Beng Soon Machinery Holdings Limited (HKG: 1987)) market cap drops to HK $ 2.1 billion, but insiders who sold S $ 31 million shares were able to cover their losses

Insiders appear to have made the most of their holdings by selling S $ 31million of Beng Soon Machinery Holdings Limited (HKG: 1987) at an average selling price of $ 2.47 over the past year. The company’s market valuation fell by HK $ 320 million after the stock price fell 13% over the past week, but insiders were spared painful losses.

While we never suggest that investors should base their decisions solely on what the directors of a company have done, we consider it foolish to ignore insider trading altogether.

Check out our latest review for Beng Soon Machinery Holdings

The Last 12 Months of Insider Trading at Beng Soon Machinery Holdings

Over the past year, we can see that the biggest insider sale was done by Executive Director Kam Fai Cheung for HK $ 13million in shares, at around HK $ 2.05 per share. . This means that an insider was selling shares for a lower price than the current price (HK $ 2.06). Generally, we find it disheartening when insiders sell below the current price, as it suggests they were happy with a lower valuation. While insider selling is not a positive sign, we cannot be sure that this means that insiders think stocks are fully valued, so it is only a weak sign. We note that the biggest single sale was 72% of Kam Fai Cheung’s stake. Kam Fai Cheung was the only individual insider to sell shares in the past twelve months.

Kam Fai Cheung sold a total of 12.50 million shares during the year at an average price of S $ 2.47. The chart below shows insider trading (by companies and individuals) over the past year. If you click on the chart you can see all of the individual trades including the stock price, individual and date!

SEHK: 1987 Insider trading volume September 30, 2021

If you are like me then you not want to miss it free list of growing companies that insiders buy.

Does Beng Soon Machinery Holdings have strong insider ownership?

Many investors like to check how well a company is owned by insiders. Strong insider ownership often makes company management more concerned with the interests of shareholders. It’s great to see that the insiders of Beng Soon Machinery Holdings own 51% of the company, worth around HK $ 1.0 billion. I like to see this level of insider ownership because it increases the chances that management is thinking in the best interests of shareholders.

So what does this data suggest about Beng Soon Machinery Holdings insiders?

We certainly don’t mind the fact that there hasn’t been any insider trading from Beng Soon Machinery Holdings recently. While we are pleased with the high insider ownership of Beng Soon Machinery Holdings, the same cannot be said for the sale of shares. So these insider trading can help us build a thesis on the stock, but it’s also worth knowing the risks this company faces. To this end, you should inquire about the 2 warning signs we spotted with Beng Soon Machinery Holdings (including 1 which does not suit us too much).

But beware : Beng Soon Machinery Holdings may not be the best stock to buy. So take a look at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are the persons who report their transactions to the relevant regulatory body. We currently account for open market transactions and private assignments, but not derivative transactions.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.

Do you have any feedback on this item? Are you worried about the content? Get in touch with us directly. You can also send an email to the editorial team (at)

When trading Beng Soon Machinery Holdings or any other investment, use the platform seen by many as the professionals’ gateway to the global market, Interactive brokers. You get the cheapest * trading on stocks, options, futures, forex, bonds and funds from around the world from a single integrated account.Promoted

Source link

Long-term unemployment, a challenge for women over 40

Unemployment claims rose again last week – the third week in a row they were headed in the wrong direction. They haven’t risen much and are still near a pandemic low. But it’s another reminder that “near a pandemic low” is a long way from “back to normal”.

A new AARP report highlights how the labor market is not normal for women in mid-career and beyond right now.

The survey of women aged 40 to 65 found that more than 40% had experienced a work interruption during the pandemic; for those who were still unemployed in June, nearly 70% had been unemployed for six months or more.

“It’s pretty scary,” said Susan Weinstock, vice president of financial resilience at AARP. “There are so many implications at the end of the day for jobs, savings, retirement, financial stability. “

In most recessions, older workers have more trouble finding a job and often end up with lower pay when they do, said Monique Morrissey at the Institute for Economic Policy.

