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| $27.70 |
Capita PLC (CPI.LN) said Monday that it plans to raise 701 million pounds ($981.4 million) in a rights issue, and reported a widened pretax loss for 2017. The company said it would issue 1 billion new shares at an issue price of 70 pence per share, a 56% discount to its April 20 closing price. Capita said it will use the proceeds of the fundraising to deliver on its new strategy, to make further investments in the business, and to pay down debt.
--Capita PLC (CPI.LN) is planning to cut its reliance on Britain and expand overseas as part of a strategic overhaul that is expected to be announced next month, the Financial Times reports. --The paper says the company will make the announcement, together with a heavily discounted 700 million-pound ($977 million) rights issue and its delayed 2017 accounts, citing sources close to the board.
Capita PLC (CPI.LN) said Wednesday that, as part of a business-transformation plan, it will suspend its final dividend, and that it has plans in place for a share issue to raise funds. The outsourced-services company said that in light of the difficulties the business is experiencing, it is suspending its final dividend for 2017.
VanEck Vectors recently rolled out a Real Asset Allocation ETF.
Personal consumption rose 0.2% in February and by 4.6% in the last 12 months.
Over the last 12 months, unemployment levels have fallen to a 17-year low of 4.1%.
The FOMC's March statement was released on Wednesday, March 21, and the outlook for the closely watched inflation remained muted.
Personal consumption expenditures increased 0.1% in December and 1.7% in 2017.
As per the latest report from the BEA, personal income rose 0.4% in December, which took the annual rise to 4.1%.
| Category | Short US Treas |
| Portfolio Style | Short US Treas |
| Fund Status | Open |
| Fund Inception | October 26, 2009 |
| Managers |
Barrato
Harrison
|
The Fund seeks investment results that correspond generally to the price and yield performance of its Underlying Index, the IQ CPI Inflation Tracker Index. The Underlying Index seeks to replicate the risk-adjusted return characteristics of the Consumer Price Index. (See Full Profile)
| Date | Income Distribution |
|---|---|
| YTD | - |
| 2017 | $0.29 |
| 2016 | - |
| 2015 | $0 |
| 2014 | $0.02 |
| 2013 | $0.02 |
| 2012 | $0.01 |
| 2011 | - |
| 2010 | $0 |
| 2009 | - |
