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- cjgohcjgoh
  ·2023-02-28
  Buy AMC AMC AMC to da moon!
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- cjgohcjgoh
  ·2022-11-04
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- cjgohcjgoh
  ·2022-09-30
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  It's the Worst September for Stocks Since 2008. What That Means for October
  September is traditionally the toughest month for stocks, but this one is shaping up to be the worst
  It's the Worst September for Stocks Since 2008. What That Means for October
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- cjgohcjgoh
  ·2022-09-30
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  SATS Share Price Tumbles Amid S$1.64 Billion Acquisition: 5 Things Investors Need to Know
  SATS Ltd(SGX: S58) saw its share price plunge by 20% this morning to a two-year low of S$3.08.The fo
  SATS Share Price Tumbles Amid S$1.64 Billion Acquisition: 5 Things Investors Need to Know
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- cjgohcjgoh
  ·2022-09-30
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  3 Hospitality REITs Set To Benefit From Singapore’s Formula One Night Race
  Have you noticed that the roads near City Hall, Suntec city, and the Padang are starting to be fille
  3 Hospitality REITs Set To Benefit From Singapore’s Formula One Night Race
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- cjgohcjgoh
  ·2022-09-30
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- cjgohcjgoh
  ·2022-05-20
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  Tesla Loses Top Spot in Cathie Wood’s Flagship Fund
  Tesla Inc. has lost its crown jewel status in Cathie Wood’s main fund for the first time in about fo
  Tesla Loses Top Spot in Cathie Wood’s Flagship Fund
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- cjgohcjgoh
  ·2022-05-20
  Ctr r h lo oRazed☺️🤣😃😀😊😗☺️💹💹🈯️ m b⭕️
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- cjgohcjgoh
  ·2022-05-11
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  Roblox Shares Slid 3% in Premarket Trading
  Roblox missed estimates for quarterly bookings, as demand for its online games waned with kids returning to school.
  Roblox Shares Slid 3% in Premarket Trading
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- cjgohcjgoh
  ·2021-09-01
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  Toplines Before US Market Open on Friday
  U.S. stock index futures inched higher on Friday ahead of Federal Reserve Chair Jerome Powell's spee
  Toplines Before US Market Open on Friday
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Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1664547789,"share":"https://ttm.financial/m/news/2271709824?lang=&edition=fundamental","pubTime":"2022-09-30 22:23","market":"us","language":"en","title":"It's the Worst September for Stocks Since 2008. What That Means for October","url":"https://stock-news.laohu8.com/highlight/detail?id=2271709824","media":"Dow Jones","summary":"September is traditionally the toughest month for stocks, but this one is shaping up to be the worst","content":"<html><head></head><body><p>September is traditionally the toughest month for stocks, but this one is shaping up to be the worst since 2008, during the bleak days of the financial crisis. Seasonally inclined investors may wonder what that means for October.</p><p>Dow Jones Market Data took a look at how equities have done in the wake of past particularly brutal Septembers.</p><p>But first, how does the current month stack up? The S&amp;P 500 , down 7.95%, and the Nasdaq Composite , down 9.1%, are on track for their worst September performances since 2008. The Dow Jones Industrial Average , down 7.25%, is set for its worst September since 2002.</p><p>Dow Jones Market Data found that in Octobers that follow a 7% or larger fall in September, the S&amp;P 500 rises 0.53% on average in October and sees a median gain of 1.81%. That&#39;s better than the average for all Octobers at 0.47% and the median at 1.03%. October is positive in years following an outsize September loss 54.55% of the time, versus 57.45% for all Octobers (see table below).</p><p><img src=\"https://static.tigerbbs.com/c43e07f1f659b2882134f42429947cfe\" tg-width=\"969\" tg-height=\"381\" referrerpolicy=\"no-referrer\"/></p><p>Dow Jones Market Data found that in Octobers following a September drop of 7% or more, the Dow has seen an average fall of 1.51% and a median drop of 1.46%. That compares with an average rise of 0.37% for all Octobers and a median gain of 0.79%. The S&amp;P 500 has risen 46.15% of the time in Octobers that follow a 7% or more September decline, versus a rise 57.6% of the time for all Octobers (see table below).</p><p><img src=\"https://static.tigerbbs.com/945f6d5ddd8c5b5467d635e5b6c4e20c\" tg-width=\"970\" tg-height=\"395\" referrerpolicy=\"no-referrer\"/></p><p>And here are the numbers for the Nasdaq in October following a September drop of 9% or more:</p><p><img src=\"https://static.tigerbbs.com/f65f1f69f6ba3301590c567882d42c1d\" tg-width=\"962\" tg-height=\"338\" referrerpolicy=\"no-referrer\"/></p><p>Since 1950, September has been the worst performing month of the year for the Dow Jones Industrial Average, S&amp;P 500 and Russell 1000 and the worst for the Nasdaq Composite since 1971 and the small-cap Russell 2000 since 1979, according to the Stock Trader&#39;s Almanac.</p><p>The Dow&#39;s September drop is shaping up to be its biggest monthly decline of 2022. September&#39;s drop for the S&amp;P 500, however, is on track to be the worst monthly decline since June, when it fell 8.4%, according to FactSet. The S&amp;P 500 dropped 8.8% in April. The Nasdaq saw a fall of more than 13% in April.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>It's the Worst September for Stocks Since 2008. What That Means for October</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIt's the Worst September for Stocks Since 2008. What That Means for October\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-30 22:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>September is traditionally the toughest month for stocks, but this one is shaping up to be the worst since 2008, during the bleak days of the financial crisis. Seasonally inclined investors may wonder what that means for October.</p><p>Dow Jones Market Data took a look at how equities have done in the wake of past particularly brutal Septembers.</p><p>But first, how does the current month stack up? The S&amp;P 500 , down 7.95%, and the Nasdaq Composite , down 9.1%, are on track for their worst September performances since 2008. The Dow Jones Industrial Average , down 7.25%, is set for its worst September since 2002.</p><p>Dow Jones Market Data found that in Octobers that follow a 7% or larger fall in September, the S&amp;P 500 rises 0.53% on average in October and sees a median gain of 1.81%. That&#39;s better than the average for all Octobers at 0.47% and the median at 1.03%. October is positive in years following an outsize September loss 54.55% of the time, versus 57.45% for all Octobers (see table below).</p><p><img src=\"https://static.tigerbbs.com/c43e07f1f659b2882134f42429947cfe\" tg-width=\"969\" tg-height=\"381\" referrerpolicy=\"no-referrer\"/></p><p>Dow Jones Market Data found that in Octobers following a September drop of 7% or more, the Dow has seen an average fall of 1.51% and a median drop of 1.46%. That compares with an average rise of 0.37% for all Octobers and a median gain of 0.79%. The S&amp;P 500 has risen 46.15% of the time in Octobers that follow a 7% or more September decline, versus a rise 57.6% of the time for all Octobers (see table below).</p><p><img src=\"https://static.tigerbbs.com/945f6d5ddd8c5b5467d635e5b6c4e20c\" tg-width=\"970\" tg-height=\"395\" referrerpolicy=\"no-referrer\"/></p><p>And here are the numbers for the Nasdaq in October following a September drop of 9% or more:</p><p><img src=\"https://static.tigerbbs.com/f65f1f69f6ba3301590c567882d42c1d\" tg-width=\"962\" tg-height=\"338\" referrerpolicy=\"no-referrer\"/></p><p>Since 1950, September has been the worst performing month of the year for the Dow Jones Industrial Average, S&amp;P 500 and Russell 1000 and the worst for the Nasdaq Composite since 1971 and the small-cap Russell 2000 since 1979, according to the Stock Trader&#39;s Almanac.