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Day: May 3, 2021

Benchmark equities pulled back as market wraps, April gains show strong data

Major indexes dwindled, with NASDAQ being the biggest loser with less than 0.90% value drop. The S&P lost more than 0.70% in today’s market trading session, after setting a record high of more than 4,200 points yesterday. Lastly, the Dow lost more than 0.50% in the session earlier. Still, all three benchmark equities resulted in gains for the month of April. Futures of the major indexes are also recorded below the red line. The Dow futures dropped by about 0.54%, S&P futures slipping by about 0.72% and NASDAQ futures with the biggest drop at 0.85%. Small caps Russel 2000 also suffered by lowering to 1.26%. Below is a brief summary of what have happened in the market today, Friday: – NASDAQ Composite Index slumped 0.85% or 119.86 points and wrapped at 13,963– The S&P 500 Index dropped by 0.72% or 30.30 points...

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S&P records all-time high, market wraps on positive note, contracts decline

The release of Q1 earnings of companies such as Facebook (FB) and Apple (AAPL) supported the movements in the market, showing strong earnings results across the major indexes. Stock futures, on the other hand, opened lower on Thursday evening following the strong performance of the indexes the same day. All three major index’s futures fell back ranging from 0.19% to as high as 0.35%. Shares of Twitter (TWTR) was cut down hard after investors felt disappointed with the results of the Q2 revenue guidance report that was released, falling short from expectations. The investors felt that the company’s ad sales could have matched competitor trends such as Snap (SNAP) and Facebook (FB). Meanwhile, Amazon (AMZN) shares skyrocketed in the late trading after Q1 earnings report came out strong, along with their Q2 guidance report that...

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Market wraps with 3 major indexes lower, FOMC releases decision

With these tons of information bombarding the traders, market closes on the lower side. All three benchmark equities lowered slightly even after such events. The decision of the FOMC regarding the monetary policy remained the same, with the rates of the central bank close to zero and their asset purchase program left unchanged. FOMC maintained their previous stance which was supported by the central bank. As for the major indexes, S&P recorded an intraday high then plunged to loses. Alphabet (GOOGL) posted their Q1 sales report that exceeded expectations, which managed to pull S&P to the intraday high and mitigate most of the losses. The Dow, on the other hand, had Microsoft (MSFT) release their first quarter earnings but still declined, pulling Dow lower at market close. Other big companies, such as Facebook (FB) and Apple (AAPL)...

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US Stocks ended up mixed, gains reversed, investors keep their hands calm

Tuesday results are the exact opposite for the major indexes, as the Dow ended gaining while both S&P and NASDAQ slipped down. What played a big part on this is the passive attitude of the traders that are waiting for the Federal Reserve monetary policy to be passed down on Wednesday, as well as the remaining 1st quarter reports of corporate earnings from big companies. The stocks of the said companies are currently under close monitoring by the traders and are said to be underperforming on the broad market. The Dow Jones Industrial Average managed to bounce back and slightly earned today. An increase of 3.36% was observed and brought it 15 points away from the 34,000 mark. On the other hand, NASDAQ dropped by 0.34% cutting down yesterday’s gains. The blue-chip index, S&P, is the only major index whose score went up, slightly...

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Market wraps mixed; S&P setting new records

It is expected that corporate earnings reports are to be released this week, making traders uneasy with anticipation. Above that, the decision for the Federal Reserve monetary policy is to be released as well, along with tons of economic data. It is expected that market direction can easily be affected by any of these upcoming news, which makes investors reeling. Stock market session ended mixed this Monday, with S&P squeezing out a new record, while the Dow slipping down a bit. NASDAQ moved ahead with their Monday earnings, stepping ahead of the other two. With the first quarter corporate earnings reports to be released, a busy week ahead is expected by experts. Majority of the companies that had their reports released exceeded expectations, mostly affected by the successful vaccine development and rollout enabling economic recovery....

