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2021-06-20

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2021-06-20

If you were living in the New York metropolitan area during the 1970s and 1980s, you probably remember the commercials for the Crazy Eddie electronics retail chain.

Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie

2021-06-30

Altimmune Inc. $(ALT)$ shares dropped in the extended session Tuesday after the biotech said it was discontinuing study of a COVID-19 nasal spray vaccine because it didn't work as well as anticipated.

Altimmune stock falls after it drops development of nasal COVID-19 vaccine

2021-06-14

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2021-06-06

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2021-07-07

The Department of Defense said it’s calling off the $10 billion cloud contract that was the subject of a legal battle involving Amazon and Microsoft.

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2021-07-03

On Friday morning, Iceberg Researchannouncedit had taken a short position inAMC Entertainment HoldingsAMC 4.08%. Iceberg said options traders have lost money due to the stock trading sideways for the month of June and that the pump around the stock looks shaky.

AMC Options Traders Aren't Discouraged, Repeatedly Hammer Calls

2021-07-15

(Bloomberg) -- Bed Bath & Beyond Inc.’s shares have almost quadrupled in the past year thanks to pandemic-driven home makeovers and its new-found status as a meme stock. But that party is winding down.

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2021-06-15

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2021-06-12

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How oil soaring to $100 a barrel could be bad for this boom-bust sector and the economy

