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New Hong Kong Tech Darling Hawks IPO With Rare Valuation Metric
As Hong Kong welcomes listings from unprofitable tech companies, investors need to get used to some new valuation metrics.
As Hong Kong welcomes listings from unprofitable tech companies, investors need to get used to some new valuation metrics.
NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on June 3, 2024 to shareholders of record on May 13, 2024, with an ex-dividend date of May 10, 2024. Monthly Distribution Per Share FundNYSE SymbolAmountChange From Previous MonthPercentage Change From Previous MonthPIMCO
Asia gets back up toward full speed on Thursday after many markets were closed for the May Day holiday, with the U.S. Fed's guidance, a surging yen and manufacturing PMIs from across the continent all serving as potential market sign posts. Asia's economic calendar is jam-packed on Thursday, with highlights including: manufacturing PMIs from seven countries, consumer inflation from South Korea and Indonesia, Hong Kong's first quarter GDP, Australian trade figures, and consumer confidence from Japan. Moves in U.S. trading on Wednesday will likely set the early market tone - Wall Street gyrated, yields tumbled and the dollar fell after Fed Chair Jerome Powell said an interest rate hike was "unlikely", and that his baseline scenario is still for inflation to cool and pave the way for lower interest rates.
SCOTTSDALE, Ariz., May 01, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that it will host a two-part series of investor day webcast calls with Phillippe Lord, chief executive officer of Meritage Homes, and Hilla Sferruzza, chief financial officer of Meritage Homes. Each call will be different and distinct in its coverage of key strategic topics for the Company, including the introduction t
Asia gets back up toward full speed on Thursday after many markets were closed for the May Day holiday, with the U.S. Fed's guidance, a surging yen and manufacturing PMIs from across the continent all serving as potential market sign posts. Asia's economic calendar is jam-packed on Thursday, with highlights including: manufacturing PMIs from seven countries, consumer inflation from South Korea and Indonesia, Hong Kong's first quarter GDP, Australian trade figures, and consumer confidence from Japan. Moves in U.S. trading on Wednesday will likely set the early market tone - Wall Street gyrated, yields tumbled and the dollar fell after Fed Chair Jerome Powell said an interest rate hike was "unlikely", and that his baseline scenario is still for inflation to cool and pave the way for lower interest rates.
House Republicans are calling for NPR CEO Katherine Maher to appear at a hearing on May 8 following a now former staffer’s allegations of bias in news coverage. Rep. Cathy McMorris Rodgers (R-WA), chair of the Energy and Commerce Committee, joined with two other House Republicans in a letter to Maher. “The Committee has concerns …
Two Republicans join Democrats to repeal law brought back to life by state's supreme court.
“There's a bunch of random dudes in the room breathing and watching you,” Justice said in a recent interview.
The Sharks star says his one and only Origin game took an enormous toll. More here.
Sheeran will perform a one-night only show at Barclays Center in Brooklyn, N.Y. on Wednesday, May 22
‘It’s not my deal. I’m a lover, not a fighter,’ Mr Trump told a crowd of supporters in Wisconsin about his actions on January 6
NEW YORK, May 01, 2024--KBRA releases a recap of the annual CLO Conference hosted by the Loan Syndications & Trading Association (LSTA) and DealCatalyst, which took place at the Marriot Marquis Hotel in New York on April 29-30. With over 1,600 attendees, the energetic atmosphere mirrored the "frenetic" pace of collateralized loan obligation (CLO) market activity so far in 2024, which has seen nearly $60 billion in new issuance year-to-date (YTD). Despite headwinds from sticky inflation, higher f
Officers arrested 282 Gaza protesters at schools in New York as violence flared at colleges across the country
TORONTO, May 01, 2024--VerticalScope Partners with The Trade Desk to Integrate OpenPass and OpenPath
Elections are taking place in 107 local authorities across England
The stock market round-tripped big initial gains as AI plays such as Nvidia retreated. Carvana soared late on earnings.
ATLANTA, May 01, 2024--UPS (NYSE: UPS) today announced its regular quarterly dividend of $1.63 per share on all outstanding Class A and Class B shares.
RYE, N.Y., May 01, 2024--Acadia Realty Trust (NYSE:AKR) ("Acadia" or the "Company") today announced that its Board of Trustees has declared a cash dividend of $0.18 per common share for the quarter ended June 30, 2024. The quarterly dividend is payable on July 15, 2024 to holders of record as of June 28, 2024.
Life360, Inc. ( ASX:360 ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Shares of Carvana (CVNA) are surging after hours on Wednesday as the company posted its first quarter earnings, revealing it surpassed Wall Street expectations with revenue of $3 billion against an expected $2.68 billion. In addition, CEO Ernest Garcia III claimed the company delivered the best results in its history. Shares of eBay (EBAY) are sliding after the company posted its first quarter earnings, beating Wall Street expectations on both the top and bottom line but missing on expectations for its second quarter forecast. MGM Resorts (MGM) stock rises as the company beat Wall Street expectations on the top and bottom line with its first quarter earnings. The company's success is partly due to boosted revenue from its segment in China, growing almost 70% year-over-year. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
Dan Schneider, one of the subjects of "Quiet on Set," claims the series implied he "sexually abused the children who worked on his television shows."