2022-11-28 06:23:51 TBLA Taboola
Apollo Global
11/28/22 11/2806:23 11/28/2206:23 | Taboola, Yahoo enter 30-year commercial agreementYahoo and Taboola (TBLA) announced that they have entered into a 30-year, exclusive commercial agreement. Taboola will exclusively power native advertising across all of Yahoo's digital properties and will be available to buy through the Yahoo DSP, establishing Taboola as a leading native advertising offering for advertisers, publishers and merchants on the open web. Through this unique partnership, Taboola will benefit from Yahoo's scale as a leading consumer tech company reaching nearly 900 million monthly active users worldwide as a top-ranked internet property across mail, sports, finance and news. By powering Yahoo's native advertising solutions, Taboola will help deliver greater reach, better campaign performance and improved user experiences, supporting brands as they continue to look for alternative advertising options outside of walled gardens. Taboola will continue to invest heavily in R&D, enhancing how people discover things they may like, and strengthen its leadership in contextual advertising. As part of the partnership, Yahoo will receive just under 25 percent of the pro forma equity of Taboola. The partnership will allow Yahoo to further enhance its own unified advertiser offerings, enhance consumer experiences across Yahoo's owned media properties, and participate in significant shared value creation as Taboola's largest single shareholder. Yahoo is owned by funds managed by affiliates of Apollo (APO). With long-term support from Apollo, alignment with shareholders and commitment to support the advertiser platforms of both companies, the partnership will accelerate both Taboola and Yahoo's growth plans in an attractive sector of the market. The agreement represents a strong belief by Apollo in Taboola's go-forward strategy and future as a leading offering for advertisers, publishers and merchants on the open web. Under the terms of the 30-year, exclusive commercial agreement, Taboola will power native advertising solutions on all of Yahoo's internet properties, driving more than 800 billion impressions. As part of the agreement, Yahoo will receive 24.99% of Taboola's total issued and outstanding shares on a combined post-transaction basis, with approximately 60% in standard ordinary shares and 40% in new non-voting ordinary shares, as well as one representative on the Taboola Board of Directors. The agreement is expected to be highly accretive to Taboola Revenue, Adjusted EBITDA and Free Cash Flow. The agreement is also expected to be highly accretive to Revenue and Adjusted EBITDA on a per-share basis. The agreement, which has been approved by the Boards of Directors of both companies, is expected to close in the first quarter of 2023, subject to receipt of customary shareholder and regulatory approvals, as well as certain closing conditions. Separately, Taboola today announced a Special General Meeting of Shareholders to be held on December 30, 2022, for the purpose of seeking the required shareholder approval. Taboola
Apollo Global
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On The Fly
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Short Report: Surprise GameStop profit spooks bears »
14:52 03/25/23 03/2514:52 03/25/2314:52
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GameStop
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Fate Therapeutics
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Coinbase
Marathon Digital
Blink Charging
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Conference/Events
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Magnite management to meet virtually with Benchmark »
04:55 03/25/23 03/2504:55 03/25/2304:55
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Magnite
Virtual Meeting to be… Story temporarily locked. ShowHide Related Items >><<
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Ecopetrol names Alberto Consuegra Granger as interim CEO »
20:41 03/24/23 03/2420:41 03/24/2320:41
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Ecopetrol
Ecopetrol "informs… Ecopetrol "informs that on March 24, 2023, its Board of Directors appointed Alberto Consuegra Granger as interim CEO of Ecopetrol S.A. effective from April 1, 2023, and until the date on which the successor to Felipe Bayon Pardo, who will lead the Company until March 31, as informed to the market, is appointed. Alberto Consuegra Granger has more than 30 years of experience in the energy sector and joined the Ecopetrol Group in 2016 as Vice President of Supply and Services. He has served as interim CEO of Cenit Transporte y Logistica de Hidrocarburos S.A.S. and is currently the Chief Operating Officer and alternate legal representative of Ecopetrol S.A." ShowHide Related Items >><<
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Ecopetrol not advancing in discussion on possible transactions »
20:39 03/24/23 03/2420:39 03/24/2320:39
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Ecopetrol "informs… Ecopetrol "informs that, with regards to statements in the public media about a possible acquisition by Ecopetrol S.A. of the company Monomeros Colombo Venezolanos S.A., Ecopetrol warns the public that, within the framework of its 2040 strategy and business plan announced to the market, it is not advancing in discussions regarding possible transactions involving this company." ShowHide Related Items >><<
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Apple COO sells $30.0M in common stock »
20:33 03/24/23 03/2420:33 03/24/2320:33
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Apple
