Moody's Ratings has today withdrawn Huzhou City Investment Development Group Co., Ltd's (Huzhou City Group) Baa3 issuer rating. The outlook prior to the withdrawal was negative. RATINGS RATIONALE Moody's has decided to withdraw the ratings for its own business reasons. Please refer to the Mo...
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GREENWICH, Conn.--(BUSINESS WIRE)-- (Nasdaq: IBKR), an automated global electronic broker, today announced a recently expanded suite of investment options for Japanese clients with the addition of Global Contracts for Difference (CFDs) on US stocks, offering leverage to investors through Interactive Brokers Securities Japan Inc. (IBSJ). Japanese clients can now invest in CFDs alongside global stocks, options, and futures. The CFDs let clients trade US stocks and ETFs with leverage, enhancing their trading capabilities and enabling more flexibility in their investment strategies. The CFDs ar...
SINGAPORE & KUALA LUMPUR, Malaysia--(BUSINESS WIRE)-- Companies in Singapore and Malaysia are accelerating their adoption of Microsoft cloud platforms as their efforts to improve customer and employee experience mature, according to a new research report published today by Information Services Group () (Nasdaq: ), a leading global technology research and advisory firm. The 2024 ISG Provider Lens™ Microsoft Cloud Ecosystem report for Singapore and Malaysia finds more enterprises in the region are embracing Microsoft’s expanding lineup of platforms and seeking services for Microsoft 365, Azure...
KORE’s 1Q24 was resilient, with stable NPI of US$21.0m and portfolio occupancy of 90.1%. Leasing momentum is strong with an early renewal by Ball Aerospace (second-largest tenant) and expansion by Spectrum (fifth-largest tenant). The suspension of distribution provides funding for necessary capex and helps keep KORE’s leverage below 45% to ensure continued support from banks for refinancing. KORE trades at 2026 distribution yield of 30.7% and P/NAV of 0.20x (80% discount to NAV). Maintain BUY. T...
Intra-Cellular Therapies Prices Public Offering of Common Stock NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- Intra-Cellular Therapies, Inc. (Nasdaq: ITCI) (“Intra-Cellular Therapies”), a biopharmaceutical company focused on the development and commercialization of therapeutics for central nervous system (CNS) disorders, today announced the pricing of its previously announced underwritten public offering of 6,849,316 shares of its common stock at a public offering price of $73.00 per share. All of the shares in the offering will be sold by Intra-Cellular Therapies, with gross proceeds to I...
The ban on Russian metals, especially aluminium, copper and nickel, could benefit Indonesian metal miners as prices hiked on fears of tighter supply. Escalating tensions in the Middle East also drove gold prices higher. Our sensitivity analysis showed that MDKA will benefit the most if metal prices continue rising, followed by INCO and NCKL. Maintain MARKET WEIGHT on the mining sector as we think that the fluctuation in metal prices might be temporary. Top pick: NCKL.
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