El interés en corto de International Seaways da a los inversores una idea del grado en que los inversores apuestan por la caída de las acciones de International Seaways. Los datos de interés en corto se actualizan cada dos semanas.

International Seaways (NYSE:INSW) Bolsa, Informe de interés en corto

International Seaways

International Seaways Inc owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products. The company's vessel operations are organized into two segments: Crude Tankers and Product Carriers. The fleet consists of ULCC, VLCC, Suezmax, Aframax, and Panamax crude tankers, as well as LR1, LR2, and MR product carriers.

International Seaways Inc

Raymond James analyst Frank Louthan downgrades Rackspace Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXT#NASDAQ">RXT</a>) from Outperform to Market Perform.

News

Downgrades

Analyst Ratings

Raymond James Downgrades Rackspace Technology to Market Perform

KYMR

Trading Halt: Halted at 6:55:00 a.m. ET - Trading Halt: Halt News Pending

Office of Management and Budget Director Russell Vought is the latest high-profile figure to defend President Donald Trump's "big, beautiful bill," dismissing fears about Medicaid cuts as "ridiculous."
What Happened: In an interview <a href="https://edition.cnn.com/2025/06/01/politics/video/sotu-wh-budget-director-defends-trumps-big-beautiful-bill">on</a> CNN's State of the Union, Vought responded to allegations that the bill harms social safety nets that millions depend on: "We continue to work with people in the Senate as to working them through the specifics of the bill, what it does and what it doesn't do," he said.
"We'll continue to do that. And I think at the end of the day, the Senate will have a resounding vote in favor of a substantially similar bill."
Vought also responded to claims that millions would lose healthcare coverage, saying, "I think they're totally ridiculous. This is astroturf." "This bill will preserve and protect the programs, the social safety net, but it will make it much more common sense," he added.
He highlighted that the bill aims to target waste and misuse within the system rather than clamp down on benefits. "Look, one out of every $5 or $6 in Medicaid is improper. We have illegal immigrants on the program. We have able-bodied working adults that don't have a work requirement that they would have in TANF or even SNAP. And those are something that's very important to institute. That's what this bill does. No one will lose coverage as a result of this bill."
Responding to <a href="https://www.benzinga.com/news/25/05/45635854/elon-musk-disappointed-with-trumps-big-beautiful-bill-says-it-undermines-the-work-that-the-doge-team-is-doing">Elon Musk's criticism of the bill</a>, he said, "I love Elon, this bill doesn't increase the deficit or hurt the debt. In fact, it lowers it by $1.4 trillion."
See Also: <a href="https://www.benzinga.com/news/politics/25/06/45715447/xi-jinpings-china-dismisses-trumps-groundless-accusations-on-geneva-trade-deal-breach-vows-strong-retaliation">Xi Jinping&#8217;s China Dismisses Trump&#8217;s &#8216;Groundless&#8217; Accusations On Geneva Trade Deal Breach, Vows Strong Retaliation</a>
Why It Matters: The bill passed the House by one vote in May and is now facing major opposition in the Senate. Citing increases in deficit and spending cuts, many <a href="https://www.benzinga.com/news/25/05/45634893/gop-senators-threaten-to-block-trumps-tax-and-spending-bill-over-deficit-medicaid-cuts-and-debt-ceil">GOP Senators are mounting resistance</a>.
Meanwhile, Sen. Raphael Warnock (D-Ga.) criticized the new provisions as per which childless, able-bodied adults aged 19 to 64 are required to work or volunteer at least 20 hours a week to <a href="https://www.benzinga.com/25/05/45558613/house-advances-trumps-sweeping-one-big-beautiful-bill-after-key-medicaid-tax-and-border-security-changes">maintain eligibility for Medicaid.</a>
"What they're trying to do now is take this terrible experiment in Georgia, force it on the whole nation," Warnock said <a href="https://www.nbcnews.com/meet-the-press/video/warnock-says-trump-s-big-ugly-bill-threatens-millions-of-americans-healthcare-full-interview-240677957542">on</a> NBC's Meet the Press. "And what we will see as a result of that is a workforce that is sicker and poorer and an economy that's weaker."
In April, Trump said he would <a href="https://www.benzinga.com/government/25/04/45064937/donald-trump-threatens-to-veto-any-gop-bill-that-touches-medicaid-or-social-security-if-it-cuts-it-i-would-not-approve">"veto" any bill that includes cuts to Medicaid</a>. However, as the bill evolved, Medicaid cuts became central to its project of reducing federal spending, and <a href="https://www.benzinga.com/general/health-care/25/05/45345409/trumps-big-beautiful-bill-banks-on-huge-medicaid-cuts-as-its-cost-saving-centerpiece-see-who-risks-losing-coverage-under-the-gop-proposal">millions are set to lose coverage</a>.
Notably, Vought's claim about illegal immigrants being part of the Medicaid program is contested, since federally <a href="https://www.benzinga.com/news/25/05/45635594/trump-administration-claims-its-kicking-1-4-million-undocumented-immigrants-off-medicaid-but-grok-cl">funded Medicaid does not provide healthcare coverage for undocumented immigrants</a>, except in cases of emergency, as outlined in the 1996 PRWORA law.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/cannabis/25/06/45715155/elizabeth-warren-calls-it-textbook-corruption-once-again-asks-for-probe-into-elon-musk-cashing-in-on-trump-tariffs">Elizabeth Warren Calls It &#8216;Textbook Corruption,&#8217; Once Again Asks For Probe Into Elon Musk &#8216;Cashing In&#8217; On Trump Tariffs</a></li>
</ul>
Photo courtesy: Shutterstock

