CAA Signs ‘Strong Island’ Filmmaker Yance Ford

EXCLUSIVE: CAA has signed Award-winning filmmaker Yance Ford.

Ford is best known for his Academy Award-nominated and Emmy-winning documentary Strong Island. The feature premiered at Sundance in 2017 and is a Netflix Original. The feature docu chronicles the 1992 murder of Ford’s brother and the failure of the all-white grand jury to indict his killer. In addition to the Emmy win and the Oscar recognition, the docu raked in prizes from Sundance, Frameline and other festivals, as well as multiple Cinema Eye Honors.

He made history as the first openly trans man to be nominated for an Academy Award and also made Emmy history as the first openly trans man — a trans man of color for that matter — to win Exceptional Merit in Documentary Filmmaking for the Netflix documentary.

Ford was previously repped by ICM. He continues to be repped by attorney Nina Shaw at Del, Shaw, Moonves, Tanaka, Finkelstein & Lezcano.

Seven-Year Note Auction Attracts Average Demand

After announcing the results of this month’s two-year and five-year note auctions earlier this week, the Treasury Department revealed Thursday that its auction of $41 billion worth of seven-year notes attracted average demand.

The seven-year note auction drew a high yield of 0.511 percent and a bid-to-cover ratio of 2.49.

Last month, the Treasury sold $38 billion worth of seven-year notes, drawing a high yield of 0.553 percent and a bid-to-cover ratio of 2.55.

The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold.

The ten previous seven-year note auctions had an average bid-to-cover ratio of 2.48.

Earlier this week, the Treasury revealed its auction of $46 billion worth of two-year notes attracted below average demand, while its auction of $47 billion worth of five-year notes attracted above average demand.

Nascar Releases Photo of the Noose Found in Bubba Wallace’s Garage

Nascar has released a picture of the noose that was found Sunday in driver Bubba Wallace’s garage at Talladega Superspeedway.

The noose was found just weeks after Wallace spoke out about the presence of the Confederate flag at Nascar events. Nascar subsequently implemented a ban at races.

On Tuesday, the Federal Bureau of Investigations concluded that there was no hate crime at Talladega, Nascar said. Evidence showed that the “garage door pull rope fashioned like a noose had been positioned there since as early as last fall,” according to a statement released by Nascar.

Nascar President Steve Phelps during a Thursday press conference said that the organization checked garages across 20 tracks and found only one instance where a pulldown rope was fashioned into a noose.

In response to the FBI’s findings, Wallace said that he was relieved the investigation “revealed that this wasn’t what we feared it was.” In a subsequent interview with ESPN, the driver emphasized that he didn’t think reporting the noose was an overreaction.

Indonesia mulls fate of Rohingya refugees rescued off coast

Government has yet to decide whether they can stay or will be forced back out to sea.

Nearly 100 Rohingya refugees are waiting to hear their fate after being rescued by fishermen off the Indonesian coast.

The men, women and children have been at sea for weeks.

But the government there has yet to decide whether they can stay or will be forced back out to sea.

Al Jazeera’s Jessica Washington reports from Jakarta.

Mexico's finance minister tests positive for coronavirus

MEXICO CITY (Reuters) – Mexican Finance Minister Arturo Herrera on Thursday said he has tested positive for the coronavirus, but is experiencing only “minor” symptoms.

“From this moment I will be in quarantine, and continue working from my house,” Herrera said on Twitter.

RPT-Mexican cenbank cuts key interest rate 50 basis points to 5.0%

(Repeats to file to additional subscribers)

MEXICO CITY, June 25 (Reuters) – Mexico’s central bank said on Thursday it had cut its key interest rate by 50 basis points to 5.0% in a unanimous decision by its five board members, in line with the expectations of analysts in a Reuters poll.

The Bank of Mexico said the inflation outlook for Latin America’s no. 2 economy remained uncertain. (Reporting by Mexico City Newsroom; Editing by Frank Jack Daniel)

Mexican cenbank cuts key interest rate 50 basis points to 5.0%

MEXICO CITY, June 25 (Reuters) – Mexico’s central bank said on Thursday it had cut its key interest rate by 50 basis points to 5.0% in a unanimous decision by its five board members, in line with the expectations of analysts in a Reuters poll.

The Bank of Mexico said the inflation outlook for Latin America’s no. 2 economy remained uncertain. (Reporting by Mexico City Newsroom; Editing by Frank Jack Daniel)

EARNINGS SUMMARY: Details of Nike Inc Q4 Earnings Report

Below are the earnings highlights for Nike Inc (NKE):

-Earnings: -$790 million in Q4 vs. $989 million in the same period last year.
-EPS: -$0.51 in Q4 vs. $0.62 in the same period last year.
-Analysts projected $0.09 per share
-Revenue: $6.31 billion in Q4 vs. $10.18 billion in the same period last year.

Progress Software Corp Q2 adjusted earnings Beat Estimates

Progress Software Corp (PRGS) reported a profit for its second quarter that rose from last year.

The company’s bottom line came in at $16.97 million, or $0.37 per share. This compares with $8.18 million, or $0.18 per share, in last year’s second quarter.

Excluding items, Progress Software Corp reported adjusted earnings of $28.66 million or $0.63 per share for the period.

Analysts had expected the company to earn $0.62 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 0.4% to $100.38 million from $100.00 million last year.

Progress Software Corp earnings at a glance:

-Earnings (Q2): $28.66 Mln. vs. $29.42 Mln. last year.
-EPS (Q2): $0.63 vs. $0.65 last year.
-Analysts Estimate: $0.62
-Revenue (Q2): $100.38 Mln vs. $100.00 Mln last year.

-Guidance:
Full year EPS guidance: $2.82 – $2.86
Full year revenue guidance: $433 – $443 Mln