{"id":33515,"date":"2016-08-18T22:50:04","date_gmt":"2016-08-19T03:50:04","guid":{"rendered":"http:\/\/prefblog.com\/?p=33515"},"modified":"2016-08-18T22:50:04","modified_gmt":"2016-08-19T03:50:04","slug":"august-18-2016","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=33515","title":{"rendered":"August 18, 2016"},"content":{"rendered":"<p>Hampton Creek, last discussed here on <a href=\"http:\/\/prefblog.com\/?p=33452\">August 4<\/a> may have <a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-08-19\/hampton-creek-s-mayo-buybacks-said-to-prompt-inquiry-by-the-sec\">bought itself a world of trouble<\/a>:<\/p>\n<blockquote><p>The U.S. Securities and Exchange Commission is looking into whether a San Francisco-based food technology startup broke the law by not disclosing that it was buying its own vegan mayonnaise from stores, which made the product appear to be more successful than it was, according to people familiar with the matter.<\/p>\n<p>The agency is trying to determine whether Josh Tetrick\u2019s Hampton Creek Inc. improperly recognized revenue from purchases made with company money, said the people, who asked not to be named because the matter isn\u2019t public. The opening of an SEC inquiry into the buybacks is a preliminary step and doesn\u2019t mean the company will face an enforcement action.<\/p><\/blockquote>\n<p>In drone news, <a href=\"https:\/\/newsroom.intel.com\/newsroom\/wp-content\/uploads\/sites\/11\/2016\/08\/fact-sheet-idf-2016-drones.pdf\">Intel touts a drone platform<\/a>:<\/p>\n<blockquote><p>Intel Corporation today announced its involvement in the development of multiple best-in-class unmanned aerial vehicles (UAVs), commonly called drones, showcasing how they interact with their environment, solve problems and thrill users by helping them explore and interact with their worlds unlike ever before.<\/p>\n<p><b>Intel\u00ae Aero Platform for UAVs<\/b><\/p>\n<p>Intel\u2019s\u00ae Aero Platform is available today for developers to build their own drones. This purpose-built, UAV developer kit powered by an Intel\u00ae Atom\u2122 quad-core processor combines compute, storage, communications and flexible I\/O all in a form factor the size of a standard playing card. When matched with the optional Vision Accessory Kit, developers will have tremendous opportunities to launch sophisticated drone applications into the sky. Aero supports several \u201cplug and play\u201d options, including a flight controller with Dronecode PX4 software, Intel\u00ae RealSense\u2122 technology for vision, AirMap SDK for airspace services, and will support LTE for communications. The Intel Aero Platform is available for pre-order now on click.intel.com \u2013 the Intel Aero compute board is $399, the Intel Aero Vision Accessory Kit is $149, and the Intel Aero Enclosure Kit is $69. A separate Intel Aero Platform Ready-to-Fly Drone will be available in Q4.<\/p><\/blockquote>\n<table border='1'>\n<tr>\n<td colspan='8'><strong>HIMIPref&trade; Preferred Indices<br \/>These values reflect the December 2008 revision of the HIMIPref&trade; Indices<\/strong><br \/>Values are provisional and are finalized monthly<\/td>\n<\/tr>\n<tr>\n<td>Index<\/td>\n<td>Mean<br \/>Current<br \/>Yield<br \/>(at bid)<\/td>\n<td>Median<br \/>YTW<\/td>\n<td>Median<br \/>Average<br \/>Trading<br \/>Value<\/td>\n<td>Median<br \/>Mod Dur<br \/>(YTW)<\/td>\n<td>Issues<\/td>\n<td>Day&#8217;s Perf.<\/td>\n<td>Index Value<\/td>\n<\/tr>\n<tr>\n<td>Ratchet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.1235 %<\/td>\n<td>1,707.1<\/td>\n<\/tr>\n<tr>\n<td>FixedFloater<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.1235 %<\/td>\n<td>3,118.6<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>4.81 %<\/td>\n<td>4.51 %<\/td>\n<td>80,217<\/td>\n<td>16.24<\/td>\n<td>4<\/td>\n<td>0.1235 %<\/td>\n<td>1,797.3<\/td>\n<\/tr>\n<tr>\n<td>OpRet<\/td>\n<td>4.85 %<\/td>\n<td>-10.66 %<\/td>\n<td>60,446<\/td>\n<td>0.08<\/td>\n<td>1<\/td>\n<td>-0.0395 %<\/td>\n<td>2,880.4<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>5.07 %<\/td>\n<td>4.36 %<\/td>\n<td>111,611<\/td>\n<td>2.27<\/td>\n<td>5<\/td>\n<td>0.5235 %<\/td>\n<td>3,429.4<\/td>\n<\/tr>\n<tr>\n<td>Interest-Bearing<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.5235 %<\/td>\n<td>2,675.7<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.44 %<\/td>\n<td>-9.55 %<\/td>\n<td>75,450<\/td>\n<td>0.09<\/td>\n<td>12<\/td>\n<td>-0.0612 %<\/td>\n<td>2,704.4<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.10 %<\/td>\n<td>4.96 %<\/td>\n<td>109,581<\/td>\n<td>15.00<\/td>\n<td>26<\/td>\n<td>-0.2936 %<\/td>\n<td>2,914.0<\/td>\n<\/tr>\n<tr>\n<td>FixedReset<\/td>\n<td>4.89 %<\/td>\n<td>4.07 %<\/td>\n<td>148,535<\/td>\n<td>7.13<\/td>\n<td>89<\/td>\n<td>-0.0800 %<\/td>\n<td>2,088.6<\/td>\n<\/tr>\n<tr>\n<td>Deemed-Retractible<\/td>\n<td>4.97 %<\/td>\n<td>1.95 %<\/td>\n<td>120,007<\/td>\n<td>0.27<\/td>\n<td>32<\/td>\n<td>-0.0252 %<\/td>\n<td>2,808.9<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>2.88 %<\/td>\n<td>4.07 %<\/td>\n<td>33,798<\/td>\n<td>5.09<\/td>\n<td>11<\/td>\n<td>-0.0287 %<\/td>\n<td>2,204.1<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Performance Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Change<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.S<\/td>\n<td>FloatingReset<\/td>\n<td>-2.67 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-08-18<br \/>\nMaturity Price  : 14.60<br \/>\nEvaluated at bid price : 14.60<br \/>\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.P<\/td>\n<td>FixedReset<\/td>\n<td>-2.48 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-08-18<br \/>\nMaturity Price  : 13.76<br \/>\nEvaluated at bid price : 13.76<br \/>\nBid-YTW : 4.04 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.E<\/td>\n<td>FixedReset<\/td>\n<td>-1.71 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-08-18<br \/>\nMaturity Price  : 18.92<br \/>\nEvaluated at bid price : 18.92<br \/>\nBid-YTW : 4.19 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.S<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.46 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-08-18<br \/>\nMaturity Price  : 23.26<br \/>\nEvaluated at bid price : 23.65<br \/>\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n<tr>\n<td>IAG.PR.G<\/td>\n<td>FixedReset<\/td>\n<td>-1.06 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 20.53<br \/>\nBid-YTW : 6.41 %<\/td>\n<\/tr>\n<tr>\n<td>HSE.PR.A<\/td>\n<td>FixedReset<\/td>\n<td>-1.02 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-08-18<br \/>\nMaturity Price  : 12.57<br \/>\nEvaluated at bid price : 12.57<br \/>\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n<tr>\n<td>PVS.PR.D<\/td>\n<td>SplitShare<\/td>\n<td>1.14 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2021-10-08<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.76<br \/>\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.F<\/td>\n<td>FloatingReset<\/td>\n<td>1.31 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-08-18<br \/>\nMaturity Price  : 13.97<br \/>\nEvaluated at bid price : 13.97<br \/>\nBid-YTW : 4.40 %<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Volume Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Shares<br \/>Traded<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>BIP.PR.C<\/td>\n<td>FixedReset<\/td>\n<td>182,860<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-09-30<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.37<br \/>\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n<tr>\n<td>VNR.PR.A<\/td>\n<td>FixedReset<\/td>\n<td>149,255<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-08-18<br \/>\nMaturity Price  : 18.60<br \/>\nEvaluated at bid price : 18.60<br \/>\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.E<\/td>\n<td>FixedReset<\/td>\n<td>131,342<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-04-25<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.87<br \/>\nBid-YTW : 3.84 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.C<\/td>\n<td>FixedReset<\/td>\n<td>67,650<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-08-18<br \/>\nMaturity Price  : 19.00<br \/>\nEvaluated at bid price : 19.00<br \/>\nBid-YTW : 3.96 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.H<\/td>\n<td>FixedReset<\/td>\n<td>57,055<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-08-18<br \/>\nMaturity Price  : 19.27<br \/>\nEvaluated at bid price : 19.27<br \/>\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.Q<\/td>\n<td>FixedReset<\/td>\n<td>49,300<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2022-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.32<br \/>\nBid-YTW : 3.44 %<\/td>\n<\/tr>\n<tr>\n<td colspan='4'>There were 29 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='3'><strong>Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Quote Data and Yield Notes<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.F<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 24.78 &#8211; 25.23<br \/>\nSpot Rate  :  0.4500<br \/>\nAverage  :  0.2942<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-08-18<br \/>\nMaturity Price  : 24.53<br \/>\nEvaluated at bid price : 24.78<br \/>\nBid-YTW : 4.95 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.S<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 23.65 &#8211; 24.00<br \/>\nSpot Rate  :  0.3500<br \/>\nAverage  :  0.2359<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-08-18<br \/>\nMaturity Price  : 23.26<br \/>\nEvaluated at bid price : 23.65<br \/>\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n<tr>\n<td>W.PR.K<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 25.95 &#8211; 26.25<br \/>\nSpot Rate  :  0.3000<br \/>\nAverage  :  0.1864<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-01-15<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.95<br \/>\nBid-YTW : 4.44 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PR.S<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 23.83 &#8211; 24.19<br \/>\nSpot Rate  :  0.3600<br \/>\nAverage  :  0.2638<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2022-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 23.83<br \/>\nBid-YTW : 3.62 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.M<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 24.00 &#8211; 24.35<br \/>\nSpot Rate  :  0.3500<br \/>\nAverage  :  0.2739<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2022-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.00<br \/>\nBid-YTW : 3.48 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.Z<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 20.39 &#8211; 20.60<br \/>\nSpot Rate  :  0.2100<br \/>\nAverage  :  0.1415<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2022-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 20.39<br \/>\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Hampton Creek, last discussed here on August 4 may have bought itself a world of trouble: The U.S. Securities and Exchange Commission is looking into whether a San Francisco-based food technology startup broke the law &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-33515","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/33515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33515"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/33515\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}