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[ad_1] Analysis-U.S., China positions ossify at entrenched Tianjin talks [ad_2] Source link

[ad_1] Stable city leadership, effective PPP, and citizen engagement play a key role in providing better SWM services [ad_2] Source link

[ad_1] In the last few months in my articles for HousingWire, I have written that monthly supply has been rising and that this increasing supply was the most critical metric for the housing market, specifically the new home sales market. According to the recent Census report, the three-month average is now at 5.53 months, which puts inventory right back into the range we had in the previous expansion. Rule of thumb always with a three-month average: — 4.3 months and below is a good market for the builders— 4.4 to 6.4 months is an ok market for the builders; they will build as long as new home sales are growing— 6.5 months and above, the builders will pull back on construction Remember, having models keeps you in line and check with the data and the new live variables. This was a significant factor in the America is Back recovery model written April 7, 2020, which the NBER has now declared when the recession ended. From Census: For Sale Inventory and Months’ Supply: The seasonally‐adjusted estimate of new houses for sale at the end of June was 353,000. This represents a supply of 6.3 months in the housing market at the current sales rate. This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis Exclusive access to the HW+ Slack community and virtual events HousingWire Magazine delivered to your home or office Become a member today Already a member? log in The post Are we back to a normal housing market? appeared first on HousingWire. [ad_2] Source link

[ad_1] The post SPX Flow Considers Selling Itself, Sending Stock Soaring appeared first on Millennial Money. After turning down an offer from industrial giant Ingersoll Rand (NYSE: IR), SPX Flow (NYSE: FLOW) has announced that it is now in fact considering selling itself. The company announced on Monday morning that it will explore strategic alternatives, a process that could potentially result in a sale or merger.  Investors had already cheered the rejected offer of $85 per share in cash, as SPX Flow’s board of directors argued that the proposal significantly undervalued the company. With the confirmation that SPX Flow is open to a possible deal, the stock has soared by 10% as of 11:50 a.m. EDT. Here’s what SPX Flow investors need to know. A possible bidding war is brewing In recent months, Ingersoll Rand made two separate unsolicited offers to acquire SPX Flow as part of its efforts to expand its industrial pumps business. The initial offer was for $81.50 per share, and the suitor boosted the offer to $85 per share. SPX Flow spurned both overtures, even though both represented meaningful premiums that would value SPX Flow stock at all-time highs. “After careful review with its legal and financial advisors, and with the recommendation of a committee of independent directors formed to evaluate the potential transaction, the Board concluded that the proposals did not adequately value the Company in light of the Board’s confidence in the potential for increased profit margins and growth associated with the Company’s successful execution of its strategic plan,” SPX Flow said in a statement.  Additionally, SPX Flow confirmed that it has received “additional inquiries” from “interested parties,” without providing additional details around other potential offers. Investors are understandably excited about the prospect of a bidding war for SPX Flow, which said it will “engage with multiple parties” to evaluate its options. The company warned that the review may not result in a deal and that SPX Flow will not provide any more public comments until the process is complete and a decision has been finalized. It’s not uncommon for leaks to occur in such scenarios, but SPX Flow won’t comment until disclosure is necessary. Setting the strategic plan in motion At SPX Flow’s investor day in March, the company laid out a multi-year strategic plan to expand profitability, improve the quality of revenue, and streamline operations. The company is targeting a gross margin of approximately 40% in 2023, up from the 34.7% gross margin that it reported in 2020. SPX Flow plans to focus its investments on opportunities that will generate high returns, including a combination of capital expenditures, M&A activity, and returning cash to shareholders through dividends. The goal includes delivering a return on invested capital (ROIC) that is greater than the company’s weighted average cost of capital (WACC). Leveraging debt to fund the initiative can reduce SPX Flow’s WACC, as debt capital is generally cheaper than equity capital. The company is in the early stages of embarking upon the strategy, which would create considerable shareholder value if SPX Flow can execute. The board must now decide if it can create more value as a standalone company or if it should accept a takeover offer. The post SPX Flow Considers Selling Itself, Sending Stock Soaring appeared first on Millennial Money. [ad_2] Source link

