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Pure Harvest Settles Agreement With Creditors to Get $2.8M off the Balance Sheet
Pure Harvest (OTCPK:PHCG) announced Wednesday it has signed a settlement agreement with its creditors, which results in removal of ~$2.8M senior debt from the company's balance sheet. To put that in p
Pure Harvest Announces Significant Debt Reduction Via Creditor Settlement Agreement
GREENWOOD VILLAGE, CO, Aug. 24, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Pure Harvest Corporate Group, Inc. (OTC: PHCG), a vertically integrated consumer products holding company focused on cutti
Pure Harvest Sings Letter Of Intent To Acquire Peak Holdings
Pure Harvest Corporate Group, Inc. (OTCQB:PHCG) entered into a letter of intent with Peak Holdings, LLC, Cannabis Venture Capital, Inc., and Peak North, LLC, a Colorado-based cannabis business with op
Pure Harvest Corporate Group Announces LOI for a New Cannabis Acquisition
GREENWOOD VILLAGE, CO, April 12, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Pure Harvest Corporate Group, Inc. (OTCQB: PHCG), a vertically integrated consumer products holding company focused on
Pure Harvest Corporate Group Engagement of Strategic Consulting Firm and LOI for a New Colorado Acquisition
GREENWOOD VILLAGE, CO, Nov. 19, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Pure Harvest Corporate Group, Inc. (OTCQB: PHCG), a vertically integrated consumer products holding company, is excited to
THC-Lined Drinking Straws? All You Need To Know About The New Cannabis ETF $PSDN $JUSHF — Cannabis Daily November 17, 2021
The Best Daily Overview Of The Cannabis Space Today’s cannabis headlines include: Brand New Cannabis ETF starts trading today (PSDN)Bill unveiled in Wisconsin to decriminalize marijuana.Scwazze (SHWZ)
Pure Harvest On Course To Record Annual Revenue, Plans To Distribute Its CBD Via Healthcare Network
Vertically integrated consumer products holding company Pure Harvest Corporate Group, Inc. (OTCQB:PHCG) reported its financial results for the third quarter of fiscal 2021, revealing total sales reven
The number of jobless claims in the US recorded 310,000 at the beginning of the week until September 4
The number of jobless claims in the US recorded 310,000 at the beginning of the week until September 4, 2020, a new low since the week of March 14, 2020. After the initial US jobless claims data was released, the spot gold, silver, and dollar indices DXY did not fluctuate much in the short term. Agencies evaluated the US jobless claims data at the beginning of the week, saying that thanks to the progress of vaccinations and reopening increased demand for workers, the number of initial jobless claims in the US declined steadily. The decline in claims data at the beginning of last week exceeded expectations, indicating that the job market continues to fully recover. However, initial jobless claims are still higher than pre-pandemic levels, and the recent surge in confirmed cases could disrupt the recovery of the job market. Sutra
Concerns about economic growth helped push up US debt short covering and spurred yields to fall below 1.35%
Treasury yields fell to a four-month low due to a poor measure of US service sector activity, a trend exacerbated by short covering. The yield on the benchmark 10-year u.s. bond fell as much as 8 basis points on Tuesday to below 1.35%, its lowest level since Feb. 24. The yield on 30-year Treasuries fell to 1.971%, testing the 200-day moving average. The previously released ISM services index fell more than expected in June from a record high in May. "the strong reaction of the US bond market to the data over the past week and the lacklustre reaction of the inflation protected bond (TIPS) market suggest that the short covering is magnified.
Nomura, which is still emerging from the shadow of Archegos, issued $3.25 billion of bonds at a lower cost.
Nomura is still struggling to recover from the aftermath of the Archegos Capital Management deal, but there was some good news on Tuesday. Japan's largest brokerage returned to the market by issuing $3.25 billion in US dollar bonds after it took a rare step in March to cancel a deal that had already been priced. Because of lower borrowing costs in the market, Nomura is now paying 20-30 basis points less than the rate it agreed to pay in March. The company priced $3.25 billion of dollar-denominated bonds on March 23rd, but cancelled it before completion, when it warned
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