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Showing posts with label 2017 at 02:07AM. Show all posts
Showing posts with label 2017 at 02:07AM. Show all posts

Monday, June 12, 2017

Complete Review Of Preferred Stocks June 2017 – Seeking Alpha

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Complete Review Of Preferred Stocks June 2017
Seeking Alpha
Preferred stocks are, in all likelihood, the income investor’s dream come true after the financial crisis. There are many factors that have helped preferred stocks during this period and in this report I want to take a look at where we stand currently

June 12, 2017 at 01:51AM

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Friday, June 9, 2017

Meanwhile, the House quietly voted to destroy post-financial crisis Wall Street regulations

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lehman brothers

While across Capitol Hill the Senate was drawing attention for its hearings with fired FBI director James Comey, the House passed a bill to roll back some of the strongest Wall Street regulations from the financial crisis.

The Financial CHOICE Act, a massive bill from House Financial Services Chairman Jeb Hensarling, would do away with many of the protections in the landmark Dodd-Frank Act.

The bill passed 233 to 186 with 11 abstaining. The vote was along party lines except for one Republican, Rep. Walter Jones of North Carolina, going against the bill.

Republican leaders have suggested that the deregulation bill solves many of the worries about the financial system stemming from the crisis while at the same time allowing banks to more freely lend to invigorate the economy.

“The CHOICE Act reins in Dodd-Frank and delivers the regulatory relief these banks so desperately need,” said House Speaker Paul Ryan during a speech on the House floor Thursday. “This will change our communities because these small banks are the lifeblood of our Main Streets.”

On the other side, Democrats argue that the bill removes some of the most vital protections that were included in the Dodd-Frank Act to prevent something like the financial crisis from happening again.

“Today, House Republicans are pushing a dangerous Wall Street-first — Wall Street-first, that’s who they are — bill that would drag us back to the days of the Great Recession,” House Minority Leader Nancy Pelosi said at a press conference on Wednesday.

Sen. Elizabeth Warren, a fierce critic of Wall Street, has called the bill a “handout to Wall Street.”

The bill would eliminate parts of Dodd-Frank such as the orderly liquidation authority, which allows the federal government to step in if a bank is near collapse to provide a backstop to ensure that the institution’s failure does not spread to the rest of financial system.

(Read a full rundown of the provisions of the Financial CHOICE Act»)

Despite the bill passing the House, the prospects for the bill to become law are dim.

Today a bill to rollback #DoddFrank will take the final step in never being approved by the Senate,” tweeted Sean Tuffy, an expert on financial regulation at Brown Brothers Harriman.

Issac Boltansky from political research firm Compass Point had a similar sentiment in a note to clients.

“The House should easily clear the nearly 600-page package, but its fate is already sealed as the Senate is expected to focus on crafting its own package of reforms that can clear a 60-vote threshold.” wrote Boltansky.

SEE ALSO: Here’s a breakdown of the Republican plan to tear up Wall Street regulations

Join the conversation about this story »

NOW WATCH: Ivanka Trump’s Instagram put her at the center of a controversy over her lavish art collection

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June 09, 2017 at 02:04AM

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from Bob Bryan

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Meanwhile, the House quietly voted to destroy post-financial crisis Wall Street regulations

http://ift.tt/2pB9ois

lehman brothers

While across Capitol Hill the Senate was drawing attention for its hearings with fired FBI director James Comey, the House passed a bill to roll back some of the strongest Wall Street regulations from the financial crisis.

The Financial CHOICE Act, a massive bill from House Financial Services Chairman Jeb Hensarling, would do away with many of the protections in the landmark Dodd-Frank Act.

The bill passed 233 to 186 with 11 abstaining. The vote was along party lines except for one Republican, Rep. Walter Jones of North Carolina, going against the bill.

Republican leaders have suggested that the deregulation bill solves many of the worries about the financial system stemming from the crisis while at the same time allowing banks to more freely lend to invigorate the economy.

“The CHOICE Act reins in Dodd-Frank and delivers the regulatory relief these banks so desperately need,” said House Speaker Paul Ryan during a speech on the House floor Thursday. “This will change our communities because these small banks are the lifeblood of our Main Streets.”

On the other side, Democrats argue that the bill removes some of the most vital protections that were included in the Dodd-Frank Act to prevent something like the financial crisis from happening again.

“Today, House Republicans are pushing a dangerous Wall Street-first — Wall Street-first, that’s who they are — bill that would drag us back to the days of the Great Recession,” House Minority Leader Nancy Pelosi said at a press conference on Wednesday.

Sen. Elizabeth Warren, a fierce critic of Wall Street, has called the bill a “handout to Wall Street.”

