long term
Russia-Ukraine: Former AG Barr says US ‘can’t allow this to escalate into a nuclear war’
NEWYou can now listen to Fox News articles! Former Attorney General Bill Barr said the United States cannot allow Russian President Vladimir Putin’s invasion of Ukraine “to escalate into a nuclear war,” warning that now is the time “for prudence” and to avoid any “direct conflict” with Russia. In an interview with Fox News Digital …
Longpoint and Brookfield Announce Recapitalization of National Logistics Portfolio Through New Venture
BOSTON–(BUSINESS WIRE)–Longpoint Partners (“Longpoint”), a Boston-based real estate investment firm, today announced the closing of its joint venture with Brookfield through its Real Estate Secondaries business. The joint venture recapitalized a $700 million, 3.8 million square foot national logistics portfolio that was held in one of Longpoint’s closed-end funds. Longpoint will retain a stake in …
What is today’s news? | Friday, February 25, 2022
While the conflict between Russia and Ukraine continues to unfold, its effects are already being felt across the globe. Here is a roundup of articles to help keep you informed on the markets, fertilizer industry, trade system, and more. Russia and Ukraine Rebuilding resilience has the USTR very busy these days, according to U.S. Trade …
What can politicians do to lower gasoline prices?
With the Americans facing the highest gas prices in eight years, elected naturally eager to lower prices at the pump. State governors from Washington to Florida have slashed gasoline taxes, while the White House is re-throwing the idea of tapping the United States’ emergency oil reserves. It’s no mystery why: research shows that public disapproval …
My arrest and aborted prosecution underlined 3 lies Iowa is propagating about animal agriculture
The state of Iowa falsely accused me of “terrorism” for exposing animal abuse. They’re lying about the food system, too. In the spring of 2020, a truck driver at Iowa Select Farms, one of the largest pig farming companies in the nation, reached out to me with a shocking allegation: Iowa Select was about to …
Enjoy the health benefits of music – Agweek
“Did you crank up the music?” my friend asked. “No. Music distracts me when I am writing,” I said. “I tend to focus on the music.” I was alone in my work office finishing up some projects. No one else was in the building. Maybe instrumental music would have been OK. If I had been …
Huize Releases 2021 ‘Xiao Ma Claim’ Annual Service Review | News
SHENZHEN, China, Jan. 14, 2022 (GLOBE NEWSWIRE) — Huize Holding Limited, (“Huize,” the “Company” or “we”) (NASDAQ: HUIZ), an insurance products and services platform digital leader for next-generation consumers in China, released the 2021 “Xiao Ma Claim” Annual Service Review, a multidimensional report that summarizes the overall performance of Huize’s claims support service and provides …
Allegro MicroSystems Appoints Derek D’Antilio as Chief Financial Officer | Your money
MANCHESTER, NH, January 10, 2022 (GLOBE NEWSWIRE) – Allegro MicroSystems, Inc. (Nasdaq: ALGM) (“Allegro”), a global leader in sensing and power semiconductor technology, announced today as Paul Walsh, current Vice President Chief Financial Officer (CFO) and Treasurer will retire. He will be replaced by Derek D’Antilio, who was selected after extensive research and will join …
Farm subsidy plan ‘risks increasing the UK’s reliance on food imports’ | Farming
The government’s plans for a post-Brexit scheme to support British farming are based on little more than “blind optimism” and risk increasing the UK’s reliance on food imports, a parliamentary inquiry has warned. The EU’s scheme of subsidies – known as the common agricultural policy (CAP) and worth £3bn-a-year to UK farmers – was one …
Omicron should not reduce oil demand and economic activity
Oil prices are expected to maintain a steady uptrend this year as Omicron is unlikely to cause a massive drop in demand for crude, while supply concerns will support prices in the near term, according to the experts. Crude prices, which rose nearly 60% in 2021, edged up in the first trading week of this …
Wynnchurch Capital Sells Majority Stake in Rosboro | News
ROSEMONT, Illinois – (BUSINESS WIRE) – January 6, 2022– Wynnchurch Capital, LP (“Wynnchurch”), a leading mid-market private equity firm, has announced the sale of a controlling interest in Rosboro Holdings, Inc. (“Rosboro” or the “Company”) to One Equity Partners (“OEP”). Pursuant to the transaction, Wynnchurch will continue to hold a significant minority interest in the …
Naftna Industrija Srbije: NIS becomes a strategic partner of HIP Petrohemija
On December 24, 2021, the Ministry of Economy, on behalf of the Government of the Republic of Serbia, the NIS and HIP Petrohemija signed the Strategic Partnership Agreement. With this agreement, NIS will increase the ownership share in HIP Petrohemija from 20.86% to 90% of the previous shares with the obligation of a monetary recapitalization …
Community support helping rebuild KC Farm School
KANSAS CITY, Kan. — Ranchers and farmers across Kansas are dealing with major losses after wildfires and record-setting winds rampaged through the state. KC Farm School at Gibbs Road is home to market growers from across the metro who depend on its facilities to start growing the food many KC locals eat. Alicia Ellingsworth, co-founder …
USDA helps farmers, ranchers and communities affected by recent tornadoes
WASHINGTON, December 16, 2021 – The United States Department of Agriculture (USDA) today announced that assistance is available for communities and agricultural producers affected by tornadoes that ravaged Kentucky and five other states over the weekend. “The devastation these tornadoes have brought to our hearts, the lives they have claimed and the communities and livelihoods …
What is going on with fertilizer prices?
