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Kate Middleton reflects on 'difficult times' in personal letter after cancer battleIn addition to her public outreach efforts, Dr. Chen is also a strong advocate for the inclusion of diverse voices and perspectives in the scientific community. She believes that fostering a culture of inclusivity and collaboration is essential for driving scientific progress and addressing global challenges. "Science is a collaborative endeavor that thrives on diverse viewpoints and fresh ideas," she stated.
In addition to technological advancements, the "Enhancing Computing Power, Empowering Intelligent Learning" initiative also places a strong emphasis on collaboration and partnerships. The ten government departments involved in this initiative will work closely with industry stakeholders, academic institutions, research organizations, and technology companies to exchange knowledge, share best practices, and foster innovation in the province. By building a collaborative ecosystem of partners, Liaoning Province can create a vibrant and dynamic environment for digital transformation and technological innovation.In conclusion, the U.S.'s recent success in the Middle East has undoubtedly disrupted the global "anti-America" trend and raised questions about its implications for other sensitive regions, such as the Taiwan Strait. As the U.S. asserts its influence and power in the wake of this unexpected turn of events, the world watches closely to see how this new game changer will shape the future of international relations.CIBC Asset Management Inc Buys New Shares in STAG Industrial, Inc. (NYSE:STAG)
As the season progresses and the competition heats up, one thing is certain – the CBA will continue to deliver thrilling moments, unexpected twists, and unforgettable performances. The teams will continue to battle it out, each gunning for the top spot and striving to etch their names in the annals of basketball history.
Manchester United's star forward Marcus Rashford, at the age of 27, is currently earning a staggering £300,000 per week, with a reported market value of €60 million and still having four years left on his contract. This begs the question, just how much could Rashford be sold for in today's football market?Tencent's subsidiary's Light of Motiram rips off Horizon Zero Dawn
SINGAPORE, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced that it intends to offer, subject to market conditions and other factors, US$360.0 million principal amount of Convertible Senior Notes due 2029 (the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company also intends to grant the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional US$40.0 million principal amount of notes. The notes will be general senior unsecured obligations of the Company and will accrue interest payable semiannually in arrears. Upon conversion, the Company will pay or deliver, as the case may be, cash, Class A ordinary shares par value US$0.0000001 per share, of the Company (the “Class A ordinary shares”) or a combination of cash and Class A ordinary shares, at its election. The interest rate, initial conversion rate, repurchase or redemption rights and certain other terms of the notes will be determined at the time of pricing of the offering. The Company intends to use a portion of the net proceeds from the offering to pay the cost of the zero-strike call option transaction and to pay the cash consideration for the concurrent note exchange transactions, each as described below. The Company intends to use the remaining net proceeds from the offering for datacenter expansion, ASIC based mining rig development and manufacture, as well as working capital and other general corporate purposes. If the initial purchasers exercise their option to purchase additional notes, the Company expects to use the net proceeds from the sale of the additional notes for datacenter expansion, ASIC based mining rig development and manufacture, as well as working capital and other general corporate purposes as described above. In connection with the pricing of the notes, the Company intends to enter into a privately negotiated zero-strike call option transaction with one of the initial purchasers or its affiliate (the “option counterparty”). Pursuant to the zero-strike call option transaction, the Company would pay a premium for the right to receive, without further payment, a specified number of Class A ordinary shares (subject to customary adjustment), with delivery thereof by the option counterparty at expiry, subject to early settlement of the zero-strike call option transaction in whole or in part at the option counterparty’s discretion. In the case of settlement at expiration or upon any early settlement, the option counterparty would deliver to the Company the number of Class A ordinary shares underlying the zero-strike call option transaction or the portion thereof being settled early. The zero-strike call option transaction is intended to facilitate privately negotiated derivative transactions with respect to the Class A ordinary shares between the