Asset

Wingstop Funding returns for another global securitization

Wingstop Restaurants is tapping the capital markets for $450 million in a company-wide securitization transaction called Wingstop Funding 2022-1. The transaction partially refinances $50 million of the 2020-1, Class A-1 agreement. Morgan Stanley & Co. is the sole structuring adviser to the deal and solely responsible for bookkeeping, according to a pre-sale report from ratings […]

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Onsemi: achieved record annual and quarterly revenue, gross margin, profit and cash flow

PHOENIX – onsemi (the “Company”) (Nasdaq: ON) today announced its fourth quarter and fiscal 2021 results with the following highlights: Record annual turnover of $6.74 billion representing 28.3% year-over-year growth Record quarterly revenue of $1,846.1 millionand record GAAP and non-GAAP gross margins of 45.1% and 45.2%, respectively Record quarterly GAAP and non-GAAP operating margins of […]

Asset

Why Gold is an “Unproductive Asset”

When it comes to evaluating art, value, in addition to beauty, is often in the eye of the beholder. Say what you will about the aesthetic value of the large golden cube that artist Niclas Castello recently placed in Central Park, but it would undoubtedly fetch a pretty penny at auction. Two dozen gold pounds […]

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Omicron delays return to profits but impact subsides: Royal Caribbean

Reporting a bigger than expected loss in the fourth quarter – $4.78 per share on an adjusted basis from Wall Street expectations of $3.92 – Royal Caribbean said fourth quarter occupancy was 59%, or 65% on major routes. Total revenue per cruise-passenger day increased 10% from record highs in 2019, driven by strong onboard revenue. […]

Interest rates

Op-Ed: Housing Prices, Interest Rates and the Doctrine of Unaffordability Will Be Deadly for Future Generations

High prices and tight inventories have reduced the booming US housing market – Copyright AFP/File FREDERIC J. BROWN Sydney Australia is arguably the epitome of the massive rise in real estate prices around the world. The current theory is that house prices in Sydney are going up by $1100 per day. There is a very […]

Asset

How the asset freeze in Afghanistan hurts everyone

[ad_1] Afghan businessman Shoaib Barak struggles to pay his workers and suppliers, unable to access funds from a banking system crippled by the country’s assets frozen abroad.They, in turn, cannot pay their bills – and so the country’s economic woes reverberate and hurt everyone along an unbroken chain of misery.“I am very ashamed,” said Barak, […]

Asset

Poverty Impact: How Afghanistan’s Assets Freeze Hurts Everyone

[ad_1] KABUL: Afghan businessman Shoaib Barak is struggling to pay his workers and suppliers, unable to access funds from a banking system crippled by the country’s assets frozen abroad. They, in turn, cannot pay their bills – and so the country’s economic woes reverberate and hurt everyone along an unbroken chain of misery. “I am […]

Interest rates

How interest rates will temper stock values ​​in 2022

[ad_1] Stock markets are unlikely to continue their bullish run from last year into 2022, with investors looking for other opportunities as interest rates rise, according to the Wharton finance professor. Itay Goldstein. Federal Reserve officials last week projected at least three-quarters of a percentage point of rate hikes next year, signaling their concern over […]

Interest rates

Why would I buy banks when UK interest rates skyrocket

[ad_1] The Bank of England’s recent surprise move to increase UK interest rates at 0.25% sent reverberations in the financial sector. The first hike in three years is great news for lenders like Lloyds, Barclays, NatWest and Virgin money. UK interest rates start to rise Basically, the business model of a bank is relatively simple. […]

Asset

Crescendo Royalty Funding Launches $ 303 Million in ABS Music Royalties

[ad_1] Crescendo Royalty Funding will issue $ 303 million in asset-backed titles backed by song catalogs from a range of musicians, including Tim McGraw and The Who. The catalog consists of 52,729 songs. About 71% of net royalties come from songs over nine years old. The top 25 songs are heavily represented by accomplished musicians […]

Asset

Eventide Asset Management Announces Promotion of Anant Goel, Joy Ghosh and Andrew Singer to Portfolio Managers

[ad_1] BOSTON, December 10, 2021 / PRNewswire / – Eventide Asset Management is pleased to announce the promotion of Anant Goel, Joy Gosh, and Andrew singer in portfolio management roles within the company. The promotions will provide additional oversight for the positioning and strategy implementation of multiple Eventide funds in conjunction with Senior Portfolio Managers […]

Asset

Guaranteed rate floats $ 382.8 million in RMBS on prime mortgages

[ad_1] Guaranteed Rate Inc. is sponsoring a fixed rate first mortgage securitization through the RATE Mortgage Trust 2021-HB1, and this is the promoter’s first transaction where high balance compliant mortgages are underwritten at using an automated system designated by an agency represents 100% of the pool of guarantees. The Guaranteed Rate has issued four blue […]

Asset

Crypto-currencies: You have to distinguish between crypto as an asset and as a currency: CEA KV Subramanian

[ad_1] “If you take stock of, say, stocks, that company’s cash flow is what sustains those stocks. Take gold or commodities, there is an asset, unlike crypto, there is nothing. There is no asset supporting it and therefore the intrinsic volatility can be very high which also impacts the attractiveness of crypto as an asset […]

Asset

rbi: Industry organizations ask RBI to end daily loan asset classification standard

[ad_1] Leading industry bodies daily call for the Reserve Bank of India’s directive on the classification of loan assets by non-bank financial corporations (NBFCs) to be dropped as the rule could cripple the returning small and medium-sized segment. just back to normal after the impact of the Covid. Confederation of Indian Industries (CII) and Associated […]

Asset

Cash is a low-yielding asset but has other virtues

[ad_1] November 13, 2021 EVER Had the feeling that there is a party somewhere that you are not invited to? It’s the same feeling investors have when they have capital in three-month notes or on deposit with a bank. Money is a safe asset, but a waste. The real returns on risky assets have been […]

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Micron Technology: Stock Set To Rise As Profit Margins Rebound

[ad_1] The Broad Market Index was up 1.33% last week and only 27% of stocks outperformed the index. Get the complete Walter Schloss series in PDF Get the entire 10-part series on Walter Schloss as a PDF. Save it to your desktop, read it on your tablet, or email it to your colleagues. Letters, conferences […]

Interest rates

Is it time for FTBs to freeze interest rates?