Over the past year, farmers have watched fertilizer prices climb with little to no hope for a price break on the horizon. Urea fertilizer cost Matt Miles—a corn, soybean, rice, and cotton farmer in Arkansas—$400 per ton for the 2021 growing season. At $1,100 per ton, Miles faces a 175% price increase for the 2022 …
Jones Lang LaSalle Incorporated: San Diego area mall sells for $ 23.5 million
NEWPORT BEACH, California, December 13, 2021 –JLL Capital Markets today announced the closing of the $ 23.5 million sale of Carlsbad Village Plaza, a 58,735 square foot shopping center anchored by Smart & Final Extra! in the coastal community of the San Diego area of Carlsbad, California. JLL advised the buyer, Tooley Interests, LLC, who …
Australia’s runaway farmland prices are terrifying, at least to this farmer | Pete Mailler
There has been a lot of angst in recent years about housing affordability in Australian cities. That is because, while the meteoric rise in house prices is good for those who own a home, it is a diabolical problem for the economy and society in general. The same thing is happening to agricultural land prices, …
Nervous oil market could trigger Permian consolidation
The U.S. shale industry first experienced a wave of consolidation in 2015 when prices fell after Saudi Arabia fully turned on the taps in response to growing shale production. Since then, consolidation has continued, albeit unevenly. But he’s about to get some extra momentum. According to industry executives, the recent increase in price volatility will …
ARBOR RAPHA CAPITAL BIOHOLDINGS CORP. I Management report and analysis of the financial situation and operating results. (form 10-Q)
References in this report (the “Quarterly Report”) to “we”, “us” or the “Company” refer to Arbor Rapha Capital Bioholdings Corp. The following discussion and analysis of the financial condition and results of operations of the Company should be read in conjunction with the financial statements and related notes contained elsewhere in this Quarterly Report. Certain …
Pennsylvania nears universal access to high-speed broadband | News, Sports, Jobs
Submitted by Wayne Campbell President, Pennsylvania State Grange This past summer, two reports were issued that have real meaning to the agricultural community. First was a report from USDAís National Agricultural Statistics Service (NASS) revealing just how much rural Pennsylvania lags behind neighboring states and the entire continental United States digitally. It showed …
Harris Williams advises American Track on its recapitalization with DFW Capital Partners
RICHMOND, Virginia – (COMMERCIAL THREAD) – Harris Williams, a global investment bank specializing in M&A advisory services, announces it has advised American Track, a holding company of Hilltop Private Capital (Hilltop) and PNC Mezzanine Capital (PNC MC), in as part of its recapitalization with DFW Capital Partners (DFW). American Track is a leading provider of …
Jones Lang LaSalle Incorporated: Refinancing of $ 45.5 million obtained for Village Manor and Palisades Manor
MORRISTOWN, December 1, 2021 – JLL Capital Markets today announced that it has set up $ 45.5 million in financing for two multi-unit buildings totaling 321 units in the northern New Jersey communities of Nutley and Palisades Park, New Jersey. JLL worked exclusively for the borrower, Tidewater Real Estate, to place a $ 31.5 million …
Alabama AG Marshall defends Arkansas law banning gender transition treatments for minors
Alabama Attorney General Steve Marshall has filed a brief in a federal appeals court to defend an Arkansas law that prohibits what Marshall called experimental transgender treatments. Alabama led 18 other states in supporting the Arkansas law in a case with the U.S. Court of Appeals for the Eighth Circuit. Arkansas passed a law in …
Raleigh Last Mile Warehouse Sale Close
RALEIGH, NC, November 5, 2021 – JLL Capital Markets today announced the closing of the sale of South 40 Distribution Center, a 502,495 square foot multi-tenant distribution facility located in Raleigh, North Carolina. JLL marketed the property on behalf of the seller, LM Real Estate Partners. Pennybacker Capital acquired the asset. “We are excited to …
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Occidental Petroleum Doubles Profits Thanks to Rising Oil Prices
The Occidental Petroleum logo is displayed on a ground display at the New York Stock Exchange (NYSE) in New York, United States, April 30, 2019. REUTERS / Brendan McDermid HOUSTON, Nov. 4 (Reuters) – Occidental Petroleum Corp (OXY.N) more than doubled third-quarter profit to $ 836 million from the previous three months, the company said …
