Australia markets closed

  • ALL ORDS

    6,986.80
    +4.10 (+0.06%)
     

  • ASX 200

    6,715.40
    +0.10 (+0.00%)
     

  • AUD/USD

    0.7704
    -0.0075 (-0.97%)
     

  • OIL

    52.12
    -1.45 (-2.71%)
     

  • GOLD

    1,826.80
    -24.60 (-1.33%)
     

  • BTC-AUD

    47,153.83
    -1,511.32 (-3.11%)
     

  • CMC Crypto 200

    695.83
    -39.32 (-5.35%)
     

  • AUD/EUR

    0.6376
    -0.0021 (-0.33%)
     

  • AUD/NZD

    1.0801
    +0.0031 (+0.28%)
     

  • NZX 50

    13,024.69
    -91.18 (-0.70%)
     

  • NASDAQ

    12,803.93
    -94.76 (-0.73%)
     

  • FTSE

    6,735.71
    -66.25 (-0.97%)
     

  • Dow Jones

    30,814.26
    -177.26 (-0.57%)
     

  • DAX

    13,787.73
    -200.97 (-1.44%)
     

  • Hang Seng

    28,573.86
    +77.00 (+0.27%)
     

  • NIKKEI 225

    28,519.18
    -179.08 (-0.62%)
     
Sign up NOW ✉️:

Want to master your money in 2021?

Join Yahoo Finance's 6-week bootcamp challenge!

Global District Heating Market Value to Increase by $32.81 Billion During 2020-2024 | Forecasting Strategies for New Normal | Technavio

·4-min read

The district heating market is expected to grow by USD 32.81 billion, progressing at a CAGR of over 3% during the forecast period.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201203005904/en/

Technavio has announced its latest market research report titled Global District Heating Market 2020-2024 (Graphic: Business Wire)

For a More Detailed Analysis, Get a Free Sample Report Delivered in a Minute

The implementation of district heating in smart cities is one of the major factors propelling the market growth. However, factors such as competition from fuel-cell-based micro-CHP will hamper the market growth.

More details: https://www.technavio.com/talk-to-us?report=IRTNTR44491

District Heating Market: Technology Landscape

Based on technology, the fossil fuels segment generated maximum revenue for the market in 2019. This is due to the increased use of coal, natural gas, and oil for producing steam or water heating applications. The market growth in the segment will be significant over the forecast period.

District Heating Market: Geographic Landscape

By geography, Europe is going to have a lucrative growth during the forecast period. About 73% of the market’s overall growth is expected to originate from Europe. Factors such as the presence of extensive network installations and high demand for heating requirements from the end-users are fostering the market growth in Europe.

Poland, Germany, and Denmark are the key markets for district heating solutions in Europe. Market growth in this region will be slower than the growth of the market in North America.

Develop Smart Strategies for Your Business: Get a Free Sample Report Now!

Related Reports on Energy Include:

Global Fuel Oil Market - Global fuel oil market is segmented by application (marine, industrial, and others) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

Global Needle Coke Market - Global needle coke market is segmented by end-user (graphite industry, battery industry, and others) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

Companies Covered:

  • Alfa Laval AB

  • Danfoss AS

  • Fortum Oyj

  • John Wood Group Plc

  • Korea District Heating Corp.

  • NRG Energy Inc.

  • Ramboll Group AS

  • Statkraft AS

  • Vattenfall AB

  • Xylem Inc.

What our reports offer:

  • Market share assessments for the regional and country-level segments

  • Strategic recommendations for the new entrants

  • Covers market data for 2019, 2020, until 2024

  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)

  • Strategic recommendations in key business segments based on the market estimations

  • Competitive landscaping mapping the key common trends

  • Company profiling with detailed strategies, financials, and recent developments

  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

Subscribe to World-Class Market Intelligence and gain instant access to 17,000+ market research reports and connect with expert analysts

Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2019

  • Market outlook: Forecast for 2019–2024

Five Forces Analysis

  • Five forces summary

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by Technology

  • Market segments

  • Comparison by Technology

  • Fossil fuels - Market size and forecast 2019-2024

  • Renewables - Market size and forecast 2019-2024

  • Market opportunity by Technology

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • Europe - Market size and forecast 2019-2024

  • APAC - Market size and forecast 2019-2024

  • North America - Market size and forecast 2019-2024

  • MEA - Market size and forecast 2019-2024

  • South America - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Vendor landscape

  • Landscape disruption

  • Competitive scenario

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Alfa Laval AB

  • Danfoss AS

  • Fortum Oyj

  • John Wood Group Plc

  • Korea District Heating Corp.

