Sell Archives - Zxcoachoutlet

Regeneron board member and executive sell $1 million in stock after Trump touts treatment

October 10, 2020

A Regeneron executive and one of its directors sold $1 million worth of stocks two days after President Donald Trump announced he was taking their therapeutic, recent filings from the Securities and Exchange Commission reveal.

a sign on the side of a building: Regeneron Begins Human Trials Of Coronavirus Antibody Cocktail

© Michael Nagle
Regeneron Begins Human Trials Of Coronavirus Antibody Cocktail

Last Friday night, the White House announced that as part of Trump’s treatment for coronavirus, he had received Regeneron’s experimental antibody cocktail that has not passed formal trials or been approved by the Food and Drug Administration.

One day later, the president appeared in a video posted to his Twitter account about his treatment at Walter Reed National Military Medical Center.

“They gave me Regeneron,” he said, saying the company name instead of the treatment’s name, REGN-COV2. “It was like, unbelievable. I felt good immediately. I felt as good three days ago as I do now.”

At another point in the video he

Red-Hot JinkoSolar Stock Is a ‘Sell’ in the Short Term

October 9, 2020

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Shares of JinkoSolar (NYSE:JKS) have certainly been on a moonshot lately. The Chinese solar manufacturer has risen more than 200% in the past month, coinciding with a breakout in the solar space. Some of the parabolic move higher was certainly warranted given the falling costs and rising demand. However, the rally has now come too far, too fast. It is time for a red-hot JKS stock to cool off.

a green sign with white text: The JinkoSolar (JKS) logo displayed on a plain white wall.

© Provided by InvestorPlace
The JinkoSolar (JKS) logo displayed on a plain white wall.

InvestorPlace Markets Analyst Luke Lango recently took a deep dive into why solar stocks, especially Chinese solar stocks, are poised for continued upside. He noted how the landscape has dramatically changed for JKS. Actual sales are now driving profits, instead of subsidies. This is undoubtedly a more enduring business model

Fans petition Target to sell Bella Swan’s comforter

October 9, 2020

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“Twilight” fans may no longer be camping out on the street for up to a week to see the stars at the films’ premieres, but they are just as enthusiastic as ever.

This week, one fan started a petition for Target to bring back a bedding set that was a staple in the bedroom of protagonist Bella Swan (played by Kristen Stewart) throughout the series.

Within four days, more than 1,300 people have signed the petition, which has a goal of 1,500 (virtual) signatures.

“Target, there’s no time like the present. Twilight fans around the globe are eager for more merchandise, and Bella’s bedding is at the top of the list for so many. Let us give you our money!”

Bella Swan’s purple comforter

That would be the Purple Flocked Comforter Set, which Target discontinued in recent years.

The Purple Flocked Comforter Set, which was sold at Target through

Tollroad operator Transurban will sell stakes in its Northern Virginia express lanes

October 9, 2020

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“The introduction of partners would allow us to pursue both current opportunities as well as those we expect to emerge not only in North America but also in Australia, while putting less pressure on our balance sheet and freeing up significant existing capital,” Charlton said at the company’s annual shareholders’ meeting.

Transurban North America officials said Friday the company’s intent to bring in other investors will not impact the Northern Virginia operations. Transurban will continue to manage the express lanes, they said.

“Our commitment to the region and the commonwealth is long term,” Emeka Moneme, vice president of corporate strategy and innovation at Transurban North America, said. “There is no change in day-to-day management and/or operation of the facilities. We remain very, very committed to this region.”

The sale plan is not prompted by the industry’s losses during the coronavirus pandemic, company officials said Friday. They said the company had

LSE Agrees To Sell Italian Stock Exchange To Euronext For $5.1 Billion In Deal Involving Many Players

October 9, 2020

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Euronext, Europe’s largest stock exchange operator, will get even bigger after it agreed to purchase Borsa Italiana (the operator of the Milan Stock Exchange) from the London Stock Exchange, or LSE, for 4.3 billion euros ($5.1 billion).

The deal is complex and involves many stakeholders across the continent and U.K.

LSE entered into exclusive talks with Euronext last month on the deal after two other major European stock exchange operators — Germany’s Deutsche Boerse and Switzerland’s SIX — were muscled out of the picture.

