G7 foreign ministers push for Israel-Hezbollah ceasefire in final G7 of Biden administrationCharles Schwab Investment Management Inc. lowered its position in shares of Chord Energy Co. ( NASDAQ:CHRD – Free Report ) by 28.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 457,672 shares of the company’s stock after selling 186,448 shares during the period. Charles Schwab Investment Management Inc. owned 0.74% of Chord Energy worth $59,603,000 as of its most recent filing with the Securities and Exchange Commission. Several other hedge funds have also added to or reduced their stakes in CHRD. Hexagon Capital Partners LLC lifted its holdings in shares of Chord Energy by 462.9% during the third quarter. Hexagon Capital Partners LLC now owns 197 shares of the company’s stock worth $26,000 after buying an additional 162 shares in the last quarter. UMB Bank n.a. boosted its holdings in Chord Energy by 77.7% in the 3rd quarter. UMB Bank n.a. now owns 231 shares of the company’s stock valued at $30,000 after purchasing an additional 101 shares during the period. Ashton Thomas Private Wealth LLC acquired a new position in shares of Chord Energy during the 2nd quarter worth approximately $40,000. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Chord Energy by 125.9% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 244 shares of the company’s stock worth $41,000 after purchasing an additional 136 shares during the period. Finally, Spartan Fund Management Inc. bought a new position in shares of Chord Energy during the third quarter worth approximately $34,000. 97.76% of the stock is owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth A number of equities research analysts recently issued reports on the company. Citigroup reduced their price target on Chord Energy from $195.00 to $180.00 and set a “buy” rating on the stock in a research report on Monday, August 12th. Bank of America boosted their price target on Chord Energy from $201.00 to $208.00 and gave the company a “buy” rating in a research note on Wednesday, August 21st. Piper Sandler increased their price objective on shares of Chord Energy from $211.00 to $212.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. Royal Bank of Canada dropped their target price on shares of Chord Energy from $185.00 to $180.00 and set an “outperform” rating for the company in a research report on Wednesday, November 20th. Finally, Truist Financial reduced their price target on shares of Chord Energy from $223.00 to $185.00 and set a “buy” rating on the stock in a research report on Monday, September 30th. Two equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $188.45. Chord Energy Stock Performance Chord Energy stock opened at $127.52 on Friday. The business has a 50 day moving average of $130.17 and a 200-day moving average of $151.06. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.93 and a quick ratio of 0.89. Chord Energy Co. has a 1 year low of $123.30 and a 1 year high of $190.23. The company has a market capitalization of $7.80 billion, a P/E ratio of 6.57, a P/E/G ratio of 5.07 and a beta of 0.98. Chord Energy ( NASDAQ:CHRD – Get Free Report ) last released its quarterly earnings results on Wednesday, November 6th. The company reported $3.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.63 by ($0.23). Chord Energy had a net margin of 19.74% and a return on equity of 12.88%. The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.26 billion. During the same period in the previous year, the business posted $5.04 EPS. Chord Energy’s revenue was up 33.4% on a year-over-year basis. On average, equities research analysts predict that Chord Energy Co. will post 16.5 earnings per share for the current year. Chord Energy Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be given a $1.25 dividend. The ex-dividend date is Wednesday, November 27th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.92%. Chord Energy’s dividend payout ratio (DPR) is presently 25.75%. Chord Energy Company Profile ( Free Report ) Chord Energy Corporation operates as an independent exploration and production company in the United States. It acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Williston Basin. The company sells its products to refiners, marketers, and other purchasers that have access to nearby pipeline and rail facilities. Featured Articles Want to see what other hedge funds are holding CHRD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chord Energy Co. ( NASDAQ:CHRD – Free Report ). Receive News & Ratings for Chord Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chord Energy and related companies with MarketBeat.com's FREE daily email newsletter .Stock market today: Wall Street gains ground as it notches a winning week and another Dow record
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None“Beyond The Secret: The Awakening,” a documentary exploring the philosophical concept of the law of attraction, can now be watched on GJW+, the streaming platform of Ganjing World. The 55-minute documentary follows up on the 2006 film “The Secret,” which popularized the idea that thoughts can influence life experiences. Made in 2020, “Beyond The Secret: The Awakening” features interviews with thought leaders who discuss the evolution of the law of attraction, address misconceptions, and offer fresh perspectives. With a focus on family-oriented content, GJW+ is Gan Jing World’s recent addition to the streaming market. The platform offers a variety of entertainment options for all ages, including original and licensed programming. The service’s content library emphasizes educational and inspirational material without graphic violence or explicit content. GJW+ aims to differentiate itself from mainstream streaming services by curating content with traditional values in mind, targeting viewers of all ages and appealing to families. “Beyond The Secret” and other GJW+ content can be accessed through the Gan Jing World website . Gan Jing, which means “clean” in Chinese, reflects the platform’s commitment to providing content “free from gratuitous violence, sex, crime, and objectively harmful behavior,” according to its website. The platform’s mission extends beyond content curation, aiming to reconnect users with morals and traditions. According to the company’s about us page, Gan Jing World seeks to revitalize traditional connections through technology, fostering a culture of care, kindness, mutual respect, and trust among individuals, within families, and throughout society. One of Gan Jing World’s key features is its non-addictive algorithm, designed to free users from endless scrolling and addiction. Instead, the platform prioritizes valuable information and inspiring content to help users embrace meaningful engagement. Unlike other digital platforms, Gan Jing World emphasizes that users are not the product. The company pledges not to track or sell user data, including likes, purchases, relationships, and location information, as stated on its website. The platform also boasts a private data center to ensure technical autonomy and protect user data from external threats. To build community, Gan Jing World offers features such as content creation tools, hashtag events, livestreams, polls, and topic discussions. The platform empowers creators like vloggers, filmmakers, writers, artists, and storytellers to showcase their talents and connect with followers in new ways. As a global, multilingual platform, Gan Jing World aims to enable participation around the globe. The platform offers multi-language accessibility and rewards content creators worldwide, further expanding its reach and appeal to diverse audiences.