“It’s not a typical recession,” she said.

As a result of the pandemic, older workers may also have health issues when it comes to returning to work. In addition, women have been particularly affected by interruptions in education and care.

“People who care for young children, their spouses and parents,” Morrissey said.

Thirty percent of the women surveyed said they were looking after a child or grandchild. One in ten cared for both a child and an adult. The numbers were even higher for black and Latin women.

“Many women of color relied on family care during the pandemic, even before,” said C. Nicole Mason, who heads the Institute for Women’s Policy Research.

Older women of color have lost their jobs disproportionately during the pandemic and may face discrimination in the labor market even if they can return, she said.

“I think a lot of people have the wrong perception that right now it’s easy to find a job,” said Give Sharone, sociologist at the University of Massachusetts, Amherst.

So if you can’t, unlike during the height of the pandemic or even the Great Recession, he’s more likely to carry a stigma, he said.

Source link

Nigerian Stock Exchange Ends Trading Week on a Bullish Note, Market Cap Gains N327.65 Billion – Nairametrics

At the end of today’s trading session, the Nigerian forex market closed positively amid selling and buying interest as the benchmark All-Share (ASI) appreciated by 159 basis points, while the market capitalization increased by 327.65 billion naira.

NGX ASI closed at 40,221.17 points, reflecting a gain of 1.59% from the previous trading day.

As of the market close today, Thursday, September 30, 2021, the stock market value currently stands at 20.96 trillion naira compared to 20.63 trillion naira on the previous trading day. However, its year-to-date return (YTD) is currently set at -0.12%.

Market width closed positively as UPL led 20 winners and 14 losers dominated by CHAMS at the end of today’s session.

The stock market has lost -49.55 basis points since the start of the year.

NGX ASI Top winners

  • UPL up + 9.82% to close at N1.23
  • PHARMDEKO up – 9.81% to close at 2.35 N
  • MAYBAKER up – 9.17% to close at N4.88
  • SOVRENINS up – 9.09% to close at 0.24 N
  • CHIPLC up – 7.55% to close at N0.57

NGX ASI Top losers

  • CHAMS down -8.70% to close at 0.21N
  • MANSARD down -4.12% to close at 2.33 N
  • JAIZBANK down -3.23% to close at 0.60 N
  • BREEDING down -2.69% to close at 2.17 N
  • JAPAULGOLD down -2.22% to close at 0.44 N

Most traded NGX UPS by volume

  • FBNH – 53,764,092 units
  • TRANSCORP – 23 311 237 units
  • GTCO – 19,417,684 units
  • WAPIC – 18,271,474 units
  • BENEFIT MB – 15,251,102 units

NGX ASI Top traded by value

  • DANGCEM – N1 127 564 173.20
  • NESTLE – N569 455 387.60
  • GTCO – N544.348.664.65
  • FBNH – N430 464 213.95
  • NB – N308 915 587.70

Market sentiment is trending towards the bulls with the market differential favoring advances as 20 winners exceed 14 losers.

Source link

Your responses to “Enron: the smartest guys in the room”

Unethical, greedy, immoral, selfish, dishonest, dreadful, evil. The story of an energy titan who deceived investors and regulators, thus devastating the livelihoods of his workers, elicited these strong reactions from our listeners even 20 years later.

“Enron: The Smartest Guys in the Room” showed us how tens of thousands of employees lost their jobs and $ 2 billion in retirement funds. Before declaring bankruptcy in 2001, Enron paid $ 745 million in cash and shares to senior executives. And former CEO Jeffrey Skilling, who served 12 years in prison, recently launched an energy investment firm.

Enron’s complicated legacy doesn’t end there. You can read or listen to David Brancaccio in conversation with Jason Zweig of The Wall Street Journal on what the saga has taught us about investing and with Vijay Vaitheeswaran of The Economist on the echoes of Enron’s energy deregulation in California and Texas. today.

One of our listeners, Carrie, expressed frustration with Skilling’s apparent rebound.