LSE’s proposed disposition of Borsa Italiana is linked to its own plan to purchase data provider Refinitiv for $27 billion. LSE is still seeking regulatory approval from the EU for that transaction. (Refinitv is 55%-owned by Blackstone Group and 45%-owned by Thomson Reuters)

LSE’s acquisition of Refinitiv would transform LSE into a “capital markets infrastructure and information powerhouse, controlling widely-used services in share, bond and swaps

LSE Agrees to Sell Borsa Italiana to Euronext for $5 Billion | Investing News

October 9, 2020

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PARIS/LONDON (Reuters) – Euronext

is to buy Borsa Italiana from London Stock Exchange

for 4.33 billion euros ($5.09 billion) in cash, the firms said on Friday, in a major expansion of the French operator’s network of European trading platforms.

LSE entered exclusive talks with Euronext last month after the Paris bourse owner saw off competition from Deutsche Boerse

and Swiss rival SIX.

LSE is selling Borsa as part of regulatory remedies to see through its $27 billion purchase of data provider Refinitiv, which is 45% owned by Thomson Reuters
, the parent company of Reuters News.

The sale is contingent on the European Commission formally stating it will only approve the Refinitiv deal if all or part of Borsa Italiana is sold.

“We believe the sale of the Borsa Italiana group will contribute significantly to addressing the EU’s competition concerns,” LSE Chief Executive David Schwimmer said in a statement.

Euronext,

GameStop and Microsoft team up to sell Xbox All Access at more than 5K GameStop retail locations

October 8, 2020

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GameStop announced today a multi-year strategic partnership agreement with Microsoft. Under the terms of the deal, GameStop is now an authorized dealer for the Xbox All Access program, which provides an Xbox console and a 24-month pass for Xbox Game Pass Ultimate for no cost upfront.

The agreement further involves what GameStop refers to as a “transformation,” where its individual stores will upgrade to take advantage of Microsoft’s suite of business applications and portable devices.

Now, when you walk into a GameStop store, the sales associates will be equipped with Surface tablets for searching purposes, working with Microsoft Teams, and running the back end with Microsoft’s cloud-based Dynamics 365 suite of applications. In fact, by the terms of the deal as written in GameStop’s press release, it looks less like a partnership and more like Microsoft is sponsoring GameStop as one would a softball team.

“For many years

Torn U.S. tech investors debate buy or sell in wake of shakeout

October 6, 2020

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Video: Fed’s Barkin Expects Strong U.S. Growth in Third Quarter (Bloomberg)

Fed’s Barkin Expects Strong U.S. Growth in Third Quarter

UP NEXT

By Caroline Valetkevitch

NEW YORK (Reuters) – Investors are grappling with how to play heavyweight U.S. technology shares, which are trading well above long-term valuations despite a sell-off last month that took some air out of the stocks.

After leading the rally back from the market’s March lows, the S&P 500 information technology sector has underperformed recently and was among the weakest within the S&P 500 in September.

The tech sector remains down about 8% since peaking on Sept. 2, compared with about a 5% decline in the S&P 500.

Even with the sell-off, the S&P 500 technology sector is trading at about 25 times forward earnings and at a nearly 55% premium to its 10-year average,

Weir Group to sell oil & gas division to Caterpillar for $405 million

October 5, 2020

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Adds details on the deal

Oct 5 (Reuters) – Weir Group Plc WEIR.L said on Monday it had agreed to sell its oil and gas division to U.S. heavy equipment maker Caterpillar Inc CAT.N for $405 million in cash, as the engineering company focuses on its mining business.

The deal, which follows a collapse in global oil prices and a swathe of sectoral bankruptcies, will have a $70 million U.S. cash tax benefit for Weir, and the net proceeds from the deal will reduce the group’s leverage, the company said.

The transaction includes Weir’s North American and international oil and gas operations, comprising its Pressure Pumping and Pressure Control business units, and associated after-market spares among other things.

Weir Group Chief Executive Officer Jon Stanton called the move a major milestone in transforming the group into a focused, premium mining technology business.

The company said the deal, which

New Zealand’s Fonterra to sell China dairy farms for $368 million to focus on home markets

October 4, 2020

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(Reuters) – New Zealand’s Fonterra <FCG.NZ> <FSF.NZ> said on Monday it has agreed to sell its farms in China for a total of NZ$555 million ($367.97 million) as the dairy producer continues to focus on the domestic market and reduce debt.

The company unveiled plans last year to halt overseas expansion after being criticised by the more than 10,000 farmers who make up its cooperative for its foray into countries like China and value added consumer products that were weighing on its profits.

“For the last 18 months, we have been reviewing every part of the business to ensure our assets and investments meet the needs of the Co-op today,” Chief Executive Officer Miles Hurrell said.

“Selling the farms is in line with our decision to focus on our New Zealand farmers’ milk.”

After the sale, the company will also be able to better prioritise its efforts in the foodservice,

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