Lottery.com and Trident Acquisitions Corp. announce the closing of a business combination
Enter Wall Street with StreetInsider Premium. Claim your 1-week free trial here. AUSTIN, Texas, October 29, 2021 (GLOBE NEWSWIRE) – Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company transforming how, where and when the lottery is played, it announced today that it has completed its previously announced business combination with …
Finacity, a White Oak Company, and Bayerische Landesbank
STAMFORD, Connecticut, October 27, 2021 (GLOBE NEWSWIRE) – Finacity Corporation, a White Oak Company, (“Finacity”) and Bayerische Landesbank (“BayernLB”) announce they have successfully launched a trade receivables securitization for a European flexible polyurethane foam products. The 2 year facility is secured by receivables issued by sellers in the UK, the Netherlands, Germany, France, Poland, Romania, …
Defense Affordability: As Defense Spending Declines, It’s Time For A New Approach
United States defense spending has increased dramatically over the past decade. Now, however, we are entering a cycle where the US Department of Defense (DoD) main budget may flatten out and not keep pace with inflation. In addition, all services have urgent and competing needs for modernization and recapitalization. As a result, the Pentagon will …
TA Associates acquires a significant stake in Foncia, a company owned by Partners Group, European leader in property management services
EQS Group-News: Partners Group / Keyword (s): Investment / Private Equity12.10.2021 / 07:00 Baar-Zug, Switzerland; 12 October 2021 Partners Group, a global leader in private markets, is expanding the shareholder base of Foncia (or “the Company”), a leading provider of residential property management services in Europe. The incoming shareholder TA Associates has agreed to acquire …
HealthPlanOne LLC Announces Launch of ClearMatch Medicare Brand and Website | New
TRUMBULL, Connecticut., October 7, 2021 / PRNewswire / – HealthPlanOne LLC, a fast growing company at the crossroads of technology, analytics, marketing and customer experience, today announced the launch of its ClearMatch™ The Medicare brand and ClearMatchMedicare.com, an e-commerce and content site for consumers. ClearMatchMedicare.com provides easy-to-understand, engaging resources and user-friendly e-commerce tools for customers …
One-third of long-term care insurance applicants recover from AALTCI reports
Los Angeles, CA 07 October 2021 – (PR.com) – Nearly one in three people with long-term care insurance policies who initiate a home care claim recover, according to the American Association for Long-Term Care Insurance (AALTCI). “Many people mistakenly believe that most long-term care insurance claims relate to care in skilled nursing facilities,” explains Jesse …
Jones Lang LaSalle Incorporated: Net leased commercial building in Orange County sells for $ 11.29 million
NEWPORT BEACH, California, October 5, 2021 –JLL Capital Markets today announced that it has completed the sale for $ 11.29 million of an 11,838 square foot long-term single-tenant retail building to Walgreens in the Orange County Coastal Market in Huntington Beach, California. JLL marketed the property on behalf of the vendor, Stanford Hotels Group. A …
Wheelock Street Capital announces the acquisition of The Ben
WEST PALM BEACH, Florida, October 04, 2021– (BUSINESS WIRE) – Wheelock Street Capital has announced the acquisition of the Ben – West Palm Beach, a 208-room Marriott luxury hotel located at 251 N Narcissus Avenue in West Palm Beach, Florida. Purpose-built in 2020 as the first Marriott Autograph Collection hotel in Palm Beach County, the …
ECA, African Finance Ministers and IMF discuss changes needed to global financial architecture to support economic recovery on the continent
Download logo Dr Vera Songwe, United Nations Under-Secretary-General and Executive Secretary of the Economic Commission for Africa yesterday met African finance ministers and IMF Managing Director Kristalina Georgieva to discuss how African member states can effectively use SDRs to support their efforts for a green, sustainable and inclusive recovery from the Covid 19 pandemic. African …
2021 Report on the Global Top 6 Agriculture Equipment Manufacturers – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Comparative SWOT & Strategy Focus – 2021-2025 – Global Top 6 Agriculture Equipment Manufacturers – John Deere, CNH Industrial, AGCO, CLAAS, SDF, Kubota Corporation” report has been added to ResearchAndMarkets.com’s offering. The market is expected to grow to a figure of $120 billion while registering a 44% year on year increase despite battling …
Brookfield and Elion Partners Announce $ 1 Billion Partnership
