#thank u netease for giving..

[jils-things]

and just like that i feel like exploding into a gazillion bits of pieces ..

[jobsearchtips02]

U.S. IPO market to reopen with a bang as the biggest offer of the year readies to cost

After a couple of months of slim pickings, the U.S. going public market is reopening with a bang today with the greatest offer of the year rates early Wednesday.

Warner Music Group Corp. is returning to public markets after nine years as a personal entity and raised $1.93 billion by selling 77 million shares priced at $25 each, the greater end of its $23 to $26 rate range. The company asked its lenders to postpone rates on Tuesday as the music market took a time out from routine activity to express solidarity with the protesters deciding after the death of George Floyd in Minnesota recently, according to media reports on Wednesday. It also increased the size of the offer from an original strategy to offer 70 million shares.

” It’s going to be the busiest week in quite a while,” stated Kathleen Smith, principal at Renaissance Capital, a provider of institutional research and IPO-related exchange-traded funds.

Warner Music, one of 3 large business that dominate the recorded-music market, is the moms and dad business for popular record labels consisting of Atlantic Records, Warner Records and Elektra Records, and mentions artists Ed Sheeran, Bruno Mars, Cardi B, Twenty One Pilots, Lizzo and Katy Perry in its filing.

See now: Here’s why Netflix and HBO Max are the leading streaming services worth spending for in June 2020

In its most recently completed financial year, which ended Sept. 30, 2019, the business had a profit of $258 million on profits of $4. In the two previous fiscal years, Warner Music had net earnings of $312 million and $149 million, and profits of $4.

After going public in 2005, Warner Music was taken personal by Access Industries Inc. in 2011 for $3.3 billion.

“ ‘ The efficiency of the IPO ETF is what fans the flames and drives issuance. And the deals that have priced are trading well, which gives financiers the confidence to look at new concerns.’. “

— Kathleen Smith, Renaissance Capital

Morgan Stanley, Credit Suisse and Goldman Sachs were lead underwriters on the offer, with BofA Securities, Citgroup and J.P. Morgan acting as joint bookrunners.

The IPO market has had a dry period throughout the coronavirus pandemic, with just a few little biotechs and blank-check business, or special purpose acquisition companies (SPACs) venturing forth, according to Renaissance’s Smith. Blank-check companies have no set service till they get a company or companies with the cash raised in an IPO.

See: Pliant Rehabs increases size of planned IPO to 9 million shares from 6 million

While the secondary market has actually been on fire– May’s dollar volume of share offerings is the biggest given that 2014, according to BTIG, as companies relocated to strengthen liquidity positions after the pandemic set in– new providers have actually had to wait for an equity-market healing from its pandemic lows, which looks to have shown up.

Profits from IPOs are down 64%so far in 2020, compared to the very same duration a year back. The variety of offers that have been completed is down 42%from a year ago, leaving out SPACs, Smith stated.

However the Renaissance IPO ETF has set fresh records in current weeks, thanks to the inclusion in the fund of recently public digital companies and others that are taking advantage of working-from-home products and services, such as Zoom Video Communications Inc. ZM,. 1.92%, Slack Technologies Inc. WORK,. 3.22% and biotech Moderna Inc. MRNA,. -3.71%, which is establishing a COVID-19 vaccine, she stated.

The ETF has actually acquired 26%in the previous month and is up 21%on the year, easily outshining the S&P 500’s. SPX,. 0.82% one-month gain of 8.4%and year-to-date decrease of 5%.

For more, check out: Moderna’s stock skyrockets, then dips, after concerns arise around the minimal information shared about its COVID-19 vaccine

” The performance of the IPO ETF. IPO,. 1.12% is what fans the flames and drives issuance,” she said. “And the offers that have priced are trading well, which offers investors the self-confidence to take a look at new issues.”

Warner Music and other personal business that come to market soon “will get the red-carpet treatment,” she stated.

In an additional indication of enhanced market belief, ZoomInfo Technologies Inc. ZI,. , a platform that produces sales leads for companies, raised the expected cost variety for its organized offer early Tuesday to $19 to $20 a share from a previous variety of $16 to $18 The business is preparing to offer 44.5 million shares to raise $890 million at the top of that range.

J.P. Morgan and Morgan Stanley are underwriting the deal. For the three months ended March 31, the business tape-recorded a loss of $5.9 million, narrower than the loss of $402 million published in the year-earlier duration. Earnings approximately doubled to $1022 million, from $546 million.

2 other pending offers will provide ideas as to financier appetite for new paper: Chinese video gaming company NetEase Inc. NTES,. 2.78%, which is preparing a secondary listing for its stock on the Hong Kong exchange on June 11, and online use-car seller Vroom Inc. VRM,. , which is hoping to record part of the market that rival Carvana Co. CVNA,. 1880% has enjoyed given that it went public in 2017.

