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- MY21MY21
  ·2021-11-08
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  Inflation data, US eases travel restrictions: What to know this week
  Traders this week will receive another batch of economic data focused on inflation, helping to show whether price pressures have continued further during the economic recovery. Separately, some travel restrictions are set to lift for those coming into the U.S. this week, offering a potential boost to a host of travel-related companies.Wall Street has been closely monitoring the incoming data on inflation during the reopening. Companies have struggled to meet a surge in demand as consumer mobilit
  Inflation data, US eases travel restrictions: What to know this week
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- MY21MY21
  ·2021-10-23
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- MY21MY21
  ·2021-10-23
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- MY21MY21
  ·2021-10-13
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- MY21MY21
  ·2021-10-08
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- MY21MY21
  ·2021-09-23
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- MY21MY21
  ·2021-09-21
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- MY21MY21
  ·2021-09-21
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  U.S. Bancorp to Buy MUFG Union Bank for About $8 Billion
  Deal boosts U.S. Bank’s presence in California and other parts of the West Coast. U.S. BancorpUSB-2
  U.S. Bancorp to Buy MUFG Union Bank for About $8 Billion
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- MY21MY21
  ·2021-09-19
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  US IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week
  Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billio
  US IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week
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- MY21MY21
  ·2021-09-14
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Separately, some travel restrictions are set to lift for those coming into the U.S. this week, offering a potential boost to a host of travel-related companies.Wall Street has been closely monitoring the incoming data on inflation during the reopening. Companies have struggled to meet a surge in demand as consumer mobilit","content":"<p><img src=\"https://static.tigerbbs.com/1d007acac6b3eac907b55cc31c798ff1\" tg-width=\"1878\" tg-height=\"2940\" width=\"100%\" height=\"auto\"></p>\n<p>Traders this week will receive another batch of economic data focused on inflation, helping to show whether price pressures have continued further during the economic recovery. Separately, some travel restrictions are set to lift for those coming into the U.S. this week, offering a potential boost to a host of travel-related companies.</p>\n<p>Wall Street has been closely monitoring the incoming data on inflation during the reopening. Companies have struggled to meet a surge in demand as consumer mobility picked up, leading to shortages and a slew of supply-chain related disruptions, which have in turn contributed to rising prices.</p>\n<p>The Bureau of Labor Statistics' Consumer Price Index (CPI) due for release on Wednesday is expected to show that elevated inflation continued into October, with a variety of goods and services for consumers posting ongoing price increases.</p>\n<p>Consensus economists expect that the CPI rose 5.8% in October over last year, accelerating from September's 5.4% annual rate to reach the fastest rise since 1990. And on a month-over-month basis, the CPI likely rose 0.5% in October to pick up from September's 0.4% rate.</p>\n<p>“We will be watching for signs that the inflation problem is peaking,\" wrote David Donabedian, chief investment officer of CIBC Private Wealth U.S., in an email on Friday. \"But our expectation is for continued elevated readings, and we expect to be talking about high inflation six months from now. It is not going away.”</p>\n<p>Excluding more volatile food and energy prices, consensus economists are also expecting a pick-up in core categories. Over last year, the core CPI likely picked up to a 4.3% rate in October, up from September's 4.0% year-on-year increase. That would come in just below July's 4.5% year-over-year increase, which had been the biggest rise in the core rate since 1991.</p>\n<p>Some of the reopening-related categories that had seen a surge in prices earlier in the summer had cooled slightly in September, with the latest Delta variant wave of the pandemic dampening consumer demand for travel and related activities. But expect to see a rebound in October, some economists said.</p>\n<p>\"The acceleration in core CPI is likely to be led by services, with real activity starting to turn higher amid easing COVID concerns. Airline fares were still down nearly 25% from pre-pandemic levels in the September report, and we believe there will be scope for a sharp rebound this month,\" wrote <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> economist Michelle Meyer in a note. \"Transportation services should also be supported by a rebound in car and truck rental prices, and a modest increase in motor vehicle insurance prices. Lodging will be another beneficiary of the increase in travel.\"</p>\n<p><img src=\"https://static.tigerbbs.com/b43701be1303941a051c63d2badfe537\" tg-width=\"6630\" tg-height=\"4353\" referrerpolicy=\"no-referrer\">LOS ANGELES, CA - OCTOBER 21: Shoppers exit <a href=\"https://laohu8.com/S/JWN\">Nordstrom</a> at The Grove on Thursday, Oct. 21, 2021 in Los Angeles, CA. Shoppers are enjoying the beautiful fall day. (Francine Orr / Los Angeles Times via <a href=\"https://laohu8.com/S/GTY\">Getty</a> Images)Francine Orr via Getty Images</p>\n<p>In terms of goods, however, Meyer noted that housing and furnishing, apparel and other supplies retailers may have cut prices in October to help pull forward holiday shopping, which could lead to softer overall gains in prices for these categories in Wednesday's CPI report.