“It makes me so furious that all of the top executives in the company walked away with millions funded mostly by ordinary people trying to make a living (ie Californians paying high electricity bills, lost pensions etc) Then I read that Jeff Skilling is now out of jail and back doing essentially the same job. Amazing that we allow this as a society.

Auditor Lyn C. emphasized that workers, not managers, are the backbone of the economy.

“There will always be stupid people, dishonest people and greedy people. The people who make the economy work are the workers. If you don’t protect them, there will be a collapse of society. We need to ensure safe investments to grow industries and create jobs for these workers. More transparency is needed, as well as clearer guidelines. “

Joyce C. remembers meeting former Enron employees and seeing the toll they took.

“When I moved to Houston 12 years ago, I often met people who had worked at Enron and heard their anger. I attended a seminar with [former Enron Chief Financial Officer] Andy Fastow shortly after his release from prison; he apologized to the angry crowd but insisted he hadn’t done anything illegal, even though he knew it was unethical and immoral. Until then, I hadn’t appreciated the depth of Enron’s impact on the community. Yesterday I mentioned the film to someone who had worked on it and saw an angry reaction – even 20 years later. This film is a case for every business school course on business practices.

And S. Cama pointed out that “smart” was ultimately not the best descriptor for key Enron executives.

“It was pure selfish motivation with no concern for the well-being of others, be it employees, shareholders and the general public in general, who all suffered. It should be called “Enron: the most greedy guys in the room”. It was very telling that so many people in positions of power (be it audit, regulator, or compliance) who had an idea that something was wrong always stamped it or have nothing done when they knew what was going on did not pass the test cap. Enron was a harbinger for AIG, Bernie Madoff and even the housing crisis. With good people doing nothing, this is what allows deception and evil to flourish. Shameful!”

Thanks for watching with us. Do you have a document recommendation that you would like us to review? Email us at We will be back next week with our October selection.

Source link

APAC Banks Must Embrace Digitization or Lose Market Share – Report – Back End News

The new report from Financial Times Focus and Mambu shows that banks need to reposition themselves and embrace technology to avoid “extinction.” Report findings illustrate the urgent need for banks to modernize their offerings, with 58% of respondents globally predicting that they will cease to exist altogether in the next five to ten years unless they change their models. commercial.

The “Evolve or Die” report reveals that two out of three banks (67%) believe they will lose market share within two years if they fail to digitally transform.

Cloud-based banking platform Mambu and The Financial Times Focus (FT Focus) surveyed more than 500 senior banking executives around the world to better understand their perceptions of the banking industry, now and in the future.

IDC predicts digitization of APAC GDP to reach $ 1.2 trillion by 2023
Cisco study: Digitization of small and medium-sized businesses could add $ 28 billion to GDP by 2024

“The past 18 months have shown banks how important it is to them to have a robust and agile digital banking offering,” said Elliott Limb, director of clientele at Mambu. “And with 53% of respondents admitting they risk missing their digital transformation goals, it’s time for the industry to take note of the financial ‘evolutionary’ leading the charge in this space. These are fintechs, challenger banks and traditional forward-thinking players who prioritize goal-oriented services and a great customer experience. “

Big data, ML, blockchain

In terms of geography, the report found that Asia Pacific (APAC) lags behind other regions in terms of digital transformation. Recognizing this, banks are planning to increase their investments in different technological areas, including big data, machine learning and blockchain.

“While the firm commitment of APAC banks to increase their investment in new technologies is very positive, banks in the region also need to change the way they approach innovation and start proactively embracing new partnerships and collaborations.” , said Myles Bertrand, Managing Director of Mambu. , APAC. The ‘ecosystem’ approach has been incredibly successful in other regions, and with half of APAC banks fearing that they lack the in-house workforce skills needed to transform, it will prove to be highly effective. here too. “

Globally, 40% of those polled said they plan to modernize to a platform-based offering after the pandemic, working with third-party providers to develop plug-in banking services. -and-play run on flexible and independent systems. Modernizing to a platform-based structure and investing in data capabilities are key factors that separate digitally advanced businesses from the rest of the banks.