  • NRG Energy Inc.

  • Ramboll Group AS

  • Statkraft AS

  • Vattenfall AB

  • Xylem Inc.

Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201203005904/en/

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Latest stories

  • 'Every 5 minutes, somebody is dying of COVID in LA County': county chief medical officer

    The alarming spread of COVID-19, is now killing one Los Angeles County resident, every five minutes.

  • Falcons hire Titans OC Arthur Smith as next head coach

    The Titans' offense was in the top 4 in scoring, yards per game and rushing yards per game.

  • PSEG on track to sell fossil-fired power plants by year end -CEO

    Public Service Enterprise Group Inc is on track to sell its fossil-fired plants by the end of the year as it transitions into a mostly regulated utility operator and producer of 100% clean energy, the power company's chief executive said. Energy companies are transitioning from dirty fuels to cleaner forms of energy to limit global warming from carbon dioxide and other greenhouse gases produced by burning coal and other fossil fuels. Most U.S. utilities plan to burn more natural gas - the cleanest fossil fuel - over the next decade as they retire coal plants until there is enough wind and solar power and energy storage available to keep the lights on and electric prices low.

  • GM soars amid electric vehicle push

    GM shares are on a roll this week, hitting an all-time high and gaining an astounding 17% over the past five days alone.

  • Allegro MicroSystems, Inc. to Announce Third Quarter Fiscal Year 2021 Financial Results on Tuesday, February 2, 2021

    Manchester, N.H., Jan. 15, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the third quarter fiscal year 2021 prior to the market opening on Tuesday, February 2, 2021. Following the press release, the Company will host a conference call at 8:30AM Eastern time the same day. Ravi Vig, President and Chief Executive Officer, and Paul Walsh, Senior Vice President, Finance & Administration and Chief Financial Officer, will discuss the Company’s results and business outlook. Analysts and investors are invited to join the conference call using the following information: What: Allegro MicroSystems’ 3Q Fiscal 2021 Earnings Conference CallWhen: Tuesday, February 2, 2021Time: 8:30 a.m. EST Conference Dial-in: 1-833-665-0677 International Dial-in: 1-929-517-0172Conference ID: 7098317Live Webcast: https://edge.media-server.com/mmc/p/4rc8vawq An archived webcast of the conference call will be accessible via Allegro MicroSystems’ investor relations page: investors.allegromicro.com. About Allegro MicroSystems Allegro MicroSystems is a leading global designer, developer, fabless manufacturer and marketer of sensor integrated circuits (“ICs”) and application-specific analog power ICs enabling emerging technologies in the automotive and industrial markets. Allegro’s diverse product portfolio provides efficient and reliable solutions for the electrification of vehicles, automotive ADAS safety features, automation for Industry 4.0 and power saving technologies for data centers and green energy applications. Contact: Katherine BlyeSr. Director, Investor RelationsPhone: +1 603 626-2306kblye@allegromicro.com

  • US STOCKS-Wall Street closes lower as banks, energy shares tumble

    Wall Street's main indexes finished lower on Friday, weighed down by big U.S. banks after their earnings reports, while the energy fell sharply due to a regulatory probe into Exxon Mobil Corp. The S&P 500 banks index lost ground as shares of Wells Fargo & Co, JPMorgan Chase & Co and Citigroup Inc tumbled even though they had posted better-than-expected fourth-quarter profits.

  • Marc Lore leaves Walmart a little over four years after selling Jet.com for $3B

    Marc Lore, the executive vice president, president and CEO of U.S. e-commerce for Walmart, is stepping down a little over four years after selling his e-commerce company Jet.com to the country's largest retailer for $3 billion. Walmart instituted several new technology initiatives under Lore's tenure, but the Jet.com service was shuttered last May and other initiatives from Lore, like an option to have customers order items via text, was also a money-loser for the Bentonville, AK-based company. "After Mr. Lore retires on January 31, 2021, the U.S. business, including all the aspects of US retail eCommerce, will continue to report to John Furner, Executive Vice President, President and Chief Executive Officer, Walmart U.S., beginning on February 1, 2021," Walmart said in a filing.