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SINGAPORE , Nov. 30, 2024 /PRNewswire/ -- Amber DWM Holding Limited ("Amber DWM"), the holding entity of Amber Group's digital wealth management business, known as Amber Premium ("Amber Premium"), today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with iClick Interactive Asia Group Limited ("iClick" or the "Listco") (NASDAQ: ICLK ) and Overlord Merger Sub Ltd. ("Merger Sub"), a Cayman Islands exempted company and a direct, wholly owned subsidiary of the Listco. Under the Merger Agreement, Merger Sub will merge with and into Amber DWM, with Amber DWM continuing as the surviving entity and becoming a wholly-owned subsidiary of the Listco (the "Merger"). Amber DWM's shareholders will exchange all of their issued and outstanding share capital for a mix of newly issued Class A and Class B ordinary shares of the Listco on the terms and conditions set forth therein in a transaction exempt from the registration requirements under the Securities Act of 1933. Wayne Huo , Chief Executive Officer and Director of Amber DWM , said: " We are thrilled to embark on this transformative journey with iClick. This merger represents a significant milestone, bringing together Amber Premium's expertise in digital wealth management and iClick's innovative marketing technology. Together, we aim to redefine the digital financial ecosystem, delivering unparalleled value to our clients and stakeholders. By bridging the worlds of blockchain, fintech and digital marketing, we are unlocking new opportunities to revolutionize how value is created and exchanged in the digital economy ." The transaction values Amber DWM at US$360 million and the Listco at US$40 million by equity value on a fully diluted basis (assuming completion of certain restructuring as set forth in the Merger Agreement). Upon closing of the Merger (the "Closing"), the Amber DWM shareholders and the Listco shareholders (including holders of ADSs) will own approximately 90% and 10%, respectively, of the outstanding shares of the combined company, or 97% and 3% voting power, respectively. The Merger Agreement also contemplates that, upon the Closing, the Listco will change its name to "Amber International Holding Limited" and adopt the tenth amended and restated memorandum and articles of association of the Listco, in each case immediately before the effective time of the Merger (the "Effective Time"), following which the authorized share capital of the Listco shall only consist of Class A ordinary shares and Class B ordinary shares (with different voting powers but equal economic rights), a par value of US$0.001 each. Please refer to the Merger Agreement filed as Exhibit 99.2 to the Form 6-K furnished by the Listco to the SEC on November 29, 2024 for more details. The Listco's board of directors (the "Board") approved the Merger Agreement and other transaction documents, including but not limited to the voting agreement entered into by and among certain shareholders of the Listco (who holds approximately 36% of the outstanding shares representing 71% voting power of the Listco as of the date of this press release), the Listco and Amber DWM (the "Voting Agreement") (collectively, the "Transaction Documents"), and the transactions contemplated thereunder (the "Transactions"), with the assistance of its financial and legal advisors. The Board also resolved to recommend that the Listco's shareholders vote to authorize and approve the Transaction Documents and the Transactions when they are submitted for shareholder approval. In connection with the Transaction, each of the shareholders of Amber DWM immediately prior to the consummation of the Merger is entering into a lock-up agreement with the Listco pursuant to which they have agreed not to transfer the shares received in consideration of the Merger for a period of 12 months following the Merger closing. The completion of the Transactions is subject to the satisfaction of closing conditions set forth in the Merger Agreement, including, among other things, receipt of the Listco's shareholder approval and regulatory/stock exchange approvals (if applicable). The Merger Agreement provides for a long-stop date for any party to terminate the agreement if the Merger is not completed by June 30, 2025 . " This merger represents a transformative opportunity to broaden our business portfolio by integrating Amber Premium's state-of-the-art digital wealth management solutions. By uniting iClick's robust data analytic and enterprise software expertise with Amber Premium's advanced digital wealth management services, we aim to unblock synergies between traditional finance and the rapidly evolving digital asset ecosystem, particularly benefitting corporate and high net worth individual clients ", said Mr. Jian Tang , Chairman, Chief Executive Officer and Co-Founder of iClick . The foregoing description of the Merger Agreement and the Voting Agreement does not purport to be complete and is qualified in its entirety to the full text of the Merger Agreement and the Voting Agreement, which are filed as Exhibits 99.2 and 99.3 to the Form 6-K furnished by the Listco to the SEC on 29, 2024, respectively. Simpson Thacher & Bartlett LLP is serving as U.S. legal counsel to Amber DWM. Cleary Gottlieb Steen & Hamilton LLP is serving as U.S. legal counsel to iClick. About Amber Premium Amber Premium, the business brand behind Amber DWM Holding Limited, is a leading digital wealth management platform offering private banking-level solutions tailored for the dynamic crypto economy. Serving a premium clientele of esteemed institutions and qualified individuals, Amber Premium develops and supports innovative digital wealth management products. Its institutional-grade access and operations makes it the top choice for one-stop digital wealth management services, providing tailored, secure solutions that drive growth in the Web3 economy. About iClick Interactive Asia Group Limited Founded in 2009, iClick Interactive Asia Group Limited (NASDAQ: ICLK ) is a renowned