HiBid.com Reports Record Number of Lots and Over $26.6M in Weeklong Sales; Antiques, Vintage Tractors, Equipment and More Up for Sale Now

hafiz caem

OCALA, Fla., Sept. 24, 2020 /PRNewswire/ — HiBid.com exceeded a single-day record last week with approximately 699,400 lots for sale on Friday alone. For the entire week running September 14th through 20th, an average of roughly 765,000 bidders placed bids on nearly 365,400 lots across 1,036 auctions. Overall, last week’s online-only and webcast auctions brought in over $26.6 million (gross auction proceeds) in the same of jewelry, coins, vehicles, and other assets. HiBid works seamlessly with Auction Flex, a comprehensive auction management platform, and supports webcast auctions, internet-only auctions, and absentee bidding.

September 14th-20th HiBid.com Highlights
Gross auction proceeds: $26,655,570 (USD)
Gross merchandise volume: $51,279,230 (USD)
Lots sold: 365,399
Online-only auctions: 937
Webcast auctions: 99
Average bidders per day: 765,000
Average bids per day: 1.27 million

Current Auctions
The following list includes examples of Featured Auctions and Hot Auctions running on HiBid.com. Individuals participating in these auctions have

Read More

LPL Financial Reports Monthly Activity for August 2020

hafiz caem

SAN DIEGO, Sept. 15, 2020 (GLOBE NEWSWIRE) — Leading retail investment advisory firm and independent broker-dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA), today released its monthly activity report for August 2020.

Total brokerage and advisory assets served at the end of August were approximately $823 billion, an increase of 3.9% compared to the end of July 2020.

Total net new assets for August were an inflow of $3.1 billion, translating to a 4.7% annualized growth rate. This includes total net new advisory assets of $3.1 billion, translating to a 9.4% annualized growth rate.

Total client cash balances at the end of August were $45.1 billion, which were flat compared to the end of July 2020. Net buying in August was $3.6 billion. 

(End of Period $ in billions, unless noted) August July Change August Change
2020 2020 M/M 2019 Y/Y
Read More

Katy’s Cane Island reports new home sales up 38 percent

Published


While COVID-19 has forced social distancing to be the norm and hurt businesses across the spectrum, home sales in Katy’s Cane

Read More

PGIM Global High Yield Fund, Inc. Reports Unaudited Earnings and Financial Position for Quarter Ended July 31, 2020

NEWARK, N.J.–(BUSINESS WIRE)–PGIM Global High Yield Fund, Inc. (NYSE: GHY), (the “Fund”), a diversified, closed-end management investment company, announced today its unaudited investment results for the quarter ended July 31, 2020.

 

 

As of

July 31, 2020

 

As of

April 30, 2020

 

As of

July 31, 2019

Net Assets

$634,169,633

 

$552,885,411

 

$680,904,116

Loan Outstanding

$224,000,000

 

$179,000,000

 

$284,000,000

Shares Outstanding

40,923,879

 

40,923,879

 

40,923,879

Net Asset Value (“NAV”) Per Share (a)

$15.50

 

$13.51

 

$16.64

Market Price Per Share (b)

$13.18

 

$11.73

 

$14.52

Premium / (Discount) to NAV (c)

(15.0)%

 

(13.2)%

 

(12.7)%

 

 

 

 

 

 

Undistributed / (Overdistributed) Net Investment Income (d)

$3,042,733

 

$1,158,418

 

$5,569,839

Undistributed / (Overdistributed) Net Investment Income Per Share (e)

$0.07

 

$0.03

 

$0.14

 

 

 

 

 

 

 

Quarter Ended

July 31, 2020

 

Quarter Ended

April 30, 2020

 

Quarter Ended

July 31, 2019

Quarterly Earnings

 

 

 

 

 

Net Investment Income

$9,269,657

 

$10,377,176

 

$12,103,555

Net Realized and Unrealized Gain (Loss)

$84,905,587

 

($123,952,384)

 

$12,441,715

Net Increase / (Decrease) in Net

Read More

Costco Reports August Sales Today. Here’s What to Expect.

Text size

Costco Wholesale stock is up 18.5% year to date, and a coming data set could indicate where it heads from here. The discounter’s August sales report, due out on Wednesday, will be another read on how consumers are behaving.


Nicholas Kamm/AFP via Getty Images


Costco Wholesale

stock is up 18.5% year to date, and a coming data set could indicate where it heads from here. The discounter’s August sales report, due out on Wednesday, will be another read on how consumers are behaving as stimulus checks wane, and a preview of its upcoming earnings report.

Costco (ticker: COST) is one of the few retailers that still provides monthly same-stores sales updates (a practice made possible by its membership fee, which allows for greater visibility than peers). Yet many other retailers have informally begun doing this in recent months, to demonstrate how they’ve been faring during the pandemic—showing how

Read More

Costco Reports Another Month of Double-Digit Sales Growth In August

Text size

Costco’s sales gains have come on the strength of its essential categories and its value orientation.