Go to Tiger App to see more news

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With the resources that apple has, I have confidence in apple.&nbsp;","listText":"Apple of course. With the resources that apple has, I have confidence in apple.&nbsp;","text":"Apple of course. With the resources that apple has, I have confidence in apple.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/432991836537656","isVote":1,"tweetType":1,"viewCount":1899,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":405813522026808,"gmtCreate":1740103432253,"gmtModify":1740103433293,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a>&nbsp;","text":"$Palantir Technologies Inc.(PLTR)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/405813522026808","isVote":1,"tweetType":1,"viewCount":2040,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176027997,"gmtCreate":1626847784419,"gmtModify":1703479223706,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176027997","repostId":"2153619165","repostType":4,"repost":{"id":"2153619165","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626845708,"share":"https://ttm.financial/m/news/2153619165?lang=en_US&edition=fundamental","pubTime":"2021-07-21 13:35","market":"hk","language":"en","title":"HK-listed Immunotech hits near 6-week high as China Resources Pharma buys stake","url":"https://stock-news.laohu8.com/highlight/detail?id=2153619165","media":"Reuters","summary":"** Shares of Immunotech Biopharm Ltd , which makes immune cell products for cancer treatment, rise a","content":"<p>** Shares of Immunotech Biopharm Ltd , which makes immune cell products for cancer treatment, rise as much as 8.9% to HK$20.80, their highest since June 11</p>\n<p>** China Resources Pharmaceutical Group Ltd says unit has agreed to buy 10% of Immunotech from Yue Cheng International Capital, Hualida Development, Ren Xiaojuan and Bei Ni Ltd for HK$799.66 mln ($102.9 mln)</p>\n<p>** Says unit has agreed to buy 51.46 mln existing shares of Beijing-based Immunotech at HK$15.54 each, further developing its business in cellular immunotherapy</p>\n<p>** Shares of China Resources Pharmaceutical rise 1.8%</p>\n<p>** The Hong Kong Hang Seng Commerce &amp; Industry Index slips 0.8%, and the healthcare index falls 1%</p>\n<p>** The Hang Seng China Enterprises Index slides 0.7%, and the benchmark index eases 0.5%</p>\n<p>** By last close, Immunotech shares up 71.7% this year</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HK-listed Immunotech hits near 6-week high as China Resources Pharma buys stake</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHK-listed Immunotech hits near 6-week high as China Resources Pharma buys stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-21 13:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>** Shares of Immunotech Biopharm Ltd , which makes immune cell products for cancer treatment, rise as much as 8.9% to HK$20.80, their highest since June 11</p>\n<p>** China Resources Pharmaceutical Group Ltd says unit has agreed to buy 10% of Immunotech from Yue Cheng International Capital, Hualida Development, Ren Xiaojuan and Bei Ni Ltd for HK$799.66 mln ($102.9 mln)</p>\n<p>** Says unit has agreed to buy 51.46 mln existing shares of Beijing-based Immunotech at HK$15.54 each, further developing its business in cellular immunotherapy</p>\n<p>** Shares of China Resources Pharmaceutical rise 1.8%</p>\n<p>** The Hong Kong Hang Seng Commerce &amp; Industry Index slips 0.8%, and the healthcare index falls 1%</p>\n<p>** The Hang Seng China Enterprises Index slides 0.7%, and the benchmark index eases 0.5%</p>\n<p>** By last close, Immunotech shares up 71.7% this year</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"06978":"永泰生物-B","CAAS":"中汽系统","03320":"华润医药"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153619165","content_text":"** Shares of Immunotech Biopharm Ltd , which makes immune cell products for cancer treatment, rise as much as 8.9% to HK$20.80, their highest since June 11\n** China Resources Pharmaceutical Group Ltd says unit has agreed to buy 10% of Immunotech from Yue Cheng International Capital, Hualida Development, Ren Xiaojuan and Bei Ni Ltd for HK$799.66 mln ($102.9 mln)\n** Says unit has agreed to buy 51.46 mln existing shares of Beijing-based Immunotech at HK$15.54 each, further developing its business in cellular immunotherapy\n** Shares of China Resources Pharmaceutical rise 1.8%\n** The Hong Kong Hang Seng Commerce & Industry Index slips 0.8%, and the healthcare index falls 1%\n** The Hang Seng China Enterprises Index slides 0.7%, and the benchmark index eases 0.5%\n** By last close, Immunotech shares up 71.7% this year","news_type":1,"symbols_score_info":{"06978":0.9,"03320":0.9,"CAAS":0.9}},"isVote":1,"tweetType":1,"viewCount":3234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176024766,"gmtCreate":1626847755655,"gmtModify":1703479223375,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/176024766","repostId":"1103660078","repostType":4,"repost":{"id":"1103660078","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626846356,"share":"https://ttm.financial/m/news/1103660078?lang=en_US&edition=fundamental","pubTime":"2021-07-21 13:45","market":"other","language":"en","title":"Yuan inches higher on heavy corporate dollar selling","url":"https://stock-news.laohu8.com/highlight/detail?id=1103660078","media":"Reuters","summary":"SHANGHAI, July 21 (Reuters) - The yuan inched higher on Wednesday as the greenback paused after its ","content":"<p>SHANGHAI, July 21 (Reuters) - The yuan&nbsp;inched higher on&nbsp;Wednesday as the greenback paused after its recent rallies and&nbsp;as Chinese companies ramped up dollar selling.</p>\n<p>Prior to the market opening, the People's Bank of China&nbsp;(PBOC) set the midpoint rate at 6.4835 per dollar, 20&nbsp;pips firmer than the previous fix of 6.4855.</p>\n<p>In the spot market, onshore yuan opened at 6.4800&nbsp;per dollar and was changing hands at 6.4758 at midday, 86 pips&nbsp;firmer than the previous late session close.</p>\n<p>Several market participants said gains in the yuan starting&nbsp;on Tuesday were supported by heavy dollar selling from&nbsp;corporates and major state-owned banks, prompting some to&nbsp;speculate if authorities were trying to slow the pace of recent&nbsp;yuan weakness and prevent it from breaking through the&nbsp;psychologically important 6.5 per dollar level.</p>\n<p>China's major state-run banks often act as agents for the&nbsp;central bank in the country's FX market, but they also trade on&nbsp;their own behalf.</p>\n<p>Meanwhile, the rebound in the yuan has pushed the its value&nbsp;against its rivals to a more than 5-year high. Yuan's basket&nbsp;index, as measured by the China Foreign Exchange Trade System&nbsp;(CFETS) index, rose to 98.55 on Wednesday, up nearly&nbsp;4% so far this year, according to Reuters' calculations based on&nbsp;official data.</p>\n<p>While many analysts and traders worry that too high an index&nbsp;could weigh on China's export competitiveness, Li Liuyang, chief&nbsp;FX analyst China Merchants Bank, said the effect should be the&nbsp;opposite.</p>\n<p>\"This round of risk aversion sentiment was driven by worries&nbsp;over the pandemic outbreak, and China does a relatively better&nbsp;job controlling the epidemic. Therefore, in the mid- and long-term, it should have a positive impact on China's exports,\" he&nbsp;said, adding the yuan may weaken less against the dollar while&nbsp;continue to rise versus its peers.</p>\n<p>The global dollar index stood at 93.029 by midday,&nbsp;when the offshore yuan was trading at 6.4782 per&nbsp;dollar.</p>\n<p>The yuan market at 0405 GMT:</p>\n<p><b> ONSHORE SPOT:</b></p>\n<p><b> Item Current Previous Change</b></p>\n<p>PBOC midpoint 6.4835 6.4855 0.03%</p>\n<p>Spot yuan 6.4758 6.4844 0.13%</p>\n<p>Divergence from -0.12%</p>\n<p>midpoint*</p>\n<p>Spot change YTD 0.81%</p>\n<p>Spot change since 2005 27.81%</p>\n<p>revaluation</p>\n<p><b> Key indexes:</b></p>\n<p><b> Item Current Previous Change </b></p>\n<p>Thomson 98.63 98.44 0.2</p>\n<p>Reuters/HKEX</p>\n<p>CNH index</p>\n<p>Dollar index 93.029 92.965 0.1</p>\n<ul>\n <li>Divergence of the dollar/yuan exchange rate. Negative number&nbsp;indicates that spot yuan is trading stronger than the midpoint.&nbsp;The People's Bank of China (PBOC) allows the exchange rate to&nbsp;rise or fall 2% from official midpoint rate it sets each&nbsp;morning.</li>\n</ul>\n<p><b> OFFSHORE CNH MARKET </b></p>\n<p><b> Instrument Current Difference from onshore</b></p>\n<p>Offshore spot yuan 6.4782 -0.04%</p>\n<p>Offshore 6.6498 -2.50%</p>\n<p>non-deliverable</p>\n<p>forwards</p>\n<ul>\n <li>Premium for offshore spot over onshore</li>\n</ul>\n<ul>\n <li>Figure reflects difference from PBOC's official midpoint,&nbsp;since non-deliverable forwards are settled against the midpoint.</li>\n</ul>\n<p></p>\n<p><i> (Reporting by Winni Zhou and Andrew Galbraith; Editing by Kim&nbsp;Coghill)</i></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Yuan inches higher on heavy corporate dollar selling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nYuan inches higher on heavy corporate dollar selling\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-21 13:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, July 21 (Reuters) - The yuan&nbsp;inched higher on&nbsp;Wednesday as the greenback paused after its recent rallies and&nbsp;as Chinese companies ramped up dollar selling.</p>\n<p>Prior to the market opening, the People's Bank of China&nbsp;(PBOC) set the midpoint rate at 6.4835 per dollar, 20&nbsp;pips firmer than the previous fix of 6.4855.</p>\n<p>In the spot market, onshore yuan opened at 6.4800&nbsp;per dollar and was changing hands at 6.4758 at midday, 86 pips&nbsp;firmer than the previous late session close.</p>\n<p>Several market participants said gains in the yuan starting&nbsp;on Tuesday were supported by heavy dollar selling from&nbsp;corporates and major state-owned banks, prompting some to&nbsp;speculate if authorities were trying to slow the pace of recent&nbsp;yuan weakness and prevent it from breaking through the&nbsp;psychologically important 6.5 per dollar level.</p>\n<p>China's major state-run banks often act as agents for the&nbsp;central bank in the country's FX market, but they also trade on&nbsp;their own behalf.</p>\n<p>Meanwhile, the rebound in the yuan has pushed the its value&nbsp;against its rivals to a more than 5-year high. Yuan's basket&nbsp;index, as measured by the China Foreign Exchange Trade System&nbsp;(CFETS) index, rose to 98.55 on Wednesday, up nearly&nbsp;4% so far this year, according to Reuters' calculations based on&nbsp;official data.</p>\n<p>While many analysts and traders worry that too high an index&nbsp;could weigh on China's export competitiveness, Li Liuyang, chief&nbsp;FX analyst China Merchants Bank, said the effect should be the&nbsp;opposite.</p>\n<p>\"This round of risk aversion sentiment was driven by worries&nbsp;over the pandemic outbreak, and China does a relatively better&nbsp;job controlling the epidemic. Therefore, in the mid- and long-term, it should have a positive impact on China's exports,\" he&nbsp;said, adding the yuan may weaken less against the dollar while&nbsp;continue to rise versus its peers.</p>\n<p>The global dollar index stood at 93.029 by midday,&nbsp;when the offshore yuan was trading at 6.4782 per&nbsp;dollar.</p>\n<p>The yuan market at 0405 GMT:</p>\n<p><b> ONSHORE SPOT:</b></p>\n<p><b> Item Current Previous Change</b></p>\n<p>PBOC midpoint 6.4835 6.4855 0.03%</p>\n<p>Spot yuan 6.4758 6.4844 0.13%</p>\n<p>Divergence from -0.12%</p>\n<p>midpoint*</p>\n<p>Spot change YTD 0.81%</p>\n<p>Spot change since 2005 27.81%</p>\n<p>revaluation</p>\n<p><b> Key indexes:</b></p>\n<p><b> Item Current Previous Change </b></p>\n<p>Thomson 98.63 98.44 0.2</p>\n<p>Reuters/HKEX</p>\n<p>CNH index</p>\n<p>Dollar index 93.029 92.965 0.1</p>\n<ul>\n <li>Divergence of the dollar/yuan exchange rate. Negative number&nbsp;indicates that spot yuan is trading stronger than the midpoint.&nbsp;The People's Bank of China (PBOC) allows the exchange rate to&nbsp;rise or fall 2% from official midpoint rate it sets each&nbsp;morning.</li>\n</ul>\n<p><b> OFFSHORE CNH MARKET </b></p>\n<p><b> Instrument Current Difference from onshore</b></p>\n<p>Offshore spot yuan 6.4782 -0.04%</p>\n<p>Offshore 6.6498 -2.50%</p>\n<p>non-deliverable</p>\n<p>forwards</p>\n<ul>\n <li>Premium for offshore spot over onshore</li>\n</ul>\n<ul>\n <li>Figure reflects difference from PBOC's official midpoint,&nbsp;since non-deliverable forwards are settled against the midpoint.</li>\n</ul>\n<p></p>\n<p><i> (Reporting by Winni Zhou and Andrew Galbraith; Editing by Kim&nbsp;Coghill)</i></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103660078","content_text":"SHANGHAI, July 21 (Reuters) - The yuan inched higher on Wednesday as the greenback paused after its recent rallies and as Chinese companies ramped up dollar selling.\nPrior to the market opening, the People's Bank of China (PBOC) set the midpoint rate at 6.4835 per dollar, 20 pips firmer than the previous fix of 6.4855.\nIn the spot market, onshore yuan opened at 6.4800 per dollar and was changing hands at 6.4758 at midday, 86 pips firmer than the previous late session close.\nSeveral market participants said gains in the yuan starting on Tuesday were supported by heavy dollar selling from corporates and major state-owned banks, prompting some to speculate if authorities were trying to slow the pace of recent yuan weakness and prevent it from breaking through the psychologically important 6.5 per dollar level.\nChina's major state-run banks often act as agents for the central bank in the country's FX market, but they also trade on their own behalf.\nMeanwhile, the rebound in the yuan has pushed the its value against its rivals to a more than 5-year high. Yuan's basket index, as measured by the China Foreign Exchange Trade System (CFETS) index, rose to 98.55 on Wednesday, up nearly 4% so far this year, according to Reuters' calculations based on official data.\nWhile many analysts and traders worry that too high an index could weigh on China's export competitiveness, Li Liuyang, chief FX analyst China Merchants Bank, said the effect should be the opposite.\n\"This round of risk aversion sentiment was driven by worries over the pandemic outbreak, and China does a relatively better job controlling the epidemic. Therefore, in the mid- and long-term, it should have a positive impact on China's exports,\" he said, adding the yuan may weaken less against the dollar while continue to rise versus its peers.\nThe global dollar index stood at 93.029 by midday, when the offshore yuan was trading at 6.4782 per dollar.\nThe yuan market at 0405 GMT:\n ONSHORE SPOT:\n Item Current Previous Change\nPBOC midpoint 6.4835 6.4855 0.03%\nSpot yuan 6.4758 6.4844 0.13%\nDivergence from -0.12%\nmidpoint*\nSpot change YTD 0.81%\nSpot change since 2005 27.81%\nrevaluation\n Key indexes:\n Item Current Previous Change \nThomson 98.63 98.44 0.2\nReuters/HKEX\nCNH index\nDollar index 93.029 92.965 0.1\n\nDivergence of the dollar/yuan exchange rate. Negative number indicates that spot yuan is trading stronger than the midpoint. The People's Bank of China (PBOC) allows the exchange rate to rise or fall 2% from official midpoint rate it sets each morning.\n\n OFFSHORE CNH MARKET \n Instrument Current Difference from onshore\nOffshore spot yuan 6.4782 -0.04%\nOffshore 6.6498 -2.50%\nnon-deliverable\nforwards\n\nPremium for offshore spot over onshore\n\n\nFigure reflects difference from PBOC's official midpoint, since non-deliverable forwards are settled against the midpoint.\n\n\n (Reporting by Winni Zhou and Andrew Galbraith; Editing by Kim Coghill)","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":3617,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176024634,"gmtCreate":1626847711728,"gmtModify":1703479226206,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176024634","repostId":"1145126756","repostType":4,"isVote":1,"tweetType":1,"viewCount":2754,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176024980,"gmtCreate":1626847693040,"gmtModify":1703479222368,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176024980","repostId":"1165880037","repostType":4,"repost":{"id":"1165880037","kind":"news","pubTimestamp":1626846705,"share":"https://ttm.financial/m/news/1165880037?lang=en_US&edition=fundamental","pubTime":"2021-07-21 13:51","market":"us","language":"en","title":"ASML Holding EPS beats by €0.03, misses on revenue","url":"https://stock-news.laohu8.com/highlight/detail?id=1165880037","media":"Seeking Alpha","summary":"ASML Holding NV: Q2 GAAP EPS of €2.52beats by €0.03.\nRevenue of €4B (+20.1% Y/Y) misses by €120M.\nQ2","content":"<ul>\n <li><b><a href=\"https://laohu8.com/S/ASML\">ASML Holding NV</a></b>: Q2 GAAP EPS of €2.52beats by €0.03.</li>\n <li>Revenue of €4B (+20.1% Y/Y)&nbsp;misses by €120M.</li>\n <li>Q2 net bookings of €8.3 billion</li>\n <li>ASML announces a new share buyback program of up to €9 billion to be executed by December 31, 2023.</li>\n <li>\"Our second-quarter net sales came in at €4.0 billion, which is within our guidance. The gross margin came in at 50.9%, above our guidance, which is mainly due to higher revenue in software upgrades as customers want to increase capacity quickly, as well as one-off revenue accounting releases. Our second-quarter net bookings came in at €8.3 billion, including €4.9 billion from EUV systems, bringing the total backlog at €17.5 billion,\"&nbsp;said ASML President and Chief Executive Officer&nbsp;Peter Wennink.</li>\n <li><b>Guidance:</b>&nbsp;The company expects third-quarter net sales between €5.2 billion and €5.4 billion with a gross margin between 51% and 52%, R&amp;D costs of around €645 million and SG&amp;A costs of around €180 million. The estimated annualized effective tax rate is expected to be around 15% for 2021.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ASML Holding EPS beats by €0.03, misses on revenue</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nASML Holding EPS beats by €0.03, misses on revenue\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-21 13:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3717203-asml-holding-eps-beats-by-003-misses-on-revenue><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ASML Holding NV: Q2 GAAP EPS of €2.52beats by €0.03.\nRevenue of €4B (+20.1% Y/Y) misses by €120M.\nQ2 net bookings of €8.3 billion\nASML announces a new share buyback program of up to €9 billion to be ...</p>\n\n<a href=\"https://seekingalpha.com/news/3717203-asml-holding-eps-beats-by-003-misses-on-revenue\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ASML":"阿斯麦"},"source_url":"https://seekingalpha.com/news/3717203-asml-holding-eps-beats-by-003-misses-on-revenue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165880037","content_text":"ASML Holding NV: Q2 GAAP EPS of €2.52beats by €0.03.\nRevenue of €4B (+20.1% Y/Y) misses by €120M.\nQ2 net bookings of €8.3 billion\nASML announces a new share buyback program of up to €9 billion to be executed by December 31, 2023.\n\"Our second-quarter net sales came in at €4.0 billion, which is within our guidance. The gross margin came in at 50.9%, above our guidance, which is mainly due to higher revenue in software upgrades as customers want to increase capacity quickly, as well as one-off revenue accounting releases. Our second-quarter net bookings came in at €8.3 billion, including €4.9 billion from EUV systems, bringing the total backlog at €17.5 billion,\" said ASML President and Chief Executive Officer Peter Wennink.\nGuidance: The company expects third-quarter net sales between €5.2 billion and €5.4 billion with a gross margin between 51% and 52%, R&D costs of around €645 million and SG&A costs of around €180 million. The estimated annualized effective tax rate is expected to be around 15% for 2021.","news_type":1,"symbols_score_info":{"ASML":0.9}},"isVote":1,"tweetType":1,"viewCount":2950,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176025842,"gmtCreate":1626847670686,"gmtModify":1703479221371,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/176025842","repostId":"1109432059","repostType":4,"repost":{"id":"1109432059","kind":"news","pubTimestamp":1626847295,"share":"https://ttm.financial/m/news/1109432059?lang=en_US&edition=fundamental","pubTime":"2021-07-21 14:01","market":"us","language":"en","title":"Jeff Bezos Reveals Blue Origin Has Sold $100M Worth Of Tickets, 'Demand Is Very, Very High'","url":"https://stock-news.laohu8.com/highlight/detail?id=1109432059","media":"Benzinga","summary":"Amazon.com, Inc Chair Jeff Bezos revealed Tuesday that his funded space tourism company Blue Origin ","content":"<div>\n<p>Amazon.com, Inc Chair Jeff Bezos revealed Tuesday that his funded space tourism company Blue Origin has sold $100 million worth of tickets for future flights.