  • CIO Leadership: HMG Strategy Enters a Future-Focused New Year, Engaging the Tech Executive Community in Conversation Around the Future of Leadership and Innovation

    HMG Strategy Announces its 2021 CIO & CISO Summit Lineup with a Focus on the Future of Leadership and Innovation HMG Strategy’s Research Services and CIO and CISO Summit Series will explore what the future of leadership will look like, along with the future of innovation and the future organization, beginning with its 2021 HMG Live! Washington, D.C. CISO Executive Leadership Summit. WESTPORT, Conn., Jan. 15, 2021 (GLOBE NEWSWIRE) -- HMG Strategy, the world's #1 digital platform for connecting technology executives to reimagine the enterprise and reshape the business world, is bringing together the world’s most distinguished and innovative technology leaders to discuss the most pressing leadership, strategic, cultural, technological and career challenges technology executives are facing today – and tomorrow. After a year of repositioning the enterprise to overcome a variety of challenges, HMG Strategy’s Research Services and CIO and CISO Summit Series will explore what the future of leadership will look like, along with the future of innovation and the future organization. “2021 at HMG is all future-focused. The future of leadership, the future of work, the future of innovation- it’s all happening here,” said Hunter Muller, President and CEO of HMG Strategy. “Last year was all about adjusting to extremely demanding circumstances. As we look ahead to a brighter 2021 and beyond, it’s all about the role of the technology executive in improving the customer experience, boosting go-to-market strategies, and advancing new business models to the next level. By collaborating and working together, we can help each other to achieve tremendous success.” HMG Strategy will kick off its 2021 CIO and CISO Executive Summit Series with a great lineup of peer-focused, research driven content at its 2021 HMG Live! Washington, D.C. CISO Executive Leadership Summit on February 2. Engaging topics that security leaders will be discussing at the event include redefining and reinventing the modern enterprise with new technologies, fostering a connected culture while keeping hybrid and remote employees motivated and engaged, and maintaining a secure workplace in a hybrid work environment. Notable technology executives speaking at the 2021 HMG Live! Washington, D.C. CISO Executive Leadership Summit on February 2 include: Selim Aissi, SVP and CISO, Ellie MaeDr. David Bray, Inaugural Director, Global GeoTech Center & Commission, Atlantic CouncilMignona Cote, Global Specialty Head, Security, Risk, and Compliance, Amazon Web ServicesJohn Iannarelli, Former FBI Special Agent and Senior Executive Advisor, FBIWanda Jones-Heath, Chief Information Security Officer/DAF Principal Cyber Advisor, United States Air ForceMonti Knode, Director of Customer Success, Horizon3.aiAdam Lee, VP and CISO, Dominion EnergyJana Monroe, VP Global Security and Enterprise Risk Management, HerbalifeJames Turgal, Managing Director, Cyber Risk Services, Deloitte Valued partners for the 2021 HMG Live! Washington, D.C. CISO Executive Leadership Summit on February 2 will include Appian, Aryaka, Darktrace, Forescout Technologies, Globant, Horizon3.ai, Ivanti, Obsidian Security, PagerDuty, SentinelOne, SIM Capital Area Chapter, Slack, Sonatype, Tessian, and Tanium. To learn more about the 2021 HMG Live! Washington, D.C. CISO Executive Leadership Summit and to register for the event, click here. UPCOMING EVENTS HMG Strategy will be hosting its 2021 HMG Live! Charlotte CIO Executive Leadership Summit on February 4. Topics to be discussed at this event will include the role of technology executives in driving new waves of business innovation and go-to-market strategies, fostering a high-performing hybrid workplace, and protecting the security of the enterprise in a new world. Prominent technology executives speaking at this event include: Lekha Banerjee, Chief Architect & Futurist, Large Global Financial Services CompanyGreg Berkin, VP, IT & Cybersecurity, and CIO, Caladrius Biosciences, Inc.Shoukat Ali Bhamani, VP, CIO, and CDO, Schaeffler Group AmericasDr. David Bray, Inaugural Director, Global GeoTech Center & Commission, Atlantic CouncilMarcus Fowler, Director of Strategic Threat, DarktraceAngelic Gibson, CIO, AvidXchangeMike Hillhouse, Chief Information Officer/Security Officer, Cadrillion CapitalScott Mathis, Chief Information Security Officer, RBC Bank USOnyeka Nchege, SVP & CIO, Novant HealthAnna Ransley, Vice President, Digital and Technology, HeinekenPatrick Thompson, CIO, Albemarle Corporation Valued partners for the 2021 HMG Live! Charlotte CIO Executive Leadership Summit on February 4 will include Appian, Aryaka, the Charlotte Area Technology Collaborative (CATC), Darktrace, Forescout Technologies, Globant, Horizon3.ai, Insight, Ivanti, the North Carolina Technology Association (NCTA), Obsidian Security, PagerDuty, SentinelOne, SIM Charlotte, Slack, Sonatype, Tessian, and Tanium. To learn more about 2021 HMG Live! Charlotte CIO Executive Leadership Summit and to register for the event, click here. To learn more about HMG Strategy’s upcoming CIO & CISO summits, click here. UPCOMING WEBINARS & DIGITAL ROUNDTABLES HMG Strategy has also received exceptional interest in its webinars through the strength of the 400,000+ technology executives in its community and the quality of the content it delivers. HMG Strategy has scheduled multiple 30-to-60-minute webinars over the next few months with an arsenal of innovative technology companies such as Citrix, Darktrace, HCL Technologies, Ivanti, Moveworks, Nutanix, Okta, OutSystems, PagerDuty, RangeForce, RingCentral, UiPath, Zoom, Zscaler, and Zylo. On January 26th, HMG Strategy will host a leadership-focused webinar powered by Zoom. Scaling the Ladder of Success: Priceless Career Lessons from Thriving CIOs kicks off at 12 p.m. ET/9 a.m. PT and will feature CIOs such as Harry Moseley, Global CIO at Zoom who will share their most valuable leadership lessons and career opportunities. To learn more about this webinar and to register for the event, click here. On January 27th, HMG Strategy will host an interactive digital roundtable called Exploring the Long-Term Ramifications of the SolarWinds Attack. This exclusive digital roundtable, which is designed for CISOs and CIOs to participate in, will feature behind-the-scenes insights from cybersecurity leaders on the short- and long-term implications of the SolarWinds hack, valuable perspectives on the lessons security teams can learn from this attack, along with recommendations and next steps that CISOs and CIOs should be taking. To learn more about this digital roundtable and to register for the event, click here. Click here to view HMG Strategy’s complete calendar of upcoming and on-demand webinars. About HMG Strategy HMG Strategy is the world's leading digital platform for connecting technology executives to reimagine the enterprise and reshape the business world. Our regional and virtual CIO and CISO Executive Leadership Series, authored books and Digital Resource Center deliver unique, peer-driven research from CIOs, CISOs, CTOs and technology executives on leadership, innovation, transformation and career ascent. HMG Strategy also produces the HMG Security Innovation Accelerator Panel, a new webinar series that’s designed to connect enterprise CISOs and security leaders with the most innovative cybersecurity companies from across the world. The HMG Strategy global network consists of over 400,000 senior IT executives, industry experts and world-class thought leaders. To learn more about the 7 Pillars of Trust for HMG Strategy's unique business model, click here. HMG Strategy: Your #1 Trusted Digital Platform Connecting Technology Executives to Reimagine the Enterprise and Reshape the Business World. CONTACT:Tom Hoffman203-221-2702TomHoffman@hmgstrategy.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3042c900-51b3-4e61-b82a-dbd0e088105a.

