In this article ETH.CM= Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | LightRocket | Getty Images Not six months ago, ether led a recovery in cryptocurrency prices ahead of a big tech upgrade that would make something called “staking” available to crypto investors. Most people have hardly wrapped their heads around the concept, but
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Municipals were weaker Friday ahead of next week’s heavier new-issue calendar. U.S. Treasury yields rose and equities were mixed. Triple-A benchmark yields were cut up to five basis points, depending on the scale, while U.S. Treasury yields rose three to eight basis points, pushing the two-year UST above 4.50%. The three-year muni-UST ratio was at
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In this modern era, many technological advancements have long moved past utilitarian purposes and are instead designed for convenience and comfort. But with the onset of stay-at-home orders and social distancing in the early days of the pandemic, what was merely convenient suddenly became essential and contactless technologies became commonplace. Although made necessary by the
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Municipals were mixed Thursday as inflows into muni mutual funds returned, while U.S. Treasuries were weaker, and equities ended down. The three-year muni-UST ratio was at 53%, the five-year at 54%, the 10-year at 60% and the 30-year at 87%, according to Refinitiv MMD’s 3 p.m. ET read. ICE Data Services had the three at
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Citigroup was dropped Thursday from an upcoming $3.4 billion Texas bond sale after being recently barred from underwriting government debt in the state. The Texas Natural Gas Securitization Finance Corporation board reconstituted the deal’s underwriting syndicate, removing Citigroup as a co-manager. Last month, the Texas Attorney General’s Office announced it will no longer approve any
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Nelson Peltz has called off his fight against Walt Disney a day after the company unveiled a restructuring plan involving the loss of 7,000 jobs, ending one of the biggest corporate battles in recent years. The end of the activist investor’s push removes a distraction for chief executive Bob Iger, who is seeking to steer
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choja | E+ | Getty Images The solar technology company Nextracker priced its initial public offering just above its stated $20 to $23 per share range, people with knowledge of the transaction told CNBC. The order book for Fremont, California-based Nextracker was “well subscribed,” meaning demand allowed the company to exceed expectations on pricing, sources
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