In a regulatory filing,… In a regulatory filing, Apple disclosed that its COO Jeffrey Williams sold 187.7K shares of common stock on March 22nd in a total transaction size of $30.0M. ShowHide Related Items >><<
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Cathie Wood's ARK Investment bought 185.2K shares of Coinbase today
20:18 03/24/23 03/2420:18 03/24/2320:18
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Coinbase
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Cathie Wood's ARK Investment bought 298.5K shares of Block today
20:17 03/24/23 03/2420:17 03/24/2320:17
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Lockheed Martin awarded $186.5M U.S. Navy contract modification »
20:15 03/24/23 03/2420:15 03/24/2320:15
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Lockheed Martin is… Lockheed Martin is awarded a $186,511,034 modification to a cost-plus-fixed-fee order against a previously-issued basic ordering agreement. This modification adds scope to provide non-recurring engineering and test vehicle materials for the development of the Air-to-Ground Missile, Long-Range Anti-Ship Missile, C-3 variant in support of providing a combined Anti-Surface Warfare, LRASM, and Joint Air-to-Surface Standoff Missile strike capability for the Navy. ShowHide Related Items >><<
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Lockheed Martin awarded $474.2M U.S. Navy contract modification »
20:14 03/24/23 03/2420:14 03/24/2320:14
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Lockheed Martin Space is… Lockheed Martin Space is awarded a $474,220,267 fixed-price-incentive-fee, cost-plus-incentive-fee, and cost-plus-fixed-fee modification to exercise options under a previously- awarded contract for Trident II missile production and deployed systems support. This contract award also benefits a foreign military sale to the United Kingdom. ShowHide Related Items >><<
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BAE Systems, Scientific Research Corp awarded $536.7M U.S. Navy contract »
20:13 03/24/23 03/2420:13 03/24/2320:13
BAESY
BAE Systems
BAE Systems Technology… BAE Systems Technology Solutions & Services and Scientific Research Corp are awarded a not-to-exceed $536,700,000 cost-plus-fixed-fee, cost-only, indefinite-delivery/indefinite-quantity multiple award contract for the procurement of engineering services that provide integration, test, and installation of command, control, communications, computers, and intelligence on surface ships. ShowHide Related Items >><<
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Perma-Pipe International announces new plant in Abu Dhabi »
18:57 03/24/23 03/2418:57 03/24/2318:57
PPIH
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Perma-Pipe International… Perma-Pipe International announced it has recently opened its largest production facility outside North America in the Emirate of Abu Dhabi in the U.A.E. The facility was inaugurated by H.E. Sheikh Saeed Bin Tahnoon Al Nahyan on March 16, in an opening ceremony attended by dignitaries from Abu Dhabi, Saudi Arabia, and Qatar in addition to the group's President and CEO David Mansfield and Chairman Jerry Walker. To meet the growing demand for the district cooling and oil and gas industries in the Middle East, Perma-Pipe has opened the new 6 hectare factory, fully equipped with technologies to provide the latest environmentally-friendly products. The new facility will offer fabrication and Fusion Bonded Epoxy coating capabilities, and the XTRU-THERM insulation system, a spray-applied polyurethane foam jacketed with a high-density recycled polyethylene casing, and the PolyTherm insulation system, a spray-applied polyurethane foam jacketed with fiberglass reinforced plastic. ShowHide Related Items >><<
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Periodicals
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Salesforce considering further job cuts, COO tells Bloomberg »
18:22 03/24/23 03/2418:22 03/24/2318:22
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Salesforce
Salesforce COO Brian… Salesforce COO Brian Millham is speaking in a Bloomberg interview. ShowHide Related Items >><<
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Aurora Cannabis announces Nasdaq notice of non-compliance »
18:02 03/24/23 03/2418:02 03/24/2318:02
ACB
Aurora Cannabis
Aurora Cannabis announced… Aurora Cannabis announced receipt of a notification letter from The Nasdaq Stock Market dated March 24, advising that the company was not in compliance with Nasdaq Listing Rule 5450(a)(1) as the bid price of the company's listed securities had closed at less than $1.00 per share over the last 30 consecutive business days from February 8 to March 23. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the company has until September 20, being 180 calendar days from the date of the Notification Letter, to regain compliance with the Minimum Bid Price Requirement. ShowHide Related Items >><<
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Earnings
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PPL Corp. backs FY23 EPS view $1.50-$1.65, consensus $1.59 »
17:43 03/24/23 03/2417:43 03/24/2317:43
PPL
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The company still… The company still projects annual earnings per share growth of 6% to 8% through at least 2026. ShowHide Related Items >><<
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Conference/Events
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Jefferies Euro Midcaps analyst to hold an analyst/industry conference call »
17:25 03/24/23 03/2417:25 03/24/2317:25
European Midcaps Analyst… European Midcaps Analyst Hesse, Capital Goods Analyst Ferhani and Utilities Analyst Farman, along with Matthias Buck, Director Europe at Agora Energiewende, discuss the Green Energy initiatives including the Net Zero Industry Act, the Critical Raw Materials Act, as well as the reform of the electricity market design on an Analyst/Industry conference call to be held on March 27 at 10 am. Webcast Link |
