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Pookiefoot

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- PookiefootPookiefoot
  ·2021-07-21
  #xela
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- PookiefootPookiefoot
  ·2021-07-08
  Good to know........
  Yellen's next test: Persuading G20 that U.S. Congress will not block tax deal
  WASHINGTON, July 7 (Reuters) - U.S. Treasury Secretary Janet Yellen was able to help corral 130 coun
  Yellen's next test: Persuading G20 that U.S. Congress will not block tax deal
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- PookiefootPookiefoot
  ·2021-07-08
  Nice
  Sorry, this post has been deleted
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- PookiefootPookiefoot
  ·2021-07-07
  Nice
  Mark Wahlberg-backed F45 targets over $1.5 bln valuation in U.S. IPO
  July 7 (Reuters) - Mark Wahlberg-backed fitness chain F45 Training Holdings Inc is eyeing a valuatio
  Mark Wahlberg-backed F45 targets over $1.5 bln valuation in U.S. IPO
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- PookiefootPookiefoot
  ·2021-07-05
  Good
  @eugina：
  $Exela Technologies, Inc.(XELA)$huat ar...
  $Exela Technologies, Inc.(XELA)$huat ar...
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- PookiefootPookiefoot
  ·2021-06-19
  Buy buy buy
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- PookiefootPookiefoot
  ·2021-06-18
  Nice
  Sorry, this post has been deleted
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- PookiefootPookiefoot
  ·2021-06-18
  Like n comments
  Sorry, this post has been deleted
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- PookiefootPookiefoot
  ·2021-06-18
  ??
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- PookiefootPookiefoot
  ·2021-06-17
  Nice z1
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to know........","listText":"Good to know........","text":"Good to know........","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/149377417","repostId":"2149319224","repostType":4,"repost":{"id":"2149319224","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625707085,"share":"https://ttm.financial/m/news/2149319224?lang=en_US&edition=fundamental","pubTime":"2021-07-08 09:18","market":"us","language":"en","title":"Yellen's next test: Persuading G20 that U.S. Congress will not block tax deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2149319224","media":"Reuters","summary":"WASHINGTON, July 7 (Reuters) - U.S. Treasury Secretary Janet Yellen was able to help corral 130 coun","content":"<p>WASHINGTON, July 7 (Reuters) - U.S. Treasury Secretary Janet Yellen was able to help corral 130 countries to agree to a major revamp of international corporate taxation, but showing them she can bring a deeply divided U.S. Congress on board may prove equally challenging.</p>\n<p>Yellen is expected to face questions from G20 finance leaders at a meeting in Venice, Italy, this week about how the Biden administration will win legislative approval to increase the U.S. corporate minimum tax rate&nbsp;and implement new rules that would allow more countries to tax large, highly profitable multinational corporations.</p>\n<p>While G20 finance officials discuss next steps, such as whether the minimum tax rate should exceed 15%, some are casting a wary eye towards Capitol Hill, where Republicans and business groups are fighting Democratic President Joe Biden's proposed tax increases on corporations and wealthy Americans.</p>\n<p>These proposals contain key provisions to align U.S. tax laws with the Organization for Economic Cooperation and Development's (OECD) international tax deal and are expected to be included in a budget reconciliation measure that Democrats aim to pass without Republican support.</p>\n<p>Republican Senate leader Mitch McConnell on Tuesday vowed to try to block a partisan tax bill, promising a \"hell of a fight for what this country ought to look like in the future.\"</p>\n<p>The divisions could put Yellen in a tight spot, because she has been a driving force behind the international push for a 15%-plus global minimum tax and a new mechanism allowing the profits of large multinational firms to be partly taxed by countries where they sell products and services, regardless of where their headquarters and intellectual property reside.</p>\n<p>LOGICAL QUESTION</p>\n<p>U.S. movement on key issues brought years of drawn out OECD negotiations to fruition.</p>\n<p>\"If she's pushing the rest of the world to adopt a global minimum tax with a floor at 15%, it is going to be completely rational for other countries to say, 'Is Congress going to accept what you're asking the rest of the world to do?,'\" said Manal Corwin, the head of KPMG's Washington National Tax practice.</p>\n<p>\"She's going to have to show a political commitment on the administration's part to do something in the tax space in order for other countries to believe that we're on track,\" added Corwin, a former U.S. Treasury international tax official.</p>\n<p>Tax experts say that since the United States already has a 10.5% global minimum tax, known as the Global Intangible Low-Taxed Income tax, or GILTI, it is likely already compliant with that part of OECD deal, but would need to raise the rate to make a 15% minimum tax work in practice.</p>\n<p>The Biden administration has proposed a 21% U.S. GILTI tax rate, equal to the current domestic corporate tax rate.</p>\n<p>Congress also would need to approve changes to comply with a new multilateral treaty needed to allow for the reallocation of taxing rights for multinationals.