online marketing and enterprise solutions provider in Asia . With its leading proprietary technologies, iClick's full suite of data-driven solutions helps brands drive significant business growth and profitability throughout the full consumer lifecycle. For more information, please visit https://ir.i-click.com . Safe Harbor Statement This press release contains certain "forward-looking statements." These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the pending transactions described herein, and the parties' perspectives and expectations, are forward-looking statements. The words "will," "expect," "believe," "estimate," "intend," "plan" and similar expressions indicate forward-looking statements. Such forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management's current expectations and include known and unknown risks, uncertainties and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to: (i) risks related to the expected timing and likelihood of completion of the proposed transaction, including the risk that the transaction may not close due to one or more closing conditions to the transaction not being satisfied or waived; (ii) the occurrence of any event, change or other circumstances that could give rise to the termination of the applicable transaction agreements; (iii) the risk that there may be a material adverse change with respect to the financial position, performance, operations or prospects of the Listco, Amber DWM or the combined entity; (iv) risks related to disruption of management time from ongoing business operations due to the proposed transaction; (v) the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of the Listco's securities; (vi) the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Amber DWM or the combined entity to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally; (vii) any changes in the business or operating prospects of Amber DWM and the combined entity or their businesses; (viii) changes in applicable laws and regulations; and (ix) risks relating to Amber DWM's and the combined company's ability to enhance their services and products, execute their business strategy, expand their customer base and maintain stable relationship with their business partners. A further list and description of risks and uncertainties can be found in the proxy statement that will be filed with the SEC by the Listco in connection with the proposed transactions, and other documents that the parties may file or furnish with the SEC, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Listco, Amber DWM and their respective subsidiaries and affiliates undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation. No Offer or Solicitation This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the transactions described above and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Amber DWM, the Listco or the combined company, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom. Participants in the Solicitation The Listco, Amber DWM and their respective directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of the Listco in connection with the proposed transaction. A list of the names of such directors and executive officers and information regarding their interests in the proposed transaction will be included in the proxy statement pertaining to the proposed transaction when it becomes available for the proposed transaction. Additional Information and Where to Find It The Listco will file with the SEC and mail to its shareholders a proxy statement in connection with the proposed transaction. Investors and securityholders are urged to read the proxy statement when it becomes available because it will contain important information regarding the proposed arrangement. You may access the proxy statement (when available) and other related documents filed by the Listco with the SEC at the SEC's website at www.sec.gov . You also may obtain the proxy statement (when it is available) and other documents filed by the Listco with the SEC relating to the proposed arrangement for free by accessing the Listco's website at ir.i-click.com. SOURCE Amber GroupNone
Trump taps Charles Kushner, father of his son-in-law, as envoy to FranceFirepower Showcased At Joint Military Exercise Of Indian Army, Singapore Armed ForcesFormer Harry Potter film actor Rupert Grint faces a hefty tax bill after losing a legal battle with UK authorities. Login or signup to continue reading Grint, who played Ron Weasley in the magical film franchise, was ordered to pay 1.8 million pounds ($A3.5 million) in 2019 after HM Revenue and Customs, the United Kingdom's tax agency, investigated his tax return from seven years earlier. The agency said Grint had wrongly classed 4.5 million pounds in residuals from the movies - money from DVD sales, TV syndication, streaming rights and other sources - as a capital asset rather than income, which is subject to a much higher tax rate. Lawyers for Grint appealed but after years of wrangling a tribunal judge ruled against the actor this week. Judge Harriet Morgan said the money "derived substantially the whole of its value from the activities of Mr Grint" and "is taxable as income". Grint, 36, starred in all eight Harry Potter films between 2001 and 2011 as the boy wizard's best friend, and is calculated to have earned about 24 million pounds from the role. He previously lost a separate court battle over a 1 million pound tax refund in 2019. Australian Associated Press DAILY Today's top stories curated by our news team. Also includes evening update. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Get the latest property and development news here. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. WEEKLY Follow the Newcastle Knights in the NRL? Don't miss your weekly Knights update. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily!
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XRAY LEGAL UPDATE: A Lawsuit has been Filed Against Dentsply Sirona Inc. for Securities Fraud - Contact BFA Law before Court Deadline (NASDAQ:XRAY)