Held at the AllBright Collective in West Hollywood, Guests at Chella Beauty's Exclusive Event Enjoyed Pampering, Mingling and a Chance to be the First to Experience Chella's New Palette.

Fight clubs and fashion designers are betting on "The Bronze Bomber" worn by Deontay Wilder, designed by Cosmo & Donato.

Built on Guided Journeys, the Solutions Enable Digital Transformation by Making Complex Processes Easier to Manage

(Bloomberg) -- Kingsoft Cloud Holdings Ltd. rose 40% in the first major trading debut by a Chinese company since the accounting scandal at Luckin Coffee Inc.The affiliate of Hong Kong-listed Kingsoft Corp. raised $510 million in its initial public offering, pricing its shares at the midpoint of a $16 to $18 targeted range. The shares closed at $23.84 in New York trading Friday, giving the company a market value of $4.77 billion.The Beijing-based cloud computing service company, which had marketed 25 million shares, increased the sale to 30 million American depositary shares.The IPO is the biggest by a Chinese company in the U.S. this year, according to data compiled by Bloomberg. It’s a tricky time for Chinese companies listing in the U.S. after the poster child of Chinese startups, Luckin, was accused of accounting fraud. Luckin’s shares had fallen 74% from its IPO price last year when trading of its stock was suspended in April.Read: Luckin Coffee Scandal Deals Blow to China Inc.’s Reputation“Given the context regarding China ADR, it’s actually good for quality companies,” Henry He, Kingsoft Cloud’s chief financial officer, said in an interview Friday evening in Hong Kong. “The capital has to be deployed and quality long-only investors will pay more attention to quality companies like us.”Tense MomentFinancial performance of Kingsoft Cloud has been consolidated with its Hong Kong-listed parent since its inception and there are publicly available track records for investors to analyze, he added.Its IPO comes at a tense moment for the U.S.-China relationship, after President Donald Trump and Chinese state media have exchanged heated criticisms regarding the origin of coronavirus responsible for the pandemic that has killed more than 269,000 and brought much of the world’s economy to a standstill.China Liberal Education Holdings Ltd., a Beijing-based educational company, fell 18% in its U.S. trading debut Friday after raising $8 million in its IPO. A third company that went public Friday, Ayala Pharmaceuticals Inc., rose 0.2% after its $55 million offering.Kingsoft Cloud is the third-biggest cloud services provider in China by revenue with a market share of 5.4%, according to its filings with the U.S. Securities and Exchange Commission. Last year, it lost $160 million on revenue of $568 million. Its chairman, Lei Jun, was a co-founder of smartphone-maker Xiaomi Corp., which will own about a 14% stake in the company after the offering, according to the filings.The offering was led by JPMorgan Chase & Co., UBS Group AG, Credit Suisse Group AG and China International Capital Corp. The company’s shares are trading on the Nasdaq Global Select market under the symbol KC.(Updates with closing share price in second paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Does history repeat? Many of us, no doubt, remember the crash of the doc.com bubble back in 2000, and at least one analyst sees that pattern repeating before our eyes. Will Meade, who built his reputation in stock analysis with Goldman Sachs, believes that the current rally is only temporary, and that the markets are likely to fall again in 2H20 – by as much as 40%.Meade points that, like in 2000, we have the risk and uncertainty of a Presidential election coming up, and then adds, “The NASDAQ in 2000 did a similar bear market bounce as stocks this year — dropped 40%, then bounced 42% off the bottom retracing 61.8% of its drop. It stalled then fell 43%, making a new low four months later.” If Meade is right, then the true market bottom is due to hit us in late July or early September.The analyst is not all doom and gloom, however. While he is predicting bad news and tough times for the stock markets, he also points out that investors can act now to buffer their personal positions. His advice: move to liquid assets and build a cash savings buffer.Shoring up the savings account is only part of a strong defensive strategy. Investors can also shift their portfolio toward dividend stocks, relying on the steady income from the dividend payments to compensate for lower share price appreciation.We’ve used TipRanks database to find three high-yielding stocks that offer reliable payments – and all three have gotten the thumbs up from Maxim analyst Michael Diana.Ellington Financial, Inc. (EFC)We’ll start in the financial sector, with a small-cap company in the mortgage finance niche. Ellington operates as an investor, putting money into consumer loans, equity investments, mortgage backed securities, and both residential and commercial mortgages. It’s a standard portfolio for a mortgage-focused real estate investment trust.As an REIT, Ellington naturally offers a high dividend. REITs are required to a return a high percentage of profits to investors, and dividends are a sure way to comply with that regulatory provision. In response to the COVID-19 epidemic, and consequent economic damage, Ellington had to reduce its monthly payment starting with the April 29 payout. However, the company is maintaining a 54% payout ratio – returning more than half of earnings to investors. The 8-cent per share payment annualized to 96 cents, and offers investors a yield of 10%.Right now, the Fed’s key interest rate is down to the 0 to 25 basis point range, and Treasury bonds are yielding less than 1%. Even