Nasdaq Archives - Benefit Group

July 14, 2022

Hailiang Education Announces Receipt of Nasdaq Notice of Deficiency for Delayed Filing of Semi-Annual Financial Information for the Half Year Ended December 31, 2021 and Failure to Hold an Annual Meeting of Shareholders

HANGZHOU, China, July 13, 2022 /PRNewswire/ — Hailiang Instruction Group Inc. (Nasdaq: HLG), (“Hailiang Schooling”, the “Company” or “We”), an education and management services provider in China, today announced that on July 11, 2022, the Business acquired two notices of deficiency (just about every, a “See”, and collectively, the “Notices”) from the Listing Skills Division of The Nasdaq Stock Market place (the “Nasdaq”), stating that the Corporation was not in compliance with Nasdaq Listing Rule 5250(c)(2) and Nasdaq Listing Regulations 5620(a) and 5810(c)(2)(G) for ongoing listing, since the Organization unsuccessful to timely file its semi-annual financial information for the 50 percent year finished December 31, 2021 on Variety 6-K (the “1H 2022 6-K”) with the U.S. Securities and Trade Fee (the “SEC”), and failed to hold an once-a-year assembly of stockholders (the “2022 AGM”) inside 12 months of the stop of the Firm’s fiscal calendar year close. The Notices have no rapid result on the listing or buying and selling of the Firm’s securities.

(PRNewsfoto/Hailiang Education Group Inc.) — (PRNewsfoto/Hailiang Schooling Group Inc.)

Below Nasdaq procedures, for the 1H 2022 6-K, the Enterprise has 60 calendar days from the day of the Recognize to post a prepare to get back compliance, and if Nasdaq accepts the Firm’s approach, Nasdaq could grant an exception of up to 180 calendar days from the because of day of the 1H 2022 6-K, or until finally December 27, 2022, to get back compliance. On the other hand, there is no assurance that Nasdaq will take the Firm’s plan for the 1H 2022 6-K to regain compliance, or that the Organization will be equipped to regain compliance inside of any extension period granted by Nasdaq. The See more states that in identifying irrespective of whether to settle for the Firm’s approach for the 1H 2022 6-K, Nasdaq will think about this kind of factors as the probability that the 1H 2022 6-K, alongside with any subsequent periodic submitting that will be thanks, can be produced in just the 180 day period of time, the Company’s previous compliance heritage, the motives for the late submitting, other corporate gatherings that may perhaps come about within just Nasdaq’s critique time period, the Firm’s general fiscal condition and its community disclosures. If Nasdaq does not take the Firm’s plan for the 1H 2022 6-K, then the Company will have the opportunity to charm that conclusion to a Nasdaq hearings panel.

For the 2022 AGM, the Organization has 45 calendar days to submit a plan to regain compliance with the Guidelines. If Nasdaq accepts the Firm’s plan for the 2022 AGM, Nasdaq may possibly grant the Enterprise an extension of up to 180 calendar times from the Company’s fiscal calendar year conclusion, or until eventually December 27, 2022, to get back compliance. The Discover even more states that in determining whether or not to settle for the Firm’s strategy for the 2022 AGM, Nasdaq will take into consideration these types of issues as the chance that the annual assembly can be held in the 180-working day period, the Company’s earlier compliance record, the causes for the delayed meeting, other company occasions that may possibly come about all through the evaluation period, the Company’s all round fiscal condition and its public disclosures. If Nasdaq does not acknowledge the Firm’s approach for the 2022 AGM, the Corporation will have the option to charm the conclusion in entrance of a Nasdaq Hearings Panel.

The Enterprise unsuccessful to file the 1H 2022 6-K with the SEC and failed to hold the 2022 AGM on a timely basis mainly because it has been focusing its means on its formerly introduced going non-public transaction (the “Privatization”), which is predicted to close in the course of the 3rd quarter of 2022. If consummated, the Privatization would final result in the Enterprise getting a privately held company and its American Depositary Shares would no lengthier be stated on the Nasdaq.

The Organization is functioning diligently to file its 1H 2022 6-K and maintain its 2022 AGM as quickly as practicable and inside of the timeline approved by Nasdaq.

About Hailiang Instruction Group Inc.

