Tech Stocks Lead Mixed Action; Top Payment Processor Upgraded
The stock market was mixed to close out the week ahead of the three-day Memorial Day weekend. PayPal received an analyst upgrade.
The stock market was mixed to close out the week ahead of the three-day Memorial Day weekend. PayPal received an analyst upgrade.
Lenders are starting to ask for extra protection in junk-rated corporate loans to damp down on a growing practice among some stressed companies to engage in a creative financing technique that allowed them to raise new money, said a Moody’s report on Thursday. Over the past year, many junk-rated companies like At Home Group and Trinseo have engaged in liability-management transactions, called "double dip," to raise new liquidity to pay back maturing debt or in some cases to remain solvent, said Moody's. Under a double-dip, debt is issued by a financing subsidiary, with guarantees from the parent and other subsidiaries.
We break down the first-round matchup between the New York Knicks and Philadelphia 76ers and make our prediction.
Kanen Wealth Management Highlights Fossil’s Capital Allocation Incompetence and Requests a Board SeatCOCONUT CREEK, Fla., April 18, 2024 (GLOBE NEWSWIRE) -- Kanen Wealth Management, LLC, (“KWM”) owner of approximately 4% of the Fossil Group, Inc.'s (Nasdaq: FOSL) 7% Senior Notes due 2026 (Nasdaq: FOSLL), issues the following open letter to the Company’s Directors: Dear FOSL Directors, Fossil is a $1 bill + co., and a solid brand with ample opportunity, one that enjoys high gross margins in exces
Healthcare and real estate executives bring expertise to NYAM’s health equity mission.New York, NY, April 18, 2024 (GLOBE NEWSWIRE) -- The New York Academy of Medicine (NYAM) has announced the appointment of six new members to its Board of Trustees: Gil Addo, Natalia Cineas, DNP, RN, NEA-BC, FAAN, Beth Oliver, DNP, RN, FAAN, Marie-Laure S. Romney, MD, MBA, Jannine Versi, MBA, and Mark S. Weiss. “NYAM is pleased to welcome this dynamic group of leaders to our Board of Trustees. Their extensive ex
That’s not a bingo. Quentin Tarantino is scrapping plans to make “The Movie Critic” his next film and will start all over on his 10th and final project. The legendary director previously said “Critic” would be his last movie, and it was expected to start filming this year. Reports that Tarantino is dumping the project come after he worked on it for months and announced that his frequent ...
Brenden Rice is expected to be drafted at next Thursday's NFL Draft
The British singer is returning to the charts after a three year hiatus with his new single
HONG KONG, April 18, 2024 (GLOBE NEWSWIRE) -- Banle Group (the “Group” or “Banle”) (Nasdaq: BANL), a reputable marine fuel logistic company in the Asia Pacific, today reported its audited financial results for the full year ended December 31, 2023 (“FY2023”). Results compared with the full year ended December 31, 2022 (“FY2022”) are as follows: For the Year Ended December 31, 2023 2022ChangeRevenueUS$435,897,718 US$462,906,257-5.8%Cost of revenueUS$428,686,593 US$453,781,238-5.5%Gross profitUS$7
‘He labels himself as an activist who is proud of his lifestyle and I don’t think that should be imposed on our students,’ one school board member said
World’s largest barbecue brand offering guests $5 off Picnic Packs on April 23rd National Picnic Day with Dickey's Barbecue Pit Enjoy the Outdoors with Dickey's Dallas, TX, April 18, 2024 (GLOBE NEWSWIRE) -- Let Dickey’s Barbecue Pit help you combine your two favorite pastimes; spending time with loved ones and enjoying some Legit. Texas. Barbecue. April 23rd is National Picnic Day, and the Texas-style barbecue brand has plenty of hickory smoked offerings to assist you in embracing the outdoors,
CENTURY CITY, Calif., April 18, 2024--Watt Plaza has entered into a 10-year lease agreement with Industrious, the celebrated flexible workplace company, for a full floor of the office complex in the heart of Century City. Industrious will operate 19,000 square feet of the North Tower of Watt Plaza at 1875 Century Park East, with an expected opening date in Q4 of 2024 following a complete renovation.
HARTFORD, Conn., April 18, 2024--Corbin Advisors releases its Q1’24 Inside The Buy-Side® Industrial Sentiment Survey®. Survey finds industrial investor optimism continues to rise.
An erratic Nasdaq composite reversed back into negative territory Thursday afternoon, down more than 0.5%, as tensions in the Middle East bubbled up again. Chip giant Nvidia is testing its 50-day moving average. Volume was running virtually flat on both the Nasdaq and the NYSE vs. the same time on Wednesday.
Despite $554 million in record monthly revenue, casinos continue assault on skill gamesHarrisburg, PA, April 18, 2024 (GLOBE NEWSWIRE) -- Pennsylvania Skill, powered by Pace-O-Matic (POM), commends Pennsylvania’s casino industry which reported a record combined revenue from all forms of gaming during March 2024. The funding comes from slot machines, table games, internet gaming, sports wagering, fantasy contests and video gaming terminals (VGTs). This all-time monthly high figure of $554,625,294
Jaylen Griffin would've turned 16 years old next week, police said
WASHINGTON, April 18, 2024--US Cyber Command’s Gen. Haugh and DOD CIO John Sherman to speak at the 15th Annual Billington CyberSecurity Summit being held September 3-6 in DC.
The World Bank Group on Thursday unveiled a new goal to help countries deliver affordable healthcare to 1.5 billion people by 2030 by expanding services to remote areas, cutting fees and other financial barriers and focusing on lifetime care. The development lender said it would deploy financing, its own health expertise and new partnerships with private-sector firms, non-governmental organizations and civil society groups in reaching the target, which it defines as a person receiving treatment by a health care worker through an in-person visit or a telehealth appointment. This is being exacerbated by climate change, pandemics, conflicts, societal aging, and a projected shortfall of 10 million healthcare workers by 2030, it said.
The Justice Department on Thursday sought to assuage concerts over a provision included in the bill to reauthorize the nation’s warrantless spy powers that would shift the definition of which communications companies must comply. The provision, added in an amendment approved by the House, is one of several alarming Senate privacy hawks as they take…
Dunkin’ is treating customers in honor of National Cold Brew Day on Saturday, April 20
Paul Morigi/Getty Images for Care Can't Wait ActionRep. Rosa DeLauro (D-CT) went off on House Republicans on Thursday, mincing no words as she decried the group for preventing the swift delivery of aid to Ukraine.During a debate on foreign aid on Thursday, DeLauro told the House Rules Committee that she remembered when certain GOP members said they would approve sending additional aid to Ukraine, if they could achieve a bipartisan agreement to boost border security.“We accomplished bipartisan bo