company and Owl Rock Capital Advisors LLC and a proposal to…

Crescent Point Announces 2020 Results and Reserves
-Crescent Point Energy Corp. is pleased to announce its operating and financial results for the year ended December 31, 2020. Achieved annual average production ahead of 2020 guidance with capital expenditures under budget. Reduced net debt by over $615 million in 2020, driven by an accretive disposition and excess cash flow generation. Enhanced…
As reported by The Verge, one year ago, a member of the community known as delaneydi argued that the stock price of video game retailer GameStop was underpriced. In an effort to punish short-sellers and take revenge on Wall Street for market manipulation, the community began buying massive amounts of stock in GameStop and several other organizations.
—Shares fell Wednesday in Asia as investors weighed the possibility that inflation might prompt central banks to adjust their ultra-low interest rate policies, despite reassurances from the chair of the Federal Reserve. Tokyo's Nikkei 225 shed 1.6% to 29,671.70. Hong Kong's government announced pandemic relief measures worth $15.4 billion to help the…
Interest rates have remained low for nearly a year due to COVID, which has fueled substantial mortgage refinance activity. However, as current political and economic factors evolve, Freddie Mac is reporting a fluctuation in rates.
2021 FEB 23– By a News Reporter-Staff News Editor at Insurance Daily News– Fresh data on environmental research and public health are presented in a new report. The news editors obtained a quote from the research from Jagiellonian University Medical College:“ This had significant adverse effects on equity in healthcare, which are still evident.

Results of Joint Special Meeting of Shareholders of Calvert Funds
–In connection with the proposed acquisition of Eaton Vance Corp. by Morgan Stanley announced on October 8, 2020, shareholders of the Calvert funds were asked to approve new investment advisory agreements and, where applicable, new investment sub-advisory agreements for the Funds at a joint special meeting of shareholders held on February 19, 2021.
Our news editors obtained a quote from the research from Korea University,“ In this article, we empirically test such conventional wisdom by analyzing and comparing six measures of financial vulnerability of emerging markets during two episodes of financial stress- global financial crisis and taper tantrum. Some Empirical Evidence. Emerging Markets…

Danaher Announces Quarterly Dividends
–Danaher Corporation announced today that its Board of Directors has approved a regular quarterly cash dividend of $0.21 per share of its common stock, payable on April 30, 2021 to holders of record on March 26, 2021. In addition, the Board of Directors has approved a quarterly cash dividend of $11.875 per share of its 4.75% Series A Mandatory Convertible…
Feb. 19— Centralia Police Department's K9 Pax has been awarded a “Healthcare for K9 Heroes” grant from Vested Interest in K9s, Inc. to cover annual insurance policy premiums. —Postville Police Department, Iowa, K9 Xena. —Buchanan County Sheriff's Office, Iowa, K9 Koda.
Mexican president says Mexico doing better than US on virus Puerto Rico rejects key deal with creditors to reduce debt Chinese loans to Latin America plunge as virus strains ties EU slaps sanctions on 19 more Venezuelan officials Wife of drug kingpin El Chapo arrested on US drug charges US unwinds Trump policy making asylum-seekers wait in Mexico Mexican…