US stock futures pushed higher as investors brace for the results of the US presidential election, as votes have begun rolling in and will continue to over the next several hours. Near 9 p.m. ET, contracts on the tech-heavy Nasdaq 100 (NQ=F) rose 0.4%, while S&P 500 futures (ES=F) moved roughly 0.6% higher. Dow Jones Industrial Average futures (YM=F) were up about 0.7% on the heels of a winning day for stocks. Stocks finished Tuesday’s session solidly in the green as Americans flocked to the polls to decide whether Kamala Harris or Donald Trump will become the next president. Polls…
Author: user
Validation of Risk Management Models for Financial Institutions: Theory and Practice. 2023. Edited by David Lynch, Iftekhar Hasan, and Akhtar Siddique. Cambridge University Press. Because of their high leverage, financial institutions need to maintain a strong focus on risk modeling, both for sound firm management and as a regulatory necessity. Modeling of current and potential risks is critical to well-grounded financial decision making. Getting risk measures wrong can have dire financial consequences. Validation of Risk Management Models for Financial Institutions, through a set of thoughtful articles, describes how effective structuring and testing of the modeling techniques used in risk management…
Porsche is reviving the 911 Carrera T for 2025, and this version is exclusively available with a manual transmission. The automaker describes the Carrera T as “an excellent dance partner for winding roads,” appealing to driving enthusiasts who prefer a hands-on experience. This model is particularly popular among purists who appreciate the traditional driving feel that a manual provides. Porsche Taycan (via Porsche) The new Carrera T will come in both coupe and convertible styles. It features the same powerful 3.0-liter twin-turbo boxer engine as the standard 911 Carrera, producing 388 horsepower and 331 pound-feet of torque. With this engine,…
Access to this page has been denied because we believe you are using automation tools to browse the website. This may happen as a result of the following: Javascript is disabled or blocked by an extension (ad blockers for example) Your browser does not support cookies Please make sure that Javascript and cookies are enabled on your browser and that you are not blocking them from loading. Reference ID: #8529df9b-9bdc-11ef-bc80-2bf7d7af2a0d Source link
New York CNN — US stocks rallied Tuesday as Wall Street awaited the results of a closely contested presidential race. The Dow closed 425 points, or 1% higher; the S&P 500 gained 1.2%; and the tech-heavy Nasdaq climbed 1.4%, all underscoring investor optimism as Americans cast their ballots. Market futures continued their upward ascent in after-hours trading, with all three major indexes rising more than 1.2%. “The market appears to be in an anticipatory relief rally now that the election is here,” said Louis Navellier of Navellier & Associates in a note to investors Tuesday. “While it’s still anyone’s call…
When deciding on a color scheme for his new Charger build, Mopar enthusiast Ed Ganziotti had one firm requirement: “You can paint it any color you want … but it can’t be green! That’s the only thing I don’t want,” the determined owner declared. Receiving Ed’s strict instruction was Noah Alexander, owner of the world-renowned Classic Car Studio (CCS) in St. Louis, Missouri, and the person responsible for the Charger’s “restification.” Noah recalls their initial encounter: “We first met Ed in the checkout line at Barrett Jackson a few years before he sent us the car. He told us about…
In a recent move, Control Empresarial de Capitales S.A. de C.V., a significant shareholder in PBF Energy Inc. (NYSE:), acquired 150,000 shares of the company’s Class A common stock. The purchase, made on November 1, 2024, was executed at a weighted average price of $28.66 per share, with prices ranging from $28.54 to $28.75. This transaction amounts to a total value of approximately $4.3 million. Following this acquisition, Control Empresarial de Capitales now holds a total of 26,112,498 shares in PBF Energy. The Slim Family, beneficiaries of a trust owning all voting equity securities of Control Empresarial, may be deemed…
The Jerrari is a fascinating vehicle that combines the ruggedness of a 1977 Jeep Wagoneer with the powerful engine of a Ferrari 365. This unusual mashup was created by Bill Harrah, a prominent American businessman and car collector known for his extensive automotive collection, including two Jerraris. Harrah wanted to improve the performance of the Jeep, which originally had a 5.9L AMC V8 engine. He envisioned replacing it with a more powerful 4.4L Ferrari V8 engine, along with a five-speed manual transmission. After reaching out to Enzo Ferrari for a 4×4 version of the iconic sports car and being turned…
The majority of classic car enthusiasts are resisting the shift towards electric conversions, despite growing calls for more eco-friendly options in motoring. Recent studies reveal that 82 percent of classic car owners are unwilling to electrify their historic vehicles, with many citing a strong desire to preserve automotive heritage. Around 65 percent of owners feel that stricter electric vehicle regulations pose a threat to the long-term future of classic car ownership. A survey of over 800 classic car owners found that most believe converting their vehicles would “significantly compromise” both the historical authenticity and the distinctive charm of their cars.…
REGINA, Saskatchewan, Nov. 05, 2024 (GLOBE NEWSWIRE) — The Board of Directors of Information Services (NASDAQ:) Corporation (TSX:ISV) (ISC or the Company) today declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share (“Class A Share”). The dividend will be paid on or before January 15, 2025 to shareholders of record as of December 31, 2024. The dividend has been designated as an eligible dividend pursuant to the Income Tax Act. An eligible dividend paid to a Canadian resident is entitled to the enhanced dividend tax credit. For further information on tax implications, please consult a tax…