Moody's Ratings (Moody's) has assigned a first-time Baa3 rating to the Brazosport Water Supply Corporation's (BWSC) $2.5 million senior secured Contract Revenue Water Supply Bonds, Taxable, Series 2024A and $335.89 million senior secured Contract Revenue Water Supply Bonds, Taxable, Series 2024B. Th...
Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar. To request full and unrestricted access to Lucror’s research and analytics platform, please visit
Moody's Ratings (Moody's) has affirmed Credit Union Australia Limited's long-term and short-term issuer ratings of Baa1/P-2, Counterparty Risk Ratings of A3/P-2, senior unsecured rating of Baa1, senior unsecured medium-term note (MTN) rating of (P)Baa1, other short-term rating of (P)P-2, Counterpart...
KEY HIGHLIGHTS Sector Internet We expect lukewarm mobile grossing growth in 1Q24, with an expected reacceleration in 2Q24, primarily boosted by the release of several highly-anticipated blockbuster titles. We are optimistic on the growth of the online games sector in 2024 as it will be driven by a further acceleration in Banhao approvals, consolidation towards top game producers and the emerging popularity of mini-games. Maintain MARKET WEIGHT. Update Budweiser APAC (1876 HK/BUY/HK$11.00/...
RxSight, Inc. Announces Pricing of Public Offering of Common Stock ALISO VIEJO, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: RXST) -- RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following cataract surgery, announced today that it has priced its underwritten public offering. RxSight expects to sell 1,785,714 shares of its common stock at a price to the public of $56.00 per share. RxSight has granted the underwriters a 30-day option to purchase up to an additional 267,857 shares of its common stock at the public...
GREATER CHINA Sector Internet: Expect growth momentum to reaccelerate in 2Q24 with release of blockbuster games. Update Budweiser APAC (1876 HK/BUY/HK$11.00/Target: HK$17.00): Base effect and bad weather to impact sales volume growth in 2Q24 in China. TAL Educational Group (TAL US/BUY/US$13.14/Target: US$16.30): Moderate regulatory tone; viable strategic transition to non-academic education. MALAYSIA Initiate Coverage Lagenda Properties (LAGENDA MK/BUY/RM1.66/Target: RM2.05): A legend in the af...
Volaris Celebrates Frontier Airlines’ Reactivation of the Codeshare Agreement Between Both Airlines Starting today, Frontier Customers will have access to more than 40 destinations in Mexico through Volaris Partnership MEXICO CITY, May 08, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, welcomes Frontier Airlines reactivation of the Codeshare agreement between both airlines, facilitating travel between...
UOB reported net profit of S$1,487m for 1Q24 (-2% yoy). Contributions from wealth management and credit cards increased 5% and 11% yoy respectively. Trading & investment income increased 10% yoy to an all-time high of S$521m. UOB generated ROE of 14.0%, and CET-1 remains robust at 13.9% in 1Q24. One-off expenses from the integration of Citi Consumer businesses is expected to be reduced in 2Q24.
AEM’s 1Q24 revenue of S$94m (-38% yoy) is in line with expectation, but earnings of S$2.4m (-85% yoy) is below expectation at only 7% of our full-year estimate. AEM maintained its 1H24 revenue guidance of S$170m-200m. However, the near-term outlook has worsened as visibility in 2H24 remains limited, and any uptick in growth is expected to occur only in 2025. We cut our 2024 earnings forecast by 42%. Downgrade to SELL with a 14% lower target price of S$1.67 (12x 2025F PE).
ProSomnus Sleep Technologies Takes Strategic Action to Position Company for Long-Term Success Announces Plan for $20 million in Aggregate New Financing to Support Daily Operations, Restructuring, Strategic Initiatives, and Advocacy Company Enters into Voluntary Chapter 11 Restructuring Process Which Will Take Company Private, Reduce Debt and Enable Execution of Key Initiatives Minimal Expected Operational Impact to Business, Company Wil Continue Serving Customers and Delivering Products PLEASANTON, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- ProSomnus, Inc. (the “Company”), the leading no...
KEY HIGHLIGHTS Results AEM Holdings (AEM SP/SELL/S$2.32/Target:S$1.67) 1Q24: Earnings below estimate; outlook worsens. Downgrade to SELL. United Overseas Bank (UOB SP/NOT RATED/S$30.55) 1Q24: Building regional franchise for consumer businesses. MONTHLY TECHNICAL - INDICES OUTLOOK Singapore Post (SPOST SP): Trading BUY Parkway Life Real Estate Investment Trust (PREIT SP): Trading BUY
DALLAS--(BUSINESS WIRE)-- Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the third quarter of fiscal 2024 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Thursday, May 16, 2024. On Thursday, May 16, 2024, at 5:30 p.m. Eastern Time (4:30 p.m. Central), Copart will conduct a conference call to discuss the results for the quarter. The call will be webcast live and available for access by clicking “Listen Here” at . A replay of the call will be available through August 2024 at . About Copart Founded in 1982, Copart is a global leader in online vehicle aucti...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.