</p><p>The Dow&#39;s September drop is shaping up to be its biggest monthly decline of 2022. September&#39;s drop for the S&amp;P 500, however, is on track to be the worst monthly decline since June, when it fell 8.4%, according to FactSet. The S&amp;P 500 dropped 8.8% in April. The Nasdaq saw a fall of more than 13% in April.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF",".DJI":"道琼斯","DOG":"道指反向ETF","OEX":"标普100",".SPX":"S&P 500 Index","BK4581":"高盛持仓","UPRO":"三倍做多标普500ETF","UDOW":"道指三倍做多ETF-ProShares","SH":"标普500反向ETF","BK4504":"桥水持仓","OEF":"标普100指数ETF-iShares","IVV":"标普500指数ETF","BK4559":"巴菲特持仓","SSO":"两倍做多标普500ETF","BK4550":"红杉资本持仓","DJX":"1/100道琼斯","SPXU":"三倍做空标普500ETF","DXD":"道指两倍做空ETF","BK4534":"瑞士信贷持仓","SPY":"标普500ETF","SDOW":"道指三倍做空ETF-ProShares","DDM":"道指两倍做多ETF","SDS":"两倍做空标普500ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2271709824","content_text":"September is traditionally the toughest month for stocks, but this one is shaping up to be the worst since 2008, during the bleak days of the financial crisis. Seasonally inclined investors may wonder what that means for October.Dow Jones Market Data took a look at how equities have done in the wake of past particularly brutal Septembers.But first, how does the current month stack up? The S&P 500 , down 7.95%, and the Nasdaq Composite , down 9.1%, are on track for their worst September performances since 2008. The Dow Jones Industrial Average , down 7.25%, is set for its worst September since 2002.Dow Jones Market Data found that in Octobers that follow a 7% or larger fall in September, the S&P 500 rises 0.53% on average in October and sees a median gain of 1.81%. That's better than the average for all Octobers at 0.47% and the median at 1.03%. October is positive in years following an outsize September loss 54.55% of the time, versus 57.45% for all Octobers (see table below).Dow Jones Market Data found that in Octobers following a September drop of 7% or more, the Dow has seen an average fall of 1.51% and a median drop of 1.46%. That compares with an average rise of 0.37% for all Octobers and a median gain of 0.79%. The S&P 500 has risen 46.15% of the time in Octobers that follow a 7% or more September decline, versus a rise 57.6% of the time for all Octobers (see table below).And here are the numbers for the Nasdaq in October following a September drop of 9% or more:Since 1950, September has been the worst performing month of the year for the Dow Jones Industrial Average, S&P 500 and Russell 1000 and the worst for the Nasdaq Composite since 1971 and the small-cap Russell 2000 since 1979, according to the Stock Trader's Almanac.The Dow's September drop is shaping up to be its biggest monthly decline of 2022. September's drop for the S&P 500, however, is on track to be the worst monthly decline since June, when it fell 8.4%, according to FactSet. The S&P 500 dropped 8.8% in April. The Nasdaq saw a fall of more than 13% in April.","news_type":1},"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916317543,"gmtCreate":1664510037682,"gmtModify":1676537468922,"author":{"id":"3580760788321373","authorId":"3580760788321373","name":"cjgoh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580760788321373","authorIdStr":"3580760788321373"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916317543","repostId":"1133487451","repostType":4,"repost":{"id":"1133487451","pubTimestamp":1664504416,"share":"https://ttm.financial/m/news/1133487451?lang=&edition=fundamental","pubTime":"2022-09-30 10:20","market":"sg","language":"en","title":"SATS Share Price Tumbles Amid S$1.64 Billion Acquisition: 5 Things Investors Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1133487451","media":"The Smart Investor","summary":"SATS Ltd(SGX: S58) saw its share price plunge by 20% this morning to a two-year low of S$3.08.The fo","content":"<html><head></head><body><p><b>SATS Ltd</b>(SGX: S58) saw its share price plunge by 20% this morning to a two-year low of S$3.08.</p><p>The food caterer has stunned the market by announcing a major acquisition – that of privately-owned Worldwide Flight Services (WFS) for nearly S$1.64 billion.</p><p>Prior to the announcement, the group was enjoying a strong recovery with the reopening of borders and the resumption of air travel.</p><p>The airline ground handler also reported an improved set of earnings for its fiscal 2022 ending 31 March 2022, with core net loss reduced by more than half to S$8.5 million.</p><p>On the positive side, this transaction will propel SATS into the big league and substantially enhance its revenue and earnings profile.</p><p>After enduring two years of pandemic-related challenges, the group is seeking a transformational acquisition.</p><p>Yet, the market does not seem impressed.</p><p>Here are five things that investors need to know about SATS’ acquisition.</p><p><b>1. A leader in the air cargo sector</b></p><p>WFS comes with impressive credentials.</p><p>The company is the number one player in North America and Europe for air cargo handling, with 114 cargo stations and more than 800,000 square metres of warehouse space.</p><p>What’s more, WFS’s network is complementary to SATS with minimal overlap.</p><p>SATS has a presence mainly in the Asia-Pacific region while WFS handles European and US cargo, and the acquisition will provide the combined group with comprehensive global coverage.</p><p>WFS also enjoys a contract renewal rate higher than 90%, implying that it has sticky customers that remain loyal to the company.</p><p>Revenue for WFS has also increased by 6% per annum from fiscal 2018 (FY2018) through to FY2021 to hit S$2.6 billion, boosted by two acquisitions.</p><p><b>2. Strong infrastructure with a blue-chip customer base</b></p><p>WFS also boasts a strong infrastructure with an established portfolio of around 170 on-airport lease warehouses.</p><p>The company offers multi-station solutions with access to key hubs that are supported by a global network.</p><p>In addition, WFS has a platform to support ongoing growth in its warehouse space, with the capacity expansion taking place over the last few years through acquisitions and organic growth.</p><p><img src=\"https://static.tigerbbs.com/a6ca51364e9e5515cf95ca5cdca2f8d0\" tg-width=\"1428\" tg-height=\"785\" width=\"100%\" height=\"auto\"/>Source: SATS-WFS Acquisition Presentation Slides</p><p>The slide above shows WFS’ customer mix which consists of many blue-chip airlines such as <b>American Airlines</b>(NASDAQ: AAL), Qatar Airways, and<b>Air France KLM SA</b>(EPA: AF).</p><p>Around a quarter of WFS’ revenue comes from its top five customers, with the bulk (64%) coming from a range of different customers.</p><p>The company also works with integrators and freight forwarders such as <b>United Parcel Service</b>(NYSE: UPS), <b>DHL</b>(ETR: DPW), and <b>Amazon</b>(NASDAQ: AMZN).</p><p><b>3. Creating a global powerhouse</b></p><p>This acquisition will create a global powerhouse with SATS and WFS combining their expertise and cargo stations.</p><p>Once the transaction concludes, the new entity will have a total of 135 cargo stations around the world handling around nine million tonnes of cargo volume.</p><p>SATS will leapfrog to the number one position, putting it ahead of Swissport with 92 cargo stations handling around five million tonnes of cargo.</p><p>There will also be cross-selling opportunities across the new, expanded customer base and the larger entity can also accelerate cargo automation to achieve better synergies.</p><p><b>4. Increased diversification and a strong boost to earnings</b></p><p>The acquisition is beneficial to SATS as it helps to diversify its geographic exposure.</p><p>For FY2022, around 85% of its revenue came from Singapore.</p><p>By FY2025 and with the purchase of WFS, Asia will contribute around 45% of revenue, with the Americas making up 30% and EMEA (Europe, Middle East and Africa) taking up the remaining 25%.</p><p>SATS can also enjoy better business segment diversification as slightly more than half (55%) of its FY2022 revenue came from food solutions.</p><p>Post-acquisition, it projects that food solutions will make up less than one-third of revenue by FY2025, with half of the group’s revenue coming from cargo instead.</p><p>The acquisition will also deliver an immediate positive financial impact.