• EnergyWare, LLC Extends Thanks to Its Customers
    PR Newswire

    EnergyWare, LLC Extends Thanks to Its Customers

    While the country is responding to the coronavirus pandemic, and close to 30 million Americans have filed for unemployment benefits over the past six weeks, EnergyWare is thanking its customers for their continued support. As a result of its strong customer base, the company has been able to cover the salaries of its people, opting to avoid furloughing or laying off its employees. This commitment couldn't be possible without the continued support of the EnergyWare community: the loyal customers who, despite the current economic landscape, continue to work with EnergyWare to navigate this crisis together. EnergyWare is a full-service, nationwide Energy Efficiency design, engineering, and installation company.

  • Dow Jones Futures Reverse Lower; Tech Giants Alphabet, Apple Stage Breakouts In Coronavirus Vaccine Stock Market Rally
    Investor's Business Daily

    Dow Jones Futures Reverse Lower; Tech Giants Alphabet, Apple Stage Breakouts In Coronavirus Vaccine Stock Market Rally

    The Dow Jones futures were lower late Tuesday following the coronavirus stock market rally. Five top stocks near buys include Alphabet and Apple.

  • CNW Group

    NordStar Capital to Acquire Torstar

    NordStar Capital to Acquire Torstar

  • Is Renascor Resources Limited's (ASX:RNU) CEO Pay Justified?
    Simply Wall St.

    Is Renascor Resources Limited's (ASX:RNU) CEO Pay Justified?

    David Christensen has been the CEO of Renascor Resources Limited (ASX:RNU) since 2010. First, this article will...

  • Oil Halts Rally Near $34 on Signs Russia May Ease Supply Cuts
    Bloomberg

    Oil Halts Rally Near $34 on Signs Russia May Ease Supply Cuts

    (Bloomberg) -- Oil slipped from the highest settlement in 11 weeks on signs Russia was planning to start easing supply cuts from July, while tensions between the U.S. and China escalated amid the specter of sanctions.Futures fell 1.1% in New York after closing above $34 a barrel for the first time since March. Moscow is determined to scale back curbs in line with the OPEC+ agreement, according to people familiar with the matter, but a spokesman for President Vladimir Putin said that Russia would analyze the market before making a decision. Meanwhile, U.S.-China relations are back in the spotlight as Washington considers sanctions to punish Beijing for its Hong Kong crackdown.However, the outlook for the physical oil market continued to improve as more economies get back on their feet. Nigeria and Algeria have lifted the official selling prices for their crude, a sign that they believe customers are willing to pay more for their barrels, while U.S. stockpiles are expected to drop further.Supply cuts and the recovery of demand in some countries following the easing of lockdown restrictions has led to oil surging about 80% this month after slumping below zero in April. But, there are signs that the rebound is likely to be slow and uncertain, with U.S. gasoline consumption muted over the Memorial Day weekend, which is typically the peak period for American fuel demand.OPEC and its allies agreed to reduce output by almost 10 million barrels a day from the start of May in an effort to drain a worldwide glut. As part of that deal, cuts would slowly taper from July. Three Russian officials and two people in the industry, speaking on condition of anonymity, said the nation’s position is to stick to that plan.U.S. oil output will bottom out at about 10.7 million barrels a day in June, which would be the lowest in two years, according to Rystad Energy. Still, the fragile nature of the recovery was on display over the Memorial Day weekend, with gasoline demand dropping an estimated 25% to 35% from a year earlier.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.

  • Jefferies to Hold Global Coronavirus Relief Charity Day Today Dedicated to the Memory of Peg Broadbent
    Business Wire

    Jefferies to Hold Global Coronavirus Relief Charity Day Today Dedicated to the Memory of Peg Broadbent

    Jefferies announced that it is holding its Global Coronavirus Relief Charity Day today. The firm and its staff will contribute to global charities and relief efforts to assist those suffering from the devastation caused by the Coronavirus global pandemic and will offer investors around the world the opportunity to join these efforts by trading with Jefferies. Jefferies will dedicate this entire effort to their late CFO Peg Broadbent, who was a victim of this terrible disease.

