MARKETWATCH reports: The yield on the benchmark 10-year Treasury TMUBMUSD10Y, 1.751% rose as high as 1.78% on Tuesday, the highest level since Jan. 2020. Prices move in the opposite direction to yields. There wasn’t any obvious new catalyst for the move, which comes on the final day of the quarter and ahead of fresh U.S. jobs...
THE ATLANTIC writes: When a big jet airplane crashes, it almost always makes headlines around the world, and for good reason: Fatal passenger accidents are extremely rare. Right now, though, the eyes of the world are on the Ever Given, the massive container ship still stubbornly lodged between the banks of the Suez Canal. The Ever...
The edited screen grab below is sourced from MarketWatch: Now read this: “Silver expected to rise as gold bottoms“. And this: “Yield curve control: bubbles and stagnation“. The post Sliding doors: Oil down 6.5% appeared first on The Loadstar. ...
PRESS RELEASE XPO Logistics Unveils GXO as New Company Name for Planned Spin-off of Logistics Business Press Release | Greenwich, Conn. | March 18, 2021 Files confidential initial Form 10 registration statement XPO Logistics, Inc. (NYSE: XPO), a leading global provider of supply chain solutions, today announced the identity of the new company that has...
PRESS RELEASE – Acquisition significantly strengthens Hapag-Lloyd´s position in the African market – Customers to benefit from an even denser network Today, Hapag-Lloyd and NileDutch have signed a sale and purchase agreement where Hapag-Lloyd acquires all shares of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch). With over 40 years of expertise,...
SEEKING ALPHA reports: – One of the hottest growth areas on Wall Street, special-purpose acquisition companies, is becoming a target for short sellers, WSJ reports. In fact, the dollar value of bearish bets against shares of SPACs has more than tripled to about $2.7B from $724M at the start of the year, according to...
IDENTITY ELEMENT writes: In the period leading up to the 1990s, sound business models were predicated upon deploying capital to produce assets which in turn generated more capital; in essence, to generate a dividend. Homeowners who rent their properties out have deployed capital for accumulating a return on this investment via rent...
SEEKING ALPHA reports: – South Korean e-commerce giant Coupang (CPNG) is indicated to open at $59-$62/share in an IPO after pricing at $35/share last night. – Coupang is raising about $4.6b for a market valuation of about $60b based on the IPO pricing last night. – Coupang, which many view as South Korea’s answer to...
SEEKING ALPHA reports: – WTI crude oil (CL1:COM) has jumped nearly 5% to $63.90 per barrel as headlines out of the OPEC+ meeting hit. – Brent crude (CO1:COM) +5% to $67.29/bbl and WTI +4.9% to $64.28/bbl after OPEC and its partners decided to roll over its current production cuts for another month. The full post is here (sub/reg may be required). Now you may...
PRESS RELEASE Vincent Clerc discusses supply chain disruption at the JOC TPM annual industry event Digitization, integrated solutions, decarbonization will define the future of supply chains Copenhagen, Denmark – 2 March 2021 – Vincent Clerc, A.P. Moller-Maersk’s CEO of Ocean & Logistics spoke at the JOC Transpacific Maritime Conference – North America’s largest (virtual)...