</p><p>Revenue is set to more than triple from S$1.2 billion in FY2022 to S$3.8 billion, while net profit will jump from S$1.8 billion to S$3.2 billion.</p><p><b>5. Acquisition funded by equity</b></p><p>Now that you know what SATS is getting, the question that remains is its price tag.</p><p>SATS intends to fund the acquisition purely through equity and internal cash flows.</p><p>The group has signalled its intention for an equity fundraising exercise to raise S$1.7 billion, and the plan will assume all of WFS’ debt of around S$1.7 billion.</p><p>Once consolidated, SATS will see its debt-to-equity ratio jump from the current 46% to 71%, with its net debt to EBITDA (earnings before interest, taxes, depreciation and amortisation) soaring from 0.5 times to 3.4 times.</p><p>Details of the fundraising have yet to be determined but may comprise a renounceable rights issue to existing SATS’ shareholders along with a private placement to institutional investors.</p><p>An extraordinary general meeting will be convened in early 2023 to vote on this major acquisition.</p><p>Temasek Holdings, which owns around 40% of SATS, has agreed to vote in favour, thus throwing its weight behind this transformative acquisition.</p><p>However, investors should note that with SATS’ increased debt load, it may take a while before it can resume paying out a dividend.</p><p></p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SATS Share Price Tumbles Amid S$1.64 Billion Acquisition: 5 Things Investors Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSATS Share Price Tumbles Amid S$1.64 Billion Acquisition: 5 Things Investors Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-30 10:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/sats-share-price-tumbles-amid-s1-64-billion-acquisition-5-things-investors-need-to-know/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SATS Ltd(SGX: S58) saw its share price plunge by 20% this morning to a two-year low of S$3.08.The food caterer has stunned the market by announcing a major acquisition – that of privately-owned ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/sats-share-price-tumbles-amid-s1-64-billion-acquisition-5-things-investors-need-to-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SATS":"回声星通信"},"source_url":"https://thesmartinvestor.com.sg/sats-share-price-tumbles-amid-s1-64-billion-acquisition-5-things-investors-need-to-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133487451","content_text":"SATS Ltd(SGX: S58) saw its share price plunge by 20% this morning to a two-year low of S$3.08.The food caterer has stunned the market by announcing a major acquisition – that of privately-owned Worldwide Flight Services (WFS) for nearly S$1.64 billion.Prior to the announcement, the group was enjoying a strong recovery with the reopening of borders and the resumption of air travel.The airline ground handler also reported an improved set of earnings for its fiscal 2022 ending 31 March 2022, with core net loss reduced by more than half to S$8.5 million.On the positive side, this transaction will propel SATS into the big league and substantially enhance its revenue and earnings profile.After enduring two years of pandemic-related challenges, the group is seeking a transformational acquisition.Yet, the market does not seem impressed.Here are five things that investors need to know about SATS’ acquisition.1. A leader in the air cargo sectorWFS comes with impressive credentials.The company is the number one player in North America and Europe for air cargo handling, with 114 cargo stations and more than 800,000 square metres of warehouse space.What’s more, WFS’s network is complementary to SATS with minimal overlap.SATS has a presence mainly in the Asia-Pacific region while WFS handles European and US cargo, and the acquisition will provide the combined group with comprehensive global coverage.WFS also enjoys a contract renewal rate higher than 90%, implying that it has sticky customers that remain loyal to the company.Revenue for WFS has also increased by 6% per annum from fiscal 2018 (FY2018) through to FY2021 to hit S$2.6 billion, boosted by two acquisitions.2. Strong infrastructure with a blue-chip customer baseWFS also boasts a strong infrastructure with an established portfolio of around 170 on-airport lease warehouses.The company offers multi-station solutions with access to key hubs that are supported by a global network.In addition, WFS has a platform to support ongoing growth in its warehouse space, with the capacity expansion taking place over the last few years through acquisitions and organic growth.Source: SATS-WFS Acquisition Presentation SlidesThe slide above shows WFS’ customer mix which consists of many blue-chip airlines such as American Airlines(NASDAQ: AAL), Qatar Airways, andAir France KLM SA(EPA: AF).Around a quarter of WFS’ revenue comes from its top five customers, with the bulk (64%) coming from a range of different customers.The company also works with integrators and freight forwarders such as United Parcel Service(NYSE: UPS), DHL(ETR: DPW), and Amazon(NASDAQ: AMZN).3. Creating a global powerhouseThis acquisition will create a global powerhouse with SATS and WFS combining their expertise and cargo stations.Once the transaction concludes, the new entity will have a total of 135 cargo stations around the world handling around nine million tonnes of cargo volume.SATS will leapfrog to the number one position, putting it ahead of Swissport with 92 cargo stations handling around five million tonnes of cargo.There will also be cross-selling opportunities across the new, expanded customer base and the larger entity can also accelerate cargo automation to achieve better synergies.4. Increased diversification and a strong boost to earningsThe acquisition is beneficial to SATS as it helps to diversify its geographic exposure.For FY2022, around 85% of its revenue came from Singapore.By FY2025 and with the purchase of WFS, Asia will contribute around 45% of revenue, with the Americas making up 30% and EMEA (Europe, Middle East and Africa) taking up the remaining 25%.SATS can also enjoy better business segment diversification as slightly more than half (55%) of its FY2022 revenue came from food solutions.Post-acquisition, it projects that food solutions will make up less than one-third of revenue by FY2025, with half of the group’s revenue coming from cargo instead.The acquisition will also deliver an immediate positive financial impact.Revenue is set to more than triple from S$1.2 billion in FY2022 to S$3.8 billion, while net profit will jump from S$1.8 billion to S$3.2 billion.5. Acquisition funded by equityNow that you know what SATS is getting, the question that remains is its price tag.SATS intends to fund the acquisition purely through equity and internal cash flows.The group has signalled its intention for an equity fundraising exercise to raise S$1.7 billion, and the plan will assume all of WFS’ debt of around S$1.7 billion.Once consolidated, SATS will see its debt-to-equity ratio jump from the current 46% to 71%, with its net debt to EBITDA (earnings before interest, taxes, depreciation and amortisation) soaring from 0.5 times to 3.4 times.Details of the fundraising have yet to be determined but may comprise a renounceable rights issue to existing SATS’ shareholders along with a private placement to institutional investors.An extraordinary general meeting will be convened in early 2023 to vote on this major acquisition.Temasek Holdings, which owns around 40% of SATS, has agreed to vote in favour, thus throwing its weight behind this transformative acquisition.However, investors should note that with SATS’ increased debt load, it may take a while before it can resume paying out a dividend.","news_type":1},"isVote":1,"tweetType":1,"viewCount":456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916317332,"gmtCreate":1664509960727,"gmtModify":1676537468905,"author":{"id":"3580760788321373","authorId":"3580760788321373","name":"cjgoh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580760788321373","authorIdStr":"3580760788321373"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9916317332","repostId":"1164416225","repostType":4,"repost":{"id":"1164416225","pubTimestamp":1664502841,"share":"https://ttm.financial/m/news/1164416225?lang=&edition=fundamental","pubTime":"2022-09-30 09:54","market":"sg","language":"en","title":"3 Hospitality REITs Set To Benefit From Singapore’s Formula One Night Race","url":"https://stock-news.laohu8.com/highlight/detail?id=1164416225","media":"The Smart Investor","summary":"Have you noticed that the roads near City Hall, Suntec city, and the Padang are starting to be fille","content":"<html><head></head><body><p>Have you noticed that the roads near City Hall, Suntec city, and the Padang are starting to be filled with standee seats?