Brazilian pulp and paper company Suzano (NYSE:SUZ) on Friday signed a definitive agreement to acquire Pactiv Evergreen’s (NASDAQ:PTVE) Pine Bluff, Arkansas, paper mill and Waynesville, North Carolina, extrusion facility for $110 million. “The sale of Pine Bluff and Waynesville concludes the strategic alternatives review process,” said Michael King, president andContinue Reading
U.Today – The cryptocurrency market’s recovery was unsurprisingly followed by a wide range of inflows, starting from retail and ending with institutional investors. Various companies started pouring funds back into the market, hoping to catch a strong retrace. And they might be right. Nine ETFs added 1,661 BTC, or $95.82Continue Reading
Willemstad, Curacao, July 11th, 2024, Chainwire The iGaming platform BC.GAMEO has signed a landmark $40 million deal to become the “Official Principal Partner” of English football club Leicester City, according to an announcement from Leicester City on July 5. This partnership marks one of the most significant in Leicester City’sContinue Reading
U.Today – The price of (BTC) has been experiencing a real roller coaster in recent days, with last week’s substantial drop of more than 15% leading to even more uncertain swings. Thus, the major cryptocurrency has experienced a significant fall in recent days, dropping from $64,000 to just under $54,000Continue Reading
IDEAYA Biosciences (NASDAQ:IDYA) said Monday it has priced an underwritten public offering of shares and warrants to raise about $263 million. The company plans to offer 7.3 million shares of common stock at $35 per share and pre-funded warrants to purchase 285,715 shares of common stock at $34.9999 a piece.Continue Reading
U.Today – ‘s trading volume made a huge comeback that not many expected since the market’s sentiment remains suppressed. However, numerous altcoins saw inflows from larger institutional investors, and the improvement of the market sentiment is a great sign. Increased interest in and activity on the Bitcoin market can beContinue Reading
U.Today – Billy Markus, known on the X app as Shibetoshi Nakamoto, who made the iconic meme cryptocurrency DOGE in cooperation with IT engineer Jackson Palmer in 2013, has taken to his X handle to once again to communicate with his multi-million X audience. This time, Markus pondered a hypotheticalContinue Reading
skynesher/E+ via Getty Images Cinemark (NYSE:CNK) said its unit plans to offer $500 million aggregate principal amount of senior notes due 2032 in a private placement. Cinemark USA intends to use the net proceeds to fund a cash tender offer to purchase any and all of its 5.875% senior notesContinue Reading
U.Today – A address holding 140 BTC, worth more than $8 million today, has reemerged after a decade of inactivity, according to blockchain tracker Whale Alert. The address, dubbed “1BLoHu,” first received 140 BTC in 2013, when it was worth about $107,000. As mentioned, the transaction 11 years ago originatedContinue Reading
U.Today – The crypto market has experienced its second largest liquidation event of all time today, with almost $700 million in long orders wiped out overnight. This occurred as ‘s price plunged below $54,000, leading to a cascade effect that has further destabilized the market. Large liquidations like these notContinue Reading
