Financial market

BlackBerry Announces Completion of Debt Refinancing

Retrieved on: 
Tuesday, September 1, 2020
Operating systems, Computer architecture, Computing, BlackBerry, Science and technology in Canada, Smartphones, Debenture, Financial capital, Financial market

The redemption was announced and a notice of redemption was issued on August 28, 2020.

Key Points: 
  • The redemption was announced and a notice of redemption was issued on August 28, 2020.
  • None of the 3.75% Debentures were converted into common shares of BlackBerry prior to redemption.
  • RBC Capital Markets acted for BlackBerry in the completion of the transaction.
  • BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world.

MFS Announces Closed-End Fund Distributions

Retrieved on: 
Tuesday, September 1, 2020
Banking, Professional services, Finance, Finance, Money, Investment, Institutional investors, Mutual funds, Form, Financial market, Investment management, Investment funds

The Board of the fund may amend the terms of the plan or terminate the plan at any time without prior notice to the fund's shareholders.

Key Points: 
  • The Board of the fund may amend the terms of the plan or terminate the plan at any time without prior notice to the fund's shareholders.
  • The fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes.
  • In addition, in order to make the level of distributions called for under its plan, the fund may have to sell portfolio securities at a less than opportune time.
  • In 1924, MFS launched the first US open-end mutual fund, opening the door to the markets for millions of everyday investors.

Private Markets Deal Level DPI Returns Softening in Response to Weak Market

Retrieved on: 
Monday, August 31, 2020
Finance, Money, Economy, Investment, Financial market, Private equity

These developments in the US exit markets reflect the weak market and investor sentiment during Q2, most likely impacted by the coronavirus pandemic.

Key Points: 
  • These developments in the US exit markets reflect the weak market and investor sentiment during Q2, most likely impacted by the coronavirus pandemic.
  • Comparing to the last crisis, post-GFC private markets deal level median gross DPI (Distributions to Paid-in) recovered sharply to a 1.50x median DPI in 2009 compared to those deals with investment years between 2006 and 2008.
  • This is followed by a softening of deal level DPI returns, with deals from 2012 and 2013 at 0.75x and 0.51x gross DPI, respectively, despite being seven to eight years old.
  • CEPRES began in 2001 as the Center of Private Equity Research and was the first to 'look-through' private market funds to underlying deal and asset performance.

The Korea Fund, Inc. Reports Results for the Fiscal Quarter and Twelve Months Ended June 30, 2020

Retrieved on: 
Friday, August 28, 2020
Banking, Professional services, Finance, Finance, Money, Economy, Investment funds, Stock market, Investment, Closed-end fund, Repurchase agreement, Financial market, Share repurchase, Rate of return, Net asset value

Under its share repurchase program, the Fund repurchased 0 shares and 87,058 shares, respectively for the fiscal quarter and twelve months ended June 30, 2020.

Key Points: 
  • Under its share repurchase program, the Fund repurchased 0 shares and 87,058 shares, respectively for the fiscal quarter and twelve months ended June 30, 2020.
  • Foreign securities markets generally exhibit greater price volatility and are less liquid than the U.S. market.
  • Closed-end funds trade on their market value, not NAV, and closed-end funds often trade at a discount to their NAV.
  • Past performance is no guarantee of future results and the investment returns generated by the Fund will fluctuate.

World Smart Watch Market 2020-30: How the Smart Watch Market Will Shape and Change Lives Over the Next Ten Years

Retrieved on: 
Thursday, August 27, 2020
Business, Market, Financial market, Articles, Economy

This report provides strategists, marketers and senior management with the critical information they need to assess the global smart watch market.

Key Points: 
  • This report provides strategists, marketers and senior management with the critical information they need to assess the global smart watch market.
  • It places the market within the context of the wider smart watch market, and compares it with other markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies.
  • It compares the smart watch market with other segments of the smart watch market by size and growth, historic and forecast.

Debexpert, online delinquent debt trading platform, to enter the US market

Retrieved on: 
Thursday, August 27, 2020
Finance, Money, Economy, Credit, Financial law, Debt buyer, Auction, Debt, Financial market

LEWES, Del., Aug. 27, 2020 /PRNewswire/ -- Debexpert.com, online auction platform for banks and lenders to sell and for debt buyersto purchase delinquent debts, is completing preparations to enter the U.S. market.

