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12:42
US-based Frontier Power has entered into a partnership with KKR Capital Markets to support the large-scale deployment of its long-duration energy storage solutions.
This collaboration will leverage KKR's expertise in capital markets and resource network to provide key support for Frontier Electric Power Company's accelerated project implementation and market expansion.
12:41
US stock index futures extend gains as PCE data is roughly in line with expectations
Glonghui, June 25|U.S. stock index futures extended gains as PCE data was broadly in line with expectations, boosting hopes that the Federal Reserve will not be overly hawkish. According to a report from the U.S. Department of Commerce, PCE rose 0.4% month-on-month in May, while economists surveyed by Reuters had expected an increase of 0.5%. The year-on-year growth was 4.1%, in line with expectations. Core PCE rose 0.3% month-on-month, in line with expectations; the year-on-year increase was 3.4%.
12:41
NightFood Holdings, Inc. discloses that JJ Enterprise will carry an implied enterprise value of approximately 100 million dollars
This valuation corresponds to an equity value of approximately $51 million, representing a 51% equity stake.
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