</p>\n<p>A U.S. Treasury official said on Tuesday that Yellen is working with the Democratic chairs of House and Senate tax writing committees to include provisions in the reconciliation legislation to bring U.S. tax law in line with the OECD goals.</p>\n<p>The official said the multinational taxing rights proposal has been carefully crafted to appeal to both Democrats and Republicans, as it eliminates discrimination against U.S. companies and would ban digital services taxes targeting U.S. technology firms. Preliminary estimates show that revenues would not be lost to other countries, the official said, addressing a common Republican complaint.</p>\n<p>Representative Kevin Brady, the top Republican on the House Ways and Means Committee, on Wednesday predicted that Congress would reject the tax deal because it cedes U.S. tax base and advantages foreign firms over domestic companies.</p>\n<p>\"When America is surrendering economically, why wouldn't the world go along?\" Brady said on a call with reporters.</p>\n<p>Foreign officials may have little choice but to trust that Yellen can get the job done in Congress, said Jon Lieber, U.S. managing director for political risk consultancy Eurasia group. The G20 and OECD are working towards an October G20 leaders' summit for a completed proposal, with full implementation targeted for 2023.</p>\n<p>\"We are relatively confident that they will find an agreement -- that's what the Treasury secretary has led us to believe,\" said <a href=\"https://laohu8.com/S/AONE\">one</a> European finance ministry official. \"But if they don't ratify, then everything will be up in question.\"</p>","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>Yellen's next test: Persuading G20 that U.S. Congress will not block tax deal</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; 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}\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\">\nYellen's next test: Persuading G20 that U.S. Congress will not block tax deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-08 09:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, July 7 (Reuters) - U.S. Treasury Secretary Janet Yellen was able to help corral 130 countries to agree to a major revamp of international corporate taxation, but showing them she can bring a deeply divided U.S. Congress on board may prove equally challenging.</p>\n<p>Yellen is expected to face questions from G20 finance leaders at a meeting in Venice, Italy, this week about how the Biden administration will win legislative approval to increase the U.S. corporate minimum tax rate&nbsp;and implement new rules that would allow more countries to tax large, highly profitable multinational corporations.</p>\n<p>While G20 finance officials discuss next steps, such as whether the minimum tax rate should exceed 15%, some are casting a wary eye towards Capitol Hill, where Republicans and business groups are fighting Democratic President Joe Biden's proposed tax increases on corporations and wealthy Americans.</p>\n<p>These proposals contain key provisions to align U.S. tax laws with the Organization for Economic Cooperation and Development's (OECD) international tax deal and are expected to be included in a budget reconciliation measure that Democrats aim to pass without Republican support.</p>\n<p>Republican Senate leader Mitch McConnell on Tuesday vowed to try to block a partisan tax bill, promising a \"hell of a fight for what this country ought to look like in the future.\"</p>\n<p>The divisions could put Yellen in a tight spot, because she has been a driving force behind the international push for a 15%-plus global minimum tax and a new mechanism allowing the profits of large multinational firms to be partly taxed by countries where they sell products and services, regardless of where their headquarters and intellectual property reside.</p>\n<p>LOGICAL QUESTION</p>\n<p>U.S. movement on key issues brought years of drawn out OECD negotiations to fruition.</p>\n<p>\"If she's pushing the rest of the world to adopt a global minimum tax with a floor at 15%, it is going to be completely rational for other countries to say, 'Is Congress going to accept what you're asking the rest of the world to do?,'\" said Manal Corwin, the head of KPMG's Washington National Tax practice.</p>\n<p>\"She's going to have to show a political commitment on the administration's part to do something in the tax space in order for other countries to believe that we're on track,\" added Corwin, a former U.S. Treasury international tax official.</p>\n<p>Tax experts say that since the United States already has a 10.5% global minimum tax, known as the Global Intangible Low-Taxed Income tax, or GILTI, it is likely already compliant with that part of OECD deal, but would need to raise the rate to make a 15% minimum tax work in practice.</p>\n<p>The Biden administration has proposed a 21% U.S. GILTI tax rate, equal to the current domestic corporate tax rate.</p>\n<p>Congress also would need to approve changes to comply with a new multilateral treaty needed to allow for the reallocation of taxing rights for multinationals.</p>\n<p>A U.S. Treasury official said on Tuesday that Yellen is working with the Democratic chairs of House and Senate tax writing committees to include provisions in the reconciliation legislation to bring U.S. tax law in line with the OECD goals.