In this article CCO Follow your favorite stocksCREATE FREE ACCOUNT Viaframe | Getty Images Company: Clear Channel Outdoor (CCO) Business: Clear Channel Outdoor is an out-of-home advertising company that offers a variety of advertising services, including through billboards, street furniture displays, transit displays and airport displays. It also sells street furniture equipment, provides cleaning and
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The Puerto Rico Oversight Board Friday approved the commonwealth’s fiscal 2024 budget that increases government spending and was already approved by the governor and local legislature. The budget consensus marks a departure from the long history of disagreements between the territory’s elected government and the board created by the federal government to restructure Puerto Rico’s
Polygon Labs, creator of the Polygon (MATIC) network, has proposed an architecture for its forthcoming “Polygon 2.0” project. The team suggested in a June 29 blog post that the new project should be made up of four different ‘layers,’ which will combine to create a web of networks ultimately connected to each other through Ethereum.
Municipals were steady to end the month and first half of the year ahead of a paltry new-issue calendar which will see next week’s volume drop to the lowest level of 2023. U.S. Treasuries were firmer out long and equities rallied. Treasuries saw yields fall by as much as seven basis points on the long
Connecticut Green Bank is offering a seventh round of its one-year taxable Green Liberty Notes in a sale set to conclude on July 31. With buy-in starting at $100, the notes are geared towards retail investors, carry a 5% coupon rate, and will be issued through CGB Green Liberty Notes LLC, a subsidiary of the
Dallas is moving ahead with plans to finance the replacement of its convention center and improvements to Fair Park starting with the private placement in August of short-term debt, which would be refunded as part of a sale of at least $1.4 billion of long-term bonds in 2024. The city council June 14 authorized work
June municipal bond issuance dropped 9% from 2022 as uncertainty over Federal Reserve policy and market volatility continued, but the total was the highest month of the year. June’s total volume was $34.436 billion in 744 issues, down from $37.775 billion in 984 issues a year earlier, according to Refinitiv data, and lower than the
The 2023 Apple Worldwide Developers Conference logo is displayed on a smartphone screen. Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading Friday. Apple — Shares of the tech giant gained more than 1%, bringing the company’s market value to more than $3 trillion, a milestone first achieved
Cryptocurrencies must reach mass adoption to unlock their maximum potential as a network technology and their value as financial assets. As with other technologies, the adoption of crypto follows a classic bell curve: Starting from a small number of innovators, it grows as early adopters embrace it, moving into mass adoption as it expands to
Another $42 billion worth of infrastructure spending dedicated to improving broadband connectivity is now moving from federal to state coffers, spurring comparisons to electrification efforts under the New Deal nearly a century ago and potentially kickstarting additional bond issuance. The Broadband Equity Access and Deployment Program flows from the Bipartisan Infrastructure Law and is aimed
Greg Oakford, a co-founder of NFT Fest Australia, guides you through the Web3 digital art world from a collector’s perspective. Turning concert merchandise and memories digital Snoop Dogg’s recent announcement of the Snoop Passport — an evolving concert tour collectible — is a trend I believe we’ll see get more and more traction among musicians
Apple’s market valuation is set to surpass the $3tn mark again as shares in the US tech giant hit a fresh record in pre-market trading on Friday. Shares in the company rose about 1 per cent to $191.74 in pre-market trading in New York. Its market value has rebounded 45 per cent this year, adding
The local shopping malls of the Nixon era proved a lure too tempting to resist for millions of 1970s teens and young adults. The mammoth monuments to consumerism were besieged by youthful Baby Boomers, who shelled out hard-earned greenbacks at stores like Radio Shack, Just Jeans, The Limited, Kinney Shoes and Musicland. When hunger stirred,
Cryptocurrency-friendly neobank Revolut is next to delist a batch of digital assets on its platform in the United States amid the ongoing regulatory developments in the country. Revolut is preparing to completely delist tokens like Cardano (ADA), Polygon (MATIC) and Solana (SOL) from its platform in September, a spokesperson for the firm told Cointelegraph. On
While many investors in the West may look to crypto to speculate the next biggest trend, blockchain technology is actually solving “real-world problems” in Africa such as hyperinflation and “corruption,” executives told Cointelegraph. Speaking to Cointelegraph, Chris Maurice, founder and CEO of Yellow Card — Africa’s largest cryptocurrency exchange — said crypto in Africa “is
A sign marks a Fidelity Investments office in Boston, Massachusetts, April 28, 2022. Brian Snyder | Reuters Asset management giant Fidelity Investments is again trying to launch a spot bitcoin ETF, according to a Thursday filing. The move comes two weeks after BlackRock filed for spot bitcoin ETF, which has long been opposed by the
In this article BURL BBBY Follow your favorite stocksCREATE FREE ACCOUNT A Burlington and a Bed Bath and Beyond store Getty Images Bed Bath & Beyond locations across America will soon be replaced by Burlington Stores outposts and a range of other businesses, after the failed home goods retailer auctioned off its leases as part
Not-for-profit hospital balance sheets are on the mend from last year’s challenges that inflicted deep damage on balance sheets, but pressures persist and the recovery is slow going, according to reports published this week. Hospital finances showed signs of stabilizing in May with some improvement in operating margins, declining expenses and notable increases in outpatient visits,
A house for sale, in escrow, in Laguna Woods, California. Scott Mlyn | CNBC Anyone out shopping for a home on the resale market knows the pickings are slim. They’re about to get slimmer. The number of homes for sale this month was actually 7% higher than June of last year, according to Realtor.com. But,
Kroll Bond Rating Agency has hired two public finance veterans for its municipal ratings team, the firm announced Wednesday. Ted Damutz and Lina Santoro joined Kroll in May as directors in the public finance department. “The addition of two talented analysts like Ted and Lina reflects our growing footprint in public finance,” Karen Daly, senior