Brookfield Asset Management and Elion Partners, a vertically integrated industry specialist and sponsor of institutional real estate vehicles, announced this week a $ 1 billion strategic partnership that will expand Brookfield Real Estate Secondaries’ logistics portfolio in key infill markets. Brookfield recapitalized Elion Logistics Park 55, a Chicago master plan industrial park with the potential …
FMBN’s bumpy road to recapitalization
A decade after the idea of recapitalizing the Federal Mortgage Bank of Nigeria was conceived, to meet the challenge of the housing deficit plaguing the country, a bureaucratic bottleneck may have crept in; prompting delay in deadline, reports Abdulwahab Isa Making housing accessible, decent and affordable for Nigerian citizens is the federal government’s open declaration …
Biden officials: Grazing lands should count for conservation goals
Millions of acres of public lands leased for grazing livestock should be counted toward the Biden administration’s aggressive conservation pledge, according to top officials with the Interior and Agriculture departments. While the White House has yet to detail how it will tally land for its “America the Beautiful” initiative — the Biden version of what …
Coalition Closes $ 205 Million Series E, Valuing Cyber Insurance Provider Over $ 3.5 Billion
Durable Capital, T. Rowe Price and Whale Rock Capital Co-Lead New Round to Accelerate Coalition’s Mission to Solve Cyber Risk SAN FRANCISCO, September 28, 2021 (GLOBE NEWSWIRE) – Coalition, the leading cyber insurance and security company, today announced it has raised $ 205 million to accelerate growth, expand into new lines of insurance and help …
Some questions of estate planning and business transition to consider before the end of 2021 | Schwabe, Williamson and Wyatt PC
As we move into the final quarter of 2021, there is still a lot to do and plan ahead before the end of the year. There are also timing considerations given the proposed legislative changes and the time required to accomplish some of those elements. You should NOW review your estate planning or year-end business …
Benefits of Family Health Insurance | AFN News
Previous story: BYJU’S appoints Puneet Bhirani as senior vice president of operations Benefits of family health insurance Posted on September 27, 2021 A family health insurance policy provides health care benefits to your entire family, as the name suggests. For any individual, the health of their entire family is very important in the long term. …
It Happened Here: Washington State Agricultural Fair opens in 1894 | Happened
Friday marked the opening day of the Central Washington State Fair, an event that has become, with only a few exceptions, an early autumn tradition in Yakima for the past 127 years. The first opening day of the fair was one of pomp and ceremony, with parades, speeches and horse races. For what was then …
White Oak acquires Finacity in flagship acquisition
San Francisco, United States: White Oak Global Advisors (“White Oak”) has completed the acquisition of Finacity Corporation (“Finacity”), a global leader in working capital and trade finance solutions for global businesses. Finacity creates, structures and places over US $ 100 billion in trade receivables each year with more than 50 leading financial institutions in asset-backed …
What makes a house “uninhabitable” after Hurricane Ida? Louisiana Insurance Companies Won’t Say | New
After Hurricane Laura crossed Lake Charles, John Ieyoub knew his house was uninhabitable. Rain had seeped through holes in the roof, saturating Sheetrock, and utilities like electricity and water would not be restored for weeks. He asked his insurance company to cover the cost of a rental property for his family. But the claims adjuster …
PepsiCo launches pep+ to promote planet, society, health, regenerative agriculture and circular packaging
16 Sep 2021 — PepsiCo is spearheading pep+ (“pep positive”), a refocusing of the company’s key strategic sustainability targets, including prioritizing chickpeas, plant-based proteins and whole grains, while reducing sodium and sugar. The initiative will also guide how PepsiCo improves its business operations, from sourcing ingredients using regenerative agriculture, to manufacturing, packaging …
Huize Partners with Hengqin Life to Launch “Hui Xin An No.5” – Personalized Critical Illness Insurance Product for Children
News and research before you hear about it on CNBC et al. Claim your 1-week free trial for StreetInsider Premium here. SHENZHEN, China, September 02, 2021 (GLOBE NEWSWIRE) – Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a digital insurance products and services platform for the new generation consumers in China, today announced …