\nWhat Happened:“The demand is very, very ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/07/22075328/jeff-bezos-reveals-blue-origin-has-sold-100m-worth-of-tickets-demand-is-very-very-high\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Reveals Blue Origin Has Sold $100M Worth Of Tickets, 'Demand Is Very, Very High'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Reveals Blue Origin Has Sold $100M Worth Of Tickets, 'Demand Is Very, Very High'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-21 14:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/07/22075328/jeff-bezos-reveals-blue-origin-has-sold-100m-worth-of-tickets-demand-is-very-very-high><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com, Inc Chair Jeff Bezos revealed Tuesday that his funded space tourism company Blue Origin has sold $100 million worth of tickets for future flights.\nWhat Happened:“The demand is very, very ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/07/22075328/jeff-bezos-reveals-blue-origin-has-sold-100m-worth-of-tickets-demand-is-very-very-high\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河","AMZN":"亚马逊"},"source_url":"https://www.benzinga.com/news/21/07/22075328/jeff-bezos-reveals-blue-origin-has-sold-100m-worth-of-tickets-demand-is-very-very-high","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109432059","content_text":"Amazon.com, Inc Chair Jeff Bezos revealed Tuesday that his funded space tourism company Blue Origin has sold $100 million worth of tickets for future flights.\nWhat Happened:“The demand is very, very high,” Bezos said at the post-flight presentation of Blue Origin.\nOn Tuesday, Bezos and three others including the world’s youngest and oldest humans to have reached space, successfully flewonboard the New Shepard rocket.\nNo disclosures were made by Bezos on how much it would cost for a seat on New Shepard.\nBezos revealed that Blue Origin is due to fly human missions two more times in 2021 but was “not sure yet” on the number of crewed flights in 2022, as per CNBC.\nWhy It Matters:Among the four passengers that flew to space on Tuesday with Blue Origin, only the 18-year-old Oliver Daemen was a paying one.\nAn anonymous person who originally bid $28 billion to fly with Bezos did not do so due to “scheduling conflicts,” as per Blue Origin.\nRival Sir Richard Branson-founded Virgin Galactic Holdings has600 reservationsfrom paying customers who are willing to shell out between $200,000 to $250,000 to go to space.\nAmong the celebrities going to space with Virgin Galactic include Justin Bieber,Leonardo DiCaprio,and Tesla IncTSLA 2.21%and SpaceX CEO Elon Musk.\nWally Funk, the co-passenger of Bezos, who at age 82 became the oldest person to go to space, has alsoplaced a depositto fly with Virgin Galactic.","news_type":1,"symbols_score_info":{"SPCE":0.9,"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":4053,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171418658,"gmtCreate":1626755681374,"gmtModify":1703764603421,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/171418658","repostId":"1129846769","repostType":4,"repost":{"id":"1129846769","kind":"news","pubTimestamp":1626751789,"share":"https://ttm.financial/m/news/1129846769?lang=en_US&edition=fundamental","pubTime":"2021-07-20 11:29","market":"us","language":"en","title":"Worried about inflation? Here’s how investments did in the 1970s","url":"https://stock-news.laohu8.com/highlight/detail?id=1129846769","media":"Marketwatch","summary":"In the 1990s movie The Shipping News, an old newspaperman explains to Kevin Spacey how to cover the ","content":"<p>In the 1990s movie The Shipping News, an old newspaperman explains to Kevin Spacey how to cover the news. If there is a storm visible anywhere, he explains, you write “Storm threatens the town,” even if the storm is nowhere near and is unlikely to hit. If—as expected—the storm never hits, you just write the follow up: “Town spared by storm.”</p>\n<p>Readers may be excused for thinking something similar about the latest stories about looming, threatening, surging, terrifying inflation. Yes, the inflation forecasts were surging months ago, and hit 8-year highs. Had they continued there would be grounds to worry. But they haven’t continued. On the contrary, they’ve been falling for two months. The bond market’s 5-year inflation forecast is now lower than it was in mid-March. The market sees five-year inflation running at around 2.6%. That’s higher than we’ve been used to for a decade, but it’s nothing to cause any significant alarm.</p>\n<p>That can change, of course. Maybe it will. We’ll see.</p>\n<p>But with all this talk I got to thinking about the obvious question. If serious inflation really does hit, what can we do about it? How can we protect our investments?</p>\n<p>That’s an especially key question for today’s retirees and those expecting to retire soon. When we’re older we’re generally advised to keep most of our money in more “conservative” investments, meaning things like bonds, that involve less risk. Someone in their 20s or 30s may not worry unduly if their retirement savings plunge 30% in a market rout or an inflationary spiral. For someone in their 60s, let alone older, that can become a major financial crisis.</p>\n<p>So I went back and dug up the information from the last, infamous inflationary spiral in the 1970s, when consumer price inflation often topped 10% a year. The Greek philosopher Heraclitus pointed out that no one ever walks through the same stream twice, because the second time it’s not the same stream, and we’re not the same person. Everything changes. There is no guarantee the next inflationary boom, even if it happens, will look anything like the last one — any more than we should assume that it will be accompanied by outbreaks of disco music and flared jeans.</p>\n<p>Nonetheless the chart above shows the total returns, after adjusting for inflation, of various asset classes from December 1971 to December 1981. (I used those dates because the National Association of Real Estate Investment Trusts, or NAREIT, starts their data series then.) The data on energy stocks came from data compiled by professor Ken French at Dartmouth College’s Tuck School of Business.</p>\n<p>This is what happened to your purchasing power if you invested in these assets and hung on for 10 years. (I’ve excluded gold, which is a different story.)</p>\n<p>The key standout is that you really didn’t want to own Treasury bonds. The near 40% loss of purchasing power over 10 years is somewhat notional—it is derived from the compound annual returns on 10 Year Treasurys compiled by New York University’s Stern School of Business, divided by the consumer-price index—but tells a story nonetheless. (In Great Britain, where inflation was even worse, government bonds during the 1970s became known as “certificates of confiscation.” Ouch.)</p>\n<p>Holding them cost you money. Lots of it.</p>\n<p>You could argue that the danger today is even greater, simply because the yields on long-term Treasury bonds are so low. Federal Reserve quantitative easing, bond buying, and zero interest-rate policies have left Treasury yields at their lowest on record—which means the turns would be a disaster if inflation reared its head.</p>\n<p>Corporate bonds and the S&amp;P 500&nbsp;were also terrible investments. It’s worth remembering that these are real term losses over a decade, which means investors didn’t just lose a lot of money—they also lost a lot of time.</p>\n<p>Utility stocks weren’t great, but they held up better. And Treasury bills—short-term paper—did better still. But once again you were going backward when you needed to be going forwards.</p>\n<p>No one who remembers the 1970s will be surprised that energy companies boomed. Less well-remembered, maybe, is that REITs also did pretty well. These numbers, incidentally, represented property-owning REITs and excluded mortgage REITs, which own loans.</p>\n<p>But there are two caveats to this. The first is that of course energy stocks did well, because a key driver of inflation in the 1970s was the rise of OPEC and two oil embargoes it imposed on the West for political reasons. Cue Heraclitus. There is no particular reason to assume that the next inflationary surge will be the same.</p>\n<p>The second caveat is that although REITs ended up doing well, they were volatile along the way. In particular, REIT prices collapsed in the OPEC-driven recession of 1972-4. And according to FactSet, U.S. REITs today already look pretty expensive on some measures. For instance it reckons that the forecast dividend yield on the Vanguard Real Estate ETF (a reasonable benchmark for the industry) is just 2.9% — by far the lowest since it was launched in 2004. Looking through NAREIT data, I can’t find a moment since 1971 when the overall yield on REITs was this low. During the real estate bubble in 2007, incidentally, the yield bottomed out no lower than 3.6%</p>\n<p>So it may be that REITs offer less inflation protection today than we would hope.</p>\n<p>One key difference in the 1970s is that there were no “inflation-protected” Treasury bonds to keep investors protected. So-called TIPS are in theory almost the perfect investment for retirees. They are issued by the U.S. government and their coupons are safe against default. Meanwhile their coupons effectively adjust to reflect changes in consumer prices.</p>\n<p>The problem today is that TIPS—like almost everything else in the bond market—look incredibly expensive. Most TIPS already lock in an actual loss of purchasing power if you buy them today. For example if you buy 5 year TIPS bonds and hold them for 5 years you’ll end up losing 9% of your purchasing power. And 30-year TIPS bonds offer the same 9% loss, though stretched out over 30 years.</p>\n<p>It’s not very compelling. And it shows the risks that the government’s policy responses have created for those in retirement and near it.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Worried about inflation? Here’s how investments did in the 1970s</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWorried about inflation? Here’s how investments did in the 1970s\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-20 11:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/worried-about-inflation-heres-how-investments-did-in-the-1970s-11626658251?siteid=yhoof2><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the 1990s movie The Shipping News, an old newspaperman explains to Kevin Spacey how to cover the news. If there is a storm visible anywhere, he explains, you write “Storm threatens the town,” even ...</p>\n\n<a href=\"https://www.marketwatch.com/story/worried-about-inflation-heres-how-investments-did-in-the-1970s-11626658251?siteid=yhoof2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/worried-about-inflation-heres-how-investments-did-in-the-1970s-11626658251?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1129846769","content_text":"In the 1990s movie The Shipping News, an old newspaperman explains to Kevin Spacey how to cover the news. If there is a storm visible anywhere, he explains, you write “Storm threatens the town,” even if the storm is nowhere near and is unlikely to hit. If—as expected—the storm never hits, you just write the follow up: “Town spared by storm.”\nReaders may be excused for thinking something similar about the latest stories about looming, threatening, surging, terrifying inflation. Yes, the inflation forecasts were surging months ago, and hit 8-year highs. Had they continued there would be grounds to worry. But they haven’t continued. On the contrary, they’ve been falling for two months. The bond market’s 5-year inflation forecast is now lower than it was in mid-March. The market sees five-year inflation running at around 2.6%. That’s higher than we’ve been used to for a decade, but it’s nothing to cause any significant alarm.\nThat can change, of course. Maybe it will. We’ll see.\nBut with all this talk I got to thinking about the obvious question. If serious inflation really does hit, what can we do about it? How can we protect our investments?\nThat’s an especially key question for today’s retirees and those expecting to retire soon. When we’re older we’re generally advised to keep most of our money in more “conservative” investments, meaning things like bonds, that involve less risk. Someone in their 20s or 30s may not worry unduly if their retirement savings plunge 30% in a market rout or an inflationary spiral. For someone in their 60s, let alone older, that can become a major financial crisis.\nSo I went back and dug up the information from the last, infamous inflationary spiral in the 1970s, when consumer price inflation often topped 10% a year. The Greek philosopher Heraclitus pointed out that no one ever walks through the same stream twice, because the second time it’s not the same stream, and we’re not the same person. Everything changes. There is no guarantee the next inflationary boom, even if it happens, will look anything like the last one — any more than we should assume that it will be accompanied by outbreaks of disco music and flared jeans.\nNonetheless the chart above shows the total returns, after adjusting for inflation, of various asset classes from December 1971 to December 1981. (I used those dates because the National Association of Real Estate Investment Trusts, or NAREIT, starts their data series then.) The data on energy stocks came from data compiled by professor Ken French at Dartmouth College’s Tuck School of Business.\nThis is what happened to your purchasing power if you invested in these assets and hung on for 10 years. (I’ve excluded gold, which is a different story.)\nThe key standout is that you really didn’t want to own Treasury bonds. The near 40% loss of purchasing power over 10 years is somewhat notional—it is derived from the compound annual returns on 10 Year Treasurys compiled by New York University’s Stern School of Business, divided by the consumer-price index—but tells a story nonetheless. (In Great Britain, where inflation was even worse, government bonds during the 1970s became known as “certificates of confiscation.” Ouch.)\nHolding them cost you money. Lots of it.\nYou could argue that the danger today is even greater, simply because the yields on long-term Treasury bonds are so low. Federal Reserve quantitative easing, bond buying, and zero interest-rate policies have left Treasury yields at their lowest on record—which means the turns would be a disaster if inflation reared its head.\nCorporate bonds and the S&P 500 were also terrible investments. It’s worth remembering that these are real term losses over a decade, which means investors didn’t just lose a lot of money—they also lost a lot of time.\nUtility stocks weren’t great, but they held up better. And Treasury bills—short-term paper—did better still. But once again you were going backward when you needed to be going forwards.\nNo one who remembers the 1970s will be surprised that energy companies boomed. Less well-remembered, maybe, is that REITs also did pretty well. These numbers, incidentally, represented property-owning REITs and excluded mortgage REITs, which own loans.\nBut there are two caveats to this. The first is that of course energy stocks did well, because a key driver of inflation in the 1970s was the rise of OPEC and two oil embargoes it imposed on the West for political reasons. Cue Heraclitus. There is no particular reason to assume that the next inflationary surge will be the same.\nThe second caveat is that although REITs ended up doing well, they were volatile along the way. In particular, REIT prices collapsed in the OPEC-driven recession of 1972-4. And according to FactSet, U.S. REITs today already look pretty expensive on some measures. For instance it reckons that the forecast dividend yield on the Vanguard Real Estate ETF (a reasonable benchmark for the industry) is just 2.9% — by far the lowest since it was launched in 2004. Looking through NAREIT data, I can’t find a moment since 1971 when the overall yield on REITs was this low. During the real estate bubble in 2007, incidentally, the yield bottomed out no lower than 3.6%\nSo it may be that REITs offer less inflation protection today than we would hope.\nOne key difference in the 1970s is that there were no “inflation-protected” Treasury bonds to keep investors protected. So-called TIPS are in theory almost the perfect investment for retirees. They are issued by the U.S. government and their coupons are safe against default. Meanwhile their coupons effectively adjust to reflect changes in consumer prices.\nThe problem today is that TIPS—like almost everything else in the bond market—look incredibly expensive. Most TIPS already lock in an actual loss of purchasing power if you buy them today. For example if you buy 5 year TIPS bonds and hold them for 5 years you’ll end up losing 9% of your purchasing power. And 30-year TIPS bonds offer the same 9% loss, though stretched out over 30 years.\nIt’s not very compelling. And it shows the risks that the government’s policy responses have created for those in retirement and near it.","news_type":1,"symbols_score_info":{".SPX":0.9,"XOM":0.9}},"isVote":1,"tweetType":1,"viewCount":3116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171418335,"gmtCreate":1626755660127,"gmtModify":1703764603092,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171418335","repostId":"2152666568","repostType":4,"repost":{"id":"2152666568","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626751863,"share":"https://ttm.financial/m/news/2152666568?lang=en_US&edition=fundamental","pubTime":"2021-07-20 11:31","market":"hk","language":"en","title":"HK-listed Mongolian Mining hits over 3-month low on H1 loss estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2152666568","media":"Reuters","summary":"** Shares of Mongolian Mining Corp drop 17% to HK$1.86, lowest since April 19; set for second sessio","content":"<p>** Shares of Mongolian Mining Corp&nbsp;drop 17% to HK$1.86, lowest since April 19; set for second session of decline</p>\n<p>** Stock set for worst day since May 13; among top 10 decliners on the Hong Kong bourse</p>\n<p>** The Chinese coal miner expects to post up to $15 mln loss, excluding any extraordinary items, for the six months ended in June as compared to a net profit of $2.7 mln the same period in 2020</p>\n<p>** Says its sales volume was hit as coal export shipments from Mongolia to China were hit by COVID-19 curbs and limited traffic at Sino-Mongolian border</p>\n<p>** The Hong Kong composite Industry Index tracking energy stocks&nbsp;falls 3.3%, and the material index drops 4%</p>\n<p>** The Hang Seng China Enterprises Index&nbsp;eases 0.7%, and the benchmark index&nbsp;slips 0.4%</p>\n<p>** The stock had soared 83.6% this year as of last close</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HK-listed Mongolian Mining hits over 3-month low on H1 loss estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ 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.h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHK-listed Mongolian Mining hits over 3-month low on H1 loss estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-20 11:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>** Shares of Mongolian Mining Corp&nbsp;drop 17% to HK$1.86, lowest since April 19; set for second session of decline</p>\n<p>** Stock set for worst day since May 13; among top 10 decliners on the Hong Kong bourse</p>\n<p>** The Chinese coal miner expects to post up to $15 mln loss, excluding any extraordinary items, for the six months ended in June as compared to a net profit of $2.7 mln the same period in 2020</p>\n<p>** Says its sales volume was hit as coal export shipments from Mongolia to China were hit by COVID-19 curbs and limited traffic at Sino-Mongolian border</p>\n<p>** The Hong Kong composite Industry Index tracking energy stocks&nbsp;falls 3.3%, and the material index drops 4%</p>\n<p>** The Hang Seng China Enterprises Index&nbsp;eases 0.7%, and the benchmark index&nbsp;slips 0.4%</p>\n<p>** The stock had soared 83.6% this year as of last close</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00975":"MONGOL MINING"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152666568","content_text":"** Shares of Mongolian Mining Corp drop 17% to HK$1.86, lowest since April 19; set for second session of decline\n** Stock set for worst day since May 13; among top 10 decliners on the Hong Kong bourse\n** The Chinese coal miner expects to post up to $15 mln loss, excluding any extraordinary items, for the six months ended in June as compared to a net profit of $2.7 mln the same period in 2020\n** Says its sales volume was hit as coal export shipments from Mongolia to China were hit by COVID-19 curbs and limited traffic at Sino-Mongolian border\n** The Hong Kong composite Industry Index tracking energy stocks falls 3.3%, and the material index drops 4%\n** The Hang Seng China Enterprises Index eases 0.7%, and the benchmark index slips 0.4%\n** The stock had soared 83.6% this year as of last