</p>\n<p>The official said the multinational taxing rights proposal has been carefully crafted to appeal to both Democrats and Republicans, as it eliminates discrimination against U.S. companies and would ban digital services taxes targeting U.S. technology firms. Preliminary estimates show that revenues would not be lost to other countries, the official said, addressing a common Republican complaint.</p>\n<p>Representative Kevin Brady, the top Republican on the House Ways and Means Committee, on Wednesday predicted that Congress would reject the tax deal because it cedes U.S. tax base and advantages foreign firms over domestic companies.</p>\n<p>\"When America is surrendering economically, why wouldn't the world go along?\" Brady said on a call with reporters.</p>\n<p>Foreign officials may have little choice but to trust that Yellen can get the job done in Congress, said Jon Lieber, U.S. managing director for political risk consultancy Eurasia group. The G20 and OECD are working towards an October G20 leaders' summit for a completed proposal, with full implementation targeted for 2023.</p>\n<p>\"We are relatively confident that they will find an agreement -- that's what the Treasury secretary has led us to believe,\" said <a href=\"https://laohu8.com/S/AONE\">one</a> European finance ministry official. \"But if they don't ratify, then everything will be up in question.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149319224","content_text":"WASHINGTON, July 7 (Reuters) - U.S. Treasury Secretary Janet Yellen was able to help corral 130 countries to agree to a major revamp of international corporate taxation, but showing them she can bring a deeply divided U.S. Congress on board may prove equally challenging.\nYellen is expected to face questions from G20 finance leaders at a meeting in Venice, Italy, this week about how the Biden administration will win legislative approval to increase the U.S. corporate minimum tax rate and implement new rules that would allow more countries to tax large, highly profitable multinational corporations.\nWhile G20 finance officials discuss next steps, such as whether the minimum tax rate should exceed 15%, some are casting a wary eye towards Capitol Hill, where Republicans and business groups are fighting Democratic President Joe Biden's proposed tax increases on corporations and wealthy Americans.\nThese proposals contain key provisions to align U.S. tax laws with the Organization for Economic Cooperation and Development's (OECD) international tax deal and are expected to be included in a budget reconciliation measure that Democrats aim to pass without Republican support.\nRepublican Senate leader Mitch McConnell on Tuesday vowed to try to block a partisan tax bill, promising a \"hell of a fight for what this country ought to look like in the future.\"\nThe divisions could put Yellen in a tight spot, because she has been a driving force behind the international push for a 15%-plus global minimum tax and a new mechanism allowing the profits of large multinational firms to be partly taxed by countries where they sell products and services, regardless of where their headquarters and intellectual property reside.\nLOGICAL QUESTION\nU.S. movement on key issues brought years of drawn out OECD negotiations to fruition.\n\"If she's pushing the rest of the world to adopt a global minimum tax with a floor at 15%, it is going to be completely rational for other countries to say, 'Is Congress going to accept what you're asking the rest of the world to do?,'\" said Manal Corwin, the head of KPMG's Washington National Tax practice.\n\"She's going to have to show a political commitment on the administration's part to do something in the tax space in order for other countries to believe that we're on track,\" added Corwin, a former U.S. Treasury international tax official.\nTax experts say that since the United States already has a 10.5% global minimum tax, known as the Global Intangible Low-Taxed Income tax, or GILTI, it is likely already compliant with that part of OECD deal, but would need to raise the rate to make a 15% minimum tax work in practice.\nThe Biden administration has proposed a 21% U.S. GILTI tax rate, equal to the current domestic corporate tax rate.\nCongress also would need to approve changes to comply with a new multilateral treaty needed to allow for the reallocation of taxing rights for multinationals.\nA U.S. Treasury official said on Tuesday that Yellen is working with the Democratic chairs of House and Senate tax writing committees to include provisions in the reconciliation legislation to bring U.S. tax law in line with the OECD goals.\nThe official said the multinational taxing rights proposal has been carefully crafted to appeal to both Democrats and Republicans, as it eliminates discrimination against U.S. companies and would ban digital services taxes targeting U.S. technology firms. Preliminary estimates show that revenues would not be lost to other countries, the official said, addressing a common Republican complaint.\nRepresentative Kevin Brady, the top Republican on the House Ways and Means Committee, on Wednesday predicted that Congress would reject the tax deal because it cedes U.S. tax base and advantages foreign firms over domestic companies.\n\"When America is surrendering economically, why wouldn't the world go along?\" Brady said on a call with reporters.\nForeign officials may have little choice but to trust that Yellen can get the job done in Congress, said Jon Lieber, U.S. managing director for political risk consultancy Eurasia group. The G20 and OECD are working towards an October G20 leaders' summit for a completed proposal, with full implementation targeted for 2023.