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Northpointe Bancshares prices Initial Public Offering at $14.50/share

February 14, 2025 12:04 pm
Northpointe Bancshares Inc, the bank holding company for Northpointe Bank, said on Thursday that it had priced its initial public offering of 10,420,000 shares of its common stock at a price to the public of $14.50 per share. The net proceeds from the offering, after deducting underwriting discounts and commissions and estimated offering expenses, are […] Read more

GoPro announces partnership with Kimpex Powersports

February 14, 2025 9:42 am
GoPro Inc (NASDAQ: GPRO) said on Thursday that it had formed a new distribution partnership with Kimpex Powersports in Canada. Under the agreement, Kimpex will be able to provide its network of over 2,300 dealers with the full range of GoPro cameras and accessories. “Partnering with GoPro marks an exciting chapter for Kimpex and our […] Read more

Ventas increases quarterly dividend to $0.48

February 14, 2025 7:56 am
Ventas Inc (NYSE: VTR) said this week its Board of Directors had authorized a quarterly cash dividend of $0.48 per share of common stock. The latter represents an increase of 6.67% compared to the previous quarterly dividend of $0.45 per share. The dividend will be paid on April 17th to shareholders of record as of […] Read more

CRISPR Therapeutics price targets raised at TD Cowen, Truist Securities, BofA

February 13, 2025 12:18 pm
The shares of CRISPR Therapeutics AG (NASDAQ: CRSP) rose more than 9% on Wednesday, after analysts at several companies raised their price targets on the CRSP stock. TD Cowen raised its 12-month price target on CRISPR Therapeutics to $35 per share from $30 previously. The firm also upgraded the stock to “Hold” from “Sell”. Truist […] Read more

EUR/USD scales 1-week high on news of Ukraine peace talks

February 13, 2025 8:23 am
The EUR/USD currency pair scaled a one-week peak of 1.0440 on Thursday on news the US seeks to begin talks with Russia to end the Ukraine war. US President Donald Trump said yesterday that both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy expressed willingness for peace in separate phone calls with him. The […] Read more

USD/MXN gains as traders eye US CPI report

February 12, 2025 11:36 am
The USD/MXN currency pair edged higher on Wednesday ahead of the key US CPI inflation data that could provide further clues over the Federal Reserve’s monetary easing path. Annual headline consumer inflation in the US probably steadied at 2.9% in January, according to market consensus. Annual core CPI inflation probably eased to 3.1% in January. […] Read more

USD/MYR holds near 1-week high ahead of US CPI, Powell

February 12, 2025 9:34 am
The USD/MYR currency pair held not far from a one-week high of 4.4745 on Wednesday ahead of the key US CPI inflation data that could provide further clues over the Federal Reserve’s monetary easing path. Annual headline consumer inflation in the US probably steadied at 2.9% in January, according to market consensus. Annual core CPI […] Read more

Spot Gold eases from record high on slower Fed cut view

February 12, 2025 7:58 am
Spot Gold pulled back from a fresh all-time high of $2,942.78 per troy ounce on Wednesday, after Federal Reserve Chair Jerome Powell’s hawkish remarks reinforced expectations of a slower pace of monetary easing this year. Fed Chair Powell reaffirmed in the Semiannual Monetary Policy Report to the Senate committee that there was no urgency to […] Read more

Manhattan Associates Inc CEO to step down

February 11, 2025 11:36 am
Manhattan Associates Inc (NASDAQ: MANH) said on Monday that Eddie Capel, current President and CEO, would step down from his position, effective February 12th. He will remain with the company as Executive Vice-Chairman of the Board. Capel is to be succeeded by Eric Clark, who has been CEO of NTT Data North America. Capel became […] Read more

Hyatt Hotels Corp to acquire Playa Hotels & Resorts

February 11, 2025 9:48 am
Hyatt Hotels Corp (NYSE: H) said on Monday that it had entered into an agreement to acquire all outstanding shares of Playa Hotels & Resorts N.V. for nearly $2.6 billion ($13.50 per share), including about $900 million of debt, net of cash. At present, Hyatt owns 9.4% of Playa’s outstanding shares. ”Hyatt has firmly established […] Read more