tyb
Chinese Offshore Bond Defaults Reach Nearly 33% of 2020’s Total
Stress is building up in China’s offshore bond market again, with defaults so far this year already amounting to one third of 2020’s total.
Chinese firms have missed interest or principal payments on a combined $2.7 billion worth of dollar notes since the year began, nearly 33% of last year’s tally and 70% of 2019’s total, data compiled by Bloomberg show. The latest offshore debt blowups came from firms including a unit of solar giant GCL-Poly Energy Holdings Ltd. and tech conglomerate Tsinghua Unigroup Co. Defaults among Chinese borrowers are likely to increase this year, according to Cecilia Chan, a Bloomberg Intelligence analyst. “Despite the government’s implementation of top-down policy easing, companies have limited access to refinance their capital, which may worsen if the government looks to tighten monetary policy after a recovery in economic growth.“
https://www.bnnbloomberg.ca/chinese-offshore-bond-defaults-reach-nearly-33-of-2020-s-total-1.1558704
99-6143 USAFSOC C-32B departed Eglin AFB se to Miami-Opa Locka Exec
02-5001 was at Opa Locka Exec Airport on 0201
Some BRRRRRT 790120 A-10 on approach at Davis-Monthan
Sunset must have been quite a view today
SAM634 USAF C-32A that departed Lubbock Int'l landed at Tucson-can't tell if Davis Monthan or Int'l
The SAM flights have been slowly appearing after being almost nothing just prior to and after Jan 20th.
Not unusual as trips are not the first thing on agenda.
Never followed this before at this level because I did not care so can't speak to the flow of previous admins. during transitory periods.
The few SAM flights overall have been using moar of the Int'l Aiports upon arrival to destinations.
The usual stops over-seas have been the same (Ramstein AFB, Shannon)
Today's example with SAM364 at Lubbock and Denver Int'l the most recent
Koss Corp Executives/Directors sold: $47.41m-Feb.1,2
Some option exercise and sale (see cap 3) most just shares owned already and dumped into the short squeeze.
Unless the options are dirty this is not illegal.
Add this to the long list of things that need to change.
KOSS Stock: Why Short-Squeeze Star Koss Rallied 30% Today
Koss (NASDAQ:KOSS) shares rose to relevance last week amid a powerful Reddit stocks rally. With a short squeeze and hopes for a turnaround story, the old-school audio equipment maker soared. However, with the r/WallStreetBets bubble bursting, it seemed that KOSS stock was doomed. Did investors prove that assumption wrong today? As a quick refresher, Redditors and other retail investors pushed GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) higher. Then, they rushed to find the next short-squeeze stocks. With a share price below $10 and short interest above 35%, KOSS stock was a perfect pick. Plus, the audio equipment company needed a turnaround story. Koss has mapped a similar trajectory to GME and AMC. It faced similar bans and restrictions on Robinhood, and its price action has largely mirrored its peer Reddit stocks. Today, that trajectory took KOSS stock up nearly 30%.
But what happened? This morning, market commentators were declaring left and right that the Reddit stocks bubble burst. Short interest was falling, and investors were moving onto other opportunities. As they made their proclamations, share prices started to fall.
Although it is not entirely clear what caused the rally in KOSS stock, one possible answer comes from legendary investor Mark Cuban. Yesterday, Cuban told CNBC that he sees more short-squeeze rallies in the future. He says that as retail investors recognize their power, they will come back to try again. Perhaps today, those investors heard his message and decided to make his predictions come true. So what do you need to know about KOSS stock? To start, the audio equipment maker was not alone in its Wednesday rally. GameStop shares closed up slightly, as did AMC stock, Nokia (NYSE:NOK) and Express (NYSE:EXPR). This movement suggests that Cuban is right: As retail investors gear up for round two, we could see these Reddit stocks move higher again.
However, investors should still proceed with caution. These last few trading days are evidence of just how volatile the stock market can be. Today was a victory for KOSS stock, but the war may not be over. Do your own research and make sure you understand the risks here.
https://markets.businessinsider.com/news/stocks/koss-stock-why-short-squeeze-star-koss-rallied-30-today-mark-cuban-1030040766
https://www.finviz.com/quote.ashx?t=KOSS&b=2
scroll to bottom
Academy Sports and Outdoors Inc sold by KKR & Co.:$247.23m-Feb 1
Academy Sports and Outdoors Inc. is a full-line sporting goods and outdoor recreation retailers. The Company operates over 259 stores across 16 contiguous states, primarily in the southern United States. Its offered broad assortment appeals to all ages, incomes and aspirations, including beginning and advanced athletes. The Company sell a range of sporting and outdoor recreation products, such as fitness equipment and apparel, work and casual wear, folding chairs, wagons and tents, training and running shoes and coolers. The Company also carry a deep selection of seasonal items, such as sports equipment and apparel, seasonal wear and accessories, hunting and fishing equipment and apparel, patio furniture, trampolines, play sets, bicycles and severe weather supplies. The Company provide locally relevant offerings, such as crawfish boilers in Louisiana, licensed apparel for area sports fans, baits and lures for area fishing spots and beach towels in coastal markets. Number of employees : 21 000 people.
