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President-elect Donald Trump has been at odds with Federal Reserve Chair Jerome Powell throughout his election campaign that ended with him winning the top seat at the White House during this week's race.
That has fueled speculation that Trump may pressure Powell to leave his post when the next president is sworn into office in January. Powell was clear in saying he has no plans of quitting.
At Thursday's press c...
That has fueled speculation that Trump may pressure Powell to leave his post when the next president is sworn into office in January. Powell was clear in saying he has no plans of quitting.
At Thursday's press c...
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$Li Auto (LI.US)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$ This is the standard Feb report dip that you see every year with Chinese companies. China effectively shuts down for over a week in Feb due to Chinese New Year. Great time to buy if you're looking to accumulate more, but add slowly... last year it dipped particularly hard because EV sector as a whole was crashing simultaneously (-20% to -30% selloff first week of March). I suspect this year's dip will be less extreme given the state of...
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merry Christmas and a happy new year to
My Xmas Wishlist 2022
All I want for this Christmas is ….
$Futu Holdings Ltd (FUTU.US)$
cheers to growth and great management! what makes a good run?...... .
My Xmas Wishlist 2022
All I want for this Christmas is ….
$Futu Holdings Ltd (FUTU.US)$
cheers to growth and great management! what makes a good run?...... .
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$Ford Motor (F.US)$ said on Thursday it has launched cash tender offers to buy back up to $5 billion of debt securities. The Dearborn Michigan-based automaker said it is looking to buy back a series of securities that are due between 2023 and 2047 and that it would fund with cash on the balance sheet.“Assuming $5 billion of bonds are tendered, Ford expects to incur a charge in the range of $1.0-1.2 billion for debt extinguishment,” the company said, adding that it expects to classify it as a special item in its fourth-quarter results.
Ford is buying back most of the $8 billion debt that it had raised last year from corporate investors at the start of the coronavirus pandemic to shore up its cash reserves.
The automaker had lost its investment-grade status in March last year as the coronavirus outbreak pummeled vehicle sales and production following which it raised new funds with a three-part debt offering at an interest of between 8.50% and 9.625% on the new debt securities.
Ford is buying back most of the $8 billion debt that it had raised last year from corporate investors at the start of the coronavirus pandemic to shore up its cash reserves.
The automaker had lost its investment-grade status in March last year as the coronavirus outbreak pummeled vehicle sales and production following which it raised new funds with a three-part debt offering at an interest of between 8.50% and 9.625% on the new debt securities.
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