  • Asian stocks pull back as Hong Kong uncertainty weighs
    Reuters

    Asian stocks pull back as Hong Kong uncertainty weighs

    Asian shares shed some of their recent gains on Wednesday as investor concerns about rising tensions between the United States and China tempered optimism about a re-opening of the world economy. U.S. President Donald Trump said late on Tuesday he is preparing to take action against China this week over its effort to impose national security laws on Hong Kong, but gave no further details. The index had cleared 3,000 points in Wall Street overnight before pulling back, as some traders returned to the New York Stock Exchange floor for the first time in two months.

  • Should You Be Tempted To Sell Steve Leung Design Group Limited (HKG:2262) Because Of Its P/E Ratio?
    Simply Wall St.

    Should You Be Tempted To Sell Steve Leung Design Group Limited (HKG:2262) Because Of Its P/E Ratio?

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll look at Steve Leung...

  • Reuters

    GLOBAL MARKETS-Asian stocks pull back as Hong Kong uncertainty weighs

    Asian shares shed some of their recent gains on Wednesday as investor concerns about rising tensions between the United States and China tempered optimism about a re-opening of the world economy. U.S. President Donald Trump said late on Tuesday he is preparing to take action against China this week over its effort to impose national security laws on Hong Kong, but gave no further details. The index had cleared 3,000 points in Wall Street overnight before pulling back, as some traders returned to the New York Stock Exchange floor for the first time in two months.

  • GlobeNewswire

    WestBond To Produce Disinfectant Wipes

    WestBond Enterprises Corporation (WBE.V) is pleased to announce that its wholly owned subsidiary, WestBond Industries Inc. has been issued a DIN (Drug Identification Number) by Health Canada to produce wet disinfectant wipes. The company already produces dry patient wipes for the health care industry and recognized the need for adding wet wipes to its product line. The company expects to significantly increase sales and profits due to the high demand for these wiping products in light of the COVID-19 situation.

  • GlobeNewswire

    Amid the COVID-19 crisis and the looming economic recession, the Animation Software market worldwide will grow by a projected US$190.8 Billion, during the analysis period

    New York, May 26, 2020 -- Reportlinker.com announces the release of the report "Global Animation Software Industry" - https://www.reportlinker.com/p05443577/?utm_source=GNW 3.

  • A Rising Share Price Has Us Looking Closely At Feiyang International Holdings Group Limited's (HKG:1901) P/E Ratio
    Simply Wall St.

    A Rising Share Price Has Us Looking Closely At Feiyang International Holdings Group Limited's (HKG:1901) P/E Ratio

    Feiyang International Holdings Group (HKG:1901) shares have had a really impressive month, gaining 31%, after some...

  • e.l.f. Beauty, Inc. (ELF) Q4 2020 Earnings Call Transcript
    Motley Fool

    e.l.f. Beauty, Inc. (ELF) Q4 2020 Earnings Call Transcript

    ELF earnings call for the period ending March 31, 2020.

  • China Online Education Group (COE) Q1 2020 Earnings Call Transcript
    Motley Fool

    China Online Education Group (COE) Q1 2020 Earnings Call Transcript

    Image source: The Motley Fool. China Online Education Group (NYSE: COE)Q1 2020 Earnings CallMay 26, 2020, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorHello, ladies and gentlemen.

  • Oil falls on demand concerns, U.S.-China tensions
    Reuters

    Oil falls on demand concerns, U.S.-China tensions

    Oil prices fell on Wednesday on concerns over how quickly fuel demand will recover even as lockdowns ease in many countries with falling coronavirus cases, with U.S.-China tensions adding to pressure. Brent crude <LCOc1> futures fell 40 cents, or 0.7%, to $35.77 by 0009 GMT, after falling 1.8% on Tuesday. U.S. West Texas Intermediate (WTI) crude futures <CLc1> were down 49 cents, or 1.2%, at $33.95 a barrel, having risen 3.3% the previous session.

