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Tag: Raise

Niall Horan announces show to raise money for his crew

October 13, 2020
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Niall Horan
The singer will play a show to an empty Royal Albert Hall

Singer Niall Horan has announced a one-off live streamed show, with proceeds going to members of his road crew.

The pop star has been working with some of his team since One Direction’s first tour in 2011 – and he says the pandemic has left many of them stranded.

“My stage manager is working on a building site currently,” he told the BBC. “A couple of lads are working in Tesco and Sainsbury’s.

“If there’s no touring, they don’t have a job. They’ve been left behind.”

The star and his crew were supposed to be on tour for six months this year, visiting Australia, Asia, Europe and America.

But while Horan used lockdown to write new songs and play radio sessions, he realises others don’t have that luxury.

“I’m obviously one of the lucky ones, but not everyone

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How to Raise Money for Your Startup

October 13, 2020
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We asked the members of the 2020 Female Founders 100 for their best advice about money. These are the highlights.

Suma Wealth
If you go into a room where everyone looks the same and no one looks like you, think, “No one has my experience, and that’s why I’m valuable.”

Eight Sleep
To build a strong, diverse investor roster, you need to start early and be patient. It’s much easier and better to get women investors in the early rounds.

The Alinker Inventions
All my employees make a living wage, as determined by the MIT calculator. I think I make around $21 an hour. I refuse to focus on money: It takes all of us to run this company and to build this community.

Heal
Just when you think you really should give up: Don’t. With the five minutes extra that you put in, there might be someone around the

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Virginia Beach woman holds telethon for the homeless on Saturday to raise money and awareness

October 11, 2020
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Yes, there is a pandemic.

Yes, the skies opened up Saturday afternoon and doused volunteers in Norfolk who were waving and hoping drivers would stop and donate money.

No, Regina Darden and more than 200 volunteers were not deterred as her H.O.P.E. Foundation held its second annual World Homeless Day telethon from the Murray Center in Norfolk.

“Homelessness is just a situation, it’s not who you are,” Darden said to cameras inside the center which were streaming the fundraiser on Facebook. “So many of us are one paycheck from being homeless. This could be any one of us….Give us a chance to give someone else a chance.”

Darden started H.O.P.E. Foundation — Helping Others Pursue Excellence — from her Virginia Beach home four years ago after she said God put it in her heart to feed and house the homeless.

Darden has been handling the bulk of the feeding part

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Tencent-Backed Miniso Group Looks to Raise up to $562.4 Mln in IPO | Investing News

October 8, 2020
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| business

(This Oct 7 story corrects valuation figure to $5.71 billion, not $10.18 billion, in paragraph 3)

(Reuters) – Retailer Miniso Group Holding Ltd, which is backed by Tencent Holdings Ltd <0700.HK>, is looking to raise up to $562.4 million in its initial public offering in the U.S., a regulatory filing showed on Wednesday.

The China-based company said it would sell 30.4 million American Depositary Shares priced between $16.50 and $18.50 per ADS. Each ADS would represent four of Class A ordinary shares. (https://bit.ly/3d4LGS7)

At the top end of the range, Miniso would be valued at $5.71 billion.

Miniso’s plans to go public come on the heels of numerous blockbuster IPOs this year, including those of Palantir Technologies and Snowflake

in recent weeks.

A number of Chinese companies, which have debuted in U.S. stock markets this year, have also attracted strong investor interest. Earlier this year, SoftBank-backed KE Holdings

, which

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Cebu Air to Raise $500 Million, Reduce Fleet and Network

October 8, 2020
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(Bloomberg) — Philippine budget carrier Cebu Air Inc. plans to raise $500 million by selling preferred stock and bonds, joining airlines worldwide in trying to increase capital to help cope with the pandemic.



a group of people sitting around a car: A Cebu Air Inc. aircraft prepares to land at Ninoy Aquino International Airport (NAIA) in Manila, the Philippines, on Thursday, Feb. 13, 2020. In response to the coronavirus outbreak, the Philippine government has banned travel to Hong Kong, along with Macau and mainland China. Earlier this month, the Philippines' Labor Department announced that it would offer financial assistance and temporary housing to workers who'd gotten stranded in the capital en route to their jobs overseas.


© Bloomberg
A Cebu Air Inc. aircraft prepares to land at Ninoy Aquino International Airport (NAIA) in Manila, the Philippines, on Thursday, Feb. 13, 2020. In response to the coronavirus outbreak, the Philippine government has banned travel to Hong Kong, along with Macau and mainland China. Earlier this month, the Philippines’ Labor Department announced that it would offer financial assistance and temporary housing to workers who’d gotten stranded in the capital en route to their jobs overseas.

