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20:26
Report: Lockheed Martin Leads Ultra Maritime Acquisition Bid, Deal Valued at Around $3.5 Billion
Negotiations between both parties are ongoing, and the transaction may be announced as early as next week. As part of a competitive auction process, several other bidders are vying for Ultra Maritime. (Financial Times)
20:23
Major US stock market ETFs had mixed performances: gold ETF rose by 2%, emerging markets ETF fell by about 1.2%, and Nasdaq ETF dropped by over 1.7%.
The S&P 500 ETF closed down 0.13%, the soybean fund fell 0.33%, the agricultural product fund dropped 0.45%, the long US Dollar Index lost 0.53%, the Russell 2000 Index ETF declined 0.58%, the Emerging Markets ETF slipped 1.17%, and the Nasdaq 100 ETF dropped 1.73%.
20:19
Chinese electric vehicle battery component manufacturer Longdian Huaxin files for US IPO
Cantor, US Tiger Securities, and Fortune Securities are responsible for arranging this transaction. The company's revenue for the first quarter was $582.3 million, a year-on-year increase of 114%; first quarter adjusted EBITDA was $54.1 million, representing a year-on-year growth of 179%.
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