The Renaissance Capital IPO ETF (IPO), a basket of the 60 or so largest IPOs in the last two years, is up 64% year-to-date.
Archiv für den Monat: September 2020
The easy money has been made from the rally, PNC’s Amanda Agati says
PNC Financial’s Amanda Agati questions the stamina of the record market rally.
Quicken Loans parent swings to profit in first results since IPO
Rocket Companies, the parent of mortgage lender Quicken Loans, swung to a quarterly profit in its first results as a public company on Wednesday, driven by higher borrowings on the back of lower interest rates.
US August Challenger layoffs 116k vs 263k prior
Latest data released by Challenger, Gray, and Christmas Inc
– 263k
Job cuts by US-based employers fell in August compared to July, but the cumulative count this year sees total layoffs hit 1.963 million – surpassing the previous annual all-time high in 2001 of 1.957 million layoffs.
– 263k
Job cuts by US-based employers fell in August compared to July, but the cumulative count this year sees total layoffs hit 1.963 million – surpassing the previous annual all-time high in 2001 of 1.957 million layoffs.
Schumer: GOP stimulus proposal is completely inadequate
Says that GOP are moving even further in the wrong direction
The battle rages on between US lawmakers on the coronavirus relief plan and Schumer’s remarks above are pretty much the same as what we have heard for over a month now. The clock is ticking as we move further down the fiscal cliff, as time
The battle rages on between US lawmakers on the coronavirus relief plan and Schumer’s remarks above are pretty much the same as what we have heard for over a month now. The clock is ticking as we move further down the fiscal cliff, as time
JP Morgan: There is about a one-third chance of a no-deal Brexit happening
JP Morgan analyst, Malcolm Barr, remarks in a research note to clients
The firm says that it would be a surprise if there was enough progress made to bring about an agreement by the end of October, though chances of a no-deal Brexit materialising is about one third in their view:
The firm says that it would be a surprise if there was enough progress made to bring about an agreement by the end of October, though chances of a no-deal Brexit materialising is about one third in their view:
Dollar maintains its advance on the session
The dollar is higher once again going into North American trading
The greenback is trading to fresh highs against the yen, pound, loonie, aussie and kiwi as we start to gear towards the US session later today.
The greenback is trading to fresh highs against the yen, pound, loonie, aussie and kiwi as we start to gear towards the US session later today.
Thailand reports first locally transmitted coronavirus case since late May
Thailand sees its first locally transmitted case after 100 days
The new case was confirmed to be an inmate of a prison in Bangkok, shortly after the incarceration took place. The patient’s history showed that he had stayed with his family before being lodged in jail, raising fears that there is a wider spread of the
The new case was confirmed to be an inmate of a prison in Bangkok, shortly after the incarceration took place. The patient’s history showed that he had stayed with his family before being lodged in jail, raising fears that there is a wider spread of the