Friday, 27 Nov 2020

Biden shocks debate viewers with bizarre Hitler reference

Australia's Link turns down Carlyle, Pacific Equity's $2 billion offer

(Reuters) – Link Administration Holdings on Friday rejected an A$2.76 billion ($1.96 billion) takeover offer from private equity firms Carlyle Group and Pacific Equity Partners, but said it was willing to continue talks over the bid.

Link, which also provides services to fund managers and trading firms, said it was looking at potentially spinning-off its stake in PEXA, an online property transaction firm, into a separate listed company.

($1 = 1.4053 Australian dollars)

Live updates: Latest stock market news and debate headlines

Kudlow: Trump will be ‘in command of the facts and figures’ during presidential debate

National Economic Council Director Larry Kudlow says President Trump will lay out the case that Joe Biden’s tax hikes will decimate the economy during the final debate.

U.S. stocks rallied across the board on Thursday ahead of the final presidential debate between President Donald Trump and Democratic hopeful Joe Biden.

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Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 28363.66 +152.84 +0.54%
SP500 S&P 500 3453.49 +17.93 +0.52%
I:COMP NASDAQ COMPOSITE INDEX 11506.00579 +21.31 +0.19%

The recovering economy, dueling tax plans and energy policy will likely top the list of hot topics.

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SVB Financial Group Bottom Line Rises In Q3

SVB Financial Group (SIVB) announced earnings for its third quarter that rose from the same period last year.

The company’s profit totaled $441.7 million, or $8.47 per share. This compares with $267.3 million, or $5.15 per share, in last year’s third quarter.

SVB Financial Group earnings at a glance:

-Earnings (Q3): $441.7 Mln. vs. $267.3 Mln. last year.
-EPS (Q3): $8.47 vs. $5.15 last year.

SoftBank Group restarts dividend as finances stabilize

FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo

TOKYO (Reuters) – SoftBank Group Corp 9984.T said on Friday it would pay an interim dividend of 22 yen per share for the year ending March, the same as the previous fiscal year, after a series of massive asset sales stabilized the group’s finances.

Brazil sporting goods retailer Track & Field raises $94 mln in IPO – filing

SAO PAULO, Oct 22 (Reuters) – Brazilian sporting goods retail chain Track & Field raised 523 million reais ($93.52 million) in an initial public offering, according to a securities filing on Thursday.

The company priced its shares at 9.25 reais each, well below the indicative range of 10.65 reais to 14.95 reais.

Track & Field, which has roughly 230 stores, plans to use the proceeds of the primary offering mostly to pay dividends from 2019 fiscal year, in addition to reducing debt and making investments.

Broncos scouting report: How Denver matches up against Chiefs, predictions

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Japan's FSA begins onsite inspection at Tokyo bourse – Aso

TOKYO, Oct 23 (Reuters) – Japan’s Financial Services Agency began an onsite inspection at the Tokyo Stock Exchange on Friday to investigate the causes behind a full-day trading halt earlier this month, Finance Minister Taro Aso said.

Colorado Gov. Jared Polis to visit sites of wildfires Friday

Colorado Gov. Jared Polis will travel Friday to several parts of the state hit by wildfires, his office announced Thursday evening.

In Winter Park — where the East Troublesome Fire has grown exponentially since Wednesday — he will meet with evacuated families and provide an update on the state’s response to the wildfires.

In the afternoon, the governor will make stops at incident command centers in Loveland and Boulder.

For the latest on Colorado’s wildfires, click here.

Biden shocks debate viewers with bizarre Hitler reference

Biden rips Trump’s diplomacy with North Korea, invokes Hitler

Trump touts ‘good relationship’ with Kim Jong Un, as Biden retorts US had ‘good relationship with Hitler’

Democratic presidential nominee Joe Biden shocked viewers on Thursday with a bizarre reference to Adolf Hitler during the final presidential debate.  

Trump said he has a civil “We’re not in a war, we have a good relationship,” Trump said of his relationship with North Korea Supreme Leader Kim Jong Un. 

HITLER DEFINITELY DIED IN WWII, NEW RESEARCH SAYS

“Having a good relationship with leaders of other countries is a good thing," Trump said.  

Biden shot back, “That's like saying we had a good relationship with Hitler before he in fact invaded Europe.” 

Minutes later the name of the murderous leader of Germany’s Nazi party was trending on social media as dumbfounded viewers couldn’t believe Biden referenced one of history’s most infamous dictators.  

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