  • Avcorp Announces COVID-19 Precautionary Measures for its Annual Meeting of Shareholders
    PR Newswire

    Avcorp Announces COVID-19 Precautionary Measures for its Annual Meeting of Shareholders

    Avcorp Announces COVID-19 Precautionary Measures for its Annual Meeting of ShareholdersPR NewswireVANCOUVER, May 26, 2020VANCOUVER, May 26, 2020 /PRNewswire/ - Avcorp Industries Inc. Pacific time, at 10025 River Way, Delta, British Columbia  Canada (the "Meeting").

  • Bloomberg

    Ambani Prepares Facebook-Backed Unit for Overseas IPO

    (Bloomberg) -- Reliance Industries Ltd. is working with banks on early preparations for an overseas listing of its digital and wireless business, people with knowledge of the matter said, after the unit attracted more than $10 billion of investment in a month.The conglomerate backed by Mukesh Ambani, Asia’s richest man, is preparing Jio Platforms Ltd. for an initial public offering outside of India, the people said. The offering could happen in the next 12 to 24 months and the company hasn’t decided on a listing venue, one of the people said. There’s also no final decision on timeline and size, according to the people, who asked not to be identified as the discussions are private.KKR & Co. last week became the latest investor piling into Jio Platforms after Ambani sealed deals with Facebook Inc., Silver Lake Partners and General Atlantic recently. An overseas listing could potentially give the digital business a higher valuation and allow existing investors to exit, the people said.Read: Asia’s Richest Man Lures $10 Billion of Investment in WeeksA representative for Reliance Industries declined to comment.Jio Platforms combines Reliance’s digital assets with its wireless carrier, Reliance Jio Infocomm Ltd., into a holding company aimed at becoming a top e-commerce and payments operator in India’s vast consumer market.Investors are betting on Jio’s access to India’s huge consumer market, and its potential to shake up traditional industries in the country -- from retail to education and payments -- with its technology. India is the only major open Internet market where foreign technology giants such as Amazon.com Inc., Walmart Inc. and Google’s parent Alphabet Inc. can compete for market share.Started in 2016, Reliance Jio is now India’s largest wireless carrier. The operator stormed past rivals by building a nationwide 4G network, then offering free calling and data services at prices established competitors with older networks could not match without losing money. Ambani was weighing an IPO of Reliance Jio three years ago after a $31 billion investment spree, Bloomberg News reported in 2017.Shares of Reliance Industries have fallen about 5% this year, giving the conglomerate a market value of about $120 billion.(Updates to add Reliance’s share performance in the last 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.

  • Twitter Adds Fact-Check Label to Trump Tweets for First Time
    Bloomberg

    Twitter Adds Fact-Check Label to Trump Tweets for First Time

    (Bloomberg) -- Twitter Inc. has started fact-checking Donald Trump. The U.S. President didn’t take it lightly.Following years of criticism that the social network let the president spread misinformation, on Tuesday a pair of Trump’s tweets that made unsubstantiated claims about mail-in voting were appended with links reading “Get the facts about mail-in ballots.”The labels take readers to a page with a collection of stories and reporters’ tweets about the president’s claims, as well as an item apparently authored by Twitter staff titled “What you need to know” that rebuts Trump.It’s the first time Twitter has taken action on Trump’s posts for being misleading, and the president responded shortly afterward, tweeting that the company was interfering with the 2020 election.“Twitter is completely stifling FREE SPEECH, and I, as President, will not allow it to happen!” Trump posted to his 80 million followers.The labels are part of a policy Twitter expanded earlier this month when it started labeling misinformation related to Covid-19. Posting misinformation is not against the company’s rules, but Twitter is adding links providing more information to tweets “where people may still be confused or misled,” it said at the time. Twitter has expanded that policy to include tweets about voting, according to a spokesperson, who declined to share if this policy included other topics.“Trump falsely claimed that mail-in ballots would lead to ‘a Rigged Election,’” the Twitter-authored item reads. “However, fact-checkers say there is no evidence that mail-in ballots are linked to voter fraud.”Twitter confirmed it had added the fact-checking links to Trump’s tweets.Trump campaign manager Brad Parscale said the label was an effort to impede the president’s efforts to get his message to voters. “Partnering with the biased fake news media ‘fact checkers’ is only a smoke screen Twitter is using to try to lend their obvious political tactics some false credibility,” Parscale said in a statement.Trump shared the same post about mail-in ballots on Tuesday to his Facebook page, where he has more than 29 million followers. That post is still up and doesn’t include any warning or label. Facebook Inc. didn’t immediately respond to a request for comment.Twitter was under pressure earlier in the day to remove other Trump tweets -- just not the ones focused on mail-in ballots. The New York Times published a letter written by a man whose wife died in former Representative Joe Scarborough’s office, asking Twitter Chief Executive Officer Jack Dorsey to remove tweets Trump posted encouraging a baseless conspiracy theory that Scarborough murdered the woman, Lori Klausutis.Twitter issued a statement apologizing for the pain Trump’s tweets caused Klausutis’s family but did not say whether the tweets would be removed. They are still visible on the president’s Twitter account and on his Facebook page.(Updates with Trump response in fifth 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.

