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Agencia Comercial Spirits Ltd. has successfully closed its Initial Public Offering on the Nasdaq, raising approximately $8 million in gross proceeds. The capital is designated for the company's expansion initiatives, with D. Boral Capital leading the underwriting.
Citigroup has issued a new 6.625% preferred stock series, reinforcing its capital base amid strong operational performance and an improved net interest income forecast for 2025. The move is a strategic signal of financial health to the market.
Howmet Aerospace (HWM) has secured a strong consensus "Buy" rating from Wall Street analysts, reflecting positive sentiment based on an Average Brokerage Recommendation of 1.41. This suggests a favorable outlook from a significant portion of the financial community.