GTMO845 US Navy Beech Huron appears off Bahamas heading to Ft. Lauderdale Int'l
ORDER66 USAF E-4B Nightwatch departed Offutt AFB ws
Tail # 73-1677 and not the Sec of Defense AC
>>58290 pb
SAM791 USAF G5 departed Scott AFB after a quick ground stop
Italy pays near record-low yields in first bond sale under Draghi
Italy sold debt at near record-low interest rates on Tuesday, riding investor enthusiasm at the appointment of former European Central Bank chief Mario Draghi as prime minister.
Rome is set to raise a total of 14 billion euros ($17 billion) from the sale of a 10-year nominal bond and a 30-year inflation-linked note, one of the banks managing the issue said, adding demand had totalled more than 82 billion euros.
The final size of the order book is well below the record 134 billion euros in demand the two bonds had initially attracted, with many investors dropping out after Italy cut the return on the issues. The Treasury has set the yield on the new 10-year BTP bond at 4 basis points above the rate of an existing April 2031 BTP note, halving the initial indication of an 8 basis point spread.
With the April 2031 BTP bond yielding 0.568% on the market, Italy looked set to pay the cheapest 10-year yield on record for a syndicated issue - not far from Rome’s lowest-ever 10-year yield paid at auction last November. The yield on a new 30-year inflation-linked BTP bond was set at 22 basis points over the existing September 2041 BTP linker, down from an initial guidance of 27 basis points.
Italy’s 10-year bond yields fell to a record-low last week after head of state Sergio Mattarella asked Draghi to form a new government.
https://www.reuters.com/article/italy-bond-syndicate/update-2-italy-pays-near-record-low-yields-in-first-bond-sale-under-draghi-idUSL8N2KM2YW
yep
Natives were all aware of it too
Several shops were already blasting the immigration bullshit in 2009… told me not to go to certain other biz's cause they were owned by the "invasores" or invaders.
They knew it was coming to this.
ORDER66 USAF E-4B Nightwatch on descent for Peterson AFB with VENUS42 USAF G5 doing go arounds at said
It's out of the way for The Big Boi to land now
Big U.S. Banks’ Government-Backed MBS Holdings Hit Record High
The largest U.S. banks increased their holdings of federally-backed mortgage securities by about $7 billion during the first week of February, raising their total stake to a record 15.8% of their combined assets, figures from the Federal Reserve show.
Across all banks in the U.S., total assets fell by 0.3% to $20.6 trillion in the week ended Feb. 3, according to the Fed.
The share of safe assets virtually riskless investments such as cash, Treasuries, and securities effectively guaranteed by the U.S. government dropped to 34.3% from 34.5%.
Loans and leases were little changed at 50.2% of total assets.
As a percentage of deposits, loans and leases fell to 63.4% – a record low.
As a percentage of total assets, Treasuries and agency securities were the highest since Dec. 14, 1994.
The Fed also reported the assets of large, small and foreign-related U.S. lenders. Here’s how their balance sheets compare on selected parameters:
-At the 25 biggest U.S. banks, total assets fell 0.2% to $11.99 trillion.
-Loans and leases as a percentage of deposits hit an all-time low.
Here’s how big banks’ balance sheets have changed since the Fed’s previous weekly report:
*The total assets of smaller and foreign-related banks dropped 0.5% to $8.57 trillion.
*As a percentage of total assets, small and foreign-related banks’ holdings of Treasuries and agency securities were the highest since Sept. 25, 2019.
*Loans and leases as a percentage of deposits were the lowest since Sept. 02, 2015.
https://www.bnnbloomberg.ca/big-u-s-banks-government-backed-mbs-holdings-hit-record-high-1.1564294
ORDER66 picked up with the go arounds at Peterson and pushed VENUS42 up north to Centennial Airport Denver
ORDER66 USAF E-4B Nightwatch sw from Peterson AFB fly overs
SAM652 USAF C-32A continues it's meandering path from JBA-currently over central TX se
GTMO845 US Navy Beech Huron se from Ft. Lauderdale Int'l ground stop-No NAS Jax today
RAF RRR7303 Sentinel R1 heading back to RAF Waddington after some work over Lithuania and then over to north and central Poland before heading west
ORDER66 USAF E-4B Nightwatch on ground at Edwards AFB, CA from Offutt and some fly overs at Peterson prior to touch down at Edwards
US Navy P-8 Activity out of NAS Jax
See cap#2 for AE66CE over Fayetteville, NC earlier
SAM652 USAF C-32A continues it's circuitous path today with some Fly bys at NW Florida Beaches Int'l Airport (just north of Tyndall AFB) and then a wide berth out into the Gulf 'o Mex
No AF1 call sign again
82-8000 USAF 747departed JBA to Milwaukee, WI Mitchell Int'l Airport
09-0017 USAF C-32A departed Behind 82-8000
6579 US Coast Guard Dolphin out of Reagan National Airport over the Mall
SAM652 USAF C-32A on ground at Tampa Int'l Airport
82-8000 USAF 747 on final approach at Milwaukee, WI Mitchell Int'l Airport
09-0017 USAF C-32A began it's descent to Peoria, IL
SAM771 USAF G5 KAF AC of interdast departing Peterson AFB after a ground stop
This AC departed Peterson earlier and went to LAX for a ground stop of about 4 hours then back to Peterson.
