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Top Stocks To Short Today As Investors Overlook Jobless Claims

Top Stocks To Short Today As Investors Overlook Jobless Claims
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IPO Lookout

The second largest initial public offering of the year, TerraForm Global (NASDAQ: GLBL), is set to begin trading the week of July 27. The company anticipates its offering to price 56.57 million shares between $19 and $21 per share on the NASDAQ. At its midpoint, it would have a market cap of $1.. Read More.

NordicTrack Co Can t Hit Brakes On Peloton Sales In IP Suit

ADVERTISEMENT ADVERTISEMENT NordicTrack Co. Can t Hit Brakes On Peloton Sales In IP Suit Law360 (February 22, 2021, 10:46 PM EST) A Delaware federal judge on Monday rejected Icon Health & Fitness bid for a preliminary injunction to block Peloton from selling its new Bike+ product, ruling that Peloton raised enough questions on the validity of its rival s patent-infringement claims to avoid a shutdown of its sales. U.S. District Judge Richard G. Andrews said that Icon Health & Fitness Inc., which makes NordicTrack exercise products, offered only conclusory assertions to invalidity while relying almost solely on an expert s declaration that failed to demonstrate a likelihood of success on its claims.

Olmsted County sends $3 4 million in new grants to businesses, nonprofits

Olmsted County sends $3 4 million in new grants to businesses, nonprofits
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Olmsted County Announces Over $3 Million In Grants

In January, the Olmsted County Board of Commissioners announced it allocated a total of $3,388,968 in economic relief funds to small businesses and non-profits affected by COVID-19 as part of the State of Minnesota County Relief Funding Program. According to a press release from Olmsted County, a total of 169 small businesses met the eligibility criteria and were chosen as grant recipients, and 34 non-profit organizations met the eligibility criteria and were chosen as grant recipients. A total of $2,711,174 was allocated to the grant program for small businesses and food/beverage-serving 501(c)(8) and 501(c)(19) non-profits, administered by Rochester Area Economic Development, Inc, and $677,794 was allocated to the grant program for 501(c)(3) non-profits administered by the Rochester Area Foundation (RAF).

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