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The Inner Circle acknowledges Atisha N. Burks as a Top Pinnacle Professional

Retrieved on: 
Monday, April 15, 2024
Education, Saint Leo University, Financial management, Mentorship, Policy, Business administration, Federal, National Association, Democracy, Government, Commerce, African Americans, Multimedia, Old Dominion University, Inner circle, Federal Protective Service, Management

WALDORF, Md., April 15, 2024 /PRNewswire/ -- Prominently featured in The Inner Circle, Atisha N. Burks is acknowledged as a Top Pinnacle Professional for her contributions in Financial Management and Reporting.

Key Points: 
  • WALDORF, Md., April 15, 2024 /PRNewswire/ -- Prominently featured in The Inner Circle, Atisha N. Burks is acknowledged as a Top Pinnacle Professional for her contributions in Financial Management and Reporting.
  • Atisha N. Burks, a highly accomplished professional with nearly 25 years of experience in the government sector, has been a trailblazer in the field of financial management and reporting.
  • Her commitment and potential were quickly recognized, leading her to complete the Federal Career Intern Program in 2006.
  • Atisha N. Burks' impressive career trajectory, extensive experience, and unwavering commitment to excellence have made her a trailblazer in the field of financial management and reporting.

Central bank asset purchases and auction cycles revisited: new evidence from the euro area

Retrieved on: 
Friday, April 19, 2024
EADB, Eurozone, Central bank, Exercise, Finance, Selection, Zero lower bound, History, Sale, Empirical evidence, Research Papers in Economics, SDW, Flight-to-liquidity, Money, EONIA, APP, Fleming, Born, AAA, Fiscal, PEPP, Pyrrhic victory, Policy, Research, Breitung, MOSFET, Autocorrelation, Euro, PDF, Classification, ECB, Blog, Dependent and independent variables, Eser, DMO, Impact, PSPP, SMP, Efficacy, AC, QE, Sovereign, Confidentiality, Section 4, MOC, Convention (norm), Data warehouse, Social science, LHS, Control, JEL, Chart, Section 3, Importance, Journal, Bank of France, Role, G14, Government, Capital, The Journal of Finance, Credit, E58, Contagion, Literature, Public sector, DeSantis, Paper, Section 2, European Central Bank, Health, Arnone, Attention, Pressure, NCBS, G12, Journal of Financial Economics, Reproduction, Website, Table, Movement, IMF, RHS, Working paper, Ehrmann, Treasury, Market, Symmetry, Heart, Data, Beck, VIX, Natural experiment, Interval (mathematics), Confidence interval, Medical classification, Security (finance)

Working Paper Series

Key Points: 
    • Working Paper Series
      Federico Maria Ferrara

      Central bank asset purchases
      and auction cycles revisited:
      new evidence from the euro area

      No 2927

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

    • Abstract
      This study provides new evidence on the relationship between unconventional monetary
      policy and auction cycles in the euro area.
    • The findings indicate that Eurosystem?s asset purchase flows mitigate
      yield cycles during auction periods and counteract the amplification impact of market volatility.
    • The dampening effect of central bank asset purchases on auction cycles is more sizeable and
      precisely estimated for purchases of securities with medium-term maturities and in jurisdictions
      with relatively lower credit ratings.
    • On the other hand, central banks may influence price dynamics in these markets, most notably
      through their asset purchase programmes.
    • If so, do central bank asset purchases
      affect bond yield movements around auction dates?
    • Auction cycles are present when secondary market yields rise in
      anticipation of a debt auction and fall thereafter, generating an inverted V-shaped pattern around auction
      dates.
    • ECB Working Paper Series No 2927

      3

      1

      Introduction

      The impact of central bank asset purchases on government bond markets is a focal point of economic and
      financial research.

    • If so,
      do central bank asset purchases shape yield sensitivity around auction dates?
    • The paper provides new evidence on the effects of Eurosystem?s asset purchases on secondary market
      yields around public debt auction dates.
    • The analysis builds on previous research based on aggregate data
      on central bank asset purchases and a shorter analysis period (van Spronsen and Beetsma 2022).
    • Using
      granular data on Eurosystem?s asset purchases offers an opportunity to shed light on the mechanisms linking
      unconventional monetary policy and auction cycles.
    • Given this legal constraint, the study
      hypothesises that the effect of asset purchases on 10-year auction cycles is mostly indirect, and goes via price
      spillovers generated by purchases of securities outside the 10-year maturity space.
    • Taken together, these results provide new evidence about auction cycles in Europe and contribute to a
      larger literature on the flow effects of central bank asset purchases on bond markets.
    • Section 4 offers descriptive evidence about auction cycles in the euro area.
    • Auction cycles are defined by the presence of an inverted V-shaped pattern in secondary market yields
      around primary auctions.
    • That is, government bond yields rise in the run-up to the date of the auction and
      fall back to their original level after the auction.
    • Their limited risk-bearing capacities and inventory management operations are
      seen as key mechanisms driving auction cycles (Beetsma et al.
    • ECB Working Paper Series No 2927

      7

      Second, central bank asset purchases can alleviate the cycle by (partly) absorbing the additional supply
      of substitutable instruments in the secondary market (van Spronsen and Beetsma 2022).