SAM596 on 0208 with same…Peterson to LAX back to Peterson
Cap #3
>>58128 pb
SAM780 USAF C-40B (State Dept AC) se from some go arounds prior to a 2 hour ground stop at Stockton Muni Airport, CA after departing from Seattle, WA Boeing Field after an overnight
Buffett's Berkshire reveals big stakes in Verizon, Chevron
Warren Buffett’s Berkshire Hathaway Inc on Tuesday announced two major new investments, revealing an $8.6 billion stake in the phone company Verizon Communications Inc and a $4.1 billion stake in oil company Chevron Corp. The investments were disclosed in a regulatory filing detailing Berkshire’s U.S.-listed stock holdings as of Dec. 31.
Berkshire also disclosed a new $499 million stake in the professional services company Marsh & McLennan Cos–9/11 anyone?…that's right Warren was "playing golf" on 9/11 in an underground bunker at Offutt AFB. To make room, Berkshire reduced its investments in several companies including Apple Inc, though at approximately $121 billion the iPhone maker remains by far its largest common stock holding. Verizon shares rose 3.0%, Chevron rose 2.2% and Marsh was unchanged in after-hours trading following Berkshire’s filing.
Tuesday’s filing signals where Buffett and his portfolio managers Todd Combs and Ted Weschler see value, without saying who bought what. Buffett normally handles larger investments such as Verizon and Chevron. The filing also shows Berkshire deploying some of its cash hoard, which totaled $145.7 billion as of Sept. 30. Berkshire owns more than 90 businesses including Geico car insurance, the BNSF railroad and Dairy Queen ice cream, but has gone five years since its last big acquisition. The Omaha, Nebraska-based conglomerate had begun investing in Verizon, Chevron and Marsh by last year’s third quarter. As it had several times before, Berkshire won permission from the U.S. Securities and Exchange Commission to delay revealing the stakes, to avoid having investors piggyback on its wagers before it was done buying.
Tuesday’s filing showed Berkshire, a major investor in Bank of America Corp, cutting back on other banks, reducing its stake in Wells Fargo & Co and shedding JPMorgan Chase & Co, M&T Bank Corp and PNC Financial Services Group Inc. Berkshire also invested more in drugmakers Abbvie Inc, Bristol-Myers Squibb Co and Merck & Co while selling a small stake in COVID-19 vaccine maker Pfizer Inc. It also shed mining company Barrick Gold Corp. Doug Kass, managing partner of Seabreeze Capital Investment Inc in Palm Beach, Florida, said the Verizon investment “makes sense” reflecting the company’s dividend payout and wireless revenue growth prospects. He said the lowered bank stakes may reflect Buffett’s concern about persistent low interest rates, and loan losses related to the coronavirus.
Berkshire is expected to release year-end results and Buffett’s annual shareholder letter on Feb. 27.
https://www.reuters.com/article/investment-funds-berkshire/update-3-buffetts-berkshire-reveals-big-stakes-in-verizon-chevron-idUSL1N2KM2HX
SEC Sues Morningstar, Alleging Undisclosed Changes to Bond Ratings
The U.S. Securities andExchange Commission (SEC) on Tuesday sued Morningstar CreditRatings LLC for allegedly violating U.S. securities laws in itsratings of commercial mortgage-backed securities, the regulatorsaid in a statement.