</p><p>The Formula One Grand Prix, or F1, is coming back with a bang at the end of September.</p><p>Unsurprisingly, a lot of hype has been built around this event as this is the first time F1 is being held since 2019.</p><p>F1 is expected to bring in a crowd of more than 300,000 spectators. It is set to see its highest attendance since the race first began in 2008.</p><p>Within the period where the F1 race will take place, around 25 MICE (Meetings, Incentives, Conventions and Exhibitions) events will also be taking place.</p><p>An expected crowd of 90,000 delegates will be attending these events.</p><p>Prior to F1, the Singapore Tourism Board reported that Singapore already registered visitor arrivals’ growth for the seventh straight month in August.</p><p>With this influx of tourists from more inbound flights, the hospitality sector will naturally benefit from this tailwind.</p><p>Let’s take a look at three hospitality REITswith Singapore assets that should benefit strongly from this trend.</p><p><b>CDL Hospitality Trusts (SGX: J85)</b></p><p>CDL Hospitality Trusts, or CDLHT, is one of Asia’s leading hospitality trusts with a S$2.9 billion portfolio of 19 operational properties (including a total of 4,821 rooms and a retail mall), and one build-to-rent project in the pipeline with 352 apartment units.</p><p>In Singapore alone, CDLHT has a total of seven properties, of which six are hotels and one is a lifestyle mall (Claymore Connect) that has direct access to Orchard Hotel.</p><p>CDLHT’s total rooms from its six Singapore hotels stood at 2,556, more than half of its total number of hotel rooms.</p><p>Based on net property income (NPI), Singapore’s share takes up more than 50% of CDLHT’s total NPI.</p><p>In case you were wondering, the hotels are Orchard Hotel, Grand Copthorne Waterfront Hotel, M Hotel, Copthorne King’s Hotel, Studio M Hotel, and W Singapore at Sentosa Cove.</p><p>In 1H2022, CDLHT’s results showed the effects of the reopening theme seen across many major economies.</p><p>1H2022 revenue grew 49% year on year to S$98.6 million, while NPI grew 37.8% year on year to S$51 million, driven by higher contributions from its Singapore Hotels, Maldives Resorts and UK Hotels.</p><p>Among its hotel properties, Singapore’s revenue per average room (RevPAR) was the region that saw the highest year on year increase.</p><p>RevPAR rose 72.1% to S$123 in 1H2022.</p><p>As a result of the stronger numbers, distribution per stapled security (DPSS) rose 67.2% year on year to S$0.0204 in 1H2022.</p><p>At a unit price of S$1.27, CDLHT has a trailing dividend yield of 4%.</p><p><b>Far East Hospitality Trust (SGX: Q5T)</b></p><p>Far East Hospitality Trust, or FEHT, is a hospitality stapled group comprising Far East H-REIT and Far East H-Business Trust.</p><p>The former is a Singapore-based real estate investment trust that invests in hospitality assets, while the latter owns nine hotels and three serviced residences.</p><p>FEHT’s sponsor is part of the Far East Organisation group of companies, which is also the largest private property developer in Singapore.</p><p>FEHT’s hotels segment accounted for about 70% of its total revenue for 1H2022, while the remaining came from services residences and commercial premises.</p><p><img src=\"https://static.tigerbbs.com/d88e2903d967b3f8493d92bb7cb7542a\" tg-width=\"878\" tg-height=\"562\" width=\"100%\" height=\"auto\"/><i>Source: FEHT 1H2022 results presentation, revenue breakdown</i></p><p>In 1H2022, FEHT reported a 1.4% year on year decline in revenue to S$41 million, largely due to the divestment of Central Square on 24 March 2022.</p><p>NPI for 1H2022 rose 3.5% to S$37.5 million.</p><p>As a result of the divestment gain from Central Square, lower finance costs, and higher net property income, DPSS grew 41% year on year to S$0.0154.</p><p>At a unit price of S$0.61, FEHT has a trailing dividend yield of 5%.</p><p><b>Frasers Hospitality Trust (SGX: ACV)</b></p><p>Frasers Hospitality Trust, or FHT, is a global hotel and serviced residence trust that manages a quality portfolio of 14 properties in prime locations across nine key cities.</p><p>Its properties are spread out in prime locations across nine key cities in Asia, Australia, and Europe. Geographically, Singapore contributes 26% of FHT’s net property income.</p><p><img src=\"https://static.tigerbbs.com/76e3a4f32fa7cf9387b4c0300113bfaa\" tg-width=\"922\" tg-height=\"576\" width=\"100%\" height=\"auto\"/><i>Source: FHT 1H2022 results in</i> <i>presentation, NPI % breakdown</i></p><p>In Singapore, FHT has two properties near the heart of the city, Fraser Suites Singapore, and Intercontinental Singapore.</p><p>Together, they have a total of 661 rooms.</p><p>Recently, FHT surprised many market observers over its failed privatisation attempt.</p><p>The cash offer of S$0.70 per stapled security, issued by sponsor <b>Frasers Property Limited</b>(SGX: TQ5), was at a seven percent premium to its net asset value.</p><p>At a unit price of S$0.53, the cash offer represents a 32% premium.</p><p>The minority unitholders felt that the offer wasn’t attractive with borders reopening, as there will be a resurgence in the hospitality sector.</p><p>FHT’s 1H2022 revenue rose 10.4% year on year to S$44.1 million, while NPI rose 18.4% year on year to S$31.7 million.</p><p>This was mostly attributable to an improved operating environment (i.e. the reopening theme).</p><p>DPSS increased close to a fourfold year on year to S$0.007039, largely due to lowered property tax expenses, lower assessed annual values of Singapore properties and lower impairment of receivables.</p><p>In FHT’s 3Q2022 business update, it’s also evident that all its properties are experiencing higher RevPAR, with Europe leading the way and Asia following closely behind.</p><p>At a unit price of S$0.50, FHT has a trailing dividend yield of 3.02%.</p><p><b>Final Thoughts</b></p><p>The reopening theme is just the tip of the iceberg.</p><p>A full recovery is imminent in the months to follow and the hospitality sector should see increased visitor numbers, thus lifting the fortunes for all the players.</p><p>Spotting this trend and the companies that may benefit from it continue to be what we diligently do as investors.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hospitality REITs Set To Benefit From Singapore’s Formula One Night Race</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hospitality REITs Set To Benefit From Singapore’s Formula One Night Race\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-30 09:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/3-hospitality-reits-set-to-benefit-from-singapores-formula-one-night-race/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Have you noticed that the roads near City Hall, Suntec city, and the Padang are starting to be filled with standee seats?The Formula One Grand Prix, or F1, is coming back with a bang at the end of ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/3-hospitality-reits-set-to-benefit-from-singapores-formula-one-night-race/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"J85.SI":"城市酒店信托","ACV.SI":"辉盛国际信托","Q5T.SI":"远东酒店信托"},"source_url":"https://thesmartinvestor.com.sg/3-hospitality-reits-set-to-benefit-from-singapores-formula-one-night-race/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164416225","content_text":"Have you noticed that the roads near City Hall, Suntec city, and the Padang are starting to be filled with standee seats?The Formula One Grand Prix, or F1, is coming back with a bang at the end of September.Unsurprisingly, a lot of hype has been built around this event as this is the first time F1 is being held since 2019.F1 is expected to bring in a crowd of more than 300,000 spectators. It is set to see its