16 July, 2021 by The TZ Newswire Staff Comments Off on Round Hill raises $86.5m in share issue – far exceeding target
Round Hill raises $86.5m in share issue – far exceeding target
The news is further proof of the positive investor sentiment surrounding music rights today, and follows Hipgnosis Songs Fund also exceeding its minimum target for a share issue earlier this month. (Hipgnosis was aiming for $210 million, but due to an oversubscribed round, ended up with $215 million.) Source: In more good news for music’s value, Round Hill raises $86.5m in share issue – far exceeding target
16 July, 2021 by The TZ Newswire Staff Comments Off on A new SPAC has $325m to spend – and it’s got its eye on the music industry
A new SPAC has $325m to spend – and it’s got its eye on the music industry
Special Purpose Acquisition Companies are everywhere and they’re spending huge sums, from long-time Geffen Records President Neil Jacobson’s $200m IPO in New York, to Reservoir’s NASDAQ plans via SPAC merger, to Bill Ackman’s financial vehicle buying 10% of Universal Music Group. Now a new SPAC, launching in Europe, with over $300m at its disposal, could be another game-changer for the music industry. Source: A new SPAC has $325m to spend – and it’s got its eye on the music industry
16 July, 2021 by The TZ Newswire Staff Comments Off on Baker Hughes US oil rig count 380 vs 378
Baker Hughes US oil rig count 380 vs 378
US oil and gas drilling rig data
US drilling isn’t exactly exploding despite $70 oil. Projections for another 1 million barrels per day next year out of the US might fall far short.
16 July, 2021 by The TZ Newswire Staff Comments Off on The Ratings Game: An Intel deal for GlobalFoundries could either be a ‘huge distraction’ or a ‘great fit’
The Ratings Game: An Intel deal for GlobalFoundries could either be a ‘huge distraction’ or a ‘great fit’
Analysts are split on the merits of a possible deal between Intel Corp.
16 July, 2021 by The TZ Newswire Staff Comments Off on Position Exchange: The New Next-Gen Decentralized Trading and Exchange Platform
Position Exchange: The New Next-Gen Decentralized Trading and Exchange Platform
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16 July, 2021 by The TZ Newswire Staff Comments Off on A Commodities Downturn Could Actually Benefit the DBC ETF
A Commodities Downturn Could Actually Benefit the DBC ETF
Falling lumber prices could foreshadow a larger dip in commodities, which should open up value opportunities with the Invesco DB Commodity Index Tracking Fund (DBC A).
16 July, 2021 by The TZ Newswire Staff Comments Off on Top Ten: Weekend reads: Rising inflation and the Federal Reserve’s response to it
Top Ten: Weekend reads: Rising inflation and the Federal Reserve’s response to it
Also, retirement locations, how to fix a troubled pension fund, stock- and bond-market warnings, and child tax-credit payments.
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