among dividend stocks, the average yield is just 2%. So, EFC’s 10% dividend yield is a fantastic return. Looking ahead, the company is expected to show 40 cents per share in earnings for Q1, more than enough to maintain the new monthly dividend.Maxim’s Michael Diana has tagged EFC as a ‘top pick,’ particularly noting the company’s strong management team: "Managing an mREIT even in 'normal' times is a difficult task, as the manager must balance leverage, prepayment protection, interest income, hedging, and diversity of financing sources to position the investment portfolio to withstand unexpected shocks without giving up too much income. When an unexpected shock does occur, crisis management skills are required to dynamically hedge and reposition the portfolio. We have followed EFC longer than any other analyst and, in our view, EFC management possesses all of these skills."Diana puts an $18 price target on EFC shares, implying a whooping 82% upside potential that fully supports his Buy rating. (To watch Diana’s track record, click here)Wall Street agrees with Diana’s assessment here. The analyst consensus on this stock is a Strong Buy, and it is unanimous, based on 4 Buy reviews set in recent weeks. Shares are selling at a comfortable entry point, just $9.87, and the average price target of $14.38 suggests room for a robust 46% upside growth this year. (See Ellington stock analysis on TipRanks)AGNC Investment (AGNC)Based in the Maryland suburbs of Washington DC, AGNC is another REIT. The company’s portfolio is centered on residential mortgage-backed securities, but with a twist. Most of AGNC’s portfolio investments are guaranteed by the US government. The company’s portfolio includes $70.7 billion in such agency-supported securities, out of a total value of $93 billion.AGNC reported fiscal Q1 earnings at the end of April, and beat the forecast on EPS. Per-share earnings came in at 57 cents, based on $65 million in net interest income. The income interest figure is down significantly from the previous quarter, reflecting the economic troubles caused by the COVID-19 pandemic. On a positive note, AGNC’s cash holdings increased 55% in the first quarter, reaching $1.29 billion by March 31.A solid cash position and safe guarantees on the portfolio make AGNC an attractive investment, and the reliable monthly dividend adds icing to that cake. Like EFC above, AGNC lowered its monthly payment in Q1. The new payment is 12 cents per share per month, which annualized to $1.44 and gives a strong yield of 11.5%. At 63.2%, the payout ratio shows that the dividend is easily sustainable at current income levels – and has room to raised back to previous rates when conditions warrant.Diana is bullish on this stock and upgrades his rating from Hold to Buy. The analyst noted, "While turmoil in the mortgage markets at the end of March resulted in losses and lower book values for all mREITs, AGNC was able to meet all of its margin calls and, importantly, take relatively fewer realized losses, and therefore retain more earnings power post-turmoil. This is why we believe the dividend, currently yielding 11.7% (vs. ~5% for peers) is safe."Along with the Buy rating, Diana gives AGNC a $15 price target, indicating a potential for 20% upside appreciation in the coming 12 months.The analysts are somewhat cautious on AGNC, a sentiment caught by the 8 to 3 split between Buy and Hold reviews. The consensus rating on the stock remains a Moderate Buy, while the $14.53 average price target implies a 14% upside potential. (See AGNC stock analysis on TipRanks)Manhattan Bridge Capital (LOAN)Last on our list is a NYC-based micro-cap lending company, Manhattan Bridge Capital. The company offers short-term financing and collateralized loans. Typical collateral includes real estate and tradeable stock, and the loans are usually used as first mortgages. LOAN originates, services, and manages its loan portfolio, and most of its customers are professional real estate investors and developers.The coronavirus epidemic has hurt real estate development and construction – exactly the type of projects that LOAN finances – in general, but that hit has been especially hard in New York City. At both the State and City levels, lockdown restrictions have been severe, and the mortgage loan environment is described by Diana as ‘challenging.’On a positive note, LOAN has covered its quarterly dividend payment, despite lower Q1 earnings. At 11 cents per share, the quarterly dividend annualized to 44 cents and offers investors a yield of 10.8%. Again, this compares favorably to most investment return yields out there.The high dividend yield alone makes this an attractive investment opportunity, but Diana also points out the stability of Manhattan Bridge’s portfolio, writing, “LOAN has never had to foreclose on a property and has never experienced a loan default.”With the stable portfolio in mind, Diana goes on to say, “We believe LOAN deserves to trade at a P/E premium to [peers] because of its: 1) lower leverage; 2) higher profitability; 3) better credit quality; 4) lower earnings volatility; and 5) dividend growth (which is possible in 2021, in our view, if the environment improves and stabilizes).”Diana’s $6 price target on the stock implies a healthy 46% one-year upside potential, and fully backs his Buy rating on the stock. Diana’s is the only recent Wall Street review of this stock – but should his thesis prove correct, expect LOAN to attract both stock analysts and investors in the near future. It offers a low cost of entry with a high potential return – an unbeatable combination. (See LOAN stock analysis on TipRanks)To find good ideas for dividend stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