The bill would eliminate parts of Dodd-Frank such as the orderly liquidation authority, which allows the federal government to step in if a bank is near collapse to provide a backstop to ensure that the institution’s failure does not spread to the rest of financial system.

(Read a full rundown of the provisions of the Financial CHOICE Act»)

Despite the bill passing the House, the prospects for the bill to become law are dim.

Today a bill to rollback #DoddFrank will take the final step in never being approved by the Senate,” tweeted Sean Tuffy, an expert on financial regulation at Brown Brothers Harriman.

Issac Boltansky from political research firm Compass Point had a similar sentiment in a note to clients.

“The House should easily clear the nearly 600-page package, but its fate is already sealed as the Senate is expected to focus on crafting its own package of reforms that can clear a 60-vote threshold.” wrote Boltansky.

SEE ALSO: Here’s a breakdown of the Republican plan to tear up Wall Street regulations

Join the conversation about this story »

NOW WATCH: ‘Melania needs to get with the program’: Ian Bremmer explains the biggest takeaways from Trump’s first foreign trip

June 09, 2017 at 02:02AM

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from Bob Bryan

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Thursday, June 8, 2017

Savara Announces Closing Of Public Offering Of Common Stock

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Savara Inc. (PRNewsfoto/Mast Therapeutics)AUSTIN, Texas, June 7, 2017 /PRNewswire/ — Savara Inc. (NASDAQ: SVRA), a clinical-stage specialty pharmaceutical company focused on the development and commercialization of novel therapies for the treatment of serious or life-threatening rare respiratory diseases, today announced the…

June 08, 2017 at 02:06AM

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Wednesday, June 7, 2017

IIROC Trading Halt / Suspension de la négociation par l’OCRCVM – VFF (all issues)

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TORONTO, ONTARIO–(Marketwired – June 6, 2017) – The following issues have been halted by IIROC / L’OCRCVM a suspendu la négociation des titres suivants :

June 07, 2017 at 02:06AM

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IIROC Trade Resumption / L’OCRCVM permet la reprise de la negociation – FOOD, CVN.H, UCM.H, RPM, KNT

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VANCOUVER, BRITISH COLUMBIA–(Marketwired – June 6, 2017) – Trading resumes in / Reprise des négociations pour:

June 07, 2017 at 02:06AM

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Airgain to Present at the William Blair 37th Annual Growth Stock Conference on Wednesday, June 14th

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SAN DIEGO, CA–(Marketwired – June 06, 2017) – Airgain, Inc. (NASDAQ: AIRG), a leading provider of embedded antenna technologies used to enable high performance wireless networking, has been invited to present at the 37th Annual William Blair Growth Stock Conference. The conference is being held on June 13-15, 2017 at the Four Seasons Hotel in Chicago.

June 07, 2017 at 02:06AM

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P4G Capital Announces Investment In Fore Machine And Aero Components

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FORT WORTH, Texas, June 6, 2017 /PRNewswire/ — P4G Capital Partners (“P4G Capital”) announced today that it has acquired the assets of Fore Machine Company, Inc. (“Fore Machine”, http://ift.tt/2r3aWOT) and Aero Components, Inc. (“Aero Components”, http://ift.tt/2rJwGkY). Based in Haltom…

June 07, 2017 at 02:05AM

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Upland Software Announces Proposed Public Offering of Common Stock

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Upland Software, Inc. (PRNewsfoto/Upland Software, Inc.)AUSTIN, Texas, June 6, 2017 /PRNewswire/ — Upland Software, Inc. (Nasdaq: UPLD) (“Upland”), a leader in cloud-based Enterprise Work Management software, today announced that it intends to offer and sell shares of its common stock, subject to market and other conditions, in an…

June 07, 2017 at 02:05AM

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pdvWireless Reports Year End Results

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pdvWireless logoWOODLAND PARK, N.J., June 6, 2017 /PRNewswire/ — pdvWireless, Inc., (NASDAQ: PDVW) (the “Company” or “pdvWireless”), a wireless communications carrier focused on developing and offering private network and mobile communication solutions for businesses, reported today its fourth quarter…

June 07, 2017 at 02:05AM

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BetterInvesting Top 100 Increased in May, Up 14.8% Annually for Past Five Years

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MADISON HEIGHTS, Mich., June 6, 2017 /PRNewswire-/ — At the end of May, the BetterInvesting Top 100 Index (BIXX), reflecting the portfolios of Main Street investors, increased 14.8 percent annually for the previous five years, versus annual growth of 16.1 percent for the Standard &…

June 07, 2017 at 02:05AM

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