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Staff reporter Chinese courier giant SF Holding priced its shares at HK$34.3 - the mid-range of its offer price - raising HK$5.83 billion and making it the second-largest listing in the city so far this year. If the over-allotment option is exercised, the total fundraising will increase to HK$6.7 billion. SF's sale exceeded the HK$5.4 billion raised by Horizon Robotics (9660) last month and is second after Midea's (0300) initial public offering which was worth HK$31 billion. It is scheduled to start trading on Wednesday. SF's A shares dipped 2.2 percent to 41.16 yuan (HK$44.19) apiece last Friday, 28.8 percent higher than the offer price. SF offered 170 million shares at a price range between HK$32.3 and HK$36.3 apiece. It attracted HK$47.3 billion in margin loans for 16.15 million shares, making the retail tranche 79 times oversubscribed. For the book-building in Hong Kong, SF asked for a minimum investment of HK$7,332.2 per board lot of 200 shares. SF said 45 percent of net proceeds will be used to strengthen its international and cross-border logistics capabilities, and 35 percent will be used to research and develop advanced technologies and digital solutions, upgrade supply chain and logistics services and implement green initiatives. The remaining 10 percent of funds will be used for working capital and general corporate purposes. Meanwhile, two more mainland companies will close their book-building. Hangzhou Jiuyuan Gene Engineering ends its share sale today, with the retail tranche 48 times oversubscribed and freezing funds worth HK$2.74 billion as of last Friday. And Mokingran Jewellery closes its books tomorrow, with the retail tranche twice oversubscribed after attracting HK$195 million in margin loans.NEW YORK (AP) — Thousands of Microsoft 365 customers worldwide reported having issues with services like Outlook and Teams on Monday. In social media posts and comments on platforms like outage tracker Downdetector, some impacted said that they were having trouble seeing their emails, loading calendars or opening other Microsoft 365 applications such as Powerpoint. Related Articles National News | FDA authorizes clinical trials to study cannabis use for veterans with PTSD National News | Thanksgiving travel live updates: Airport strikes, winter storms expected to cause delays National News | Special counsel moves to dismiss election interference, classified documents cases against Trump National News | Joe Biden begins final White House holiday season with turkey pardons for ‘Peach’ and ‘Blossom’ National News | Warren Buffett gives away another $1.1B and plans for distributing his $147B fortune after his death Microsoft acknowledged “an issue impacting users attempting to access Exchange Online or functionality within Microsoft Teams calendar” earlier in the day. In updates posted on X, the social media platform formerly known as Twitter, the company’s status page said it identified a “recent change” that it believed to be behind the problem — and was working to revert it. Microsoft shared that it was deploying a fix — which, as of shortly before noon E.T., it said had reached about 98% of “affected environments.” Still, the company’s status page later added , targeted restarts were “progressing slower than anticipated for the majority of affected users.” As of midday Monday, Downdetector showed thousands of outage reports from users of Microsoft 365 , particularly Outlook . Click to share on Facebook (Opens in new window) Click to share on X (Opens in new window) Most Popular Underground fire still burning at Williamsburg Premium Outlets; officials advise caution Underground fire still burning at Williamsburg Premium Outlets; officials advise caution 7 people in custody after barricade situation in Norfolk 7 people in custody after barricade situation in Norfolk Underground fire causes partial parking lot collapse at Williamsburg Premium Outlets Underground fire causes partial parking lot collapse at Williamsburg Premium Outlets One nation, under watch: Flock Safety cameras help the police solve crime. But how much should privacy matter? One nation, under watch: Flock Safety cameras help the police solve crime. But how much should privacy matter? 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But how much should privacy matter? Lizzo shows off dramatic weight loss in new photos Lung cancer is the leading cause of cancer deaths here in Florida. Here’s why After bankruptcy court, Spirit sees future as a higher value airline ‘for years to come’Mutual of America Capital Management LLC trimmed its stake in Moderna, Inc. ( NASDAQ:MRNA – Free Report ) by 1.