highest attendance since the race first began in 2008.Within the period where the F1 race will take place, around 25 MICE (Meetings, Incentives, Conventions and Exhibitions) events will also be taking place.An expected crowd of 90,000 delegates will be attending these events.Prior to F1, the Singapore Tourism Board reported that Singapore already registered visitor arrivals’ growth for the seventh straight month in August.With this influx of tourists from more inbound flights, the hospitality sector will naturally benefit from this tailwind.Let’s take a look at three hospitality REITswith Singapore assets that should benefit strongly from this trend.CDL Hospitality Trusts (SGX: J85)CDL Hospitality Trusts, or CDLHT, is one of Asia’s leading hospitality trusts with a S$2.9 billion portfolio of 19 operational properties (including a total of 4,821 rooms and a retail mall), and one build-to-rent project in the pipeline with 352 apartment units.In Singapore alone, CDLHT has a total of seven properties, of which six are hotels and one is a lifestyle mall (Claymore Connect) that has direct access to Orchard Hotel.CDLHT’s total rooms from its six Singapore hotels stood at 2,556, more than half of its total number of hotel rooms.Based on net property income (NPI), Singapore’s share takes up more than 50% of CDLHT’s total NPI.In case you were wondering, the hotels are Orchard Hotel, Grand Copthorne Waterfront Hotel, M Hotel, Copthorne King’s Hotel, Studio M Hotel, and W Singapore at Sentosa Cove.In 1H2022, CDLHT’s results showed the effects of the reopening theme seen across many major economies.1H2022 revenue grew 49% year on year to S$98.6 million, while NPI grew 37.8% year on year to S$51 million, driven by higher contributions from its Singapore Hotels, Maldives Resorts and UK Hotels.Among its hotel properties, Singapore’s revenue per average room (RevPAR) was the region that saw the highest year on year increase.RevPAR rose 72.1% to S$123 in 1H2022.As a result of the stronger numbers, distribution per stapled security (DPSS) rose 67.2% year on year to S$0.0204 in 1H2022.At a unit price of S$1.27, CDLHT has a trailing dividend yield of 4%.Far East Hospitality Trust (SGX: Q5T)Far East Hospitality Trust, or FEHT, is a hospitality stapled group comprising Far East H-REIT and Far East H-Business Trust.The former is a Singapore-based real estate investment trust that invests in hospitality assets, while the latter owns nine hotels and three serviced residences.FEHT’s sponsor is part of the Far East Organisation group of companies, which is also the largest private property developer in Singapore.FEHT’s hotels segment accounted for about 70% of its total revenue for 1H2022, while the remaining came from services residences and commercial premises.Source: FEHT 1H2022 results presentation, revenue breakdownIn 1H2022, FEHT reported a 1.4% year on year decline in revenue to S$41 million, largely due to the divestment of Central Square on 24 March 2022.NPI for 1H2022 rose 3.5% to S$37.5 million.As a result of the divestment gain from Central Square, lower finance costs, and higher net property income, DPSS grew 41% year on year to S$0.0154.At a unit price of S$0.61, FEHT has a trailing dividend yield of 5%.Frasers Hospitality Trust (SGX: ACV)Frasers Hospitality Trust, or FHT, is a global hotel and serviced residence trust that manages a quality portfolio of 14 properties in prime locations across nine key cities.Its properties are spread out in prime locations across nine key cities in Asia, Australia, and Europe. Geographically, Singapore contributes 26% of FHT’s net property income.Source: FHT 1H2022 results in presentation, NPI % breakdownIn Singapore, FHT has two properties near the heart of the city, Fraser Suites Singapore, and Intercontinental Singapore.Together, they have a total of 661 rooms.Recently, FHT surprised many market observers over its failed privatisation attempt.The cash offer of S$0.70 per stapled security, issued by sponsor Frasers Property Limited(SGX: TQ5), was at a seven percent premium to its net asset value.At a unit price of S$0.53, the cash offer represents a 32% premium.The minority unitholders felt that the offer wasn’t attractive with borders reopening, as there will be a resurgence in the hospitality sector.FHT’s 1H2022 revenue rose 10.4% year on year to S$44.1 million, while NPI rose 18.4% year on year to S$31.7 million.This was mostly attributable to an improved operating environment (i.e. the reopening theme).DPSS increased close to a fourfold year on year to S$0.007039, largely due to lowered property tax expenses, lower assessed annual values of Singapore properties and lower impairment of receivables.In FHT’s 3Q2022 business update, it’s also evident that all its properties are experiencing higher RevPAR, with Europe leading the way and Asia following closely behind.At a unit price of S$0.50, FHT has a trailing dividend yield of 3.02%.Final ThoughtsThe reopening theme is just the tip of the iceberg.A full recovery is imminent in the months to follow and the hospitality sector should see increased visitor numbers, thus lifting the fortunes for all the players.Spotting this trend and the companies that may benefit from it continue to be what we diligently do as investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916314650,"gmtCreate":1664509881170,"gmtModify":1676537468881,"author":{"id":"3580760788321373","authorId":"3580760788321373","name":"cjgoh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580760788321373","authorIdStr":"3580760788321373"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9916314650","repostId":"1188324957","repostType":4,"isVote":1,"tweetType":1,"viewCount":539,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021685982,"gmtCreate":1653045470746,"gmtModify":1676535213874,"author":{"id":"3580760788321373","authorId":"3580760788321373","name":"cjgoh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580760788321373","authorIdStr":"3580760788321373"},"themes":[],"htmlText":"C","listText":"C","text":"C","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021685982","repostId":"2236947740","repostType":2,"repost":{"id":"2236947740","pubTimestamp":1653043413,"share":"https://ttm.financial/m/news/2236947740?lang=&edition=fundamental","pubTime":"2022-05-20 18:43","market":"us","language":"en","title":"Tesla Loses Top Spot in Cathie Wood’s Flagship Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2236947740","media":"Bloomberg","summary":"Tesla Inc. has lost its crown jewel status in Cathie Wood’s main fund for the first time in about fo","content":"<html><head></head><body><p>Tesla Inc. has lost its crown jewel status in Cathie Wood’s main fund for the first time in about four-and-a-half years.</p><p>Elon Musk’s company had commanded the pole position by market value in the ARK Innovation ETF, an exchange-traded fund known as ARKK, on most days since at least 2017, according to data compiled by Bloomberg. That changed on Thursday, when electronics product maker Roku Inc., a firm with $13.2 billion of market value, pipped it to take the top spot.</p><p>ARKK held Tesla shares worth about $703 million as of Thursday’s close, versus a position of $717 million in Roku, according to ARK Investment Management LLC.’s data compiled by Bloomberg.</p><p>Like ARKK’s 55% drop this year, Tesla’s loss of its star status in the ETF is a reminder of the pressure on growth stocks from rising interest rates and a darkening global economic outlook. It also came after a 33% plunge in the electric car maker’s shares this year, following their rise to a record in 2021.</p><p>ARK Investment and its flagship fund have been selling Tesla shares for at least four quarters in a row, according to Bloomberg-compiled data. The firm owned nearly 1.59 million Tesla shares as of the end of March, down from nearly 5.79 million shares a year earlier.</p><p>ARK’s daily trading updates show only active decisions by the management team and don’t include creation or redemption activity caused by investor flows. Wood’s oft-repeated mantra is that ARK invests with at least a five-year time horizon, and that volatility in their equity picks is expected.