Politics

Medicaid Cut Concerns Are 'Totally Ridiculous,' Says Trump's Budget Chief Russell Vought, Quips 'I Love Elon' While Countering Musk's Criticism

<ul>
<li>Deucrictibant data shows single-dose durability without symptom reoccurrence in the majority of HAE attacks treated</li>
<li>First-ever bradykinin B2 receptor mechanism-on-mechanism prophylactic/on-demand data supports potential for deucrictibant portfolio</li>
<li>Clinically validated biomarker assay has potential to eventually expand treatment opportunities of deucrictibant into additional forms of bradykinin-mediated angioedema</li>
<li>Epidemiologic data and cognitive interviews further elucidate the unmet needs in bradykinin-mediated angioedema</li>
</ul>
ZUG, Switzerland, June 02, 2025 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=tNakdJ3iY9GA5ZRSZLCNtXNQioaEjZsp0OwrGsq6X4XV-wlBWSC46QTBIJ0EbquksboUG1M0Fq1qsve56MBLg0GKwHwkDssayIncBx7sm2oW_xlkQfK03z8Hprtv5spcgE0VNyIiWS2a0QoTB4EIe-IKfx-sjBtZtblDaO6JalIfeA2EFwV2ps7Pzo0mu04XFeaYnAjBmlQkLfHgsKRLLUekGSZxDLvN8eij7Z8Cmo8=">Pharvaris</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHVS#NASDAQ">PHVS</a>), a late-stage biopharmaceutical company developing novel, oral bradykinin B2 receptor antagonists to help address unmet needs of those living with bradykinin-mediated diseases such as hereditary angioedema (HAE) and acquired angioedema due to C1 inhibitor deficiency (AAE-C1INH), today announced a summary of data that were presented at the 14th C1-Inhibitor Deficiency and Angioedema Workshop.

PHVS

Pharvaris Presents Key Findings On Bradykinin B2 Antagonists At Angioedema Workshop