” NetEase will be a test of whether Chinese IPOs can get done, and Vroom will evaluate cravings for money-losing but fast-growing business,” stated Smith.

NetEase’s move is viewed as protective as the U.S. punish Chinese listings and looks for higher disclosures from companies.

See also: America’s risk to delist Chinese business could make everyone better off

Related: Luckin Coffee shows how dangerous Chinese IPOs can be, but investors are simply not listening

Vroom reported a first-quarter net loss of $271 million, narrowing from $411 million in the year-ago duration. Vroom’s income increased to $3758 million from $2351 million a year ago. Vroom’s revenue is mostly from its retail automobile sales, which accounted for $3087 million in the very first quarter.

After that, Smith is expecting a burst of activity in the summer season, when the lots of venture-capital- and private-equity-backed companies presently on the sidelines concern market to raise much-needed capital.

The November governmental election is expected to prompt another pause in activity, if 2020 behaves like a typical election year, she said.

See also: These 2 charts show why record-high stock valuations shouldn’t fret financiers

Read More

from Job Search Tips https://jobsearchtips.net/u-s-ipo-market-to-reopen-with-a-bang-as-the-biggest-offer-of-the-year-readies-to-cost/

[duongthanhdt]

BTS Wins Album Of The Year At The 33rd Golden Disc Awards

New Post has been published on http://www.btsvfan.com/bts-wins-album-of-the-year-at-the-33rd-golden-disc-awards/

BTS Wins Album Of The Year At The 33rd Golden Disc Awards

BTS has earned another Daesang to their name!

Held at the Gocheok Sky Dome on January 6, the second day of the two-part 33rd Golden Disc Awards recognized achievements in the physical album releases category.

BTS was awarded Album of the Year (Disc Daesang), as well as Album Division Bonsang, NetEase Music Golden Disc Popularity Award, and U+ Idol Live Popularity Award. They also won Bonsang in the digital music category and the 2019 Global V Live Top 10 Best Artist award during the first day of the award ceremony, which took place on January 5 at recognized digital releases. In all, they took home six awards across both days of the 33rd Golden Disc Awards.

Leader RM first expressed, “First of all, without a doubt, I would like to dedicate this honor to all the ARMYs who are currently watching this moment. Thank you. I was really happy in 2018. It was a year where we could see the hard work we put in since before debut come to fruition. Many generous and honorable words and terms were also used to describe us, BTS. To be honest, those descriptions were a little excessive, burdensome, and also felt heavy. That’s why, I feel that we may have had a hard time because of those many descriptions at the beginning of last year. I think we felt dejected, wondering if we were overfilling our plate, past our ambitions, if this was really what we wanted.

“If you think about it, I think it’s each to their own when it comes to names and descriptions. I feel like many people may have been shocked or horrified when they first heard our name ‘Bangtan Sonyeondan‘ [Bulletproof Boy Scouts]. The group name was actually decided back in 2010, and we’ve said this before, but we hid our name until we debuted. If someone asked what it was, we used to say, ‘It hasn’t been decided yet.’ However, the name Bangtan Sonyeondan, or Bangtan, or BTS, is quite natural now, isn’t it? It suits us well, right? That’s why, we will work hard to live up to those many descriptions that gave us a hard time. If we do better, I believe that those generous and humbling descriptions will someday seem as natural and fitting as our group name BTS.

“Really, thank you. After we first received Rookie of the Year [at the 28th Golden Disc Awards in 2014], our wish was to receive a Bonsang the following year. It took us four and a half years to receive our first Daesang [here] and now we’re standing here right now. We see ourselves as merely borrowing this position. We will continue to sincerely work hard with each other and our agency and never act in an embarrassing or arrogant manner. I love you.”

Going off of RM’s speech about BTS’s name, Jungkook said, “RM said that BTS’s name was really embarrassing at first, but I entered our agency because of BTS. Our group name feels really natural to me. We never thought that we would become singers who receive Daesangs like this, but I do think we had some kind of belief that we would succeed. We were confident that we would. I feel like I’ve spent every year happily because I’ve been able to form a good connection with each and every ARMY. I’m also looking forward to 2019, and I want to continue moving forward with everyone, happily, in 2019 as well. I continue to leave BTS in your hands.”

J-Hope added, “We’re really working hard on the production of a new album, so please look forward to it.” V concluded, “This year is the Year of the Golden Pig [according to the Chinese Zodiac]. I was born in the Year of the Golden Pig. Jimin and I will give all the luck and blessings we receive to ARMYs. I hope you only experience loads of happiness.”

Congratulations to BTS! Check out their encore of “IDOL” below, as well as their performances during the show here.