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Loses Top Spot in Cathie Wood’s Flagship Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Loses Top Spot in Cathie Wood’s Flagship Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-20 18:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bnnbloomberg.ca/tesla-loses-top-spot-in-cathie-wood-s-flagship-fund-1.1768483><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc. has lost its crown jewel status in Cathie Wood’s main fund for the first time in about four-and-a-half years.Elon Musk’s company had commanded the pole position by market value in the ARK ...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/tesla-loses-top-spot-in-cathie-wood-s-flagship-fund-1.1768483\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉","ROKU":"Roku Inc"},"source_url":"https://www.bnnbloomberg.ca/tesla-loses-top-spot-in-cathie-wood-s-flagship-fund-1.1768483","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2236947740","content_text":"Tesla Inc. has lost its crown jewel status in Cathie Wood’s main fund for the first time in about four-and-a-half years.Elon Musk’s company had commanded the pole position by market value in the ARK Innovation ETF, an exchange-traded fund known as ARKK, on most days since at least 2017, according to data compiled by Bloomberg. That changed on Thursday, when electronics product maker Roku Inc., a firm with $13.2 billion of market value, pipped it to take the top spot.ARKK held Tesla shares worth about $703 million as of Thursday’s close, versus a position of $717 million in Roku, according to ARK Investment Management LLC.’s data compiled by Bloomberg.Like ARKK’s 55% drop this year, Tesla’s loss of its star status in the ETF is a reminder of the pressure on growth stocks from rising interest rates and a darkening global economic outlook. It also came after a 33% plunge in the electric car maker’s shares this year, following their rise to a record in 2021.ARK Investment and its flagship fund have been selling Tesla shares for at least four quarters in a row, according to Bloomberg-compiled data. The firm owned nearly 1.59 million Tesla shares as of the end of March, down from nearly 5.79 million shares a year earlier.ARK’s daily trading updates show only active decisions by the management team and don’t include creation or redemption activity caused by investor flows. Wood’s oft-repeated mantra is that ARK invests with at least a five-year time horizon, and that volatility in their equity picks is expected.","news_type":1},"isVote":1,"tweetType":1,"viewCount":520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021686561,"gmtCreate":1653045146553,"gmtModify":1676535213835,"author":{"id":"3580760788321373","authorId":"3580760788321373","name":"cjgoh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580760788321373","authorIdStr":"3580760788321373"},"themes":[],"htmlText":"&nbsp;Ctr r h lo oRazed☺️🤣😃😀😊😗☺️💹💹🈯️ m b⭕️","listText":"&nbsp;Ctr r h lo oRazed☺️🤣😃😀😊😗☺️💹💹🈯️ m b⭕️","text":"Ctr r h lo oRazed☺️🤣😃😀😊😗☺️💹💹🈯️ m b⭕️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021686561","repostId":"2236947740","repostType":2,"isVote":1,"tweetType":1,"viewCount":440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9064047631,"gmtCreate":1652256699223,"gmtModify":1676535063042,"author":{"id":"3580760788321373","authorId":"3580760788321373","name":"cjgoh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580760788321373","authorIdStr":"3580760788321373"},"themes":[],"htmlText":"Zz z as","listText":"Zz z as","text":"Zz z as","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9064047631","repostId":"1182161577","repostType":2,"repost":{"id":"1182161577","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1652256483,"share":"https://ttm.financial/m/news/1182161577?lang=&edition=fundamental","pubTime":"2022-05-11 16:08","market":"us","language":"en","title":"Roblox Shares Slid 3% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1182161577","media":"Tiger Newspress","summary":"Roblox missed estimates for quarterly bookings, as demand for its online games waned with kids returning to school.","content":"<html><head></head><body><p>Roblox Shares Slid 3% in Premarket Trading.</p><p><a href=\"https://laohu8.com/S/RBLX\">Roblox</a> missed estimates for quarterly bookings, as demand for its online games waned with kids returning to school.</p><p><img src=\"https://static.tigerbbs.com/0d54beb680e1ccee1b131d248ed889bc\" tg-width=\"886\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/></p><p>Easing of restrictions and a reopening economy has affected bookings for pandemic winner Roblox, one of the world&#39;s most popular gaming sites for children, as kids now spend more time outdoors.</p><p>The San Mateo, California-based company posted a 3% fall in first-quarter bookings to $631.2 million. Analysts had expected $644.8 million, according to IBES data from Refinitiv.</p><p>The company generates most of its money from virtual currency &#34;Robux&#34;, which players can purchase to spend in-game on upgrading avatars with items like outfits, accessories and pets.</p><p>Net loss attributable to common stockholders widened to $160.2 million, from $134.2 million a year earlier.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox Shares Slid 3% in Premarket Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox Shares Slid 3% in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-05-11 16:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Roblox Shares Slid 3% in Premarket Trading.</p><p><a href=\"https://laohu8.com/S/RBLX\">Roblox</a> missed estimates for quarterly bookings, as demand for its online games waned with kids returning to school.</p><p><img src=\"https://static.tigerbbs.com/0d54beb680e1ccee1b131d248ed889bc\" tg-width=\"886\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/></p><p>Easing of restrictions and a reopening economy has affected bookings for pandemic winner Roblox, one of the world&#39;s most popular gaming sites for children, as kids now spend more time outdoors.</p><p>The San Mateo, California-based company posted a 3% fall in first-quarter bookings to $631.2 million. Analysts had expected $644.8 million, according to IBES data from Refinitiv.</p><p>The company generates most of its money from virtual currency &#34;Robux&#34;, which players can purchase to spend in-game on upgrading avatars with items like outfits, accessories and pets.</p><p>Net loss attributable to common stockholders widened to $160.2 million, from $134.2 million a year earlier.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RBLX":"Roblox Corporation"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182161577","content_text":"Roblox Shares Slid 3% in Premarket Trading.Roblox missed estimates for quarterly bookings, as demand for its online games waned with kids returning to school.Easing of restrictions and a reopening economy has affected bookings for pandemic winner Roblox, one of the world's most popular gaming sites for children, as kids now spend more time outdoors.The San Mateo, California-based company posted a 3% fall in first-quarter bookings to $631.2 million. Analysts had expected $644.8 million, according to IBES data from Refinitiv.The company generates most of its money from virtual currency \"Robux\", which players can purchase to spend in-game on upgrading avatars with items like outfits, accessories and pets.Net loss attributable to common stockholders widened to $160.2 million, from $134.2 million a year earlier.","news_type":1},"isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816849995,"gmtCreate":1630489931617,"gmtModify":1676530318125,"author":{"id":"3580760788321373","authorId":"3580760788321373","name":"cjgoh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3580760788321373","authorIdStr":"3580760788321373"},"themes":[],"htmlText":"&nbsp;M","listText":"&nbsp;M","text":"M","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816849995","repostId":"1164159102","repostType":2,"repost":{"id":"1164159102","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1630066005,"share":"https://ttm.financial/m/news/1164159102?lang=&edition=fundamental","pubTime":"2021-08-27 20:06","market":"us","language":"en","title":"Toplines Before US Market Open on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1164159102","media":"Tiger Newspress","summary":"U.S. stock index futures inched higher on Friday ahead of Federal Reserve Chair Jerome Powell's spee","content":"<p>U.S. stock index futures inched higher on Friday ahead of Federal Reserve Chair Jerome Powell's speech that could offer clues on when the central bank will start winding down its stimulus.