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市场新闻

America’s Car-Mart skids on pricing stock offering

BUZZ-America’s Car-Mart skids on pricing stock offering Updates with pricing details ** Shares of America’s Car-Mart CRMT.O down 13.8% at $43.06 premarket as follow-on offering prices ** CRMT set to open at lowest levels since Mar 2020, if losses hold ** Automotive retailer early Thurs announces 1.7 mln shares at $43, equating to ~$73 mln gross proceeds, with Jefferies as sole bookrunner ** Offering size increased from $65 mln targeted, prices at 13.9% discount to stock's Weds close ** Co in
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America’s Car-Mart skids on stock offering

BUZZ-America’s Car-Mart skids on stock offering ** Shares of America’s Car-Mart CRMT.O down 11.9% at $44.02 premarket as co plans equity raise ** CRMT could open at lowest levels since Mar 2020, if losses hold ** Automotive retailer late Weds announced $65 mln stock offering with Jefferies as sole bookrunner ** Co intends to use net proceeds to pay down its revolver, any remaining for general purposes ** Co has 6.4 mln shares outstanding for ~$320 mln market cap ** On Sept 4, CRMT fell ~16%
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Derivatives exchanges dip after Fed lowers interest rates

BUZZ-Derivatives exchanges dip after Fed lowers interest rates ** Shares of U.S. derivatives exchange operators fall after Federal Reserve cuts interest rates by half a percentage point ** CME CME.O and Cboe Global CBOE.Z down ~1% each ** While lower rates encourage IPOs and boost trading, they also reduce demand for hedging products such as deriva
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SKF to spin off automotive unit, list it on Nasdaq Stockholm

UPDATE 4-SKF to spin off automotive unit, list it on Nasdaq Stockholm Plans to spin off automotive company on Stockholm exchange in 2026 Will retain higher-margin industrial business Split supported by two of its major shareholders Adds context and analyst comments from paragraph 2 By Elviira Luoma and Marie Mannes STOCKHOLM, Sept 17 (Reuters) - Sweden's SKF SKFb.ST plans to split into two separate companies by spinning off its automotive business with a separate stock market listing, with the p
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Trump says he is not selling his shares of media company

UPDATE 5-Trump says he is not selling his shares of media company Adds detail and comments from Trump about trading halts By Alexandra Ulmer RANCHO PALOS VERDES, California, Sept 13 (Reuters) - Republican presidential candidate Donald Trump said on Friday he will not sell his shares in the company that owns his Truth Social platform when limits on selling are lifted in the coming days, driving up the stock after a recent selloff.
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