Yahoo Sports’ Pete Thamel and Amanda Borges look ahead to this Saturday’s big showdown between SEC foes.
Yahoo Sports’ Pete Thamel and Amanda Borges look ahead to this Saturday’s big showdown between SEC foes.
The Offshore Oil and Gas Pipeline Market will grow by USD 2.79 bn during 2020-2024
Global Superabsorbent Polymers market is expected to grow by USD 3 billion as we reach 2024, due to the impact of the COVID-19 pandemic in 2020.
A man exposed himself to a teenage girl in a doctors office, then forcing her to the ground inside a New York doctor's office.
Asian stocks made early gains on Wednesday, following a world rally overnight that saw the Dow Jones benchmark crack 30,000 for the first time as investors cheered a dramatically improved global outlook. The main drivers of that exuberance were increasing confidence a COVID-19 vaccine would be ready soon and the formal start of U.S. president-elect Joe Biden's transition to the White House, which ends weeks of post-election political uncertainty. President Donald Trump's apparent willingness to comply with the formal transfer of power also boosted investor sentiment, following weeks of legal challenges to the election results.
(Bloomberg) -- Carson Block is having an unusually tough time betting against Chinese stocks.The famed short seller’s recent calls to unload shares of GSX Techedu Inc., TAL Education Group and Joyy Inc. have largely backfired after the stocks rallied following brief dips when his reports were first posted.“GSX, after we reported it, tripled,” Block said in an interview with Bloomberg Television. “There is clearly something wrong.”Block, founder of Muddy Waters Research, isn’t questioning his methods. He blames options traders, small floats and investors taking advantage of low volumes to push the Chinese stocks back up after his calls.The result has been a grim year of shorting China equities for Block, who earned his reputation following successful bets against companies like Noble Group Ltd., the commodities firm in Singapore, and Sino-Forest Corp., a Canada-based timber company that operated in China.GSX, the online education firm that Muddy Waters called out in May, soared more than 200% through August before paring some of its gains. TAL Education has almost doubled since Block announced his short position more than two years ago.GSX has said Muddy Waters doesn’t understand its business model. TAL Education called the report erroneous and deceptive.“Given the infamy of short sellers and unchanging methods, a short sell report essentially puts a bullseye on their back asking for a short squeeze,” Justin Tang, head of Asian research at United First Partners, said in an email. He also noted the impact of the recent market rally. “Short sellers are swimming against the current at the moment, given the overhang lifting from the U.S. elections and the coronavirus vaccine.”The trend is playing out again with Joyy, the streaming service that plunged 26% on Nov. 18 when Muddy Waters announced its short call. The stock is crawling back, down just 12% since before the call, eroding gains from Block’s short bet.Block said Joyy is a “fraud” that’s a zero since 90% of the “gifters” who are allegedly paying for entertainment on Joyy’s servers are robots.“The reality is that the vast, vast, vast majority of the gifters are fake and the money is round tripped and recycled” Block said in the interview with Erik Schatzker.Joyy has said Block doesn’t understand the way streaming services work in China.“Muddy Waters’s report is full of ignorance about the live-streaming industry and the live-streaming ecosystem,” Joyy said in a statement. “The report contains a large number of errors with unclear logic, confusing data, and hasty generalizations.”Insane AlphaBlock says about 65% of the names he has shorted over the past decade have declined in the long term, generating added value, or alpha, for his clients. One of his notable winners this year was in China -- Luckin Coffee Inc. is down almost 90% since his January bet.“What we short generates pretty insane alpha,” he said, without elaborating on his returns. “This year, all bets are off.”Matt Wiechert, founder of Bonitas Research LLC, agreed it’s been difficult to short stocks in China this year, with the pandemic making it harder for proper due diligence to detect potential fraud.“This has been an unusually tough year staying short Chinese stocks,” he said in a phone interview. “Investors seem to be caring less about owning frauds than in previous years.”Block meanwhile reiterated his call for the U.S. Securities & Exchange Commission to delist the Chinese firms that it can’t properly monitor.“This is China and the Chinese stock promotion, manipulation fraud machine laughing in the face of the SEC,” he said. “If they are ripping us off, then we need to delist. Otherwise this is a total joke and what’s the point of the market?”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Netflix, which has invested more than $500 million to gain a foothold in India in recent years, is slowly finding out just about what all could upset some people in the world’s second-largest internet market: Apparently everything. A police case has been filed this week against two top executives of the American streaming service in India after a leader of the governing party objected to some scenes in a TV series. Narottam Mishra, the interior minister of the central state of Madhya Pradesh, said a First Information Report (an official police complaint) had been filed against Monika Shergill, VP of Content at Netflix and Ambika Khurana, Director of Public Policies for the firm, over objectionable scenes in the show that hurt the religious sentiments of Hindus.