Elon Musk announced the launch of the XChat messaging app with claimed Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) -style encryption, but cybersecurity experts are challenging the technical accuracy of the platform&#8217;s security assertions.
What Happened: Musk unveiled XChat on Sunday, promoting the app as built on the Rust programming language with Bitcoin-style encryption. The messaging platform features end-to-end encryption, disappearing messages, and file sharing capabilities without requiring phone numbers across all platforms.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">All new XChat is rolling out with encryption, vanishing messages and the ability to send any kind of file. Also, audio/video calling. This is built on Rust with (Bitcoin style) encryption, whole new architecture.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1929238157872312773?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
However, tech experts immediately questioned the encryption claims. Ian Miers, Assistant Professor of Computer Science at the University of Maryland, stated on X: &#8220;Bitcoin primarily uses signatures, not encryption. This is like saying, we decided to run our rocket on water, since NASA uses Hydrogen and Oxygen.&#8221; 
Miers explained that Bitcoin transactions are signed rather than encrypted, with all data between Bitcoin nodes remaining unencrypted to allow network interaction.
Miers further criticized the technical descriptions, noting: &#8220;Needless to say &#8216;Bitcoin style&#8217; and &#8216;Rust&#8217; are not descriptions of an encryption scheme, nor are they strong indicators of security for a messaging app.&#8221; 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Seriously, what is Bitcoin style encryption? Bitcoin primarily uses signatures, not encryption. This is like saying, we decided to run our rocket on water, since NASA uses Hydrogen and Oxygen. <a href="https://t.co/dWZhV6H4Tk">https://t.co/dWZhV6H4Tk</a>
&mdash; Ian Miers (@secparam) <a href="https://twitter.com/secparam/status/1929302662320635962?ref_src=twsrc%5Etfw">June 1, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/equities/25/06/45716798/softbank-and-intel-set-to-launch-70-million-ai-memory-project-in-japan-to-slash-power-use">SoftBank And Intel Set To Launch $70 Million AI Memory Project In Japan To Slash Power Use</a>
Why It Matters: The launch comes amid ongoing security concerns surrounding Musk&#8217;s platforms. X experienced a massive <a href="https://www.benzinga.com/markets/25/04/44601197/massive-data-breach-at-elon-musks-x-reportedly-exposes-data-of-millions-of-accounts-by-far-the-largest-social-media-breach-ever">data breach</a> in April, exposing data from 201 million accounts in what SafetyDetectives called &#8220;by far the largest social media breach ever.&#8221; 
The breach included metadata such as account creation dates, locations, and post counts. Additionally, critics have raised questions about <a href="https://www.benzinga.com/general/social-media/25/04/44973207/elon-musks-critics-on-x-see-sudden-drop-in-visibility-raising-questions-about-platforms-free-speech-commitments">X&#8217;s content visibility algorithms</a> after several high-profile users reported dramatic reach declines following public disputes with Musk. 
In March, Musk&#8217;s <a href="https://www.benzinga.com/tech/25/03/44549314/elon-musk-acquires-his-own-social-media-platform-x-through-xai-in-33-billion-deal-says-combined-entity-now-worth-80-billion">xAI acquired X</a> for $33 billion, combining the social platform with his artificial intelligence venture.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/politics/25/06/45716936/speaker-mike-johnson-says-4-8-million-wont-lose-medicaid-unless-they-choose-to-do-so-calls-gop-cuts-an-important-and-frankly-heroic-thing">Speaker Mike Johnson Says 4.8 Million Won&#8217;t Lose Medicaid &#8216;Unless They Choose To Do So,&#8217; Calls GOP Cuts &#8216;An Important And Frankly Heroic Thing&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: JRdes / Shutterstock.com

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Tech

$BTC

Elon Musk Launches XChat With Claimed Bitcoin-Style Encryption, But Expert Says It's Like Running A 'Rocket On Water'

Piper Sandler analyst Paul Newsome initiates coverage on American Integrity (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AII#NYSE">AII</a>) with a Overweight rating and announces Price Target of $20.

Price Target

Initiation

Piper Sandler Initiates Coverage On American Integrity with Overweight Rating, Announces Price Target of $20

Piper Sandler analyst Paul Newsome initiates coverage on Aspen Insurance Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AHL#NYSE">AHL</a>) with a Overweight rating and announces Price Target of $40.

Piper Sandler Initiates Coverage On Aspen Insurance Hldgs with Overweight Rating, Announces Price Target of $40

<ul>
<li>BNT327, BioNTech's PD-L1xVEGF-A bispecific antibody, is a clinically advanced investigational immunotherapy candidate with the potential to surpass current checkpoint inhibitor outcomes and set a new standard of care in multiple tumor types</li>
<li>The co-development and co-commercialization collaboration with a 50/50 profit/loss split will leverage both partners' expertise, resources and global footprint to accelerate BNT327's path towards potential regulatory approvals and market launches</li>
<li>BioNTech and Bristol Myers Squibb will jointly execute a broad clinical development program to evaluate and advance BNT327 across numerous solid tumor types</li>
</ul>
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.biontech.com%2Fen&amp;esheet=54263388&amp;newsitemid=20250602838823&amp;lan=en-US&amp;anchor=BioNTech+SE&amp;index=1&amp;md5=1b483074285e1f354b050f382ec03fb3">BioNTech SE</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>, "BioNTech"))) and <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.bms.com%2F&amp;esheet=54263388&amp;newsitemid=20250602838823&amp;lan=en-US&amp;anchor=Bristol+Myers+Squibb&amp;index=2&amp;md5=83c6c6eeb4378c5bb6d68c8e39efc4ff">Bristol Myers Squibb</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>, "BMS"))) today announced that the companies have entered into an agreement for the global co-development and co-commercialization of BioNTech's investigational bispecific antibody BNT327 across numerous solid tumor types. Under the agreement, BioNTech and BMS will work jointly to broaden and accelerate the development of this clinical candidate.

