[ad_1] (Bloomberg) — Insurance companies are snapping up asset-backed bonds to fund future payouts on their annuity products which are seeing record demand — a trend that is expected to continue, according to Morgan Stanley. Most Read from Bloomberg Securitized products grew to 25% of insurers’ bond portfolios in 2023 compared to 22% in 2017, adding roughly $365 billion in exposure to the segment, the bank said in a January 31 research note. Insurers putting together annuity products are drawn to longer-dated asset-backeds as their duration is a good match for annuities, and also for their attractive yield profiles. The…
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[ad_1] Morgan Stanley cuts Regeneron stock price target to $1,150 [ad_2] Source link
[ad_1] JPMorgan Issues New Preferred Stock, Modifies Security Holder Rights [ad_2] Source link
[ad_1] Columbia Sportswear shares tumble on earnings miss and weak guidance [ad_2] Source link
[ad_1] Projects include state-of-the-art fabrication floor and new expanded ground beef room in Cactus and new distribution center in Greeley. [ad_2] Source link
[ad_1] Alphabet shares fell more than 9% in after-hours trading Tuesday after the company reported fourth-quarter results that missed on revenue expectations and announced more AI investments.Earnings per share for the Google parent company beat analyst estimates by two cents.Here are the numbers:Revenue: $96.47 billion vs. $96.56 billion expected by LSEGEarnings per share: $2.15 vs. $2.13 expected by LSEGHere are other numbers Wall Street was watching:YouTube advertising revenue: $10.47 billion vs. $10.23 billion, according to StreetAccountGoogle Cloud revenue: $11.96 billion vs. $12.19 billion, according to StreetAccountTraffic acquisition costs (TAC): $14.89 billion vs. $15.01 billion, according to StreetAccountAlphabet’s overall revenue grew nearly 12% year over…
[ad_1] In 2007, the Vatican was declared the world’s first carbon-neutral state, claiming it offset all its emissions through a Hungarian forest project. The only catch? The trees were never planted. Meanwhile, in Europe’s carbon market, criminals set up fake factories to generate pollution, destroy it, and sell carbon credits. In Kenya, entire indigenous communities were displaced to make room for carbon offset projects benefiting corporations in the Global North. Tesla, the face of clean energy, earned more from carbon credits than it did selling cars. In 2023, it was revealed that 90 per cent of rainforest carbon offsets issued…
[ad_1] The largest automaker in the world is also making the largest contributions to politicians who deny climate change, a new report finds — and while those donations target electric vehicles, they’re taking other green transportation solutions down right along with them.Last week, protestors from Public Citizen interrupted the D.C. Auto Show demanding that Toyota “stop toying with the climate” by funding the campaigns of congressional candidates who spread disinformation about global warming, 207 of whom have received money from the automaker’s political action committee over the last three election cycles. (Those figures do not include politicians who have not publicly…
[ad_1] 908 Devices’ chief product officer sells $18,190 in stock [ad_2] Source link
[ad_1] JPMorgan maintains Apple stock Overweight with $270 target [ad_2] Source link