Financial crises

Black Friday Headphones Deals (2020) Compared by Save Bubble

Retrieved on: 
Thursday, November 5, 2020
Online Retail, Retail, Audio, Video, Consumer electronics, Technology, Retailing, Retailers, Telecommunications engineering, Financial crises, Walmart, Headphones, Bluetooth, Economic bubble

We recommend checking Walmarts Black Friday sale and Amazons latest Black Friday-worthy deals for thousands more live savings right now.

Key Points: 
  • We recommend checking Walmarts Black Friday sale and Amazons latest Black Friday-worthy deals for thousands more live savings right now.
  • Save Bubble earns commissions from purchases made using the links provided.
  • This healthy competition gives consumers the freedom and versatility to choose which wireless headphones or Bluetooth headphones suit them best.
  • About Save Bubble: Save Bubble round-up the latest online sales news.

Home Prices Post Another 15% Gain

Retrieved on: 
Friday, October 23, 2020
Economic history, Presidency of George W. Bush, Economy, Energy crisis, In economics, Articles, Financial crises, Pricing

In the week ending October 18, home prices were up 16% from the same week a year earlier.

Key Points: 
  • In the week ending October 18, home prices were up 16% from the same week a year earlier.
  • Below are other key housing market takeaways for 434 U.S. metro areas during the 4-week period ending October 18.
  • Since the four-week period ending July 5, home prices have increased 6.8%.
  • Over that same period in 2018 and 2019, prices declined an average of 4.4%.

Are Apartment Rents a Hedge Against Inflation?

Retrieved on: 
Thursday, October 22, 2020
Inflation, Articles, Academic disciplines, Economics, Financial crises

It has revived other programs from the Great Recession and introduced new ones to support liquidity in credit markets.

Key Points: 
  • It has revived other programs from the Great Recession and introduced new ones to support liquidity in credit markets.
  • In this fourth report since the onset of the pandemic, Patrick looks at historical data to understand how apartment rents might fare in a high inflation scenario.
  • Historical data on rents from the last period of high inflation indicate that apartments can be an effective hedge against inflation.
  • Since 2004, Middleburg has acquired and developed more than 20,000 apartment units, executing approximately $2.5 billion in transactions.

WD-40 Company Reports Fourth Quarter and Fiscal Year 2020 Financial Results

Retrieved on: 
Tuesday, October 20, 2020
BlackBerry Limited, Companies, Economic impact of the COVID-19 pandemic, Economy of Canada, Financial crises

Net sales of maintenance products, which are considered the primary growth focus for the Company, increased 4 percent in the fourth quarter when compared to the prior year fiscal quarter.

Key Points: 
  • Net sales of maintenance products, which are considered the primary growth focus for the Company, increased 4 percent in the fourth quarter when compared to the prior year fiscal quarter.
  • Net sales of homecare and cleaning products increased by 15 percent in the fourth quarter when compared to the prior year fiscal quarter.
  • On April 8, 2020, the Company elected to suspend repurchases under this share buy-back plan which subsequently expired on August 31, 2020.
  • Therefore, no repurchase transactions were made between April 8, 2020 and August 31, 2020.

New Study to Unpack the Unequal Lending Practices Behind the Widening Student Racial Wealth Gap

Retrieved on: 
Tuesday, September 29, 2020
Money, Finance, Loans, Economy, Debt, Student debt, Student loan, Financial crises, Race in the United States, Student loans in the United States

The mixed-methods research project, Understanding Borrowing & Default: A Closer Look at Outcomes for Black Student Loan Borrowers, is funded by a grant from the Lumina Foundation.

Key Points: 
  • The mixed-methods research project, Understanding Borrowing & Default: A Closer Look at Outcomes for Black Student Loan Borrowers, is funded by a grant from the Lumina Foundation.
  • The racial wealth gap, discrimination in the labor market, lower funding for institutions that serve higher numbers of students of color and other factors are systemic barriers to a debt-free education.
  • Thus, student loan debt is both a product of the racial wealth gap while simultaneously fueling its growth.
  • This study will differ from most previous research because of its focus on Black borrowers who attend HBCUs.