Digital strategy

The report also found that outdated perceptions of banking are slowing progress at a time when ESG (environmental, social and corporate governance) goals and customer experience are expected to be the main growth drivers of the future.

The survey also found that 81% of retail banking executives strongly agree that replacing outdated mindsets with a progressive social goal is vital for the growth strategy, as this statistic is reflected in the fact as profits fall to the bottom of banks’ priority list, with “increased income” ranked as only the fifth biggest benefit of moving to a customer-centric banking model.

With nearly a quarter of banking executives describing their digital strategy as ‘nascent’ or ‘exploratory’, the results reflect the need for greater collaboration within the banking community, as well as the opportunities for forward-thinking players. who embrace innovation through fintech ecosystems. .

Source link

APAC Application Semi-Invisible Media Market Share, Europe and America to Grow to XX% CAGR Through 2026


The latest Semi-Invisible Media market research report involves a comprehensive assessment of this industry, highlighting the factors that will impact the revenue streams of the industry over the anticipated period. In addition, it provides a detailed overview of the opportunities in the submarkets as well as effective measures to exploit them.

According to experts, the market value of semi-invisible support is expected to increase at a CAGR of XX% over the estimated period (2021-2026). The report further validates these predictions through a careful comparison of past and present trends. It also studies the competitive landscape in depth in order to formulate effective strategies that will help stakeholders increase their profits over the predicted period.

Request a copy of this report @

Market Snapshot:

Regional perspective:

  • The semi-invisible media market size covers North America, Europe, Asia-Pacific, South America, Middle East & Africa, Southeast Asia.
  • An economic overview of major geographies and their impact on industry expansion are assessed in detail.
  • The market share and consumption growth rate of each region over the estimated period is examined using statistical data.

Summary of the product field:

  • As cited in the report, the product line of Semi-Invisible Racks Market is categorized into Ordinary Racks and Self-Locking Racks.
  • The market share captured by each type of product with respect to its value and consumption volume is provided in the report.
  • The financial accounts of the sales acquired and the total revenues accumulated by each type of product are discussed meticulously.

Scope overview:

  • The scope of the different product offers is classified into hospital and dental clinic.
  • The assessment of the consumption value and market share of each application segment over the projected period is
  • The market shares accumulated by each application segment are also studied in detail.

Overview of the competitive landscape:

  • The leading players in the competitive sphere of the semi-invisible brackets market are 3M Henry Schein American Orthodontics Ormco GC Orthodontics G&H Orthodontics Shanghai IMD Shinye Protect Medical Ortho 3b Yahong Creative Dental.
  • Basic details of listed companies and their business synopsis are incorporated into the research report.
  • The product price structure, total sales, gross margins and net income of major companies are listed in the report.
  • The basis of operations of listed companies in various regions and their distribution channels are explained in the report.
  • Information on new competitors, acquisitions, partnerships, market concentration rate and other important developments are also covered in the document.

Reasons to access this report:

  • Discover opportunities and plan strategies with a solid understanding of investment opportunities in the Semi-Invisible Media market
  • Identification of key parameters determining investment opportunities in the semi-invisible media market
  • Facilitate decision making based on solid historical and forecast data
  • Position yourself to make the most of the industry’s growth potential
  • Develop strategies based on the latest reports.
  • Identify key partners and avenues for commercial development
  • Respond to the business structure, strategy and outlook of your competitors
  • Identify the key strengths and weaknesses of important market players

The key questions answered in this report:

  • What will the market size and growth rate be during the forecast year?
  • What are the key factors driving the global semi-invisible media market?
  • What are the risks and challenges facing the market?
  • Who are the major vendors in the global semi-invisible media market?
  • What are the trend factors influencing market shares?
  • What are the main results of Porter’s five forces model?
  • What are the global opportunities for developing the global semi-invisible media market?