close","news_type":1,"symbols_score_info":{"00975":0.9}},"isVote":1,"tweetType":1,"viewCount":2211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171411873,"gmtCreate":1626755621692,"gmtModify":1703764601775,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/171411873","repostId":"1199590100","repostType":4,"isVote":1,"tweetType":1,"viewCount":3278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171413736,"gmtCreate":1626755600325,"gmtModify":1703764600784,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171413736","repostId":"1166035606","repostType":4,"isVote":1,"tweetType":1,"viewCount":1965,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171413905,"gmtCreate":1626755568407,"gmtModify":1703764599741,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171413905","repostId":"2152652683","repostType":4,"isVote":1,"tweetType":1,"viewCount":1493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173568594,"gmtCreate":1626670940618,"gmtModify":1703763081115,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173568594","repostId":"2152633674","repostType":4,"repost":{"id":"2152633674","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626664993,"share":"https://ttm.financial/m/news/2152633674?lang=en_US&edition=fundamental","pubTime":"2021-07-19 11:23","market":"hk","language":"en","title":"HK-listed Consun Pharma jumps most in nearly 4 months on WuXi AppTec agreement","url":"https://stock-news.laohu8.com/highlight/detail?id=2152633674","media":"Reuters","summary":"** Shares of Consun Pharmaceutical Group Ltd rise 8.7% to HK$5.47, biggest intraday jump since March","content":"<p>** Shares of Consun Pharmaceutical Group Ltd rise 8.7% to HK$5.47, biggest intraday jump since March 23</p>\n<p>** Stock among 30 top gainers on the Hong Kong bourse, hits highest since June 11</p>\n<p>** Guangdong-based co says its unit has entered into a strategic cooperation agreement with WuXi AppTec (Shanghai) Co Ltd, a subsidiary of WuXi AppTec Co Ltd , for R&amp;D of certain innovative drugs and other new drugs for use in treating kidney disease ()</p>\n<p>** Hong Kong shares of Wuxi AppTec climbs 0.4% while Shanghai shares rise 1.8%</p>\n<p>** The Hong Kong Hang Seng Commerce &amp; Industry Index falls 1.6%, while the healthcare index gains 0.7%</p>\n<p>** Both the Hang Seng China Enterprises Index and the benchmark index drop 1.8%</p>\n<p>** As of last close, the stock of Consun had soared 64.9% this year</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HK-listed Consun Pharma jumps most in nearly 4 months on WuXi AppTec agreement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ 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.h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHK-listed Consun Pharma jumps most in nearly 4 months on WuXi AppTec agreement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-19 11:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>** Shares of Consun Pharmaceutical Group Ltd rise 8.7% to HK$5.47, biggest intraday jump since March 23</p>\n<p>** Stock among 30 top gainers on the Hong Kong bourse, hits highest since June 11</p>\n<p>** Guangdong-based co says its unit has entered into a strategic cooperation agreement with WuXi AppTec (Shanghai) Co Ltd, a subsidiary of WuXi AppTec Co Ltd , for R&amp;D of certain innovative drugs and other new drugs for use in treating kidney disease ()</p>\n<p>** Hong Kong shares of Wuxi AppTec climbs 0.4% while Shanghai shares rise 1.8%</p>\n<p>** The Hong Kong Hang Seng Commerce &amp; Industry Index falls 1.6%, while the healthcare index gains 0.7%</p>\n<p>** Both the Hang Seng China Enterprises Index and the benchmark index drop 1.8%</p>\n<p>** As of last close, the stock of Consun had soared 64.9% this year</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01681":"康臣药业","02359":"药明康德"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152633674","content_text":"** Shares of Consun Pharmaceutical Group Ltd rise 8.7% to HK$5.47, biggest intraday jump since March 23\n** Stock among 30 top gainers on the Hong Kong bourse, hits highest since June 11\n** Guangdong-based co says its unit has entered into a strategic cooperation agreement with WuXi AppTec (Shanghai) Co Ltd, a subsidiary of WuXi AppTec Co Ltd , for R&D of certain innovative drugs and other new drugs for use in treating kidney disease ()\n** Hong Kong shares of Wuxi AppTec climbs 0.4% while Shanghai shares rise 1.8%\n** The Hong Kong Hang Seng Commerce & Industry Index falls 1.6%, while the healthcare index gains 0.7%\n** Both the Hang Seng China Enterprises Index and the benchmark index drop 1.8%\n** As of last close, the stock of Consun had soared 64.9% this year","news_type":1,"symbols_score_info":{"01681":0.9,"02359":0.9}},"isVote":1,"tweetType":1,"viewCount":1499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173568899,"gmtCreate":1626670918011,"gmtModify":1703763080625,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173568899","repostId":"1131628595","repostType":4,"repost":{"id":"1131628595","kind":"news","pubTimestamp":1626665643,"share":"https://ttm.financial/m/news/1131628595?lang=en_US&edition=fundamental","pubTime":"2021-07-19 11:34","market":"us","language":"en","title":"Investors are very scared even with stocks near record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1131628595","media":"CNN","summary":"New York The Dow and S&P 500 are both up about 15% in 2021 and are each about a percent away from their all-time highs. But as Friday's market sell-off showed, investors remain extremely nervous about the market.The CNN Business Fear & Greed Index, which looks at seven different measures of market sentiment, is showing signs of Extreme Fear. Four of the seven indicators are in bearish territory.Demand for safe haven bonds is picking up. That's pushed the benchmark 10-year Treasury yield all the ","content":"<p>New York (CNN Business)The Dow and S&amp;P 500 are both up about 15% in 2021 and are each about a percent away from their all-time highs. But as Friday's market sell-off showed, investors remain extremely nervous about the market.</p>\n<p>The CNN Business Fear &amp; Greed Index, which looks at seven different measures of market sentiment, is showing signs of Extreme Fear. Four of the seven indicators are in bearish territory.</p>\n<p>Demand for safe haven bonds is picking up. That's pushed the benchmark 10-year Treasury yield all the way down to 1.3%, compared to a level above 1.75% as recently as March.</p>\n<p>Investors are also buying more put options, contracts that give them the right to sell stocks and other assets at a specific price.</p>\n<p>The number of companies with stocks hitting new 52-week lows versus highs is increasing, and trading volume for stocks that are falling is also outpacing volume for stocks that are climbing. But the solid gains for the FAANGs of Big Tech have helped lift the broader market in spite of this.</p>\n<p>A little bit of fear is healthy</p>\n<p>There are several legitimate reasons for investors to be worried.</p>\n<p>Even though the economy and corporate earnings have rebounded sharply from their pandemic era lows of last spring and early summer, worries persist about the Delta variant and the fact that many Americans remain unvaccinated.</p>\n<p>There are also conflicting signs about the recovery. The US government reported a sharp rebound in retail sales for June on Friday but that was complicated by another report showing a sizable drop in consumer confidence.</p>\n<p>The persistent rise in the prices of many consumer goods is raising inflation alarm bells as well.</p>\n<p>Still, some market experts believe that the skepticism is healthy.</p>\n<p>There's a saying on Wall Street that stocks climb a wall of worry, meaning that it's a good sign if the market is going up even though there are legitimate concerns. The absence of such worry can often lead to excessive speculation and market bubbles.</p>\n<p>\"It's not abnormal after you have a jolt in the economy and market to have lingering fear. It takes a long time for investors to become comfortable with advances in stocks coming off the bottom,\" said Kelly Bogdanova, vice president of the portfolio advisory group with RBC Wealth Management.</p>\n<p>\"I'd rather see some fear than people being complacent. Investors being nervous doesn't trouble me,\" she added.</p>\n<p>Bumpier ride for stocks but path of least resistance is up</p>\n<p>That being said, investors may have to brace themselves for more volatility in the coming months.</p>\n<p>The so-called easy money in stocks may have already been made during this year's stock surge. Bogdanova said that \"the market is now entering a transition period\" and instead of \"explosive growth, it will be a two steps forward and one step back\" type of environment.</p>\n<p>Inflation concerns and skittishness about how the Federal Reserve will react to headlines about higher prices are likely to stick around too. But the recent slide in bond yields might actually be an encouraging sign for investors.</p>\n<p>If the bond market was really that afraid of inflation, yields would be rising instead of falling. Inflation typically leads to much higher interest rates, not the other way around.</p>\n<p>So it would appear that bond investors agree with Fed chair Jerome Powell, who has repeatedly described the current bout of inflation as \"transitory.\"</p>\n<p>\"The bond market is giving the message that inflation concerns are not permanent,\" said Steve Wyett, chief investment strategist with BOK Financial.</p>\n<p>There's also the fact that corporate earnings are expected to keep climbing. That bodes well for stocks.</p>\n<p>According to FactSet, analysts expect corporate profits to rise 24% from a year ago in the third quarter and increase nearly 19% in the fourth quarter. Growth is expected to dip somewhat next year, but analysts are still forecasting a healthy 11% increase in earnings for 2022.</p>\n<p>What's more, profits are climbing even as many companies are raising wages to entice people back into the work force.</p>\n<p>\"There is room for companies to pay more for labor and not hurt their margins,\" Wyett said. \"We should see continued earnings growth. The stage is set to go from a stimulus led recovery to one with private sector expansion.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Investors are very scared even with stocks near record highs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInvestors are very scared even with stocks near record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 11:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/07/17/investing/stocks-fear-greed/index.html><strong>CNN</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business)The Dow and S&P 500 are both up about 15% in 2021 and are each about a percent away from their all-time highs. But as Friday's market sell-off showed, investors remain extremely...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/17/investing/stocks-fear-greed/index.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://edition.cnn.com/2021/07/17/investing/stocks-fear-greed/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131628595","content_text":"New York (CNN Business)The Dow and S&P 500 are both up about 15% in 2021 and are each about a percent away from their all-time highs. But as Friday's market sell-off showed, investors remain extremely nervous about the market.\nThe CNN Business Fear & Greed Index, which looks at seven different measures of market sentiment, is showing signs of Extreme Fear. Four of the seven indicators are in bearish territory.\nDemand for safe haven bonds is picking up. That's pushed the benchmark 10-year Treasury yield all the way down to 1.3%, compared to a level above 1.75% as recently as March.\nInvestors are also buying more put options, contracts that give them the right to sell stocks and other assets at a specific price.\nThe number of companies with stocks hitting new 52-week lows versus highs is increasing, and trading volume for stocks that are falling is also outpacing volume for stocks that are climbing. But the solid gains for the FAANGs of Big Tech have helped lift the broader market in spite of this.\nA little bit of fear is healthy\nThere are several legitimate reasons for investors to be worried.\nEven though the economy and corporate earnings have rebounded sharply from their pandemic era lows of last spring and early summer, worries persist about the Delta variant and the fact that many Americans remain unvaccinated.\nThere are also conflicting signs about the recovery. The US government reported a sharp rebound in retail sales for June on Friday but that was complicated by another report showing a sizable drop in consumer confidence.\nThe persistent rise in the prices of many consumer goods is raising inflation alarm bells as well.\nStill, some market experts believe that the skepticism is healthy.\nThere's a saying on Wall Street that stocks climb a wall of worry, meaning that it's a good sign if the market is going up even though there are legitimate concerns. The absence of such worry can often lead to excessive speculation and market bubbles.\n\"It's not abnormal after you have a jolt in the economy and market to have lingering fear. It takes a long time for investors to become comfortable with advances in stocks coming off the bottom,\" said Kelly Bogdanova, vice president of the portfolio advisory group with RBC Wealth Management.\n\"I'd rather see some fear than people being complacent. Investors being nervous doesn't trouble me,\" she added.\nBumpier ride for stocks but path of least resistance is up\nThat being said, investors may have to brace themselves for more volatility in the coming months.\nThe so-called easy money in stocks may have already been made during this year's stock surge. Bogdanova said that \"the market is now entering a transition period\" and instead of \"explosive growth, it will be a two steps forward and one step back\" type of environment.\nInflation concerns and skittishness about how the Federal Reserve will react to headlines about higher prices are likely to stick around too. But the recent slide in bond yields might actually be an encouraging sign for investors.\nIf the bond market was really that afraid of inflation, yields would be rising instead of falling. Inflation typically leads to much higher interest rates, not the other way around.\nSo it would appear that bond investors agree with Fed chair Jerome Powell, who has repeatedly described the current bout of inflation as \"transitory.\"\n\"The bond market is giving the message that inflation concerns are not permanent,\" said Steve Wyett, chief investment strategist with BOK Financial.\nThere's also the fact that corporate earnings are expected to keep climbing. That bodes well for stocks.\nAccording to FactSet, analysts expect corporate profits to rise 24% from a year ago in the third quarter and increase nearly 19% in the fourth quarter. Growth is expected to dip somewhat next year, but analysts are still forecasting a healthy 11% increase in earnings for 2022.\nWhat's more, profits are climbing even as many companies are raising wages to entice people back into the work force.\n\"There is room for companies to pay more for labor and not hurt their margins,\" Wyett said. \"We should see continued earnings growth. The stage is set to go from a stimulus led recovery to one with private sector expansion.\"","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":932,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173561425,"gmtCreate":1626670848067,"gmtModify":1703763079484,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173561425","repostId":"1101408121","repostType":4,"repost":{"id":"1101408121","kind":"news","pubTimestamp":1626666252,"share":"https://ttm.financial/m/news/1101408121?lang=en_US&edition=fundamental","pubTime":"2021-07-19 11:44","market":"us","language":"en","title":"Big banks are getting even bigger, raising alarms in Washington","url":"https://stock-news.laohu8.com/highlight/detail?id=1101408121","media":"CNN","summary":"New York (CNN Business)Banks have been on a shopping spree for the past year — and that's raising so","content":"<p>New York (CNN Business)Banks have been on a shopping spree for the past year — and that's raising some alarm bells in Washington.</p>\n<p>Senators Elizabeth Warren and Sherrod Brown have been critical of the top banks for their dealmaking, citing concerns that the spate of mergers will hurt average consumers and make it tougher for smaller community banks to remain competitive.</p>\n<p>There were 52 banks with more than $50 billion in assets at the end of the first quarter of 2021, up from 39 banks at the end of 2017, according to data from S&amp;P Global Market Intelligence.</p>\n<p>This year alone, PNC (PNC) bought BBVA USA Bancshares, a deal that allowed PNC to become the fifth-largest bank in the United States by assets. And Huntington Bancshares (HBAN) merged with TCF.</p>\n<p>Meanwhile, several other regional banking deals announced earlier this year are pending approval, including M&amp;T Bank's (MTB) purchase of People's United (PBCT), the acquisition of Flagstar Bancorp (FBC) by New York Community Bancorp (NYCB) and a merger between Webster Financial (WBS) and Sterling Bancorp (SBT).</p>\n<p>Congress is partly responsible for bank merger bonanza</p>\n<p>The frenetic pace of bank shotgun weddings is largely a result of changes in financial regulations over the past few years.</p>\n<p>It's no coincidence that there have been a slew of bank mergers since lawmakers ruled in 2018 that banks had to have $250 billion in assets, and not \"just\" $50 billion, in order to be considered systemically important financial institutions (SIFIs) that are subject to more regulations.</p>\n<p>Only a dozen US banks currently are large enough to get a SIFI designation, including JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC), Citigroup (C), Truist (TFC), US Bancorp (USB) and PNC.</p>\n<p>The SIFI change from $50 billion to $250 billion opened the door for many mid-size banks to scoop up rivals without fear that they would suddenly be required to go through more strict and onerous oversight.</p>\n<p>Banks have took advantage of the change and began pairing up. The reasons for doing so are pretty obvious: Larger institutions can cut costs and improve efficiencies to boost profits.</p>\n<p>The pandemic jump-started more deals, too. The Federal Reserve's emergency rate cuts have made it more difficult for banks to make money on loans since interest rates are near zero — and likely to stay there for the foreseeable future.</p>\n<p>That was evident from the latest quarterly results of top banks that were reported this week. Revenue for the second quarter fell at JPMorgan Chase, Bank of America, Citi and BNY Mellon (BK) when compared with a year ago.</p>\n<p>Changes from DC on the horizon?</p>\n<p>But it's not clear how much longer the bank M&amp;A wave will last. It is worth noting that the most recent changes to bank laws in Washington were accomplished during the Trump administration and with a Republican-controlled Senate.</p>\n<p>President Biden recently signaled with a sweeping executive order that he intends to scrutinize mergers more closely than his predecessor.</p>\n<p>Warren, along with Democratic Congressman Jesus \"Chuy\" Garcia, also introduced a Bank Merger Review Modernization Act bill in December 2019 that could possibly be reintroduced now that the Democrats have a slim majority in the Senate due to a tie-breaking vote from Vice President Harris.</p>\n<p>The goal of the Warren-Garcia legislation is to \"end rubber stamping of bank merger applications.\"</p>\n<p>That's likely to get a sympathetic ear from Brown, the Ohio senator who is chair of the Senate's Banking, Housing, and Urban Affairs Committee.</p>\n<p>Brown grilled Federal Reserve chairman Jerome Powell Thursday about bank mergers during Powell's appearance before the committee for his semiannual testimony about the economy.</p>\n<p>\"We can't let big banks merge into bigger and bigger megabanks, making it harder for small banks to compete and leaving rural and Black and brown communities behind,\" Brown said in his prepared remarks to Powell.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big banks are getting even bigger, raising alarms in Washington</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBig banks are getting even bigger, raising alarms in Washington\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 11:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/07/16/investing/bank-mergers-stocks/index.html><strong>CNN</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business)Banks have been on a shopping spree for the past year — and that's raising some alarm bells in Washington.\nSenators Elizabeth Warren and Sherrod Brown have been critical of the ...</p>\n\n<a href=\"https://edition.cnn.com/2021/07/16/investing/bank-mergers-stocks/index.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBT":"Sterling Bancorp, Inc.","FBC":"弗拉格斯塔万通金控","MTB":"美国制商银行","PBCT":"人联金融","WBS":"韦伯斯特金融","PNC":"PNC金融"},"source_url":"https://edition.cnn.com/2021/07/16/investing/bank-mergers-stocks/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101408121","content_text":"New York (CNN Business)Banks have been on a shopping spree for the past year — and that's raising some alarm bells in Washington.