  • Why Cryptocurrency Stocks Crashed Today

    The leading cryptocurrency's price fell sharply on Friday, dragging down the market value of companies with deep ties to bitcoin tokens.

  • Morehouse-CommonSpirit partnership aims to close medicine's race gap, train more Black doctors in COVID-19 era

    One glaring deficit facing the healthcare system is the lack of Black doctors across the country — a condition that needs to be addressed.

  • Roark Capital-Backed Driven Brands Climbs After $700 Million IPO

    (Bloomberg) -- Driven Brands Holdings Inc., an automotive services company backed by Roark Capital, rose 21% in its U.S. trading debut after raising $700 million in an initial public offering.The company’s shares opened at $28 in New York trading Friday and closed at $26.69, giving Driven Brands a market value of about $4.5 billion. The company sold almost 32 million shares on Thursday for $22 apiece after marketing 38 million for $17 to $20.Roark Capital, which acquired Driven Brands in 2015, is keeping about a 70% stake in the company after the share sale, according to filings with the U.S. Securities and Exchange Commission. It’s one of the first major sponsor-backed listings of 2021, data compiled by Bloomberg shows.Driven Brands, based in Charlotte, North Carolina, operates car maintenance service Meineke, car wash chain ICWG and paint and repair businesses. It plans to use the IPO proceeds to pay down $722 million in senior credit facilities assumed in an acquisition, according to the filings.Morgan Stanley, Bank of America Corp., Goldman Sachs Group Inc., JPMorgan Chase & Co. and Barclays Plc led the offering. Driven Brands is trading on the Nasdaq Global Select Market under the symbol DRVN.(Updates with closing share price in second paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Monroe Capital Corporation Prices Offering of $130 Million 4.75% Notes Due 2026

