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(Bloomberg) -- Fortress Investment Group plans to sell a record $3.2 billion of unrated municipal securities next week to finance a passenger train to Las Vegas. The pricing will signal how far investors will go for higher returns amid persistently low rates and economic uncertainty.Morgan Stanley, the lead underwriter, intends to set pricing terms next week, according to people familiar with the matter who asked not to be identified because the discussions are private. The deal is listed as day-to-day. Samantha Kreloff, a spokesperson for Morgan Stanley, declined to comment on the timing.The company’s Brightline Holdings expects the rail to ultimately extend to Los Angeles. For now, the bond issue will cover a 169-mile (272-kilometer) line connecting Las Vegas to a southern California desert town called Apple Valley, 90 miles away from downtown. The venture plans to raise a total of $6.5 billion in debt for the $8 billion project. The...
SAN DIEGO and CALGARY, AB, Oct. 7, 2020 /CNW/ -- Oncolytics Biotech® Inc....
On CNBC's "Mad Money Lightning Round," Jim Cramer said RadNet Inc. (NASDAQ: RDNT) is not going to bounce back immediately when they start opening things so he would hold off.The electrical vehicle charging stations are going to be a commodity and Cramer doesn't want to be in a commodity. He is not a buyer of Blink Charging Co (NASDAQ: BLNK).Sea Ltd (NYSE: SE) is such a horse, said Cramer. He doesn't know where to get involved with it because he has never had luck buying in Singapore, Malaysia, Hong Kong and South Korea.Barrick Gold Corp (NYSE: GOLD) is finally coming down, said Cramer. He advised his viewer to buy half here and hope it drops to $25. He thinks it probably won't trade to $25.Cramer is a huge fan of Goodrx Holdings Inc (NASDAQ: GDRX), but he would wait because it is too hot. You may miss it, but that is...
(Bloomberg) -- S&P 500 futures climbed with Nasdaq 100 contracts after President Donald Trump called for a reduced group of stimulus measures. Euro-area bonds erased gains before European Central Bank President Christine Lagarde speaks in Paris.Amazon.com and Apple Inc. rose in premarket trading while Facebook Inc. was flat after a House panel proposed reforming antitrust rules to curb the power of the four technology giants, including Alphabet Inc.’s Google. In Europe, Italy’s Nexi SpA slid after news of private-equity backers selling shares in the payment-services giant.Treasuries fell before a $35 billion sale of 10-year notes. They joined stock futures in reversing some of Tuesday’s sharp moves after Trump tweeted support for hard-hit airlines and small businesses. That seemed to blunt the jolt he gave markets by ending formal stimulus talks.Volatility picked up this month after Trump contracted the coronavirus and investors were whipsawed by the ups and down of talks on...
The delivery of Hyundai Xcient Fuel Cell electric trucks to customers in Switzerland this year represents the Korean truck maker's first steps toward putting 2,000 fuel-cell trucks into customers' hands around the world by the end of 2021 – including the U.S. ...
Expects first sales of Aphria-branded cannabis in Germany in Q2 FY2021 LEAMINGTON, ON, Oct. 7, 2020 /CNW/ - Aphria Inc....
