• HP's new gaming laptops include an Omen 15 redesign and 16-inch Pavilion
    Engadget

    HP's new gaming laptops include an Omen 15 redesign and 16-inch Pavilion

    HP is revamping its gaming laptops in a big way, including a sleeker Omen 15 and its first 16-inch Pavilion.

  • Reuters

    Cox Energy says "perfect time" to invest in Mexico despite regulatory overhaul

    Spanish solar energy firm Cox Energy believes it is the perfect time to invest in Mexico, its chief executive said, arguing against the "noise" about regulatory changes in the energy sector that critics find detrimental to investments. In the recent weeks, President Andres Manuel Lopez Obrador's government has moved to give the national power utility, Federal Electricity Commission, more control over the industry, saying private sector contracts were "predatory" and caused high prices. The government action has upset some of Mexico's principal foreign allies and powerful business associations, with many complaining that the administration is undermining investor confidence by not respecting the terms of agreements.

  • Paris Baguette Targets Toronto as Growth Market
    Business Wire

    Paris Baguette Targets Toronto as Growth Market

    As Paris Baguette’s international popularity continues to grow, the bakery-café franchise focuses its expansion efforts on Toronto. Based on global demand and steady growth for the bakery market in Canada, Paris Baguette seeks development opportunities in Canada’s most populous city.

  • Datadobi Offers Ultimate Unstructured Data Migration Flexibility with S3-to-S3 Object Migration Support
    Business Wire

    Datadobi Offers Ultimate Unstructured Data Migration Flexibility with S3-to-S3 Object Migration Support

    Datadobi today announced DobiMigrate 5.9 with added support for S3-to-S3 object migrations.

  • India steps up efforts to curb locust infestation
    Reuters

    India steps up efforts to curb locust infestation

    Battling its worst desert locust outbreak in decades, India is ordering new equipment to control the swarms before summer crop-sowing gathers pace in the middle of this month. India has brought the locusts under control at 399 locations in five states and has placed an order to buy 60 new insecticide spraying machines, two government sources said. Authorities have used specialist vehicles and fire engines to spray insecticides in an area of 55,542 hectares in the western states of Gujarat, Rajasthan and Maharashtra, central state of Madhya Pradesh and Punjab, and Haryana and Uttar Pradesh in the north.

  • Square Crypto grants $100K to bitcoin’s Lightning Network watchtower The Eye of Satoshi
    The Block

    Square Crypto grants $100K to bitcoin’s Lightning Network watchtower The Eye of Satoshi

    Square Crypto has awarded a new grant to Talaia Labs, which is building bitcoin’s Lightning Network watchtower called The Eye of Satoshi.The post Square Crypto grants $100K to bitcoin's Lightning Network watchtower The Eye of Satoshi appeared first on The Block.

  • TikTok Blames ‘Technical Glitch’ for Suppressing View Counts on #BlackLivesMatter, #GeorgeFloyd Videos
    Variety

    TikTok Blames ‘Technical Glitch’ for Suppressing View Counts on #BlackLivesMatter, #GeorgeFloyd Videos

    TikTok said a "technical glitch" last week made it temporarily appear as if videos users shared using BlackLivesMatter and GeorgeFloyd hashtags had zero views -- and the short-form video company vowed to do better in representing and supporting black creators. Many TikTok users assumed the issue was an intentional act of censorship by the company, […]

  • MyndTec Announces Partnership with SDVOSB Maness Veteran Medical to Distribute MyndMove™ to the US Department of Defense and The Department of Veterans Affairs
    PR Newswire

    MyndTec Announces Partnership with SDVOSB Maness Veteran Medical to Distribute MyndMove™ to the US Department of Defense and The Department of Veterans Affairs

    To improve access for US veterans and active duty military to the latest innovative technology, MyndTec, an award-winning Canadian medical technology company announced today their partnership with Maness Veteran Medical (MVM), a proud Service-Disabled Veteran-Owned Small Business (SDVOSB), to distribute the MyndMove™ Device to the US Department of Defense (DoD) and Veterans Affairs (VA). MyndMove™ therapy is a revolutionary advancement approved in the US for use in the treatment of arm and hand paralysis caused by stroke or spinal cord injury (SCI).