The main drivers of that exuberance were increasing confidence a COVID-19 vaccine would be ready soon and the formal start of U.S. president-elect Joe Biden's transition to the White House, which ends weeks of post-election political uncertainty. President Donald Trump's apparent willingness to comply with the formal transfer of power also boosted investor sentiment, following weeks of legal challenges to the election results. The General Services Administration told Biden this week that he could formally begin the handover process.
Tampa Bay Rays playoff hero Randy Arozarena was arrested in Mexico for alleged domestic violence, US media reported on Tuesday.
New Canterbury coach Trent Barrett has lured Matt Burton away from Penrith, but not until 2022 on a three-year NRL deal.
University of Sydney professors reveal an alternative perspective on economic downturns.
Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of HP Inc. (NYSE: HPQ) between November 6, 2015 and June 21, 2016, inclusive (the "Class Period") of the important January 4, 2021 lead plaintiff deadline in the case. The lawsuit seeks to recover damages for HP investors under the federal securities laws.
Score up to 60 per cent off toys, tech, travel, fashion and homewares.
Not for distribution to United States newswire services or for dissemination in the United States.VANCOUVER, British Columbia, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Gen III Oil Corporation ("Gen III" or the “Company”) (TSX-V: GIII) (OTCQX: ISRJF) is pleased to announce that it proposes to settle $200,250 in debt (“Debt”) in exchange for 513,460 common shares (the “Shares”) at a deemed price of $0.39 per Share.The Shares for Debt transaction is subject to the approval of the TSX Venture Exchange. All Shares issued will be subject to a four-month hold period. No new control person will be created as a result of the Shares for Debt transactions. The Shares for Debt transactions in the table above are each a “related party transaction” under applicable securities laws. Each director of the Company abstained from voting on the resolution approving the Shares for Debt transaction that related to them. The directors of the Company consider the transaction to be in the best interest of the Company in order to improve the Company’s balance sheet. Each Shares for Debt transaction is exempt from the formal valuation and minority approval requirements under Multilateral Instrument 61-101.About Gen IIIGen III is first and foremost a cleantech company, that is building a sustainable green project that has compelling economics, without government subsidies. Gen III owns a portfolio of patented technologies that enable used motor oil (“UMO”) re-refineries to produce a higher value product mix of base oils than traditional methods, including 55% Group III. For more information about the Company, please visit www.geniiiesg.com.On Behalf of the Board of Gen III Oil Corporation“Greg Clarkes” Greg Clarkes Chief Executive OfficerFor further information, contact Mark Redcliffe at (778) 668-5988Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Certain information contained in this news release constitutes “forward-looking information” or “forward-looking statements” (collectively, “forward-looking information”). Without limiting the foregoing, such forward-looking information includes statements regarding the use of proceeds of the Offering, the term extension for the September Warrants and any statements regarding the Company’s business plans, expectations and objectives. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” and similar words and the negative form thereof are used to identify forward-looking information. Forward looking information should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking information is based on information available at the time and/or the Company management’s good faith belief with respect to future events and is subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company’s control. For additional information with respect to these and other factors and assumptions underlying the forward-looking information made in this news release, see the Company’s most recent Management’s Discussion and Analysis and financial statements and other documents filed by the Company with the Canadian securities commissions and the discussion of risk factors set out therein. Such documents are available at www.sedar.com under the Company’s profile and on the Company’s website, https://www.geniiiesg.com/. The forward-looking information set forth herein reflects the Company’s expectations as at the date of this news release and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
Leading outpatient imaging provider adds centers in Appleton, De Pere, Kenosha and La CrosseMINNEAPOLIS, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Center for Diagnostic Imaging (CDI), one of the nation’s leading outpatient imaging providers, has reached an agreement to purchase certain assets from Smart Choice MRI. CDI is adding former Smart Choice MRI locations in Appleton, De Pere, Kenosha and La Crosse to its existing Wisconsin network of outpatient imaging centers. CDI currently operates outpatient imaging centers in Appleton and Eau Claire, as well as six multi-modality imaging centers in Milwaukee through a partnership with Froedtert and the Medical College of Wisconsin.“We’re excited about expanding our presence in Wisconsin,” said Rick Long, CDI President and Chief Executive Officer. “We’ve had a long history of providing critical health care answers to patients and providers throughout the state, and these new centers help us expand access to our high-quality, high-value imaging services at a crucial time when people are seeking the convenience and safety of outpatient care.”The centers in Appleton and De Pere are continuing normal operations and scheduling patients as part of the CDI network. The center in Kenosha will close temporarily and reopen as part of the Froedtert CDI network of centers in Milwaukee. The La Crosse center will open as a CDI center at a later date.Smart Choice MRI has closed its remaining locations in Minnesota, Wisconsin and Illinois. Patients seeking care at a Smart Choice MRI location are being offered appointments at nearby CDI locations. CDI has a well-established network of outpatient imaging centers in these markets that provide MRIs and a full range of other diagnostic imaging services and procedures.“It’s important to make sure patients continue to get the answers they need,” said Long. “CDI is well established in these markets, the referring communities know us well and we’ve stepped up to make sure patients get seen right away.”CDI is one of the nation's leading providers of high-quality diagnostic imaging and interventional radiology services through its network of imaging centers, ambulatory surgery centers, and mobile imaging solutions. With more than 130 centers nationwide, CDI’s network includes 15 outpatient centers in the Twin Cities and two in Chicago. With the addition of the new locations in Appleton, De Pere, Kenosha and La Crosse, CDI now operates 10 centers in Wisconsin – including six outpatient Froedtert CDI centers in the Milwaukee area. Coker Capital served as the exclusive financial advisor to Smart Choice MRI.About Center for Diagnostic Imaging (CDI): CDI is one of the nation’s leading providers of high-quality diagnostic imaging and interventional radiology services through its network of imaging centers, ambulatory surgery centers, and mobile imaging solutions. The organization, with nearly 2,000 associates nationally, is committed to delivering clinical excellence in communities across the U.S. driven by its affiliated subspecialized radiologists network, compassionate, safe and cost-efficient care, and superior service to referring providers and patients. For more information, visit myCDI.com.