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Mexus Performs Successful Blast At Its Santa Elena Mine

CABORCA, Mexico, May 03, 2021 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that on April 29th, the company performed a successful blast in the Quartz 2 vein area at its Santa Elena mine located near Caborca, MX.  150 meter strike length was charged in a 2.5 x 2.5 meter grid along four lines. Approximately 10,000 to 15,000 tons of mineralized material was produced. This material will have lime added to it and be hauled to the crushing area to continue with the heap leaching process. The company believes this material will show between 2 to 4 g/t Au average. Numerous samples are being processed as fire assays to confirm the gold and silver content of the new mineral being processed. While waiting for the necessary blasting permits, the company was busy improving the gold recovery circuit. The...

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TCM Group A/S: Transactions in connection with share buy-back programme.

COMPANY ANNOUNCEMENT                                                                                                                     No. 79/2021 Tvis, 3 May 2021 Transactions in connection with share buy-back programme As mentioned in announcement no. 77/2021, TCM Group A/S (”TCM Group” or ”the Company”) has initiated a share buy-back programme which will run from 26 April 2021 until 11 March 2022. During this period, the Company will buy own shares for up to a maximum of DKK 100 million under the programme. The share buyback has been set up and structured in accordance with the safe harbour rules in art. 5 of the Market Abuse Regulation and the European Commission Regulation 1052/2016 of 8 March 2016. The following transactions have been executed during the period 26 – 29 April 2021:Date No. of shares Average price (DKK) Total...

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Tryg Forsikring A/S mandates Tier 2 Capital Notes transaction

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION Tryg Forsikring A/S, rated A1 by Moody’s, has mandated Danske Bank and Nordea as Joint Lead Managers to arrange a series of virtual investor meetings on Monday and Tuesday 3-4 May 2021, and to explore subsequent issuance of one or more Tier 2 Capital Notes. A SEK FRN and/or Fixed Benchmark with a target 30NC5.5 year maturity and a potential NOK and/or DKK FRN transaction with a 30NC6 year area maturity may follow, subject to market conditions. The Notes are expected to be rated A3 by Moody’s. MIFID II product governance / Professional investors and eligible counterparties only target market / No PRIIPs KID: The target...

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GENFIT announces the launch by Labcorp of NASHnext® A Novel Noninvasive Diagnostic Test Powered by GENFIT’s NIS4™ Technology to Identify Patients with At-Risk NASH

Test Available Exclusively through Labcorp in the U.S. and Canada Lille, France; Cambridge, MA; May 3, 2021 – GENFIT (Nasdaq and Euronext: GNFT), a late-stage biopharmaceutical company dedicated to improving the lives of patients with metabolic and liver diseases, today announced the launch of NASHnext®, a novel, noninvasive diagnostic test for nonalcoholic steatohepatitis (NASH). The test is offered exclusively in the U.S. and Canada through Labcorp, a leading global life sciences company. NASHnext® is powered by NIS4™, GENFIT’s proprietary diagnostic technology that uses a novel, blood-based molecular biomarker test to identify NASH and significant fibrosis, also referred to as at-risk NASH, in patients with at least one metabolic risk factor, as published in The Lancet Gastroenterology and Hepatology. 1 NASH, the most severe form...

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Supervisory Board of AS Tallinna Vesi has approved the dividend proposal

Supervisory Board of AS Tallinna Vesi (hereinafter the Company) has approved the dividend proposal to pay the shareholders a dividend of €0.65 per A-share for the financial year of 2020. The proposal will be submitted for approval to the Annual General Meeting of Shareholders on 03 June 2021. The share capital of the Company consists of 20 million A-shares and 1 preference share i.e. B-share. On 1 April 2021, the shareholders of AS Tallinna Vesi adopted the resolution to give consent to the Company for the acquisition of one B share with the nominal value of 60 (sixty) euros from the City of Tallinn and to pay the City of Tallinn 60 (sixty) euros for the B-share. The acquisition of B-share by the Company is completed and therefore no dividend payment will be made per B-share. Company´s retained profits as of 31 December 2020 were €74,243,000,...

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