\nSenators Elizabeth Warren and Sherrod Brown have been critical of the top banks for their dealmaking, citing concerns that the spate of mergers will hurt average consumers and make it tougher for smaller community banks to remain competitive.\nThere were 52 banks with more than $50 billion in assets at the end of the first quarter of 2021, up from 39 banks at the end of 2017, according to data from S&P Global Market Intelligence.\nThis year alone, PNC (PNC) bought BBVA USA Bancshares, a deal that allowed PNC to become the fifth-largest bank in the United States by assets. And Huntington Bancshares (HBAN) merged with TCF.\nMeanwhile, several other regional banking deals announced earlier this year are pending approval, including M&T Bank's (MTB) purchase of People's United (PBCT), the acquisition of Flagstar Bancorp (FBC) by New York Community Bancorp (NYCB) and a merger between Webster Financial (WBS) and Sterling Bancorp (SBT).\nCongress is partly responsible for bank merger bonanza\nThe frenetic pace of bank shotgun weddings is largely a result of changes in financial regulations over the past few years.\nIt's no coincidence that there have been a slew of bank mergers since lawmakers ruled in 2018 that banks had to have $250 billion in assets, and not \"just\" $50 billion, in order to be considered systemically important financial institutions (SIFIs) that are subject to more regulations.\nOnly a dozen US banks currently are large enough to get a SIFI designation, including JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC), Citigroup (C), Truist (TFC), US Bancorp (USB) and PNC.\nThe SIFI change from $50 billion to $250 billion opened the door for many mid-size banks to scoop up rivals without fear that they would suddenly be required to go through more strict and onerous oversight.\nBanks have took advantage of the change and began pairing up. The reasons for doing so are pretty obvious: Larger institutions can cut costs and improve efficiencies to boost profits.\nThe pandemic jump-started more deals, too. The Federal Reserve's emergency rate cuts have made it more difficult for banks to make money on loans since interest rates are near zero — and likely to stay there for the foreseeable future.\nThat was evident from the latest quarterly results of top banks that were reported this week. Revenue for the second quarter fell at JPMorgan Chase, Bank of America, Citi and BNY Mellon (BK) when compared with a year ago.\nChanges from DC on the horizon?\nBut it's not clear how much longer the bank M&A wave will last. It is worth noting that the most recent changes to bank laws in Washington were accomplished during the Trump administration and with a Republican-controlled Senate.\nPresident Biden recently signaled with a sweeping executive order that he intends to scrutinize mergers more closely than his predecessor.\nWarren, along with Democratic Congressman Jesus \"Chuy\" Garcia, also introduced a Bank Merger Review Modernization Act bill in December 2019 that could possibly be reintroduced now that the Democrats have a slim majority in the Senate due to a tie-breaking vote from Vice President Harris.\nThe goal of the Warren-Garcia legislation is to \"end rubber stamping of bank merger applications.\"\nThat's likely to get a sympathetic ear from Brown, the Ohio senator who is chair of the Senate's Banking, Housing, and Urban Affairs Committee.\nBrown grilled Federal Reserve chairman Jerome Powell Thursday about bank mergers during Powell's appearance before the committee for his semiannual testimony about the economy.\n\"We can't let big banks merge into bigger and bigger megabanks, making it harder for small banks to compete and leaving rural and Black and brown communities behind,\" Brown said in his prepared remarks to Powell.","news_type":1,"symbols_score_info":{"FBC":0.9,"MTB":0.9,"PNC":0.9,"SBT":0.9,"WBS":0.9,"PBCT":0.9}},"isVote":1,"tweetType":1,"viewCount":1229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173561865,"gmtCreate":1626670796357,"gmtModify":1703763079159,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173561865","repostId":"1197809141","repostType":4,"repost":{"id":"1197809141","kind":"news","pubTimestamp":1626666663,"share":"https://ttm.financial/m/news/1197809141?lang=en_US&edition=fundamental","pubTime":"2021-07-19 11:51","market":"hk","language":"en","title":"Evergrande Shares, Bonds Slump After Unit’s Bank Deposit Frozen","url":"https://stock-news.laohu8.com/highlight/detail?id=1197809141","media":"Bloomberg","summary":"(Bloomberg) -- China Evergrande Group’s shares and dollar bonds slumped after a court ordered the fr","content":"<p>(Bloomberg) -- China Evergrande Group’s shares and dollar bonds slumped after a court ordered the freezing of a bank deposit held by its onshore division, raising concern over the company’s ability to repay debts.</p>\n<p>The stock tumbled almost 7% on Monday in Hong Kong trading, while Evergrande’s dollar bond due 2025 fell 2.3 cents on the dollar to 62.7 cents, set for its biggest drop in nearly two weeks, Bloomberg-compiled prices show.</p>\n<p>A court in Jiangsu province ordered the freezing of a 132 million yuan ($20 million) bank deposit held by Hengda Real Estate Group and its unit at the request of China Guangfa Bank Co., according to a court ruling released on July 13 that circulated among traders over the weekend. China Chengxin International Credit Rating Co., the country’s largest credit risk assessor, previously added Hengda Real Estate to a watch list, partly because of past-due commercial bill payments.</p>\n<p>The news deepens concern over the financial health of China’s most indebted developer as Beijing cracks down on excess leverage in the property sector. Founder Hui Ka Yan met last month with officials from the country’s top financial regulator, who urged him to solve Evergrande’s cashflow problems as quickly as possible.</p>\n<p>“Evergrande is on the brink of a crisis,” said Shen Chen, a partner at Shanghai Maoliang Investment Management LLP. “The application for asset freezing and the recent overdue commercial bills indicate that Evergrande’s debt and liquidity situation is deteriorating. The company may find it more difficult to raise funding in the future, whether in public bond markets or shadow banking activities such as trust loans.”</p>\n<p>Evergrande’s main onshore subsidiary had about $32 billion of commercial bills outstanding as of December, the most of any major Chinese real estate company. Some bills issued by its units were earlier this month trading in the secondary market at implied yields as high as 36%, after a series of missed payments this year.</p>\n<p>Guangfa Bank said “the situation is urgent and its legal interest will be irrevocably damaged if it doesn’t immediately file the asset freeze petition,” according to the ruling.</p>\n<p>A representative for Evergrande didn’t immediately respond to an emailed request for comment on Monday.</p>\n<p>The latest news also triggered speculation Evergrande may struggle to get approval for a special dividend at a meeting next week. The stock had jumped almost 10% on Friday after Evergrande said it will consider an additional payout to shore up its share price, which has been trading near a four-year low.</p>\n<p>The stock has fallen 33% in the past three months to lead declines on the MSCI China Real Estate Index. The shares last last traded down 4.5%.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Evergrande Shares, Bonds Slump After Unit’s Bank Deposit Frozen</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEvergrande Shares, Bonds Slump After Unit’s Bank Deposit Frozen\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 11:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/evergrande-shares-bonds-slump-unit-022737268.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- China Evergrande Group’s shares and dollar bonds slumped after a court ordered the freezing of a bank deposit held by its onshore division, raising concern over the company’s ability to...</p>\n\n<a href=\"https://finance.yahoo.com/news/evergrande-shares-bonds-slump-unit-022737268.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03333":"中国恒大"},"source_url":"https://finance.yahoo.com/news/evergrande-shares-bonds-slump-unit-022737268.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197809141","content_text":"(Bloomberg) -- China Evergrande Group’s shares and dollar bonds slumped after a court ordered the freezing of a bank deposit held by its onshore division, raising concern over the company’s ability to repay debts.\nThe stock tumbled almost 7% on Monday in Hong Kong trading, while Evergrande’s dollar bond due 2025 fell 2.3 cents on the dollar to 62.7 cents, set for its biggest drop in nearly two weeks, Bloomberg-compiled prices show.\nA court in Jiangsu province ordered the freezing of a 132 million yuan ($20 million) bank deposit held by Hengda Real Estate Group and its unit at the request of China Guangfa Bank Co., according to a court ruling released on July 13 that circulated among traders over the weekend. China Chengxin International Credit Rating Co., the country’s largest credit risk assessor, previously added Hengda Real Estate to a watch list, partly because of past-due commercial bill payments.\nThe news deepens concern over the financial health of China’s most indebted developer as Beijing cracks down on excess leverage in the property sector. Founder Hui Ka Yan met last month with officials from the country’s top financial regulator, who urged him to solve Evergrande’s cashflow problems as quickly as possible.\n“Evergrande is on the brink of a crisis,” said Shen Chen, a partner at Shanghai Maoliang Investment Management LLP. “The application for asset freezing and the recent overdue commercial bills indicate that Evergrande’s debt and liquidity situation is deteriorating. The company may find it more difficult to raise funding in the future, whether in public bond markets or shadow banking activities such as trust loans.”\nEvergrande’s main onshore subsidiary had about $32 billion of commercial bills outstanding as of December, the most of any major Chinese real estate company. Some bills issued by its units were earlier this month trading in the secondary market at implied yields as high as 36%, after a series of missed payments this year.\nGuangfa Bank said “the situation is urgent and its legal interest will be irrevocably damaged if it doesn’t immediately file the asset freeze petition,” according to the ruling.\nA representative for Evergrande didn’t immediately respond to an emailed request for comment on Monday.\nThe latest news also triggered speculation Evergrande may struggle to get approval for a special dividend at a meeting next week. The stock had jumped almost 10% on Friday after Evergrande said it will consider an additional payout to shore up its share price, which has been trading near a four-year low.\nThe stock has fallen 33% in the past three months to lead declines on the MSCI China Real Estate Index. The shares last last traded down 4.5%.","news_type":1,"symbols_score_info":{"03333":0.9}},"isVote":1,"tweetType":1,"viewCount":970,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173561059,"gmtCreate":1626670728171,"gmtModify":1703763078510,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173561059","repostId":"1111084715","repostType":4,"isVote":1,"tweetType":1,"viewCount":1433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179728102,"gmtCreate":1626578969606,"gmtModify":1703761972670,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/179728102","repostId":"2152368129","repostType":4,"isVote":1,"tweetType":1,"viewCount":892,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179721305,"gmtCreate":1626578902007,"gmtModify":1703761971217,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583568085402852","authorIdStr":"3583568085402852"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/179721305","repostId":"1139907709","repostType":4,"repost":{"id":"1139907709","kind":"news","pubTimestamp":1626568617,"share":"https://ttm.financial/m/news/1139907709?lang=en_US&edition=fundamental","pubTime":"2021-07-18 08:36","market":"hk","language":"en","title":"Wall Street Crime And Punishment: Thomas F. Quinn's Mad, Mad, Mad, Mad World","url":"https://stock-news.laohu8.com/highlight/detail?id=1139907709","media":"Benzinga","summary":"Does crime pay?\nIn August 1988, French authorities arrested an American expatriate named Thomas F. Q","content":"<div>\n<p>Does crime pay?\nIn August 1988, French authorities arrested an American expatriate named Thomas F. Quinn for orchestrating a global securities scheme that defrauded investors out of $500 million.\nAs ...</p>\n\n<a href=\"https://www.benzinga.com/government/21/07/21990476/wall-street-crime-and-punishment-thomas-f-quinns-mad-mad-mad-mad-world\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Crime And Punishment: Thomas F. Quinn's Mad, Mad, Mad, Mad World</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Crime And Punishment: Thomas F. Quinn's Mad, Mad, Mad, Mad World\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 08:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/government/21/07/21990476/wall-street-crime-and-punishment-thomas-f-quinns-mad-mad-mad-mad-world><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Does crime pay?\nIn August 1988, French authorities arrested an American expatriate named Thomas F. Quinn for orchestrating a global securities scheme that defrauded investors out of $500 million.\nAs ...</p>\n\n<a href=\"https://www.benzinga.com/government/21/07/21990476/wall-street-crime-and-punishment-thomas-f-quinns-mad-mad-mad-mad-world\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/government/21/07/21990476/wall-street-crime-and-punishment-thomas-f-quinns-mad-mad-mad-mad-world","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139907709","content_text":"Does crime pay?\nIn August 1988, French authorities arrested an American expatriate named Thomas F. Quinn for orchestrating a global securities scheme that defrauded investors out of $500 million.\nAs an unapologetic financial miscreant with a lifelong penchant for fraud, the French escapade represented something of a career peak for Quinn, whose flair of swindling took on an astonishing level of organizing that left no corner of the world untouched.\nIllusory Assets For Sale:Thomas Francis Quinn was born in Brooklyn in 1932; his father drove a cement truck and his mother was a housewife who made extra money selling clothing and jewelry from the family’s garage.\nQuinn was an altar boy in his childhood and was the first member of his family to pursue higher education, graduating from St. John’s University Law School and passing the bar in 1962.\nQuinn opted to go into business for himself, starting a brokerage firm in New York called Thomas, Williams & Lee.The main focus of this firm became the promotion of Kent Industries,a company that claimed to own Florida property valued at $2 million.\nThere was a slight problem — Kent Industries didn’t own anything in the Sunshine State, and this inconvenient fact helped to introduce Quinn to the U.S. Securities and Exchange Commission (SEC).\nLong story short: Quinn received a lifetime banishment from the SEC in 1966 from doing business with brokers and dealers thanks to what the agency defined as his “flagrant fraudulent practices” related to the Kent Industries assets, which the regulator considered to be “almost completely illusory.”\nThe U.S. Department of Justice (DOJ) was a bit slower in dealing with Quinn, but by 1970 he was sent to jail for six months and was later permanently disbarred from practicing law.\nA Job With The Mob:Prior to losing his law license, Quinn gained a partnership in a New York-based securities law firm that set off several alarms among federal law enforcement agencies. Indeed, an FBI report from 1983 recalled this firm’s chief focus was being responsible for the “funds of hoodlum-controlled companies.”\nQuinn was on both the FBI’s and SEC’s respective radars in the early 1980s for his role with two companies,Sundance Gold Mining and Aquarius Gold Exploration, that claimed to have discovered gold in Suriname. The companies created a flurry of excitement among investors, but an investigation into their operations found a hitherto undeclared connection with the Genovese crime family.\nThe SEC filed a civil complaint against Quinn in 1983, charging him with fraudulently manipulating and promoting the companies’ stocks.\nThree years later, he reached a settlement with the regulator by agreeing to permanently stay away from anything related to securities.\nThe FBI, despite finding Mafia fingerprints in Quinn’s business affairs, declined to press charges against him.\nRealizing that he wore out his welcome in his home country, Quinn and his common-law wife Rochelle Rothfleisch decided to relocate to France and to up his game to an unprecedented operation.\nBoiler Room Follies:The circumstances and details of how Quinn built his swindling masterpiece are a bit fuzzy, but it is believed that the scheme was first hatched in 1984 and was coordinated out of his $6 million villa in the south of France.\nQuinn set up an archipelago of offices in several European countries and in Dubai, Jamaica and the tiny South Pacific island nation of Vanuatu, and he gave them phony names that sounded similar to respectable brokerages.\nEach office was staffed with salesmen who were tasked to sell stocks for 20 U.S. corporations to individual investors around the world. The stocks in question were mostly shell companies trading on the over-the-counter exchanges that Quinn picked up for pennies, but they were resold by Quinn’s salesmen at inflated amounts.\nThe investors were culled from mailing lists sold by publishing companies and professional organizations, as well as from respondents to advertisements placed in newsletters focused on the over-the-counter markets.\nQuinn’s henchmen would telephone the investors — nearly all of whom were novices to investing — and do a high-pressure sales spiel that, more often than not, resulted in the separation of the gullible targets from their money.\nQuinn’s team aimed at European, Australian, Middle Eastern and Hong Kong neophyte investors. The only country off-limits from this scheme was the U.S. Quinn was already on the FBI’s radar and the last thing he wanted was to give them cause to pursue him anew.\nA Temporary Setback: In 1988, Quinn’s arrest in France saw him charged with securities fraud, forgery of administrative documents and the possession of two fake Greek passports. His detention and the subsequent arrest of 20 of his salesmen created a fascinating dilemma for banking and law enforcement agencies in multiple countries.\nFor starters, no one could easily figure out where the majority of Quinn’s $500 million in ill-gotten gains wound up. Transfers were traced through banks in Switzerland, Luxembourg and Gibraltar, as well as the beleaguered Bank of Credit and Commerce International in Tampa, Florida, which gained national attention as a favored depository for those involved in drug money laundering. But where the money eventually landed was anyone’s guess, and Quinn’s talent for adopting aliases to cover his business tracks confounded investigators.\nAlso, it was unclear regarding how many people were swindled. A pair of class-action lawsuits brought out a total of 500 people trying to regain their money, but some observers of this case speculated the number could have been higher — some investors might have seen Quinn’s scam as a means of evading local taxes and foreign currency exchanges and would then have to answer to their authorities if this chicanery came to light.\nThe SEC got into the picture because the stocks being sold in the scheme were all U.S. companies. The agency hosted a meeting in Washington D.C. with law enforcement officers and prosecutors from eight European countries and Australia, with the hopes of sorting out the mess. But since no Americans were defrauded in this elaborate charade, Quinn did not face criminal charges in his own country, although the SEC temporarily froze his U.S. assets.\nIn France, Quinn was initially released after agreeing to reimburse his French victims but was arrested again when the Swiss government demanded his extradition.\nHe came to trial in 1991 and was only sentenced to four years in prison, but his sentence was reduced to include time served and he was extradited to Switzerland.\nHis Alpine detention was brief and by the mid-1990s he returned to the U.S. and rented a luxury home in Greenwich, Connecticut, a swanky suburb of New York City.\nAn Eventual Stumble:One of Quinn’s neighbors in Greenwich wasMartin Frankel,a financier with his own addiction to swindling.