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- JessiepingJessieping
  ·2021-07-15
  Good
  Raise minimum S Pass pay to S$4,500 over time, target unfair hiring to ensure strong Singaporean core: MAS chief
  [SINGAPORE] For Singapore to be truly innovative, it should turn education and healthcare into major
  Raise minimum S Pass pay to S$4,500 over time, target unfair hiring to ensure strong Singaporean core: MAS chief
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- JessiepingJessieping
  ·2021-06-24
  Hi
  BlackBerry Holders Defy Glass Lewis, Gardner to Back Watsa
  (Bloomberg) -- BlackBerry Ltd. shareholders voted to keep Prem Watsa as lead director, despite compl
  BlackBerry Holders Defy Glass Lewis, Gardner to Back Watsa
  2,447 评论
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- JessiepingJessieping
  ·2021-06-23
  Hi
  Krispy Kreme Seeks $640 Million in IPO as Sales Move Online
  (Bloomberg) -- Krispy Kreme Inc., the doughnut chain owned by JAB Holdings BV, is seeking to raise a
  Krispy Kreme Seeks $640 Million in IPO as Sales Move Online
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- JessiepingJessieping
  ·2021-06-22
  Ha
  非常抱歉，此主贴已删除
  952 评论
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- JessiepingJessieping
  ·2021-06-21
  Okkk
  非常抱歉，此主贴已删除
  3,300 评论
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- JessiepingJessieping
  ·2021-06-18
  Wah
  非常抱歉，此主贴已删除
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- JessiepingJessieping
  ·2021-06-17
  How to get comment featured
  非常抱歉，此主贴已删除
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- JessiepingJessieping
  ·2021-06-17
  Yeah
  非常抱歉，此主贴已删除
  2,733 评论
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- JessiepingJessieping
  ·2021-06-15
  Hi
  非常抱歉，此主贴已删除
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- JessiepingJessieping
  ·2021-06-14
  Yes
  非常抱歉，此主贴已删除
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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\">\nRaise minimum S Pass pay to S$4,500 over time, target unfair hiring to ensure strong Singaporean core: MAS chief\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/singapore/politics/tighten-salary-criteria-target-discriminatory-hiring-to-ensure-strong-singaporean><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[SINGAPORE] For Singapore to be truly innovative, it should turn education and healthcare into major exportable services, digitalise its economy end-to-end, and take the lead in Asia on the green ...</p>\n\n<a href=\"https://www.straitstimes.com/singapore/politics/tighten-salary-criteria-target-discriminatory-hiring-to-ensure-strong-singaporean\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.straitstimes.com/singapore/politics/tighten-salary-criteria-target-discriminatory-hiring-to-ensure-strong-singaporean","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119459818","content_text":"[SINGAPORE] For Singapore to be truly innovative, it should turn education and healthcare into major exportable services, digitalise its economy end-to-end, and take the lead in Asia on the green economy.\nIt also needs a strong Singaporean core to work alongside the best global talents, said Singapore's central bank chief on Wednesday.\nSpeaking on the topic \"An Innovative Economy\" at the Institute of Policy Studies (IPS) at the Lee Kuan Yew School of Public Policy (LKYSPP), Monetary Authority of Singapore managing director Ravi Menon said some steps that could be taken include raising the qualifying salaries of foreign workers here, as well as stemming discriminatory hiring practices.\nIt was the second of four lectures he is giving in his capacity as IPS's ninth S R Nathan Fellow. The fellowship advances research on public policy and governance.\nMr Menon cited education and healthcare as two areas that can be turned into major exportable services.\n\"Can Singapore be the Oxbridge of Asia for education and the Mayo of Asia for healthcare?\n\"Given the trust premium Singapore enjoys and the high quality of our education and healthcare systems, coupled with the rise of a more discerning Asian middle class, the stars might be aligned for such a pivot.\"\nThe export intensity of the country's education and healthcare services, he observed, has not improved over the years.\nIn 2017, about 13 per cent of the output in education services was exported, just slightly higher than the 12 per cent in 2010; while the export intensity of healthcare services fell from 15 to 10 per cent during this period.\nHe added that Singapore cannot be a high-wage, low-cost economy.\nInstead, it must become a high-productivity, high-wage, high-cost economy - where most people can bear the higher costs because they have higher wages, and can earn higher wages because they have higher productivity.\nCiting studies which show that countries with high labour costs can also be highly competitive, he said: \"We should aim to create a self-reinforcing virtuous cycle of higher wages and costs accompanied by higher productivity, as well as higher purchasing power and willingness to pay for higher quality domestic services.\n\"It will not be easy and the transition has to be carefully managed. But it's worth trying.