Good progress is still in progress
The International Monetary Fund (IMF) says Barbados continues to make “good progress” in implementing the Barbados Economic Recovery and Transformation Program (BERT), while adding that reserves of country changes received another boost. IMF Barbados Mission Chief Bert van Selm, who called the BERT plan “ambitious and comprehensive”, says the progress is being made despite “the …
Starwood Capital Group & Arrow Capital Partners JV Recapitalize Properties Located In Sydney, Melbourne & Brisbane With Altis Property Partners
MIAMI, 23 Aug 2021 / PRNewswire / – A Joint Venture Between A Subsidiary Of Starwood Capital Group, A Leading Global Investment Firm, And Arrow Capital Partners, A Real Estate Investor And Operator, Announces Agreement To Recapitalize Office Portfolio and industrial assets alongside Altis Property Partners. The recapitalization will allow more investment in the portfolio …
Oil prices stable after US call for more oil raises supply concerns, Energy News, ET EnergyWorld
SINGAPORE (Reuters) – Oil prices were flat Thursday after two days of gains after a call from the United States, the world’s largest consumer of oil, to major producers to increase production. Brent crude futures edged up 5 cents to $ 71.49 per barrel at 2:16 GMT, while US West Texas Intermediate (WTI) crude futures …
S&P 500, Dow Dive Amid Lower Oil Prices As Virus Concerns Rise
Stocks fell on Monday, losing momentum after hitting all-time highs late last week. Commodity prices fell as concerns over the spread of the coronavirus resurfaced, with crude oil prices trending sharply lower. The S&P 500 fell as shares of oil companies such as Occidental Petroleum (OXY), Apache Corporation (APA) and Diamondback Energy (FANG) fell. The …
Gulf States Accelerate Asset Sales, Energy News, ET EnergyWorld
DUBAI: Saudi Aramco and other Gulf oil producers follow in Abu Dhabi with plans to raise tens of billions of dollars through sale of stakes in energy assets, capitalizing on rebound in crude prices to attract foreign investors. The movements, in a region traditionally possessive of its refineries, power plants and pipelines, highlight the pressure …
Biden’s big attempt at equity in agriculture hits dead end
DOJ rarely gives up without a fight in such cases, but legal experts say the Biden administration’s best move at the moment might be to huddle with congressional allies and come up with a program more likely to pass muster. Otherwise, they say, there’s a danger of provoking court rulings that might undermine other programs …
Sea-Air-Space 2021 prequel: post-Columbia substructure capability will help alleviate SSN shortage
Artist’s impression of future Columbia-class guided missile submarines. AMERICAN NAVY ARLINGTON, Va .– The nation’s submarine building capability created for the Columbia-class missile submarine (SSBN) program will ultimately help the US Navy increase production of attack submarines (SSN) to alleviate the shortage of attack boats, according to Navy and shipbuilding officials. Under current planning, Navy …
IRG signs long-term land lease on NASA’s New Orleans site
NEW ORLEANS, July 20, 2021 / PRNewswire / – Industrial Realty Group, LLC (IRG), one of the nation’s largest owners of commercial and industrial properties, today announced that it has signed a long-term ground lease with NASA’s Michoud Assembly Facility in New Orleans. Agreement provides IRG with a long-term ground lease for a 50-acre development …
Conservation Reserve Program deadlines approaching
BOZEMAN — Important deadlines for farmers and ranchers are quickly approaching for the the U.S. Department of Agriculture’s Conservation Reserve Program. Signed into law by President Reagan in 1985, the Conservation Reserve Program is one of the largest private land conservation programs in the nation. USDA is reminding landowners of two important enrollment deadlines for …
Timing the market may not be everyone’s game, but here’s what might help investors
Today we are at a time when the bullish outlook for equities and multiple waves of cash rush have driven the stock markets to a high valuation. (Photo: REUTERS) By Dinesh Pangtey Today we are at a time when the bullish outlook for equities and multiple waves of cash rush have driven the stock markets …
Op-Ed: Large-scale solar threatens NJ’s farmland
Jeff Tober There’s no question that we need to significantly increase use of solar and other clean sources of energy as quickly as possible to meet New Jersey’s worthy Energy Master Plan goal of transitioning to 100% clean energy by 2050 and try to prevent the worst effects of climate change. Farms and farmland may very well …
