Take a look at some of the biggest movers in the premarket: Verizon (VZ) – Verizon reported quarterly earnings of $1.31 per share, 2 cents a share above estimates. Revenue also beat analysts’ forecasts. Verizon lost more wireless subscribers during the quarter than analysts had been anticipating. Welbilt (WBT) – Welbilt shares surged 14.8% in
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Adam oversees ArborCrowd’s corporate growth strategies including business development, digital technology and sales initiatives. The Covid-19 pandemic took the economy on a wild ride in 2020, and this is projected to persist well into 2021 as the gradual rollout of vaccinations continues across the U.S. The real estate market was also impacted with many operators having
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The University of Arizona is pricing $230 million of taxable and tax-exempt revenue bonds for new facilities as it continues to recover from effects of the COVID-19 pandemic. Pricing began Wednesday and will be completed Thursday through negotiation with book runner JPMorgan with Citigroup as co-senior manager. RBC Capital Markets is financial advisor, led by
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They’ll tell us that the inflation is ‘temporary’ and ‘transitory’, and not to worry because they’re still in control of… by Simon Black of Sovereign Man In the year 215 AD, the young Roman Emperor Caracalla, then just 27 years of age, decided to ‘fix’ Rome’s perennial inflation problem by minting a brand new coin.
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American depositary shares (ADS) come into play when a foreign company wants its shares to trade on a major American exchange as U.S. dollar-denominated equity. Securities laws prevent foreign corporations that have shares trading in a foreign market to directly list their shares on U.S. stock exchanges (exceptions do occur, such as for Canadian companies). How ADS and
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All of the fixed-income industry’s worst long-term performers recorded gains over all time horizons, with only one in the red so far in 2021. The 20 worst-performing bond funds of the past 15 years, with at least $100 million in assets under management, notched an average gain of nearly 1.5%, Morningstar Direct data show. Over
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Mario Draghi will next week unveil a €221bn recovery package for a radical restructuring of Italy’s economy as it seeks to bounce back from its deepest recession since the second world war. The plan, which features big-ticket investments in high-speed rail and green energy, as well fully digitalising the country’s public administration, will draw on
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Rogers Communications’ revenue and profit increased in its first quarter as its cable and media operations saw improvements.  Rogers Communications’ (RCI.B) total revenue came in at C$3.49 billion in the quarter ended March 31, an increase of 2% from the first quarter of 2020. Cable and media revenue grew by 5% and 7%, respectively, in the quarter.  There was an increase of 44,000 net wireless postpaid customers while 56,000 prepaid subscribers were lost
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