Microsoft's big X019 fan event in London is imminent and we've got lots of details, including which TWO DOZEN games are playable there. Plus: Star Wars Jedi: Fallen Order is curiously omitted from EA's EA Access service, we unbox this year's absolutely glorious fan-made Unlock Block Trivia Challenge trophy, and more!

Grand Theft Auto, Anthem, and Gears of War will be changing moving forward thanks to key staffing changes at the top for two of those and a major gameplay overhaul for the other. Plus: Activision is looking to its past for its 2020 product lineup, Cliff Bleszinski had an intriguing Aliens game that almost got made, and more!

4 Steps to ensure your AI/Machine Learning system survives COVID-19; State of the Machine Learning and AI Industry; A Key Missing Part of the Machine Learning Stack; 5 Papers on CNNs Every Data Scientist Should Read

William Eggers, global research director at Deloitte and coauthor of "If We Can Put a Man on the Moon."

Kevin Boudreau, London Business School professor.

Mark Blyth, professor at Brown University and author of "Austerity: The History of a Dangerous Idea."

Adam Waytz and Malia Mason, authors of the HBR article "Your Brain at Work."

Francesca Gino and Adam Grant, of Harvard Business School and Wharton, respectively, discuss their research on gratitude and generosity.

The CEO of Sony Pictures Entertainment discusses the crisis with editor-in-chief Adi Ignatius.

Clay Shirky talks about Xiaomi, the subject of his new book, "Little Rice."

Denise Lee Yohn, author of "Extraordinary Experiences" and "What Great Brands Do," explains what we can learn from retail and restaurant brands

Uniwatches launch their official YouTube channel with video reviews of timepieces and expand their collection of Nixon and Hugo Boss watches.

Digital transformation has just begun.

Not a single industry is safe from the unstoppable wave of digitization that is sweeping through finance, retail, healthcare, and more.

In 2020, we expect to see even more transformative developments that will change our businesses, careers, and lives.

See the rest of the story at Business Insider

See Also:

• GoBear has acquired AsiaKredit to drive growth through digital consumer lending
• US personal savings rate increases due to lowered spending amid social distancing
• RBS is shuttering its standalone digital bank Bó due to coronavirus fallout

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The power dynamics in the payments industry are changing as businesses and consumers shift dollars from cash and checks to digital payment methods. Cards dominate the in-store retail channel, but mobile wallets like Apple Pay are seeing a rapid uptick in usage.

At the same time, e-commerce will chip away at brick-and-mortar retail as smartphones attract a rising share of digital shopping. Digital peer-to-peer (P2P) apps are supplanting cash in the day-to-day lives of users across generations as they become more appealing and useful than ever.

See the rest of the story at Business Insider

See Also:

• Xinja cut its Stash high-yield savings account rate, likely attempting to weather the current crisis
• PayPal's slowdown began to improve in April as stay-at-home orders tick up e-commerce usage
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With a large salary comes a large tax liability for athletes, and that could be going up following tax reform. The Tax Cuts and Jobs Act brought benefits to many individuals, but athletes may notice some negative effects from it.… Read More

The post Tax Reform May Bring Bigger Tax Liability for Athletes appeared first on Anders CPAs.

The Treasury Department and the Internal Revenue Service (IRS) recently issued final regulations around the increased gift and estate tax exclusion amounts in effect from 2018-2025. The final regs confirm that individuals who take advantage of the increased gift and… Read More

The post IRS Confirms No Clawback for Gift and Estate Tax Exclusion – Act Now for the Biggest Benefit appeared first on Anders CPAs.

The screenshot above is my Google traffic over the last 12 months. As you can see, my traffic is growing. And there are many reasons for that, but there is one trend that’s really caused the majority of my SEO growth. You might be thinking it is Ubersuggest because it makes up 22.4% of my […]

The post The Biggest SEO Trend You’re Ignoring appeared first on Neil Patel.

25% of the international realty market in London also belongs to Indians with investments around GBP 1 bn while they also invested more than $2 bn in the Dubai real estate mkt in the first half of 2015.

The scheme, popularly known as Qrops, has been approved by Her Majesty’s Revenues and Customs, the body in the UK that collects and administers taxes.