PIMCO Adds Economist and Central Banker Mark Carney to its Global Advisory Board

Retrieved on: 
Wednesday, September 16, 2020
Money, Economy, Finance, Systemic risk, Financial risk, Financial regulation, International finance institutions, Financial crises, Ben Bernanke, Financial Stability Board, PIMCO, European Systemic Risk Board

The Board provides PIMCO investment professionals with insights on global economic, political, and strategic developments and their relevance for financial markets.

Key Points: 
  • The Board provides PIMCO investment professionals with insights on global economic, political, and strategic developments and their relevance for financial markets.
  • Former Federal Reserve Chairman Ben Bernanke is the Chair of the Board, which is comprised of seven members including Mr. Carney.
  • In addition, he served as Chair of the Financial Stability Board (FSB) from 2011 to 2018, and First Vice-Chair of the European Systemic Risk Board.
  • PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.

MIND Technology, Inc. Reports Fiscal 2021 Second Quarter Results

Retrieved on: 
Monday, September 14, 2020
Economic impact of the COVID-19 pandemic, Presidency of Barack Obama, United States, Financial crises

Revenues from continuing operations for the second quarter of fiscal 2021 were $5.1 million compared to $3.2 million in the first quarter of fiscal 2021 and $6.8 million in the second quarter of fiscal 2020.

Key Points: 
  • Revenues from continuing operations for the second quarter of fiscal 2021 were $5.1 million compared to $3.2 million in the first quarter of fiscal 2021 and $6.8 million in the second quarter of fiscal 2020.
  • The loss from continuing operations for the second quarter of fiscal 2021 was approximately $1.9 million, compared to $1.5 million in the second quarter of fiscal 2020.
  • The Company reported a net loss per share from continuing operations of $(0.20) in the second quarter of fiscal 2021 compared to $(0.16) in the second quarter of fiscal 2020.
  • Adjusted EBITDA from continuing operations for the second quarter of fiscal 2021 was a loss of $1.5 million compared to a loss of $694,000 in the second quarter of fiscal 2020.

Transformation of Heidelberg already showing effects in first quarter of 2020/2021

Retrieved on: 
Thursday, August 13, 2020
Financial crises

Consequently, the net result after taxes in the quarter was positive, at 5million (previous year: -31million).

Key Points: 
  • Consequently, the net result after taxes in the quarter was positive, at 5million (previous year: -31million).
  • Given that net financial debt has been reduced to 122million (previous year: 391million), Heidelberg is in a financially stable position.
  • The consistent implementation of our transformation program is helping us maintain a stable course through the crisis.
  • Clear signs of recovery from the effects of the COVID-19 pandemic emerged in the final month of the quarter under review.

Transformation of Heidelberg already showing effects in first quarter of 2020/2021

Retrieved on: 
Thursday, August 13, 2020
Financial crises

Consequently, the net result after taxes in the quarter was positive, at 5million (previous year: -31million).

Key Points: 
  • Consequently, the net result after taxes in the quarter was positive, at 5million (previous year: -31million).
  • Given that net financial debt has been reduced to 122million (previous year: 391million), Heidelberg is in a financially stable position.
  • The consistent implementation of our transformation program is helping us maintain a stable course through the crisis.
  • Clear signs of recovery from the effects of the COVID-19 pandemic emerged in the final month of the quarter under review.

Americans Personally Impacted by COVID Economy Worried Even If Work Returns, Credit Will Not

Retrieved on: 
Tuesday, August 11, 2020
Finance, Other Consumer, Banking, Consumer, Professional services, Money, Finance, Economy, Actuarial science, Credit risk, Financial law, Financial market, Credit, Debt, Financial crises

The data from this group paints a stark picture of financial loss from COVID-19, credit anxiety, and lagging financial literacy.

Key Points: 
  • The data from this group paints a stark picture of financial loss from COVID-19, credit anxiety, and lagging financial literacy.
  • Most respondents said that participation in future credit markets may require changes that let responsible borrowers better prove their creditworthiness to lenders.
  • Those job and income losses have put a significant financial strain on those impacted, the report said, and are affecting credit usage.
  • As a result of the COVID-19 financial hardship, 61% of the impacted are now concerned their credit will be negatively affected.