  • German stocks surge after three-day break as equities extend winning run
    MarketWatch

    German stocks surge after three-day break as equities extend winning run

    European stocks on Tuesday extended recent gains as economies reopen, with German stocks booming after a three-day break.

  • Melody Investment Advisors Closes on Acquisition of Uniti Towers
    PR Newswire

    Melody Investment Advisors Closes on Acquisition of Uniti Towers

    Melody Investment Advisors ("Melody"), an alternative asset manager focused on communications infrastructure, is pleased to announce that it has closed its previously announced transaction to acquire both the Uniti Towers tower development business and over 500 US-based towers from Uniti Group Inc. ("Uniti") (NASDAQ: UNIT).

  • Motley Fool

    How to Be Diversified Without Overexposure

    Discover the best way to protect against being overexposed to a single sector or company while still letting your winners win.

  • Global Information Security Services Industry (2020 to 2027) - Market Trajectory & Analytics - ResearchAndMarkets.com
    Business Wire

    Global Information Security Services Industry (2020 to 2027) - Market Trajectory & Analytics - ResearchAndMarkets.com

    The "Information Security Services - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

  • Dow Jones Futures Jump 200 Points Amid Trump Comments, As Civil Unrest Continues; 3 Tech Giants In New Buy Zones
    Investor's Business Daily

    Dow Jones Futures Jump 200 Points Amid Trump Comments, As Civil Unrest Continues; 3 Tech Giants In New Buy Zones

    Dow Jones futures were up early Tuesday. Tech giants Apple, Netflix and Tesla were in new buy zones, while Domino's Pizza broke out.

  • MarketWatch

    Inpixon's stock soars on heavy volume after CEO touts distancing, contact tracing technology in USA Today report

    Shares of Inpixon soared 32% on heavy volume in premarket trading Tuesday, after the data intelligence company's Chief Executive Nadir Ali told USA Today that Inpixon was working with cruise lines and hotels on customer safety measures. Trading volume spiked to 2.5 million shares, enough to make the stock the most actively traded ahead of the open. In the company's earnings report last month, Ali said he believed Inpixon was in position to fill a "critical need" during the COVID-19 pandemic, as its products can help businesses monitor physical distancing, facilitate digital contact tracing and identify areas within facilities to focus increased cleaning efforts. In Monday's USA Today report, Ali said Inpixon can collect data using scanners that pic, up on Wi-Fi, Bluetooth and cellular signals and can color code a cruise ship's map to depict crowd-density levels, and can help with contact tracing. The stock has plunged 71.1% year to date through Monday, while the S&P 500 has slipped 5.4%.

  • Motley Fool

    Why Microsoft and Slack Compete

    In this episode of Industry Focus: Tech, Dylan Lewis and Motley Fool contributor Brian Feroldi discuss the competitive dynamics between Slack (NYSE: WORK) and Microsoft (NASDAQ: MSFT) and the enterprise software segment in general. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. Dylan Lewis: It's Friday, May, 29th, and we are talking about the ongoing war between Microsoft and Slack.