Jaishankar, while interacting with NRIs in Australia, Surinam, the US, Singapore, Quatar, Malaysia, the UK and Mauritius through video conferencing on the occasion of Pravasi Bharatiya Divas, also said he would find a practical solution to the issue of tracing of roots for non-resident Indians (NRIs) and persons of Indian origin (PIOs).

Indian-American NASA astronaut Sunita Williams has advised Indian students stranded in the US due to the coronavirus-linked global travel restrictions to use the occasion to think how they could be a productive and positive addition to the society.

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RIL Q4 results: Profit dives 39% YoY to Rs 6,348 cr; announces India's biggest rights issue

India Inc’s first attempts to move goods across states after the easing of lockdown curbs were hobbled by expired e-way bills which made it near impossible for transporters to cross checkpoints.

Car and bike-makers are gearing up to sell more in Bharat to counterbalance shortfall in demand in the cities.

The tale of ITER’s missing shims shows how even the best-laid contingency plans have had to be rewritten.

What he didn’t know was oil’s first trip into negative pricing had broken Interactive Brokers Group Inc.

The iconic Statue of Liberty. Image courtesy - iStock Welcome to the Empire State, otherwise known as New York. The state is home to profound experiences wi...

In a telephonic interview Mumbai-based Sharma talks about her own experiences as a single woman and what has changed for single women over the years and what hasn’t.

Tamil Nadu’s love for biryani probably stems from the state’s love of rice.

Bracing the nation for a death toll that could exceed 100,000 people, President Trump on Sunday extended restrictive social distancing guidelines through April.

 Led by multiple Group 1-winning 3-year-old Mirinaque (ARG),  and the talented 3-year-old filly Joy Canela (ARG), an accomplished field of 24 runners has been entered for Saturday's 1 ½-mile Gran Premio International Carlos Pellegrini (G1) — South America's most prestigious race —  at San Isidro Racecourse. The race winner will receive an automatic berth into the 2020 Longines […]

The post South America’s Biggest Race Kicks Off 2020 Breeders’ Cup Challenge Series appeared first on Horse Racing News | Paulick Report.

When some metro youth soccer teams switched to video-conference training sessions during the coronavirus pandemic, they found an unexpected new teammate on-screen.

Chris looks at wind speeds, slow drones, a mini assignment AND you’ll learn that telephoto compression isn’t really a thing. This week’s assignment is Aperture. Post your photos online and use the hashtags #tfttf #assignment #aperture Download the MP3 for this episode Receive TFTTF updates via email

The post 885 The Biggest Misconception in Photography appeared first on PHOTOGRAPHY TIPS FROM THE TOP FLOOR.

Sackatoga Stable's Tiz the Law was made the 7-5 morning line favorite by veteran oddsmaker Mike Battaglia for Saturday's $300,000 Kentucky Jockey Club (Grade II) – the co-featured event on Saturday's penultimate day of racing at the 2019 Fall Meet. Trained by 2003 Kentucky Derby-winning conditioner Barclay Tagg, the undefeated Grade I winner has gotten […]

The post ‘Big Dreams Like Everyone Else’; Sackatoga, Tagg Take Aim At Second Derby Run appeared first on Horse Racing News | Paulick Report.

Bob Dylan, Prince, the Time and even the Replacements all showed off his impressions on them.

Alydar,The Markeys, John Veitch and Jorge Velasquez. All Top class participants in the Sport of Horse Racing.

Bracing the nation for a death toll that could exceed 100,000 people, President Trump on Sunday extended restrictive social distancing guidelines through April.

In April 2011, five students from Bigfork High School Cave Club (Bigfork, MT) and their sponsor spent a week with Grand Canyon National Park Hydrologist and Cave Resources Manager, Steve Rice, conducting cave resource inventories, impact analysis, and repeat photography of several backcountry cave sites. https://www.nps.gov/grca/learn/news/bigfork-high-school-cave-club-completes-inventory-and-impact-mapping-of-caves-in-grand-canyon-national-park.htm

Higher global temperatures are changing ecosystems in the Arctic. They are becoming greener as the climate and land become more hospitable to taller vegetation.

A full screen slide show with permanent image changes for all modern PC browsers and Safari Mobile browsers.

Version 1.1 of my BIG! Slideshow with additional features for all modern browsers.

Some federal forest managers working in late-successional reserves find themselves in a potential no-win situation. The Northwest Forest Plan requires that the reserves be protected from large-scale natural and human disturbances while simultaneously maintaining older forest habitat.

As traditional birthday, graduation and other events continue to be scaled back and dramatically reconfigured due to social distancing rules, BEASLEY MEDIA GROUP Top 40 WXKB (B103.9)/FT. … more