tyb
Outset Medical sold by Warburg Pincus: $27.84m-Jan 5
These securities are held directly by Warburg Pincus X Partners, L.P., a Delaware limited partnership
Following on a bigger sale on Dec 7, 2020 for $185.60m-available at linky below.
Outset Medical, Inc. is a medical technology company. The Company offers Tablo, a dialysis machine. Tablo offers acute and chronic dialysis. Tablo produces dialysate that's customized to the patient's prescription. Its touchscreen guidance and animated instructions enables to train new users. Tablo has integrated water purification and produces dialysis on demand. The other features of Tablo include integrated blood pressure cuff and automated saline bolus and tracking. The integration of water purification and on-demand dialysate production enables Tablo to serve as a dialysis clinic on wheels and allows providers to a single platform from the hospital to the home. The three subtypes of hemodialysis that are used in the hospital are Intermittent Hemodialysis (IHD), Slow Low Efficiency Dialysis (SLED) and CRRT. IHD is used at the bedside or an inpatient dialysis unit outside of the ICU, while SLED and CRRT are used in the ICU.
https://www.marketscreener.com/quote/stock/OUTSET-MEDICAL-INC-112388686/company/
Warburg Pincus LLC is a New York-based private equity firm focused on growth investing with offices in the United States, Europe, Brazil, China, Southeast Asia and India. It has been a private equity investor since 1966. The firm currently has approximately $62 billion in assets under management and invests in a range of sectors including retail, industrial manufacturing, energy, financial services, health care, technology, media, and real estate. Warburg Pincus is a growth investor. Warburg Pincus has raised 19 private equity funds which have invested $79 billion in over 880 companies in 40 countries. Warburg Pincus invested in the information and communication technology sectors, including investments in Avaya, Bharti Tele-Ventures, Harbour Networks, NeuStar, PayScale, and Telcordia.
moar
https://en.wikipedia.org/wiki/Warburg_Pincus
Paul M. Warburg was sworn in as a member of the first Federal Reserve Board on August 10, 1914. He was appointed vice chairman (called “vice governor” before 1935) on August 10, 1916. He resigned from the Board on August 9, 1918. Warburg was born in Hamburg, Germany, in 1868. He graduated from high school in Hamburg in 1886 and began working for an exporting firm there. He then moved on to positions at shipping and banking companies in London and Paris. He returned to Hamburg in 1895 and became a partner in the banking firm M.M. Warburg and Company, founded by his great-grandfather. Warburg was a partner in the family firm until 1907. However, in 1902, he moved to New York City and joined his father-in-law’s company as a partner overseeing international loans to several governments. In 1911, he became a naturalized US citizen.
Warburg was considered one of the top authorities on central banking both in Europe and the United States and was active in the monetary reform movement taking place in the United States in the early 1900s. He gave speeches, published several articles advocating the establishment of a US central bank, and was an unofficial advisor to the National Monetary Commission, which was established following the Panic of 1907 to study banking system reform. In 1910, Warburg was one of six men, including Sen. Nelson Aldrich, to participate in a secret meeting on Jekyll Island, Georgia, that resulted in a plan for a National Reserve Association. Although the “Aldrich plan” was rejected by Congress, it laid the foundation for the 1913 Federal Reserve Act, which created the Federal Reserve System. President Woodrow Wilson appointed Warburg to the new entity’s first Board in 1914.
moar
https://www.federalreservehistory.org/people/paul-m-warburg
https://www.finviz.com/insidertrading.ashx?oc=1414561&tc=7&b=2
>>37535, >>37824 pb
SNTRY30 and SNTRY40 AWACS north and south of Dyess AFB, Abilene TX
SNTRY30 on the track with 40 ne
RONIN13 US Army and RONIN42 US Navy MC-12S EMARSS tot he se
The Enhanced Medium Altitude Reconnaissance and Surveillance System (EMARSS) provides a persistent airborne intelligence, surveillance and reconnaissance capability to detect, locate, classify, identify and track surface targets with a high degree of timeliness and accuracy during day, night and nearly all weather conditions. It enhances Brigade Combat Team effectiveness by defining and assessing the communications environment and providing surveillance, targeting support and threat warning.