</p>\n<p>Still, inflationary pressures have remained much more pronounced and longer-lasting than some economists had anticipated. Supply chain shortages and rising commodities costs have led a variety of individual companies to announce price increases. <a href=\"https://laohu8.com/S/MDLZ\">Mondelez</a> (MDLZ), the maker of Oreo cookies and Ritz Crackers, said it was implementing 7% price increases in the U.S. in order to offset rising costs. <a href=\"https://laohu8.com/S/CLX\">Clorox</a> (CLX) said during its earnings call last week it was going to hike prices across 70% of its portfolio of cleaning and housing supplies by the end of the fiscal year. And the CEOs from a broad range of companies, from cosmetics company E.L.F Beauty (ELF) to outdoor recreational supplies company <a href=\"https://laohu8.com/S/VGL.AU\">Vista</a> Outdoor (VSTO), have recently discussed increasing price across their products in interviews on Yahoo Finance Live.</p>\n<p>For investors, the implications of these sustained inflationary pressures could mean tighter monetary policy and higher rates down the line. Federal Reserve officials tweaked their language on inflation in their monetary policy statement last Wednesday to show that they \"expected\" inflation to be transitory. This marked a departure from their previous assurances over the temporary nature of these price pressures.</p>\n<p>\"We said that supply and demand imbalances related to the pandemic and the reopening of the economy have contributed to sizable price increases, and we said progress on vaccinations and an easing of supply constraints are expected to support continued gains in economic activity and employment as well as a reduction in inflation,\" Federal Reserve Chair Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> said during his post-FOMC meeting press conference last week. \"So, we're trying to explain what we mean and also acknowledging more uncertainty about 'transitory.'\"</p>\n<h2>US eases travel restrictions for vaccinated travelers</h2>\n<h2></h2>\n<p>On Monday, the U.S. is set to pare back travel restrictions on international visitors who show proof of vaccination, easing what had been months' worth of limitations on international tourism and inbound travel into the U.S.</p>\n<p>Both air and land border travel will be included in the changes. These restrictions had first been put in place in the early days of the pandemic during the Trump administration in March 2020, and were upheld by the Biden administration since January. Visitors from a plethora of countries had been impacted by these travel restrictions into the U.S. since the start of the pandemic, including from much of Europe and <a href=\"https://laohu8.com/S/CAAS\">China</a>. Foreign nationals entering the U.S. under the new rules will need to show proof of vaccination, and a negative COVID-19 test taken within three days if they are traveling by air.\"</p>\n<p>The easing of these restrictions lifts a weight on a number of companies within the airline and lodging industries. And already, a number of CEOs of these companies have underscored the potential pent-up demand that this would unlock.</p>\n<p>Airbnb CEO Brian Chesky was <a href=\"https://laohu8.com/S/AONE.U\">one</a> such executive who pointed to the near-immediate reaction among consumers following the initial announcement of the easing restrictions by the White House last month.</p>\n<p>\"On Oct. 15, I believe it was that date that President Biden announced the reopening of the borders and asked the travelers come to <a href=\"https://laohu8.com/S/UBNK\">United</a> States. Within <a href=\"https://laohu8.com/S/AONE.U\">one</a> week of that announcement, we saw a 44% spike in nights booked for stays crossing borders coming into <a href=\"https://laohu8.com/S/UBCP\">United</a> States on Airbnb for stays Nov. 9 and later, which is when the borders were opened,\" said Chesky during the company's earnings call last week.</p>\n<p>This could also, however, cause some extended wait times and travel disruptions in the short-term, some executives warned.</p>\n<p>\"It's going to be a bit sloppy at first. I can assure you, there will be lines unfortunately... but we'll get it sorted out,\" Ed Bastian, CEO of Delta, reportedly said at a travel event last month.</p>\n<p>Data from the Transportation Security Administration (TSA) has showed a pick-up in the number of travelers checked in at U.S. airports over the past several months, pointing to a further jump in demand. On Nov. 4, traveler throughput was at more than 1.9 million, rising sharply from the 867,105 on the comparable day in 2020, but still coming in below the more than 2.5 million travelers counted on the comparable day of 2019.</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b><i>No notable reports scheduled for release </i></p></li>\n <li><p><b>Tuesday: </b>NFIB Small Business Optimism index, October (99.3 expected, 99.1 in September); PPI Final Demand, month over month, October (0.6% expected, 0.5% in September); PPI excluding food and energy, month over month, October (0.5% expected, 0.2% in September); PPI Final Demand, year over year, October (8.6% expected, 8.6% in September), PPI excluding food and energy, year over year, October (6.8% expected, 6.8% in September)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended Nov. 5 (-3.3% during prior week); Initial jobless claims, week ended Nov. 6 (265,000 expected, 269,000 during prior week); Continuing claims, week ended Oct. 30 (2.105 million during prior week); Consumer Price Index, month over month, October (0.4% expected, 0.2% in September); Consumer Price Index, year over year, October (5.8% expected, 5.4% in September); Consumer Price Index excluding food and energy, year over year, October (4.3%. expected, 4.0% in September); Wholesale Inventories, month over month, September final (1.1% expected, 1.1% in prior print); Monthly budget statement, October (-$61.5 billion in September)</p></li>\n <li><p><b>Thursday:</b> <i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Friday: </b>JOLTS Job Openings, September (10.439 million in August); University of Michigan Sentiment, November preliminary (72.4 expected, 71.7 in October)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b><a href=\"https://laohu8.com/S/COTY\">Coty</a> Inc. (COTY) before market open; Clover Health Investment Corp. (CLOV), <a href=\"https://laohu8.com/S/REAL\">The RealReal</a> (REAL), Lemonade (LMND), Roblox (RBLX), <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> (PYPL), <a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a> Holdings (SPCE), TripAdvisors (TRIP), SmileDirectClub (SDC), <a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> Holdings (AMC), <a href=\"https://laohu8.com/S/ZNGA\">Zynga</a> (ZNGA) after market close</p></li>\n <li><p><b>Tuesday: </b>Blue Apron (APRN), <a href=\"https://laohu8.com/S/WKHS\">Workhorse</a> Group (WKHS), Palantir (PLTR) before market open; DoorDash (DASH), Poshmark (POSH), Coinbase (COIN), Vroom Inc. (VRM), fuboTV (FUBO), <a href=\"https://laohu8.com/S/PLUG\">Plug Power</a> (PLUG), <a href=\"https://laohu8.com/S/WYNN\">Wynn</a> Resorts (WYNN), Nio (NIO) after market close</p></li>\n <li><p><b>Wednesday: </b>Disney (DIS), Opendoor Technologies (OPEN), Compass (COMP), Bumble (BMBL), Wish (WISH), Affirm Holdings (AFRM), <a href=\"https://laohu8.com/S/GNBC\">Green</a> Thumb Industries (GTII), SoFi Technologies (SOFI), Beyond Meat (BYND), Figs (FIGS), 23andMe Holdings (ME) after market close</p></li>\n <li><p><b>Thursday: </b>Tapestry (TPR), Yeti Holdings (YETI), Organon &amp; Co. (OGN) before market open; <a href=\"https://laohu8.com/S/BLNKW\">Blink Charging Co.</a> (BLNK) after market close</p></li>\n <li><p><b>Friday: </b>Bakkt Holdings (BKKT), Warby Parker (WRBY) before market open</p></li>\n</ul>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation data, US eases travel restrictions: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation data, US eases travel restrictions: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-08 06:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/inflation-data-us-eases-travel-restrictions-for-vaccinated-visitors-what-to-know-this-week-180012846.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Traders this week will receive another batch of economic data focused on inflation, helping to show whether price pressures have continued further during the economic recovery. Separately, some travel...</p>\n\n<a href=\"https://finance.yahoo.com/news/inflation-data-us-eases-travel-restrictions-for-vaccinated-visitors-what-to-know-this-week-180012846.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/d3c2aece4b9a50fa60771d3a0b4727f3","relate_stocks":{"JBLU":"捷蓝航空","AAL":"美国航空",".DJI":"道琼斯","SPY.AU":"SPDR® S&P 500® ETF Trust","DAL":"达美航空",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","LUV":"西南航空"},"source_url":"https://finance.yahoo.com/news/inflation-data-us-eases-travel-restrictions-for-vaccinated-visitors-what-to-know-this-week-180012846.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2181238097","content_text":"Traders this week will receive another batch of economic data focused on inflation, helping to show whether price pressures have continued further during the economic recovery. Separately, some travel restrictions are set to lift for those coming into the U.S. this week, offering a potential boost to a host of travel-related companies.\nWall Street has been closely monitoring the incoming data on inflation during the reopening. Companies have struggled to meet a surge in demand as consumer mobility picked up, leading to shortages and a slew of supply-chain related disruptions, which have in turn contributed to rising prices.\nThe Bureau of Labor Statistics' Consumer Price Index (CPI) due for release on Wednesday is expected to show that elevated inflation continued into October, with a variety of goods and services for consumers posting ongoing price increases.\nConsensus economists expect that the CPI rose 5.8% in October over last year, accelerating from September's 5.4% annual rate to reach the fastest rise since 1990. And on a month-over-month basis, the CPI likely rose 0.5% in October to pick up from September's 0.4% rate.\n“We will be watching for signs that the inflation problem is peaking,\" wrote David Donabedian, chief investment officer of CIBC Private Wealth U.S., in an email on Friday. \"But our expectation is for continued elevated readings, and we expect to be talking about high inflation six months from now. It is not going away.”\nExcluding more volatile food and energy prices, consensus economists are also expecting a pick-up in core categories. Over last year, the core CPI likely picked up to a 4.3% rate in October, up from September's 4.0% year-on-year increase. That would come in just below July's 4.5% year-over-year increase, which had been the biggest rise in the core rate since 1991.\nSome of the reopening-related categories that had seen a surge in prices earlier in the summer had cooled slightly in September, with the latest Delta variant wave of the pandemic dampening consumer demand for travel and related activities. But expect to see a rebound in October, some economists said.