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 41,598 shares of the company’s stock after selling 399 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Moderna were worth $2,780,000 as of its most recent filing with the SEC. Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC acquired a new position in shares of Moderna in the 2nd quarter valued at about $26,000. Family Firm Inc. acquired a new position in Moderna during the second quarter valued at approximately $33,000. Bank & Trust Co purchased a new stake in Moderna during the second quarter worth approximately $36,000. Hanseatic Management Services Inc. acquired a new stake in shares of Moderna in the second quarter worth $48,000. Finally, Plato Investment Management Ltd raised its stake in shares of Moderna by 230.4% in the 2nd quarter. Plato Investment Management Ltd now owns 413 shares of the company’s stock valued at $49,000 after acquiring an additional 288 shares during the period. Institutional investors and hedge funds own 75.33% of the company’s stock. Analysts Set New Price Targets Several brokerages recently issued reports on MRNA. Jefferies Financial Group lowered their price target on Moderna from $65.00 to $55.00 and set a “hold” rating for the company in a report on Tuesday, October 15th. Piper Sandler reiterated an “overweight” rating and set a $69.00 target price (down from $115.00) on shares of Moderna in a report on Monday, November 18th. HSBC upgraded Moderna from a “hold” rating to a “buy” rating and set a $58.00 price target for the company in a report on Monday, November 18th. Deutsche Bank Aktiengesellschaft upgraded shares of Moderna from a “sell” rating to a “hold” rating and dropped their price objective for the company from $85.00 to $80.00 in a research note on Wednesday, August 7th. Finally, UBS Group decreased their target price on shares of Moderna from $140.00 to $108.00 and set a “buy” rating for the company in a research note on Thursday, October 24th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Moderna currently has an average rating of “Hold” and a consensus price target of $84.00. Moderna Price Performance MRNA opened at $41.11 on Friday. The company has a quick ratio of 4.20, a current ratio of 4.39 and a debt-to-equity ratio of 0.05. The company’s 50-day moving average price is $54.96 and its 200 day moving average price is $94.09. Moderna, Inc. has a fifty-two week low of $35.80 and a fifty-two week high of $170.47. The firm has a market cap of $15.82 billion, a price-to-earnings ratio of -7.06 and a beta of 1.69. Moderna ( NASDAQ:MRNA – Get Free Report ) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.89) by $1.92. Moderna had a negative return on equity of 17.68% and a negative net margin of 43.77%. The business had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same quarter in the previous year, the firm posted ($1.39) EPS. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. As a group, sell-side analysts expect that Moderna, Inc. will post -9.44 earnings per share for the current year. Insider Transactions at Moderna In related news, CFO James M. Mock sold 715 shares of Moderna stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $60.12, for a total value of $42,985.80. Following the sale, the chief financial officer now directly owns 9,505 shares in the company, valued at $571,440.60. This trade represents a 7.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink . Over the last quarter, insiders sold 2,930 shares of company stock worth $217,170. Insiders own 15.70% of the company’s stock. Moderna Company Profile ( Free Report ) Moderna, Inc, a biotechnology company, discovers, develops, and commercializes messenger RNA therapeutics and vaccines for the treatment of infectious diseases, immuno-oncology, rare diseases, autoimmune, and cardiovascular diseases in the United States, Europe, and internationally. Its respiratory vaccines include COVID-19, influenza, and respiratory syncytial virus, spikevax, and hMPV/PIV3 vaccines; latent vaccines comprise cytomegalovirus, epstein-barr virus, herpes simplex virus, varicella zoster virus, and human immunodeficiency virus vaccines; public health vaccines consists of Zika, Nipah, Mpox vaccines; and infectious diseases vaccines, such as lyme and norovirus vaccines. Further Reading Want to see what other hedge funds are holding MRNA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Moderna, Inc. ( NASDAQ:MRNA – Free Report ). 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Bol Bowen 3-4 1-2 7, Ewin 7-10 3-5 17, Holt 1-3 2-4 5, Jackson 3-7 2-2 8, Watkins 5-6 2-4 14, Davis 1-4 3-4 6, Deng 4-6 0-0 10, Swinton 3-4 1-1 8, Thomas 3-3 2-4 10, Maluk 2-7 0-0 4, Nitu 0-1 0-0 0, Mbatch 1-1 0-0 2, Rozakeas 0-1 1-2 1, Jones 0-0 0-0 0, Simpson 0-0 0-0 0, Crawford 0-1 0-0 0. Totals 33-58 17-28 92. Hankins-Sanford 1-3 2-4 4, Rivera 4-12 3-4 12, Muhammad 0-1 0-0 0, Curry 4-9 8-9 17, Diggins 2-13 0-0 4, Guerengomba 3-11 3-3 10, Watson 1-2 2-5 4, Ndjigue 1-2 0-0 2, Worthy 0-3 2-4 2, Abdelgowad 0-0 0-0 0, Damjanac 0-0 0-0 0, Doumbia 2-2 0-0 4, Foster 0-0 0-0 0. Totals 18-58 20-29 59. Halftime_Florida St. 37-27. 