Key Points: 
  • LEWES, Del., Aug. 27, 2020 /PRNewswire/ -- Debexpert.com, online auction platform for banks and lenders to sell and for debt buyersto purchase delinquent debts, is completing preparations to enter the U.S. market.
  • "Debexpert is an international delinquent debt auction platform featuring many innovative solutions at its core.
  • With the Debexpert platform,users can sell and buy debt portfolios quickly, having 100% control at all stages of a transaction.
  • Debt buyers receive access to full information of a portfolio before trading starts to assess whether fits their business profile.

Private Debt Allocations Increasing but Growing Complexity Requires Savvy Investors

Retrieved on: 
Thursday, August 27, 2020
Investment, Financial market

The analysis also investigated whether changes in the US Federal Reserve Funds Rate, which impacts lending costs, also have an effect on the interest earned by Private Debt funds; in other words, Private Debt gross returns.

Key Points: 
  • The analysis also investigated whether changes in the US Federal Reserve Funds Rate, which impacts lending costs, also have an effect on the interest earned by Private Debt funds; in other words, Private Debt gross returns.
  • In 2008, the Fed cut rates to an annual average of 1.9% to stimulate the economy, with private debt returns increasing to 13.3% Gross IRR and trending upwards to 21.3% in 2009, constituting a clear post-GFC bounce.
  • The white paper provides comprehensive analysis of this growing asset class, laying out its own unique complexities, and what investors need to look out for before committing.
  • CEPRES combines the most powerful data with sophisticated expert analysis frameworks to empower Private Market investors.

Wiley Schedules First Quarter Fiscal 2021 Earnings Release and Conference Call

Retrieved on: 
Thursday, August 27, 2020
Research, Other Communications, Publishing, Communications, Professional services, University, Science, Education, Other Science, Other Professional Services, New York Stock Exchange, Financial market, New York City

John Wiley & Sons (NYSE:JWA)(NYSE:JWB), a global leader in research and education, will release its first quarter 2021 results prior to market open on Thursday, September 3, 2020.

Key Points: 
  • John Wiley & Sons (NYSE:JWA)(NYSE:JWB), a global leader in research and education, will release its first quarter 2021 results prior to market open on Thursday, September 3, 2020.
  • The Company has scheduled a conference call beginning at 10 a.m.
  • The live audio webcast and presentation slides will be available at www.wiley.com under Investor Relations, Events and Presentations, or https://www.wiley.com/en-us/investors , or directly at https://edge.media-server.com/mmc/p/wimivu3k .
  • Through publishing, platforms and services, we help students, researchers, universities, and corporations to achieve their goals in an ever-changing world.

Global Turf Protection Market (2020 to 2025) - Growth, Trends, and Forecast - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 20, 2020
Chemicals, Plastics, Manufacturing, Agriculture, Natural Resources, Construction & Property, Landscape, Agronomy, Landscape architecture, Biological pest control, Integrated pest management, Phytopathology, Soil chemistry, Sod, Marketplace, Financial market, Applied sciences, Agriculture, Academic disciplines

In addition, increasing demand for turf for residential and commercial properties in turn to create demand for turf protection market.

Key Points: 
  • In addition, increasing demand for turf for residential and commercial properties in turn to create demand for turf protection market.
  • Adoption of integrated pest management in the turf will add a bonus to the turf protection market.
  • North America dominates the global turf protection market in terms of revenue generation as compared to that of markets of another region.
  • The United States occupies the majority of the turf & ornamental chemical inputs market share within the region followed by Canada.

Yiren Digital to Report Second Quarter 2020 Financial Results on August 27, 2020

Retrieved on: 
Thursday, August 20, 2020
Yiren, Financial market, Credit, Loans

Additionally, a live and archived webcast of the conference call will be available atir.yirendai.com.

Key Points: 
  • Additionally, a live and archived webcast of the conference call will be available atir.yirendai.com.
  • Yiren Digital Ltd. (NYSE: YRD) is a leading fintech company in China, providing both credit and wealth management services.
  • Yiren Digital deploys a proprietary risk management system, which enables the Company to effectively assess the creditworthiness of borrowers, appropriately price the risks associated with borrowers, and offer quality loan investment opportunities to investors.
  • Yiren Digital's marketplace provides borrowers with quick and convenient access to consumer credit at competitive prices and investors with easy and quick access to an alternative asset class with attractive returns.