option counterparty (or its affiliate) and certain investors in the notes by which those investors will be able to hedge their investment in the notes. Those activities, which are expected to occur concurrently with or shortly after the pricing of the offering, could increase (or reduce the size of any decrease in) the market price of the Class A ordinary shares and/or the notes at that time. The option counterparty (or its affiliate) may modify its hedge positions by entering into or unwinding derivative transactions with respect to the Class A ordinary shares and/or purchasing or selling Class A ordinary shares or other securities of the Company in secondary market transactions at any time following the pricing of the notes and shortly before or after the expiry or early settlement of the zero-strike call option transaction, and, the Company has been advised that the option counterparty may unwind its derivative transactions and/or purchase or sell the Class A ordinary shares in connection with the expiry of the zero-strike call option transaction or any early settlement of the zero-strike call option transaction at the option counterparty’s discretion, including any early settlement relating to any conversion, repurchase or redemption of the notes. Those activities could also increase (or reduce the size of any decrease in) or decrease (or reduce the size of any increase in) the market price of the Class A ordinary shares and/or the notes. If the zero-strike call option transaction fails to become effective, whether or not the offering is completed, the option counterparty may unwind its hedge positions with respect to the Class A ordinary shares, which could adversely affect the market price of the Class A ordinary shares and, if the notes have been issued, the market price of the notes. Concurrently with the pricing of the notes in the offering, the Company expects to enter into one or more privately negotiated transactions with one or more holders of 8.50% convertible senior notes due 2029 (the “existing 2029 notes”) to exchange for cash and Class A ordinary shares certain of its existing 2029 notes on terms to be negotiated with each holder (each, a "note exchange transaction"). The terms of each note exchange transaction will depend on a variety of factors. No assurance can be given as to how much, if any, of the existing 2029 notes will be exchanged or the terms on which they will be exchanged. This press release is not an offer to exchange the existing 2029 notes, and the offering of the notes is not contingent upon the exchange of the existing 2029 notes. In connection with any note exchange transaction, the Company expects that holders of the existing 2029 notes who agree to have their existing 2029 notes exchanged and who have hedged their equity price risk with respect to such notes (the “hedged holders”) will unwind all or part of their hedge positions by buying the Class A ordinary shares and/or entering into or unwinding various derivative transactions with respect to the Class A ordinary shares. The amount of the Class A ordinary shares to be purchased by the hedged holders or in connection with such derivative transactions may be substantial in relation to the historical average daily trading volume of the Class A ordinary shares. This activity by the hedged holders could increase (or reduce the size of any decrease in) the market price of the Class A ordinary shares, including concurrently with the pricing of the notes. The Company cannot predict the magnitude of such market activity or the overall effect it will have on the price of the notes or the Class A ordinary shares. The notes and any Class A ordinary shares issuable upon conversion of the notes have not been and will not be registered under the Securities Act, any state securities laws or the securities laws of any other jurisdiction, and unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws. This press release is neither an offer to sell nor a solicitation of an offer to buy any of these securities nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification thereof under the securities laws of any such state or jurisdiction. About Bitdeer Technologies Group Bitdeer is a world-leading technology company for blockchain and high-performance computing. Bitdeer is committed to providing comprehensive computing solutions for its customers. The Company handles complex processes involved in computing such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations. The Company also offers advanced cloud capabilities to customers with high demand for artificial intelligence. Headquartered in Singapore, Bitdeer has deployed datacenters in the United States, Norway, and Bhutan. Forward-Looking Statements Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The words “anticipate,” “look forward to,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Such forward-looking statements include, among others, statements relating to Bitdeer’s expectations regarding the proposed terms and the completion, timing and size of the proposed offering, the note exchange transactions and the zero-strike call option transaction, the expected use of proceeds from the sale of the notes and potential impact of the foregoing or related transactions on the market price of the Class A ordinary shares or the trading price of the notes. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including risks and uncertainties associated with market conditions, whether Bitdeer will offer the notes, enter into the note exchange transactions and the zero-strike call option transaction or be able to consummate the proposed offering, the note exchange transactions and the zero-strike call option transaction at the anticipated size or on the anticipated terms, or at all, and the satisfaction of closing conditions related to the proposed offering and the note exchange transactions, as well as discussions of potential risks, uncertainties and other factors discussed in the section entitled “Risk Factors” in Bitdeer’s annual report on Form 20-F, as well as those discussed in Bitdeer’s subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements as there are important factors that could cause actual results to differ materially from those in forward-looking statements, many of which are beyond Bitdeer’s control. Any forward-looking statements contained in this press release speak only as of the date hereof. Bitdeer specifically disclaims any obligation to update any forward-looking statement, whether due to new information, future events, or otherwise. Readers should not rely upon the information on this page as current or accurate after its publication date. For investor and media inquiries, please contact: Investor Relations Yujia Zhai Orange Group bitdeerir@orangegroupadvisors.com Public Relations Nishant Sharma BlocksBridge Consulting bitdeer@blocksbridge.com1. Fear and Anxiety:
CIBC Asset Management Inc bought a new stake in shares of Independent Bank Group, Inc. ( NASDAQ:IBTX – Free Report ) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,546 shares of the bank’s stock, valued at approximately $204,000. Several other institutional investors have also added to or reduced their stakes in IBTX. Dimensional Fund Advisors LP raised its holdings in Independent Bank Group by 1.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,316,743 shares of the bank’s stock worth $105,456,000 after purchasing an additional 39,091 shares during the period. Magnetar Financial LLC bought a new position in shares of Independent Bank Group in the second quarter worth about $14,146,000. Silver Lake Advisory LLC purchased a new position in shares of Independent Bank Group during the 2nd quarter valued at about $5,491,000. Silvercrest Asset Management Group LLC lifted its position in shares of Independent Bank Group by 28.3% during the 1st quarter. Silvercrest Asset Management Group LLC now owns 81,115 shares of the bank’s stock valued at $3,703,000 after buying an additional 17,875 shares in the last quarter. Finally, Public Sector Pension Investment Board increased its holdings in Independent Bank Group by 7.6% in the 2nd quarter. Public Sector Pension Investment Board now owns 79,245 shares of the bank’s stock worth $3,607,000 after acquiring an additional 5,623 shares in the last quarter. 77.90% of the stock is currently owned by institutional investors. Wall Street Analyst Weigh In A number of equities analysts have weighed in on IBTX shares. Truist Financial dropped their price target on shares of Independent Bank Group from $66.00 to $63.00 and set a “hold” rating for the company in a research report on Wednesday, October 23rd. Keefe, Bruyette & Woods upped their target price on shares of Independent Bank Group from $69.00 to $72.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Finally, StockNews.com initiated coverage on Independent Bank Group in a report on Friday. They set a “sell” rating on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Independent Bank Group presently has an average rating of “Hold” and an average target price of $58.83. Independent Bank Group Stock Performance Shares of NASDAQ IBTX opened at $65.49 on Friday. The company has a market cap of $2.71 billion, a P/E ratio of -6.26 and a beta of 1.38. Independent Bank Group, Inc. has a 52-week low of $36.16 and a 52-week high of $67.92. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.97 and a current ratio of 0.97. The firm’s fifty day moving average is $59.71 and its two-hundred day moving average is $53.10. Independent Bank Group ( NASDAQ:IBTX – Get Free Report ) last posted its earnings results on Monday, October 21st. The bank reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.21). The firm had revenue of $255.18 million during the quarter, compared to analysts’ expectations of $124.48 million. Independent Bank Group had a positive return on equity of 4.49% and a negative net margin of 43.45%. During the same quarter in the prior year, the firm posted $0.79 earnings per share. As a group, analysts anticipate that Independent Bank Group, Inc. will post 2.7 EPS for the current fiscal year. Independent Bank Group Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Thursday, October 31st were issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date of this dividend was Thursday, October 31st. Independent Bank Group’s dividend payout ratio (DPR) is presently -14.53%. About Independent Bank Group ( Free Report ) Independent Bank Group, Inc, through its subsidiary, Independent Bank provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It accepts various deposit products, including checking and savings accounts, demand deposits, money market accounts, and certificates of deposit. Featured Stories Receive News & Ratings for Independent Bank Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Independent Bank Group and related companies with MarketBeat.com's FREE daily email newsletter .FIFPro年度最佳阵容:梅西C罗萨拉赫缺席,姆巴佩等皇马6将入选