    • This expectation is
      supported by several analyses on the price effects of central bank bond purchases (D?Amico and King 2013;
      Arrata and Nguyen 2017; De Santis and Holm-Hadulla 2020).
    • Empirically, previous research has provided evidence of auction cycles taking place across different jurisdictions.
    • (2016) detect auction cycles for government debt in Italy, but not in Germany, during the European
      sovereign debt crisis.
    • Research on the impact of central bank asset purchases on yield cycles around auctions is still limited.
    • Their paper provides evidence
      that Eurosystem?s asset purchases reduce the presence of auction cycles for euro area government debt.
    • Nonetheless, several questions remain open about auction cycles and unconventional monetary policy
      in the euro area.
    • Therefore, they
      provide only a partial picture of auction cycles and central bank asset purchases in Europe.
    • The use of granular data on central bank asset purchases is especially important in light of the modalities
      of monetary policy implementation of the Eurosystem.
    • Altogether, these elements motivate further investigation of the relationship between central bank asset
      purchases and auction cycles in the euro area.
    • Taken together, these results confirm that Eurosystem?s asset purchases mitigate yield cycles during auction periods and counteract the amplification impact of market volatility.
    • The findings confirm that the flow
      effects of central bank purchases on yield movements around auction dates are driven by lower-rated countries.
    • Additional analyses provide evidence for an indirect effect of purchases on auction cycles and highlight
      the presence of substantial heterogeneity across jurisdictions and purchase programmes.
    • Flow Effects of Central Bank Asset Purchases on Sovereign Bond
      Prices: Evidence from a Natural Experiment.
    • Federico Maria Ferrara
      European Central Bank, Frankfurt am Main, Germany; email: [email protected]

      ? European Central Bank, 2024
      Postal address 60640 Frankfurt am Main, Germany
      Telephone
      +49 69 1344 0
      Website
      www.ecb.europa.eu
      All rights reserved.

Illegal Surveillance In Americans Homes & Devices Immediate Oversight Of Clearview AI & Similar Technologies Demanded By The McWhorter Foundation

Retrieved on: 
Wednesday, April 3, 2024
Freedom, Private, Trust, Internet of things, PALM, CK, Fourth Amendment, Law enforcement, Internet, Clearview AI, Impact, Privacy, Computer, Motorola Solutions, Weapon, Economic methodology, Data collection, Justice, Supreme court, Community engagement, Safety, Habit, Brennan Center for Justice, Family, Facial recognition

These technologies can capture detailed and intimate information about our private lives​ ( Brookings )​​ ( Brennan Center for Justice )​.

Key Points: 
  • These technologies can capture detailed and intimate information about our private lives​ ( Brookings )​​ ( Brennan Center for Justice )​.
  • The use of surveillance technology, including data monitoring and facial recognition, by law enforcement has significantly expanded, raising important questions about privacy, especially within private settings.
  • Independent Oversight and Regulation: We demand the establishment of rigorous oversight mechanisms, including independent bodies that involve community representatives to oversee the deployment and use of surveillance technologies.
  • McWhorter Foundation has not registered with the U.S. Securities and Exchange Commission (SEC) and may operate under exemptions.

Daktronics to Present at Sidoti Small-Cap Virtual Conference March 13-14

Retrieved on: 
Friday, March 8, 2024
Conference

The presentation will begin at 10:00 am ET on March 14, 2024 and can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_ZThlV7akSIOsEag-Y0ULpA .

Key Points: 
  • The presentation will begin at 10:00 am ET on March 14, 2024 and can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_ZThlV7akSIOsEag-Y0ULpA .
  • Daktronics will also host virtual one-on-ones with investors on Wednesday, March 13, 2024.
  • Registration is free and open to Sidoti clients and non-clients.
  • A replay of the presentation webcast will be available on the Company’s website,

Daktronics, Inc. Announces 2024 Fiscal Third Quarter Results

Retrieved on: 
Wednesday, February 28, 2024
Live, International, Agility, House, Growth, Plant, Commercial, Daktronics, Webcast, Central Time, Kurtenbach, Transport, Recreation, Video game

Fiscal 2024 fourth quarter net sales are expected to increase sequentially as compared to the third quarter in fiscal year 2024 and decrease from the year-ago period, which was again a high-volume period in which we were fulfilling backorders related to pandemic recovery.

Key Points: 
  • Fiscal 2024 fourth quarter net sales are expected to increase sequentially as compared to the third quarter in fiscal year 2024 and decrease from the year-ago period, which was again a high-volume period in which we were fulfilling backorders related to pandemic recovery.
  • Net sales for the third quarter of fiscal 2024 decreased by 7.9 percent as compared to the third quarter of fiscal 2023.
  • Operating expenses decreased 2.6 percent to $33.7 million in the third quarter of fiscal 2024 as compared to $34.6 million for the third quarter of fiscal 2023.
  • This decrease is primarily attributable to recording a $4.6 million non-cash goodwill impairment charge during the third quarter of fiscal 2023 that was not repeated in the third quarter of fiscal 2024.