Securing Plant Genebank Collections and Providing Educational Resources For Training Opportunities : USDA ARS
Securing Plant Genebank Collections and Providing Educational Resources For Training Opportunities Contact: Maribel AlonsoEmail: [email protected] July 7, 2021 How many times have you heard, “it is vital to back up all important information to prevent accidental losses?” Scientists at the United States Department of Agriculture (USDA), Agricultural Research Center (ARS), in Fort Collins, CO, are …
Raymond James takes a balanced approach to hiring tech bankers
The trending technology transaction market is driving the demand for industry-focused investment bankers. Raymond James takes a long-term approach to hiring practices regardless of the market cycle. “We’ve been around long enough to see hot markets followed by downturns, so we try to be careful not to over-hire or just hire agencies to execute on-going …
Skepticism welcomes $ 10 million to stem cuts in head injury care rates
June 28, 2021 By Jon King / [email protected] A proposed financial patch that was passed by Michigan House last week to help fill the expected rate cut for rehabilitation facilities and home care providers under the state’s auto insurance law is viewed with suspicion by many people whose loved ones depend on such care, including …
Mike Earnhart Joins White Oak Commercial Finance as Managing Director of Originations | Business
NEW YORK – (BUSINESS WIRE) – June 25, 2021– White Oak Commercial Finance (“White Oak”), a subsidiary of White Oak Global Advisors, is pleased to welcome Mike Earnhart as Senior Vice President, General Manager of Origination. Mr. Earnhart will be based in Los Angeles with national coverage responsibilities. This press release features multimedia. See the …
“The main reason for the rise in oil prices …”, explains Oil Minister Dharmendra Pradhan
As fuel prices continue to dig into the pockets of all consumers, Dharmendra Pradhan, Union Minister of Oil and Natural Gas, reiterated that gasoline’s upward trajectory is driven by global prices rough. “There has been a rise in the prices of crude oil in the international market. One of the main reasons for the rise …
Denied, delayed or underpaid home insurance claim?
collect wastewater from the garage MONTGOMERY, Texas, United States, June 21, 2021 /EINPresswire.com/ – Insurance experts stink in more ways than one.Many insurance companies consider plumbing part of the homeowner’s routine maintenance. The maintenance is entirely the responsibility of the owner. Pipe damage that develops over time due to lack of maintenance is usually not …
AG Jennings announces more than 120 charges in NorthPak gang indictment
AG Jennings announces more than 120 charges in NorthPak gang indictment – State of Delaware News Read the latest news on coronavirus in Delaware. More Info NEWS FEED State Auditor McGuiness Demands $24.5M in Overcharges Back From State Employees’ PBM, Express ScriptsDate Posted: June 21, 2021 AG Jennings announces more than 120 charges in NorthPak …
Home insurance: Everything about the Bharat Griha Rakshak policy
Experts say that such a policy can help increase home insurance penetration which is very low in the country. Cyclones and frequent flooding in different parts of the country, leaving damaged buildings behind, have underscored the importance of a home insurance policy. Following directives from the insurance regulator, general insurance companies launched standard home insurance …
TUSK Partners advises Spark Orthodontics on its recapitalization and growth capital led by Rock Mountain Capital
We are delighted to have helped form a new PE-supported DSO in the dental economy. Tweet this “TUSK has worked on a number of specialty transactions this year and we especially enjoy working in the orthodontic specialty. It’s rare to work with someone like Dr. Jason hartman who has both a passion for clinical care …
Jones Lang LaSalle Incorporated: Last mile distribution facility in northern New Jersey sells
MORRISTOWN, NJ, June 15, 2021 – JLL Capital Markets today announced the closing of the sale of a fully leased 50,400 square foot last mile distribution facility to a premier multinational tenant in Branchburg, New Jersey. JLL marketed the property on behalf of the seller, Elberon Development Group and The Avidan Group. NorthBridge Partners purchased …
Modern land leases finance growth through flexibility – Commercial Observer
What is a land lease? The land lease is more commonly used than you might think. It leverages the value of your land – typically the least revenue-generating segment of your assets – by separating ownership from that of the building and other improvements built on the land. Widely used by well-known national chains, such …
