As expected, the cut rates by 25 basis points, but the Fed’s positioning regarding future rate cuts caught the market off guard. Looking back, it was somewhat obvious. Earlier yesterday, I shared a video highlighting how analysts were expecting more rate cuts than what the Fed Funds Futures and overnight swaps markets were pricing in. Historically, in my experience, the FOMC aligns more closely with Fed Funds and swaps markets than with analysts’ expectations, so the analysts seemed overly optimistic. We may see fewer—or potentially no—rate cuts next year. The Fed swaps market is currently pricing in just one rate…
Author: user
In a recent filing with the Securities and Exchange Commission, CDW Corporation (NASDAQ:), a technology solutions provider with a market capitalization of $23 billion, announced amendments to its bylaws following a Board of Directors review. The changes, effective immediately as of Monday, align the bylaws with current Delaware law and modify the advance notice provisions for stockholder proposals and director nominations. The Vernon Hills, Illinois-based company, which operates in the retail-catalog and mail-order houses industry, detailed several key adjustments in its Amended and Restated Bylaws. Notably, the revisions are intended to clarify and, in some instances, lessen the disclosure obligations…
STOCKHOLM (Reuters) -Sweden’s central bank cut its key interest rate by a quarter percentage point to 2.50% as expected on Thursday, but said it now saw reasons to be more cautious about cutting rates in early 2025. Sweden’s economy has been treading water for the last two years after the Riksbank jacked up rates to fight surging inflation – which peaked at around 10% in late 2022. With price pressures now tamed, the central bank started cutting rates again in May, but households and businesses remain wary about spending. “If the outlook for inflation and economic activity remains unchanged, the…
The government last week asked the Ministry of Finance (MoF) to complete the government’s scheme on establishing and developing the carbon market in Vietnam in 2025. Quotas set limits on how much greenhouse gas facilities are allowed to emit, Photo: Shutterstock In October, the government mandated the MoF to work with the Ministry of Natural Resources and Environment (MoNRE), and relevant ministries to review legal documents on founding and operating a carbon credit market to be formulated as soon as possible. Under the latest draft, the market will contribute to reducing greenhouse gas (GHG) emissions under the country’s Nationally Determined…
BluSky Carbon (BSKCF) announces successful completion of certified laboratory testing for its Biochar production, confirming qualification for global carbon credit transactions. The testing validates the company’s production meets requirements for its $105 million AR1 offtake agreement and proposed $192 million AR2 Biochar project.The certification confirms the Biochar’s low contaminant levels and favorable hydrogen-to-carbon ratio, indicating high carbon density and stability. The company’s Vulcan Heavy equipment produces Biochar suitable for carbon credit transactions through marketplaces like NASDAQ partner PURO.Earth, where current pricing is approximately €160 (~$167 USD) per ton. BluSky Carbon (BSKCF) annuncia il completamento con successo dei test di laboratorio…
Image source: Getty Images The steady returns and growth potential that dividend stocks offer make them highly attractive for a second income. Whether to supplement a salary or build towards a retirement fund, they’re a key part of most income investing portfolios. Whenever the conversation turns to passive income ideas in the UK, the word dividends is usually not far off. They’re particularly popular at the moment as falling prices are pushing up yields. This means the FTSE 100 is awash with lucrative opportunities. One of my top income-generating investments is Phoenix Group (LSE: PHNX), accounting for almost 25% of…
By Stephanie van den Berg THE HAGUE -Human Rights Watch said on Thursday that Israel has killed thousands of Palestinians in Gaza by denying them clean water which it says legally amounts to acts of genocide and extermination. “This policy, inflicted as part of a mass killing of Palestinian civilians in Gaza, means Israeli authorities have committed the crime against humanity of extermination, which is ongoing. This policy also amounts to an ‘act of genocide’ under the Genocide Convention of 1948,” Human Rights Watch said in its report. Israel has repeatedly rejected any accusation of genocide, saying it has respected…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The Federal Reserve has spoken, and as far as investors are concerned, the message was clear – clearly hawkish. Now it’s over to the Bank of Japan and Bank of England, the two biggest and most important of the clutch of central bank policy decisions on Thursday. This recent burst of central bank meetings reaches its crescendo with decisions on Thursday also coming from Norway and Sweden, and more importantly from an Asian perspective, Taiwan and the Philippines. Investors in Asia go into Thursday on the…
This sale was conducted under a pre-established trading plan, adopted on March 13, 2024, as part of a Rule 10b5-1 plan, which allows insiders to set up a trading plan for selling stocks they own. Following this transaction, Maroney retains ownership of 1,636,097 shares in the company. With a market capitalization of $2.07 billion, InvestingPro analysis suggests ALHC is currently trading slightly below its Fair Value, while maintaining a “GOOD” overall financial health score. Subscribers to InvestingPro can access detailed insights through the comprehensive Pro Research Report, which provides in-depth analysis of ALHC alongside 1,400+ other US stocks. With a…
This sale was conducted under a pre-arranged trading plan established in March 2024, in accordance with Rule 10b5-1. Following this transaction, Llewelyn retains ownership of 98,702 shares in the company. While the company isn’t currently profitable, InvestingPro data shows analysts expect profitability this year, with 6 analysts recently revising earnings estimates upward. Get access to detailed analysis and 7 additional ProTips for HCAT through InvestingPro’s comprehensive research reports. While the company isn’t currently profitable, InvestingPro data shows analysts expect profitability this year, with 6 analysts recently revising earnings estimates upward. Get access to detailed analysis and 7 additional ProTips for…