Thank you, Sara, and thank you all for joining our call to discuss ARMOUR's second quarter 2021 results. This morning, I'm joined by ARMOUR's co-CEOs, Scott Ulm and Jeff Zimmer; Mark Gruber, our CIO, is also with us this morning.
The Bank of Japan (BOJ) must tread cautiously in raising interest rates, as some indicators of inflation expectations remain short of its 2% target, the International Monetary Fund's Japan mission chief Nada Choueiri said on Friday. Choueiri told Reuters that a weak yen had a net-positive impact on Japan's economic growth, and signaled the IMF's preference for the country to allow exchange rates to move flexibly.
Short sellers have been raking it in over the last 30 days as receding bets of an early interest rate cut by the U.S. Federal Reserve triggered a selloff in the equity market. Traders have made a mark-to-market profit of more than $25 billion up to Thursday from covering their short positions, said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, more than erasing their $14.8 billion in losses so far this year. The current weakness in the market allows them to cover a portion of those heavy losses.
Hedge fund manager Butler Hall Capital said on Friday it is urging Vanda Pharmaceuticals to form an independent special committee to engage with Future Pak over its takeover offer and run a full sales process. On April 17, Vanda rejected a takeover proposal from Future Pak and adopted a shareholder rights plan to reduce the likelihood of a hostile takeover. Vanda had said Future Pak, a privately held contract manufacturer and packager of pharmaceutical products, had made an offer of $7.25 to $7.75 per share in cash, which significantly undervalued the company and was not in the shareholders' best interest.
The central question clouding Ryan Garcia's fight with Devin Haney is whether Garcia should really be put into a professional boxing match right now?
HOUSTON, April 19, 2024--Bilateral Chamber, a leading organization at the forefront of global commerce, hosted His Excellency Mohammed Shyaa Sabbar Al-Sudani, Prime Minister of the Republic of Iraq and his delegation yesterday in Houston, Texas. The Iraqi Prime Minister was accompanied by Iraq’s Minister of Oil Hayyan Abdul Ghani, Iraq’s Minister of Planning Dr. Muhammad Ali Tamim, and a delegation of Iraq’s business leaders who met with their U.S. counterparts.
The University of Iowa college basketball star Caitlin Clark entered the WNBA draft and was picked up as the number one overall pick by the Indiana Fever. Clark led the Iowa Hawkeyes through the March Madness tournament all the way to the finals, ultimately losing to South Carolina. Clark's rookie contract of $338,056 over the next four years further illustrates the monumental pay disparities between men's and women's professional sports. Yahoo Finance's Seana Smith joins Wealth! to compare Clark's rookie compensation package with that of her male counterparts, including the number one NBA draft pick Victor Wembanyama who will be paid a whopping $12 million for his first year in the league. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Luke Carberry Mogan.
Fort Lupton, April 19, 2024 (GLOBE NEWSWIRE) -- Fort Lupton, Colorado - Silverline Structures is leading the way in reshaping the personal workspace sector through its innovative use of cold formed metal building technology. This cutting-edge approach offers a compelling alternative to traditional construction methods, establishing a new benchmark for efficiency, durability, and fiscal prudence. By concentrating on cold formed metal building, Silverline Structures can meet a wide array of client
Oil prices (BZ=F, CL=F) are on the move on Friday after Israel launched a retaliatory strike against Iran. In addition, national gas prices have begun to move higher with northeastern states potentially feeling more pain at the pump due to late adaptation of summer-blend gas. Yahoo Finance Reporter Ines Ferré joins Wealth! to break down the price movements in oil and what consumers can expect moving forward. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
SANTA CLARA, Calif., April 19, 2024--Versa Networks, the global leader in AI/ML-powered Unified Secure Access Service Edge (SASE) and Software Defined WAN (SD-WAN), today announced it is recognized in the Gartner Magic Quadrant for Security Service Edge (SSE) which will help buyers evaluate 10 key vendors, ideally in the context of a SASE strategy and long before contracts are due for renewal. Versa is one of only three SASE vendors to be recognized in Gartner Magic Quadrants for Single-Vendor S
Polen Capital, an investment management company, released its “Polen Global Growth Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund increased 8.10% gross and 7.81% net, respectively, trailing the MSCI ACW Index’s 8.20% return. The market dynamics that were in place at the end […]
The zoo has been given the all-clear after police said it appears to be a ‘false call’
NEW YORK, April 19, 2024--Indo Count announces its strategic acquisition of the international home fashions brand WAMSUTTA from Beyond, Inc. (NYSE: BYON).
When I was at the Home Office as their independent adviser on ending violence against women and girls, I saw how truly dangerous the internet could be to women and girls. From cyber-flashing (the practice of sending an unsolicited sexual image) to revenge porn, women in their hundreds and thousands told us via a consultation that they needed our help to end the abuse they were facing. Both cyber-flashing and revenge porn are now crimes, yet there is still more to do.
Super Micro Computer flashed a sell signal in the stock market today after the AI bellwether crashed through a key support level.
The Naval Communication Market Size was valued at USD 4.3 Billion in 2023 and the worldwide Naval Communication Market is Expected to reach USD 5.5 Billion by 2033, according to a research report published by Spherical Insights & Consulting. Companies covered: Acorn Science & Innovation, Inc., Airbus SAS, AIRtec Inc., Anduril Industries, Inc., Atlas Elektronik GmbH, BAE Systems, Bombardier Inc., Elbit Systems Ltd., General Dynamics Corporation, Hanwha Systems Co., Ltd., Harris Corporation, Hunti
The Mark and Maureen Angelo Family Endowment Fund empowers undergraduates to excel and gain additional financial support while pursuing paid or unpaid internships. The Mark and Maureen Angelo Family Endowment Fund empowers undergraduates to excel and gain additional financial support while pursuing paid or unpaid internships Architecture student Nicole Daitschman, left, and Juan Fernando Flechas Beltran, a biomedical engineering major, received support for their internships through the Angelo Fa
CEDARHURST, N.Y., April 19, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today that it will report its financial results for the period ended March 31, 2024, on Tuesday, May 7, 2024, after market close. Webcast and Call Informatio
Guangzhou, April 19, 2024 (GLOBE NEWSWIRE) -- On April 13rd, the inaugural Guangzhou One Pengrui International Contemporary Art Exhibition commenced with grandeur, marking the Chinese premiere of Jeff Koons’ masterpiece sculpture “Sacred Heart.” Jeff Koons - One of the World’s Most Influential Artists of the 20th Century Renowned as the most influential artists since the 20th century, Jeff Koons has repeatedly set global auction records. In 2019, his work “Rabbit” fetched $91.07 million at Chris
Social media platform Reddit soared more than 120% from its IPO price. Following the IPO, is Reddit stock a buy in today's market?
AI chip stock Arm Holdings surged more than 152% past a recent buy point. Following that advance, is Arm stock a buy in today's stock market?
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