\n\"The acceleration in core CPI is likely to be led by services, with real activity starting to turn higher amid easing COVID concerns. Airline fares were still down nearly 25% from pre-pandemic levels in the September report, and we believe there will be scope for a sharp rebound this month,\" wrote Bank of America economist Michelle Meyer in a note. \"Transportation services should also be supported by a rebound in car and truck rental prices, and a modest increase in motor vehicle insurance prices. Lodging will be another beneficiary of the increase in travel.\"\nLOS ANGELES, CA - OCTOBER 21: Shoppers exit Nordstrom at The Grove on Thursday, Oct. 21, 2021 in Los Angeles, CA. Shoppers are enjoying the beautiful fall day. (Francine Orr / Los Angeles Times via Getty Images)Francine Orr via Getty Images\nIn terms of goods, however, Meyer noted that housing and furnishing, apparel and other supplies retailers may have cut prices in October to help pull forward holiday shopping, which could lead to softer overall gains in prices for these categories in Wednesday's CPI report.\nStill, inflationary pressures have remained much more pronounced and longer-lasting than some economists had anticipated. Supply chain shortages and rising commodities costs have led a variety of individual companies to announce price increases. Mondelez (MDLZ), the maker of Oreo cookies and Ritz Crackers, said it was implementing 7% price increases in the U.S. in order to offset rising costs. Clorox (CLX) said during its earnings call last week it was going to hike prices across 70% of its portfolio of cleaning and housing supplies by the end of the fiscal year. And the CEOs from a broad range of companies, from cosmetics company E.L.F Beauty (ELF) to outdoor recreational supplies company Vista Outdoor (VSTO), have recently discussed increasing price across their products in interviews on Yahoo Finance Live.\nFor investors, the implications of these sustained inflationary pressures could mean tighter monetary policy and higher rates down the line. Federal Reserve officials tweaked their language on inflation in their monetary policy statement last Wednesday to show that they \"expected\" inflation to be transitory. This marked a departure from their previous assurances over the temporary nature of these price pressures.\n\"We said that supply and demand imbalances related to the pandemic and the reopening of the economy have contributed to sizable price increases, and we said progress on vaccinations and an easing of supply constraints are expected to support continued gains in economic activity and employment as well as a reduction in inflation,\" Federal Reserve Chair Jerome Powell said during his post-FOMC meeting press conference last week. \"So, we're trying to explain what we mean and also acknowledging more uncertainty about 'transitory.'\"\nUS eases travel restrictions for vaccinated travelers\n\nOn Monday, the U.S. is set to pare back travel restrictions on international visitors who show proof of vaccination, easing what had been months' worth of limitations on international tourism and inbound travel into the U.S.\nBoth air and land border travel will be included in the changes. These restrictions had first been put in place in the early days of the pandemic during the Trump administration in March 2020, and were upheld by the Biden administration since January. Visitors from a plethora of countries had been impacted by these travel restrictions into the U.S. since the start of the pandemic, including from much of Europe and China. Foreign nationals entering the U.S. under the new rules will need to show proof of vaccination, and a negative COVID-19 test taken within three days if they are traveling by air.\"\nThe easing of these restrictions lifts a weight on a number of companies within the airline and lodging industries. And already, a number of CEOs of these companies have underscored the potential pent-up demand that this would unlock.\nAirbnb CEO Brian Chesky was one such executive who pointed to the near-immediate reaction among consumers following the initial announcement of the easing restrictions by the White House last month.\n\"On Oct. 15, I believe it was that date that President Biden announced the reopening of the borders and asked the travelers come to United States. Within one week of that announcement, we saw a 44% spike in nights booked for stays crossing borders coming into United States on Airbnb for stays Nov. 9 and later, which is when the borders were opened,\" said Chesky during the company's earnings call last week.\nThis could also, however, cause some extended wait times and travel disruptions in the short-term, some executives warned.\n\"It's going to be a bit sloppy at first. I can assure you, there will be lines unfortunately... but we'll get it sorted out,\" Ed Bastian, CEO of Delta, reportedly said at a travel event last month.\nData from the Transportation Security Administration (TSA) has showed a pick-up in the number of travelers checked in at U.S. airports over the past several months, pointing to a further jump in demand. On Nov. 4, traveler throughput was at more than 1.9 million, rising sharply from the 867,105 on the comparable day in 2020, but still coming in below the more than 2.5 million travelers counted on the comparable day of 2019.