The SEC approved a new type of direct listing where companies can simultaneously go public and raise cash from public market investors.
Schlagwort-Archiv: Financial
Tiffany beats profit estimates, signals recovery after pandemic blow
The U.S. jeweler said worldwide sales in August so far were slightly higher than a year earlier, as the rebound in second-quarter revenues in China extended into the current quarter.
HSBC launches new funds targeting niche ’natural capital‘ industry, hoping to take it mainstream
The new venture is aiming to make ’natural capital‘ its own asset.
New blank-check company from Bancorp founder lays groundwork for a fintech deal
A new $750 million special purpose acquisition company, or SPAC, is listing on the Nasdaq Wednesday with the goal of buying a global fintech company.
Trump ban on WeChat would hit U.S. business revenues, survey says
The White House’s executive order on messaging app WeChat would have a significant negative impact on revenues for companies in China subject to U.S. jurisdiction, according to a survey released Wednesday by the American Chamber of Commerce in Shanghai.
Fed’s Esther George sees risks building of double-dip recession
The central bank official told CNBC the resurgence of Covid-19 „is an important risk to that outlook.“
Stocks making the biggest moves in the premarket: Dick’s Sporting Goods, Apple, Salesforce & more
The stocks making the biggest moves in premarket trading include Dick’s Sporting Goods, Apple, Salesforce, and more.
HSBC launches new funds targeting niche ’natural capital‘ industry, hoping to take it mainstream
The new venture is aiming to make ’natural capital‘ its own asset.
Salesforce soars on big earnings beat
An adjustment to reflect a gain on investments helped Salesforce beat expectations, a day after the announcement that Salesforce would join the Dow Jones Industrial Average.
Dick’s Sporting Goods crushes Wall Street estimates as online sales surge 194%, shares soar
Dick’s Sporting Goods reported eye-popping quarterly earnings and sales growth as consumers flocked to its website for hiking gear, kayaks, weights and workout clothes to stay busy during the coronavirus crisis.