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ArriVent Announces Proposed $75 Million Public Offering of Common Stock and Pre-Funded Warrants
Globenewswire· 2025-07-01 20:05
NEWTOWN SQUARE, Pa., July 01, 2025 (GLOBE NEWSWIRE) -- ArriVent BioPharma, Inc. (“ArriVent”) (Nasdaq: AVBP), a clinical-stage company dedicated to accelerating the global development of innovative biopharmaceutical therapeutics, today announced that it intends to offer and sell, subject to market and other conditions, $75 million of its shares of common stock and, in lieu of common stock to certain investors, pre-funded warrants to purchase shares of its common stock, in an underwritten public offering. In ...
X @Bloomberg
Bloomberg· 2025-07-01 08:28
Citigroup hires veteran investment banker Akira Kiyota from Nomura, the latest sign of competition for talent among global financial firms as they seek to benefit from Japan’s dealmaking boom https://t.co/jaSA8hLJiL ...
Baidu Announces Management Changes
Prnewswire· 2025-07-01 04:05
Core Points - Baidu has appointed Mr. Haijian He as the new Chief Financial Officer, effective immediately [1][2] - Mr. Junjie He will transition from Interim CFO to Senior Vice President overseeing human resources and administrative functions [2] - Ms. Shanshan Cui will take on the role of Secretary General to the Organizational Culture Committee [2] Management Commentary - Robin Yanhong Li, Baidu's Co-founder and CEO, expressed enthusiasm for Mr. Haijian He's appointment, highlighting his leadership experience and potential contributions to Baidu's growth [3] - The company acknowledges the contributions of Mr. Junjie He and Ms. Shanshan Cui in their previous roles and anticipates their continued value in their new positions [3] Mr. Haijian He's Background - Mr. Haijian He previously served as CFO and executive director at Kingsoft Cloud Holdings Limited since January 2020 [3] - His prior experience includes roles at Goldman Sachs (Asia) L.L.C. and Bank of America Merrill Lynch, focusing on TMT and mergers and acquisitions [3] - He holds degrees in electronic engineering and an MBA, along with completing the Advanced Management Program at Harvard Business School [3]
Kuya Silver Announces AGM Results and Appointment of Three New Directors
Newsfile· 2025-06-30 12:00
Kuya Silver Announces AGM Results and Appointment of Three New Directors Lisa Wilkinson brings over 20 years of experience in investor relations, corporate communications, and strategic capital planning. She is currently Vice President of Investor Relations and Corporate Communications at Centerra Gold, where she leads capital markets engagement and acts as a spokesperson to investors and analysts. Prior to joining Centerra in 2023, she held senior investor relations roles at Eldorado Gold and TMAC Resource ...
Barclays vs. HSBC: Which Global Bank is the Smarter Buy Today?
ZACKS· 2025-06-27 16:11
Key Takeaways BCS is cutting costs and streamlining operations, with 2 billion euros in savings expected by 2026. Barclays is reinvesting in high-growth markets, including India, and payments via Brookfield. BCS earnings are forecast to grow 21.2% in 2025 and 23.3% in 2026, outpacing HSBC's outlook.Barclays PLC (BCS) and HSBC Holdings PLC (HSBC) are often the first names that come to mind when discussing prominent foreign banks. Both are based in London and have been streamlining their operations to enhan ...
Pettit: Scarcity drives winners with margin expansion and efficiency
CNBC Television· 2025-06-16 11:37
director of U.S. Equity strategy at Citigroup. Drew, thank you very much for being here right now. What do you make of the market action so far today.I mean, it's not going to get close to getting back what we lost on Friday, but it seems interesting that we do have a bid given escalations in the Middle East. >> Yeah. Look, sometimes markets feel a little bit inhuman at these points, right.Like conflict really isn't good. We all would like to see, you know, relatively peaceful resolutions here. But you know ...