\nEconomic calendar\n\nMonday: No notable reports scheduled for release \nTuesday: NFIB Small Business Optimism index, October (99.3 expected, 99.1 in September); PPI Final Demand, month over month, October (0.6% expected, 0.5% in September); PPI excluding food and energy, month over month, October (0.5% expected, 0.2% in September); PPI Final Demand, year over year, October (8.6% expected, 8.6% in September), PPI excluding food and energy, year over year, October (6.8% expected, 6.8% in September)\nWednesday: MBA Mortgage Applications, week ended Nov. 5 (-3.3% during prior week); Initial jobless claims, week ended Nov. 6 (265,000 expected, 269,000 during prior week); Continuing claims, week ended Oct. 30 (2.105 million during prior week); Consumer Price Index, month over month, October (0.4% expected, 0.2% in September); Consumer Price Index, year over year, October (5.8% expected, 5.4% in September); Consumer Price Index excluding food and energy, year over year, October (4.3%. expected, 4.0% in September); Wholesale Inventories, month over month, September final (1.1% expected, 1.1% in prior print); Monthly budget statement, October (-$61.5 billion in September)\nThursday: No notable reports scheduled for release\nFriday: JOLTS Job Openings, September (10.439 million in August); University of Michigan Sentiment, November preliminary (72.4 expected, 71.7 in October)\n\nEarnings calendar\n\nMonday: Coty Inc. (COTY) before market open; Clover Health Investment Corp. (CLOV), The RealReal (REAL), Lemonade (LMND), Roblox (RBLX), PayPal (PYPL), Virgin Galactic Holdings (SPCE), TripAdvisors (TRIP), SmileDirectClub (SDC), AMC Entertainment Holdings (AMC), Zynga (ZNGA) after market close\nTuesday: Blue Apron (APRN), Workhorse Group (WKHS), Palantir (PLTR) before market open; DoorDash (DASH), Poshmark (POSH), Coinbase (COIN), Vroom Inc. (VRM), fuboTV (FUBO), Plug Power (PLUG), Wynn Resorts (WYNN), Nio (NIO) after market close\nWednesday: Disney (DIS), Opendoor Technologies (OPEN), Compass (COMP), Bumble (BMBL), Wish (WISH), Affirm Holdings (AFRM), Green Thumb Industries (GTII), SoFi Technologies (SOFI), Beyond Meat (BYND), Figs (FIGS), 23andMe Holdings (ME) after market close\nThursday: Tapestry (TPR), Yeti Holdings (YETI), Organon & Co. (OGN) before market open; Blink Charging Co. (BLNK) after market close\nFriday: Bakkt Holdings (BKKT), Warby Parker (WRBY) before market open","news_type":1},"isVote":1,"tweetType":1,"viewCount":1056,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":858194680,"gmtCreate":1634999983474,"gmtModify":1634999983734,"author":{"id":"4088678245292670","authorId":"4088678245292670","name":"MY21","avatar":"https://static.tigerbbs.com/acfe94897c0513611a5d7beccb5c240d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088678245292670","authorIdStr":"4088678245292670"},"themes":[],"htmlText":"Like pls thanks&nbsp;","listText":"Like pls thanks&nbsp;","text":"Like pls thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/858194680","repostId":"2177414750","repostType":4,"isVote":1,"tweetType":1,"viewCount":865,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":858194340,"gmtCreate":1634999838687,"gmtModify":1634999838925,"author":{"id":"4088678245292670","authorId":"4088678245292670","name":"MY21","avatar":"https://static.tigerbbs.com/acfe94897c0513611a5d7beccb5c240d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088678245292670","authorIdStr":"4088678245292670"},"themes":[],"htmlText":"Like pls thanks&nbsp;","listText":"Like pls thanks&nbsp;","text":"Like pls 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please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/863126051","repostId":"2169650271","repostType":4,"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869005102,"gmtCreate":1632223866306,"gmtModify":1632801980482,"author":{"id":"4088678245292670","authorId":"4088678245292670","name":"MY21","avatar":"https://static.tigerbbs.com/acfe94897c0513611a5d7beccb5c240d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088678245292670","authorIdStr":"4088678245292670"},"themes":[],"htmlText":"Like pls thanks&nbsp;","listText":"Like pls thanks&nbsp;","text":"Like pls thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/869005102","repostId":"2169395635","repostType":4,"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869002530,"gmtCreate":1632223727620,"gmtModify":1632801980971,"author":{"id":"4088678245292670","authorId":"4088678245292670","name":"MY21","avatar":"https://static.tigerbbs.com/acfe94897c0513611a5d7beccb5c240d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088678245292670","authorIdStr":"4088678245292670"},"themes":[],"htmlText":"Like pls thanks&nbsp;","listText":"Like pls thanks&nbsp;","text":"Like pls thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/869002530","repostId":"1117531416","repostType":4,"repost":{"id":"1117531416","kind":"news","pubTimestamp":1632223108,"share":"https://www.laohu8.com/m/news/1117531416?lang=&edition=full","pubTime":"2021-09-21 19:18","market":"us","language":"en","title":"U.S. Bancorp to Buy MUFG Union Bank for About $8 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1117531416","media":"The Wall Street Journal","summary":"Deal boosts U.S. Bank’s presence in California and other parts of the West Coast.\n\nU.S. BancorpUSB-2","content":"<blockquote>\n <b>Deal boosts U.S. Bank’s presence in California and other parts of the West Coast.</b>\n</blockquote>\n<p>U.S. BancorpUSB-2.33%has agreed to buy MUFG Union Bank’s core regional banking franchise fromMitsubishi UFJ Financial GroupMUFG-2.23%for about $8 billion in cash and stock, a deal that would boost U.S. Bank’s presence in California and other parts of the West Coast.</p>\n<p>The purchase price includes $5.5 billion in cash and about 44 million shares of U.S. Bancorp common stock, the companies said Tuesday. MUFG will hold a minority stake of about 2.9% in U.S. Bancorp after the transaction is expected to close in the first half of 2022, they added.</p>\n<p>The companies said they would have a combined presence in California, Washington and Oregon. Through the deal, U.S. Bank will gain more than a million consumer customers and about 190,000 small-business customers on the West Coast, in addition to about $58 billion in loans and $90 billion in deposits based on MUFG Union Bank’s June 30 balance sheet.</p>\n<p>U.S. Bancorp, which is the parent of U.S. Bank National Association, said it expects the transaction to add about 6% to per-share earnings in 2023. The deal has an estimated internal rate of return of more than 20%, it said.