\nIn 1999, the Wall Street Journal used anonymous “people familiar with the matter” to claim Quinn assisted Frankel in his efforts to raise money for a controlled investment fund designed to buy insurance companies — but this turned out to be an embezzlement scam that resulted in Frankel fleeing the U.S. to Germany on a phony passport.\nFrankel was eventually extradited and spent nearly two decades in prison, but Quinn was never charged for being a partner in Frankel’s shenanigans.\nFor most of the 1990s and the 2000s, Quinn kept a very low public profile, although law enforcement tracked his travels to such far-flung places as the Maldives and the United Arab Emirates.\nIn 2004, he made a rare appearance at the Irish Derby as the co-owner of the winning thoroughbred Grey Swallow. Photographs of Quinn with the winning racehorse marked the only time that he was ever photographed in a public gathering. (Copyright restrictions prevent us from reprinting the photograph here, butthis linkon the RTE website shows Quinn, standing second from right, at the conclusion of the championship race.)\nIn November 2009, Quinn’s luck finally ran out. On a trip back from Ireland to New York’s JFK International Airport, he was arrested for his role within a ring of embezzlers that sought to defraud a pair of British telecommunications companies out of more than $60 million. The scheme had the global hallmarks of Quinn’s earlier criminal triumph, with funds being disbursed to seven countries across four continents.\nQuinn was immediately jailed upon his arrest and was denied bail because it was feared he would attempt to flee the country. He eventually pleaded guilty to a single count of wire fraud and, despite exhortations to avoid prison due to health problems, he was sentenced in March 2013 to 84 months in prison. He was released in May 2016.\nWhat became of Quinn since his release is unknown. No obituary for him has been published, and he would be 89 years old if he is still alive.\nOne information-tracking website listed him residing at a Brooklyn address, but the website also listed an accompanying telephone number that is not in service. Any readers who may have information on Quinn’s whereabouts should contact us and we will offer an update on his story.\nQuinn rarely spoke to anyone about his criminal activities. During an investigative session after his final arrest, he reportedly would only answer questions through a series of eyelid blinks. When a reporter sought to interview him in 1995, he demanded his privacy.\n\"Just forget me,\" Quinn said. \"I've got a lot of trouble and a lot of personal grief. I'm just trying to get on with my life. I'm not in the securities business and never will be again.\"","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":761,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":165648397,"gmtCreate":1624140695919,"gmtModify":1703829211870,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583568085402852","idStr":"3583568085402852"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":7,"commentSize":20,"repostSize":0,"link":"https://ttm.financial/post/165648397","repostId":"1113942445","repostType":4,"isVote":1,"tweetType":1,"viewCount":956,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3583568085402852","idStr":"3583568085402852"},"content":"This year, earnings reports have been beating expectations at a rising rate, but that momentum could begin to slow.","text":"This year, earnings reports have been beating expectations at a rising rate, but that momentum could begin to slow.","html":"This year, earnings reports have been beating expectations at a rising rate, but that momentum could begin to slow."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165645635,"gmtCreate":1624141213227,"gmtModify":1703829215838,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583568085402852","idStr":"3583568085402852"},"themes":[],"htmlText":"If you were living in the New York metropolitan area during the 1970s and 1980s, you probably remember the commercials for the Crazy Eddie electronics retail chain.","listText":"If you were living in the New York metropolitan area during the 1970s and 1980s, you probably remember the commercials for the Crazy Eddie electronics retail chain.","text":"If you were living in the New York metropolitan area during the 1970s and 1980s, you probably remember the commercials for the Crazy Eddie electronics retail chain.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":10,"repostSize":0,"link":"https://ttm.financial/post/165645635","repostId":"1161408410","repostType":4,"repost":{"id":"1161408410","kind":"news","pubTimestamp":1624065771,"share":"https://ttm.financial/m/news/1161408410?lang=en_US&edition=fundamental","pubTime":"2021-06-19 09:22","market":"us","language":"en","title":"Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie","url":"https://stock-news.laohu8.com/highlight/detail?id=1161408410","media":"benzinga","summary":"Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers,","content":"<div>\n<p>Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161408410","content_text":"Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf you were living in the New York metropolitan area during the 1970s and 1980s, you probably remember the commercials for the Crazy Eddie electronics retail chain. They were impossible to miss: More than 7,500 spots featuring a frenetic, motor-mouthed spokesperson bombilating frenetically about the “in-saaaaaaaaane” discounts offered by the store.\nCrazy Eddie was never the biggest retail operation in the region. At its peak, there were only 43 locations spread across four states.\nBut the ubiquity of the commercials made it seem more prominent than it actually was, and the excess attention eventually brought harsh spotlights on the financial chicanery perpetrated by its chief executive,Eddie Antar.\nAn Audacious Start:Eddie Antar was born in Brooklyn, New York, on Dec. 18, 1947, the grandson of Syrian Jewish immigrants. Antar was an intelligent youth but found school boring, dropping out at 16 to work odd jobs before setting up a small stand at New York’s Port Authority in the heart of Manhattan where he sold portable televisions. While Antar belatedly realized he had the wrong product line in the wrong location, he used the experience to sharpen his sales skills.\nBy 1969, Antar saved up enough money to go into business with his father Sam and cousin named Ronnie Gindi, creating a retail operation called ERS Electronics. They opened an electronics store in the Kings Highway business shopping district in Brooklyn called Sights and Sounds.\nAt the time, small and independently-owned electronics retailers operated at a significant disadvantage against major chains due to the fair trade laws of the era that enabled manufacturers to establish a single standard retail price all retailers needed to list. To stand out from the competition, Antar challenged the laws by marking down his merchandise, thus offering a discount absent elsewhere in this retail sector.\nSome manufacturers got wise to this and refused to do business with Antar, but he circumvented their boycott by purchasing excess stock from other businesses and obtaining products through grey-market channels from overseas sources.\nThe stress was great and Gindi eventually lost interest in the enterprise, selling his one-third of the business to Antar.\nBut how could the store remain afloat financially through its seemingly reckless discounting? As Antar’s father Sam would later recall in an interview, the lo-fi nature of old-school retailing work enabled them to put their ethics on hold.\n“Back then, most customers paid in cash,” he said. “If we don’t disclose the sale, we keep the sales tax. That’s a good cushion to be able to afford to beat the competition.”\nSights and Sounds began to attract bargain hunters from outside of Brooklyn and Antar turned into something of a one-man, in-store comedy show, going so far as taking the shoes of cash-strapped customers who wanted to buy stereos for deposits and jokingly preventing shoppers from leaving unless they made a purchase.\nAntar’s shtick was so amusing that his first wife Deborah came home one evening in 1971 with a story about how one of her co-workers was talking about his shopping trip to Sights and Sounds.\nThe co-worker, who was unaware of Deborah’s connection to the store, talked happily about dealing with a salesperson that he dubbed “Crazy Eddie.” At that point, Antar decided to change the name of Sights and Sounds to Crazy Eddie.\nAn Advertising Assault:The fair trade law that initially stifled Antar and other smaller businesses was repealed in 1972. Antar’s aggressive discounting and colorful personality enabled him to prepare for a business expansion — he moved to a larger store on Kings Highway, then opened a location in the Long Island town of Syosset in 1973 and in the heart of Manhattan in 1975.\nAntar recognized how his larger competitors used advertising to their advantage, and in 1972 he began marketing his business over the airwaves via WPIX-FM, a popular music station that mixed rock oldies with current Top 40 hits. Antar created an ad copy script that would be read live on the air by Jerry Carroll, one of the station’s disk jockeys. But Carroll decided to improvise, reading the copy in a mock-frenzied manner and creating a new closing line with “Crazy Eddie — his prices are in-saaaaaaaaane.”\nRather than be upset by the deviation to the script, Antar was ecstatic with Carroll’s flippant approach as his delivery stood out wildly from the other advertising running on the station. Antar contracted Carroll to be his on-air pitchman for radio, and in 1975 Carroll was brought in front of the cameras for a television campaign.\nIt was through the television commercials Crazy Eddie became the center of consumer attention. For the next 10 years, the commercials offered endless variations on the same set-up: Carroll wore the same outfit — a dark blazer and a turtleneck sweater — and stood surrounded by displays of the electronics being peddled.\nEach commercial ran about 30 seconds, but Carroll spoke so rapidly that it seemed he was trying to cover 60 seconds of a script in half of his allotted time.\nCarroll’s physical delivery was comically spastic, with flailing arms, bulging eyes and the most manic smile this side of the Joker.\nHe would inevitably challenge shoppers to “shop around, get the best prices you can find, then bring ’em to Crazy Eddie and he’ll beat ’em.” And each commercial ended with Carroll stretching his arms out while proclaiming, “Crazy Eddie — his prices are in-saaaaaaaaane.”\nThere would be a few variations to the presentation, including a Christmas season ad campaign and a “Christmas in August” summertime effort with Carroll dressed in a Santa suit while being pelted with Styrofoam snowballs and papery snowflakes.\nA couple of movie spoof spots put Carroll in parodies of “Casablanca,” “Saturday Night Fever,” “Superman” and “10,” and one ad had a man in a gorilla suit grunting dialogue while subtitles offered simian-to-English translations.\nNot So Funny:After the commercials came on in full force, Crazy Eddie generated $350 million in annual revenue during its prime years.\nBut as Crazy Eddie grew, Antar’s approach to business became more problematic: cash payments were not recorded, the sales tax was pocketed and employees received off-the-books pay rather than paychecks that clearly deducted federal and state taxes.\nAntar helped finance his cousin Sam Antar’s college education and brought him on as a chief financial officer, but Sam would later recall this was not done out of love of family.\n“The whole purpose of the business was to commit premeditated fraud,” Sam recounted in an interview with MentalFloss.com. “My family put me through college to help them commit more sophisticated fraud in the future. I was trained to be a criminal.\n\"People have a certain idea of Crazy Eddie — in reality, it was a dark criminal enterprise.”\nAntar initially kept his ill-gotten gains hidden within his home, but later began sending the money far into the world. Offshore bank accounts in Canada, Gibraltar, Israel, Liberia, Luxembourg, Panama and Switzerland were set up, and by the early 1980s, Antar and his family were skimming upwards of $4 million annually in unreported income and unpaid taxes.\nEventually, the graft became too big to easily hide. The solution, Antar theorized, was not to hide but to be in the greatest spotlight imaginable: Antar decided to take Crazy Eddie public.\nHello, Wall Street:Crazy Eddie conducted its initial public offering on Sept. 13, 1984, taking the NASDAQ symbol CRZY. The popularity of the television commercials helped bring in the initial wave of investor interest, while gourmet-level cooked books gave the phony impression of a well-run retail operation.\nTwo years after first trading at $8 a share, Crazy Eddie stock was at a split-adjusted $75 per share.\nWhy Antar believed he could continue with his shenanigans amid the added scrutiny given to public companies is a mystery, but by 1987 he found himself in lethal shoals.\nThe increased retail competition saw Crazy Eddie’s sales decline, resulting in a tumbling stock price.\nAntar announced his resignation in December 1986, but four months later he shocked shareholders by revealing he never stepped down — and while still at the helm, he sold off his shares in the company, gaining about $30 million in the transaction.\nThe company had begun planning to go private when an outside investor group successfully agitated to take over what they believed to be a struggling but respectable company. But when their auditors came in, they were flabbergasted to find grossly exaggerated inventories of up to $28 million, $20 million in phony debit memos to vendors and sales reports that were closer to fiction than accountancy.\nThe chain went bankrupt in 1989 and was forced to shut down its retail network. Federal and state investigations overwhelmed what remained of the Crazy Eddie and Antar was hit with an endless flurry of lawsuits.\n\"By any measure, this is a staggering securities fraud,\" saidMichael Chertoff, the U.S. Attorney for New Jersey, who accused the Antars of creating \"a giant bubble\" rather than a successful business.\nBy 1990, Antar disappeared after failing to appear at a court hearing. He obtained a phony U.S. passport issued to “Harry Page Shalom” and left the country. After a two-year global search, he was located in 1992 in a Tel Aviv suburb living under the name Alexander Stewart.\nAntar was brought back to the U.S. to find his cousin Sam Antar had taken a plea deal with federal prosecutors and agreed to testify against him in court.\n“There’s no better motivator than a 20-year prison term,” Sam Antar stated. “I didn’t cooperate because I found God. I cooperated to save my ass.”\nIn July 2013, Antar was found guilty of 17 counts of fraud and sentenced to 12½ years in prison. Two years later, his verdicts were overturned on appeal.\nRather than face the stress of another trial, Antar pleaded guilty to federal fraud charges in May 1996 and was sentenced in 1997 to eight years in prison.\nThe Legend Lives On:Antar was released after four years in prison and federal law enforcement officials managed to find more than $120 million from his offshore bank accounts, which was repaid to investors.\nSeveral attempts occurred over the subsequent years to revive the Crazy Eddie brand, first as a brick-and-mortar retailer and then as an e-commerce venture, but all of these efforts failed.\nIn June 2019,Jon Turteltaub, the director of the “National Treasure” film franchise, announced plans to make a biopic about Antar. But that project has yet to come to life.\nMany of the Crazy Eddie commercials can be found on YouTube, and marketing experts consider them to be among the most imaginative and successful examples of television advertising.\nAntar stayed out of the public light after leaving prison and died of complications from liver cancer on Sept. 10, 2016. He never publicly spoke about his past, although in a brief late-life exchange with a Newark Star-Ledger reporter he acknowledged the unique impact he had on retailing.\n“Everybody knows Crazy Eddie,” he said. “What can I tell you? I changed the business. I changed the whole business.”","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":829,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153369652,"gmtCreate":1625010470676,"gmtModify":1703849906748,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583568085402852","idStr":"3583568085402852"},"themes":[],"htmlText":"Altimmune Inc. $(ALT)$ shares dropped in the extended session Tuesday after the biotech said it was discontinuing study of a COVID-19 nasal spray vaccine because it didn't work as well as anticipated.&nbsp;","listText":"Altimmune Inc. $(ALT)$ shares dropped in the extended session Tuesday after the biotech said it was discontinuing study of a COVID-19 nasal spray vaccine because it didn't work as well as anticipated.&nbsp;","text":"Altimmune Inc. $(ALT)$ shares dropped in the extended session Tuesday after the biotech said it was discontinuing study of a COVID-19 nasal spray vaccine because it didn't work as well as anticipated.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/153369652","repostId":"2147603368","repostType":4,"repost":{"id":"2147603368","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1625009040,"share":"https://ttm.financial/m/news/2147603368?lang=en_US&edition=fundamental","pubTime":"2021-06-30 07:24","market":"hk","language":"en","title":"Altimmune stock falls after it drops development of nasal COVID-19 vaccine","url":"https://stock-news.laohu8.com/highlight/detail?id=2147603368","media":"Dow Jones","summary":"MW Altimmune stock falls after it drops development of nasal COVID-19 vaccine\nAltimmune Inc. $(ALT)$","content":"<p>MW Altimmune stock falls after it drops development of nasal COVID-19 vaccine</p>\n<p>Altimmune Inc. <a href=\"https://laohu8.com/S/ALT\">$(ALT)$</a> shares dropped in the extended session Tuesday after the biotech said it was discontinuing study of a COVID-19 nasal spray vaccine because it didn't work as well as anticipated. Altimmune shares fell 33% after hours, following a 2.5% decline to close at $15.90. The company called study results of its AdCOVID vaccine \"disappointing\" and said it would focus on its treatments for obesity and liver disease. \"Although antibodies were detected that bound the SARS-CoV-2 Spike protein and neutralized the virus in a subset of subjects, the magnitude of the response and the percent of subjects responding to AdCOVID were substantially lower than what had been demonstrated for other vaccines already authorized for emergency use,\" Altimmune said in a statement. Shares had gained 53% over the past 12 months, compared with a 41% gain on the S&amp;P 500 index .</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Altimmune stock falls after it drops development of nasal COVID-19 vaccine</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAltimmune stock falls after it drops development of nasal COVID-19 vaccine\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-30 07:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>MW Altimmune stock falls after it drops development of nasal COVID-19 vaccine</p>\n<p>Altimmune Inc. <a href=\"https://laohu8.com/S/ALT\">$(ALT)$</a> shares dropped in the extended session Tuesday after the biotech said it was discontinuing study of a COVID-19 nasal spray vaccine because it didn't work as well as anticipated. Altimmune shares fell 33% after hours, following a 2.5% decline to close at $15.90. The company called study results of its AdCOVID vaccine \"disappointing\" and said it would focus on its treatments for obesity and liver disease. \"Although antibodies were detected that bound the SARS-CoV-2 Spike protein and neutralized the virus in a subset of subjects, the magnitude of the response and the percent of subjects responding to AdCOVID were substantially lower than what had been demonstrated for other vaccines already authorized for emergency use,\" Altimmune said in a statement. Shares had gained 53% over the past 12 months, compared with a 41% gain on the S&amp;P 500 index .