Technology

Is the Bond Market Headed for an Inverted Yield Curve?

Is the Bond Market Headed for an Inverted Yield Curve?

The seven- and 10-year yield spread was modestly wider at 4.1 basis points Wednesday as the long end of the curve underperformed. Analysts with Action Economics (AE) noted that with next week’s new Treasury supply as well as month- and quarter-end activity, the curve could invert. The seven- 10-years dropped to 2.9 bps last week, which was the smallest going […]

Danaos Soars 22% After Deal With Lenders Bolsters Capital Structure

Shares of Danaos (DAC), an owner of containerships, surged more than 22% intraday after the company said it has reached an agreement with certain of its lenders that would significantly strengthen its capital structure and reduce debt by roughly $551 million. The lenders in question currently hold about $2.2 billion of the company’s debt maturing Dec. 31, 2018, according to […]

CLPS Soars 22% After Chairman Yang Details Leaves Door Open for Acquisitions

CLPS Soars 22% After Chairman Yang Details Leaves Door Open for Acquisitions

Shares of CLPS, Inc. (CLPS) surged 22% intraday, earlier touching their highest level since the company’s initial public offering in May, after Chairman Xiao Feng Yang said that the firm intends to continue to pursue strategic alliances and acquisitions to enhance its service delivery capabilities. In that respect, Chairman Yang said in a letter to the shareholders that the firm […]

Caroline Flack says Love Island’s Chris Hughes and Olivia Attwood remind her of past relationships

Caroline Flack says Love Island’s Chris Hughes and Olivia Attwood remind her of past relationships

Caroline Flack says last year’s contestants Chris Hughes and Olivia Attwood are so memorable because they remind her of relationships she has been in in the past. Although they’re not together any more, Chris and Liv were probably the most turbulent couple to come out of the show, with their furious rows continuing in their spin off show Crackin’ On. […]

Calls to male rape charity increase by 1700% after David Platt’s Coronation Street story

Calls to male rape charity increase by 1700% after David Platt’s Coronation Street story

A national male rape charity has revealed that they have had a massive increase in calls for support in the wake of Coronation Street’s storyline involving David Platt. After the soap aired scenes which saw David drugged and then raped by Josh Tucker, experienced a 1700% growth in calls. 1 in 10 rapes are believed to have a male victim […]