</p>\n<p>The company expects about $900 million in pretax cost savings equal to 40% of estimated non-interest expenses through a combination of real-estate consolidation, technology and systems conversion and other back-office efficiencies. U.S. Bancorp said it expects to book $1.2 billion in merger charges.</p>\n<p>MUFG Union Bank on Sept. 20 entered into a consent order with the Office of the Comptroller of the Currency, the companies said. U.S. Bancorp said it has incorporated regulatory concerns into all aspects of the deal process. It said it expects to remediate issues applicable to MUFG Union Bank, and that the order won’t restrict U.S. Bancorp’s ability to operate and grow its business.</p>\n<p>U.S. Bank said it commits to retaining all MUFG Union Bank’s front-line branch employees.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Bancorp to Buy MUFG Union Bank for About $8 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Bancorp to Buy MUFG Union Bank for About $8 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-21 19:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/u-s-bancorp-to-buy-mufg-union-bank-for-about-8-billion-11632222366?mod=markets_lead_pos3><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Deal boosts U.S. Bank’s presence in California and other parts of the West Coast.\n\nU.S. BancorpUSB-2.33%has agreed to buy MUFG Union Bank’s core regional banking franchise fromMitsubishi UFJ Financial...</p>\n\n<a href=\"https://www.wsj.com/articles/u-s-bancorp-to-buy-mufg-union-bank-for-about-8-billion-11632222366?mod=markets_lead_pos3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"USB":"美国合众银行"},"source_url":"https://www.wsj.com/articles/u-s-bancorp-to-buy-mufg-union-bank-for-about-8-billion-11632222366?mod=markets_lead_pos3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117531416","content_text":"Deal boosts U.S. Bank’s presence in California and other parts of the West Coast.\n\nU.S. BancorpUSB-2.33%has agreed to buy MUFG Union Bank’s core regional banking franchise fromMitsubishi UFJ Financial GroupMUFG-2.23%for about $8 billion in cash and stock, a deal that would boost U.S. Bank’s presence in California and other parts of the West Coast.\nThe purchase price includes $5.5 billion in cash and about 44 million shares of U.S. Bancorp common stock, the companies said Tuesday. MUFG will hold a minority stake of about 2.9% in U.S. Bancorp after the transaction is expected to close in the first half of 2022, they added.\nThe companies said they would have a combined presence in California, Washington and Oregon. Through the deal, U.S. Bank will gain more than a million consumer customers and about 190,000 small-business customers on the West Coast, in addition to about $58 billion in loans and $90 billion in deposits based on MUFG Union Bank’s June 30 balance sheet.\nU.S. Bancorp, which is the parent of U.S. Bank National Association, said it expects the transaction to add about 6% to per-share earnings in 2023. The deal has an estimated internal rate of return of more than 20%, it said.\nThe company expects about $900 million in pretax cost savings equal to 40% of estimated non-interest expenses through a combination of real-estate consolidation, technology and systems conversion and other back-office efficiencies. U.S. Bancorp said it expects to book $1.2 billion in merger charges.\nMUFG Union Bank on Sept. 20 entered into a consent order with the Office of the Comptroller of the Currency, the companies said. U.S. Bancorp said it has incorporated regulatory concerns into all aspects of the deal process. It said it expects to remediate issues applicable to MUFG Union Bank, and that the order won’t restrict U.S. Bancorp’s ability to operate and grow its business.\nU.S. Bank said it commits to retaining all MUFG Union Bank’s front-line branch employees.","news_type":1},"isVote":1,"tweetType":1,"viewCount":500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887174714,"gmtCreate":1632013418538,"gmtModify":1632804858859,"author":{"id":"4088678245292670","authorId":"4088678245292670","name":"MY21","avatar":"https://static.tigerbbs.com/acfe94897c0513611a5d7beccb5c240d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088678245292670","authorIdStr":"4088678245292670"},"themes":[],"htmlText":"like pls thanks","listText":"like pls thanks","text":"like pls thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/887174714","repostId":"1171558890","repostType":4,"repost":{"id":"1171558890","kind":"news","pubTimestamp":1631921912,"share":"https://www.laohu8.com/m/news/1171558890?lang=&edition=full","pubTime":"2021-09-18 07:38","market":"us","language":"en","title":"US IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1171558890","media":"renaissancecap...","summary":"Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billio","content":"<p>Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and more.</p>\n<p>The largest deal of the week,<b>Freshworks</b>(FRSH) plans to raise $855 million at a $9.6 billion market cap. The company’s core product is its customer support software, and it also offers IT service management software and a nascent competitor to CRM solutions. While losses are expected to increase with S&amp;M spending, Freshworks has delivered solid growth and 100%+ net dollar-based revenue retention as of 6/30/21.</p>\n<p>Canadian consumer products company&nbsp;<b>Knowlton Development</b>(KDC) plans to raise $800 million at a $3.1 billion market cap. Over the past three years, Knowlton has been responsible for co-developing 9,000+ products across a variety of categories, and its products are sold by its brand partners in 70+ countries. Despite using offering proceeds to pay down debt, Knowlton will be leveraged post-IPO.</p>\n<p>Restaurant payment processor&nbsp;<b>Toast</b>(TOST) plans to raise $685 million at a $17.9 billion market cap. Toast provides a suite of integrated payment and software solutions that are designed to streamline restaurant operations. The company grew ARR over 100% in the 1H21, though it has historically been unprofitable, and growth could slow as tailwinds from restaurants reopening abate.