The drone arms race is heating up! Here’s a jammer:
A company called DroneShield has introduced a 13-pound, rifle-shaped jammer that it says can take down drones from a distance as far as 1.2 miles away.
The DroneGun isn’t meant for drone hobbyists or their vengeful neighbors. The company says it could thwart drones carrying explosives intended to carry out a civilian or military attack, or stop those that venture illegally into restricted airspace or onto prohibited property.
The gun’s effect is not exactly obvious. There’s no projectile fired or resulting explosion that would make for great action-movie footage. Instead, the DroneGun jams the radio and/or GPS frequency that tells the drone where to go. The gun operator can then land the drone immediately or signal it to return home.
Well, we’ve talked about self-ordering kiosks at McDonalds. And then we talked about them again. And then Wendy’s installed them. And the future is now:
Earlier this month, McDonald’s announced the nationwide roll-out of touchscreen self-service kiosks. In a video the company released to showcase the new customer experience, it’s striking to see employees who once would have managed a cash register now reduced to monitoring a customer’s choices at an iPad-style kiosk.
It’s not just McDonald’s that has embraced job-replacing technology. Numerous restaurant chains (both quick service and full service) have looked to computer tablets as a solution for rising labor costs that won’t adversely impact the customer’s experience. Eatsa, a fully-automated restaurant concept, now has five locations—all in cities or states that have embraced a $15 minimum wage. And in a scene stolen from The Jetsons, the Starship delivery robot is now navigating the streets of San Francisco with groceries and other consumer goods. The company’s founder pointed to a rising minimum wage as a key factor driving the growth of his automated delivery business.
HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
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Index | Mean Current Yield (at bid) |
Median YTW |
Median Average Trading Value |
Median Mod Dur (YTW) |
Issues | Day’s Perf. | Index Value |
Ratchet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2042 % | 1,752.0 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2042 % | 3,200.5 |
Floater | 4.28 % | 4.45 % | 48,201 | 16.43 | 4 | 0.2042 % | 1,844.4 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0464 % | 2,919.5 |
SplitShare | 4.84 % | 4.47 % | 53,975 | 4.34 | 6 | -0.0464 % | 3,486.5 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0464 % | 2,720.3 |
Perpetual-Premium | 5.44 % | 5.32 % | 81,752 | 14.45 | 23 | 0.0454 % | 2,658.1 |
Perpetual-Discount | 5.39 % | 5.38 % | 93,146 | 14.79 | 15 | 0.1696 % | 2,782.3 |
FixedReset | 4.87 % | 4.61 % | 206,172 | 6.84 | 96 | 0.3699 % | 2,098.5 |
Deemed-Retractible | 5.17 % | 5.24 % | 137,833 | 4.59 | 32 | 0.0249 % | 2,754.2 |
FloatingReset | 2.89 % | 3.89 % | 43,180 | 4.84 | 12 | 0.0000 % | 2,301.6 |
Performance Highlights | |||
Issue | Index | Change | Notes |
HSE.PR.C | FixedReset | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-11-30 Maturity Price : 20.35 Evaluated at bid price : 20.35 Bid-YTW : 5.13 % |
IFC.PR.A | FixedReset | 1.06 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 16.23 Bid-YTW : 9.37 % |
CU.PR.C | FixedReset | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-11-30 Maturity Price : 19.08 Evaluated at bid price : 19.08 Bid-YTW : 4.46 % |
FTS.PR.K | FixedReset | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-11-30 Maturity Price : 17.62 Evaluated at bid price : 17.62 Bid-YTW : 4.48 % |
FTS.PR.H | FixedReset | 1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-11-30 Maturity Price : 13.41 Evaluated at bid price : 13.41 Bid-YTW : 4.57 % |
IAG.PR.G | FixedReset | 1.21 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 20.05 Bid-YTW : 7.05 % |
IFC.PR.C | FixedReset | 1.38 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 19.83 Bid-YTW : 6.91 % |
FTS.PR.G | FixedReset | 1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-11-30 Maturity Price : 18.00 Evaluated at bid price : 18.00 Bid-YTW : 4.43 % |
GWO.PR.N | FixedReset | 1.57 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 13.80 Bid-YTW : 10.52 % |
CCS.PR.C | Deemed-Retractible | 1.76 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 23.10 Bid-YTW : 6.17 % |
NA.PR.W | FixedReset | 1.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-11-30 Maturity Price : 18.46 Evaluated at bid price : 18.46 Bid-YTW : 4.55 % |
HSE.PR.A | FixedReset | 2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-11-30 Maturity Price : 12.60 Evaluated at bid price : 12.60 Bid-YTW : 5.22 % |
BAM.PR.R | FixedReset | 2.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-11-30 Maturity Price : 17.07 Evaluated at bid price : 17.07 Bid-YTW : 4.77 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
BAM.PF.I | FixedReset | 245,165 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-11-30 Maturity Price : 23.14 Evaluated at bid price : 25.00 Bid-YTW : 4.74 % |
TRP.PR.K | FixedReset | 137,355 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-11-30 Maturity Price : 23.10 Evaluated at bid price : 24.90 Bid-YTW : 4.85 % |
SLF.PR.A | Deemed-Retractible | 81,000 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 22.63 Bid-YTW : 6.22 % |
MFC.PR.R | FixedReset | 51,125 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 24.87 Bid-YTW : 4.96 % |
TRP.PR.E | FixedReset | 46,750 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-11-30 Maturity Price : 18.44 Evaluated at bid price : 18.44 Bid-YTW : 4.76 % |
W.PR.J | Perpetual-Premium | 44,225 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-11-30 Maturity Price : 24.87 Evaluated at bid price : 25.17 Bid-YTW : 5.63 % |
There were 54 other index-included issues trading in excess of 10,000 shares. |
Wide Spread Highlights | ||
Issue | Index | Quote Data and Yield Notes |
BMO.PR.R | FloatingReset | Quote: 23.06 – 23.43 Spot Rate : 0.3700 Average : 0.2455 YTW SCENARIO |
PWF.PR.S | Perpetual-Discount | Quote: 22.30 – 22.57 Spot Rate : 0.2700 Average : 0.1906 YTW SCENARIO |
FTS.PR.J | Perpetual-Discount | Quote: 22.44 – 22.65 Spot Rate : 0.2100 Average : 0.1396 YTW SCENARIO |
BNS.PR.A | FloatingReset | Quote: 23.57 – 23.75 Spot Rate : 0.1800 Average : 0.1123 YTW SCENARIO |
IAG.PR.A | Deemed-Retractible | Quote: 22.03 – 22.30 Spot Rate : 0.2700 Average : 0.2025 YTW SCENARIO |
PVS.PR.E | SplitShare | Quote: 25.49 – 25.80 Spot Rate : 0.3100 Average : 0.2448 YTW SCENARIO |