Passengers board a Brightline passenger train in Miami. Opening the full Miami-to-Orlando route paved the way for Brightline to embark on a major restructuring of its full capital stack.Bloomberg News Most deals take some time to put together, but this year’s Brightline Florida passenger train financing has been in the works since the borrower first
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In this article BTC.CM= BLK Follow your favorite stocksCREATE FREE ACCOUNT The BlackRock logo is pictured outside the company’s headquarters in the Manhattan borough of New York City on May 25, 2021. Carlo Allegri | Reuters BlackRock has expanded its tokenized money market fund to include several more blockchains. The investment manager said Wednesday that
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<img src=”https://public.flourish.studio/visualisation/20281438/thumbnail” width=”100%” alt=”chart visualization” /> Municipal market outperformance continued Wednesday as triple-A yield curves saw an improved bias while U.S. Treasuries were mixed after inflation data threw more uncertainty over the Federal Reserve’s next moves. The October consumer price index came in as projected, but stickiness in inflation — especially with expectations that President-elect
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Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. The S & P 500 edged higher Monday, extending Friday’s postelection all-time highs. The tech-heavy Nasdaq was basically flat. Club chip names Advanced Micro Devices , Broadcom , and
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<img src=”https://public.flourish.studio/visualisation/20266588/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were narrowly mixed Tuesday, ignoring larger U.S. Treasury market losses while stocks ended their breakneck pace of post-election gains to close the session down. Triple-A yield curves showed a mix of one to three basis point bumps and cuts, depending on the curve, while USTs saw losses of
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Stay informed with free updates Simply sign up to the Investment Banking myFT Digest — delivered directly to your inbox. Wall Street bonuses are on course to rise by as much as 35 per cent this year, as bankers eye even greater potential payouts under a second Trump presidency. Activity levels for corporate deals, stock
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Enjoy complimentary access to top ideas and insights — selected by our editors. The top 10 bond counsels accounted for $171.71 billion in the first nine months of 2024. Orrick Herrington & Sutcliffe lead the pack, accounting for $42.15 billion in 277 issues for an 11.3% market share, followed by Kutak Rock with $22.6 billion
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The stock market could enjoy a bigger boost from President-elect Donald Trump than any previous administration thanks to his pro-business policies, according to Jeremy Siegel, finance professor at the Wharton School of the University of Pennsylvania. “President-elect Trump is the most pro-stock market president we have had in our history,” Siegel said on CNBC’s “Squawk Box”
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South Carolina-based assisted living developers CR Lakewood and CR Lakeside Place resolved a bond default. AdobeStock Owners of assisted and independent living retirement centers in South Carolina resolved a default on $24.5 million of bonds, according to a posting. Borrowers CR Lakewood, LLC, and CR Lakeside Place, LLC, failed to make principal payments due on
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“Going into Election Day, Republicans held 57 legislative chambers nationwide, and Democrats held 41, a Republican edge that we’ve seen nationally since the Tea Party wave in 2010,” said Ben Williams, NCSL. ”We have as of right now, 54 chambers with Republican control, 35 chambers with Democratic control. We have one chamber that looks like it
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