\"\nDIGITALISING END-TO-END\nBeing digital end-to-end means two things, said Mr Menon: Digitalising business processes within a firm by fully integrating front-end operations with the back-end; and ensuring that digital systems across firms are interoperable.\nA comprehensive digital ecosystem, he said, requires collective governance, common standards, open architecture and interoperable infrastructure.\n\"This means taking a risk-based approach to regulating new technology. Regulators need to keep pace with innovation but regulation itself must not front-run innovation.\"\nHe highlighted the importance of transparency in fostering trust in a digital economy. Users, he said, must be given clear explanations of what data is being used, how it is being used, as well as the consequences of decisions made using the data.\nThe authorities should also seriously consider mandating basic cyber hygiene for all businesses engaged in the digital economy, he said, calling actions such as installing security patches promptly and data encryption \"as essential as fire safety requirements\".\nSINGAPOREAN CORE WITH GLOBAL TALENT\nThe Republic's two-pronged talent strategy - of growing a strong Singaporean core while attracting talents from abroad to complement the workforce - is coming under strain amid growing unhappiness among locals over job competition from foreigners, said Mr Menon.\nHe cautioned that the country's value proposition as an innovative business hub will be at \"serious risk\" if it restricts the flow of talent. But the anxieties that some Singaporeans feel about the influx of foreigners are real and need to be addressed too, he said.\n\"We need to resolve this affective divide... Singapore cannot afford to be seen either as lacking in opportunity for our own citizens or unwelcoming of foreigners.\"\nHe suggested doing two things: First, continue to raise the minimum qualifying salary for S Pass holders and Employment Pass (EP) holders over time, with the minimum qualifying salary for S Pass holders pegged somewhere closer to the median monthly income, or around S$4,500.\nS Pass holders currently earn at least S$2,500 a month, with older, more experienced applicants needing higher salaries to qualify.\nHe cautioned against tightening EPs at the higher end, as it could lead to the loss of adjacent local jobs.\nThis is because highly skilled EP holders tend to create employment for locals by facilitating business expansion into new areas, rather than substituting for them, he said.\nSecond, more directly target discriminatory hiring in favour of foreigners in some firms.\n\"Rather than curtail the inflow of foreign workers and thereby restrain business growth and job opportunities for locals, we might want to consider directly punishing the individuals in the firm found to have engaged in discriminatory hiring,\" he said.\nSuch measures could include imposing financial penalties, reducing bonuses and freezing promotions.\nMr Menon stressed that being an international hub is the only way a small country like Singapore can aspire to First World standards of living.\nSingapore, he said, attained its current level of prosperity by being an international centre tapping international talents and serving an international market. But this also means that it must accept a higher foreign presence in Singapore than is the case in other countries.\n\"We can accept this as long as the foreigners who come here are of high quality, help to expand economic activity, and thereby help to create job opportunities for Singaporeans... and Singaporeans are always treated fairly.\"","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":1453,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128060758,"gmtCreate":1624495552474,"gmtModify":1631888960948,"author":{"id":"3581459806944540","authorId":"3581459806944540","name":"Jessieping","avatar":"https://static.tigerbbs.com/3cdbeda6e6ab3483c3a5a4139e5529f8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581459806944540","authorIdStr":"3581459806944540"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/128060758","repostId":"1145579248","repostType":4,"repost":{"id":"1145579248","kind":"news","pubTimestamp":1624494904,"share":"https://www.laohu8.com/m/news/1145579248?lang=&edition=full","pubTime":"2021-06-24 08:35","market":"us","language":"en","title":"BlackBerry Holders Defy Glass Lewis, Gardner to Back Watsa","url":"https://stock-news.laohu8.com/highlight/detail?id=1145579248","media":"Bloomberg","summary":"(Bloomberg) -- BlackBerry Ltd. shareholders voted to keep Prem Watsa as lead director, despite compl","content":"<p>(Bloomberg) -- BlackBerry Ltd. shareholders voted to keep Prem Watsa as lead director, despite complaints from a proxy advisory firm and a prominent investor that he failed to ensure the company’s executive pay is aligned with its performance.</p>\n<p>Shareholders at Wednesday’s annual meeting voted 82.6% in support of re-electing Watsa to the seat he’s held since 2013. Last year, Watsa won 90% of shareholder votes.</p>\n<p>Leading into the meeting, Watsa faced criticism from Glass Lewis &amp; Co. and veteran analyst Dorsey Gardner, both of whom urged shareholders to withhold their support.</p>\n<p>Glass Lewis criticized Watsa for a misalignment between executive pay and performance in recent years, while Gardner emphasized conflicts of interest between Watsa’s board duties and his position as a shareholder -- he controls Fairfax Financial Holdings Ltd., BlackBerry’s largest investor.