Important point mentioned in the Research report:

  • Market overview, market dynamics, market growth etc. are cited in the report.
  • The power and commercial output of major manufacturers have been mentioned along with the technical data.
  • The study provides historical market data with the revenue forecast and forecast from 2021 to 2026.
  • This report is a valuable asset for existing players, new entrants and future investors.

Table of Contents for Market Share by Application, Research Objectives, Market Sections by Type, and Forecast Years Considered:

Semi-invisible media market share by key players: Here, the analysis of capital, revenues and prices by the company is included along with other sections such as development plans, areas served, products offered by major players, alliance and acquisition. and seat distribution.

Global growth trends: Industry trends, growth rate of major producers, and production analysis are the segments included in this chapter.

Market Size By Application: This segment includes an analysis of the Semi-Invisible Racks market consumption by Application.

Semi-Invisible Racks Market Size by Type: It includes analysis of product value, utility, market percentage and production market share by type.

Manufacturer profiles: Here, the major players of the global Semi-Invisible Support market are studied on the basis of sales area, key products, gross margin, revenue, price, and production.

Semi-Invisible Media Market Value Chain Analysis and Sales Channels: It includes analysis of customers, distributors, market value chain and sales channels.

Market Forecast: This section focuses on production forecast and production value forecast, key producer forecast by type, application and regions

Request customization on this report @

Source link

RCI Announces Closing of $ 99.1 Million Consolidation and Refinancing Bank Real Estate Loan

HOUSTON, September 30, 2021 / PRNewswire / – RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced the closing of a $ 99.1 million, Commercial bank real estate loan at a fixed rate of 5.25% over 10 years (subject to an adjustment every five years), with an amortization schedule of 20 years.

The new loan refinances $ 85.7 million existing real estate debt financed by the bank and the seller; provides $ 12.3 million in cash that will be used to repay existing high interest unsecured debt, allowing these creditors to finance the ongoing acquisition of 11 clubs and associated real estate announced by RCI July 26, 2021; and funds $ 1.1 million in closing costs.

The new mortgage will result in a reduction in interest charges and principal repayments of $ 1.4 million and $ 3.8 million during the first year, respectively, and the elimination of $ 7.1 million in future lump sum payments over the next 24 months.

Eric Langan, President and CEO of RCI Hospitality Holdings, Inc., said, “We are delighted to execute this consolidation and refinancing loan at favorable commercial banking rates and terms.

About RCI Hospitality Holdings, Inc. (Nasdaq: RICK)

With over 40 units, RCI Hospitality Holdings, Inc., through its subsidiaries, is the nation’s leading company in gentlemen’s clubs and sports bars / restaurants. Clubs in New York City, Chicago, Dallas / Ft. Value, Houston, Miami, Minneapolis, Saint Louis, Charlotte, Pittsburgh, and other markets operate under brands such as Rick’s Cabaret, XTC, Club Onyx, Vivid Cabaret, Jaguars Club, Tootsie’s Cabaret and Scarlett’s Cabaret. Sports bars / restaurants operate under the Bombshells Restaurant & Bar brand. Please visit

Forward-looking statements

This press release may contain forward-looking statements that involve a number of risks and uncertainties that could cause the actual results of the company to differ materially from those shown in this press release, including, but not limited to y limit the risks and uncertainties associated with (i) the operation and management of an adult business, (ii) the business climate in the cities where it operates, (iii) the success or lack of success in the launch and development of the company’s activities, (iv) cybersecurity, (v) conditions relating to real estate transactions, (vi) the impact of the COVID-19 pandemic and (vii) numerous other factors such as laws governing the operation of adult entertainment businesses, competition and reliance on key personnel. For a more detailed discussion of these factors and certain risks and uncertainties, see RCI’s Annual Report on Form 10-K for the year ended. September 30, 2020, as well as its other documents filed with the United States Securities and Exchange Commission. The company has no obligation to update or revise forward-looking statements to reflect the occurrence of future events or circumstances.

Media and investor contacts

Gary Fishman and Steven anreder at 212-532-3232 or [email protected] and [email protected]

SOURCE RCI Hospitality Holdings, Inc.