</p>\n<p>At 8:00 a.m. ET, Dow e-minis were up 67 points, or 0.19%, S&amp;P 500 e-minis were up 10.75 points, or 0.24%, and Nasdaq 100 e-minis were up 45.25 points, or 0.30%.</p>\n<p><img src=\"https://static.tigerbbs.com/5b1720df6d9ea9018f57c24b6d490c85\" tg-width=\"1080\" tg-height=\"409\" referrerpolicy=\"no-referrer\"></p>\n<p>Mega-cap technology stocks Apple Inc, Facebook Inc, Amazon.com, Google-owner Alphabet Inc, and Tesla Inc&nbsp;edged higher before the opening bell.</p>\n<p>Oil majors Exxon Mobil, Chevron Corp&nbsp;and Schlumberger NV&nbsp;rose between 0.6% and 1.4%, tracking crude prices, while big banks, including JPMorgan Chase &amp; Co, were up about 0.3%.</p>\n<p>U.S.&nbsp;consumer spending grew 0.3% in July and income rose 1.1%. The lower spending growth suggests the recovery has lost momentum amid Delta variant uncertainty;U.S. trade deficit in goods drop 6.2% in July to $86.4 billion.</p>\n<p>Powell, who is due to speak via webcast at 10 a.m. ET (1400 GMT) at the annual Jackson Hole economic conference, may acknowledge the economy's progress toward full employment, and likely provide new hints about slowing the $120 billion in monthly asset purchases, with an announcement expected before the end of 2021, possibly as early as next month.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p><b>Big Lots(BIG)</b> – The discount retailer’s shares tumbled 10.3% in premarket trading after it missed top and bottom-line estimates for its latest quarter. Big Lots earned $1.09 per share, 3 cents shy of analyst forecasts, and its comparable store sales slid a greater-than-expected 13.2%. The company also said it was hit by supply chain issues and inflation pressures.</p>\n<p><b>Hibbett Sports(HIBB) </b>– The athletic apparel retailer jumped 3.1% in the premarket after reporting better-than-expected sales and profit for its latest quarter, and raising its full-year forecast. Hibbett earned $2.86 per share, almost double the $1.44 consensus estimate.</p>\n<p><b>Peloton(PTON)</b> – Peloton slid 7.5% in the premarket, after reporting a wider-than-expected loss. The fitness equipment maker lost $1.05 per share for its latest quarter, compared with estimates of a 45-cent loss. Paid digital subscriptions fell short of estimates as well. Additionally, Peloton said in an SEC filing that it has been subpoenaed by the government for documents on injuries related to its products.</p>\n<p><b>Gap(GPS)</b> – Gap reported adjusted quarterly earnings of 70 cents per share, beating the 46 cents consensus estimate, and the apparel retailer’s revenue was also above Wall Street forecasts. Gap also raised its full-year guidance, largely on the strength of its Old Navy and Athleta brands. The stock rallied 7.4% in premarket trading.</p>\n<p><b>Apple(AAPL)</b> – Apple struck a deal with smaller developers that extends a commission cut for three years and allows them to alert consumers about alternate payment systems to Apple’s app store.</p>\n<p><b>HP Inc.(HPQ)</b> – HP Inc. beat estimates by 16 cents with adjusted quarterly earnings of $1.00 per share, though revenue fell below analyst forecasts. The personal computer and printer maker saw the worldwide chip shortage hurt its ability to meet demand, with the company saying it is selling everything it can produce. HP lost 5.3% in premarket action.</p>\n<p><b>Dell Technologies(DELL) </b>– Dell reported adjusted quarterly earnings of $2.24 per share, 21 cents above estimates, with revenue also topping analyst projections. Dell benefited from the ongoing boom in demand for personal computers and said it is dealing successfully with supply chain challenges. However, the stock fell 1.9% in the premarket.</p>\n<p><b>Workday(WDAY)</b> – Workday earned an adjusted $1.23 per share for its latest quarter, with the provider of cloud-based human resources and financial software also reporting better-than-expected revenue. Subscription revenue jumped more than 23% from a year earlier. Workday shares surged 7.8% in premarket trading.</p>\n<p><b>Marvell Technology(MRVL)</b> – Marvell came in 3 cents above estimates with an adjusted quarterly profit of 34 cents per share. However, the chip maker’s revenue merely matched Street forecasts, and its cost of goods sold jumped from a year earlier. Shares slid 4.7% in the premarket.</p>\n<p><b>Ollie’s Bargain Outlet(OLLI)</b> – Ollie’s plunged 14.4% in premarket trading after it fell 3 cents short of Wall Street forecasts with adjusted quarterly earnings of 52 cents per share. The discount retailer’s revenue fell short as well, with comparable store sales falling 28% from a year earlier.</p>\n<p><b>Johnson &amp; Johnson(JNJ)</b> – J&amp;J will be allowed to separate its talc-related liabilities from the rest of its business after a judge declined to prohibit the company from doing so. Personal injury lawyers had sought to prevent the move, fearing that it could put thousands of claims into bankruptcy.</p>\n<p><b>VMWare(VMW)</b> – VMWare reported adjusted quarterly earnings of $1.75 per share, beating the $1.64 consensus estimate, while the enterprise software company’s revenue was slightly above Wall Street forecasts. However, cloud business revenue did fall short of some analyst forecasts, and shares slid 6.9% in the premarket.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Friday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-27 20:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock index futures inched higher on Friday ahead of Federal Reserve Chair Jerome Powell's speech that could offer clues on when the central bank will start winding down its stimulus.</p>\n<p>At 8:00 a.m. ET, Dow e-minis were up 67 points, or 0.19%, S&amp;P 500 e-minis were up 10.75 points, or 0.24%, and Nasdaq 100 e-minis were up 45.25 points, or 0.30%.</p>\n<p><img src=\"https://static.tigerbbs.com/5b1720df6d9ea9018f57c24b6d490c85\" tg-width=\"1080\" tg-height=\"409\" referrerpolicy=\"no-referrer\"></p>\n<p>Mega-cap technology stocks Apple Inc, Facebook Inc, Amazon.com, Google-owner Alphabet Inc, and Tesla Inc&nbsp;edged higher before the opening bell.</p>\n<p>Oil majors Exxon Mobil, Chevron Corp&nbsp;and Schlumberger NV&nbsp;rose between 0.6% and 1.4%, tracking crude prices, while big banks, including JPMorgan Chase &amp; Co, were up about 0.3%.</p>\n<p>U.S.&nbsp;consumer spending grew 0.3% in July and income rose 1.1%. The lower spending growth suggests the recovery has lost momentum amid Delta variant uncertainty;U.S. trade deficit in goods drop 6.2% in July to $86.4 billion.</p>\n<p>Powell, who is due to speak via webcast at 10 a.m. ET (1400 GMT) at the annual Jackson Hole economic conference, may acknowledge the economy's progress toward full employment, and likely provide new hints about slowing the $120 billion in monthly asset purchases, with an announcement expected before the end of 2021, possibly as early as next month.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p><b>Big Lots(BIG)</b> – The discount retailer’s shares tumbled 10.3% in premarket trading after it missed top and bottom-line estimates for its latest quarter. Big Lots earned $1.09 per share, 3 cents shy of analyst forecasts, and its comparable store sales slid a greater-than-expected 13.2%. The company also said it was hit by supply chain issues and inflation pressures.</p>\n<p><b>Hibbett Sports(HIBB) </b>– The athletic apparel retailer jumped 3.1% in the premarket after reporting better-than-expected sales and profit for its latest quarter, and raising its full-year forecast. Hibbett earned $2.86 per share, almost double the $1.44 consensus estimate.</p>\n<p><b>Peloton(PTON)</b> – Peloton slid 7.5% in the premarket, after reporting a wider-than-expected loss. The fitness equipment maker lost $1.05 per share for its latest quarter, compared with estimates of a 45-cent loss. Paid digital subscriptions fell short of estimates as well. Additionally, Peloton said in an SEC filing that it has been subpoenaed by the government for documents on injuries related to its products.