Revere Medical (TASE:) Enters into Agreement to Acquire CareMax’s Management Services OrganizationAgreement in Principle Reached with Stalking Horse for Core Centers’ AssetsSale Transactions to be Implemented Through an Expedited Prearranged Chapter 11 Plan Supported by 100% of CareMax’s Secured LendersCareMax Secures $30.5 Million in Debtor in Possession Financing to Support Operations and Continuing Provision of Healthcare Services (NASDAQ:) Throughout Restructuring Process MIAMI–(BUSINESS WIRE)–CareMax, Inc. (NASDAQ: CMAX; CMAXW) (CareMax or the Company), a leading technology-enabled value-based care delivery system, today announced it has entered into an agreement to sell its management services organization and also announced a sale process for the…
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(Bloomberg) — Most Asian stocks are set to fall early Monday as traders rein in expectations of Federal Reserve easing and come to terms with the cost of President-elect Donald Trump’s proposed fiscal and trade policies. Most Read from Bloomberg Australian shares fell while equity futures in Japan and mainland China pointed to losses. Contracts in Hong Kong edged higher. US futures were steady after the S&P 500 slid 1.3% on Friday to erase more than half of its gains following the US election. A soft start risks extending last week’s global selloff as investors price the prospect of Trump’s…
By Manuel Ausloos and Gus Trompiz PARIS (Reuters) – Farmers will protest across France on Monday as the prospect of a trade deal between European and Mercosur countries sharpens discontent over foreign competition that fuelled a farming crisis earlier this year. A push by the European Union and South America’s Mercosur bloc to conclude long-running trade negotiations by the end of the year has rekindled anger in France. Similar frustration was voiced by farmers across Europe last winter after a surge in imports from Ukraine following Russia’s invasion. However, the mood in France has soured further, after rain-hit harvests, livestock…
(Reuters) – One person has died and at least 39 others made ill by E. coli infections linked to fresh carrots sold by several large grocery retailers in 18 states, the U.S. Centers for Disease Control and Prevention said on Sunday. The CDC said in a statement that the infections are linked to whole bagged carrots and baby carrots sold by Grimmway Farms in California. Walmart (NYSE:), Target (NYSE:), Kroger (NYSE:), Whole Foods and Trader Joe’s, among other stores, retail the carrots under a variety of brand names. The carrots are unlikely to still be on store shelves, the CDC…
We recently compiled a list of the ARK Invest Stock Portfolio: Top 10 Stock Picks for 2024. In this article, we are going to take a look at where Palantir Technologies Inc. (NYSE:PLTR) stands against ARK Invest’s top stock picks for 2024. ARK Investment Management LLC, more commonly known as ARK Invest, is an American investment management firm headquartered in St. Petersburg, Florida, that oversees several actively managed ETFs. It was registered in 2014 by Catherine Wood, who is known for making big bets on disruptive technology like self-driving carse and genomics. The investment fund has around $6.7 billion in assets…
Since its founding in 1929 in the aftermath of Black Tuesday, Lord Abbett has been a leader in asset management, with a reputation for performance, innovation, and leadership. Source link
(Bloomberg) — A two-month slump has all but wiped out the US Treasury market’s gains for the year, as traders brace for Donald Trump’s return and also the chance of slower interest-rate cuts from the Federal Reserve. Most Read from Bloomberg A Bloomberg index of Treasury returns has seen its 2024 advance shrink to about 0.7% from a peak of 4.6% on Sept. 17, the day before the Fed reduced borrowing costs for the first time since 2020. It marks a disappointing run of losses in the world’s biggest bond market, which has been battered by signs of a resilient…
KYIV (Reuters) – Ten people, including two children, were killed and 52 were injured on Sunday night when a Russian missile hit a residential nine-storey building in Ukraine’s northeastern region of Sumy, Ukraine’s emergency services and military said. “Sunday evening for the city of Sumy became hell, a tragedy that Russia brought to our land,” Volodymyr Artyukh, the head of the Sumy military administration said in a post on the administration’s Telegram messaging channel. The State Emergency Service of Ukraine said on Telegram that rescuers and all necessary services continued to work at the scene and psychologists were providing assistance…
Host Pete Hegseth during “FOX & Friends” at Fox News Channel Studios on May 27, 2022 in New York City.Roy Rochlin | Getty ImagesFormer Fox News host Pete Hegseth’s attorney on Sunday confirmed to NBC News that Hegseth, whom President-elect Donald Trump has named as his candidate for defense secretary, paid a woman an undisclosed amount after she accused him of sexual assault.”In 2023, Hegseth paid the complainant as part of a civil confidential settlement agreement and maintains his innocence,” Timothy Parlatore, Hegseth’s attorney, said in a statement.He also denied that the encounter between Hegseth and an unnamed woman, which…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets could be in for a rocky ride on Monday, as rising U.S. bond yields, a surging dollar and a wobble on Wall Street on Friday call into question the wisdom of buying local assets. Fed Chair Jerome Powell’s comments on Thursday – that the central bank is in no rush to lower interest rates – continue to reverberate around world markets. The on Friday hit 4.50% for the first time in over five months, and Wall Street fell. The Nasdaq lost more than 2%…