Hailiang Education and learning Group Inc. (Nasdaq: HLG) is an instruction and administration services service provider in China. The Firm mostly focuses on furnishing distinguished, specialised, and internationalized education and learning. Hailiang Education is focused to supplying pupils with large-excellent high faculty curriculum education, college student management products and services, ancillary educational expert services, and training and administration companies, and it strives to manage the high quality of its students’ existence, analyze, and improvement. Hailiang Schooling adapts its educational solutions centered upon its students’ particular person aptitudes. Hailiang Training is devoted to bettering its students’ educational capabilities, cultural achievements, and international perspectives. For extra data, be sure to visit http://ir.hailiangedu.com.

Forward-Hunting Statements

This press launch consists of data about Hailiang Education’s look at of its long run anticipations, plans, and prospects that represent ahead-hunting statements. These ahead-wanting statements are designed under the safe and sound harbor provisions of the U.S. Personal Securities Litigation Reform Act of 1995. All statements other than statements of historic points in this announcement are ahead-wanting statements, like, but not confined to the next: the Company’s enterprise plans, the Firm’s potential company development, results of functions, and monetary problem, anticipated adjustments in the Firm’s earnings and specific price or cost merchandise, its potential to increase further funding, its means to preserve and expand its business enterprise, the Company’s potential to file the 1H 2022 6-K and maintain the 2022 AGM in just the respective compliance period of time and regain compliance for ongoing listing underneath the Nasdaq Listing Regulations, the Company’s capacity to consummate the Privatization as prepared, and other hazards thorough in the Firm’s filings with the U.S. Securities and Trade Commission (the “SEC”), as very well as the Agenda 13E-3 transaction statement and the proxy statement to be filed by the Firm. Hailiang Schooling could also make written or oral ahead-wanting statements in its periodic reviews to the SEC, in its yearly report to shareholders, in press releases and other composed products, and in oral statements created by its officers, administrators, or staff to 3rd get-togethers. Statements that are not historic details, which includes statements about Hailiang Education’s beliefs and anticipations, are forward-hunting statements. Ahead-wanting statements include inherent risks and uncertainties, no matter whether acknowledged or mysterious, and are centered on recent anticipations and projections about potential situations and economic tendencies that the Enterprise thinks may possibly impact its money situation, success of operations, small business system, and economic requires. Investors can recognize these forward-looking statements by phrases or phrases this kind of as “may possibly,” “will,” “will make,” “will be,” “assume,” “foresee,” “purpose,” “estimate,” “intend,” “prepare,” “believe,” “likely,” “continue,” “endeavor to,” “is/are very likely to,” or other equivalent expressions. Further more facts pertaining to these and other risks is included in our once-a-year report on Sort 20-F and other filings with the SEC. All data offered in this press release is as of the day of this push launch, and Hailiang Education undertakes no obligation to update any forward-on the lookout statements, besides as may be needed underneath relevant law.

For additional details, make sure you speak to:
Mr. Litao Qiu
Board Secretary
Hailiang Instruction Group Inc.
Phone: +86-571-5812-1974
Email: ir@hailiangeducation.com

Look at first content material to obtain multimedia:https://www.prnewswire.com/news-releases/hailiang-schooling-announces-receipt-of-nasdaq-see-of-deficiency-for-delayed-submitting-of-semi-once-a-year-fiscal-information-for-the-fifty percent-year-ended-december-31-2021-and-failure-to-keep-an-annual-conference-of-shareholders-301585842.html

Resource Hailiang Training

April 10, 2022

Nasdaq Spotlight: RJ Estrada on the Positive Impact of Financial Education on Hispanic Youth

At Nasdaq, we are on a mission to make economic education much more accessible to generate inclusive growth and prosperity. For Fiscal Literacy Month, we master from the users of our diverse worker useful resource groups about the effect monetary literacy has experienced on both of those their own and experienced accomplishment, the problems they’ve had to defeat, and the means they recommend for a much more inclusive long run. RJ Estrada, director of Compensated Social Media and member of the Adelante Leadership Staff, talks about the optimistic effects of economical schooling on Hispanic youth.

Convey to us about your position at Nasdaq.

I get the job done with Nasdaq Shown clients and inner Nasdaq advertising and marketing teams to coordinate, make, execute and optimize compensated electronic advertising campaigns throughout Facebook, Instagram, Twitter, Linkedin and past.

