21 June, 2016 by The TZ Newswire Staff Comments Off on Ugly, Tailing 5 Year Auction Sees Lowest Bid To Cover Since 2009
Ugly, Tailing 5 Year Auction Sees Lowest Bid To Cover Since 2009
If yesterday’s 2 Year auction was at best mediocre, today’s auction of $34 billion in 5 Year paper was downright woeful. The high yield of 1.218% tailed the When Issued by a whopping 1.3bps, suggesting far less interest than the market expected. This was confirmed by a look at the fundamentals, which showed a Bid to Cover of just 2.29, far below last month’s 2.60 and below the 12month average of 2.45%. In fact, the Bid to Cover was the lowest since 2009.
21 June, 2016 by The TZ Newswire Staff Comments Off on Companies can now fly drones without a pilot’s license
Companies can now fly drones without a pilot’s license
The Federal Aviation Administration unveiled new rules to govern drone use by commercial operators, The Verge reports.
21 June, 2016 by The TZ Newswire Staff Comments Off on Companies can now fly drones without a pilot’s license
Companies can now fly drones without a pilot’s license
The Federal Aviation Administration unveiled new rules to govern drone use by commercial operators, The Verge reports.
21 June, 2016 by The TZ Newswire Staff Comments Off on 3 Reasons Lennar Stock Could Rise
3 Reasons Lennar Stock Could Rise
Image source: Lennar.
Home builder Lennar’s (NYSE: LEN) business isn’t by any means devoid of risk. While those risks should not be overlooked, there are several trends that could help to drive the homebuilder’s stock higher in the months ahead. Here are three of the most significant.
21 June, 2016 by The TZ Newswire Staff Comments Off on Negative Interest Rates Aren’t Working Because They Haven’t Been Tried
Negative Interest Rates Aren’t Working Because They Haven’t Been Tried
The following article by David Haggith was first published on The Great Recession Blog.
21 June, 2016 by The TZ Newswire Staff Comments Off on TickCOM Launches VisualStation Platform
TickCOM Launches VisualStation Platform
TickCOM’s VisualStation platform has gone live, following a lengthy development of a native back office and other utilities.
21 June, 2016 by The TZ Newswire Staff Comments Off on City officials argue over Ladies’ Mile rezoning
City officials argue over Ladies’ Mile rezoning
City officials are arguing over whether a residential development in the Flatiron District’s Ladies’ Mile Historic District should be forced to include affordable units. The decision could have broader implications for the de Blasio administration’s zoning plan. The Mendlowits family, affiliated with the entity 42 West 18th Street Realty Corp., requested a special permit form the city planning commission to build a 188,800-square-foot mixed-use building with 66 market-rate apartments on the lot.