EQ

CORT Announces Promotion of Shayne Aguilar to Group Vice President of Operations

Retrieved on: 
Tuesday, June 4, 2024

CORT, the nation’s leading provider of furniture rental and destination services, is pleased to announce the promotion of Shayne Aguilar to Group Vice President of Operations for the Mountain Region (NV, CO, NM, AZ, UT) and parts of the Central Region (El Paso, TX, and Kansas City, KS).

Key Points: 
  • CORT, the nation’s leading provider of furniture rental and destination services, is pleased to announce the promotion of Shayne Aguilar to Group Vice President of Operations for the Mountain Region (NV, CO, NM, AZ, UT) and parts of the Central Region (El Paso, TX, and Kansas City, KS).
  • View the full release here: https://www.businesswire.com/news/home/20240604280028/en/
    CORT Group Vice President of Operations (Photo: Business Wire)
    Shayne joined CORT in 2001, serving as Operations Manager for the 2002 Winter Olympics in Salt Lake City, Utah.
  • His dedication and commitment to operational excellence have been instrumental in our success," said Paula Newell, Chief Operating Officer at CORT.
  • "We are excited to see his leadership continue to flourish in his new role as Group Vice President."

The quantity theory of money, 1870-2020

Retrieved on: 
Tuesday, May 28, 2024

Working Paper Series

Key Points: 
    • Working Paper Series
      Alexander Jung

      The quantity theory of money,
      1870-2020

      No 2940

      Disclaimer: This paper should not be reported as representing the views of the European Central Bank
      (ECB).

    • Abstract
      This study re-assesses the validity of the quantity theory of money (QTM) for the very long sample,
      1870 to 2020, for 18 industrial countries using the dataset from Jord? et al.
    • ECB Working Paper Series No 2940

      1

      Non-technical summary
      The quantity theory of money (QTM) is a central tenet of monetary economics.

    • Second, panel regressions confirm the presence of long and variable lags in the monetary policy
      transmission, as predicted by Milton Friedman.
    • Introduction
      The quantity theory of money (QTM) is a central tenet of monetary economics and became the
      workhorse model of the Monetarist school in the 20th century.
    • 1 It postulates a stable long-run link
      between the quantity of money and prices and implies that money growth is a key driver of inflation
      over longer horizons.
    • Lucas (2006) emphasized that the monetary pillar of central bank policy decisively
      contributed to reducing inflation when it was too high.
    • In the 1970s and 1980s, central bankers and
      researchers paid much attention to the quantity equation, and many countries pursued monetary targeting
      as their monetary policy strategy (see Table 1).
    • Towards the end of the 20th century, severe velocity
      shocks occurred, thus violating the constant money velocity assumption of the quantity theory.
    • *** insert Table 1 here ***
      This study provides a reassessment of QTM based on panel approaches and using the dataset from
      Jord? et al.
    • (2017) for 18 industrial countries that allow to conduct tests for the very long sample from
      1870 to 2020.
    • The results show that an I(2) modeling strategy is not
      indicated (Juselius, 2021; Assenmacher and Beyer, 2020; Jung and Carcel Villanova, 2020).
    • Within this
      approach, I examine time variation by estimating the regressions for different subsamples and providing
      rolling window regressions of the CCEPMG estimator.
    • Second, panel regressions confirm the presence of long and variable lags in the monetary policy
      transmission, as predicted by Milton Friedman.
    • Notable exceptions are studies based on
      country approaches for the United States and the United Kingdom (e.g., Benati, 2005; Sargent and
      Surico, 2008).
    • Section 4 provides empirical results on the long-run link between excess
      money growth and inflation and section 5 concludes.
    • A well-known implication of the quantity theory is that in the long run (i.e., if V and Yr are fixed),
      the price level is proportional to the money stock, and there is no link between money growth and real
      variables.
    • The empirical literature has focused on the point that ?a given change in the quantity of money
      induces ? an equal change in the rate of price inflation? (Lucas, 1980).
    • The literature suggests that excess money growth, i.e., nominal money in excess of real GDP, is
      more closely related to inflation.
    • Lucas (1980 and 1996) suggested that the link between money growth and inflation may not be
      found in the data owing to statistical noise.
    • Chart 2 illustrates the long-run comovement between money growth and
      inflation for 18 industrial countries between 1900 and 2000.
    • whether a given change in the quantity of money induces
      an equal change in nominal rates of interest.
    • McCandless and Weber (1995) also examined the link between money
      growth and real GDP growth and found no correlation.
    • Testing the validity of the quantity theory may also face some limitations concerning the correct
      measurement of money growth or inflation.
    • Famous researchers have argued that the Divisia approach to calculating monetary aggregates
      would be best suited to test the quantity theory (Barnett, 1980; Lucas, 2000).
    • Long-run Evidence on the Quantity Theory of Money.
    • The quantity theory of money: Its historical evolution and role in policy debates.
    • Two illustrations of the quantity theory of money.
    • ), A journey
      from theory to practice ? an ECB colloquium held in honour of Otmar Issing, 16-17 March 2006, 168171.
    • Two illustrations of the quantity theory of money: breakdowns and revivals.
    • The dashed line illustrates a coefficient of 1, as stipulated by the quantity theory of money; for
      broad money, no data for Belgium was available until 1980.

