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Anonymous ID: 255bdb March 24, 2021, 1:39 p.m. No.73010   🗄️.is đź”—kun   >>3034 >>3084 >>3117 >>3157 >>3179

L Brands, Inc. sold by Leslie Wexner: $177.84m-Mar 22

 

L Brands, Inc. operates specialty retail business. The Company is focused on women's intimate and other apparel, personal care, beauty and home fragrance categories. Its segments include Victoria's Secret, Bath & Body Works, and Victoria's Secret and Bath & Body Works International. It sells its merchandise through company-owned specialty retail stores in the United States, Canada, the United Kingdom and Greater China, which are mall-based; through Websites, and through international franchise, license and wholesale partners. It operates in the retail brands, which include Victoria's Secret, PINK, Bath & Body Works and La Senza. La Senza is a specialty retailer of women's intimate apparel. It sells its La Senza products at over 120 La Senza stores in Canada. Henri Bendel sells handbags, jewelry and other accessory products through New York and 28 other stores. Mast Global is a merchandise sourcing and production function serving the Company and its international partners.

https://www.marketscreener.com/quote/stock/L-BRANDS-INC-21245782/company/

https://finviz.com/insidertrading.ashx?oc=901359&tc=7&b=2

Anonymous ID: 255bdb March 24, 2021, 4:08 p.m. No.73040   🗄️.is đź”—kun   >>3084 >>3117 >>3157 >>3179

IMF approves next loan tranche ($500m) for Pakistan

 

Creditor’s board okays four pending reviews of Pakistan’s economy and release of next loan tranche of around $500m.

 

The International Monetary Fund (IMF) on Wednesday approved four pending reviews of Pakistan’s economy and the release of the next loan tranche of around $500 million, reviving the $6 billion programme after it remained derailed for over a year.

 

In order to put the programme back on track, Prime Minister Imran Khan took some tough political decisions despite prevailing political uncertainty. These measures, which were also the prior conditions, included significantly increasing electricity prices, imposition of Rs140 billion taxes and agreeing to an unparalleled autonomy for the central bank.

 

The Executive Board of the IMF endorsed the staff-level agreement, reached between the government of Pakistan and the IMF team last month, a top government functionary told The Express Tribune after the board approval.

 

The board’s approval has paved the way for the release of $500 million third loan tranche. Out of the $6 billion, the IMF has already disbursed $1.45 billion in two tranches, bringing the total disbursements to $2 billion. Sources said that it will be very challenging to keep the reinstated programme on track, particularly due to heavy taxation of over Rs700 billion and cut in expenditures in the next budget.

 

Pakistan’s economy has started gradually recovering from the aftermaths of the Covid-19 but it is again struck by the third wave of the deadly pandemic. The central bank last week upward revised the growth forecast to 3% for this fiscal year.

 

The revival of the programme would keep external loans pipelines opened for Pakistan, as the government remained heavily dependent on the external borrowings to remain afloat.

 

In April last year, the IMF had postponed a board meeting for the approval of the second review after Islamabad did not honour its commitment to announce a mini-budget and increase electricity prices, resulting in the derailment of the programme.

 

In February, both sides agreed to club the pending second, third, fourth and fifth reviews of the programme. The separate completion of these reviews would have led to disbursements of $2.2 billion, which the IMF has now reduced to just $500 million.

https://tribune.com.pk/story/2291237/imf-approves-next-loan-tranche-for-pakistan

 

IMF Executive Board Reviews Pakistan’s Remedial Actions, Data Revision Linked to Noncomplying Purchase

https://www.imf.org/en/News/Articles/2021/03/24/pr2182-pakistan-imf-executive-board-reviews-remedial-actions-data-revision-noncomplying-purchase

Anonymous ID: 255bdb March 24, 2021, 7:19 p.m. No.73077   🗄️.is đź”—kun   >>3084 >>3117 >>3157 >>3179

>>72791, >>72793 pb

North Korea fires 2 suspected ballistic missiles into sea

 

North Korea fired two unidentified projectiles into the sea on Thursday morning, South Korea's military said, while Japan's government said it suspected the weapons were ballistic missiles.

 

Seoul's Joint Chiefs of Staff announced that intelligence authorities in South Korea and the U.S. are thoroughly analyzing the projectiles, fired from northeastern North Korea into the Sea of Japan. The Joint Chiefs had yet to confirm whether they were indeed ballistic missiles, which United Nations Security Council resolutions prohibit Pyongyang from firing.

 

A ballistic missile test would be the first since U.S. President Joe Biden took office in January. The North reportedly fired short-range missiles last weekend – a provocation the Biden administration downplayed as it seeks dialogue with Pyongyang.