[ad_1] Although we’ve never actually had twins – neither biologically nor via fostering – we have had two babies for most of the past year and a half, so we thought that we would share some of our best advice and tips on either having twins or fostering twins on this week’s podcast episode. The biggest thing we’ve learned is that it takes time (our experience has been 4-6 weeks) to establish a comfortable rhythm and routine, so be patient, and give yourself (and those around you) a lot of grace. We also recommend finding creative ways of keeping track of things. Setting up different stations around your house (such as a feeding station and a diaper-changing station) and using an app to keep track of when each baby is fed, sleeps, has their diaper changed, get their meds, etc. can really help when you are sleep-deprived and caring for multiple babies — especially if one is medically fragile or has special needs. On a somewhat related note, we also share lessons learned from a recent trip that we took to Colorado Springs and how we encountered some unexpected obstacles due to having two little ones, so yes, even traveling via plane is going to be different if you have twins! Having two babies at once can feel overwhelming at first, but we promise that you will get into a comfortable groove! It will get so much easier over time, and it will even become natural to you. Have you had twins or two babies who are almost the same age? If so, I’d love to hear your best tips and strategies! In This Episode: [2:39] – We just got back from a quick trip to Colorado Springs! [4:00] – Learn why we couldn’t sit together on the plane. [5:35] – Jesse shares what he learned from our recent trip. [10:04] – We both share what we’re reading, plus some fun emails/messages from listeners! [16:13] – We answer a question sent in by a listener about why we don’t book Airbnbs when we travel. [19:26] – Now let’s talk about our best advice for raising twins… [21:03] – Expect it to take at least a month to establish a comfortable rhythm. [23:11] – It was helpful for us to set up different stations around the house. [24:56] – I recommend keeping a log of when each baby eats, sleeps, has their diaper changed, has medicine, and so forth. [27:25] – Give yourself and others grace! [30:18] – You will eventually get into a groove. [31:04] – The most important thing for us is relying on God and getting to see Him be so faithful! Links and Resources: James Patterson & Bill Clinton – The President Is Missing James Patterson & Bill Clinton – The President’s Daughter T.J. Menn & Jenn Menn – Faith to Foster: An All-American Story of Loving the Least of These Hoopla – Website Libby Huckleberry: Baby & Child Love-Centered Parenting 10 Days to Be a Happier Mom Sign up for the Hot Deals Email List MoneySavingMom.com My Instagram account (I’d love for you to follow me there! I usually hop on at least a few times per day and share behind-the-scenes photos and videos, my grocery store hauls, funny stories, or just anything I’m pondering or would like your advice or feedback on!) Have feedback on the show or suggestions for future episodes or topics? Send me an email: crystal@moneysavingmom.com How to Listen to The Crystal Paine Show The podcast is available on iTunes, Android, Stitcher, and Spotify. You can listen online through the direct player here. OR, a much easier way to listen is by subscribing to the podcast through a free podcast app on your phone. (Find instructions for how to subscribe to a podcast here.) Ready to dive in and listen? Hit the player above or search for “The Crystal Paine Show” on your favorite podcast app. [ad_2] Source link

[ad_1] New York's $200 french fries offer 'escape' from reality [ad_2] Source link

[ad_1] “$18 billion (or 18%) of the overall lending to Indian real estate is under severe stress, implying that there has been high leveraging by the concerned developers who have either limited or extremely poor visibility of debt servicing due to multiple factors,” the real estate consultancy said in the report. [ad_2] Source link