[ad_1] On Thursday next week, the Bank of England’s monetary policy committee will decide whether interest rates will finally rise, after the record low of 0.1% in place since March 2020. Put simply, a rise in interest rates means that borrowing becomes more expensive for those who buy a property, whether they are buying for […]

Profit

How to profit from the $ 219 billion (and growing) DeFi industry

[ad_1] the-design_org / Pixabay The launch of Bitcoin was inevitable. Roger Ver even said that the Bitcoin ledger was the most important innovation after the internet. Get the complete series in PDF Get the entire 10-part series on Charlie Munger as a PDF. Save it to your desktop, read it on your tablet, or email […]

Interest rates

Main Factors Influencing Business Loan Interest Rates – Forbes Advisor INDIA

[ad_1] Business loans are an essential tool for entrepreneurs to manage and grow their businesses. This need is especially acute for small business owners, who do not have as much cash flow and access to capital as larger businesses. This is further complicated by the fact that micro, small and medium enterprises (MSMEs) in India […]

Asset

Home Partners Prepares Massive $ 2 Billion RMBS Issue

[ad_1] In the largest residential mortgage-backed securities (RMBS) issue in the platform’s recent memory, Home Partners of America 2021-2 Trust (HPA 2021-2) is preparing to raise $ 2.2 billion on the capital markets. According to Finsight, deal sizes ranged from $ 203 million in the 2020-1 HPA to $ 423 million under the 2018-1 deal. […]

Asset

Too little, too late? Tortuous restructuring of Evergrande, asset sales in focus after averted default

[ad_1] SINGAPORE / HONG KONG – Unless China Evergrande Group takes swift action for an orderly debt restructuring and accelerates asset sales, its last-minute bond interest payment this week will do little to bolster support for creditors to the developer, analysts and lawyers said. In an unexpected move, Evergrande wired an $ 83.5 million coupon […]

Asset

General Announcement:: PROPOSED ISSUE OF SECURITIES ENDED TO PRC ASSETS

[ad_1] ZHENENG JINJIANG ENVIRONMENT HOLDING COMPANY LIMITED ?? (Company registration number: 245144) (Incorporated in the Cayman Islands on September 8, 2010) PROPOSED ISSUE OF SECURITIES ASSET TO PRC ASSETS The board of directors (the “Board”) of Zheneng Jinjiang Environment Holding Company Limited (the “Company” and together with its subsidiaries, the “Group” is pleased to announce […]

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TCS Q2 PAT up 28.6% yoy to Rs 9,653cr on better profit traction across all verticals

[ad_1] TCS reported 16.77% growth in total revenue for the September 21 quarter on a consolidated basis to Rs46,867cr. On a sequential basis, revenue grew 3.21% more moderately from Rs45,411cr in the June 21 quarter. TCS has grown over 15% across all of its major verticals including BFSI, Manufacturing, Retail, CMT and Life Sciences. Major […]

Asset

OBX 2021-J3 Prepares $ 453.6 Million MBS

[ad_1] The OBX 2021-J3 Trust is preparing to issue a series of mortgage-backed securities backed by high-quality real estate loans to qualified borrowers, in a deal expected to close on October 8. With a principal balance of approximately $ 453.6 million, the collateral pool includes approximately 465 senior, fixed-rate and senior residential mortgages, according to […]

Asset

Truer exposure to asset-backed securities?

[ad_1] One of the problems with credit markets is classification conventions. If you look at the methodologies of sterling credit indices, you will see a lack of consistency between providers on bond and sector categorizations. Asset Backed Securities (ABS) reflect this perfectly. At RLAM, we make extensive use of covered bonds to improve returns or […]

Interest rates

Mortgage rates are rising – and signs indicate even bigger increases are coming

[ad_1] Mortgage rates are rising – and signs indicate even bigger increases are coming It’s inevitable, homeowners: the pandemic-fueled low mortgage rate party will come to an end. The economy is open, more than 2 million jobs have been created in the past three months, and COVID-19 relief programs are allowed to end and expire. […]

Interest rates

October 2021 student loan interest rates

[ad_1] Student loan rates are among the lowest we have seen in history right now. However, while the rates may seem attractive, there are still a few things to consider before taking out a student loan in this volatile economic climate. The interest rate for Federal Undergraduate Stafford loans issued between July 1, 2020 and […]

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ANNOUNCEMENT OF THE BENEFITS OF THE NNPC | THIS DAY

[ad_1] The announcement of corporate profits by the Presidency is curious A presidential statement recently claimed that the Nigerian National Petroleum Corporation (NNPC), for the first time in its 44-year history, achieved an after-tax profit (PAT) of 287 billion naira for the year 2020. Besides the fact as the declaration lacked clarity, it was strange […]

Profit

How to profit from surges in inflation

[ad_1] After the Great Recession, inflation remained low while the banking system recovered. For several years, inflation never exceeded 2%. But in recent months, inflation has made a comeback. President Biden has called the fight “transitory,” but many fear inflation is here to stay. Understanding inflation Inflation is the general rise in prices in an […]