Mutual cat bond and ILS funds (mostly) reduce post-Milton decline at Friday’s pricing
With another week of insights gathered on the potential for any losses from hurricane Milton, thanks to industry loss estimates and catastrophe bond pricing, the net asset values (NAVs) of US mutual investment funds that allocate to catastrophe bonds and other insurance-linked securities (ILS) were mostly marked up again at the end of last week.
Read MoreNazara Raises INR 220 Cr from SBI Mutual Fund
Gaming major Nazara Technologies has raised INR 220 Cr from the asset management company.
Nazara said it has signed a share subscription agreement with SBI Funds Management Limited to issue 23.05 Lakh equity shares at INR 954.27 apiece
In September, Nazara said that its board had approved a preferential equity issue to raise INR 900 Cr.Na
Weeks after announcing its plans to raise INR 900 Cr from SBI Mutual Fund and other investors,
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Read MoreIs a fixed-rate HELOC worth it now? Here's what some experts think.
The sun is beginning to shine again on the interest rate environment after the Federal Reserve raised the federal funds rate 11 times between March 2022 and July 2023 to curb inflation,
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Read MoreHow To Maximize Your Money With The Recent Rate Cut
Last month, the Federal Reserve cut a key interest rate by a larger than expected half percentage point, the first reduction since 2020.
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Read MoreNew York Community Bancorp call volume above normal and directionally bullish
Bullish option flow detected in New York Community Bancorp (NYCB) with 3,928 calls trading, 2x expected, and implied vol increasing almost 9 points to 47.90%. 11/8 weekly 13.5 calls and Jan-25 13 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.13.
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Read MoreThe Burst
Will Ethereum Hit $20,000?
With inflation rates rising and stocks proving ever more volatile, cryptocurrency markets are attracting ever more investors. One of the most popular cryptocurrencies, Ethereum (ETH), appears to be set up for strong gains. The question, though, is just how high current forces could push it? Here’s what you need to know about the money flows supporting ETH and how high it could go.
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Read MoreThe Ivy
1 Overlooked Stock Set to Rebound BIG
During its most recent earnings announcement, Lululemon reported a revenue increase 28% year-over-year to $1.9 billion while net income rose by 36% to $255 million. Same-store sales also increased by 22%. For the current quarter, the company expects revenue to rise 25%.
While many other retailers are struggling due to the challenging macroeconomic conditions of high inflation and interest rates,
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