    CHICAGO, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it priced a public offering of $130 million aggregate principal amount of 4.75% notes due 2026 (the “Notes”) on January 15, 2021. The Notes will mature on February 15, 2026, and may be redeemed in whole or in part at any time or from time to time at the Company’s option at par plus a “make-whole” premium, if applicable. The Notes will bear interest at a rate of 4.75% per year payable semi-annually on February 15 and August 15 of each year, beginning August 15, 2021. Raymond James & Associates, Inc. is acting as book-running manager for this offering. ING Financial Markets LLC, B. Riley Securities, Inc., Huntington Securities, Inc., Janney Montgomery Scott LLC, Ladenburg Thalmann & Co. Inc. and Oppenheimer & Co. Inc. are acting as co-managers for the offering. The closing of the transaction is subject to customary closing conditions and the Notes are expected to be delivered on or about January 25, 2021. The Company intends to use the net proceeds from this offering to redeem all of its outstanding 5.75% notes due 2023 and to repay a portion of the amount outstanding under its credit facility. However, the Company may re-borrow under its credit facility and use such borrowings to invest in lower middle-market companies in accordance with its investment objective and strategies and for working capital and general corporate purposes. As of January 12, 2021, the Company had $114.9 million in outstanding indebtedness under its credit facility. Investors are advised to consider carefully the investment objective, risks and charges and expenses of the Company before investing. The preliminary prospectus supplement dated January 15, 2021 and the accompanying prospectus dated June 24, 2020, each of which has been filed with the Securities and Exchange Commission (the “SEC”), contain a description of these matters and other important information about the Company and should be read carefully before investing. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of the Notes referred to in this press release, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction. A registration statement (File No. 333-237740) relating to the Notes was filed and has been declared effective by the SEC. This offering is being made solely by means of a written prospectus forming part of the effective registration statement and a related preliminary prospectus supplement, which may be obtained for free by visiting the SEC’s website at www.sec.gov or from Raymond James & Associates, Inc., 880 Carillon Parkway, St. Petersburg, Florida 33716, email: prospectus@raymondjames.com or by calling 800-248-8863. ABOUT MONROE CAPITAL CORPORATIONMonroe Capital Corporation is a publicly-traded specialty finance company that principally invests in senior, unitranche and junior secured debt and, to a lesser extent, unsecured debt and equity investments in middle-market companies. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation. The Company’s investment activities are managed by its investment adviser, Monroe Capital BDC Advisors, LLC, which is an investment adviser registered under the Investment Advisers Act of 1940, as amended, and an affiliate of Monroe Capital LLC. To learn more about Monroe Capital Corporation, visit www.monroecap.com. ABOUT MONROE CAPITAL LLCMonroe Capital LLC (“Monroe”) is a private credit asset management firm specializing in direct lending and opportunistic private credit investing. Since 2004, the firm has provided private credit solutions to borrowers in the U.S. and Canada. Monroe’s middle market lending platform provides debt financing to businesses, special situation borrowers, and private equity sponsors. Investment types include cash flow, enterprise value and asset-based loans; unitranche financings; and equity co-investments. Monroe is committed to being a value-added and user-friendly partner to business owners, senior management, and private equity and independent sponsors. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Los Angeles, New York, and San Francisco. Monroe has been recognized by Creditflux as the 2020 Best U.S. Direct Lending Fund; Pension Bridge as the 2020 Private Credit Strategy of the Year; Global M&A Network as the 2020 Small Middle Markets Lender of the Year; Private Debt Investor as the 2018 Lower Mid-Market Lender of the Year; M&A Advisor as the 2016 Lender Firm of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. For more information, please visit www.monroecap.com. FORWARD-LOOKING STATEMENTS This press release may contain certain forward-looking statements. Any such statements, other than statements of historical fact, are likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under the Company’s control, and that the Company may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from these estimates and projections of the future. Such statements speak only as of the time when made, and the Company undertakes no obligation to update any such statement now or in the future. SOURCE: Monroe Capital Corporation Investor Contact: Aaron D. PeckChief Investment Officer and Chief Financial OfficerMonroe Capital Corporation(312) 523-2363Email: apeck@monroecap.com Media Contact: Caroline CollinsBackBay Communications(617) 963-0065Email: caroline.collins@backbaycommunications.com

  • Jennifer Hudson Would Love To Reprise Her 'Sex And The City' Role In The Reboot

    Jennifer Hudson thinks "Sex and the City" fans are ready to reunite withLouise from St.

  • SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Corning Natural Gas Holding Corporation Buyout

    WILMINGTON, Del., Jan. 15, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Corning Natural Gas Holding Corporation (“Corning”) (OTC: CNIG) regarding possible breaches of fiduciary duties and other violations of law related to Corning’s agreement to be acquired by affiliates of Argo Infrastructure Partners, LP. Under the terms of the agreement, shareholders of Corning common stock will receive $24.75 in cash per share. To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-corning-natural-gas-holding-corporation. You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or info@rl-legal.com. Rigrodsky Law, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide. Attorney advertising. Prior results do not guarantee a similar outcome. CONTACT: Rigrodsky Law, P.A.Seth D. RigrodskyGina M. Serra(888) 969-4242 (Toll Free)(302) 295-5310Fax: (302) 654-7530info@rl-legal.com https://rl-legal.com

  • Liverpool's 'phenomenal' dominance makes Ferguson happy he retired

    Alex Ferguson admits Liverpool's "phenomenal" dominance makes him relieved he retired before Manchester United's bitter rivals hit top form.

  • Mobile-Game Maker Playtika Rises After Israel-Record IPO

    (Bloomberg) -- Mobile-games company Playtika Holding Corp. rose in its trading debut after raising $1.88 billion in an initial public offering, the biggest listing ever by an Israel-based company.Playtika’s shares, which rose as much as 34% Friday, closed up 17% to $31.62 in New York trading, giving the company a market value of about $13 billion.The company and its main owner, a China-based investor, sold 69.5 million shares Thursday for $27 apiece. Playtika had marketed the shares for $22 to $24.Playtika Chief Executive Officer Robert Antokol said in an interview that the proceeds of the IPO could fuel acquisitions of other companies as well as internal game development.“This is the right time to go public because we want to make the next jump for our growth,” he said.Gaming BoomPlaytika is going public on the coattails of a gaming-industry boom. With consumers stuck at home more due to the Covid-19 pandemic, digital-game revenue rose 12% last year, to $126.6 billion, according to researcher SuperData.Mobile games grew 10%, and accounted for nearly 60% of the total market. As it could take months more for life to normalize, many analysts say increased gameplay is expected to continue for much of this year as well.“The gaming space showed that it’s a very strong sector, it’s a very growing sector,” Antokol said. “Investors are already looking at the sector differently than they were a few years ago.”Mobile gaming company Skillz Inc. went public via special purpose acquisition companies last year and Roblox Corp. is planning a direct listing soon.Playtika had net income of $16 million on revenue of $1.8 billion for the nine months ended Sept. 30, according to its filings with the U.S. Securities and Exchange Commission. That compares with net income of $259 million on revenue of $1.4 billion during the same period in 2019.Chinese investors bought Playtika from Caesars Entertainment Corp. for $4.4 billion in 2016. After the IPO, Playtika will continue to be ultimately controlled by the Chinese company Giant Investment Co., which in turn is controlled by Yuzhu Shi, according to the filings.The offering was led by Morgan Stanley, Credit Suisse Group AG, Citigroup Inc., Goldman Sachs Group Inc., UBS Group AG and Bank of America Corp. The company’s shares are trading on the Nasdaq Global Select Market under the symbol PLTK.(Updates with closing share price in second paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • 12 Best Laundry Hampers and Baskets to Keep All of Your Dirty Clothes Out of Sight

    One of them comes with an ironing board! 😍From Good Housekeeping

  • Connecticut Water Files Application With Connecticut Public Utilities Regulatory Authority (PURA) to Amend Rates

    The Connecticut Water Company announced the filing of an application to amend customer rates with the Connecticut PURA.

  • Razer unveils smart mask prototype with filter and voice amp

    Razer revealed a prototype for its new mask which includes an N95 filter, a voice amp and, yes, RGB lights. In the debut video, Razer director Charlie Bolton introduced the mask as Project Hazel and described it as “the world’s smartest mask.” It seems that Project Hazel is designed to be an advanced, sturdy mask that’s suitable for long-term use.

  • Bus dangles from overpass in NYC

    Authorities are investigating what caused a New York City bus to plunge off a bridge in dramatic fashion. Officials said the 55-year-old driver broke his jaw in the crash and refused a drug and alcohol test at the hospital. (Jan. 15)