</p>\n<p>Global money transfer firm&nbsp;<b>Remitly Global</b>(RELY) plans to raise $487 million at a $7.5 billion market cap. Remitly provides digital financial services for immigrants and their families in over 135 countries, and it has expanded its core cross-border remittance product to over 1,700 corridors worldwide. The company has demonstrated growth and margin improvement, though it remains unprofitable.</p>\n<p>Software firm&nbsp;<b>Clearwater Analytics</b>(CWAN) plans to raise $450 million at a $3.7 billion market cap. Clearwater provides its 1,000+ clients with cloud-native software that allows them to simplify their investment accounting operations, and the company has a 100% recurring revenue model. A new investor and certain existing shareholders intend to purchase $150 million worth of shares in the IPO.</p>\n<p>Food company&nbsp;<b>Sovos Brands</b>(SOVO) plans to raise $350 million at a $1.5 billion market cap. Formed by Advent International, Sovos Brands offers a select group of acquired premium food brands. According to the company, its largest brand of products, Rao's, included the #1 selling SKU in the pasta and pizza sauce category. Profitable with solid growth, Sovos will be leveraged post-IPO.</p>\n<p>Customer engagement software provider&nbsp;<b>EngageSmart</b>(ESMT) plans to raise $349 million at a $4.1 billion market cap. The company provides software that simplifies online workflows like paperless billing, electronic payment processing, scheduling, and client communication. While growth may slow post-pandemic, EngageSmart has a sticky customer based and a long track record of profitability.</p>\n<p>Hiring solutions provider&nbsp;<b>Sterling Check</b>(STER) plans to raise $300 million at a $2.1 billion market cap. Sterling is one of the leading US providers of background checks for corporate and government customers. The company serves more than 50% of the Fortune 100, often with exclusive contracts, though it operates in a highly competitive market.</p>\n<p>Jewelry retailer&nbsp;<b>Brilliant Earth Group</b>(BRLT) plans to raise $250 million at a $1.4 billion. Brilliant Earth is a digital-first jewelry company and a global leader in ethically sourced fine jewelry. The company has sold to consumers in all US states and over 50 countries, and has served over 370,000 customers through its e-commerce platform and 13 showrooms.</p>\n<p>Online fashion platform&nbsp;<b>a.k.a. Brands</b>(AKA) plans to raise $250 million at a $2.3 billion market cap. a.k.a. acquires digitally-focused fashion brands oriented toward millennial and Gen Z consumers, starting with its acquisition of Princess Polly in 2018. The company has successfully expanded Princess Polly and has a long runway to grow its brands in the US, but its M&amp;A strategy carries execution risk.</p>\n<p>COVID-19 test maker&nbsp;<b>Cue Health</b>(HLTH) plans to raise $200 million at a $2.4 billion market cap. Cue’s first commercially available diagnostic test for use with its Cue Health Monitoring System is its COVID-19 Test Kit, which has been authorized by two EUAs. Cue has five additional Test Kits in late-stage technical development, for which it expects to begin seeking FDA authorization or clearance in the 2H22.</p>\n<p>London-listed crypto mining company&nbsp;<b>Argo Blockchain</b>(ARBK) plans to raise $138 million at an $855 million market cap. Argo states that it is a leading blockchain technology company focused on large-scale mining of Bitcoin and other cryptocurrencies. Argo has a fleet of more than 21,000 purpose-built computers (mining machines) and can generate more than 1,075 petahash per second.</p>\n<p>Personalized supplements seller&nbsp;<b>Thorne Healthtech</b>(THRN) plans to raise $126 million at an $892 million market cap. The company’s vertically integrated brands, Thorne and Onegevity, provide actionable insights and personalized data, products, and services. Profitable with strong growth, Thorne has a base of more than 3 million customers.</p>\n<p>Canadian bank&nbsp;<b>VersaBank</b>(VBNK) plans to raise $50 million at a $269 million market cap. VersaBank is a Canadian Schedule I chartered bank and states that it is one of the world's first fully digital financial institutions. As of July 31, 2021, VersaBank had $1.8 billion in assets, $1.6 billion in loans, $1.5 billion in deposits, and $202 million in stockholders' equity.</p>","source":"lsy1619493174116","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-18 07:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/86272/US-IPO-Week-Ahead-Software-consumer-products-and-payment-tech-lead-a-divers><strong>renaissancecap...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/86272/US-IPO-Week-Ahead-Software-consumer-products-and-payment-tech-lead-a-divers\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CWAN":"Clearwater Analytics Holdings, Inc.","RELY":"Remitly Global, Inc.","ESMT":"EngageSmart Inc.","AKA":"a.k.a. Brands Holding Corp.","SOVO":"Sovos Brands, Inc.","TOST":"Toast, Inc.","THRN":"Thorne Healthtech","BRLT":"Brilliant Earth Group, Inc.","FRSH":"Freshworks","STER":"Sterling Check Corp.","ARBK":"Argo Blockchain Plc","HLTH":"Cue Health Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/86272/US-IPO-Week-Ahead-Software-consumer-products-and-payment-tech-lead-a-divers","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171558890","content_text":"Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and more.\nThe largest deal of the week,Freshworks(FRSH) plans to raise $855 million at a $9.6 billion market cap. The company’s core product is its customer support software, and it also offers IT service management software and a nascent competitor to CRM solutions. While losses are expected to increase with S&M spending, Freshworks has delivered solid growth and 100%+ net dollar-based revenue retention as of 6/30/21.