Net Element Shares Surge 45% After Reporting Strong Growth in Its North America Unified Payments Ops

Net Element Shares Surge 45% After Reporting Strong Growth in Its North America Unified Payments Ops

Net Element (NETE) shares surged 45% Friday after the provider of solutions for electronic payments acceptance across point of sale, e-commerce and mobile devices reported strong growth in its North America Unified Payments division. Total e-commerce volumes in H1 increased by 33% from a year ago and transactions processed increased by 34%. New e-commerce merchants in H1 increased by 37%.. Total volumes for electronic commerce and value-added integrated services such […]

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Goldman Reportedly Is Looking Into Options for Its Less Than $1 Mln Stake in Harvey Weinstein’s Film Studio

Goldman Reportedly Is Looking Into Options for Its Less Than $1 Mln Stake in Harvey Weinstein’s Film Studio

Goldman Sachs (GS) is weighing its options for its less-than $1 million stake in Weinstein and Co., Harvey Weinstein’s film studio that it co-founded with his brother Bob, Bloomberg reported, citing the Wall Street bank’s spokesman Andrew Williams. Harvey Weinstein was sacked from the studio after allegations that he had sexually harassed and assaulted women over decades, according to recent news reports. Goldman was an initial investor in the studio […]

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European Stocks Little Changed Ahead of ECB Chief Draghi’s Appearance at IMF Event

European Stocks Little Changed Ahead of ECB Chief Draghi’s Appearance at IMF Event

European equity benchmarks were little changed on Thursday morning, with the pan-European benchmark STOXX 600 index hovering near the flat line for a third straight session as traders awaited comments from European Central Bank (ECB) President Mario Draghi later in the day from a panel discussion organized by the International Monetary Fund (IMF) in Washington. Investors will scrutinize his comments for clues on the ECB’s stimulus plans ahead of a […]

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Protagonist Therapeutics Prices Offering of 3.5 Mln Shares at 14.2% Discount

Protagonist Therapeutics Prices Offering of 3.5 Mln Shares at 14.2% Discount

Protagonist Therapeutics (PTGX) said late Wednesday it has priced the public offering of more than 3.5 million shares at $17 each, a 14.2% discount to the closing price. The company has also granted underwriters a 30-day option to buy an additional 529,500 shares. Gross proceeds are expected to be $60 million and Protagonist said it plans to use net proceeds to fund clinical research and development of the company’s three […]

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Equities Futures Near Flat After Another Record

Equities Futures Near Flat After Another Record

US equities futures were hovering around unchanged early Thursday after the benchmark indices touched new records Wednesday. Overseas, investors are watching Spain and the fallout from Catalonia’s independence vote. Minutes from the last European Central Bank meeting are released Thursday. The US dollar was off against the euro, the Japanese yen and the Canadian dollar but higher against the pound sterling. – The S&P 500 future was down 0.09% recently, […]

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NextEra Energy Partners Sells $300 Mln of 1.5% Convertible Senior Notes Due 2020

NextEra Energy Partners Sells $300 Mln of 1.5% Convertible Senior Notes Due 2020

NextEra Energy Partners (NEP) said pre-market Monday that it has completed the placement and has closed the sale of $300 million of its 1.50% convertible senior notes due 2020 in a private placement to qualified institutional buyers. “This offering further demonstrates NextEra Energy Partners’ ability to tap into new sources of capital and is expected to enable the partnership to complete our growth funding for the year,” CEO Jim Robo […]

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