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New Century Logistics Files for Downsized 1.25M Share IPO at $4-$5/sh
New Century Logistics (NCEW) has filed for a downsized 1,250,000 share IPO at $4-$5 per share. The company previously indicated a 2,500,000 share offering in the same price range.
Analysis-US bond repricing marks brief setback for hedge funds' basis trade
By Carolina Mandl and Davide Barbuscia
EU to fine Mondelez for blocking cross-border sales, FT reports
(Reuters) – The European Union is set to fine Oreo maker Mondelez (NASDAQ:MDLZ) International for blocking cross-border sales, the Financial Times reported on Tuesday, citing people familiar with the matter.
Rubrik Files for 23M Share IPO at $28-$31/sh
Rubrik (RBRK) has filed for 23,000,000 share IPO at $28-$31 per share.
UBS: Broadening earnings growth signals support for stocks
Analysts at UBS said in a note Tuesday that the broadening of US earnings growth should underpin stocks.
Worst may be over for Chinese stocks, but stick to alpha picks- Goldman Sachs
Investing.com– Chinese stocks saw a strong recovery in the first quarter of 2024 amid some improvements in the economy and earnings, Goldman Sachs analysts said in a recent note.