Justin Sullivan/Getty Images


Costco Wholesale

stock was little changed in after-hours trading on Wednesday, following the release of the discounter’s August same-store sales and fourth-quarter sales figures.

Costco (ticker: COST) said same-store sales rose 14.5% in August, excluding fluctuations in gasoline and foreign exchange. For the fourth quarter, comparable sales were up 14.1%, easily above of the 9.8% consensus estimate. Digital sales soared 101.6% last month.

Net sales totaled $52.3 billion in the quarter, edging ahead of the $51.9 billion analysts were expecting. E-commerce jumped 91.3%.

The results are more of the same for the company, which has moved from strength to strength in recent months. August figures also came in ahead of recently increased analyst targets.

Investors initially worried that panic buying during the height of pandemic lockdowns would give way

Read More

iTeos Reports Second Quarter 2020 Financial Results and Provides Business Update

– July 2020 IPO provided $210.6 million in net proceeds and extends cash runway into 2023 –

– EOS-850 A2AR antagonist and EOS-448 FCgR-enabled anti-TIGIT antibody continue to progress in clinical trials –

CAMBRIDGE, Mass. and GOSSELIES, Belgium, Sept. 01, 2020 (GLOBE NEWSWIRE) — iTeos Therapeutics, Inc. (Nasdaq: ITOS), a clinical-stage biopharmaceutical company pioneering the discovery and development of a new generation of highly differentiated immuno-oncology therapeutics for patients, today reported financial results for the second quarter ended June 30, 2020 and recent business highlights.

“The completion of our successful IPO in July was a major milestone for iTeos and further supports the advancement of our highly differentiated immunotherapy pipeline, including our two lead product candidates, our adenosine A2a receptor antagonist, EOS-850, and TIGIT antagonist, EOS-448,” said Michel Detheux, PhD, President and Chief Executive Officer of iTeos. “With trials ongoing for our two lead product candidates, we anticipate that 2021

Read More

Copart Reports Fourth Quarter Fiscal 2020 Financial Results

Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter and year ended July 31, 2020.

For the three months ended July 31, 2020, revenue, gross profit, and net income were $525.7 million, $250.4 million, and $165.5 million, respectively. These represent a decrease in revenue of $16.9 million, or 3.1%; an increase in gross profit of $7.8 million, or 3.2%; and an increase in net income of $12.0 million, or 7.8%, respectively, from the same period last year. Fully diluted earnings per share for the three months ended July 31, 2020 were $0.69 compared to $0.64 last year, an increase of 7.8%.

For the year ended July 31, 2020, revenue, gross profit, and net income were $2.2 billion, $1.0 billion, and $699.9 million, respectively. These represent an increase in revenue of $163.6 million, or 8.0%; an increase in gross profit of $109.5 million, or 12.2%; and an increase in

Read More

Macy’s (M) reports Q2 2020 net loss, same-store sales down 35%

Macy’s got a bigger-than-expected boost online during the latest quarter, even as its stores started to reopen during the coronavirus pandemic. 

The department store operator’s digital sales surged 53% from a year earlier, as more shoppers visited its website to buy workout clothes and home decor. The company also said luxury categories at Bloomingdale’s outpaced internal expectations. That helped it report a narrower loss and higher overall revenue than analysts were expecting. 

Still, with so much uncertainty in the industry ahead of the all-important holiday season, CEO Jeff Gennette said Macy’s is planning conservatively for the remainder of 2020, and the company didn’t provide a financial forecast. 

The retailer is planning for its same-store sales to be down in the low-to-mid 20% range during the fall season. It said its profit margins are expected to peak in the third quarter, as shipping expenses and other heightened costs during the holidays

Read More

Aptorum Group Limited Reports Financial Results and Business Update for the Six Months Ended June 30, 2020

NEW YORK–(BUSINESS WIRE)–Aptorum Group Limited (NASDAQ: APM, Euronext Paris: APM) (“Aptorum Group” or the “Company”), a biopharmaceutical company focuses on the development of novel therapeutics to address global unmet medical needs, today provided a business update and announced financial results for the six months ended June 30, 2020.

“I am pleased with the developments that were achieved during the first half of 2020 despite the challenges presented by the COVID-19 pandemic,” said Mr. Ian Huen, Chief Executive Officer and Executive Director of Aptorum Group. “Throughout the COVID-19 crisis, we remained focused on advancing the development of our therapeutic programs. As announced today, further positive data showing significant in vivo activities of ALS-4 (for MRSA wound healing and MRSA bacteraemia) and also in vitro and in vivo studies of SACT-1 (for neuroblastoma and other potential tumor types). Also, as an emerging company, we have been expanding our global strategic

Read More