Chinese base station operator Guodong raises $150m from Middle Eastern SWFGuodong has received funding from investors including Morgan Stanley.

A sovereign wealth fund in the Middle East has invested $150 million in Guodong Network Communication Group, a communications infrastructure and service provider that manages almost 40,000 base stations across China, the deal’s advisor China Renaissance announced on Tuesday. A statement by China Renaissance did not identify the sovereign wealth fund. The fresh proceeds will… Continue reading Chinese base station operator Guodong raises $150m from Middle Eastern SWFGuodong has received funding from investors including Morgan Stanley.

@BMW: BMW M Motorsport News, 28th August 2023002936

Björn Lellmann, Head of Customer Racing at BMW M Motorsport: “Over the past weekend, the focus was clearly on the IMSA race weekend in Virginia. It’s incredible how successful the BMW M Motorsport teams presented themselves in all the racing series there. Congratulations to Paul Miller Racing and Turner Motorsport for their one-two result in… Continue reading @BMW: BMW M Motorsport News, 28th August 2023002936

Voyager Space Awarded $900 Million Ceiling Contract by the Air Force Life Cycle Management Center’s Architecture and Integration Directorate

IDIQ Contract to Develop Systems and Related Platforms for the Warfighter, While Introducing High-Confidence Programs DENVER, Aug. 28, 2023 /PRNewswire/ — Voyager Space (Voyager), a global aerospace leader has been awarded a $900,000,000 ceiling indefinite-delivery/indefinite-quantity (IDIQ) contract by the Air Force Life Cycle Management Center’s Architecture and Integration Directorate (AFLCMC/XA) for yielding cost-effective warfighting capabilities.… Continue reading Voyager Space Awarded $900 Million Ceiling Contract by the Air Force Life Cycle Management Center’s Architecture and Integration Directorate

HONEYWELL ANNOUNCES PARTICIPATION AT UPCOMING INVESTOR CONFERENCES

CHARLOTTE, N.C., Aug. 28, 2023 /PRNewswire/ — Honeywell (NASDAQ: HON) today announced its participation at upcoming investor conferences in September. Lucian Boldea, president and chief executive officer of Honeywell Performance Materials and Technologies, will attend the Vertical Research Partners Global Industrials Conference in Westbrook, Connecticut, on Friday, September 8, 2023. Vimal Kapur, chief executive officer… Continue reading HONEYWELL ANNOUNCES PARTICIPATION AT UPCOMING INVESTOR CONFERENCES

@niche: Keep On Exploring: A Morgan adventure with Challenge Sophie002892

By the time our followers read this, they’ll hopefully have seen our latest short film which shows you exploring stunning Scottish rural landscapes. Can you tell us what you got up to in your time with the Plus Four and where your adventure took you?  “My adventure started in Glen Coe which is my favourite… Continue reading @niche: Keep On Exploring: A Morgan adventure with Challenge Sophie002892

Instacart reveals IPO filing, disclosing PepsiCo investment, profitability

Grocery delivery service Instacart on Friday said its core business turned profitable after making public its filing for a long-awaited stock market launch, while also disclosing an investment from PepsiCo Inc. San Francisco-based Instacart, which filed confidentially for its initial public offering (IPO) in May 2022, said in the filing to the U.S. Securities and Exchange Commission that… Continue reading Instacart reveals IPO filing, disclosing PepsiCo investment, profitability

Indian food delivery firm Swiggy said to have invited investment banks for IPO pitch

Swiggy, the Softbank-backed food delivery company, is eyeing a 2024 stock market listing and has initiated talks with bankers to assess its valuation, after halting the process for months due to weak markets, three sources with direct knowledge of the matter said. Swiggy, which delivers food from restaurants and also groceries, was valued at $10.7… Continue reading Indian food delivery firm Swiggy said to have invited investment banks for IPO pitch

“Hot growth tech name” Nvidia’s $25b share buyback puzzles some shareholders

Nvidia‘s move to buy back $25 billion of its shares after its stock more than tripled this year caught some investors off-guard, even as they cheered a stellar second-quarter report. Shares of Nvidia touched a record high on Thursday, a day after the company blew past expectations with its quarterly revenue forecast as an artificial intelligence boom… Continue reading “Hot growth tech name” Nvidia’s $25b share buyback puzzles some shareholders

REALTY INCOME ANNOUNCES $950 MILLION INVESTMENT IN BELLAGIO LAS VEGAS AT $5.1 BILLION VALUATION

NEW YORK and SAN DIEGO, Aug. 25, 2023 /PRNewswire/ — Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, and Blackstone Real Estate Income Trust, Inc. (“BREIT”) jointly announced today that Realty Income has signed a definitive agreement to invest approximately $950 million to acquire common and preferred equity interests from BREIT in a new… Continue reading REALTY INCOME ANNOUNCES $950 MILLION INVESTMENT IN BELLAGIO LAS VEGAS AT $5.1 BILLION VALUATION