Investing.com -- Shares of Douglas Elliman Inc. (NYSE:DOUG) surged 26.2% following a Bloomberg report that the real estate brokerage, which has been grappling with legal challenges from lawsuits involving two former top agents, received a merger proposal from Anywhere Real Estate Inc. (NYSE:HOUS), potentially valuing the company at roughly double its current stock price.The report, citing source ...
Investing.com -- Fast Track Group started trading on the Nasdaq Capital Market today, with shares opening at $3.89, below the initial public offering (IPO) price of $4. The entertainment-focused event management and celebrity agency company listed its ordinary shares under the symbol "FTRK."Yesterday, Fast Track Group announced the pricing for its IPO. The company offered 3,750,000 ordinary shares ...
(Reuters) -Global equity funds have seen weekly outflows for the first time in six weeks, pressured by rising U.S. Treasury yields and mounting concerns over the U.S. debt burden and tax-cut legislation, following Moody’s downgrade of the U.S. sovereign credit rating. According to LSEG Lipper, global equity funds saw $9.4 billion in net outflows, a sharp reversal from more than $20 billion ...
By Luciana Magalhaes and Ana Mano SAO PAULO (Reuters) -Brazilian meatpacker JBS on Friday secured shareholder support for a long-planned dual listing of shares in both the United States and Brazil, boosting shares as analysts calculated a higher valuation in line with global peers. Minority shareholders at a Friday assembly in Sao Paulo delivered enough votes to approve the dual listing, according ...