How would you explain Adelante to a new employee?

Adelante is an business that celebrates the wealthy and varied cultures encompassed by the vast Hispanic local community, the two in the Usa and abroad. The team also serves as an academic car or truck, bringing light-weight to every thing from the customs to the cuisines of various Hispanic cultures.

Favorite memory when getting a portion of the ERG?

I only not too long ago joined Nasdaq and Adelante, but I glance ahead to attending in-person occasions and sponsoring occupation workshops with college and higher-university pupils.

How can a person be a excellent ally to the Latinx community?

Comprehension that the Latinx community is far from a monolith. There are about 20 Spanish-speaking countries spanning the world, every with its exclusive histories, cultures, colloquialisms, cuisines and dialects. So, while we share the exact language, a single should be mindful of the variations involving backgrounds when referring to the larger “Latinx” community.

What problems have you observed the Hispanic community facial area similar to monetary literacy?

Significant challenges which the Hispanic neighborhood faces associated to economic literacy are a systemic barrier and absence of obtain to academic sources. A lot of of people who immigrate to the United States come from nations in Latin The united states where by investing was not a risk. They decide on up and depart all the things they know in research of a better lifestyle for on their own and their households in a country in which they do not converse the language. On arriving and thriving in the U.S., this unfamiliarity with investing does not magically vanish– leading to a by no means-ending cycle of long run generations of American-born Hispanics hardly ever learning the value of investing from their parents.

This lack of being familiar with has real-world implications which have an impact on the local community as a complete. A Morningstar report identified that extra than two-thirds of Hispanic homes are not placing anything apart by way of place of work financial savings vehicles this kind of as 401(k) ideas, and this is mostly credited to the lack of comprehending of the prolonged-expression gains that they deliver. This is just one particular modest portion of the issue, due to the fact Hispanics, on average, get paid a lot less than the regular American, so lots of Hispanics truly feel that they can not pay for to established cash apart for investing. Preferably, as a result of the promotion of economical literacy, Hispanics throughout the region can understand the positive aspects that even the smallest contributions can make in the extended-phrase.

Why is money literacy and economical wellbeing critical to you as a member of the Hispanic local community?

Monetary literacy is the critical to unlocking generational prosperity and prolonged-expression money perfectly-being. The Hispanic community, thanks to different socioeconomic and cultural brings about, is lagging at the rear of in terms of conserving and investing for the long term. According to details put out by the St Louis Federal Reserve, Hispanic families’ median wealth was virtually 80{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} reduce than that of White families in 2019. While this is driven by larger financial components, this pattern is more exacerbated by a lack of understanding of the many economical instruments which can enable people today and families established themselves up for extended-time period fiscal good results. There is a popular declaring which, in part, demonstrates that “Knowledge is Prosperity.” In the scenario of money literacy, this declaring can be used quite practically. By means of the promotion and training of monetary matters, phrases and expenditure autos, Hispanics in the U.S. can set by themselves and their people in a fiscal situation which displays their hard-get the job done and the pivotal roles they enjoy in their communities.

What resources do you experience can assist split the limitations to education on economical literacy for the Hispanic community?

Breaking the boundaries to money literacy begins at adolescence. Instructing Hispanic large-schoolers and college or university college students, in particular to start with-era university pupils, about the value in investing can help crack the cycle which Hispanic households across the state discover themselves in. Many states across the country are presently having on this initiative, with 11 to day owning passed laws requiring that students get a stand-alone individual finance course in get to graduate. Luckily, a lot of other states are following match, with 54 personalized finance training expenditures pending in 26 states. These kinds of necessities will be instrumental in the education of Hispanic pupils around monetary subject areas. Apart from govt-mandated education, proliferation of non-income, whose mission is to instruct financial subject areas to underrepresented groups, will enjoy a critical part in the subsequent dissemination of monetary literacy throughout the Hispanic neighborhood.

The views and opinions expressed herein are the views and opinions of the writer and do not necessarily replicate those of Nasdaq, Inc.

February 4, 2022

S&P 500 rises to cap a winning week, Amazon gives Nasdaq a 2{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} boost

The S&P 500 and Nasdaq Composite climbed Friday to complete their very best 7 days of the calendar year, as continued strength in earnings reviews extended the tech-led rebound from the January rout.