Markets EQ Unveils Strategic Purchase of Voice AI Trailblazer Helios Life Enterprises

Retrieved on: 
Monday, May 20, 2024

New York, NY, May 20, 2024 (GLOBE NEWSWIRE) -- Markets EQ, the first to fuse voice tones with language in a generative AI platform for corporate communications, today announced its strategic purchase of Helios Life Enterprises.

Key Points: 
  • New York, NY, May 20, 2024 (GLOBE NEWSWIRE) -- Markets EQ, the first to fuse voice tones with language in a generative AI platform for corporate communications, today announced its strategic purchase of Helios Life Enterprises.
  • Helios Life Enterprises is an innovator in voice-based tonal analysis and the first to devise a widely available data platform that delivers systematic analytics of an executive’s voice during earnings calls.
  • Their core product offerings include: Quantum, a scaled research and audio analytics platform that allows firms to extract full tonal value from proprietary audio.
  • Audio and AI pioneer Sean Austin, CEO of Markets EQ, asserts, “The seamless fusion of Helios’ rich data assets with Markets EQ’s robust product suite promises to unlock unprecedented value, far surpassing what either company could achieve independently.

Ares Real Estate Announces Acquisition of Hotel Portfolio from Landsec

Retrieved on: 
Thursday, May 9, 2024

Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today that funds managed by Ares Real Estate have acquired a hotel portfolio from Landsec alongside hotel operating partner EQ Group (“EQ”), a leading European hospitality investment and management platform.

Key Points: 
  • Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today that funds managed by Ares Real Estate have acquired a hotel portfolio from Landsec alongside hotel operating partner EQ Group (“EQ”), a leading European hospitality investment and management platform.
  • In parallel with the closing of the acquisition, Ares entered into an agreement with AccorInvest to surrender these leases and transfer operations of the relevant hotels to Ares.
  • “This transaction highlights our ability to create solutions which unlock assets in today’s dislocated market,” said John Ruane, Partner and Co-Head of Ares European Real Estate.
  • In Europe, Ares Real Estate has a tenured, local team of approximately 70 real estate investment professionals and a track record spanning approximately three decades of operations.

Baseus's most popular headphones on Amazon last year are back with an iteration: Baseus MA10s

Retrieved on: 
Tuesday, April 30, 2024

This is why Baseus is now excited to launch the Bowie MA10s TWS Earbuds.

Key Points: 
  • This is why Baseus is now excited to launch the Bowie MA10s TWS Earbuds.
  • -48dB Active Noise Cancelling: The Baseus Bowie MA10s TWS Earbuds feature hybrid -48dB Active Noise Cancelling technology that seamlessly cancels out 95% of outside noise.
  • Baseus Bowie MA10s is priced at an MSRP of $49.99 and is available for purchase on Amazon and Baseus.com.
  • Baseus Bowie MA10 is priced at an MSRP of $39.99 and is available for purchase on Amazon and Baseus.com.