</p>\n<p>Shareholders also backed BlackBerry’s compensation plan in a “say on pay” vote, though the approval rate was below expectations, a company official said during the online meeting.</p>\n<p>BlackBerry shares have gone up 98% in U.S. trading this year, fueled in part by Reddit forums and social media channels. Fairfax has benefited from the meme-stock mania through its 8% equity stake and its holdings of convertible debt.</p>\n<p>Chief Executive Officer John Chen earned $3 million in salary and bonus for the fiscal year ended Feb. 28, but was granted a $106 million equity award in 2019, according to company filings. BlackBerry President Tom Eacobacci was given an $8 million equity award for fiscal 2021.</p>","source":"lsy1612507957220","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>BlackBerry Holders Defy Glass Lewis, Gardner to Back Watsa</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\">\nBlackBerry Holders Defy Glass Lewis, Gardner to Back Watsa\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 08:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blackberry-holders-defy-glass-lewis-173539380.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- BlackBerry Ltd. shareholders voted to keep Prem Watsa as lead director, despite complaints from a proxy advisory firm and a prominent investor that he failed to ensure the company’s ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blackberry-holders-defy-glass-lewis-173539380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"source_url":"https://finance.yahoo.com/news/blackberry-holders-defy-glass-lewis-173539380.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145579248","content_text":"(Bloomberg) -- BlackBerry Ltd. shareholders voted to keep Prem Watsa as lead director, despite complaints from a proxy advisory firm and a prominent investor that he failed to ensure the company’s executive pay is aligned with its performance.\nShareholders at Wednesday’s annual meeting voted 82.6% in support of re-electing Watsa to the seat he’s held since 2013. Last year, Watsa won 90% of shareholder votes.\nLeading into the meeting, Watsa faced criticism from Glass Lewis & Co. and veteran analyst Dorsey Gardner, both of whom urged shareholders to withhold their support.\nGlass Lewis criticized Watsa for a misalignment between executive pay and performance in recent years, while Gardner emphasized conflicts of interest between Watsa’s board duties and his position as a shareholder -- he controls Fairfax Financial Holdings Ltd., BlackBerry’s largest investor.\nShareholders also backed BlackBerry’s compensation plan in a “say on pay” vote, though the approval rate was below expectations, a company official said during the online meeting.\nBlackBerry shares have gone up 98% in U.S. trading this year, fueled in part by Reddit forums and social media channels. Fairfax has benefited from the meme-stock mania through its 8% equity stake and its holdings of convertible debt.\nChief Executive Officer John Chen earned $3 million in salary and bonus for the fiscal year ended Feb. 28, but was granted a $106 million equity award in 2019, according to company filings. BlackBerry President Tom Eacobacci was given an $8 million equity award for fiscal 2021.","news_type":1,"symbols_score_info":{"BB":0.9}},"isVote":1,"tweetType":1,"viewCount":2447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123172522,"gmtCreate":1624413906566,"gmtModify":1631888960956,"author":{"id":"3581459806944540","authorId":"3581459806944540","name":"Jessieping","avatar":"https://static.tigerbbs.com/3cdbeda6e6ab3483c3a5a4139e5529f8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581459806944540","authorIdStr":"3581459806944540"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123172522","repostId":"1126010678","repostType":4,"repost":{"id":"1126010678","kind":"news","pubTimestamp":1624412603,"share":"https://www.laohu8.com/m/news/1126010678?lang=&edition=full","pubTime":"2021-06-23 09:43","market":"us","language":"en","title":"Krispy Kreme Seeks $640 Million in IPO as Sales Move Online","url":"https://stock-news.laohu8.com/highlight/detail?id=1126010678","media":"Bloomberg","summary":"(Bloomberg) -- Krispy Kreme Inc., the doughnut chain owned by JAB Holdings BV, is seeking to raise a","content":"<p>(Bloomberg) -- Krispy Kreme Inc., the doughnut chain owned by JAB Holdings BV, is seeking to raise as much as $640 million in an initial public offering.</p>\n<p>The company said in a filing Tuesday that it plans to sell almost 27 million shares for $21 to $24 apiece. At the top end of the range, Krispy Kreme would have a market value of $3.86 billion based on the outstanding shares listed in the filing with the U.S. Securities and Exchange Commission.</p>\n<p>Amid photos of doughnuts dripping with sugary glaze and dotted with sprinkles, the company declares in the filing that its purpose is “to touch and enhance lives through the joy of Krispy Kreme.”</p>\n<p>Since its acquisition by Luxembourg-based conglomerate JAB in 2016, Krispy Kreme has expanded its online presence. Its e-commerce business now accounts for close to a fifth of sales in the U.S., fueled by its Insomnia Cookies delivery concept.</p>\n<p>Net revenue for the Charlotte, North Carolina-based chain rose 23% to $322 million in the quarter ended April 4, according to the filing. Its net loss for the quarter shrunk from $11 million in 2020 to $378,000 this year.