Daniel Loeb-backed SentinelOne raises over $1 bln in U.S. IPO June 30 (Reuters) – SentinelOne Inc, a cybersecurity firm backed by billionaire investor Daniel Loeb’s hedge fund Third Point, raised $1.23 billion through a U.S. initial public offering on Wednesday. Sensex ends 67 points lower amid profit-booking PowerGrid was the top loser in the Sensex […]
China's Didi will reportedly price IPO above expected range Beachbody launches IPO; CEO calls it ‘dream come true’ Beachbody CEO, chairman and co-founder Carl Daikeler reflects on his company’s first day of public trade. Chinese ride-hailing company Didi Global Inc. is planning to price shares in its U.S. initial public offering at or above the […]
Gold Eases On Fed’s Hawkish Views Gold prices eased on Tuesday and the dollar rose against its major rivals as hawkish remarks from some Fed officials supported prospects of a tightening of monetary policy sooner rather later. Spot gold dipped 0.3 percent to $1,772.31 per ounce, after marking its lowest since June 21 at $1,770.36 […]
‘Cruel Summer’ Star Olivia Holt Signs With WME EXCLUSIVE: Olivia Holt, who currently stars in Freeform’s hit series Cruel Summer, has signed with WME for representation. The agency plans to expand the actress-singer’s interests across film, TV, music, branding, fashion, digital, philanthropy and more. Holt, whose acting credits include Freeform’s Marvel series Cloak & Dagger, […]
Exeter Finance To Be Acquired By Warburg Pincus From Blackstone For Undisclosed Term – Quick Facts Indirect auto finance company Exeter Finance LLC announced Monday that it has entered into a definitive agreement to be acquired by an investor group led by Warburg Pincus from funds managed by Blackstone (BX). Terms of the private transaction […]
Puerto Rico to receive about $4 billion in federal education pandemic relief funds (Reuters) – The U.S. Education Department said on Monday that Puerto Rico will receive about $4 billion in federal education pandemic relief funds to help boost its fight against COVID-19. The additional funds available as of Monday include $2 billion from the […]
Dorman Products To Buy Dayton Parts For $338 Mln Dorman Products, Inc. (DORM) announced that it has agreed to acquire Dayton Parts for $338 million. The transaction, which is subject to customary closing conditions, including clearance under the Hart-Scott-Rodino Antitrust Improvements Act, is expected to close in the second half of 2021. Dorman Products expects […]
‘I feel like it was a setup’: Gwendolyn Berry finishes third in hammer, feels blindsided by national anthem EUGENE, Ore. — There's a certain routine for the top-three finishers in an event at the U.S. Olympic track and field trials, after they secure their spots on Team USA. They're handed an American flag and a bouquet […]
Opinion | The Race and History Wars By Ross Douthat Opinion Columnist The debate over how American schools should teach about race and racial history has reached a curious juncture, in which it’s becoming hard to tell what the argument is about. NCAA champion Brody Malone headlines U.S. men’s gymnastics team for Tokyo Olympics ST. […]
NIKE Shares Jump 14% On Quarterly Results Shares of NIKE Inc. (NKE) are gaining nearly 14% on Friday morning driven largely by the sports apparel and footwear retailer’s fourth-quarter results. NKE is currently trading at $151.72, up $18.12 or 13.56%, on the NYSE. The stock has traded between $93.57 and $153.94 in the 52-week period. […]