3-Point Goals_Florida St. 9-18 (Thomas 2-2, Watkins 2-3, Deng 2-4, Holt 1-1, Swinton 1-1, Davis 1-2, Bol Bowen 0-1, Crawford 0-1, Rozakeas 0-1, Jackson 0-2), UMass 3-24 (Curry 1-2, Rivera 1-4, Guerengomba 1-6, Ndjigue 0-1, Watson 0-1, Worthy 0-2, Diggins 0-8). Rebounds_Florida St. 28 (Ewin 7), UMass 31 (Hankins-Sanford 13). Assists_Florida St. 25 (Jackson 6), UMass 8 (Diggins 4). Total Fouls_Florida St. 24, UMass 20.Hyderabad: Strongly condemning the attack on the residences of film personalities, chief minister A Revanth Reddy has directed the director general of police (DGP) and the city police commissioner to deal sternly while protecting the law and order situation in the city. In an X post, the chief minister ordered the police to keep a hawk eye on such incidents. The CM’s comments came after OUJAC activists threw tomatoes and damaged flower pots at Tollywood actor Allu Arjun’s residence, earlier in the day. సినీ ప్రముఖుల ఇళ్ల పై దాడి ఘటనను ఖండిస్తున్నాను. శాంతి భద్రతల విషయంలో కఠినంగా వ్యవహరించాల్సిందిగా రాష్ట్ర డీజీపీ, నగర పోలీసు కమిషనర్ ను ఆదేశిస్తున్నాను. ఈ విషయంలో ఎలాంటి అలసత్వాన్ని సహించేది లేదు. సంధ్య థియేటర్ ఘటనలో సంబంధం లేని పోలీసు సిబ్బంది స్పందించకుండా ఉన్నతాధికారులు... They demanded justice for the family of 35-year-old Revathi, who died in the stampede caused during the premier of Pushpa 2 The Rise in Sandhya Theatre on December 2. The OU JAC demanded the actor pay a compensation of Rs. 1 crore to the family. The students, holding placards, squatted on the road in front of the gate. On information, police rushed to the spot and whisked away the OUJAC members. Additional police personnel have been deployed to ensure there is no law and order breakdown.
THE Southern Philippines Medical Center (SPMC) has signed a Memorandum of Agreement (MOA) with the University of the Philippines-Mindanao (UP-Mindanao) to establish a medical school, with SPMC serving as its base hospital. Dr. Ricardo Audan, SPMC Medical Center Chief, shared the news during the Kapehan sa Dabaw on December 16, 2024, at SM City Davao. He confirmed that the medical school is set to open by August or October 2024. The MOA was signed on November 13, 2024, by UP Mindanao Chancellor Lyre Anne Murao and witnessed by UP Vice President for Academic Affairs Dr. Leo Cubillan, as well as SPMC Chief Training Officer Dr. Maria Elinore Alba-Concha. The initiative follows UP President Angelo Jimenez's April 2023 announcement about establishing Mindanao's first medical school. The new medical school will complement a hospital being built at the UP Mindanao Mintal campus, located on a 3.28-hectare plot. Jimenez noted that the School of Medicine at UP Mindanao aims to address the region’s low doctor-to-population ratio. Although improvements have been made, Davao City’s Health Office reported in 2022 that there is still one doctor for every 50,000 people in some health districts—far lower than Metro Manila's 1:15,300 ratio. The new medical school will offer a full range of courses, similar to other major universities in Mindanao. UP-Mindanao’s Mintal campus also offers various undergraduate programs in Biology, Computer Science, Applied Mathematics, Food Technology, Agribusiness Economics, Anthropology, and Communication Arts. RGP
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Aaron Wealth Advisors LLC Acquires 23,936 Shares of NVIDIA Co. (NASDAQ:NVDA)NEW YORK (AP) — Thousands of Microsoft 365 customers worldwide reported having issues with services like Outlook and Teams on Monday. In social media posts and comments on platforms like outage tracker Downdetector, some impacted said that they were having trouble seeing their emails, loading calendars or opening other Microsoft 365 applications such as Powerpoint. acknowledged “an issue impacting users attempting to access Exchange Online or functionality within Microsoft Teams calendar” earlier in the day. In updates on X, the social media platform formerly known as Twitter, the company’s status page said it identified a “recent change” that it believed to be behind the problem — and was working to revert it. Microsoft shared that it was deploying a fix — which, as of shortly before noon E.T., it had reached about 98% of “affected environments.” Still, the company’s status page later , targeted restarts were “progressing slower than anticipated for the majority of affected users.” As of midday Monday, Downdetector showed thousands of outage reports from users of , particularly .