Author: Investor Empires
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IWG Founder Sells £68.5m in Shares to Repay Bank Loan
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Mark Dixon, founder and chief executive of IWG, has sold a significant stake in the serviced office company, worth £68.5m, to repay a bank loan. Despite the sale, Dixon (64 years old) still maintains a 25.2% stake in the company. Dixon disposed of 35 million shares at just under 196p…
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IWG Founder Sells £68.5m in Shares to Repay Bank Loan
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Mark Dixon, founder and chief executive of IWG, has sold a significant stake in the serviced office company, worth £68.5m, to repay a bank loan. Despite the sale, Dixon (64 years old) still maintains a 25.2% stake in the company. Dixon disposed of 35 million shares at just under 196p…
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U.S. Consumer Confidence Improved for the First Time in Four Months
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The Conference Board reported a stronger than expected consumer confidence reading at 102.0 versus 96.0 for May while the previous month’s reading enjoyed an upgrade from 97.0 to 97.5. Components of the May report revealed that the Current Conditions Index, which is based on consumers’ assessment of current business and…
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U.S. Consumer Confidence Improved for the First Time in Four Months
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The Conference Board reported a stronger than expected consumer confidence reading at 102.0 versus 96.0 for May while the previous month’s reading enjoyed an upgrade from 97.0 to 97.5. Components of the May report revealed that the Current Conditions Index, which is based on consumers’ assessment of current business and…
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This Frog-Themed Meme Coin Hit an ATH After a 120% Monthly Surge (Hint: It’s not PEPE)
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Turkish lire; Dr The price of a frog-themed cryptocurrency has surged 130% in the past month, reaching an all-time high of $0.09 and a market cap of $900 million. Analysts expect further gains and a potential market value rise towards the $1.5 billion mark. The next crypto sensation? The ever-evolving…
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This Frog-Themed Meme Coin Hit an ATH After a 120% Monthly Surge (Hint: It’s not PEPE)
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Turkish lire; Dr The price of a frog-themed cryptocurrency has surged 130% in the past month, reaching an all-time high of $0.09 and a market cap of $900 million. Analysts expect further gains and a potential market value rise towards the $1.5 billion mark. The next crypto sensation? The ever-evolving…
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Investing into the creation of low-cost, solvent-free canola & hemp proteins
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on May 29, 2024 • 5 minute…
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Investing into the creation of low-cost, solvent-free canola & hemp proteins
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on May 29, 2024 • 5 minute…
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With one week until the Bank of Canada decision, what’s priced in?
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Macklem We are one week away from the Bank of Canada’s interest rate decision on June 5 and it looks like it will be tense in the FX market. Currently, the market expects a 61% chance of a rate cut and a 39% chance of no change to the 5.00%…
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With one week until the Bank of Canada decision, what’s priced in?
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Macklem We are one week away from the Bank of Canada’s interest rate decision on June 5 and it looks like it will be tense in the FX market. Currently, the market expects a 61% chance of a rate cut and a 39% chance of no change to the 5.00%…
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XRP Attorney Slams SEC, Calls for Immediate Resignation of Gensler
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Prominent pro-XRP attorney John Deaton has called for SEC Chairman Gary Gensler to step down, in the wake of several high-profile court disputes and growing disapproval of the SEC’s regulatory strategy under Gensler. Deaton’s criticism of Gensler intensified Deaton has been a vocal critic of the SEC’s strategy, particularly highlighting…
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XRP Attorney Slams SEC, Calls for Immediate Resignation of Gensler
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Prominent pro-XRP attorney John Deaton has called for SEC Chairman Gary Gensler to step down, in the wake of several high-profile court disputes and growing disapproval of the SEC’s regulatory strategy under Gensler. Deaton’s criticism of Gensler intensified Deaton has been a vocal critic of the SEC’s strategy, particularly highlighting…
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7-Eleven shuts down in Israel
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Another international brand today officially joined the list of international chains that have failed in their attempts to appeal to Israeli tastes as the 7 Eleven franchise has ceased, just 18 months after opening its first outlet in the country. Israeli franchising company Electra Consumer Products (TASE: ECP) announced in…
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Gemini customers get back over $2 billion in crypto from Genesis bankruptcy By Reuters
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Written by Dietrich Knuth NEW YORK (Reuters) – Bankrupt cryptocurrency bank Genesis and cryptocurrency exchange Gemini have returned more than $2 billion in cryptocurrencies to 232,000 retail customers in their jointly managed Gemini Earn program, giving customers a 242% return on assets locked since January 2023, they said. Gemini reported…
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Fold Will Be Your Bitcoin Bank With CEO Will Reeves
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Founders: Will Reeves and Matt Longo Date of Establishment: 2014; Latest company release: 2019 Headquarters location: far The amount of Bitcoin held in the vault: “Stacking since the founding of Fold” Number of Employees: 22 website: https://foldapp.com/ Public or private? private Will Reeves wants Fold to be your Bitcoin bank.…
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Dick’s Sporting Goods stock surges on raised outlook, Bank of America upgrades to Buy By Investing.com
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(Updated – May 29, 2024 at 9:59 AM EST) Dick’s Sporting Goods (NYSE:) stock jumped more than 15% on Wednesday after the company reported a strong first quarter with earnings and revenue topping analysts’ expectations, prompting the company to raise its full-year guidance. The sporting goods retailer reported adjusted EPS…
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4XC Sponsors Tennis Talent Hamad Medjedovic
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We have heard that 4XC is sponsoring rising tennis star Hamad Medjedovic. How did this partnership come about and why did you choose him? Joao Montero: We officially announced the partnership a few days ago, but Hamad Medjidovic has already competed in two tournaments wearing the 4XC jersey with recent…
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Research Firm Predicts Ethereum Explosion To $15,000 With ETFs
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said Michael Nadeau, founder of The DeFi Report published An in-depth look at the implications of the approval of exchange-traded funds (ETFs) for Ethereum (ETH) on the cryptocurrency’s price trajectory. This analysis comes on the heels of significant regulatory approval from the US Securities and Exchange Commission (SEC), which approved…
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US futures sink as rising Treasury yields rattle nerves
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Dow Jones futures fell more than 200 points as US stocks entered the red on Wednesday, after a rise in Treasury yields unnerved investors already considering whether the latest data will change the direction on interest rates. Dow Jones Industrial Average (YM=F) and S&P 500 (ES=F) futures fell 0.6%, after…
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JPMorgan shares their 2024 outlook By Investing.com
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As we head into the second half of 2024, investors are keenly looking to currency movements for indications of how the forex market will shape up over the next few months. In this context, JP Morgan issued its forecasts for the US dollar. The bank’s analysis addresses various economic forces…