MBS come off the balance sheet mostly through pass-through principal payments. When the underlying mortgages are paid off due to a sale of the home or a refi, or when regular mortgage payments are made, the principal portion is forwarded by the mortgage servicer (such as your bank) to the...
given earlier productivity gains), consistent with the relatively steady path of the unemployment rate since the beginning of the year. And note private sector payrolls are rising at a monthly rate of about 112k this year, at the low end of estimates necessary to...
The company posted quarterly net sales of $5.36 billion, up 8.7% over the prior-year period—attributable in part to an extra week of sales and six new locations opened in the quarter. However, revenue missed analyst estimates as comparable club sales declined 0.4% from the fourth quarter of...
Shaky forecast pushes Airbnb shares down despite record quarterly results © REUTERS Airbnb warned revenues in the final three months of the year could come in below analysts’ expectations, taking the shine off record quarterly results and sending its shares lower in after-hours trading. The ac...
Economic data: The European Central Bank publishes quarterly financial statements. Germany releases factory order and consumer goods statistics for February. Sweden publishes its latest gross domestic product data and IHS Markit releases purchasing manager’s indices for productivity, services and construction...
Wall Street appears to be in a holding pattern ahead of the central bank’s interest rate decision and the release of its quarterly economic forecast. Investors are nearly certain that interest rates will remain the same, but will pore over the Fed’s projections and listen carefully during Fed...
20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2014 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO ...
46 YANLORDLAND 2008 ANNUAL REPORT Corporate Governance Statement Our AC meets, at a minimum, on a quarterly basis. In the event that a member of the AC is interested in any matter being considered by the AC, he will abstain from reviewing that particular transaction or voting on that ...