  • KKR Spends Big and Fast to Avoid Mistakes of 2008 Crisis
    Bloomberg

    KKR Spends Big and Fast to Avoid Mistakes of 2008 Crisis

    (Bloomberg) -- When Covid-19 hit the world economy, KKR & Co.’s management jumped on calls and quickly agreed they’d seen this movie before.The plot contained a massive market dislocation, financing shutdown and uncertain future for company earnings. That was during the great financial crisis, which KKR could have played better, according to Johannes Huth, its top dealmaker in Europe.“There’s a conscious effort on our side to not repeat our shortcomings of ’08/’09 in terms of deploying capital,” he said in a interview by video call last week. KKR decided “very early on, before markets hit all-time lows,” that it needed to invest through the downturn, Huth said.It has wasted little time. KKR has been the most-active private equity house globally since the coronavirus crisis took hold of markets at the start of March, deploying $12.7 billion, according to data compiled by Bloomberg.With many in private equity taking a cautious approach to acquisitions through the downturn, KKR has spent more than three major rivals combined -- Silver Lake Management, Apollo Global Management Inc. and Blackstone Group Inc. Silver Lake has been the second-busiest acquirer, with $5.9 billion in deals during the period, the data show.Quick-Fire DealsIn mid-March, as virus lockdowns came into force, KKR’s infrastructure team acted fast to buy waste-management business Viridor Ltd. for 4.2 billion pounds ($5.2 billion) from Pennon Group Plc. It was the biggest carve-out at a publicly traded U.K. company since 2018.A similar deal was struck in May, when KKR agreed to acquire the Wella and Clairol beauty brands from U.S. cosmetics company Coty Inc. in a $4.3 billion transaction that includes a $1 billion investment in Coty.KKR is also one of three firms offering to take control of Spanish phone carrier Masmovil Ibercom SA for 3 billion euros ($3.3 billion) in what would be one of the biggest take-privates of the pandemic.“The best performing vintages in private equity tend to be those that invest during economic downturns,” said Dylan Cox, lead private equity analyst at PitchBook.By deploying capital in this way, KKR is seen to be following a strategy practiced by renowned investors such as Warren Buffett during the 2008 crash, according to people who have worked with the firm on deals. Buffett backed companies including General Electric Co. and Goldman Sachs Group Inc. with billions of dollars at the time -- bets that were rewarded when equity markets entered a historic bull-run.“We probably didn’t take enough time to take advantage of lower valuation multiples,” Huth said of KKR’s post-2008 playbook.Beyond BuyoutsThe firm founded in 1976 by Jerome Kohlberg, Henry Kravis and George Roberts is best known for leveraged buyouts -- a reputation immortalized in the 1989 book and subsequent film “Barbarians at the Gate,” which chronicled its hard-fought takeover of the U.S. tobacco and food company RJR Nabisco.KKR closed its latest European private equity fund in November 2019 -- a 5.8 billion-euro vehicle. It raised its latest, much larger, North American and Asia private equity funds in 2017, according to its website.The coronavirus crisis has stifled the world’s financing markets and this, coupled with $58 billion in uncalled commitments from investors, means KKR has been spurred into writing unusually large equity checks for its recent buying spree.“I’ve seen this movie before in 2007,” said Huth. “The dislocation of the financing markets may take one or two years. So we finance deals very conservatively, or entirely with equity, and then when markets are back we refinance.”KKR manages assets of $207 billion across a range of strategies and is tapping its varied pools of capital to help diversify away from leveraged buyouts.In April, the firm decided to reboot an unsuccessful credit fund in an effort to scoop up bonds and loans souring amid the crisis. A month later, it said it would use $1 billion from its third global infrastructure fund to build data centers in Europe.KKR has also been busy in the public markets, taking stakes in German media company ProSiebenSat.1 Media SE and food service distributor US Foods Holding Corp. Other deals include a $1.5 billion investment in Indian digital services group Jio Platforms Ltd. -- its biggest ever in Asia.“What’s currently happening in public markets isn’t reflecting current value for some companies that we know well, and so we take the strategy of investing in toeholds in a number of companies,” said Huth.Risk OnThe public markets weren’t kind to KKR during the last crisis, disrupting a planned initial public offering in 2007. Adding to the sting at the time was the fact that rival Blackstone successfully went public prior to the meltdown. KKR eventually listed three years later.Its share price has fallen 3% in virus-hit markets the year, giving the firm a market value of $24 billion. In the first quarter, its private equity portfolio fell 12% as companies became squeezed by the pandemic. One KKR asset that has been struggling is vending machine operator Selecta.KKR Co-President Scott Nuttall said in May: “We find ourselves in the fortunate position of being ready as a firm this time to not only play defense but also playing more offense and we’ve been doing a lot of both.”The firm has multiple calls throughout the week with Covid-19 point people at the companies in which it invests and has separate teams to keep track of available government support and potential debt repayment issues, according to Huth. Having these measures in place has given KKR the confidence to pursue bold dealmaking, he said.“We are going to continue to invest in this environment,” said Huth. “You have to take that risk but that’s also what our investors give us money for.”(Updates with analyst quote in fourth paragraph under ‘Quick-Fire Deals’ subhead)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Business Wire