Related links

Source link

US dollar slips from year-ago high on weak data, consolidation

US dollar banknotes can be seen in this illustrative photo taken on February 12, 2018. REUTERS / Jose Luis Gonzalez / Illustration / File Photo

  • US weekly jobless claims shake dollar luster
  • U.S. GDP data confirms Q2 growth
  • Dollar posts biggest daily percentage loss since mid-August
  • Euro at its lowest since July 2020 against the dollar

NEW YORK, Sept. 30 (Reuters) – The dollar edged down from a one-year high on Thursday in choppy trading, slightly under pressure from an increase in weekly jobless claims in the United States, as investors consolidating also their earnings after a sharp rise in recent sessions.

Overall, the greenback has been supported by the surge in yields on US Treasuries, as the Federal Reserve expects its monetary stimulus to wane from November even as global growth slows.

Thursday’s economic data, however, took some of the dollar’s strength.

The first jobless claims in the United States rose for the third week in a row to 362,000 for the period ending Sept. 25, data showed. Economists polled by Reuters predicted 335,000 jobless applicants for the past week. Read more

That said, another report confirmed that U.S. economic growth accelerated in the second quarter, at a rate of 6.7%, thanks to the government’s pandemic relief money, which boosted spending by the government. consumption. Read more

“Even if the US dollar falls a little more in the near term, we expect it to resume its recent rally in due course,” wrote Joseph Marlow, deputy economist at Capital Economics, in a research note.

“While long-term yields have risen in most major economies, US bond yields have risen more than most and, most importantly, have been largely due to higher real yields, reflecting expectations of a tighter monetary policy. “

The dollar index, which measures the currency against a basket of six rivals, hit 94.504, its highest since September 28 last year. It was down 0.2% to 94.199.

For the month, the dollar ended up 1.7%, its second consecutive monthly gain. In the third quarter, the dollar appreciated by 2%.

Marc Chandler, chief market strategist at Bannockburn Forex, wrote in a research note that “a tone of consolidation is evident” after the dollar surge on Wednesday.

The dollar’s recent gains came despite a political stalemate in Washington over the US debt ceiling that threatens to shut down much of government. Read more

Yields on the benchmark 10-year Treasury bond stood at 1.524%, remaining near a three-month high reached on Tuesday at 1.567%.

The dollar hit 112.07 yen, the highest since February 2020. It last lost 0.5% to 111.36 yen, its biggest daily percentage decline since mid-August.

For the month of September, however, the dollar posted a gain of 1.2% against the yen, and a more modest increase of 0.4% for the third quarter.

The euro lost 0.1% to $ 1.1586, after hitting $ 1.1563 earlier, its lowest since July 2020.

The single European currency was down 1.9% against the dollar for the month and 2.2% weaker for the third quarter.

The risk-sensitive Australian dollar strengthened 0.8% to US $ 0.7232, after falling 0.9% overnight as iron ore prices rallied ahead of the holidays of Golden Week in Australia’s main business destination, China.

A slight improvement in overall risk sentiment after days of gloom was seen in the cryptocurrency markets, as bitcoin rose 5.7 %% to $ 43,929 and ether rebounded from 6.2 % to $ 3,028. Both coins are down between 20% and 27% from their September peaks.

=================================================== ======

Currency bid price at 3:20 p.m. (1920 GMT)

Reporting by Gertrude Chavez-Dreyfuss; Additional reporting by Ritvik Carvalho in London; Editing by William Maclean, Hugh Lawson and Jonathan Oatis

Our Standards: The Thomson Reuters Trust Principles.

Source link

Bank consolidation makes the PSCF relevant

M&A activity between banks is strong this year, and with lending growth still sluggish, the consolidation trend is expected to continue.

This could benefit the Invesco S&P SmallCap Financials Portfolio (NASDAQ: PSCF). PSCF owns 163 stocks with an average market capitalization of $ 2.27 billion. Translation: PSCF is an environment rich in targets for potential suitors because its holdings are easily assimilated for potential buyers.