EMARSS contains a tailored set of Distributed Common Ground System-Army (DCGS-A) enabled software intelligence, surveillance and reconnaissance functionalities to process, exploit and rapidly disseminate the intelligence derived from the imagery sensors. Selected EMARSS imagery is immediately processed on the aircraft and forwarded to DCGS-A for further processing, analysis and reporting.
EMARSS complies with Department of Defense (DOD) Information Technology Standards Registry and Defense Information Systems Network. This architecture enables interoperability with any multiservice or joint system that complies with DOD standard formats for data transfer and dissemination.
https://asc.army.mil/web/portfolio-item/iews-emars-mep-ped/
SAM488 USAF G5 ne from San Antonio, TX- Randolph AFB overnight-inbound from JBA
Dow, S&P 500, Nasdaq book milestone and record-high finishes
U.S. stocks on Thursday booked a trifecta of milestones and record closing highs, logging a remarkable finish, considering political unrest that rattled the world a day ago but failed to derail the updraft for the stock market. The Dow Jones Industrial Average [: DJIA] closed up 0.7% to end at a milestone above 31,000, the S&P 500 index SPX, +1.48% ended 1.5% to a milestone above 3,800, to close at around 3,804, while the Nasdaq Composite Index COMP, +2.56% finished well above 13,000, propelled by a reinvigoration of appetite for technology names following a weak performance for the index on Wednesday following the Georgia runoff Senate elections. The Nasdaq Composite closed up 2.6% to 13,067.
As everything ripped higher again at the cash open and even the Nasdaq managed to push into the green for 2021 (biggest daily gain in two months)… Small Caps continue to charge highest. Bank equities were aggressively bid again. Really Nigga?
NOTE - after Monday's opening plunge, each day has seen a buying panic at the cash open-pointed this out on monday shortly after the open.
Cap#2 red line shows you wut that looks like-four straight days of this
In case anyone forgot the Fed is still monetizing 0.6% of US GDP every month…and are not going to stop anytime soon. Bitcoin topped $40k before getting monkey hammered and then bouncing back hard. Treasury yields spiked further (up 3-4bps)-10Y Yields move higher - nearing 1.09% intraday and the highest since the spike in March.
The FRB also said Yields will rise because of the better economic outlook-this is an old, tired mantra and it's always going to improve in the second half of the year-they say this every year. The dollar surprised, spiking to 2021 highs. Gold managed gains despite the dollar gain, but erased most of yesterday's DC-based fear moves. Oil also managed gains with WTI closing just shy of $51
https://www.zerohedge.com/markets/stocks-crypto-bond-yields-soar-after-darkest-moment-american-history
Total manipulation (in case you hadn't figured that by nao-especially the bank stocks rallying). These POS's have been DOA since the 2008 bailout and are largely insolvent thanks to years of Repo's from the FRBNY. Nothing was ever fixed that led to the '08 event and we are still suffering from the system never being made to book a loss (still the worst four-letter word on Wall St). They are absolute parasitic entities.
Some perspective nao….
The Dow ends above 31,000, logging fastest 1,000-point climb to new milestone in 2 years
Goldman Sachs was the biggest contributor to the Dow’s recent 1,000-point rally.