Renée James will join Portland General Electric board of directors, effective June 11, 2025
Prnewswire· 2025-06-11 21:00
Core Insights - Renée James has been appointed to the board of directors of Portland General Electric (PGE), effective June 11, 2025, bringing valuable experience from the technology sector, particularly in high-tech and semiconductor manufacturing [1][2] - James is the founder, Chair, and CEO of Ampere Computing and has held various leadership roles at Intel Corporation, including President and Executive Vice President [1][2] - PGE is committed to reducing emissions from its retail power supply by 80% by 2030 and 100% by 2040, and it has the No. 1 voluntary renewable energy program in the U.S. [3][4] Company Overview - Portland General Electric (NYSE: POR) serves nearly 950,000 customers in an area of 1.9 million Oregonians, providing safe, affordable, reliable, and increasingly clean electricity since 1889 [3][4] - PGE was ranked the No. 1 utility in the 2024 Forrester U.S. Customer Experience Index, highlighting its commitment to customer satisfaction [3][4] - In 2024, PGE employees, retirees, and the PGE Foundation donated $5.5 million and volunteered nearly 23,000 hours to over 480 nonprofit organizations [3][4]
Point and Funds Managed by Blue Owl Capital Close Oversubscribed $248 Million Home Equity Investment Rated Securitization
GlobeNewswire News Room· 2025-06-05 05:05
Core Insights - Point has completed a rated securitization of its Home Equity Investment (HEI) assets, issuing $248.6 million in asset-backed securities, marking its fourth rated securitization and fifth overall [1][2] - The transaction was significantly oversubscribed, attracting more than 8 times the initial offering, indicating strong investor interest in HEIs [2][3] - The HEI market has matured over the past 18 months, with issuance volume doubling and the number of transactions tripling in 2024, reflecting increased institutional recognition and investor confidence [3] Company Overview - Point is a leading home equity investment platform that has unlocked over $1.5 billion in home equity for more than 15,000 homeowners since its founding in 2015 [5] - The company's flagship product, the HEI, allows homeowners to access their equity without increasing monthly expenses, providing a solution for debt elimination and financial hardship [5] - Point is backed by prominent investors including Westcap, Andreessen Horowitz, and Blue Owl Capital, and is headquartered in Palo Alto, California [5] Industry Context - The HEI asset class is gaining traction, with the total volume of HEI-backed deals reaching $936 million across five transactions in the previous year, a significant increase from prior years [3] - The successful rating of multiple HEI-backed deals has established important benchmarks for credit quality and performance, indicating a shift from an emerging to an established asset class within alternative housing finance [3] - Blue Owl Capital, a significant player in the asset management space with $273 billion in assets under management, has co-sponsored multiple transactions with Point, reinforcing the growth potential of HEIs [6][4]
Freddie Mac Prices Approximately $284.2 Million SLST Securitization
Globenewswire· 2025-05-21 15:00
MCLEAN, Va., May 21, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the pricing of the Freddie Mac Seasoned Loans Structured Transaction Trust (SLST) Series 2025-1, a securitization of approximately $284.2 million including both guaranteed senior and non-guaranteed subordinate securities backed by a pool of seasoned residential mortgage loans. The SLST program is a fundamental part of Freddie Mac's seasoned loan offerings which reduce less-liquid assets in its mortgage-related investment ...
Corteva Announces Pricing of Senior Notes Offering
Prnewswire· 2025-05-12 21:00
INDIANAPOLIS, May 12, 2025 /PRNewswire/ -- Corteva, Inc. ("Corteva") (NYSE: CTVA) today announced the pricing of a public offering by its direct subsidiary, EIDP, Inc. ("EIDP") of $500 million principal amount of its 5.125% Senior Notes due in 2032 (the "Notes"). The Notes will pay interest semi-annually at a rate of 5.125% per year and will mature on May 15, 2032. The net proceeds from the sale of the Notes will be used for general corporate purposes, including the redemption or repayment of the $500 milli ...