Chinese property developer Country Garden Holdings said on Tuesday it plans to sell HK$3.92 billion ($500 million) worth of shares in a share placement, raising capital to refinance existing offshore indebtedness and for general working capital. The Guangdong-based company plans to sell 1.463 billion shares, representing 5.66% of the enlarged share capital, to third-party investors at HK$2.68 apiece, it said in a filing to the Hong Kong bourse. The issue price represents a… Continue reading China’s Country Garden plans $500m share placement
Tag: Morgan
Conrad Industries Announces Third Quarter 2022 Results and Backlog
MORGAN CITY, La., Nov. 14, 2022 /PRNewswire/ — Conrad Industries, Inc. (OTC Pink: CNRD) announced today its third quarter and nine months 2022 financial results and backlog at September 30, 2022. For the quarter ended September 30, 2022, Conrad had net loss of $5.3 million and loss per diluted share of $1.06 compared to net… Continue reading Conrad Industries Announces Third Quarter 2022 Results and Backlog
AGS ANNOUNCES PROPOSED SECONDARY OFFERING
LAS VEGAS, Nov. 14, 2022 /PRNewswire/ — PlayAGS, Inc. (NYSE: AGS) (“AGS” or the “Company”), today announced the commencement of a secondary public offering of 8,208,076 shares of the Company’s common stock, par value $0.01, by an entity managed by affiliates of Apollo Global Management, Inc. (the “Selling Stockholder”). The shares of common stock to… Continue reading AGS ANNOUNCES PROPOSED SECONDARY OFFERING
Prospects of Saudi, India cooperation in emerging areas
New Delhi: Saudi Arabia under its vision 2030 is seeking greater international cooperation for development; India is one of the natural choices for it for both a long historical and cultural linkage as well as India’s emergence as an “engine of economic growth” for the post-Covid economic recovery. The partnership between the two countries is… Continue reading Prospects of Saudi, India cooperation in emerging areas
Ford vs. GM: Same industry, two increasingly different companies
Jim Farley, CEO, Ford, left, and Mary Barra, CEO, General Motors Reuters; General Motors DETROIT — “Same industry. Two different companies.” That’s how influential Morgan Stanley auto industry analyst Adam Jonas recently described General Motors and Ford Motor The two have consistently attempted to outgun each other in sales, performance and styling of new vehicles.… Continue reading Ford vs. GM: Same industry, two increasingly different companies
Why investors have jumped off the Carvana bandwagon
Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC DETROIT – Last year, Carvana CEO and cofounder Ernie Garcia went on a victory lap. He touted the company’s “landmark” second-quarter results on Aug. 5, 2021 that included the used car retailer’s first-ever quarterly net profit. He then reminisced about the rapid growth of “a bunch of… Continue reading Why investors have jumped off the Carvana bandwagon
Conrad Industries Announces Appointment of Larry J. Callais to its Board of Directors
MORGAN CITY, La., Nov. 11, 2022 /PRNewswire/ — Conrad Industries, Inc. (OTC Pink: CNRD) announced today the appointment of Larry J. Callais to its Board of Directors. Mr. Callais will serve as an independent Class I director, and as a member of the Company’s Independent Directors Committee, effective immediately. Johnny Conrad, Chairman and Chief Executive… Continue reading Conrad Industries Announces Appointment of Larry J. Callais to its Board of Directors
Booking Holdings Inc. to Present at the Nasdaq 47th Investor Conference
NORWALK, Conn., Nov. 11, 2022 /PRNewswire/ — Booking Holdings (NASDAQ: BKNG) today announced that Chief Financial Officer David Goulden will speak at the Nasdaq 47th Investor Conference, held in association with Morgan Stanley at the May Fair Hotel in London, on December 7, beginning at 05:00 am ET / 10:00 am GMT. A live audio… Continue reading Booking Holdings Inc. to Present at the Nasdaq 47th Investor Conference
@niche: Xos, Inc. Reports Third Quarter 2022 Results002312
Revenue increased by 12% quarter-over-quarter Unit deliveries increased by 21% quarter-over-quarter Company remains on track to achieve positive gross margin at a unit level by the end of the first half of 2023 LOS ANGELES, Nov. 10, 2022 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS) (“Xos” or the “Company”), a leading technology company which provides… Continue reading @niche: Xos, Inc. Reports Third Quarter 2022 Results002312
@niche: Sennheiser brings outstanding audio to Morgan’s new Plus models002312
The new sound system delivers an enveloping sound with a unique soundstage that takes audio fidelity to its highest level, and will be available on Morgan Plus models from January 2023. Sennheiser has more than 75 years of experience in audio and is a global leader in professional technology. The lightweight audio system, which features Sennheiser’s… Continue reading @niche: Sennheiser brings outstanding audio to Morgan’s new Plus models002312