Month: July 2020

After months of speculation and daily talks with interested buyers, Orion Advisor Services isn’t being sold after all. TA Associates, Orion’s private equity owner since 2015, is instead partnering with Genstar Capital to reinvest in Orion and merge it with Brinker Capital, an investment management company serving advisors at insurance firms and independent broker-dealers. With
0 Comments
Tourists pass by a homeless man sitting on Hollywood Blvd, Hollywood, California on June 12, 2020. Mark Ralston | AFP | Getty Images Eviction moratoriums nationwide are set to expire later this month, potentially thrusting tens of thousands of people into a housing crisis.  Congress in March passed a federal mandate prohibiting evictions or foreclosures
0 Comments
Just as the rewards of central-bank bubbles have not been evenly distributed, the pain created by the collapse of the bubbles won’t be evenly distributed…  by Charles Hugh Smith via Of Two Minds Just as the rewards of central-bank bubbles have not been evenly distributed, the pain created by the collapse of the bubbles won’t
0 Comments
Sanofi (SNYNF) and Regeneron Pharma (REGN) have announced that the US Phase 3 trial of Kevzara (sarilumab) 400 mg in COVID-19 patients requiring mechanical ventilation did not meet its primary and key secondary endpoints when Kevzara was added to best supportive care compared to placebo. Minor positive trends were observed- but these trends did not reach statistical significance and
0 Comments
by Dr. Eowyn And to Hell goes America in the proverbial handbasket. Christine Rouselle reports for Catholic News Agency, July 2, 2020, that the city of Somerville, Massachusetts, has broadened its definition of domestic partnership to give polyamorous relationships the same rights as a married couple. The original draft of the city ordinance specified that a domestic
0 Comments
Results for the second quarter of 2020 show tremendous growth for decentralized applications across all ecosystems, primarily spearheaded by Ethereum (ETH) decentralized finance, or DeFi. Decentralized exchanges were at the frontlines of the rise as Compound token mining activity trickled down to on-chain swapping solutions. According to Our Network, Curve was one of the biggest
0 Comments
Investopedia publishes unbiased product reviews; our opinions are our own and are not influenced by payment we receive from advertisers. Learn more about how we review products and read our advertiser disclosure for how we make money. Figo may be a new player on the pet insurance scene, but this company is growing in popularity for its affordable pet
0 Comments
Wirecard’s former second-in-command Jan Marsalek did not enter the Philippines even though immigration records indicated he passed through last week, according to the country’s justice secretary. “We have established that Jan Marsalek did not arrive in the Philippines on June 23 based on CCTV footage, airline manifests, and other records,” Menardo Guevarra told the Financial
0 Comments
2-8a Rutland Gate in Knightsbridge was bought by a Hong Kong investor for $264 million Beauchamp Estates London’s prime housing market is seeing strong interest from Hong Kong and mainland Chinese buyers, with real estate agents reporting above-average levels of investment. London-based estate agency Beauchamp Estates reports that over the past 6 months it has sold
0 Comments
Signage stands outside the Freddie Mac headquarters in McLean, Virginia, U.S., on Monday, May 11, 2020. Andrew Harrer | Bloomberg | Getty Images The number of borrowers in government and private sector coronavirus-related mortgage bailouts just fell by the largest weekly volume since these plans were put in place. There are, however, warning signs that
0 Comments
Take a look at some of the biggest movers in the premarket: McDonald’s (MCD) – McDonald’s halted further reopenings of dine-in service at its restaurants, postponing them by three weeks due to a rise in Covid-19 cases. Restaurants, where dine-in service had already resumed, will be allowed to continue offering it if their local jurisdictions
0 Comments
Photo by Flickr.com | CC BY | Photoshopped From Birch Gold Group In a recent disclosure to Congress, the Fed revealed that it just purchased $429 million in bonds from 86 corporations. They did this through something called a Secondary Market Corporate Credit Facility (SMCCF). Buried on the Fed’s website, the press release explains the intention behind this purchase of bonds: The SMCCF will
0 Comments
Revenue vs. Income: An Overview Revenue is the total amount of income generated by the sale of goods or services related to the company’s primary operations. Revenue, also known as gross sales, is often referred to as the “top line” because it sits at the top of the income statement. Income, or net income, is a company’s total earnings or profit. When investors and analysts
0 Comments
The executive behind a €2bn bet to create the biggest independent television producer outside America has insisted the debt-heavy takeover makes “even more sense” after coronavirus, giving it the scale to compete with the biggest studios in the streaming era. Marco Bassetti, chief executive of French entertainment group Banijay, said the deal with Endemol Shine
0 Comments