“There have been 149 bank mergers announced so far this year, easily eclipsing the 119 transactions announced across 2020, according to data compiled by Truist. And there are a lot more banks, especially in the Southeast and Texas, that appear to be intentional targets, ”Carleton English reports for Barron.

The PSCF is not a dedicated exchange-traded fund for banks, but it allocates 38% of its weighting to bank stocks, by far its largest weight in the industry. In addition, some PSCF components correspond to the aforementioned geographic parameters.

Beyond geography, PSCF might be an ideal game for further consolidation in the banking industry due to its size. Some small and mid-sized banks may not be looking for large deals that could strain their balance sheets, but targeted deals that add assets and deposits at affordable prices are likely to be appealing.

“The pace of transactions, at least among smaller banks, is expected to continue even in a more difficult mergers climate under the Biden administration. Much of the heightened surveillance is on so-called mega-deals, or those exceeding $ 5 billion, according to a recent report from Deloitte. But when it comes to banking transactions, there are several potential sellers in the order of less than a billion dollars, according to Jennifer H. Demba, analyst at Truist, “according to Jennifer H. Demba, analyst at Truist. that of Barron.

Beyond M&A activity, PSCF has other characteristics that investors might like. For example, the Invesco ETF is once again showing its positive correlation with rising Treasury yields. Ten-year yields have been higher over the past few days, and although this is putting pressure on other sectors of the equity market, the PSCF is up 4.11% over the past week.

On a related note, the PSCF exhibits deep cyclical value characteristics, positioning the fund higher as value stocks come back into fashion. Almost 48% of the components of the PSCF are classified in value stocks against 5.34% bearing the label of growth stocks. The PSCF is up 62.31% from last year.

For more news, information, and strategies, visit the ETF Education Channel.

The opinions and forecasts expressed herein are solely those of Tom Lydon and may not come to fruition. The information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy or a recommendation for any product.

Source link

Launch of the spatial data marketplace | National company

PARIS – (BUSINESS WIRE) – Sep 30, 2021–

Today marks the signing of the Spatial data market project whose mission is to facilitate access to spatial data and create value for the entire space industry in France, Europe and internationally, by proposing inspiring use cases.

This press release features multimedia. See the full version here:

Supported by the French Recovery Plan and the French government space agency CNES, the development of Space Data Marketplace will be led by a consortium led by Dawex and including Airbus Defense and Space, Dassault Systèmes,Thales Alenia Space, Geoflex, VisioTerra, nameR, Altametris, Murmur and Occitanie data take advantage of the enhanced capabilities to access and distribute data and services on the platform.

Space Data Marketplace aims to directly contribute to facilitate access to spatial data and promote their wider use through

  • innovative data exchange technology which simplifies and streamlines the flow of data and associated services,
  • the development of innovative applications that stand the test of time in the field of analysis, simulation and 3D satellite images.

Space Data Marketplace is the one-stop-shop for the space industry and all organizations from multiple sectors that are increasingly interested in the use of space data. Bringing together the best technologies and the main consortium organizations, Space Data Marketplace promotes an environment of trusted data exchange and sharing to establish strong data partnerships, foster creativity and renew opportunities, thus stimulating the development of the space industry.

It is an honor contribute to the development of the Space Data Marketplace, allowing the industry to form influential data partnerships. declares Laurent Lafaye, co-CEO of Dawex. ” The platform will act as the backbone of the spatial data ecosystem, leveraging spatial data to optimize mobility and logistics, addressing key climate change challenges through home renovations and upgrades to energy compliance, and many other fascinating use cases.

Spatial data contains amazing information for many organizations from multiple industries. The democratization of its access will lead to new innovations through the development of new services and solutions based on data.