KKR & Co. Inc. is a global investment firm that manages investments across multiple asset classes, including private equity, energy, health care, infrastructure, real estate, credit and hedge funds. It offers a range of investment management services to its fund investors, and provides capital markets services to its firm, its portfolio companies and third parties. The Company conducts its business with offices across the world, providing it with a global platform for sourcing transactions, raising capital and carrying out capital markets activities. The Company operates through four business lines: Private Markets, Public Markets, Capital Markets and Principal Activities. It operates and reports its combined credit and hedge funds businesses through the Public Markets business line. The Capital Markets segment consists primarily of its global capital markets business. Through its Principal Activities, it manages the firm's assets and deploys capital. Number of employees : 1 384 people.
https://www.marketscreener.com/quote/stock/KKR-CO-INC-44486777/company/
from yesterday
KKR Closes Acquisition of Global Atlantic Financial Group Limited
Acquisition of leading retirement and life insurance company expected to add approximately $90 billion to KKR’s Assets Under Management. KKR owns approximately 60% of Global Atlantic following successful equity syndication
Driven principally by three reinsurance block transactions, this represents asset growth of approximately 25% since the announcement of the transaction.
https://www.businesswire.com/news/home/20210201005842/en/
https://www.marketscreener.com/quote/stock/ACADEMY-SPORTS-AND-OUTDOO-113213001/company/
https://www.finviz.com/insidertrading.ashx?oc=1472698&tc=7&b=2
SILVR21 22 USAF KC-135 tankers out of Nellis AFB
these AC not uncommon here and one has been visible for a few nights SILVR21
they raised margins to help that.
Thats wut killed off the Hunts, too much maintenance on the paper.
Eventually moar will figure out it's pricing input/structure and that is not a bad thing.
They've already decided it's over in the fin media but interdasting they make narry a peep about it until it goes the wrong way.
aye
FENCE17 US Navy E-6B Mercury ws back to Tinker
looks like it started a descent off Rhode Island then went bit farther north off Nova Scotia and return
nite all
F35LTNG II ne from MCAS Beaufort ne heading off-shore
morning all
Richard Branson's SPAC to take consumer DNA-testing firm 23andMe public in $3.5 bln deal
A blank-check firm, backed by Virgin Group founder Sir Richard Branson, is taking consumer DNA-testing firm 23andMe public in a deal that values the merged entity at $3.5 billion, both companies said on Thursday.
As part of the deal with VG Acquisition Corp VGAC.N, 23andMe will receive proceeds of $759 million, which includes $250 million from a range of investors including Branson, 23andMe co-founder Anne Wojcicki*, funds managed by Fidelity Management & Research Co LLC, Altimeter Capital, Casdin Capital and Foresite Capital.
Billionaire Branson, a serial entrepreneur whose space tourism company Virgin Galactic went public through a deal with prolific blank-check investor Chamath Palihapitiya's special purpose acquisition company (SPAC) in 2019, is the latest celebrity to join the blank-check dealmaking frenzy.
The merged entity will trade under the symbol "ME" on the New York Stock Exchange.
https://www.nasdaq.com/articles/branson-backed-spac-to-take-dna-testing-firm-23andme-public-in-%243.5-bln-deal-2021-02-04
*Sergey Brin's wife
SWISS AF SUI751 Challenger departed Graz, Austria after a ground stop-Dubendorf AB origin
On approach for Dortmund, Germany
SWISS AF SUI786 Pilatus PC-24 also departed Graz, Austria west heading to Bern/Belp Int'l Airport
BLKWF14 USAF E-11A BCAN GLEX departed Abu Dhabi (Al Dhafra AB) yesterday to Chivres AB Belgium and 2 night stay
Prolly going to Manchester NH as it's been there before.
This is one of the original AC's for this program-the moar recent AC's have those bulges integrated into the airframe much better.
Yellen seeks to 'understand deeply' GameStop frenzy as market regulators meet
U.S. Treasury Secretary Janet Yellen said on Thursday that she and financial market regulators needed to “understand deeply” what happened in the recent trading frenzy involving GameStop Corp and other retail stocks before taking any action. Yellen, who is convening a meeting of top market regulators on Thursday, told ABC’s Good Morning America: “We really need to make sure that our financial markets are functioning properly, efficiently and that investors are protected.”
In her first media interview since she became the first female U.S. Treasury secretary last week, Yellen also argued that a massive federal stimulus plan was needed to overcome the economic pain caused by the coronavirus pandemic, which has left millions of Americans jobless.
“We never had anything so large even during the Great Recession. We need to make sure people have jobs, if they don’t have jobs, that they’re supported,” Yellen said, referring to the 2007-2009 economic contraction in the United States.
She added that President Joe Biden still wanted Congress to pass his $1.9 trillion stimulus plan on a bipartisan basis and “is looking to cooperate” with Republicans.
https://www.reuters.com/article/retail-trading-yellen/update-2-yellen-seeks-to-understand-deeply-gamestop-frenzy-as-market-regulators-meet-idUSL1N2KA16X
09-0016 USAF C-32A with some go arounds at JBA-looks like a maintenance flight
Gotta keep these birds active if they are not being used regularly.
02-4452 USAFSOC C-32B sw from McGuire AFB NJ
SCORE32 US Navy MQ4-C Triton drone out of Pax River over C-bay