SHENZHEN, China, April 14, 2021 (GLOBE NEWSWIRE) -- IQE Limited, a leading tech firm focused on research, development and applications of innovative, cutting-edge technologies in the fields of Big Data and DeFi, announced that it will demonstrate its novel cryptocurrency arbitrage technology at its business seminar, which is will be held on April 20th, 2021. The demonstration will showcase the IQE Trading System's technological capabilities in arbitrage trading section through live execution of cryptocurrency arbitrage trading on Huobi Exchange, one of the world's top ten cryptocurrency exchanges by trading volume according to the rankings published on CoinMarketCap. Demonstration of cryptocurrency arbitrage trading will be jointly conducted by IQE Limited's tech team and will be live-streamed globally to all participants. The seminar will also include presentations on IQE Limited, its key businesses and the company's cryptocurrency arbitrage trading strategies as well as how the company applies its arbitrage trading technologies to the Multi-Exchange Crypto-Arbitrage Trading Pool (MCTP) to ensure risk diversification. The presentations will involve IQE Limited's Tech, Trading and Marketing teams. What makes this seminar and live demonstration particularly significant is that while there has been a lot of talk and excitement about IQE Limited's cryptocurrency arbitrage trading system and strategy of carrying out arbitrage trading on multiple exchanges, this is the very first time that the technology can be tangibly seen in action by interested parties outside of the company on Huobi as previous live demonstrations mainly showcased arbitrage trading on Binance. This gives the wider public deeper insights and understanding into IQE Limited's arbitrage trading operations. IQE Limited's Managing Director, Mr. Richard Kranenborg stated: "We are pleased to invite members and partners of our community to witness our arbitrage trading technology first-hand at our upcoming seminar. We have an ambitious goal of promoting the growth of DeFi through cryptocurrency arbitrage trading. We look forward to this demonstration which will allow people to see the validity and effectiveness of our arbitrage trading technology." Media contact Company: IQE Limited Contact: Carl Lee, PR Representative Telephone: +8619878087665 E-mail: firstname.lastname@example.org Website: https://iqe-treasure.com/ Address: 18B02-A, Anlian Building, 4018 Jintian Road, Futian District, Shenzhen, China (518038)
Michael Fulmer earned his first win since 2018 and the Detroit Tigers built a big lead before holding off the short-handed Houston Astros 6-4 Wednesday night for a three-game sweep. Outscored 14-4 in losing the first two games with a full roster, the Astros went into the wrapup after putting five players, including stars José Altuve, Alex Bregman and Yordan Álvarez, on the COVID-19 injured list. Jeimer Candelario had three hits and two RBIs for Tigers, who took advantage of a wild performance by Lance McCullers Jr. (1-1) to pile up six runs in four innings with only a double and a smattering of singles.
In a statement, the Chinese music-streaming company said Zhu "Ross" Liang has been named CEO, and Cussion Kar Shun Pang has been appointed chairman of the board.
Suffolk County Police Commissioner is resigning and taking a job at Hofstra University.
A fourth night of protests was underway in Minnesota and throughout the nation Wednesday over the fatal shooting of Daunte Wright by police.
Stephen Curry scored 25 of his 42 points in the third quarter, and the Golden State Warriors ran away from the Oklahoma City Thunder 147-109 on Wednesday night. Curry went 8 for 8 from the field and made all six of his 3-point attempts in the third quarter to post his high point total for a quarter this season. Draymond Green had a triple-double with 12 points, 16 assists and 10 rebounds for the Warriors.
NEW ORLEANS, April 14, 2021 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors of pending deadlines in the following securities class action lawsuits: Canoo Inc. (GOEV, GOEVW)Class Period: 8/18/2020 - 3/29/2021Lead Plaintiff Motion Deadline: June 1, 2021SECURITIES FRAUDTo learn more, visit https://www.claimsfiler.com/cases/view-canoo-inc-securities-litigation Amdocs Limited (DOX)Class Period: 12/13/2016 - 3/30/2021Lead Plaintiff Motion Deadline: June 8, 2021SECURITIES FRAUDTo learn more, visit https://www.claimsfiler.com/cases/view-amdocs-limited-securities-litigation-1 FibroGen, Inc. (FGEN)Class Period: 11/8/2019 - 4/6/2021Lead Plaintiff Motion Deadline: June 11, 2021SECURITIES FRAUDTo learn more, visit https://www.claimsfiler.com/cases/view-fibrogen-inc-securities-litigation If you purchased shares of the above companies and would like to discuss your legal rights and your right to recover for your economic loss, you may, without obligation or cost to you, contact us toll-free (844) 367-9658 or visit the case links above. If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline. About ClaimsFiler ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations. To learn more about ClaimsFiler, visit www.claimsfiler.com
(Bloomberg) -- The People’s Bank of China signaled its intentions to maintain just enough medium-term liquidity in the banking system, while at the same time seeking to contain rising leverage.The central bank injected 150 billion yuan ($23 billion) into the financial system on Thursday with its medium-term lending facility. That more-or-less matches the 100 billion yuan due today and 56.1 billion yuan of targeted loans maturing on April 25. While Chinese stocks fell there was little reaction in money markets.Beijing is providing just enough cash at a time banks are assisting corporate clients to pay taxes, and as sales of government bonds are forecast to accelerate. Investors have been trying to weigh the PBOC’s intentions after it withdrew a net 40.5 billion yuan of one-year funds in the first quarter, even as policy makers address the twin challenge of a buildup in leverage, while supporting the economic recovery from the pandemic.