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One of the primary challenges facing individuals in this post-"lying flat" era is the erosion of purchasing power. Inflation rates have been on the rise, outpacing the growth of many passive income streams. This means that even those who have diligently saved and invested their money may find their purchasing power diminished over time, making it harder to cover essential expenses such as housing, food, and healthcare.Algert Global LLC cut its stake in Two Harbors Investment Corp. ( NYSE:TWO – Free Report ) by 53.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 55,590 shares of the real estate investment trust’s stock after selling 62,810 shares during the period. Algert Global LLC owned approximately 0.05% of Two Harbors Investment worth $772,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other institutional investors have also recently added to or reduced their stakes in TWO. Northwestern Mutual Wealth Management Co. increased its stake in shares of Two Harbors Investment by 1,680.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,225 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 2,100 shares during the last quarter. Simplify Asset Management Inc. acquired a new position in Two Harbors Investment in the 3rd quarter valued at about $134,000. QRG Capital Management Inc. purchased a new stake in shares of Two Harbors Investment in the 2nd quarter valued at approximately $144,000. AQR Capital Management LLC acquired a new stake in shares of Two Harbors Investment during the 2nd quarter worth approximately $147,000. Finally, Teamwork Financial Advisors LLC purchased a new stake in shares of Two Harbors Investment during the 3rd quarter valued at approximately $173,000. Hedge funds and other institutional investors own 64.19% of the company’s stock. Two Harbors Investment Price Performance Shares of TWO opened at $11.75 on Friday. The company’s 50-day simple moving average is $12.42 and its 200-day simple moving average is $13.04. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.07 and a current ratio of 1.07. Two Harbors Investment Corp. has a 1 year low of $11.28 and a 1 year high of $14.59. The stock has a market capitalization of $1.22 billion, a PE ratio of -2.44 and a beta of 1.87. Two Harbors Investment Announces Dividend The business also recently announced a quarterly dividend, which was paid on Tuesday, October 29th. Investors of record on Tuesday, October 1st were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 15.32%. Two Harbors Investment’s payout ratio is -37.34%. Wall Street Analyst Weigh In Several brokerages recently weighed in on TWO. Janney Montgomery Scott assumed coverage on Two Harbors Investment in a research report on Friday, August 16th. They issued a “buy” rating and a $15.00 price objective for the company. JMP Securities lowered their price target on Two Harbors Investment from $15.00 to $14.50 and set a “market outperform” rating for the company in a report on Thursday, October 17th. Royal Bank of Canada cut their price objective on Two Harbors Investment from $14.00 to $12.00 and set a “sector perform” rating for the company in a research report on Friday, November 1st. Compass Point decreased their target price on shares of Two Harbors Investment from $15.75 to $14.75 and set a “buy” rating on the stock in a research report on Monday, November 25th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Two Harbors Investment from $13.50 to $11.50 and set a “neutral” rating for the company in a research report on Wednesday, October 30th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $14.18. Read Our Latest Stock Analysis on TWO About Two Harbors Investment ( Free Report ) Two Harbors Investment Corp. invests in, finances, and manages mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other financial assets through RoundPoint in the United States. The company target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions. Featured Articles Want to see what other hedge funds are holding TWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Two Harbors Investment Corp. ( NYSE:TWO – Free Report ). Receive News & Ratings for Two Harbors Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Two Harbors Investment and related companies with MarketBeat.com's FREE daily email newsletter .