</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147603368","content_text":"MW Altimmune stock falls after it drops development of nasal COVID-19 vaccine\nAltimmune Inc. $(ALT)$ shares dropped in the extended session Tuesday after the biotech said it was discontinuing study of a COVID-19 nasal spray vaccine because it didn't work as well as anticipated. Altimmune shares fell 33% after hours, following a 2.5% decline to close at $15.90. The company called study results of its AdCOVID vaccine \"disappointing\" and said it would focus on its treatments for obesity and liver disease. \"Although antibodies were detected that bound the SARS-CoV-2 Spike protein and neutralized the virus in a subset of subjects, the magnitude of the response and the percent of subjects responding to AdCOVID were substantially lower than what had been demonstrated for other vaccines already authorized for emergency use,\" Altimmune said in a statement. Shares had gained 53% over the past 12 months, compared with a 41% gain on the S&P 500 index .","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1863,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185623725,"gmtCreate":1623646945667,"gmtModify":1704207774727,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583568085402852","idStr":"3583568085402852"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/185623725","repostId":"1105297799","repostType":4,"isVote":1,"tweetType":1,"viewCount":608,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3585038405943602","authorId":"3585038405943602","name":"Ahleepapa","avatar":"https://static.tigerbbs.com/dcc1fea9c38112b58c68a2d96017330b","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3585038405943602","idStr":"3585038405943602"},"content":"Commented. Pls coMment","text":"Commented. Pls coMment","html":"Commented. Pls coMment"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115383727,"gmtCreate":1622951629269,"gmtModify":1704193685853,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583568085402852","idStr":"3583568085402852"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/115383727","repostId":"2140540596","repostType":4,"isVote":1,"tweetType":1,"viewCount":557,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3564887540980880","authorId":"3564887540980880","name":"Investorpw","avatar":"https://static.tigerbbs.com/d1dd948dbb16b3bc2aece70dc8351fa9","crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"3564887540980880","idStr":"3564887540980880"},"content":"Commented. please respond to my comment","text":"Commented. please respond to my comment","html":"Commented. please respond to my comment"},{"author":{"id":"3578468158955348","authorId":"3578468158955348","name":"Kel9670ong","avatar":"https://static.tigerbbs.com/bd86c42e207fbd94e7f8877a29457d71","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3578468158955348","idStr":"3578468158955348"},"content":"what do you think about this?","text":"what do you think about this?","html":"what do you think about this?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157716607,"gmtCreate":1625615359809,"gmtModify":1703744832506,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583568085402852","idStr":"3583568085402852"},"themes":[],"htmlText":"The Department of Defense said it’s calling off the $10 billion cloud contract that was the subject of a legal battle involving Amazon and Microsoft.","listText":"The Department of Defense said it’s calling off the $10 billion cloud contract that was the subject of a legal battle involving Amazon and Microsoft.","text":"The Department of Defense said it’s calling off the $10 billion cloud contract that was the subject of a legal battle involving Amazon and Microsoft.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/157716607","repostId":"1157091501","repostType":4,"isVote":1,"tweetType":1,"viewCount":882,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152534200,"gmtCreate":1625309521300,"gmtModify":1703740299387,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583568085402852","idStr":"3583568085402852"},"themes":[],"htmlText":"On Friday morning, Iceberg Researchannouncedit had taken a short position inAMC Entertainment HoldingsAMC 4.08%. Iceberg said options traders have lost money due to the stock trading sideways for the month of June and that the pump around the stock looks shaky.","listText":"On Friday morning, Iceberg Researchannouncedit had taken a short position inAMC Entertainment HoldingsAMC 4.08%. Iceberg said options traders have lost money due to the stock trading sideways for the month of June and that the pump around the stock looks shaky.","text":"On Friday morning, Iceberg Researchannouncedit had taken a short position inAMC Entertainment HoldingsAMC 4.08%. Iceberg said options traders have lost money due to the stock trading sideways for the month of June and that the pump around the stock looks shaky.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/152534200","repostId":"1136694264","repostType":4,"repost":{"id":"1136694264","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1625293431,"share":"https://ttm.financial/m/news/1136694264?lang=en_US&edition=fundamental","pubTime":"2021-07-03 14:23","market":"us","language":"en","title":"AMC Options Traders Aren't Discouraged, Repeatedly Hammer Calls","url":"https://stock-news.laohu8.com/highlight/detail?id=1136694264","media":"Benzinga","summary":"On Friday morning, Iceberg Researchannouncedit had taken a short position inAMC Entertainment Holdin","content":"<p>On Friday morning, Iceberg Researchannouncedit had taken a short position in<b>AMC Entertainment Holdings</b>AMC 4.08%. Iceberg said options traders have lost money due to the stock trading sideways for the month of June and that the pump around the stock looks shaky.</p>\n<p>The news didn’t stop institutions from continuously hammering AMC call contracts and on Friday options traders had purchased over $2.59 million worth. The expiration dates for the contracts ranged from today up until Dec. 17 and a few traders chose a strike price of a whopping $145.</p>\n<p>AMC’s stock broke bearishly from a symmetrical triangle it had formed through its sideways trading on Friday, but held a support level at $47.91 and bounced from it. Bulls would like to see the dip continue to be bought and for AMC to end the day by printing a hammer candlestick and closing above the 21-day exponential moving average.</p>\n<p><b>Why It’s Important:</b>When a sweep order occurs, it indicates the trader wanted to get into a position quickly and is anticipating an imminent large move in stock price. A sweeper pays market price for the call or put option instead of placing a bid, which sweeps the order book of multiple exchanges to fill the order immediately.</p>\n<p>These types of call option orders are usually made by institutions, and retail investors can find watching for sweepers useful because it indicates “smart money” has entered into a position.</p>\n<p><b>The AMC Option Trades:</b>Below is a look at the notable options alerts, courtesy ofBenzinga Pro:</p>\n<ul>\n <li>At 9:42 a.m., Friday a trader executed a call sweep near the bid of 265 AMC Entertainment options with a strike price of $59 expiring on July 9. The trade represented a $52,205 bullish bet for which the trader paid $1.97 per option contract.</li>\n <li>At 9:51 a.m., a trader executed a call sweep near the bid of 247 AMC Entertainment options with a strike price of $65 expiring on Aug. 20. The trade represented a $221,065 bullish bet for which the trader paid $8.95 per option contract.</li>\n <li>At 9:52 a.m., a trader executed a call sweep near the bid of 248 AMC Entertainment options with a strike price of $120 expiring on Dec. 17. The trade represented a $260,400 bullish bet for which the trader paid $10.50 per option contract.</li>\n <li>At 9:53 a.m., a trader executed a call sweep near the bid of 356 AMC Entertainment options with a strike price of $65 expiring on Aug. 20. The trade represented a $311,500 bullish bet for which the trader paid $8.75 per option contract.</li>\n <li>At 9:53 a.m., a trader executed a call sweep near the bid of 310 AMC Entertainment options with a strike price of $65 expiring on Aug. 20. The trade represented a $266,600 bullish bet for which the trader paid $8.60 per option contract.</li>\n <li>At 9:56 a.m., a trader executed a call sweep near the bid of 310 AMC Entertainment options with a strike price of $65 expiring on Aug. 20. The trade represented a $266,600 bullish bet for which the trader paid $8.60 per option contract.</li>\n <li>At 9:57 a.m., a trader executed a call sweep near the bid of 300 AMC Entertainment options with a strike price of $28 expiring on July 2. The trade represented a $221,065 bullish bet for which the trader paid $23.40 per option contract.</li>\n <li>At 9:58 a.m., a trader executed a call sweep near the bid of 289 AMC Entertainment options with a strike price of $120 expiring on Dec., 17. The trade represented a $303,450 bullish bet for which the trader paid $10.50 per option contract.</li>\n <li>At 9:58 a.m., a trader executed a call sweep near the bid of 580 AMC Entertainment options with a strike price of $55 expiring on July 16. The trade represented a $278,400 bullish bet for which the trader paid $4.80 per option contract.</li>\n <li>At 10:07 a.m., a trader executed a call sweep near the bid of 258 AMC Entertainment options with a strike price of $80 expiring on July 16. The trade represented a $39,216 bullish bet for which the trader paid $1.52 per option contract.</li>\n <li>At 10:24 a.m., a trader executed a call sweep near the bid of 352 AMC Entertainment options with a strike price of $50 expiring on July 2. The trade represented a $54,560 bullish bet for which the trader paid $1.55 per option contract.</li>\n <li>At 10:26 a.m., a trader executed a call sweep near the bid of 234 AMC Entertainment options with a strike price of $145 expiring on July 23. The trade represented a $39,216 bullish bet for which the trader paid $1.31 per option contract.</li>\n <li>At 10:31 a.m., a trader executed a call sweep near the bid of 224 AMC Entertainment options with a strike price of $145 expiring on Sept. 17. The trade represented a $105,280 bullish bet for which the trader paid $4.70 per option contract.</li>\n <li>At 10:38 a.m., a trader executed a call sweep near the bid of 500 AMC Entertainment options with a strike price of $47 expiring on July 2. The trade represented a $146,000 bullish bet for which the trader paid $2.92 per option contract.</li>\n <li>At 12:02 p.m., a trader executed a call sweep near the bid of 500 AMC Entertainment options with a strike price of $45 expiring on July 9. The trade represented a $305,000 bullish bet for which the trader paid $6.10 per option contract.</li>\n</ul>\n<p><b>AMC Price Action:</b>Shares of AMC Entertainment were trading down 5.3% to $51.33 at publication time.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Options Traders Aren't Discouraged, Repeatedly Hammer Calls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Options Traders Aren't Discouraged, Repeatedly Hammer Calls\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-03 14:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>On Friday morning, Iceberg Researchannouncedit had taken a short position in<b>AMC Entertainment Holdings</b>AMC 4.08%. Iceberg said options traders have lost money due to the stock trading sideways for the month of June and that the pump around the stock looks shaky.</p>\n<p>The news didn’t stop institutions from continuously hammering AMC call contracts and on Friday options traders had purchased over $2.59 million worth. The expiration dates for the contracts ranged from today up until Dec. 17 and a few traders chose a strike price of a whopping $145.</p>\n<p>AMC’s stock broke bearishly from a symmetrical triangle it had formed through its sideways trading on Friday, but held a support level at $47.91 and bounced from it. Bulls would like to see the dip continue to be bought and for AMC to end the day by printing a hammer candlestick and closing above the 21-day exponential moving average.</p>\n<p><b>Why It’s Important:</b>When a sweep order occurs, it indicates the trader wanted to get into a position quickly and is anticipating an imminent large move in stock price. A sweeper pays market price for the call or put option instead of placing a bid, which sweeps the order book of multiple exchanges to fill the order immediately.</p>\n<p>These types of call option orders are usually made by institutions, and retail investors can find watching for sweepers useful because it indicates “smart money” has entered into a position.</p>\n<p><b>The AMC Option Trades:</b>Below is a look at the notable options alerts, courtesy ofBenzinga Pro:</p>\n<ul>\n <li>At 9:42 a.m., Friday a trader executed a call sweep near the bid of 265 AMC Entertainment options with a strike price of $59 expiring on July 9. The trade represented a $52,205 bullish bet for which the trader paid $1.97 per option contract.</li>\n <li>At 9:51 a.m., a trader executed a call sweep near the bid of 247 AMC Entertainment options with a strike price of $65 expiring on Aug. 20. The trade represented a $221,065 bullish bet for which the trader paid $8.95 per option contract.</li>\n <li>At 9:52 a.m., a trader executed a call sweep near the bid of 248 AMC Entertainment options with a strike price of $120 expiring on Dec. 17. The trade represented a $260,400 bullish bet for which the trader paid $10.50 per option contract.</li>\n <li>At 9:53 a.m., a trader executed a call sweep near the bid of 356 AMC Entertainment options with a strike price of $65 expiring on Aug. 20. The trade represented a $311,500 bullish bet for which the trader paid $8.75 per option contract.</li>\n <li>At 9:53 a.m., a trader executed a call sweep near the bid of 310 AMC Entertainment options with a strike price of $65 expiring on Aug. 20. The trade represented a $266,600 bullish bet for which the trader paid $8.60 per option contract.</li>\n <li>At 9:56 a.m., a trader executed a call sweep near the bid of 310 AMC Entertainment options with a strike price of $65 expiring on Aug. 20. The trade represented a $266,600 bullish bet for which the trader paid $8.60 per option contract.</li>\n <li>At 9:57 a.m., a trader executed a call sweep near the bid of 300 AMC Entertainment options with a strike price of $28 expiring on July 2. The trade represented a $221,065 bullish bet for which the trader paid $23.40 per option contract.</li>\n <li>At 9:58 a.m., a trader executed a call sweep near the bid of 289 AMC Entertainment options with a strike price of $120 expiring on Dec., 17. The trade represented a $303,450 bullish bet for which the trader paid $10.50 per option contract.</li>\n <li>At 9:58 a.m., a trader executed a call sweep near the bid of 580 AMC Entertainment options with a strike price of $55 expiring on July 16. The trade represented a $278,400 bullish bet for which the trader paid $4.80 per option contract.</li>\n <li>At 10:07 a.m., a trader executed a call sweep near the bid of 258 AMC Entertainment options with a strike price of $80 expiring on July 16. The trade represented a $39,216 bullish bet for which the trader paid $1.52 per option contract.</li>\n <li>At 10:24 a.m., a trader executed a call sweep near the bid of 352 AMC Entertainment options with a strike price of $50 expiring on July 2. The trade represented a $54,560 bullish bet for which the trader paid $1.55 per option contract.</li>\n <li>At 10:26 a.m., a trader executed a call sweep near the bid of 234 AMC Entertainment options with a strike price of $145 expiring on July 23. The trade represented a $39,216 bullish bet for which the trader paid $1.31 per option contract.</li>\n <li>At 10:31 a.m., a trader executed a call sweep near the bid of 224 AMC Entertainment options with a strike price of $145 expiring on Sept. 17. The trade represented a $105,280 bullish bet for which the trader paid $4.70 per option contract.</li>\n <li>At 10:38 a.m., a trader executed a call sweep near the bid of 500 AMC Entertainment options with a strike price of $47 expiring on July 2. The trade represented a $146,000 bullish bet for which the trader paid $2.92 per option contract.</li>\n <li>At 12:02 p.m., a trader executed a call sweep near the bid of 500 AMC Entertainment options with a strike price of $45 expiring on July 9. The trade represented a $305,000 bullish bet for which the trader paid $6.10 per option contract.</li>\n</ul>\n<p><b>AMC Price Action:</b>Shares of AMC Entertainment were trading down 5.3% to $51.33 at publication time.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136694264","content_text":"On Friday morning, Iceberg Researchannouncedit had taken a short position inAMC Entertainment HoldingsAMC 4.08%. Iceberg said options traders have lost money due to the stock trading sideways for the month of June and that the pump around the stock looks shaky.\nThe news didn’t stop institutions from continuously hammering AMC call contracts and on Friday options traders had purchased over $2.59 million worth. The expiration dates for the contracts ranged from today up until Dec. 17 and a few traders chose a strike price of a whopping $145.\nAMC’s stock broke bearishly from a symmetrical triangle it had formed through its sideways trading on Friday, but held a support level at $47.91 and bounced from it. Bulls would like to see the dip continue to be bought and for AMC to end the day by printing a hammer candlestick and closing above the 21-day exponential moving average.\nWhy It’s Important:When a sweep order occurs, it indicates the trader wanted to get into a position quickly and is anticipating an imminent large move in stock price. A sweeper pays market price for the call or put option instead of placing a bid, which sweeps the order book of multiple exchanges to fill the order immediately.\nThese types of call option orders are usually made by institutions, and retail investors can find watching for sweepers useful because it indicates “smart money” has entered into a position.\nThe AMC Option Trades:Below is a look at the notable options alerts, courtesy ofBenzinga Pro:\n\nAt 9:42 a.m., Friday a trader executed a call sweep near the bid of 265 AMC Entertainment options with a strike price of $59 expiring on July 9. The trade represented a $52,205 bullish bet for which the trader paid $1.97 per option contract.\nAt 9:51 a.m., a trader executed a call sweep near the bid of 247 AMC Entertainment options with a strike price of $65 expiring on Aug. 20. The trade represented a $221,065 bullish bet for which the trader paid $8.95 per option contract.\nAt 9:52 a.m., a trader executed a call sweep near the bid of 248 AMC Entertainment options with a strike price of $120 expiring on Dec. 17. The trade represented a $260,400 bullish bet for which the trader paid $10.50 per option contract.\nAt 9:53 a.m., a trader executed a call sweep near the bid of 356 AMC Entertainment options with a strike price of $65 expiring on Aug. 20. The trade represented a $311,500 bullish bet for which the trader paid $8.75 per option contract.\nAt 9:53 a.m., a trader executed a call sweep near the bid of 310 AMC Entertainment options with a strike price of $65 expiring on Aug. 20. The trade represented a $266,600 bullish bet for which the trader paid $8.60 per option contract.\nAt 9:56 a.m., a trader executed a call sweep near the bid of 310 AMC Entertainment options with a strike price of $65 expiring on Aug. 20. The trade represented a $266,600 bullish bet for which the trader paid $8.60 per option contract.\nAt 9:57 a.m., a trader executed a call sweep near the bid of 300 AMC Entertainment options with a strike price of $28 expiring on July 2. The trade represented a $221,065 bullish bet for which the trader paid $23.40 per option contract.\nAt 9:58 a.m., a trader executed a call sweep near the bid of 289 AMC Entertainment options with a strike price of $120 expiring on Dec., 17. The trade represented a $303,450 bullish bet for which the trader paid $10.50 per option contract.\nAt 9:58 a.m., a trader executed a call sweep near the bid of 580 AMC Entertainment options with a strike price of $55 expiring on July 16. The trade represented a $278,400 bullish bet for which the trader paid $4.80 per option contract.\nAt 10:07 a.m., a trader executed a call sweep near the bid of 258 AMC Entertainment options with a strike price of $80 expiring on July 16. The trade represented a $39,216 bullish bet for which the trader paid $1.52 per option contract.\nAt 10:24 a.m., a trader executed a call sweep near the bid of 352 AMC Entertainment options with a strike price of $50 expiring on July 2. The trade represented a $54,560 bullish bet for which the trader paid $1.55 per option contract.\nAt 10:26 a.m., a trader executed a call sweep near the bid of 234 AMC Entertainment options with a strike price of $145 expiring on July 23. The trade represented a $39,216 bullish bet for which the trader paid $1.31 per option contract.\nAt 10:31 a.m., a trader executed a call sweep near the bid of 224 AMC Entertainment options with a strike price of $145 expiring on Sept. 17. The trade represented a $105,280 bullish bet for which the trader paid $4.70 per option contract.\nAt 10:38 a.m., a trader executed a call sweep near the bid of 500 AMC Entertainment options with a strike price of $47 expiring on July 2. The trade represented a $146,000 bullish bet for which the trader paid $2.92 per option contract.\nAt 12:02 p.m., a trader executed a call sweep near the bid of 500 AMC Entertainment options with a strike price of $45 expiring on July 9. The trade represented a $305,000 bullish bet for which the trader paid $6.10 per option contract.\n\nAMC Price Action:Shares of AMC Entertainment were trading down 5.3% to $51.33 at publication time.