Market Makers

ISS Calls on Extended Stay Shareholders to Vote for New Blackstone and Starwood Offer By Reuters

© Reuters. (Reuters) – Proxy advisor Institutional Shareholder Services has recommended shareholders of Extended Stay America (NASDAQ 🙂 vote for Blackstone Group (NYSE 🙂 and the takeover bid for Starwood Capital, the company said on Friday. hotel operator. ISS, which previously opposed the $ 6 billion deal on valuation grounds, …

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AMC is a puppet of the options market

This article is an on-site version of the Unhedged newsletter. Subscribe here To send a newsletter directly to your inbox on weekdays Hello. After yesterday’s unsuccessful attempt to rationalize the behavior of AMC’s investors, I bow today to mad speculators, especially those who trade options. Maybe rationality will come back …

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Gordon Brothers grants Moda Operandi $ 13 million term loan

Boston, June 03, 2021 (GLOBE NEWSWIRE) – Gordon Brothers, the global advisory, restructuring and investment firm, has partnered with investment bank Consensus to provide a $ 13 million term loan to Moda Operandi in order to support the sale of his business. “It was remarkable working with the Gordon Brothers …

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Retailer favorite AMC soars on option buying, entices investors with free popcorn

Shares of AMC Entertainment Holdings Inc (AMC.N) more than doubled to record highs on Wednesday, continuing a breathtaking rally fueled in part by heavy options trading, as the operator of the movie chain made promoting free popcorn to investors. Shares jumped 97.3% to $ 63.23, after hitting a high of …

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China Market Exchange Rate – June 2

BEIJING, June 2 (Xinhua) – Here are the central parity rates of the Chinese currency renminbi, or yuan, against the 24 major currencies announced by the Chinese Foreign Exchange System on Wednesday: Currency Unit Central parity rate in yuan 100 637.73 USD 100,779.05 euros Japanese yen 100 5.8248 Hong Kong …

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France to create € 3 billion business support fund, minister says By Reuters

© Reuters. FILE PHOTO: French Economy and Finance Minister Bruno Le Maire visits a cafe as preparations for the reopening of restaurants and bars in Paris as part of an easing of restrictions on the country’s lockdown in the middle of the coronavirus disease (COVID-19) epidemic PARIS (Reuters) – France …

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Dubai plans emissions-free public transport by 2050 By Reuters

© Reuters. FILE PHOTO: An aerial view of Dubai from Burj Khalifa, the tallest building in the world, in Dubai on November 19, 2014. REUTERS / Ahmed Jadallah / File Photo DUBAI (Reuters) – Dubai plans to make the emirate’s public transport emissions-free by 2050, the government’s media office said …

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US mask makers struggle to survive as China floods market with cheap equipment

A US company that produced masks and protective gear during a novel coronavirus pandemic is on the verge of bankruptcy following a sharp drop in sales due to imports from China. Industry experts point out that the prices of Chinese products are so low that it is almost impossible for …

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India reports 3,460 more deaths from COVID-19, more than 165,000 new infections By Reuters

© Reuters. FILE PHOTO: A doctor inspects a patient with coronavirus disease (COVID-19) inside the classroom transformed into a COVID-19 care facility on the outskirts of Mumbai, India, May 24, 2021 . REUTERS / Francis Mascarenhas MUMBAI (Reuters) – India on Sunday reported its lowest daily increase in new coronavirus …

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DeFi Against Crypto Market Correction As Uniswap v3 Leads The Charge

The decentralized exchange Uniswap successfully launched version 3 of its platform in May, resulting in high trading volumes despite a downturn in the cryptocurrency markets. The latest version of the hugely popular Automated Market Maker (AMM) of Decentralized Finance (DeFi) quickly attracted a significant volume of transactions, seeing it entering …

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