  • Twitter adds fact-check warning label to Trump’s tweets for first time
    MarketWatch

    Twitter adds fact-check warning label to Trump’s tweets for first time

    Twitter Inc. marked tweets by President Donald Trump with a fact-check warning label for the first time Tuesday, after the president falsely claimed mail-in ballots are “substantially fraudulent.”

  • TheStreet.com

    'V' for Victory?: Cramer's 'Mad Money' Recap (Monday 5/26/20)

    Jim Cramer looks at the rally and asks, will this turn out to be a V-shaped recession and recovery after all?

  • Business Wire

    CoStar Group, Inc. Announces Exercise of Underwriters' Option to Purchase an Additional 343,511 Shares of Common Stock

    CoStar Group, Inc. (Nasdaq: CSGP) ("CoStar") today announced that the underwriters have exercised their option to purchase an additional 343,511 shares of CoStar’s common stock at $655.00 per share, in addition to the 2,290,076 shares of CoStar common stock, which were purchased on May 20, 2020. Goldman Sachs & Co. LLC, J.P. Morgan, BofA Securities and Citigroup are acting as joint book-running managers for the offering. The sale of the overallotment shares is expected to close on March 28, 2020, subject to customary closing conditions. CoStar expects to use the net proceeds of the offering to fund all or a portion of the costs of any strategic acquisitions it determines to pursue in the future, to finance the growth of its business and for working capital and other general corporate purposes.

  • Business Wire

    OneSpaWorld Files Investor Presentation

    OneSpaWorld Holdings Limited (NASDAQ: OSW), the pre-eminent global provider of health and wellness products and services on board cruise ships and in destination resorts around the world, today filed an investor presentation regarding the previously announced $75 million equity financing to be voted on at the Company’s Annual Meeting of Shareholders on June 10.

  • Hollywood Hills Parties Getting Wilder During the Pandemic, LAPD Says
    Variety

    Hollywood Hills Parties Getting Wilder During the Pandemic, LAPD Says

    The Los Angeles Police Department has issued a warning directed to Hollywood Hills residents after seeing an "increase in loud house parties" during the coronavirus pandemic. With the Los Angeles night club and bar scene currently shuttered due to shelter-in-place and social distancing regulations, cops are more frequently answering house calls over loud disturbances in […]

  • If You Had Bought Watts International Maritime Engineering (HKG:2258) Stock A Year Ago, You'd Be Sitting On A 23% Loss, Today
    Simply Wall St.

    If You Had Bought Watts International Maritime Engineering (HKG:2258) Stock A Year Ago, You'd Be Sitting On A 23% Loss, Today

    Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. Active...

  • Should You Buy Industrias Bachoco, S.A.B. de C.V. (IBA)?
    Insider Monkey

    Should You Buy Industrias Bachoco, S.A.B. de C.V. (IBA)?

    At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]

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