Shares of Chinese autonomous-driving software developer Momenta Global made a muted debut on the Hong Kong Stock Exchange on Wednesday, reflecting cautious investor sentiment despite the company’s successful HK$5.89 billion ($751 million) initial public offering, according to Reuters. The stock opened at HK$301, slightly above its IPO price of HK$295.60. It climbed to an intraday […]
Private equity firm Longpoint Partners has paid $38.8 million for a 121,579-square-foot industrial complex in Miami-Dade County. The property includes three warehouses, two totaling 94,500 square feet at 7200 Northwest 84th Avenue and the third spanning 27,079 square feet at 8251 Northwest 70th Street. All three are in Medley about half a mile west of […]
Shares of Kalyan Jewellers India climbed as much as 6.5% to an intraday high of Rs 378 on the BSE on Wednesday after the company reported an estimated 38% year-on-year growth in consolidated revenue for the first quarter of FY27. The company attributed the performance to strong operating momentum and healthy same-store sales growth across […]
by Calculated Risk on 1/07/2026 10:00:00 AM From the BLS: Job Openings and Labor Turnover Summary The number of job openings was little changed at 7.1 million in November, the U.S. Bureau of Labor Statistics reported today. Over the month, hires were little changed and total separations were unchanged at 5.1 million each. Within separations, […]
Anthropic has begun making its agentic experience, Claude Cowork, available on mobile and web in beta for members of its Max plan and expects to expand that access to other plans. Previously available only as a desktop app, Cowork will now be able to be accessed via phone, to continue working in the background when a device is offline, […]
There are no easy solutions for brokers in such a situation. Donaldson said common steps might include changing lenders, ordering a new appraisal, and showing them a comparison with reasons why the broker believes the value is there. That can mean the broker’s role might more closely resemble project management than sales. “As a mortgage […]
A $6 billion Commonwealth/LPL Financial team has split off to become a hybrid registered investment advisor, while keeping ties to LPL Financial as its custodian and broker/dealer. Bartholomew & Company, which is based in Worcester, Mass., announced Monday it was launching as a hybrid RIA, with its roughly 5,000 clients moving from Commonwealth custodian Fidelity […]
Joseph Kavanagh Co. has completed the sale of its corporate headquarters and manufacturing facility at 8100 Lynhurst Road in Dundalk, Maryland, to Titan Steel Corporation for $2.3 million. MacKenzie Commercial Real Estate Services Senior Vice President and Principal Andrew Meeder, SIOR, and Matthew Curran, together with Real Estate Advisor Alton Curry, represented Joseph Kavanagh Co. in the […]
A cargo plane traveling from the UAE to Pakistan went missing on Tuesday, carrying five crew members. The plane, a Boeing 737 labeled AP-BOI, disappeared from radar off the coast of Karachi, Pakistan, about 80 minutes into its two-hour flight from Sharjah, UAE. The Pakistan Airports Authority said in a series of X posts on […]