</p>\n<p><b>Gap(GPS)</b> – Gap reported adjusted quarterly earnings of 70 cents per share, beating the 46 cents consensus estimate, and the apparel retailer’s revenue was also above Wall Street forecasts. Gap also raised its full-year guidance, largely on the strength of its Old Navy and Athleta brands. The stock rallied 7.4% in premarket trading.</p>\n<p><b>Apple(AAPL)</b> – Apple struck a deal with smaller developers that extends a commission cut for three years and allows them to alert consumers about alternate payment systems to Apple’s app store.</p>\n<p><b>HP Inc.(HPQ)</b> – HP Inc. beat estimates by 16 cents with adjusted quarterly earnings of $1.00 per share, though revenue fell below analyst forecasts. The personal computer and printer maker saw the worldwide chip shortage hurt its ability to meet demand, with the company saying it is selling everything it can produce. HP lost 5.3% in premarket action.</p>\n<p><b>Dell Technologies(DELL) </b>– Dell reported adjusted quarterly earnings of $2.24 per share, 21 cents above estimates, with revenue also topping analyst projections. Dell benefited from the ongoing boom in demand for personal computers and said it is dealing successfully with supply chain challenges. However, the stock fell 1.9% in the premarket.</p>\n<p><b>Workday(WDAY)</b> – Workday earned an adjusted $1.23 per share for its latest quarter, with the provider of cloud-based human resources and financial software also reporting better-than-expected revenue. Subscription revenue jumped more than 23% from a year earlier. Workday shares surged 7.8% in premarket trading.</p>\n<p><b>Marvell Technology(MRVL)</b> – Marvell came in 3 cents above estimates with an adjusted quarterly profit of 34 cents per share. However, the chip maker’s revenue merely matched Street forecasts, and its cost of goods sold jumped from a year earlier. Shares slid 4.7% in the premarket.</p>\n<p><b>Ollie’s Bargain Outlet(OLLI)</b> – Ollie’s plunged 14.4% in premarket trading after it fell 3 cents short of Wall Street forecasts with adjusted quarterly earnings of 52 cents per share. The discount retailer’s revenue fell short as well, with comparable store sales falling 28% from a year earlier.</p>\n<p><b>Johnson &amp; Johnson(JNJ)</b> – J&amp;J will be allowed to separate its talc-related liabilities from the rest of its business after a judge declined to prohibit the company from doing so. Personal injury lawyers had sought to prevent the move, fearing that it could put thousands of claims into bankruptcy.</p>\n<p><b>VMWare(VMW)</b> – VMWare reported adjusted quarterly earnings of $1.75 per share, beating the $1.64 consensus estimate, while the enterprise software company’s revenue was slightly above Wall Street forecasts. However, cloud business revenue did fall short of some analyst forecasts, and shares slid 6.9% in the premarket.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".IXIC":"NASDAQ Composite","VMW":"威睿",".SPX":"S&P 500 Index","OLLI":"Ollie's Bargain Outlet Holdings, Inc.","CVX":"雪佛龙","WDAY":"Workday","XOM":"埃克森美孚","HPQ":"惠普","MRVL":"迈威尔科技","JNJ":"强生","SLB":"斯伦贝谢","BIG":"必乐透","HIBB":"希贝特体育","DELL":"戴尔","PTON":"Peloton Interactive, Inc.",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164159102","content_text":"U.S. stock index futures inched higher on Friday ahead of Federal Reserve Chair Jerome Powell's speech that could offer clues on when the central bank will start winding down its stimulus.\nAt 8:00 a.m. ET, Dow e-minis were up 67 points, or 0.19%, S&P 500 e-minis were up 10.75 points, or 0.24%, and Nasdaq 100 e-minis were up 45.25 points, or 0.30%.\n\nMega-cap technology stocks Apple Inc, Facebook Inc, Amazon.com, Google-owner Alphabet Inc, and Tesla Inc edged higher before the opening bell.\nOil majors Exxon Mobil, Chevron Corp and Schlumberger NV rose between 0.6% and 1.4%, tracking crude prices, while big banks, including JPMorgan Chase & Co, were up about 0.3%.\nU.S. consumer spending grew 0.3% in July and income rose 1.1%. The lower spending growth suggests the recovery has lost momentum amid Delta variant uncertainty;U.S. trade deficit in goods drop 6.2% in July to $86.4 billion.\nPowell, who is due to speak via webcast at 10 a.m. ET (1400 GMT) at the annual Jackson Hole economic conference, may acknowledge the economy's progress toward full employment, and likely provide new hints about slowing the $120 billion in monthly asset purchases, with an announcement expected before the end of 2021, possibly as early as next month.\nStocks making the biggest moves premarket:\nBig Lots(BIG) – The discount retailer’s shares tumbled 10.3% in premarket trading after it missed top and bottom-line estimates for its latest quarter. Big Lots earned $1.09 per share, 3 cents shy of analyst forecasts, and its comparable store sales slid a greater-than-expected 13.2%. The company also said it was hit by supply chain issues and inflation pressures.\nHibbett Sports(HIBB) – The athletic apparel retailer jumped 3.1% in the premarket after reporting better-than-expected sales and profit for its latest quarter, and raising its full-year forecast. Hibbett earned $2.86 per share, almost double the $1.44 consensus estimate.\nPeloton(PTON) – Peloton slid 7.5% in the premarket, after reporting a wider-than-expected loss. The fitness equipment maker lost $1.05 per share for its latest quarter, compared with estimates of a 45-cent loss. Paid digital subscriptions fell short of estimates as well. Additionally, Peloton said in an SEC filing that it has been subpoenaed by the government for documents on injuries related to its products.\nGap(GPS) – Gap reported adjusted quarterly earnings of 70 cents per share, beating the 46 cents consensus estimate, and the apparel retailer’s revenue was also above Wall Street forecasts. Gap also raised its full-year guidance, largely on the strength of its Old Navy and Athleta brands. The stock rallied 7.4% in premarket trading.\nApple(AAPL) – Apple struck a deal with smaller developers that extends a commission cut for three years and allows them to alert consumers about alternate payment systems to Apple’s app store.\nHP Inc.(HPQ) – HP Inc. beat estimates by 16 cents with adjusted quarterly earnings of $1.00 per share, though revenue fell below analyst forecasts. The personal computer and printer maker saw the worldwide chip shortage hurt its ability to meet demand, with the company saying it is selling everything it can produce. HP lost 5.3% in premarket action.\nDell Technologies(DELL) – Dell reported adjusted quarterly earnings of $2.24 per share, 21 cents above estimates, with revenue also topping analyst projections. Dell benefited from the ongoing boom in demand for personal computers and said it is dealing successfully with supply chain challenges. However, the stock fell 1.9% in the premarket.\nWorkday(WDAY) – Workday earned an adjusted $1.23 per share for its latest quarter, with the provider of cloud-based human resources and financial software also reporting better-than-expected revenue. Subscription revenue jumped more than 23% from a year earlier. Workday shares surged 7.8% in premarket trading.\nMarvell Technology(MRVL) – Marvell came in 3 cents above estimates with an adjusted quarterly profit of 34 cents per share. However, the chip maker’s revenue merely matched Street forecasts, and its cost of goods sold jumped from a year earlier. Shares slid 4.7% in the premarket.\nOllie’s Bargain Outlet(OLLI) – Ollie’s plunged 14.4% in premarket trading after it fell 3 cents short of Wall Street forecasts with adjusted quarterly earnings of 52 cents per share. The discount retailer’s revenue fell short as well, with comparable store sales falling 28% from a year earlier.\nJohnson & Johnson(JNJ) – J&J will be allowed to separate its talc-related liabilities from the rest of its business after a judge declined to prohibit the company from doing so. Personal injury lawyers had sought to prevent the move, fearing that it could put thousands of claims into bankruptcy.\nVMWare(VMW) – VMWare reported adjusted quarterly earnings of $1.75 per share, beating the $1.64 consensus estimate, while the enterprise software company’s revenue was slightly above Wall Street forecasts. However, cloud business revenue did fall short of some analyst forecasts, and shares slid 6.9% in the premarket.","news_type":1},"isVote":1,"tweetType":1,"viewCount":383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}