\nCanadian consumer products company Knowlton Development(KDC) plans to raise $800 million at a $3.1 billion market cap. Over the past three years, Knowlton has been responsible for co-developing 9,000+ products across a variety of categories, and its products are sold by its brand partners in 70+ countries. Despite using offering proceeds to pay down debt, Knowlton will be leveraged post-IPO.\nRestaurant payment processor Toast(TOST) plans to raise $685 million at a $17.9 billion market cap. Toast provides a suite of integrated payment and software solutions that are designed to streamline restaurant operations. The company grew ARR over 100% in the 1H21, though it has historically been unprofitable, and growth could slow as tailwinds from restaurants reopening abate.\nGlobal money transfer firm Remitly Global(RELY) plans to raise $487 million at a $7.5 billion market cap. Remitly provides digital financial services for immigrants and their families in over 135 countries, and it has expanded its core cross-border remittance product to over 1,700 corridors worldwide. The company has demonstrated growth and margin improvement, though it remains unprofitable.\nSoftware firm Clearwater Analytics(CWAN) plans to raise $450 million at a $3.7 billion market cap. Clearwater provides its 1,000+ clients with cloud-native software that allows them to simplify their investment accounting operations, and the company has a 100% recurring revenue model. A new investor and certain existing shareholders intend to purchase $150 million worth of shares in the IPO.\nFood company Sovos Brands(SOVO) plans to raise $350 million at a $1.5 billion market cap. Formed by Advent International, Sovos Brands offers a select group of acquired premium food brands. According to the company, its largest brand of products, Rao's, included the #1 selling SKU in the pasta and pizza sauce category. Profitable with solid growth, Sovos will be leveraged post-IPO.\nCustomer engagement software provider EngageSmart(ESMT) plans to raise $349 million at a $4.1 billion market cap. The company provides software that simplifies online workflows like paperless billing, electronic payment processing, scheduling, and client communication. While growth may slow post-pandemic, EngageSmart has a sticky customer based and a long track record of profitability.\nHiring solutions provider Sterling Check(STER) plans to raise $300 million at a $2.1 billion market cap. Sterling is one of the leading US providers of background checks for corporate and government customers. The company serves more than 50% of the Fortune 100, often with exclusive contracts, though it operates in a highly competitive market.\nJewelry retailer Brilliant Earth Group(BRLT) plans to raise $250 million at a $1.4 billion. Brilliant Earth is a digital-first jewelry company and a global leader in ethically sourced fine jewelry. The company has sold to consumers in all US states and over 50 countries, and has served over 370,000 customers through its e-commerce platform and 13 showrooms.\nOnline fashion platform a.k.a. Brands(AKA) plans to raise $250 million at a $2.3 billion market cap. a.k.a. acquires digitally-focused fashion brands oriented toward millennial and Gen Z consumers, starting with its acquisition of Princess Polly in 2018. The company has successfully expanded Princess Polly and has a long runway to grow its brands in the US, but its M&A strategy carries execution risk.\nCOVID-19 test maker Cue Health(HLTH) plans to raise $200 million at a $2.4 billion market cap. Cue’s first commercially available diagnostic test for use with its Cue Health Monitoring System is its COVID-19 Test Kit, which has been authorized by two EUAs. Cue has five additional Test Kits in late-stage technical development, for which it expects to begin seeking FDA authorization or clearance in the 2H22.\nLondon-listed crypto mining company Argo Blockchain(ARBK) plans to raise $138 million at an $855 million market cap. Argo states that it is a leading blockchain technology company focused on large-scale mining of Bitcoin and other cryptocurrencies. Argo has a fleet of more than 21,000 purpose-built computers (mining machines) and can generate more than 1,075 petahash per second.\nPersonalized supplements seller Thorne Healthtech(THRN) plans to raise $126 million at an $892 million market cap. The company’s vertically integrated brands, Thorne and Onegevity, provide actionable insights and personalized data, products, and services. Profitable with strong growth, Thorne has a base of more than 3 million customers.\nCanadian bank VersaBank(VBNK) plans to raise $50 million at a $269 million market cap. VersaBank is a Canadian Schedule I chartered bank and states that it is one of the world's first fully digital financial institutions. As of July 31, 2021, VersaBank had $1.8 billion in assets, $1.6 billion in loans, $1.5 billion in deposits, and $202 million in stockholders' equity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":621,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886159701,"gmtCreate":1631576870503,"gmtModify":1631891296301,"author":{"id":"4088678245292670","authorId":"4088678245292670","name":"MY21","avatar":"https://static.tigerbbs.com/acfe94897c0513611a5d7beccb5c240d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088678245292670","authorIdStr":"4088678245292670"},"themes":[],"htmlText":"Like please thanks&nbsp;","listText":"Like please thanks&nbsp;","text":"Like please thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/886159701","repostId":"1118077988","repostType":4,"isVote":1,"tweetType":1,"viewCount":656,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":false}