Kevin Dietsch/Getty Images News U.S. President Joe Biden said European allies would curtail their investment in China if Beijing continues its “indirect help to Russia,” after NATO Secretary General Jens Stoltenberg declared that China is a “decisive enabler” of Russia’s war against Ukraine. Chinese President Xi Jinping should understand thatContinue Reading
WANAN YOSSINGKUM Saratoga Investments (NYSE:SAR) fiscal Q1 2025 earnings exceeded the average analyst estimate as stable interest rates during the quarter kept the business development company’s net interest margin elevated, the company said on Tuesday. Adjusted net investment income per share of $1.05 for the quarter ended May 31, 2024,Continue Reading
singapore, singapore, July 4th, 2024, Chainwire Piggycel, a IoT-based blockchain RWA project, has secured investment from the global mainnet Internet Computer (ICP) and joined the ICP Olympus accelerator program. Piggycell is a blockchain RWA platform that users can expereince IoT based Charge To Earn (C2E) while charing their bateries. ItContinue Reading
peterschreiber.media/iStock via Getty Images Frontier Communications Parent (NASDAQ:FYBR) is in discussions with New York-based asset manager Stonepeak about a joint venture for an investment of up to $1 billion in the company’s fiber assets, Bloomberg reported on Wednesday, citing people familiar with the matter. The report stated that the talksContinue Reading
Foundation (NYSE:FFWM) announced that affiliates of Fortress Investment Group, Canyon Partners, Strategic Value Bank Partners, North Reef Capital and other investors have agreed to make individual investments aggregating to $228M in the company. In connection with this equity investment, Fortress affiliates are expected to invest $115M, Canyon Partners is expectedContinue Reading
Douglas Elliman (NYSE:DOUG) announced the closing of a $50M growth investment from Kennedy Lewis Investment Management LLC, a credit-focused alternative asset management firm. DOUG issued $50M senior secured convertible notes due July 2, 2029 to funds advised by Kennedy Lewis. As part of the agreement, Kennedy Lewis will have theContinue Reading
Ceri Breeze American Airlines (NASDAQ:AAL) announced on Tuesday that it has entered into a conditional purchase agreement with clean aviation innovator ZeroAvia for 100 hydrogen-electric engines. The airline company said the engine purchase was intended to power regional jet aircraft with zero inflight emissions, except for water vapor. In addition,Continue Reading
CHUNYIP WONG Collectibles are the most searched-for type of investment in America’s 50 most populated cities, and gold (XAUUSD:CUR) fever appears alive in the West, according to a study by investment platform CyberMetals. The platform in a broader survey about the investment landscape found California lead the top 10 statesContinue Reading
JHVEPhoto/iStock Editorial via Getty Images Jefferies (NYSE:JEF) stock gapped up 7.6% in Thursday afternoon trading after delivering fiscal Q2 earnings that surpassed the average analyst estimate as positive momentum continued to build across its investment banking businesses. Q2 GAAP EPS of $0.64, topping the $0.63 Wall Street consensus, fell fromContinue Reading
Rmcarvalho/iStock via Getty Images Canadian diversified REIT Pro Real Estate Investment Trust (TSX:PRV.UN:CA) said on Thursday that it has closed the sale of three properties for $13.5M. The sale includes $7.0M worth of two non-core retail properties and a $6.5M flex industrial property. The properties total about 57,500 sq. ft.Continue Reading