“The expectation in the market is that the central bank will gradually tighten its liquidity as it seeks policy normalization after the pandemic,” said Zhang Gang, Shanghai-based strategist at Central China Securities Co. The move is hurting equities, he added.Liquidity worries have ricocheted through China’s financial markets, with the main equity gauge falling from the highest in more than a decade and the benchmark money-market rate jumping to a three-year high in February. The PBOC’s stance also suggests it isn’t concerned about possible contagion from the recent credit stress engulfing China Huarong Asset Management Co., one of the nation’s largest distressed-debt managers.The benchmark Shanghai Composite Index slipped as much as 1.3% to a three-week low. The seven-day repurchase rate -- a gauge of interbank funding costs -- was little changed at 2.04%.‘Bit Disappointing’The operation “is a bit disappointing to the bond market and funding costs will rise,” said Xing Zhaopeng, senior China strategist at Australia & New Zealand Banking Group Ltd. in Shanghai. The PBOC is likely to add more cash through seven-day reverse-repurchase agreements to plug the liquidity gap as the tax payment season starts later this month, he said.To be sure, banks aren’t suffering from a severe shortage in cash. The seven-day repurchase rate is close to its average level for the past year, and the 10-year sovereign bond yield is near its lowest level in more than two months. Of the analysts surveyed by Bloomberg, two had forecast a neutral stance from the PBOC, with the third seeing a gross injection of 150 billion yuan to 200 billion yuan.(Updates with analyst comment in fourth paragraph, stock and money market gauges in sixth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Buzzy Cohen first appeared on Jeopardy! in 2016 before winning the Tournament of Champions the following year
Carlos Rodn threw the 20th no-hitter in White Sox history. But a ninth-inning pitch off Roberto Prez's foot spoiled his shot at the 24th perfect game in baseball history.
NEW YORK, April 14, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Root Inc. (“Root” or the “Company”) (NASDAQ: ROOT) and certain of its officers. The class action, filed in the United States District Court for the Southern District of Ohio, Eastern Division, and docketed under 21-cv-01197, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired: (a) Root securities between October 28, 2020 and March 8, 2021, both dates inclusive (the “Class Period”); and/or (b) Root Class A common stock pursuant and/or traceable to the Offering Documents (defined below) issued in connection with the Company’s initial public offering conducted on or about October 28, 2020 (the “IPO” or “Offering”). Plaintiff pursues claims against the Defendants under the Securities Act of 1933 (the “Securities Act”) and the Securities Exchange Act of 1934 (the “Exchange Act”). If you are a shareholder who purchased Root securities during the Class Period and/or pursuant and/or traceable to the IPO, you have until May 18, 2021 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at email@example.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. [Click here for information about joining the class action] Root provides insurance products and services in the U.S. The Company has historically focused on auto insurance and operates a direct-to-consumer model that serves customers primarily through mobile applications, as well as through the Company’s website. Leading up to and following the IPO, Root described itself as an innovator in the personal insurance space with a new data- and technology-driven business model that was ready to disrupt traditional insurance markets and capture disproportionate market share, in part because of the Company’s telematics-driven approach to insurance—i.e., the collection and transmission of vehicle-use data through devices. On October 5, 2020, Root filed a registration statement on Form S-1 with the SEC in connection with the IPO, which, after several amendments, was declared effective on October 27, 2020 (the “Registration Statement”). On October 28, 2020, Root conducted the IPO, selling 26.8 million shares of the Company’s Class A common stock to the public at $27.00 per share for total approximate proceeds of $724.43 million. On October 29, 2020, Root filed a prospectus on Form 424B4 with the SEC in connection with the IPO, which incorporated and formed part of the Registration Statement (the “Prospectus” and, together with the Registration Statement, the “Offering Documents”). The Offering Documents were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation. Additionally, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies. Specifically, the Offering Documents and Defendants made false and/or misleading statements and/or failed to disclose that: (i) Root would foreseeably fail to generate positive cash flow for at least several years following the IPO; (ii) accordingly, the Company would foreseeably require significant cash infusions to meet its cash flow needs; (iii) notwithstanding the Defendants’ touting of Root’s purportedly unique, data-driven advantages, several of the Company’s established industry peers in fact possessed significant competitive advantages over Root with respect to, inter alia, telematics data and data engagement; and (iv) as a result, the Offering Documents and Defendants’ public statements throughout the Class Period were materially false and/or misleading and failed to state information required to be stated therein. On March 9, 2021, Bank of America (“BofA”) Securities analyst Joshua Shanker (“Shanker”) initiated coverage of Root with an “Underperform” rating on the premise that the Company is unlikely to be cash flow positive until 2027, finding that Root “will require not insignificant cash infusions from the capital markets to bridge its cash flow needs.” Shanker also noted that insurers Progressive, Allstate, and Berkshire Hathaway’s Geico would continue to impede the Company’s profitability, with Progressive and Allstate having a “sizable advantage over Root in terms of amount of [telematics] data as well as engagement with the data” used to price their auto insurance. On this news, Root’s stock price fell $0.18 per share, or 1.46%, to close at $12.17 per share on March 9, 2021, representing a total decline of 54.93% from the Offering price. The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com CONTACT:Robert S. WilloughbyPomerantz LLPrswilloughby@pomlaw.com888-476-6529 ext. 7980
The toymaker is launching new toy cars based on electric models and making some from recycled materials.
