NEW YORK, Nov 21 – New York City Comptroller Brad Lander told Reuters on Tuesday that Tesla’s board should sanction CEO Elon Musk if he does not apologize for approving a anti-Semitic comment on his social media platform Lander oversees approximately $946 million in Tesla stock for New York City’s public pension funds. This amount … Read more
Investment bank Morgan Stanley recommends corporate bond investors favor investment-grade, high-yielding bonds heading into next year, as a wave of maturities poses risk to a larger number of companies rated “junk”. Morgan Stanley said it believed the Federal Reserve was nearing the end of its rate-hiking cycle, and that a soft landing for the economy … Read more
New York (awp/afp) – The New York Stock Exchange was up slightly on Monday, at the start of a week truncated by a public holiday in the United States (Thanksgiving on Thursday), which promises to be calm in the absence indicators or major results. Around 3:20 p.m. GMT, the Dow Jones gained 0.18%, the Nasdaq … Read more
Issuance of securities backed by U.S. commercial real estate loans saw a rare rebound last quarter, but the sector’s woes are expected to persist through 2023, according to ratings agency DBRS Morningstar. The third quarter saw the issuance of approximately $3 billion in new collateralized loan obligations (CLOs) backed by CRE loans, according to a … Read more
The New York Stock Exchange was up slightly on Monday, at the start of a week truncated by a public holiday in the United States (Thanksgiving Thursday), which promises to be calm in the absence of major indicators or results. Around 3:20 p.m. GMT, the Dow Jones gained 0.18%, the Nasdaq index gained 0.51% and … Read more
Perdoceo Education Corporation, through its academic institutions, provides quality postsecondary education primarily online to a diverse student population, as well as on-campus and blended learning programs. The Company’s educational institutions include Colorado Technical University (CTU) and the American InterContinental University System (AIUS), which offers degree programs from bachelor’s to doctoral levels, as well as non-degree … Read more
Roots Corporation announced the appointment of Leslie Golts as Chief Marketing Officer (CMO). Leslie joins Roots bringing over 15 years of leadership in marketing and communications, with a distinguished career with some of the world’s most iconic beauty brands. Prior to joining Roots, Leslie was General Manager and Head of Marketing for the Beauty & … Read more
FRANKFURT (dpa-AFX) – The record race of many Dax groups temporarily came to an end in the third quarter: For the first time since the second quarter of 2020, hampered by the Corona pandemic, the stock market heavyweights had to record a decline in their turnover and profit, as calculated by the consulting firm EY. … Read more
UK lenders have accelerated price cuts on mortgages as competition heats up, inflation slows and markets increase bets on future interest rate cuts from the Bank of England (BoE ). Average fixed-rate mortgage rates have fallen more than 0.5 percentage points since peaking in July, according to Moneyfacts data, even before the BoE began cutting … Read more
Paris (awp/afp) – Thales has signed contracts with Emirates and Ethiopian Airlines to install its in-flight entertainment (IFE) system on board their planes, a key element of comfort for passengers highlighted by the companies, the French group announced on Wednesday. IFEs consist of a screen installed in the seat and associated digital services, such as … Read more