Daktronics, Inc. to Release Third Quarter Fiscal 2024 Financial Results

Retrieved on: 
Tuesday, February 20, 2024
Internet, PIN, Webcast, Daktronics

BROOKINGS, S.D., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (Nasdaq – DAKT) announced today it will release its third quarter fiscal 2024 financial results on Wednesday, February 28, 2024 before the market opens.

Key Points: 
  • BROOKINGS, S.D., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (Nasdaq – DAKT) announced today it will release its third quarter fiscal 2024 financial results on Wednesday, February 28, 2024 before the market opens.
  • The Company will host a conference call and webcast for all interested parties at 10:00 AM CT that day.
  • Reece A. Kurtenbach, Chief Executive Officer, and Sheila M. Anderson, Chief Financial Officer, will host the conference call, which will contain forward-looking statements and other material information.
  • To listen to the earnings call by phone, participants must pre-register at Daktronics Earnings Call Registration .

Daktronics to Present at January 2024 Investor Conferences

Retrieved on: 
Thursday, January 11, 2024
CFO, Conference

BROOKINGS, S.D., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), today announced that its CFO, Sheila Anderson, will present and conduct meetings with investors at the following investor conferences:

Key Points: 
  • BROOKINGS, S.D., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), today announced that its CFO, Sheila Anderson, will present and conduct meetings with investors at the following investor conferences:
    Sidoti Micro Cap Conference – Wednesday, January 17, 2024 at 3:15pm ET
    26th Annual Needham Growth Conference – Friday, January 19, 2024 at 11:00am ET
    High-definition video webcasts of the presentations will be available the following days on the Company’s website,

Detroit Tigers Unleash Second-Largest Video Display in Baseball from Daktronics

Retrieved on: 
Friday, December 15, 2023
Tiger, LED, Detroit Tigers, Pixel, Fascia, Statistics, Comerica Park

BROOKINGS, S.D., Dec. 15, 2023 (GLOBE NEWSWIRE) -- Revamping and replacing a previous installation in Detroit, Michigan, Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, has once again partnered with the Detroit Tigers to deliver the second-largest main video display in baseball’s major leagues at Comerica Park. Five additional displays will be installed along the fascia, dugout and line score locations ahead of the 2024 baseball season.

Key Points: 
  • BROOKINGS, S.D., Dec. 15, 2023 (GLOBE NEWSWIRE) -- Revamping and replacing a previous installation in Detroit, Michigan, Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, has once again partnered with the Detroit Tigers to deliver the second-largest main video display in baseball’s major leagues at Comerica Park.
  • Five additional displays will be installed along the fascia, dugout and line score locations ahead of the 2024 baseball season.
  • The new second-largest display in baseball in the United States will replace the current outfield display at Comerica Park and feature more than 15,000 square feet of digital canvas featuring 14.1 million pixels.
  • The display itself measures approximately 67 feet high by 185 feet wide with a lower component measuring nearly 35 feet high by 96 feet high to create a single outfield display.

Daktronics, Inc. Announces 2024 Fiscal Second Quarter Results

Retrieved on: 
Tuesday, December 5, 2023
Culture, Attention, Commercial, Transport, Audit, Central Time, International, Lead, Kurtenbach, Growth, Recreation, Retail

BROOKINGS, S.D., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported results for its fiscal 2024 second quarter which ended October 28, 2023.

Key Points: 
  • BROOKINGS, S.D., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported results for its fiscal 2024 second quarter which ended October 28, 2023.
  • Net sales for the second quarter of fiscal 2024 increased by 6.4 percent as compared to the second quarter of fiscal 2023.
  • Operating expenses increased 15.2 percent to $34.8 million in the second quarter of fiscal 2024 as compared to $30.2 million for the second quarter of fiscal 2023.
  • Operating income percent for the second quarter of fiscal 2024 was 9.7 percent, compared to 0.8 percent for the second quarter of fiscal 2023 due to the combined factors discussed above.

Daktronics to Present at Singular Research Best of the Uncovered Conference

Retrieved on: 
Friday, December 1, 2023
Uncovered, GoTo Meeting, CFO

Daktronics presentation is scheduled to take place at 12:15 pm pacific time. For investors not able to make it in person, Singular is offering the conference as a webinar. Please use the following link to register for the webinar -- GoToWebinar Link: https://register.gotowebinar.com/register/3515964842274280021

Key Points: 
  • BROOKINGS, S.D., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), today announced that it’s CFO, Sheila Anderson, will present at the Singular Research’s 18th annual "Best of the Uncovered" conference in San Francisco on Thursday, December 7.
  • Daktronics presentation is scheduled to take place at 12:15 pm pacific time.
  • For investors not able to make it in person, Singular is offering the conference as a webinar.
  • Please use the following link to register for the webinar -- GoToWebinar Link: https://register.gotowebinar.com/register/3515964842274280021