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CLIK-News
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Stock Futures Rebound as Oil Prices Retreat Easing Inflation Pressure
Stock futures are pointing to a rebound after four straight sessions of declines. The bounce comes as oil prices retreat more than 3% from their recent highs, easing some of the inflation pressure that has pushed Treasury yields to multiyear highs.The August consumer price index report came in roughly in-line with expectations, with headline consumer prices rising 0.4% month over month and 3.4% from a year earlier, while core CPI increased 0.3% monthly and 2.4% annually. The firmer-than-expected core reading suggests underlying inflation remains sticky.Markets are now pricing a high probability of a 25-basis-point Fed hike next week, a dramatic change from the expectations for rate cuts that dominated the market earlier in the summer. The 10-year Treasury yield is hovering around 4.94%-4.96%, while the 30-year yield recently reached its highest level since 2004.WTI has fallen back below $100 and Brent is around $103-$104, but both remain sharply higher for the week amid escalating Middle East tensions and disruptions around the Strait of Hormuz.In pre-market trading, S&P 500 futures rose 0.65%, Nasdaq futures rose 0.81% and Dow futures rose 0.81%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Click Holdingsup 4% after announcing that its CEO, Chan Chun Sing, has purchased 48,200 Class A ordinary shares of the company in the open marketGameStopup 4% after disclosing that its CEO Ryan Cohen bought 1M shares of common stock on September 10 in a total transaction valued at about $20MUP AFTER EARNINGS -Oracleup 6%Copartup 6% after earnings and a deal to buy ACV AuctionsDOWN AFTER EARNINGS -Zumiezdown 16%National Beveragedown 6%Adobedown 3%Krogerdown 2%LOWER -NuScale Powerdown 4% after UBS downgraded the stock to Sell with a price target of $6, down from $10, implying 40% downside from current levelsOklodown 2% after entering into an at-the-market equity offering for up to $1B
Click Holdings Signs MOU to Enter Shandong Province
Click Holdings announced that its senior-care brand Care U has signed a memorandum of understanding to enter Shandong Province - China's largest provincial market by elderly population - through the Qingdao elderly-nursing network of Weipu, affiliated with Hong Kong Baixiangyuan Elderly Care Consulting Limited. The MOU gives Care U a local channel in Qingdao, starting in Jimo District, to roll out Care U home-nursing services and the Care U Go mobile safety platform across Shandong. It executes Click's plan to scale Care U home nursing through Mainland Tier-1 and Tier-2 cities over the next three years.
Click Holdings Files $100M Mixed Securities Shelf
Click Holdings files $100M mixed securities shelf
Company Offers Sale of 4.5M Class A Ordinary Shares
This filing relates to the offer and sale from time to time by the selling stockholders of up to 4.5M Class A ordinary shares. The company is not selling any shares under this prospectus and will not receive any of the proceeds from the sale of shares by the selling stockholders.
Click Holdings Acquires 100% Equity in Hong Kong Digital HR Solutions Company
Click Holdings announced the strategic acquisition of 100% equity stake in a Hong Kong-based company specializing in digital HR solutions for the construction industry. The target operates an integrated platform that streamlines salary payments between construction workers and subcontractors, while incorporating attendance tracking, work records, and comprehensive workforce management tools. Through this investment and strategic partnership, Click Holdings gains privileged access to a valuable database covering data on hundreds of thousands of construction workers across Hong Kong. Click Holdings expects this acquisition and ongoing collaboration to rapidly scale the construction worker HR solutions segment. Within two years, it is projected to contribute over HK$50M in annual revenue to the CLIK Group.
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