The proceeds from the $250 million convertible preference share issue and $250 million private placement of convertible bonds will be used to strengthen the carrier’s balance sheet, it said in a statement. First-half revenue at the airline controlled by the

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Tencent-backed Miniso Group looks to raise up to $562.4 million in IPO

October 7, 2020
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| business

(Reuters) – Retailer Miniso Group Holding Ltd, which is backed by Tencent Holdings Ltd , is looking to raise up to $562.4 million in its initial public offering in the U.S., a regulatory filing showed on Wednesday.



a sign on the side of a building: The logo of Chinese low-cost lifestyle and consumer products retailer Miniso is pictured in Tokyo


© Reuters/KIM KYUNG-HOON
The logo of Chinese low-cost lifestyle and consumer products retailer Miniso is pictured in Tokyo

The China-based company said it would sell 30.4 million American Depositary Shares priced between $16.50 and $18.50 per ADS. Each ADS would represent four of Class A ordinary shares. (https://bit.ly/3d4LGS7)

At the top end of the range, Miniso would be valued at $10.18 billion.

Miniso’s plans to go public come on the heels of numerous blockbuster IPOs this year, including those of Palantir Technologies and Snowflake in recent weeks. A number of Chinese companies, which have debuted in U.S. stock markets this year, have also attracted strong investor interest. Earlier this year, SoftBank-backed KE Holdings

… Read More

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Posted in %1$s Tagged %1$s

TUI Loses Finance Chief Amid Effort to Raise More Funds

October 7, 2020
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| finance

(Bloomberg) — TUI AG’s finance chief will leave at year-end in a setback for the struggling tour operator as it works on plans to raise more cash.



The TUI AG logo is seen in the company's travel shop in Berlin, Germany.


© Bloomberg
The TUI AG logo is seen in the company’s travel shop in Berlin, Germany.

Chief Financial Officer Birgit Conix told the company she won’t extend her contract, TUI said Wednesday. Sebastian Ebel, who is already a member of the executive board, will take over on Jan. 1, according to a statement.

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Conix, 55, who joined TUI in 2018 from Belgian telecom firm Telenet Group Holding NV, played a key role in maintaining liquidity at the company, which has been hard-hit by the coronavirus crisis and, before that, the grounding of Boeing Co.’s 737 Max. Ebel, 57, runs the hotels division and held finance positions before.

The change comes amid uncertainty about TUI’s plan to bolster cash after topping up

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Houston woman uses art to raise money for mammograms

October 7, 2020
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| money

Chris Noble couldn’t stay retired long.

It was only six weeks into retirement when she starting working for one of Houston’s breast imaging centers, The Rose, as what she calls a “friend-raiser.”

Related: Clinic hopes to thwart declining breast cancer screenings

But when Houston was required to quarantine earlier this year due to COVID-19, Noble’s ability to raise money for The Rose at public events became almost nonexistent.

That’s when she started painting.

“I started painting these pictures of women and as I started painting, I started adding bling and sparkles and that sort of stuff,” said Noble. “They turned out pretty fabulous.”


Noble began selling her paintings on social media for $250 each, or the cost of a mammogram, said Noble.

Her concept’s theme is Buy a Girl, Save a Girl and all the proceeds from the paintings go directly to The Rose to help aid its mission of

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TUI Replaces Finance Chief Amid Effort to Raise More Funds

October 7, 2020
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| finance

(Bloomberg) — TUI AG will replace its finance chief at year end, moving to swap executives in a key role as the struggling tour operator works to raise cash.

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Chief Financial Officer Birgit Conix will leave the company at year-end, TUI said Wednesday in a statement. Sebastian Ebel, who is already a member of the executive board, takes over on Jan. 1.

The decision comes amid confusion over the past week about TUI’s fund-raising plans. Chief Executive Officer Fritz Joussen said last week that the company, hurt badly by a drop-off in summer travel, would raise 1.5 billion euros through a combination of asset sales and a rights issue.

The company then sought to clarify, saying the capital increase would be below 1 billion euros. That prompted criticism that the amount wouldn’t be enough.

In addition to the rights offer, TUI will look at selling some of its

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Mortgage REITs Raise Dividends | Seeking Alpha

October 5, 2020
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| business

This research report was produced by The REIT Forum with assistance from Big Dog Investments.

The topics we discuss are going to be extremely relevant to the residential mortgage REITs. The table below uses BV as of Q2 2020 (if the company has reported earnings):

Ticker

Company Name

Focus

Price to Trailing BV

BV Q2 2020

Price

ORC

Orchid Island Capital

Agency

0.98

$5.22

$5.13

DX

Dynex Capital

Agency

0.94

$16.69

$15.72

ARR

ARMOUR Residential REIT

Agency

0.88

$11.11

$9.83

AGNC

American Capital Agency Corp.

Agency

0.88

$15.86

$14.00

NLY

Annaly Capital Management

Agency

0.87

$8.39

$7.27

CMO

Capstead Mortgage Corporation

Agency

0.85

$6.79

$5.75

TWO

Two Harbors Investment Corp.

Agency

0.73

$7.24

$5.27

CHMI

Cherry Hill Mortgage Investment

Agency

0.70

$13.41

$9.39

AI

Arlington Asset Investment Corporation

Agency

0.51

$5.63

$2.86

MITT

AG Mortgage Investment Trust, Inc.

Hybrid

1.07

$2.75

$2.95

IVR

Invesco Mortgage Capital

Hybrid

0.91

$3.17

… Read More

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