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Cutera receives Nasdaq notification of deficiency »
17:16 03/24/23 03/2417:16 03/24/2317:16
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Cutera announced that it… Cutera announced that it received a notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC on March 21, 2023 indicating that the company is not currently in compliance with Nasdaq's Listing Rules due to the company's inability to timely file its Form 10-K for the year ended December 31, 2022 with the Securities and Exchange Commission. The Notice has no immediate effect on the listing or trading of the company's securities. Pursuant to Listing Rule 5250(c)(1), the company was required to file the Form 10-K by March 16, 2023. The company previously reported its inability to file the Form 10-K by the Due Date in a Form 12b-25 that the company filed with the SEC on March 16, 2023. ShowHide Related Items >><<
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Conference/Events
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Sherwin-Williams management to meet with Mizuho »
17:15 03/24/23 03/2417:15 03/24/2317:15
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Meeting to be held in… Meeting to be held in Boston on March 30 hosted by Mizuho. ShowHide Related Items >><<
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Berkshire Grey trading resumes
17:15 03/24/23 03/2417:15 03/24/2317:15
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Conference/Events
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Cigna management to meet with Mizuho »
17:14 03/24/23 03/2417:14 03/24/2317:14
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Meeting to be held in… Meeting to be held in Denver on March 28 hosted by Mizuho. ShowHide Related Items >><<
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General news
| Treasury Market Summary:… Treasury Market Summary: angst over the banking sector continued to keep the markets volatile as another wild and crazy week came to an end. Wall Street managed to close with gains, reversing overnight losses after a scare on UBS which was reportedly being investigated by the U.S. DoJ. Bargain hunting and expectations for Fed rate cuts ahead, as reflected by the drop in Treasury yields, helped stabilize equities. The S&P 500 advanced 0.57%, with the Dow up 0.41% and the NASDAQ 0.31% higher (European bourses finished with losses of over -1%, but recovered from better than -2% declines). Treasuries remained well bid but the bounce in risk appetite took some of the haven demand out of the market. Nevertheless, all maturities are again under 4%. The wi 2-year finished down 7 bps to 3.72%, but was over 22 bps lower overnight to hit 3.56%. The 10-year was 6 bps at 3.369% but was as low as 3.304%. This is a third straight week of richening in yields after six consecutive weeks of cheapening. The curve has bull steepened to -39 bps, but was as high as -27 bps earlier, and is in from -105 bps on March 8. The DXY dollar index again found some footing and rebounded to 103.100 from an overnight nadir of 102.503, catching a bid against its G3 peers. Gold lost some of its luster on reduced angst and the firmer buck, falling -0.85% to $1976 after challenging $2000. Oil skidded-1% lower to $69.21. ShowHide Related Items >><<
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Syndicate
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Intercept files automatic mixed securities shelf
17:03 03/24/23 03/2417:03 03/24/2317:03
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Intercept
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Syndicate
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Checkpoint Therapeutics files automatic mixed securities shelf
17:03 03/24/23 03/2417:03 03/24/2317:03
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Checkpoint Therapeutics
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General news
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Treasury readout from FSOC: "the U.S. banking system remains sound and resilient." »
16:55 03/24/23 03/2416:55 03/24/2316:55
$ECON
Economic Data
Treasury readout from… Treasury readout from FSOC: "the U.S. banking system remains sound and resilient." That does not tell us much at all, but would analysts have wanted an announcement of problems? However, after the confusion on the various comments from Treasury Secretary Yellen during the week, especially on deposit insurance, a little more clarity was hoped for. The meeting of FSOC, the Financial Stability Oversight Committee that includes the Treasury and Fed officials, along with the OCC, FDIC, SEC, CFTC, and other regulators (a total of ten voters), was called by Treasury Secretary Yellen to discuss the "efforts to monitor financial developments." Today's announcement of soundness and resilience has been the general message from officials, including monetary policymakers who said that view was the reason why a 25 bp hike was effected on Wednesday. ShowHide Related Items >><<
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Syndicate
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Eagle Bulk Shipping files to sell 3.78M shares of common stock for holders
16:54 03/24/23 03/2416:54 03/24/2316:54
EGLE
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Syndicate
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Eagle Bulk Shipping files $750M mixed securities shelf
16:54 03/24/23 03/2416:54 03/24/2316:54
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