Florida Property Insurance Reform Continues With Signing Of SB 76
Florida Governor Ron DeSantis enacted the latest addition to efforts to reform Florida’s property insurance market as lawmakers try to stem price hikes and curb insurance litigation that has swelled claims.Governor Ron DeSantis signed Senate Bill (SB) 76, which is his latest commitment to Florida insurance reform. This specific bill restructures the litigation rules for …
Canadian oil industry bullish as prices rebound
Canada’s oil and gas industry is increasingly optimistic about its near-term future as economies recover and oil prices recover. Yet the industry faces growing challenges in the medium to long term, primarily in the form of the never-ending battle over pipeline carrying capacity and the environmental and activist emergency of shareholders to hold the oil …
AM Best affirms Scotia Reinsurance Limited credit ratings
OLDWICK, New Jersey – (COMMERCIAL THREAD) –AM Best confirmed the financial strength rating of A (excellent) and the long-term issuer credit rating of “a +” (excellent) of Scotia Reinsurance Limited (Scotia Re) (Barbados). The outlook for these credit ratings (ratings) is stable. The ratings reflect the strength of Scotia Re’s balance sheet, which AM Best …
Native: Calls to the Annual Meeting of Shareholders to change name, board, strategic direction and approve recapitalization
Ad hoc disclosure Native SA calls for annual meeting of shareholders to change name, board and strategy Direction and approval of recapitalization June 8, 2021, Basel, Switzerland – The board of directors of The Native SA (NTIV, or the “Company”) today approved the agenda for the annual general meeting of shareholders (the “AGM”) which will …
Oil prices are trading near their two-year high, but ‘jury is still out’ on recovery in demand
Oil prices hit their highest levels in more than two years, and are expected to end the week with a gain of more than 4%, with traders betting that the recovery in demand this summer will cause crude supplies to tighten. The recovery in demand, however, is not a sure thing. “There are a lot …
Westbury Group advises Growers House on its growth recapitalization by RLJ Equity and Cave Creek Capital
Major hydroponic equipment and supplies omnichannel retail partners with two leading private equity firms. WESTPORT, Connecticut (PRWEB) June 03, 2021 Westbury Group LLC (“Westbury”) today announced the recapitalization of Growers House Holdings LLC (“Growers House”) by RLJ Equity Partners, LLC (“RLJ Equity”) and Cave Creek Capital Management, LLC (“Cave Creek Capital “). The transaction closed …
Oil price hits 2-year high
Oil price hits 2-year highCredit to the private sector; Weekly oil market; inflation gauge; China data What happened? Last week, world crude oil prices rose more than 4% to their highest levels in more than two years. Implications: Rising oil prices will keep the global focus on inflation and, in turn, investors will wonder what …
Biba renews its contract with a professional indemnity broker | Latest news
Biba has renewed for three years his Certified Professional Indemnity (PI) broker contract with Griffiths and Armor. Founded in 1934, broker Griffiths and Armor has over 80 years of experience providing IP coverage to professions such as licensed inspectors. Although it covers many industries, it specializes in construction and has been a Biba Accredited Supplier …
Wheelock Street Capital Announces Acquisition of Perry Lane Hotel, a Luxury Collection Hotel in Savannah | Business
SAVANNAH, Georgia – (BUSINESS WIRE) – May 25, 2021 – Wheelock Street Capital announced that it has acquired Perry Lane Hotel, a member of the Marriott’s Luxury Collection brand, a 167-room, soft-branded luxury hotel located at 256 E Perry Street in Savannah, Georgia. Purpose-built in 2018, the hotel has two 5-story towers with 167 rooms, …
Will the fight against Exxon’s activist investors lead to the Woods Ouster? | Rigzone
(Bloomberg) – An unprecedented fight over who should sit on the board of Exxon Mobil Corp. turns into a referendum on CEO Darren Woods as a decades-long struggle by climate activists comes to a head. Activist investor Engine No. 1 LLC wants to replace a third of Exxon’s board of directors in a bid to …
What would you like to know
MILWAUKEE (CBS 58) – Residents of Wisconsin receiving unemployment insurance must now meet job search conditions that have been temporarily suspended due to the economic effects of the pandemic. A GOP-controlled legislative committee voted on May 19 to reinstate the requirements. The goal is to help a persistent labor shortage in the state recovering from …
