ZTO Express (Cayman) Inc. (NYSE:ZTO), a leading and fast-growing express delivery company in China (“ZTO” or the “Company”), today announced clarifications to errors contained in a filing. The Company had submitted a current report on Form 6-K to the U.S. Securities and Exchange Commission on August 24, which contained erroneous references to a proposed offering. The Company would like to clarify that it currently has no intention to conduct any offering of its securities. The Company remains committed to true and timely disclosure in compliance with the applicable rules and regulations, and will keep shareholders informed of material developments in the future, including any potential financing plan.Â
Keybanc Initiates Coverage On R1 RCM with Overweight Rating, Announces Price Target of $30
Keybanc analyst Scott Schoenhaus initiates coverage on R1 RCM (NASDAQ:RCM) with a Overweight rating and announces Price Target of $30.