The wide current market index rose about .9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}, and the tech-weighty Nasdaq Composite climbed 2{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. Meanwhile, the Dow Jones Industrial Average edged larger by 90 factors, or .3{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

For the 7 days, the Nasdaq was up 2.7{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The Dow and S&P were on pace to end the 7 days practically 2{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} bigger. If these gains keep, they’re going to mark the second weekly improvements of 2022 for the big averages — which were under pressure past month as concerns of larger interest fees dragged down tech names.

Amazon led the marketplace greater as it jumped 15{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} on potent quarterly earnings and cloud revenue beats. Snap rocketed up about 47{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} the day following reporting earnings. Pinterest rose about 7.5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

“We are in for a choppy period of time but tech has been picked on for rather some time, and now, a ton of traders are indicating this is the time to be constructive, specifically on some of these organizations that have tested time and once again that they have been able to deal with unique varieties of environments and are supplying optimistic outlooks likely ahead,” like Amazon, Apple and Alphabet, claimed Edward Moya, senior current market analyst at Oanda.

Traders Friday ended up also weighing a significantly much better-than-anticipated positions report and its possible impact on U.S. monetary policy heading forward.

The 10-year Treasury yield jumped above 1.9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}, hitting its best level considering that December 2019, soon after the January jobs report showed a 467,000 obtain in payrolls. Economists polled by Dow Jones experienced predicted a insignificant gain of 150,000, and some economists predicted a massive minimize. Economists experienced cautioned prior to the report it could be noisy since of an omicron wave hitting although the survey was using spot.

“For markets, the employment report is all about the Fed, and present-day upside surprises in both equally occupation development and wage progress maintain the Fed on observe to start off raising costs in March and hike 4 or a lot more periods this calendar year,” claimed Barry Gilbert, asset allocation strategist at LPL Economical.

The benchmark produce has jumped from 1.51{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} at the conclude 2021, as the Federal Reserve pivoted to more aggressively fight inflation, signaling it would slow down its bond purchasing and raise charges several situations this year. Greater costs have weighed on stocks, specifically tech shares with substantial valuations. The S&P 500 is down 6{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} this calendar year.

Wall Avenue was coming off a horrid session in which a plunge in Meta shares dragged megacap tech shares lower. Meta shares endured their worst day at any time on Thursday, dropping 26.4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} on the again of disappointing quarterly earnings.

Stock picks and investing tendencies from CNBC Professional:

The Nasdaq Composite, which is tilted toward tech shares, fell 3.7{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} on Thursday for its worst day by day functionality because September 2020. The S&P 500 had its worst working day in approximately a 12 months, sliding 2.4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}, and the Dow fell 518.17 factors.

“The sharp drop in FB market cap these days and the accompanying drag on the S&P500 index is … a stark reminder of the substantial focus of mega-cap Tech stocks in the S&P 500 — and the vulnerabilities that this sort of focus delivers,” Goldman Sachs’ Chris Hussey reported in a be aware Thursday.

January 24, 2022

Nasdaq drops 4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} as global stocks tumble

Tech shares led a rout across global stock markets on Monday as anticipations designed that the Federal Reserve will require to rapidly unwind stimulus steps that have fuelled a surge in equities around the earlier two several years.

The S&P 500 stock index fell far more than 3 per cent by midday in New York as a provide-off accelerated and prolonged into its fourth 7 days. The blue-chip US benchmark is now far more than 10 for every cent beneath an all-time significant strike this month, identified as a correction.

Around 180 of the shares in the index are now down far more than 20 for every cent from current highs, such as substantial-profile firms this sort of as Moderna, Twitter, Netflix and Salesforce. Previous week the S&P 500 experienced its most significant losses considering that the pandemic rocked world-wide economic markets in March 2020.

Air has been rushing out of formerly superior-traveling components of the market place for the duration of January. The price of bitcoin slid one more 3 per cent, with the cryptocurrency now getting halved in price throughout the previous two and a fifty percent months. Cathie Wood’s flagship Ark fund, which has huge holdings in electric carmaker Tesla and the cryptocurrency exchange Coinbase, fell 8 for every cent on Monday. The fund is down 58 for each cent from its all-time higher.

“In this type of setting you’d hope the most speculative names to be hit the worst, and that is what is occurring,” said David Kelly, the main sector strategist for JPMorgan Asset Administration.