 

A Japanese Defense Ministry spokesman said the projectiles did not fall within Japan's territory or exclusive economic zone. The Joint Chiefs said that South Korean forces had raised their level of monitoring and defense, while cooperating with the U.S. closely. "We are prepared for anything," they said in a text message to reporters.

 

South Korea's presidential Blue House said it would host an emergency National Security Council meeting at 9 a.m. to discuss North Korea's projectiles. Pyongyang's move comes a week after the U.S. secretaries of state and defense met with their South Korean counterparts in Seoul. In a news conference after the meeting, Secretary of State Antony Blinken demanded that China use its influence in North Korea to push the country toward denuclearization. Experts say North Korea is testing the Biden administration, gauging how far Washington will tolerate its actions.

 

"With its return to testing different types of missiles, Pyongyang is flirting with the limits of what it can get away with under U.N. Security Council resolutions," said Leif-Eric Easley, a professor of international studies at Ewha Womans University in Seoul. "It is also challenging the 2018 Inter-Korean Comprehensive Military Agreement, which it has threatened to scrap."

https://asia.nikkei.com/Spotlight/N-Korea-at-crossroads/North-Korea-fires-2-suspected-ballistic-missiles-into-sea

Anonymous ID: 255bdb March 24, 2021, 8:21 p.m. No.73091   🗄️.is đź”—kun   >>3157 >>3179

Skillz, Inc sold by CEO: $196.12m-Mar 23

 

The shares of Class A Common Stock were sold at the price of $23.34 per share to the underwriters-Citi, Goldman Sachs, Jefferies, RBC, UBS, Wedbush, Wells Fargo, Canaccord Genuity, Stifel and Bank of America.

Quite the timing for this sale

 

from today

Why Skillz Stock Plunged Today

Shares of mobile-gaming platform company Skillz (NYSE: SKLZ) plunged on Wednesday, possibly due to some confusion regarding the redemption of the company's warrants. However, a lot of other stocks were also down sharply during the session, so perhaps the majority of Skillz's plunge was just due to general market volatility. Either way, the stock closed 14% lower. According to a filing with the Securities and Exchange Commission Tuesday, Skillz appeared to be redeeming its public warrants. However, the filing was a mistake. According to a new filing with the SEC Wednesday, Skillz described the prior filing as "the result of human error by the financial printer."-cap#2

 

Skillz went public via a special purpose acquisition company (SPAC) in 2020. A SPAC will sell units in an initial public offering (IPO) consisting of common shares and warrants. For Skillz, there are over 17 million public warrants from the IPO that the company could exercise when the stock price is over $18 per share – which, of course, it is. Those holding warrants would be entitled to buy common shares of Skillz stock for $11.50 per share. This would mean more cash for the company (up to around $200 million), but it would also add to Skillz's growing share count.

https://www.nasdaq.com/articles/why-skillz-stock-plunged-today-2021-03-24

Investors, including Wellington Management, Fidelity Management & Research, Franklin Templeton, and Neuberger Berman, had committed $159 million in the form of private investment at the time.

 

Skillz Inc., formerly Flying Eagle Acquisition Corp., is a technology company that provides monetization services to game developers through mobile eSports platform. The Company's principal activity is to develop and support an online-hosted technology platform that enables independent game developers to host tournaments and provide competitive gaming activity to end-users. The Company is engaged in operate a marketplace that connects the world through competition, serving both developers and users. The platform has over 40 million registered users and hosts an average of over five million daily tournaments, including 1.5 million paid entry daily tournaments offering over $100 million in prizes each month. The Company offers software development kit (SDK) that contains over 200 features in an approximately 15-megabyte package, which allows over-the-air updates. It also offers developer console that allows the developers to monitor, integrate and update their games over the air. Number of employees : 277 people.

https://www.marketscreener.com/quote/stock/SKILLZ-INC-105997961/company/

https://finviz.com/insidertrading.ashx?oc=1836621&tc=7&b=2

Anonymous ID: 255bdb March 24, 2021, 8:47 p.m. No.73095   🗄️.is đź”—kun   >>3117 >>3157 >>3179

Japanese AF CYGNS12 777 getting some exercise at Chitose AB, Hokkaido

 

Pilots getting seat time, systems check and prep for trip to Washington

This AC is likely to be used to transport PM Suga to DC for the April 1st meeting(s)

This is one of two 777 and have replaced the 747's the Japanese have used since the early 90's

Chitose is the primary base for The Japanese Air Self-Defense Force (JASDF) for the north

 

dey really gonna go through with this…kek!