By Manya Saini(Reuters) -Nasdaq Inc plans to introduce 24-hour trading on its flagship U.S. exchange to capitalize on growing global demand for U.S. equities, a senior executive said in a social media post on Friday.International demand for the lucrative U.S. equity market has surged in recent years, driven by rising retail participation, increasing financial literacy, and easier access to digital ...
Investing.com -- Moody’s Ratings has assigned an A3 senior unsecured rating to the proposed exchangeable bonds that Baidu Inc (NASDAQ:BIDU). plans to issue. The rating agency believes that the issuance will extend Baidu’s debt maturity profile, provide financial flexibility and expand its capacity to address its funding needs over the medium term, according to Shawn Xiong, a Moody’s Ratings ...
Investing.com -- Moody’s Ratings has downgraded the corporate family rating (CFR) of MaxLinear, Inc. (NASDAQ:MXL) to B3 from B1, while changing the outlook from negative to stable. The downgrade also extends to MaxLinear’s senior secured first lien credit facilities, which include the revolver due in June 2026 and Term Loan B due in June 2028, both of which were downgraded to B3 from B1. The S ...
Investing.com -- Zim Integrated Shipping Services stock is showing a 3.4% increase prior to the market opening, following a report by Street Insider that the company’s management is discussing a potential take-private transaction with advisers.Jefferies analyst Omar Nokta thinks that investors might oppose such a deal at the current stock price. He points out that the shipping company’s cash ...