    G.research’s 12th Annual Entertainment & Broadcasting Conference

    Gabelli Funds, in conjunction with G.research, will host its 12th Annual Entertainment & Broadcasting Conference on June 4. The conference will be held virtually. This research meeting will feature presentations by senior management of leading broadcasting and entertainment companies, with an emphasis on industry dynamics, new technologies and company fundamentals. It will also include a Sports Valuation Panel. Investors should contact their salesperson for more information or to register.

  • TheStreet.com

    Dow Futures Gain On Economic Recovery Hopes As Markets Look Past George Floyd Protest, U.S.-China Tensions

    US stocks continue to grind higher, with the S&P; 500 now just 11% from its February 19 peak, as recovery hopes, government spending and Federal Reserve purchases provide ongoing support for Wall Street.

  • Insights into the Worldwide Protein Ingredients Market to 2027 - Impact of COVID-19 - ResearchAndMarkets.com
    Business Wire

    Insights into the Worldwide Protein Ingredients Market to 2027 - Impact of COVID-19 - ResearchAndMarkets.com

    The "Protein Ingredients - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

  • Canada’s Film & TV Industry Presents Unique Insurance Solution with Government Support (EXCLUSIVE)
    Variety

    Canada’s Film & TV Industry Presents Unique Insurance Solution with Government Support (EXCLUSIVE)

    Canada’s production community is working towards a bespoke insurance solution as the country looks to jumpstart production after it ground to a halt in March amid the coronavirus outbreak. Variety can reveal that producers' trade body, the Canadian Media Producers Association (CMPA), is developing a proposal for a “market-based solution” that asks the federal government […]

  • Global Polymeric Foams Industry (2020 to 2027) - Market Trajectory & Analytics - ResearchAndMarkets.com
    Business Wire

    Global Polymeric Foams Industry (2020 to 2027) - Market Trajectory & Analytics - ResearchAndMarkets.com

    The "Polymeric Foams - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

  • 4 Ways to Resist Emotional Trading During This Recession
    Motley Fool

    4 Ways to Resist Emotional Trading During This Recession

    "A mad player is a bad player." That's what sports commentators say when an athlete's emotions go haywire mid-game and negatively affect performance. The same thing can happen to investors of any experience level.

  • Baozun Earnings Beat; China E-Commerce Stock Jumps
    Investor's Business Daily

    Baozun Earnings Beat; China E-Commerce Stock Jumps

    Baozun earnings beat first-quarter views early Tuesday, though the Chinese e-commerce services firm fell short on revenue. Baozun stock jumped.

  • Chronic Pancreatitis Markets, Epidemiology & Patient Population, Treatment & Management, and Unmet Needs - Forecast to 2030
    PR Newswire

    Chronic Pancreatitis Markets, Epidemiology & Patient Population, Treatment & Management, and Unmet Needs - Forecast to 2030

    The "Chronic Pancreatitis (CP) - Epidemiology Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

  • Desert Financial Credit Union Partners with TCI
    Business Wire

    Desert Financial Credit Union Partners with TCI

    Desert Financial Credit Union Partners with TCI

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