[ad_1] Western Forest Products has sold a large chunk of its private forest lands on the North Island to an international carbon credit firm. The sale of 14,500 hectares of land was announced on Tuesday, it’s been purchased by a Canadian affiliate of the Eastwood Climate Smart Forestry Fund I LP for nearly $70 million. The parcel’s location was not identified. Steven Hofer, president and CEO of Western, says in a statement the company will use the proceeds to reduce its debt, and focus on higher value manufacturing. He says that will include more kiln upgrades similar to what was…
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[ad_1] Western Forest Products has sold a large chunk of its private forest lands on the North Island to an international carbon credit firm. The sale of 14,500 hectares of land was announced on Tuesday, it’s been purchased by a Canadian affiliate of the Eastwood Climate Smart Forestry Fund I LP for nearly $70 million. The parcel’s location was not identified. Steven Hofer, president and CEO of Western, says in a statement the company will use the proceeds to reduce its debt, and focus on higher value manufacturing. He says that will include more kiln upgrades similar to what was…
[ad_1] In the latest installment of Yahoo Finance’s weekly ETF Report, BlackRock Global Co-Head of Bond ETFs Steve Laipply sits down with Seana Smith and Madison Mills to talk about the ways fixed-income investors can approach the bond market (^TYX, ^TNX, ^FVX) as yields surge over January’s hotter-than-expected Consumer Price Index (CPI) data. “When you have volatile days like this, you’re really more focused on the coupons you’re clipping rather than the price action. And, so that’s something that we’ve been talking about and we’ve been expecting volatility like this,” Laipply explains, commenting on how markets are still pricing in…
[ad_1] In early 2024, the Securities and Exchange Board of India (SEBI) mandated that all mutual fund houses disclose the results of stress tests for their small-cap and mid-cap schemes. Following this directive, the Association of Mutual Funds in India (AMFI) required fund houses to publish these stress test results by the 15th of each month based on the preceding month’s data. The first disclosures were made on March 15, 2024. Liquidity in capital markets is like oxygen. You only notice its importance when it’s gone. – Source unknown.About the author: This article is written by a freefincal reader who prefers…
[ad_1] Portfolio diversification involves investing in many different securities and types of assets so that your overall return doesn’t depend too much on any single investment. Financial experts often recommend a diversified portfolio because it reduces risk — by lessening an investor’s exposure to any single type of asset — without sacrificing much in the way of returns. In fact, you may ultimately earn a higher long-term investment return by holding a diversified portfolio.Here’s how diversification works, why it’s so important and how to diversify your portfolio.Diversification means owning a variety of assets that perform differently over time, but not too…
[ad_1] Outspoken ESPN personality Stephen A. Smith is not ruling out a presidential run in his future.In an interview with CNBC Sport, Smith said, “I wouldn’t mind being in office.”Yet the popular television host said it’s the campaigning and being a politician that turns him off.”I’m not one of those dudes that’s great at shaking hands and kissing babies, per se, and currying favor with politicians and donors. I’m not a beggar. That’s not who I am,” Smith told CNBC Sport.However, the 57-year-old Bronx native said he believes if he could bypass the the campaigning, he would excel on television…
[ad_1] The dominance of a handful of tech stocks in the equity market is likely linked to investors’ massive appetite for cheap index funds, which in turn could be a hidden risk for Wall Street, according to Bank of America. Jared Woodard, investment and ETF strategist at Bank of America, said in a note to clients that passive funds now have 54% of market share and appear to be one reason that just five stocks account for more than 25% of the S & P 500. Passive funds like the SPDR S & P 500 Trust (SPY) and Vanguard S…
[ad_1] Image source: Getty Images Meta Platforms (NASDAQ: META) stock has just set a couple of records. Yesterday (11 February), it rose for the seventeenth straight trading day, the longest winning streak for a Nasdaq 100 share since 1990. That’s also a record for any ‘Magnificent Seven’ stock! Should I buy shares of the Facebook and Instagram owner for my Stocks and Shares ISA? Let’s take a look. What’s going on? Firstly, why has the stock been marching higher? As far as I can tell, there are three main reasons here. Number one, the social media giant reported an incredibly…
[ad_1] The board of SoIN Tourism in Jeffersonville has approved an investment of $1 million to support four southern Indiana projects that provide recreational, educational and entertainment opportunities. [ad_2] Source link
[ad_1] Please Register or Sign in to view this content. Quantum Commodity Intelligence is a premium paid subscription service for professionals in the oil, biofuels, carbon, ammonia and hydrogen markets. Quantum Oil service subscribers have access to: Daily price assessments Market news and price commentary Fundamental trade data Quantum Oil Daily – market report sent to your email Get in touch with us for subscription information on all Quantum platforms, or help with the service. [ad_2] Source link
