Day: June 4, 2020

Jun 04
Asian stocks reach two-month high on economic recovery hopes

Asian stocks rose to a two-month high on Thursday as expectations of further government stimulus supported investor confidence in an economic recovery from the global coronavirus pandemic. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.43%, earlier touching the highest since March 9. Euro Stoxx 50 futures were down 0.03%, German DAX […]

Jun 04
Warner Music Group kicks off $1.8 billion Nasdaq IPO

Warner Music Group announced Tuesday it plans to list 70 million shares about three months after canceling the multibillion-dollar initial public offering. The label conglomerate aims to sell shares between $23 and $26 each and bring in as much as $1.8 billion, according to a Tuesday regulatory filing. The company will list shares on the Nasdaq […]