- JD.Com Inc (NASDAQ:JD) subsidiary JD Logistics plans to raise $1.1 billion through a share placement and subscription agreement.
- JD Logistics intends to enter into a subscription agreement with its parent company JD.Com for a $700 million share placement (JDL Subscription).
- JD Logistics plans to raise $400 million from an equity offering (JDL Placement).
- The proposed JDL Placement and JD Subscription will be subject to the execution of definitive transaction documents.
- Price Action: JD shares are trading lower by 5.90% at $60.50 on the last check Thursday.
Information Services Q4 EPS $0.10 Beats $0.08 Estimate, Sales $69.60M Beat $67.96M Estimate
Information Services (NASDAQ:III) reported quarterly earnings of $0.10 per share which beat the analyst consensus estimate of $0.08 by 25 percent. This is unchanged from the same period last year. The company reported