The Dow Jones Industrial Average on Thursday closed above the psychologically significant 31,000 milestone, marking the first such round-number milestone for the benchmark since November, and its fastest move above a 1,000-point marker in about two years. The 30-stock index closed at 31,041.13, amid a broad-market rally that was propelled, perhaps, by relief after tumult and chaos in the U.S. Capitol and after Georgia runoff election wins by Democrats raised the prospects of more robust relief plans under the administration of Democratic President-elect Joe Biden. The finish above 31,000 represents the fastest surge to a milestone, 29 trading days, since the 8 days between 25,000 and 26,000 ending in January 2018, according to Dow Jones Market Data-cap #3
Also worth noting is that the higher the Dow rises, the smaller each 1,000-point move is in percentage terms, but individual investors have tended to pay close attention to the Dow when it carves out fresh milestones. The broader market finished in record territory, with the Russell 2000 index RUT, +1.89% also surging along with the S&P 500 index SPX, +1.48% and the Nasdaq Composite Index COMP, +2.56%. Here are a list of the biggest contributors the Dow’s 1,000-point ascent, led by Goldman Sachs Group Inc. GS, +2.14% followed by UnitedHealth Group Inc. UNH, +1.60% and the Walt Disney Co. DIS, -0.30% - Cap#4
https://www.marketwatch.com/story/dows-surge-takes-it-above-milestone-at-31-000-at-fastest-rate-in-2-years-11609957643
Some of the activity yes but largely routine except the AWACS and EMARSS over central Texas.
I've said some of the traffic is common but these are not common times so anything is on the table at this point.
Been busier than wut I've normally seen for the week that is for sure
nothing in particular
get some eye time on what moves where since a lot up.
It will be easier to do it once you get that.
o7
yes same.
All the lead up to It's arrival at JBA and departure and subsequent landing at Dyess was in here prior to gen.
They also missed the B-52 last night heading east in the med.
Posted it there but was walked over-not surprised.
RCH912 USAFSOC C-32B departed Sacramento, CA-McClellan Airfield after a ground stop-additional ground stop at NAS Oceana prior and origin of Eglin AFB this morning
Heading to Hawaii
SAM326 USAF G5 on descent for Singapore Changi Int'l Airport-from Lahore, Pakiland
>>37766 pb
SAM353 USAF C-40B departing Shannon, Ireland after a ground stop-refuel and crew change
Hyundai Motor says in early talks with Apple, shares surge 20%
Hyundai Motor Co said in was in early stage discussions with Apple Inc after the Korea Economic Daily reported that the two were in talks to cooperate on electric cars and batteries, sending its shares surging some 20%. “Apple and Hyundai are in discussions but they are at an early stage and nothing has been decided,” Hyundai Motor said in a statement.
Apple declined to comment.
In December, Reuters reported that the Apple is moving forward with self-driving car technology and is targeting as early as 2024 to produce a passenger vehicle that could include its own breakthrough battery technology.
https://www.reuters.com/article/hyundai-motor-apple/update-2-hyundai-motor-says-it-is-in-early-talks-with-apple-shares-surge-24-idUSL1N2JJ01P
Fed Returns Money to Treasury for Terminated Emergency Programs
The Federal Reserve has returned about $42 billion to the U.S. Treasury, and will soon transfer another $20 billion in excess funds connected to emergency lending facilities that stopped offering new loans last month, the central bank said Thursday in documents posted on its website.
The transfers will fulfill the promise made by Fed Chair Jerome Powell on Nov. 20 to comply with Treasury Secretary Steven Mnuchin’s controversial demand that the programs be terminated.
The Treasury committed $195 billion from its Exchange Stabilization Fund to provide a backstop for the four programs and had transfered $102.5 billion to the Fed. The programs are retaining about $40 billion to protect against potential losses on the credits the programs extended before their closure.
The four programs are the Term Asset-Backed Securities Loan Facility, the Municipal Liquidity Facility, the primary and secondary corporate credit facilities, and the Main Street Lending Program. All except Main Street were closed on Dec. 31. The termination of Main Street was delayed until Jan. 8 to allow time to finish processing a late surge of loan applications.
https://www.bnnbloomberg.ca/fed-returns-money-to-treasury-for-terminated-emergency-programs-1.1545351
ty
Planefag observation
Usually one or two E-6B Mercury(s) are visible at all times.
Unusual to see none
>>37182, >>37188 pb
GRIM22 USAF B-52 Stratofortress returning to Minot AF, ND after a jaunt over the Middle East overnight and today
Cap #2 is all that is available once over Israel
>>37659 pb
This was when it was refueled on it's return leg earlier today
There were two of them.
GRIM21 and GRIM22
21 visible last night heading east and 22 visible today returning to Minot