Morningstar's credit ratings business allegedly violateddisclosure and internal controls requirements in 30 commercialmortgage-backed securities transactions from 2015 to 2016 whenthe agency allowed analysts to make undisclosed adjustments tokey stresses in its modeling, the SEC said. A spokesperson for Morningstar Inc did not respondimmediately to request for comment. Ratings agencies came under criticism after the U.S.financial crisis as inflated ratings of mortgage-backedsecurities helped fuel a U.S. housing bubble. In the wake of thecrisis Congress charged the SEC with overseeing the ratingsagencies, but the agency struggled with the oversight due toinsufficient resources and technology changes, Reuterspreviously reported.
Morningstar previously paid $3.5 million to settle SECcharges it violating conflict of interest rules designed toseparate credit ratings and analysis from sales and marketing. U.S. laws require rating agencies to disclose their ratingsmethodologies and stick to those frameworks, the SEC said onTuesday. But according to the SEC's allegations Morningstaranalysts frequently made undisclosed adjustments to lower thestress applied to their models. Those change benefited issuers that had paid for theratings, allowing them to pay investors less interest, the SEC said.
The lawsuit was filed in the Southern District of New Yorkagainst Morningstar Credit Ratings LLC. Morningstar Inc nowoperates credit ratings through its subsidiary DBRS Morningstar.
https://www.wsj.com/articles/sec-sues-morningstar-alleging-undisclosed-changes-to-bond-ratings-11613524141
The Executive Chairman of Morningstar has been a veritable printing press of share sales.
Skips a month here and there but always makes up for it
https://www.finviz.com/insidertrading.ashx?oc=1324069&tc=7
Right up there with Marc Benioff of Salesforce in frequency although that tailed off at the end of Oct last year. Years of this..
https://www.finviz.com/insidertrading.ashx?oc=1294693&tc=7
Gary runs the SEC
Jon Corzine’s Relationship With CFTC Chair Gary Gensler Probed
https://www.rollingstone.com/politics/politics-news/jon-corzines-relationship-with-cftc-chair-gary-gensler-probed-60904/
Oak Street Health, Inc. sold by General Atlantic LLC: $402.52m-Feb 16
Oak Street Health : Announces the Upsize and Pricing of Secondary Offering
Oak Street Health, Inc. (“Oak Street”) (NYSE: OSH), a network of value-based primary care centers for adults on Medicare, today announced the pricing of its previously announced underwritten public offering of 10,723,821 shares of its common stock by certain selling stockholders at a public offering price of $56.00 per share. The offering was upsized from a previously announced offering size of 9,000,000 shares. Such selling stockholders also granted the underwriters a 30-day option to purchase up to an additional 1,608,573 shares of Oak Street’s common stock. J.P. Morgan, Goldman Sachs & Co. LLC, Morgan Stanley, William Blair and Piper Sandler are acting as joint book running managers for the offering. Truist Securities is acting as a co-manager for the offering.
https://www.marketscreener.com/quote/stock/OAK-STREET-HEALTH-INC-110535838/news/Oak-Street-Health-Announces-the-Upsize-and-Pricing-of-Secondary-Offering-32413497/
Oak Street Health, Inc. is a holding company. The Company, through its subsidiaries, operates primary care centers serving Medicare beneficiaries. The Company, through its centers and management services organization, combines a care model with patient experience. The Company invests resources into primary care and to manage illnesses. The Company’s subsidiaries include Oak Street Health MSO, LLC., which operates as a management services organization and is in the business of providing management and other administrative services to its physician practice organizations. Number of employees : 2 300 people.
https://www.marketscreener.com/quote/stock/OAK-STREET-HEALTH-INC-110535838/company/
Morgan Stanley upgraded this on 0212
William E. Ford-Chairman and Chief Executive Officer New York
Bill Ford is General Atlantic’s Chairman and Chief Executive Officer, with more than 25 years of experience investing in and helping build leading growth companies, including IHS Markit, e*Trade, Priceline, and First Republic Bank. Bill joined General Atlantic in 1991 and became CEO in 2007. He serves as Chairman of the firm’s Management Committee and is a member of the Investment and Portfolio Committees.
https://www.generalatlantic.com/team/
https://www.finviz.com/insidertrading.ashx?oc=1017645&tc=7&b=2
SAM780 USAF C-40B that departed Stockton, CA is just sorta flying around on it's eastward leg-eventually it will get back to JBA
Weather to avoid in central CONUS for sure but peculiar it's trace into the Gulf and then ne before the western coast of FL
That makes two wandering SAM's today this and SAM652
Not AF1 6th time
82-8000 USAF 747 departed Milwaukee Int'l se back to JBA
09-0017 USAF C-32A up from Peoria se after departing Peoria, IL
nite all