Watch the video on the spatial data marketplace

To discover the innovative use cases provided by the members of the consortium: Click here

Follow the Space Data Marketplace initiative on LinkedIn and Twitter

About Dawex

Dawex is the leading data exchange and marketplace technology company. Dawex mission is to facilitate and accelerate the secure flow of data between economic players, contributing to the development of the data economy. Reward Pioneer of technology by the World Economic Forum, Dawex is a member of Gaia-X and co-founding member of Data exchange association. Founded in 2015, Dawex is a French technology company expanding its business activities in Asia, North America and the Middle East. More information

About Airbus

Airbus is the pioneer of sustainable aerospace for a secure and united world. The Company is constantly innovating to provide efficient and cutting-edge solutions in the fields of aerospace, defense and connected services. In the area of ​​commercial aircraft, Airbus offers modern, fuel-efficient airliners and related services. Airbus is also a European leader in defense and security and one of the world’s leading space companies. In the helicopter business, Airbus provides the world’s most efficient civil and military rotorcraft solutions and services. More information:

About Dassault Systèmes

Dassault Systèmes, the 3DEXPERIENCE company, is a catalyst for human progress. We offer companies and individuals collaborative 3D virtual environments to imagine sustainable innovations. By creating real-world virtual twin experiences with our 3DEXPERIENCE platform and applications, our customers are pushing the boundaries of innovation, learning and production. Dassault Systèmes brings value to more than 290,000 customers of all sizes, in all industries, in more than 140 countries. For more information visit

About Thales Alenia Space

A joint venture between Thales (67%) and Leonardo (33%), Thales Alenia Space is also joining forces with Telespazio to form the Space Alliance of parent companies, which offers a full range of services. Thales Alenia Space achieved consolidated sales of around € 1.85 billion in 2020 and employs around 7,700 people in ten countries with 17 sites in Europe and one factory in the United States. More information:

About Geoflex

Geoflex is a leading cloud services operator that enhances GPS / GNSS based applications with precise and secure positioning up to 4 centimeters of accuracy on land, at sea and in the air. Geoflex provides universal hypergeolocation to trains, cars, ships, smartphones and more, working with global players in these markets. This hypergeolocation system is based on a unique alliance between a portfolio of technological patents developed for more than 10 years by the French space agency CNES, and a team with 30 years of experience in GNSS augmentation services. More information:

About VisioTerra

Founded in 2004, VisioTerra is a scientific consulting company in Earth Observation. Its services include the development of software tools for the implementation of automatic monitoring geoservices, in particular for environmental issues and sustainable agriculture, expertise and training in remote sensing, communication on the wealth of satellite data and the generation of cartographic products that can be used by Information Systems. More information:

About namR

Leader in Data Intelligence for the ecological transition, namR is a French deeptech company created in 2017, which has developed an enriched database, called attributes, making it possible to quantitatively and qualitatively characterize all buildings. With a data licensing-based model, namR offers more than 250 original attributes available across the country, enabling public and private property managers, home insurers, retailers and utility infrastructure managers to steer their ecological transition and improve their commercial and operational performance. More information:

About Altametris

Altametris creates, operates and enhances the digital heritage of all infrastructures to secure and optimize their performance, while respecting industrial fundamentals. Altametris offers Consulting and Support Services, a Catalog of Turnkey Solutions and an Online Software Suite. More information

About Murmuration

Murmuration uses cutting-edge technology to integrate the environmental dimension into every decision-making cycle. From expert tools dedicated to local communities and political decision-makers, to general public awareness, Murmuration has a wide range of services. The company quantifies and predicts the environmental impact of human activities along four axes: air, water, biodiversity and urbanization. Based on the use of Earth observation satellite data, Whisper services are available all over the world. More information:

About Occitanie data

Occitanie Data is an association foreshadowing a cluster in the data economy, currently being transformed into a national GIP. Structured in Occitania but bringing together players from beyond, its members are private and public companies, local authorities, academic players, clusters and competitiveness clusters. Occitanie Data offers a framework of trust, ethics and sovereignty, designed to allow players to share and cross-reference their data while respecting the interests of individuals and data owners. More information:

View source version on

CONTACT: Spatial data market

press contact

Isabelle Joulot




Copyright Business Wire 2021.

PUB: 09/30/2021 02:30 / DISC: 09/30 // 2021 02:31

Source link