\n\"We are relatively confident that they will find an agreement -- that's what the Treasury secretary has led us to believe,\" said one European finance ministry official. \"But if they don't ratify, then everything will be up in question.\"","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2842,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149375423,"gmtCreate":1625707269262,"gmtModify":1703746765674,"author":{"id":"3565815216155658","authorId":"3565815216155658","name":"Pookiefoot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3565815216155658","authorIdStr":"3565815216155658"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149375423","repostId":"1176865752","repostType":4,"isVote":1,"tweetType":1,"viewCount":1756,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140555272,"gmtCreate":1625666981796,"gmtModify":1703746031417,"author":{"id":"3565815216155658","authorId":"3565815216155658","name":"Pookiefoot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3565815216155658","authorIdStr":"3565815216155658"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/140555272","repostId":"1170890468","repostType":4,"repost":{"id":"1170890468","kind":"news","pubTimestamp":1625666670,"share":"https://ttm.financial/m/news/1170890468?lang=en_US&edition=fundamental","pubTime":"2021-07-07 22:04","market":"us","language":"en","title":"Mark Wahlberg-backed F45 targets over $1.5 bln valuation in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1170890468","media":"Reuters","summary":"July 7 (Reuters) - Mark Wahlberg-backed fitness chain F45 Training Holdings Inc is eyeing a valuatio","content":"<p>July 7 (Reuters) - Mark Wahlberg-backed fitness chain F45 Training Holdings Inc is eyeing a valuation of more than $1.5 billion in a U.S. initial public offering (IPO), months after terminating its merger with a blank-check company.</p>\n<p>The Austin, Texas-based company was founded in 2013 in Australia and now has more than 1,500 studios, with about 2,800 franchises in 63 countries.</p>\n<p>F45 said on Wednesday it was aiming to sell about 20.3 million shares priced between $15 and $17 apiece to raise up to $345 million. About 1.6 million shares in the IPO are being offered by the selling stockholder, the proceeds of which would not go to the company.</p>\n<p>F45 agreed in June last year to merge with Crescent Acquisition Corp, a special purpose acquisition company, but later canceled the deal as the COVID-19 pandemic shut several of its studios.</p>\n<p>It posted an 11% drop in revenue for the year ended Dec. 31, 2020, with its net loss widening to $25.3 million from a loss of $12.6 million a year earlier.</p>\n<p>About 86% of the company's total studios were open as of March 31, according to its filing.</p>\n<p>The company is seeking to list on the New York Stock Exchange and will trade under the ticker symbol \"FXLV.\"</p>\n<p>Goldman Sachs and J.P. Morgan are the lead underwriters for the offering.</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>Mark Wahlberg-backed F45 targets over $1.5 bln valuation in U.S. IPO</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\">\nMark Wahlberg-backed F45 targets over $1.5 bln valuation in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 22:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/mark-wahlberg-backed-f45-targets-135813230.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 7 (Reuters) - Mark Wahlberg-backed fitness chain F45 Training Holdings Inc is eyeing a valuation of more than $1.5 billion in a U.S. initial public offering (IPO), months after terminating its ...</p>\n\n<a href=\"https://finance.yahoo.com/news/mark-wahlberg-backed-f45-targets-135813230.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/mark-wahlberg-backed-f45-targets-135813230.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170890468","content_text":"July 7 (Reuters) - Mark Wahlberg-backed fitness chain F45 Training Holdings Inc is eyeing a valuation of more than $1.5 billion in a U.S. initial public offering (IPO), months after terminating its merger with a blank-check company.\nThe Austin, Texas-based company was founded in 2013 in Australia and now has more than 1,500 studios, with about 2,800 franchises in 63 countries.\nF45 said on Wednesday it was aiming to sell about 20.3 million shares priced between $15 and $17 apiece to raise up to $345 million. About 1.6 million shares in the IPO are being offered by the selling stockholder, the proceeds of which would not go to the company.\nF45 agreed in June last year to merge with Crescent Acquisition Corp, a special purpose acquisition company, but later canceled the deal as the COVID-19 pandemic shut several of its studios.\nIt posted an 11% drop in revenue for the year ended Dec. 31, 2020, with its net loss widening to $25.3 million from a loss of $12.6 million a year earlier.\nAbout 86% of the company's total studios were open as of March 31, according to its filing.\nThe company is seeking to list on the New York Stock Exchange and will trade under the ticker symbol \"FXLV.\"\nGoldman Sachs and J.P. Morgan are the lead underwriters for the offering.","news_type":1,"symbols_score_info":{".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2417,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3572077804076143","authorId":"3572077804076143","name":"Yappy","avatar":"https://static.tigerbbs.com/ab4d89913ade03f15c782b99132ba22f","crmLevel":12,"crmLevelSwitch":1,"idStr":"3572077804076143","authorIdStr":"3572077804076143"},"content":"yes nice","text":"yes nice","html":"yes 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