Line chart of Year-to-date performance ({ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}) showing US stocks suffer correction as sell-off accelerates

Kelly pointed to the hawkish pivot from the Fed, as very well as problems above the effect the Omicron coronavirus variant has experienced on financial action and mounting geopolitical tensions as Russia stations troops on the Ukrainian border.

“Everyone realised that this market place has absent up a extensive way, specified ongoing uncertainty, and it was because of for a correction,” he additional.

Shares in significant US tech groups ended up between the most difficult hit on Wall Road, pushing the engineering-weighty Nasdaq Composite index 4 for each cent lessen.

The slide took the Nasdaq’s drop to far more than 18 for each cent from an all-time superior struck in November, with the declines nearing a so-named bear sector — when losses breach 20 for each cent. Previously, 72 for each cent of the much more than 3,600 shares in the index are down that a great deal or more.

Investors are concentrated on the prospect of the Fed tightening policy at its level-setting conference this week as the central financial institution seeks to tame surging inflation.

Goldman Sachs reported at the weekend it anticipated the Fed to signal that it would start out increasing curiosity premiums from historic lows in March. The bank also warned clientele of a “risk that the Federal Open Current market Committee will want to acquire some tightening motion at each individual conference till [the inflation] photograph changes” and that it could increase fees a lot more than four instances this yr.

Futures marketplaces have priced in the world’s most influential central bank elevating its benchmark interest charge to far more than 1 for every cent by December, right after tethering it shut to zero considering that March 2020.

Although larger fascination prices elevate borrowing expenses for all organizations, they also make companies’ projected profits really worth fewer in investors’ valuation types, with the impact magnified for tech and other growth corporations whose peak earnings are not expected for several years to arrive. Tesla and chipmaker Nvidia just about every fell about 9 for every cent on Monday.

Know-how shares had soared through the pandemic period simply because of a widely held look at that social limits had sped up the advancement of social developments these as online buying, distant operating and gaming.

But speculative tech shares experienced realized “valuations [that] do not make feeling in any investment environment”, Michael Wilson, Morgan Stanley strategist, explained in be aware to shoppers, and had been not slipping “just simply because the Fed is pivoting”.

In the US, an index of unprofitable tech shares collated by Goldman has misplaced just beneath 30 per cent of its benefit this yr. The Tokyo Stock Exchange’s Moms marketplace for superior-growth start-ups has dropped about 18 for every cent.

In Europe, the Stoxx Europe 600 regional share index fell 3.8 for each cent to its least expensive amount given that Oct. Its tech sub-index dropped 5.8 per cent, its steepest each day drop due to the fact Oct 2020 and using its reduction so far in January to far more than 13 for each cent.

South Korea’s tech-major Kospi index fell 1.5 for each cent and Hong Kong’s Hold Seng Tech index dropped 2.8 for every cent.

The Vix, Wall Street’s so-known as concern gauge that steps expected volatility on the blue-chip S&P 500 share index, rose to 38.6 details — its greatest since January 2021, when the meme-stock fad rocked Wall Road.

Additional reporting by Jennifer Creery in Hong Kong and Leo Lewis in Tokyo

January 19, 2022

Nasdaq falls 2.6{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}, Dow 542 points as oil tops $85

Odeon Capital Group chief financial strategist Dick Bove argues the Federal Reserve is in one of ‘the worst’ positions he’s ever seen and it will ‘slow down’ the growth of money in the U.S.

Heavy selling hit U.S. stocks on Tuesday as oil and bond yields moved higher.

The Dow Jones Industrial Average fell 542 points or 1.5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}, before recovering from a 600+point deficit, while the S&P 500 and Nasdaq Composite slid 2.6{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and 1.8{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}, respectively in a choppy session.

The 10-Year Treasury yield rose to 1.87{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}, adding pressure to equities.

Ticker	Security	Last	Change	Change {ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
I:DJI	DOW JONES AVERAGES	35322.88	-45.59	-0.13{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
SP500	S&P 500	4581.12	+4.01	+0.09{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
I:COMP	NASDAQ COMPOSITE INDEX	14547.751873	+40.86	+0.28{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

Oil closed above $85 per barrel, an 8-year-high following an attack on an oil facility in the capital of the United Arab Emirates that killed at least three people.