</p>\n<p>Krispy Kreme plans to use proceeds from the IPO to pay down debt and buy back shares from certain executives, as well as for general corporate purposes, according to the filing. JAB will continue to own almost 78% of the company’s shares after the IPO.</p>\n<p>The offering is being led by JPMorgan Chase &amp; Co., Morgan Stanley, Bank of America Corp. and Citigroup Inc. The company plans to list on the Nasdaq Global Select Market under the symbol DNUT.</p>","source":"lsy1612507957220","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>Krispy Kreme Seeks $640 Million in IPO as Sales Move Online</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\">\nKrispy Kreme Seeks $640 Million in IPO as Sales Move Online\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 09:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/krispy-kreme-sets-price-range-154753866.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Krispy Kreme Inc., the doughnut chain owned by JAB Holdings BV, is seeking to raise as much as $640 million in an initial public offering.\nThe company said in a filing Tuesday that it ...</p>\n\n<a href=\"https://finance.yahoo.com/news/krispy-kreme-sets-price-range-154753866.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DNUT":"Krispy Kreme, Inc."},"source_url":"https://finance.yahoo.com/news/krispy-kreme-sets-price-range-154753866.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126010678","content_text":"(Bloomberg) -- Krispy Kreme Inc., the doughnut chain owned by JAB Holdings BV, is seeking to raise as much as $640 million in an initial public offering.\nThe company said in a filing Tuesday that it plans to sell almost 27 million shares for $21 to $24 apiece. At the top end of the range, Krispy Kreme would have a market value of $3.86 billion based on the outstanding shares listed in the filing with the U.S. Securities and Exchange Commission.\nAmid photos of doughnuts dripping with sugary glaze and dotted with sprinkles, the company declares in the filing that its purpose is “to touch and enhance lives through the joy of Krispy Kreme.”\nSince its acquisition by Luxembourg-based conglomerate JAB in 2016, Krispy Kreme has expanded its online presence. Its e-commerce business now accounts for close to a fifth of sales in the U.S., fueled by its Insomnia Cookies delivery concept.\nNet revenue for the Charlotte, North Carolina-based chain rose 23% to $322 million in the quarter ended April 4, according to the filing. Its net loss for the quarter shrunk from $11 million in 2020 to $378,000 this year.\nKrispy Kreme plans to use proceeds from the IPO to pay down debt and buy back shares from certain executives, as well as for general corporate purposes, according to the filing. JAB will continue to own almost 78% of the company’s shares after the IPO.\nThe offering is being led by JPMorgan Chase & Co., Morgan Stanley, Bank of America Corp. and Citigroup Inc. The company plans to list on the Nasdaq Global Select Market under the symbol DNUT.","news_type":1,"symbols_score_info":{"DNUT":0.9}},"isVote":1,"tweetType":1,"viewCount":2573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120528685,"gmtCreate":1624328514147,"gmtModify":1631888960956,"author":{"id":"3581459806944540","authorId":"3581459806944540","name":"Jessieping","avatar":"https://static.tigerbbs.com/3cdbeda6e6ab3483c3a5a4139e5529f8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581459806944540","authorIdStr":"3581459806944540"},"themes":[],"htmlText":"Ha","listText":"Ha","text":"Ha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120528685","repostId":"1195761455","repostType":4,"isVote":1,"tweetType":1,"viewCount":952,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164485109,"gmtCreate":1624233559601,"gmtModify":1631888960963,"author":{"id":"3581459806944540","authorId":"3581459806944540","name":"Jessieping","avatar":"https://static.tigerbbs.com/3cdbeda6e6ab3483c3a5a4139e5529f8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581459806944540","authorIdStr":"3581459806944540"},"themes":[],"htmlText":"Okkk","listText":"Okkk","text":"Okkk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/164485109","repostId":"1154249454","repostType":4,"isVote":1,"tweetType":1,"viewCount":3300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168825321,"gmtCreate":1623972054063,"gmtModify":1631888960964,"author":{"id":"3581459806944540","authorId":"3581459806944540","name":"Jessieping","avatar":"https://static.tigerbbs.com/3cdbeda6e6ab3483c3a5a4139e5529f8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581459806944540","authorIdStr":"3581459806944540"},"themes":[],"htmlText":"Wah","listText":"Wah","text":"Wah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/168825321","repostId":"1108846547","repostType":4,"isVote":1,"tweetType":1,"viewCount":2570,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161399779,"gmtCreate":1623903723791,"gmtModify":1631888960967,"author":{"id":"3581459806944540","authorId":"3581459806944540","name":"Jessieping","avatar":"https://static.tigerbbs.com/3cdbeda6e6ab3483c3a5a4139e5529f8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581459806944540","authorIdStr":"3581459806944540"},"themes":[],"htmlText":"How 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