Numerous musicians and celebrities are set to appear in "Songs to Save Them All: A Benefit for Homeless Pets," a three-hour benefit concert for Best Friends Animal Society streaming on July 22, 7PM ET/4PM PT.
The Global Automated Security E-gate Market will grow by $ 1.63 bn during 2020-2024
Global Sources announced that the first Global Sources Online Show ("GSOS") is scheduled to be held from July 29 to August 9, allowing more than two million online and tradeshow buyers worldwide to source from around 900 premium and verified suppliers with around-the-clock service for two consecutive weeks.
HUAWEI Video, the video-on-demand (VOD) streaming platform by HUAWEI, is partnering with Mediacorp Pte. Ltd. (Mediacorp), Singapore's national media network and largest content creator, to provide a variety of original video content on-demand for users in Hong Kong. The video content includes a collection of original television series and lifestyle titles for users to watch conveniently on-the-go.
(Bloomberg) -- Datto Inc., a developer of cloud-based data backup software, is moving ahead with an initial public offering that could come as early as this year, according to people familiar with the matter.Datto, which is owned by Vista Equity Partners, is trying to decide whether it should list its shares this year or in 2021, the people said, asking not to be identified because the matter is private. The company has filed confidentially for an initial public offering in which it could be valued at more than $1 billion, the people said.The company has hired Morgan Stanley, Bank of America Corp., Barclays Plc and Credit Suisse Group AG as underwriters on the proposed offering, they said.The company’s plans aren’t final and could still change. Representatives for Vista, Morgan Stanley, Bank of America, Barclays and Credit Suisse declined to comment. A representative for Datto couldn’t immediately be reached.The Norwalk, Connecticut-based company has been weighing the pandemic’s effect on its business, which relies on small to mid-size companies to buy its software for security, data recovery and cloud backup.Many small businesses, a crucial part of the U.S. economy, have been hard hit by the fallout from the coronavirus pandemic and were scrambling for federal dollars early on. Many have had to cut costs, terminate workers or shut down permanently.Datto would be the latest listing in software, a sector that has become a sweet spot of the U.S. IPO market. The value of software listings doubled in value on a weighted-average basis over the past year. The S&P 500 Index edged up 6.1% during the same period.The company’s confidential IPO filing was reported earlier by Dealreporter.Datto was founded in 2007, according to its website. It acquired smaller rivals Backupify in 2014 and Open Mesh in 2017. It was acquired by Vista later that year and was merged with New York-based Autotask.Vista is one of the most active private equity investors in technology and software, managing more than $57 billion in assets.Another Vista-backed company, Jamf Holding Corp., which develops management software for Apple Inc. products, is planning to go public later this month.(Updates with Vista’s assets under management in 10th paragraph)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.
CEDARHURST, N.Y., July 14, 2020 -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of the following publicly traded companies. Elanco.
CEDARHURST, N.Y., July 14, 2020 -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of the following publicly traded companies..
Japanese stocks rose on Wednesday to a five-week peak as encouraging results from a coronavirus vaccine study and optimism about swift economic growth supported expectations that corporate earnings will pick up in the second half of the year. The Nikkei index rose 1.4% to 22,902.10 by 0157 GMT.
Dow Jones futures rose on positive Moderna coronavirus vaccine news, following a stock market rally rebound. Three key earnings reports loom.
A federal appeals court on Tuesday temporarily halted a judge’s order that the Dakota Access Pipeline be shut down in three weeks.
The Global ATV Steering System Market will grow by 286.80 th units during 2020-2024
New York, July 14, 2020 -- Reportlinker.com announces the release of the report "Automotive End-point Authentication Market Research Report by Connectivity, by Technology, by.
Asian shares jumped on Wednesday as optimism about a coronavirus vaccine bolstered risk appetite while the euro rose to a four-month top on the prospect of stimulus ahead of a crucial EU summit. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.2%, edging closer to a recent five-month peak. Japan's Nikkei added 1.5% to the highest since June 10 while Australia's benchmark index was up 1%.
SANTA MONICA, CA , July 14, 2020 /CNW/ - Gotham Green Partners, LLC ("Gotham") announces that it is ceasing to file reports in accordance with the alternative monthly reporting system under Part 4 of National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues ("NI 62-103") in respect of iAnthus Capital Holdings, Inc. ("iAnthus"). On July 13, 2020 , iAnthus announced the entering into of a Restructuring Support Agreement (as defined below) with Gotham and all the other Secured Lenders (as defined below) and over 91% of the Unsecured Debentureholders (as defined below) (the "Initial Consenting Unsecured Debentureholders") to effect a proposed recapitalization transaction (the "Recapitalization Transaction"). Gotham and iAnthus currently anticipate that the Recapitalization Transaction will be implemented by way of a plan of arrangement described below.
China's BGI Genomics Co said on Tuesday it expects first-half net profit to be about eight times the amount reported in the same period last year after the global pandemic created a surge in demand for its coronavirus test kits. The genomics company, which said it has distributed more than 35 million kits across 180 countries and regions, forecasted a net profit of between 1.53 to 1.63 billion yuan ($218.32-$232.66 million) in the six months to end-June, a jump of around 700% from 198 million yuan a year ago. The novel coronavirus, which first emerged in China late last year, has to date infected over 13 million people globally and killed more than 575,000.
Grange Resources Limited's (ASX:GRR) price-to-earnings (or "P/E") ratio of 3.7x might make it look like a strong buy...
Equity investors are no longer losing sleep over the short-term hit to company earnings from coronavirus lockdowns, instead they are looking for early evidence to support the V-shaped recovery narrative that has lifted stocks out of their mid-March crash. As Europe Inc starts churning out trading updates expected to show a more than 50% dive on average in second-quarter profits, many investors are keen to see whether the market bounce back can be sustained. European stocks have on average risen a whopping 36% from March 16 lows sending their valuations soaring to over 17 times their projected annual profits, well above the historic average of 14 according to Refinitiv data, indicating investors are happy paying a premium to buy stocks despite the uncertainty.
MONTREAL, July 14, 2020 -- PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the "Company", the “Corporation” or.
Acclime, the premier corporate services provider in Asia, announces today that it has signed a cooperation agreement with R&P; China Lawyers (R&P;) whereby the corporate services team of the law firm will be rebranded and operate as Acclime China. With this partnership, Acclime builds a solid presence in China and extends its footprint across seven jurisdictions in Asia, including Mainland China, Hong Kong, Indonesia, Malaysia, Singapore, Thailand, and Vietnam, with over 200 professional staff.
The Global Semiconductor Silicon Wafer Market will grow by $ 12.22 bn during 2020-2024
ViacomCBS is ending its long-running relationship with Nick Cannon after he made anti-Semitic comments on his podcast. In the June 30 episode of "Cannon's Class," the actor and TV host interviewed Professor Griff, a rapper who was a part of Public Enemy before leaving the group after making anti-Semitic remarks. On the podcast, Cannon said […]