Apartment Income REIT Corp. announces closing of a new $1.4 billion credit facility, first quarter 2021 leasing results, and increased 2021 guidance
Apr. 14—Broomfield Public Health issued a local public health order Tuesday enacting a simplified version of the state's color-coded restriction dial. Beginning Friday at 12:01 a.m., Broomfield will operate in Level Blue: Caution on the dial through May 15. Public Health Director Jason Vahling told City Council on Tuesday that the state announced it was devolving the dial to local officials, ...
NEW YORK, April 14, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Velodyne Lidar, Inc. (“Velodyne” or the “Company”) (NASDAQ: VLDR; VLDRW) and certain of its officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 21-cv-01736, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Velodyne securities between November 9, 2020 and February 19, 2021, inclusive (the “Class Period”). Plaintiff seeks to recover compensable damages caused by Defendants’ violations of the federal securities laws under the Securities Exchange Act of 1934 (the “Exchange Act”). If you are a shareholder who purchased Velodyne securities during the Class Period, you have until May 3, 2021 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at firstname.lastname@example.org or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. [Click here for information about joining the class action] Velodyne provides solutions to develop safe automated systems including real-time surround view lidar sensors. The Company became a public entity on or about September 29, 2020 when it merged with Graf Industrial Corp., a special purpose acquisition company. The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that certain of Velodyne’s directors had failed to operate with respect, honesty, integrity, and candor in their dealings with the Company’s officers and directors; (2) that the Company was investigating the foregoing matters; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. On February 22, 2021, Velodyne announced that the Board had “removed David Hall as Chairman of the Board and terminated Marta Hall’s employment as Chief Marketing Officer of the Company” after the Audit Committee’s investigation “concluded that Mr. Hall and Ms. Hall each behaved inappropriately with regard to certain Board and Company processes, and failed to operate with respect, honesty, integrity, and candor in their dealings with Company officers and directors.” In addition, the Company announced that Velodyne’s Board formally censured Mr. Hall and Ms. Hall, but that they would remain directors of Velodyne. On this news, Velodyne’s common stock fell $3.14, or approximately 15%, to close at $17.97 per share on February 22, 2021, on unusually heavy trading volume. Additionally, Velodyne’s warrants fell $1.47, or approximately 20%, to close at $5.90 per warrant on February 22, 2021. The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com CONTACT: Robert S. Willoughby Pomerantz LLP email@example.com 888-476-6529 ext. 7980
A glaring example of a tough few years for Quick.
"It took me 30 years to get her and it took a drunk driver seconds to take her from me," he said.
The Nets drew a clear line in the sand on Wednesday, prioritizing extreme caution when it comes to the health of their superstar trio over a tiebreaker with the 76ers for the East's No. 1 seed.
The House Judiciary Committee voted 25 to 17 Wednesday to advance a bill that would create a commission to study reparations for Black Americans who are the descendants of slaves. Why it matters: "No such bill has ever come this far during Congressional history of the United States," said Rep. Sheila Jackson Lee (D-Texas), who sponsored the bill, per the Washington Post. Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeThe same reparations bill advanced on Wednesday was first introduced in the House in 1989, but never received a committee vote.The racial justice protests of 2020 have given new wind to the movement to pass reparations legislation, but the bill still faces formidable Republican opposition.Details: If passed, the bill would create a 13-person commission to "study the effects of slavery and racial discrimination, hold hearings and recommend "appropriate remedies" to Congress," per the Post.What form these remedies would take is still up for debate. Jackson Lee told the Post that the committee would offer Congress a variety of proposals on how to end economic, health, and educational racial disparities.President Biden has affirmed his support for a study on reparations and is open to considering potential legislation recommended by the commission, NPR reports. Yes, but: Republicans remain firmly opposed to the idea of reparations."I don't think reparations for something that happened 150 years ago, for whom none of us currently living are responsible, is a good idea," Senate Minority Leader Mitch McConnell said in 2019.More from Axios: Sign up to get the latest market trends with Axios Markets. Subscribe for free
Starting with Chrome 90, Google will automatically try to create an encrypted connection with any websites you visit.