[ad_1] The post Lucid Motors Stock Jumps after Closing SPAC Deal appeared first on Millennial Money. After shareholders of special purpose acquisition company (SPAC) Churchill Capital IV approved the deal last week, Lucid (NASDAQ: LCID) debuted as a public company on Monday after closing the merger on Friday.  There had been a minor delay due to confusion among retail investors regarding one of the proposals that investors voted on, with some shareholders incorrectly believing that a proposal to increase the number of authorized shares would be highly dilutive. Once the company clarified the situation, all of the necessary proposals easily passed.  As of 12:20 p.m. EDT on Monday morning, Lucid stock was up 10%. A done deal With the transaction completed, Lucid will receive $4.4 billion in net proceeds that will be absolutely critical in funding future growth. Entering the automotive industry is incredibly capital intensive, and Lucid recently announced that it was accelerating its manufacturing plans that will require an additional $350 million in capital expenditures. The company is pulling that planned spending forward from future years in order to meet strong demand for its Lucid Air sedan. “Lucid Air represents the next generation of EVs and creates new standards for interior comfort, range, efficiency and power,” Lucid CEO and CTO Peter Rawlinson commented in a statement. “We are on track to meet our projected deliveries for the next two years, and we look forward to delighting our customers around the world with the best electric vehicles ever created.” Unlike many electric vehicle (EV) startups that have hit the public market in recent years, Lucid is relatively less speculative as it has already completed the first phase of its manufacturing facility in Arizona that can produce 34,000 vehicles per year. The next phases will boost production capacity even further as Lucid constructs the rest of the facility. Once completed, the factory will be capable of producing 365,000 units per year. High hopes Lucid confirmed that it is on track to begin delivering the first Air cars in the second half of 2021, a timeline that was previously delayed from the spring in order for the company to fine tune product quality. Investors are pricing in lofty expectations for Lucid, partly in the hope that it can follow in Tesla’s (NASDAQ: TSLA) technological footsteps. At current prices of approximately $26.50, Lucid commands a market cap of $42.3 billion even before delivering a single car to consumers. In comparison, iconic automaker Ford (NYSE: F) is currently worth around $55.7 billion. In no uncertain terms, Lucid’s EV technology is impressive, as it expects the Air to have a range of over 500 miles thanks to industry-leading efficiency of 4.5 miles per kilowatt hour (kWh). The company’s work on miniaturization is also admirable, allowing the Air’s electric motor to have an incredibly high power-to-weight ratio.  With billions of dollars on the balance sheet and Air cars about to hit the streets, Lucid has a promising road ahead of it. Pick Like A Pro Where to invest $500 right now Before you buy Amazon, or Netflix, or Apple, consider this… The team at Motley Fool first recommended each of those stocks more than a dozen years ago! They discovered Netflix for $1.85 per share, back in the days of DVDs by mail. And recommended Amazon at $15.31 in 2002, before most people were comfortable using credit cards online. And even hit Apple at $4.97 per share, about a month before the release of the very first iPhone. Check out where those stocks are today. The bottom line: a $500 investment in all three of these stocks would be worth more than $200,000 today! And here’s why that’s important: The Motley Fool’s flagship investing service Stock Advisor just announced their top 10 “best buys now” across the entire stock market. Whether you’re starting with $100, $500, or more, you’ll want to get the full details! Click here to learn more The post Lucid Motors Stock Jumps after Closing SPAC Deal appeared first on Millennial Money. [ad_2] Source link

[ad_1] If you’re in the market for a Blackstone Griddle, this is a great deal! Walmart has this Blackstone 2-Burner 28″ Griddle with Electric Air Fryer and Hood for just $397 shipped right now (regularly $447)! This griddle combines the simplicity and ease of air frying with the hands-on art of griddling for a satisfying blend of styles. It features two side shelves, a magnetic strip for griddling accessories, and tool hooks. Plus, a hood retains heat and reduces splatter while patented rear grease management controls the mess on the griddle surface. Thanks, Wear It For Less! [ad_2] Source link

[ad_1] Shares Of Home Builders Drop In Line With New Home Sales [ad_2] Source link