Sony Electronics Introduces New Digital Multimedia Receiver to Car AV Line

Retrieved on: 
Friday, April 19, 2024

SAN DIEGO, April 19, 2024 /PRNewswire/ -- Sony Electronics Inc. today announced a new addition to its line of car AV receivers, the XAV-AX3700. The XAV-AX3700 includes a customizable experience to fit user's personal viewing preference, while providing optimal sound. This new model includes a large anti-glare screen with an enhanced user interface and customizations, along with space saving installation and exceptional wireless audio quality to provide a simple and sleek addition to the vehicle.

Key Points: 
  • SAN DIEGO, April 19, 2024 /PRNewswire/ -- Sony Electronics Inc. today announced a new addition to its line of car AV receivers, the XAV-AX3700.
  • 6.95-inch Anti-glare Sleek Touchscreen: The anti-glare 17.6cm (6.95") touchscreen and clean interface design ensure a stylish and efficient user experience.
  • Selectable Clock Design: Now the center clock indication has three options – analog clock face, digital, and none.
  • The XAV-AX3700 will have a suggested retail price of $399.99 USD / $549.99 CA and available for purchase June 2024 at Sony authorized dealers.

TRACON Pharmaceuticals Announces Reverse Stock Split

Retrieved on: 
Monday, April 8, 2024

All stock options and warrants of the Company outstanding immediately prior to the reverse stock split have been proportionally adjusted.

Key Points: 
  • All stock options and warrants of the Company outstanding immediately prior to the reverse stock split have been proportionally adjusted.
  • No fractional shares of common stock will be issued as a result of the reverse stock split.
  • TRACON has chosen its transfer agent, Equiniti Trust Company, LLC (EQ), to act as exchange agent for the reverse stock split.
  • Stockholders owning shares via a bank, broker or other nominee will have their positions automatically adjusted to reflect the reverse stock split and will not be required to take further action in connection with the reverse stock split, subject to brokers’ particular processes.

Thinking about trading options or stock in Advanced Micro Devices, Equillium, Macy's, Alphabet, or Phillips 66?

Retrieved on: 
Wednesday, March 27, 2024

NEW YORK, March 27, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMD, EQ, M, GOOGL, and PSX.

Key Points: 
  • NEW YORK, March 27, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMD, EQ, M, GOOGL, and PSX.
  • Click a link below then choose between in-depth options trade idea report or a stock score report.
  • Options Report – Ideal trade ideas on up to seven different options trading strategies.
  • The report shows all vital aspects of each option trade idea for each stock.

Markets EQ’s New AI-Generated Scorecard Analyzes Voice to Empower Spokespeople

Retrieved on: 
Thursday, February 22, 2024

With the ability to discern 58 unique emotions, the scorecard empowers spokespeople, ensuring every interview, presentation, and call resonates with precision and impact.

Key Points: 
  • With the ability to discern 58 unique emotions, the scorecard empowers spokespeople, ensuring every interview, presentation, and call resonates with precision and impact.
  • EQ MarketScore stands out not only for its comprehensive emotion detection capabilities but also for its commitment to security and excellence.
  • Markets EQ is investing significant resources into security like the latest AI ISO certification and SOC 2 compliance for enterprise compliance needs.
  • Markets EQ successfully closed its pre-seed funding round of $500,000 and has opened its seed round, where it’s seeking $3.5 million.

Shure Announces New MoveMic Wireless Microphones; Now in Stock at B&H

Retrieved on: 
Tuesday, March 5, 2024

MoveMic One is the world’s smallest single-channel wireless audio recording system and is ideal for videographers, YouTubers, and mobile journalists looking to record professional-level spoken word.

Key Points: 
  • MoveMic One is the world’s smallest single-channel wireless audio recording system and is ideal for videographers, YouTubers, and mobile journalists looking to record professional-level spoken word.
  • Sporting a custom acoustic design and proprietary wireless software, the MoveMic One offers excellent audio quality in an ultralightweight and portable design.
  • The Shure MoveMic One can connect directly to ones phone via the Shure MOTIV audio and video apps, no receiver required.
  • The Shure MoveMic Two offers the same performance as the MoveMic One, but with an extra microphone, making it a great choice for interviews.