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":1416,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578706097211996","authorId":"3578706097211996","name":"qinggg","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3578706097211996","idStr":"3578706097211996"},"content":"iceberg? you mean shell company with 1 single employee based in Thailand?","text":"iceberg? you mean shell company with 1 single employee based in Thailand?","html":"iceberg? you mean shell company with 1 single employee based in Thailand?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144265634,"gmtCreate":1626301760728,"gmtModify":1703757280024,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583568085402852","idStr":"3583568085402852"},"themes":[],"htmlText":"(Bloomberg) -- Bed Bath &amp; Beyond Inc.’s shares have almost quadrupled in the past year thanks to pandemic-driven home makeovers and its new-found status as a meme stock. But that party is winding down.","listText":"(Bloomberg) -- Bed Bath &amp; Beyond Inc.’s shares have almost quadrupled in the past year thanks to pandemic-driven home makeovers and its new-found status as a meme stock. But that party is winding down.","text":"(Bloomberg) -- Bed Bath & Beyond Inc.’s shares have almost quadrupled in the past year thanks to pandemic-driven home makeovers and its new-found status as a meme stock. But that party is winding down.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/144265634","repostId":"2151126005","repostType":4,"isVote":1,"tweetType":1,"viewCount":780,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184276212,"gmtCreate":1623717388636,"gmtModify":1704209329616,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583568085402852","idStr":"3583568085402852"},"themes":[],"htmlText":"Comment&nbsp;","listText":"Comment&nbsp;","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/184276212","repostId":"2143351287","repostType":4,"isVote":1,"tweetType":1,"viewCount":640,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188513995,"gmtCreate":1623454497617,"gmtModify":1704203950875,"author":{"id":"3583568085402852","authorId":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583568085402852","idStr":"3583568085402852"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/188513995","repostId":"2142744202","repostType":4,"repost":{"id":"2142744202","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1623452760,"share":"https://ttm.financial/m/news/2142744202?lang=en_US&edition=fundamental","pubTime":"2021-06-12 07:06","market":"us","language":"en","title":"How oil soaring to $100 a barrel could be bad for this boom-bust sector and the economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2142744202","media":"Dow Jones","summary":"If demand returns to 100 million barrels a day, 'that feels very ominous to me,' debt pro warns.\n\nOi","content":"<blockquote>\n If demand returns to 100 million barrels a day, 'that feels very ominous to me,' debt pro warns.\n</blockquote>\n<p>Oil companies often find religion in the wake of a boom-and-bust cycle, including after last year when crude prices crashed into negative territory for the first time on record.</p>\n<p>But with oil prices recently back near $70 a barrel, and some analysts speculating on the return to $100 during the COVID recovery, investors fear wildcatting and other risky financial behavior by energy companies will make a comeback.</p>\n<p>\"We lost a lot of our weakest companies,\" Andrew Feltus, co-director of high-yield at Amundi US, said of the ripple effects of oil futures going negative in April 2020 as demand collapsed with the first waves of COVID outbreaks and oil-producing giants Saudi Arabia and Russia waged an ugly price war.</p>\n<p>\"No <a href=\"https://laohu8.com/S/AONE\">one</a> can exist in that type of situation for long,\" Feltus told MarketWatch. \"If you don't have enough money to survive, you are gone.\"</p>\n<p>Company executives took those lessons for the U.S. energy complex to heart after pandemic shutdowns depressed oil demand and, for a period, led to higher borrowing costs in the sector. It also led to greater prudence.</p>\n<p>But there's no telling how long the latest stretch of \"good\" energy company behavior -- actions preferred by their risk-wary lenders and investors -- will last. That's particularly true if prices shoot dramatically higher and breach $100 a barrel.</p>\n<p>As Feltus said, \"$50 oil is the price we want. $70 is just gravy. With $100 oil, they will be dancing in the streets of Dallas.\"</p>\n<p>Prices for U.S. benchmark West Texas Intermediate crude for July delivery were near $70.75 a barrel on the New York Mercantile Exchange on Friday and headed for a weekly rise of about 1.7%.</p>\n<p>This chart tracks the plunge and recovery of WTI since April 2020, with the red line highlighting the stretch in which prices stayed below $40 a barrel.</p>\n<p><b>Keeping up?</b></p>\n<p>Prices saw a boost Friday from the International Energy Agency, which said global oil demand would return to pre-COVID-19 pandemic levels by the end of next year.</p>\n<p>IEA also forecast demand to reach 100.6 million barrels a day by the end of 2022, while indicating that producers will need to boost output to keep up with demand.</p>\n<p>The changing landscape for oil, including the increased focus by investors and the Biden administration on encouraging more environmentally sustainable practices, comes as a U.S. rig count has hovered at about half of pre-COVID levels, said Steve Repoff, portfolio manager at GW&amp;K Investment.</p>\n<p>Read:Climate-change pressure builds on Big Oil after activist wins Exxon board seats, court ruling hits Shell</p>\n<p>But that's not without its own set of concerns as vaccinations in the U.S. increase, demand for oil climbs and the economy opens more broadly, including over the summer. And the post-COVID travel season could turn costly for drivers.</p>\n<p>\"It seems these companies, for now, have demonstrated capital discipline, in a sector notorious for being unable to display capital discipline,\" Repoff told MarketWatch.</p>\n<p>\"But if we see demand of 100 million barrels a day return, that feels very ominous to me,\" he said, adding that it's unclear if U.S. producers will struggle to ramp up production.</p>\n<p>\"What if all the best shale, in aggregate, has been drilled already?\" Repoff said, while explaining how higher oil prices can be good for the oil industry, but also deflationary, even as the Federal Reserve expects the cost of living in America to overshoot its 2% inflation target for awhile during the recovery.</p>\n<p>\"When applied to the broader economy, it's effectively a tax on businesses and consumers, and at the systemwide level is ultimately deflationary,\" Repoff said of booming oil prices.</p>\n<p><b>$100 oil is a mixed blessing</b></p>\n<p>It took no time for COVID shutdowns to rattle the booming U.S. high-yield bond market last year, with defaults quickly jumping to a 10-year high of almost 5% and helping prompt the Fed to launch its first program ever of buying up corporate debt.</p>\n<p>Recently, as the sector has recovered, including with yields on the overall ICE BofA U.S. High Yield Index plunging near all-time lows of 4.1% , the Fed said it would sell its remaining corporate bond exposure.</p>\n<p>As a result, the so-called \"junk-bond\" market ended up with its highest-quality mix of companies by credit rating in at least a decade, but perhaps even 20 to 30 years, according to Feltus at Amundi, even while energy remains the sector's biggest exposure at about 13% of its benchmark high-yield index. That compares with a roughly 3% slice for energy in the S&amp;P 500 index, leaving investors in it grappling with swings in exposure.</p>\n<p>While energy has long been a key part of the U.S. high-yield market, oil booms haven't always been great over the long run for bond investors who help finance the sector.</p>\n<p>\"History says it depends on what else is going on in the market,\" said Marty Fridson, chief investment officer at Lehmann Livian Fridson Advisors, particularly when oil prices rise and fall around times of economic crisis.</p>\n<p>Starting in the summer of 2007, oil prices quickly advanced over eight months from $70.68 on June 29 to $101.84 on Feb. 29, 2008. But when Fridson looked at how the energy component fared over that stretch, it outperformed the ICE BofA US High Yield Index, returning 3.88% compared to negative 3.32%.</p>\n<p>Then, in the more protracted recovery phase, oil went from $70.61 on Sept. 30, 2009, to $96.07 on Feb. 28, 2011, while energy underperformed the index, 23.57% to 26.38%.</p>\n<p>Amundi's Feltus also pointed out that companies \"got religion for like six to 12 months of discipline,\" after each recent oil bust. \"This time breaks the record. But we can't let up the pressure.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How oil soaring to $100 a barrel could be bad for this boom-bust sector and the economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow oil soaring to $100 a barrel could be bad for this boom-bust sector and the economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-12 07:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n If demand returns to 100 million barrels a day, 'that feels very ominous to me,' debt pro warns.\n</blockquote>\n<p>Oil companies often find religion in the wake of a boom-and-bust cycle, including after last year when crude prices crashed into negative territory for the first time on record.</p>\n<p>But with oil prices recently back near $70 a barrel, and some analysts speculating on the return to $100 during the COVID recovery, investors fear wildcatting and other risky financial behavior by energy companies will make a comeback.</p>\n<p>\"We lost a lot of our weakest companies,\" Andrew Feltus, co-director of high-yield at Amundi US, said of the ripple effects of oil futures going negative in April 2020 as demand collapsed with the first waves of COVID outbreaks and oil-producing giants Saudi Arabia and Russia waged an ugly price war.</p>\n<p>\"No <a href=\"https://laohu8.com/S/AONE\">one</a> can exist in that type of situation for long,\" Feltus told MarketWatch. \"If you don't have enough money to survive, you are gone.\"</p>\n<p>Company executives took those lessons for the U.S. energy complex to heart after pandemic shutdowns depressed oil demand and, for a period, led to higher borrowing costs in the sector. It also led to greater prudence.</p>\n<p>But there's no telling how long the latest stretch of \"good\" energy company behavior -- actions preferred by their risk-wary lenders and investors -- will last. That's particularly true if prices shoot dramatically higher and breach $100 a barrel.</p>\n<p>As Feltus said, \"$50 oil is the price we want. $70 is just gravy. With $100 oil, they will be dancing in the streets of Dallas.\"</p>\n<p>Prices for U.S. benchmark West Texas Intermediate crude for July delivery were near $70.75 a barrel on the New York Mercantile Exchange on Friday and headed for a weekly rise of about 1.7%.</p>\n<p>This chart tracks the plunge and recovery of WTI since April 2020, with the red line highlighting the stretch in which prices stayed below $40 a barrel.</p>\n<p><b>Keeping up?</b></p>\n<p>Prices saw a boost Friday from the International Energy Agency, which said global oil demand would return to pre-COVID-19 pandemic levels by the end of next year.</p>\n<p>IEA also forecast demand to reach 100.6 million barrels a day by the end of 2022, while indicating that producers will need to boost output to keep up with demand.</p>\n<p>The changing landscape for oil, including the increased focus by investors and the Biden administration on encouraging more environmentally sustainable practices, comes as a U.S. rig count has hovered at about half of pre-COVID levels, said Steve Repoff, portfolio manager at GW&amp;K Investment.</p>\n<p>Read:Climate-change pressure builds on Big Oil after activist wins Exxon board seats, court ruling hits Shell</p>\n<p>But that's not without its own set of concerns as vaccinations in the U.S. increase, demand for oil climbs and the economy opens more broadly, including over the summer. And the post-COVID travel season could turn costly for drivers.</p>\n<p>\"It seems these companies, for now, have demonstrated capital discipline, in a sector notorious for being unable to display capital discipline,\" Repoff told MarketWatch.</p>\n<p>\"But if we see demand of 100 million barrels a day return, that feels very ominous to me,\" he said, adding that it's unclear if U.S. producers will struggle to ramp up production.</p>\n<p>\"What if all the best shale, in aggregate, has been drilled already?\" Repoff said, while explaining how higher oil prices can be good for the oil industry, but also deflationary, even as the Federal Reserve expects the cost of living in America to overshoot its 2% inflation target for awhile during the recovery.</p>\n<p>\"When applied to the broader economy, it's effectively a tax on businesses and consumers, and at the systemwide level is ultimately deflationary,\" Repoff said of booming oil prices.</p>\n<p><b>$100 oil is a mixed blessing</b></p>\n<p>It took no time for COVID shutdowns to rattle the booming U.S. high-yield bond market last year, with defaults quickly jumping to a 10-year high of almost 5% and helping prompt the Fed to launch its first program ever of buying up corporate debt.</p>\n<p>Recently, as the sector has recovered, including with yields on the overall ICE BofA U.S. High Yield Index plunging near all-time lows of 4.1% , the Fed said it would sell its remaining corporate bond exposure.</p>\n<p>As a result, the so-called \"junk-bond\" market ended up with its highest-quality mix of companies by credit rating in at least a decade, but perhaps even 20 to 30 years, according to Feltus at Amundi, even while energy remains the sector's biggest exposure at about 13% of its benchmark high-yield index. That compares with a roughly 3% slice for energy in the S&amp;P 500 index, leaving investors in it grappling with swings in exposure.</p>\n<p>While energy has long been a key part of the U.S. high-yield market, oil booms haven't always been great over the long run for bond investors who help finance the sector.</p>\n<p>\"History says it depends on what else is going on in the market,\" said Marty Fridson, chief investment officer at Lehmann Livian Fridson Advisors, particularly when oil prices rise and fall around times of economic crisis.</p>\n<p>Starting in the summer of 2007, oil prices quickly advanced over eight months from $70.68 on June 29 to $101.84 on Feb. 29, 2008. But when Fridson looked at how the energy component fared over that stretch, it outperformed the ICE BofA US High Yield Index, returning 3.88% compared to negative 3.32%.</p>\n<p>Then, in the more protracted recovery phase, oil went from $70.61 on Sept. 30, 2009, to $96.07 on Feb. 28, 2011, while energy underperformed the index, 23.57% to 26.38%.</p>\n<p>Amundi's Feltus also pointed out that companies \"got religion for like six to 12 months of discipline,\" after each recent oil bust. \"This time breaks the record. But we can't let up the pressure.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142744202","content_text":"If demand returns to 100 million barrels a day, 'that feels very ominous to me,' debt pro warns.\n\nOil companies often find religion in the wake of a boom-and-bust cycle, including after last year when crude prices crashed into negative territory for the first time on record.\nBut with oil prices recently back near $70 a barrel, and some analysts speculating on the return to $100 during the COVID recovery, investors fear wildcatting and other risky financial behavior by energy companies will make a comeback.\n\"We lost a lot of our weakest companies,\" Andrew Feltus, co-director of high-yield at Amundi US, said of the ripple effects of oil futures going negative in April 2020 as demand collapsed with the first waves of COVID outbreaks and oil-producing giants Saudi Arabia and Russia waged an ugly price war.\n\"No one can exist in that type of situation for long,\" Feltus told MarketWatch. \"If you don't have enough money to survive, you are gone.\"\nCompany executives took those lessons for the U.S. energy complex to heart after pandemic shutdowns depressed oil demand and, for a period, led to higher borrowing costs in the sector. It also led to greater prudence.\nBut there's no telling how long the latest stretch of \"good\" energy company behavior -- actions preferred by their risk-wary lenders and investors -- will last. That's particularly true if prices shoot dramatically higher and breach $100 a barrel.\nAs Feltus said, \"$50 oil is the price we want. $70 is just gravy. With $100 oil, they will be dancing in the streets of Dallas.\"\nPrices for U.S. benchmark West Texas Intermediate crude for July delivery were near $70.75 a barrel on the New York Mercantile Exchange on Friday and headed for a weekly rise of about 1.7%.\nThis chart tracks the plunge and recovery of WTI since April 2020, with the red line highlighting the stretch in which prices stayed below $40 a barrel.\nKeeping up?\nPrices saw a boost Friday from the International Energy Agency, which said global oil demand would return to pre-COVID-19 pandemic levels by the end of next year.\nIEA also forecast demand to reach 100.6 million barrels a day by the end of 2022, while indicating that producers will need to boost output to keep up with demand.\nThe changing landscape for oil, including the increased focus by investors and the Biden administration on encouraging more environmentally sustainable practices, comes as a U.S. rig count has hovered at about half of pre-COVID levels, said Steve Repoff, portfolio manager at GW&K Investment.\nRead:Climate-change pressure builds on Big Oil after activist wins Exxon board seats, court ruling hits Shell\nBut that's not without its own set of concerns as vaccinations in the U.S. increase, demand for oil climbs and the economy opens more broadly, including over the summer. And the post-COVID travel season could turn costly for drivers.\n\"It seems these companies, for now, have demonstrated capital discipline, in a sector notorious for being unable to display capital discipline,\" Repoff told MarketWatch.\n\"But if we see demand of 100 million barrels a day return, that feels very ominous to me,\" he said, adding that it's unclear if U.S. producers will struggle to ramp up production.\n\"What if all the best shale, in aggregate, has been drilled already?\" Repoff said, while explaining how higher oil prices can be good for the oil industry, but also deflationary, even as the Federal Reserve expects the cost of living in America to overshoot its 2% inflation target for awhile during the recovery.\n\"When applied to the broader economy, it's effectively a tax on businesses and consumers, and at the systemwide level is ultimately deflationary,\" Repoff said of booming oil prices.\n$100 oil is a mixed blessing\nIt took no time for COVID shutdowns to rattle the booming U.S. high-yield bond market last year, with defaults quickly jumping to a 10-year high of almost 5% and helping prompt the Fed to launch its first program ever of buying up corporate debt.\nRecently, as the sector has recovered, including with yields on the overall ICE BofA U.S. High Yield Index plunging near all-time lows of 4.1% , the Fed said it would sell its remaining corporate bond exposure.\nAs a result, the so-called \"junk-bond\" market ended up with its highest-quality mix of companies by credit rating in at least a decade, but perhaps even 20 to 30 years, according to Feltus at Amundi, even while energy remains the sector's biggest exposure at about 13% of its benchmark high-yield index. That compares with a roughly 3% slice for energy in the S&P 500 index, leaving investors in it grappling with swings in exposure.\nWhile energy has long been a key part of the U.S. high-yield market, oil booms haven't always been great over the long run for bond investors who help finance the sector.\n\"History says it depends on what else is going on in the market,\" said Marty Fridson, chief investment officer at Lehmann Livian Fridson Advisors, particularly when oil prices rise and fall around times of economic crisis.\nStarting in the summer of 2007, oil prices quickly advanced over eight months from $70.68 on June 29 to $101.84 on Feb. 29, 2008. But when Fridson looked at how the energy component fared over that stretch, it outperformed the ICE BofA US High Yield Index, returning 3.88% compared to negative 3.32%.\nThen, in the more protracted recovery phase, oil went from $70.61 on Sept. 30, 2009, to $96.07 on Feb. 28, 2011, while energy underperformed the index, 23.57% to 26.38%.\nAmundi's Feltus also pointed out that companies \"got religion for like six to 12 months of discipline,\" after each recent oil bust. \"This time breaks the record. But we can't let up the pressure.\"","news_type":1,"symbols_score_info":{"SPY":0.9,".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":687,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}