The Flexible Pipes Market for Oil and Gas will grow by USD 123.54 mn during 2020-2024
The top team in the first set of playoff rankings has finished the regular season at No. 1 in three of the playoff's first six years.
(Bloomberg) -- A global equity rally picked up steam on Wednesday after U.S. stocks climbed to fresh records, with cash continuing to flow into cyclical sectors. The dollar extended its decline.Asian shares opened with gains and futures on the S&P 500 Index pushed higher after the index closed at an all-time high and the Dow Jones Industrial Average topped 30,000 for the first time. Helping sentiment overnight was the formal start of President-elect Joe Biden’s transition, a clearer sense of what his Treasury Department will have in policy preferences after he nominated Janet Yellen to the post and a third promising vaccine candidate. U.S. bonds were steady after the Treasury yield curve steepened on Wednesday. Oil held its surge.Positive vaccine news has fueled optimism that the global economic recovery can continue despite more troubling news on the virus front, with cases rising and more U.S. states enacting restrictions ahead of the Thanksgiving holiday. Next up Wednesday comes a slew of American economic indicators, from jobless claims to readings on consumer confidence and personal income.“Looking three to six months out, we do think the recovery will maintain its momentum,” Anna Han, equity strategist at Wells Fargo Securities LLC, said on Bloomberg TV. “When you see that reflation trade coming back, it’s telling you that investors are gaining confidence in growth prospects looking forward.”Elsewhere, Bitcoin rose to a three-year high, topping $19,000 as it closed in on a record. In New Zealand, bond yields climbed to the highest since July following the central bank’s quantitative easing operation.Here are some key events coming up:Minutes of the most recent Federal Open Market Committee meeting are due Wednesday.U.S. jobless claims, GDP and personal spending data come Wednesday.U.K. Chancellor of the Exchequer will lay out spending plan on Wednesday.Thursday sees a policy decision and briefing from the Bank of Korea.U.S. celebrates the Thanksgiving holiday on Thursday.The week ends with Black Friday, the traditional start of the U.S. holiday shopping season.These are the main moves in markets:StocksS&P 500 Index futures added 0.2% as of 9:02 a.m. in Tokyo. The gauge rose 1.6% on Tuesday.Japan’s Topix index advanced 1.2%.South Korea’s Kospi index gained 0.9%.Australia’s S&P/ASX 200 Index advanced 0.8%.CurrenciesThe Bloomberg Dollar Spot Index was flat after falling 0.4%.The euro bought $1.1897.The yen was at 104.48 per dollar.The offshore yuan traded at 6.5713 per dollar.BondsThe yield on 10-year Treasuries remained at 0.88%.Australia’s 10-year yield climbed four basis points to 0.94%.CommoditiesWest Texas Intermediate crude dipped 0.3% to $44.79 a barrel.Gold was at $1,810.36 an ounce, up 0.2%.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
SpaceX looks ready to proceed to the next crucial phase of its Starship spacecraft development program: A 15km (50,000 feet) test flight. Elon Musk says that SpaceX will look to make its first high-altitude attempt sometime next week. This tentative date (these are always subject to change) follows a successful static test fire of the current SN8 generation prototype – essentially just firing the test spacecraft's Raptor engines while it remains stationary o the pad.
The Chiefs quarterback's ketchup habit has reached a new frontier.
Almost 100 pilot whales have died in a mass stranding on New Zealand's remote Chatham Islands, conservation officials said Wednesday.