Ticker	Security	Last	Change	Change {ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
USO	UNITED STATES OIL FUND L.P.	61.32	+0.32	+0.52{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

In deal news, Microsoft announced plans to buy Activision in a combo valued at $68.7 billion giving the software giant a leg-up in the gaming world with titles including ‘Call of Duty’ and ‘Candy Crush’, the companies announced Tuesday.

The deal also made Activision CEO Bobby Kotick over $70 million intra-day as the company’s largest single shareholders.

ACTIVISION CEO BOBBY KOTICK IS EVEN RICHER AFTER MICROSOFT DEAL

Ticker	Security	Last	Change	Change {ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
MSFT	MICROSOFT CORP.	309.77	+7.12	+2.35{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
ATVI	ACTIVISION BLIZZARD INC.	82.28	-0.03	-0.03{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

Electronic Arts, Take-Two and Zenga rose in a down market as traders weighed the possibility of more M&A.

Ticker	Security	Last	Change	Change {ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
EA	ELECTRONIC ARTS INC.	137.30	+3.39	+2.53{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
TTWO	TAKE-TWO INTERACTIVE SOFTWARE INC.	167.05	+13.01	+8.45{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
ZNGA	ZYNGA INC.	9.05	+0.07	+0.72{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

In earnings, Goldman Sachs shares fell after fourth-quarter profits fell to $10.81 per share, missing analyst estimates of $11.76 tracked by Refinitiv and below the same period a year ago on weaker results from its trading division. JPMorgan shares fell in sympathy.

Ticker	Security	Last	Change	Change {ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
GS	THE GOLDMAN SACHS GROUP INC.	349.51	-4.62	-1.30{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
JPM	JPMORGAN CHASE & CO.	149.81	-1.68	-1.11{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
SCHW	THE CHARLES SCHWAB CORP.	91.50	-0.73	-0.79{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
BAC	BANK OF AMERICA CORP.	46.67	+0.31	+0.67{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

Charles Schwab also reported results that fell below analysts’ expectations with profits of $0.76 per share vs. $0.88 estimate, while revenue was $4.71 billion falling short of the $4.79 billion estimate. Bank of America will report results on Wednesday.

Unilever shares slipped after Fitch Ratings warned a downgrade could come, citing the company’s strategy which focuses on healthcare which includes its planned acquisition of GlaxoSmithKline’s consumer unit.

Ticker	Security	Last	Change	Change {ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
UL	UNILEVER PLC	50.43	+3.98	+8.56{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
GSK	GLAXOSMITHKLINE PLC	45.85	-0.96	-2.06{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

Separately, 23andMe extended a joint immuno-oncology program.

Ticker	Security	Last	Change	Change {ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
ME	23ANDME HOLDING CO	4.97	+0.13	+2.69{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

Meanwhile, Interactive Brokers and J.B. Hunt Transport Services will report after the bell.

Ticker	Security	Last	Change	Change {ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
IBKR	INTERACTIVE BROKERS GROUP INC.	72.58	+0.65	+0.90{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
JBHT	J.B. HUNT TRANSPORT SERVICES INC.	199.96	-0.53	-0.26{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

Keep an eye on telecom stocks, including Verizon and AT&T, with the rollout of 5G Wednesday.

Ticker	Security	Last	Change	Change {ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
VZ	VERIZON COMMUNICATIONS INC.	53.45	+0.01	+0.01{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}
T	AT&T INC.	27.27	-0.06	-0.20{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

As for economic data, the National Association of Home Builders’ housing market index slipped one point to 83.

In Asia, the Bank of Japan wrapped up a two-day policy meeting with no major changes. Its benchmark interest rate remains at a longstanding minus 0.1{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Price increases in Japan have been less pronounced than they are in the U.S. and some other nations, though the central bank raised its inflation forecast for the fiscal year that begins in April to 1.1{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} from a previous estimate of 0.9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Japan’s benchmark Nikkei 225 fell 0.3{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} to 28,257.25. Australia’s S&P/ASX 200 lost 0.1{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} to 7,408.80. South Korea’s Kospi dropped 0.9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} to 2,864.24. Hong Kong’s Hang Seng slipped 0.4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} to 24,112.78, while the Shanghai Composite rose 0.8{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} to 3,569.91.

The Associated Press contributed to this report.