Pramerica Life Insurance sets up a special assistance service to simplify the settlement of death claims due to Cyclone Tauktae
NEW DELHI, May 21, 2021 / PRNewswire / – Pramerica Life Insurance has established a “Claims Assistance Service” to provide proactive service to beneficiaries of policyholders affected by Cyclone Tauktae. “At Pramerica Life Insurance, we are committed to providing our full support to bereaved families. We make sure that claims are settled hassle-free for the …
Chef Andrés, former Ag Secretaries Glickman, Veneman headline new task force | 2021-05-04
A new effort from the Bipartisan Policy Center to combat food and nutrition insecurity is headlined by a celebrity chef and former ag secretaries but also includes heavy-hitters from all aspects of food and agriculture. The Bipartisan Policy Center on Tuesday announced its Food and Nutrition Security Task Force, which will be co-chaired by former …
AP Information in Transient at 11:04 p.m. EDT | Agriculture
AP supply: Suspect in Capitol assault suffered delusions WASHINGTON (AP) — The person who rammed a automobile into two officers at a barricade outdoors the U.S. Capitol, killing one among them earlier than he was shot to demise by police, had been affected by delusions, paranoia and suicidal ideas, a U.S. official advised The Related …
Mnuchin: Airlines “top the list” for federal loan assistance
“Are the airlines going to lose a lot of money? Probably,” said Scott Hamilton, industry analyst and chief executive officer of The Leeham Company. “But it’s still too early in my view to seriously suggest that a bailout would be warranted.” Hamilton noted that the September 11, 2001 attacks resulted in an extended flight ban, …
Why the alcohol industry relies heavily on cannabis
The tide has changed for cannabis in the US, and the alcohol industry is taking notice – and increasingly getting into the game. Cannabis sales in the US are expected to reach $21.6 billion in 2021, with cannabis beverage sales accounting for around $210 million BDS Analytics. These blockbuster sales come as cannabis legalization spreads; …
Credit unions raise over $2 million for community COVID-19 relief
Visions of the Federal Credit Union Branch Manager Larysa Goryelova and Business Development Officer Laurie Morano, both with Visions of the Federal Credit Union, show boxes of custom apron donations. Headquartered in Endwell, NY, Visions donated 75 custom aprons to the Academy of Hospitality and Culinary Arts Program at Leonia High School in Leonia, NJ, …
NSFR can resolve questions about Nomura’s balance sheet
A recurring subplot in many explosions has been the use of off-balance sheet financing. Lehman Brothers used the now infamous “Repo 105” accounting trick to hide its true leverage. MF Global used “repos-to-maturity” for the same purpose, while Enron used its special purpose vehicles. So when a reliable source pointed out unusually high levels of …
Government introduces DFI law in Lok Sabha to increase infrastructure funding
The government tabled a bill in parliament on Monday to create a Development Finance Institution (DFI) for long-term infrastructure projects after the Union cabinet approved it last week. The DFI was first announced by Finance Minister Nirmala Sitharaman in the Union budget on February 1st. The National Bank’s Infrastructure and Development Financing Act of 2021 …
RELEASE: New GAP report examines the effects of climate change on the agricultural credit sector
Washington, DC – A new report from the Center for American Progress explores the growing threat of climate change to the agricultural finance sector. From emerging pests and diseases to changing weather patterns, the climate crisis poses extreme risks for farmers and ranchers. If left unchecked, climate change is likely to devastate the agricultural economy …
As Tokyo tightens, US Treasuries wobble
(MENAFN – Asia Times) TOKYO – Did the Bank of Japan (BOJ) just shout “Uncle”? when it widened its bond trading band and signaled its curb on stock purchases? No. But BOJ Governor Haruhiko Kuroda’s mild tightening moves on Friday suggest Tokyo is realizing what it has been doing in recent years is not working. …
Why investing in women and girls is more important than ever today | The new time
Before Covid-19 struck Mali, the 9-year-old Ami was in the second grade of a school in Bamako. With the pandemic, schools closed and Ami and her 7-year-old sister Awa stayed home and did the housework. The schools have now reopened, but the teachers are on strike. There is a real danger that none of the …