BNTX

BioNTech And Bristol Myers Squibb Partner To Advance Bispecific Antibody BNT327 For Solid Tumors

Mizuho analyst Ben Chaiken upgrades Red Rock Resorts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RRR#NASDAQ">RRR</a>) from Neutral to Outperform and maintains the price target from $50 to $50.

Upgrades

Mizuho Upgrades Red Rock Resorts to Outperform, Maintains Price Target to $50

HC Wainwright &amp; Co. analyst Mitchell Kapoor initiates coverage on Boundless Bio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOLD#NASDAQ">BOLD</a>) with a Buy rating and announces Price Target of $5.

BOLD

HC Wainwright & Co. Initiates Coverage On Boundless Bio with Buy Rating, Announces Price Target of $5

HC Wainwright &amp; Co. analyst Mitchell Kapoor assumes Avalo Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVTX#NASDAQ">AVTX</a>) with a Buy rating and announces Price Target of $15.

AVTX

HC Wainwright & Co. Assumes Avalo Therapeutics at Buy, Announces Price Target of $15

iShares MSCI Israel Capped Investable Market Index Fund

Reuters Reported Iran Poised To Dismiss US Nuclear Proposal, Citing Iranian Diplomat

CareTrust REIT, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTRE#NYSE">CTRE</a>) ("CareTrust" or the "Company") announced today that, together with a joint venture partner, it has acquired a portfolio of skilled nursing facilities located in the Pacific Northwest for a total purchase price of approximately $146 million, inclusive of transaction costs.
The portfolio consists of 10 facilities comprising 911 licensed beds located across Idaho, Oregon and Washington. The acquisition was completed through a joint venture arrangement entered into between CareTrust and a large third-party healthcare real estate owner. At closing, CareTrust provided common equity and preferred equity investments totaling approximately $141 million at an initial contractual yield on its combined investment in the joint venture of approximately 9.0%. The total investment amount was funded using a combination of cash on hand and a draw from the Company's revolving credit line, which brought the outstanding balance on the revolver to approximately $475 million. The joint venture has leased the facilities to two existing tenants who each have strong rent coverage on existing leased CareTrust properties and deep operating experience pursuant to new 15-year triple-net leases that include extension options and annual escalators.
Joe Callan, Senior Vice President of Investments, added, "This acquisition further underscores the favorable investment environment we are seeing and highlights CareTrust's unique ability to leverage its operator roots to grow our portfolio with high-quality tenants."
The closing of this transaction brings the Company's annual investment total to approximately $1.1 billion. Mr. Callister noted, "After a busy 2024 deploying over $1.5 billion in skilled nursing and seniors housing investments, the momentum continues in 2025. We're excited to announce this transaction after closing the Care REIT acquisition in May to highlight the concurrent opportunities in the US and UK to grow our portfolio. With our balance sheet strength, we're positioned to pursue those opportunities in both markets simultaneously."
 &nbsp;

CTRE

Caretrust REIT Acquires Portfolio Of Skilled Nursing Facilities In Pacific Northwest For About $146M, Inclusive Of Transaction Costs

HC Wainwright &amp; Co. analyst Sean Lee assumes Senseonics Holdings (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SENS#AMEX">SENS</a>) with a Buy rating and announces Price Target of $1.1.

SENS

HC Wainwright & Co. Assumes Senseonics Holdings at Buy, Announces Price Target of $1.1

Broadstone Net Lease Disclosed That Quarter-to-date, It Has Invested $83.3M, Including $54.7M In New Property Acquisitions And $28.6M In Build-to-suit Developments

Effective June 2, 2025, KORE Group Holdings, Inc. (the "Company") appointed Anthony Bellomo as Executive Vice President, Chief Financial Officer &amp; Treasurer of the Company. In connection with such appointment, on May 28, 2025, the Company informed Paul Holtz, the Company's former Executive Vice President, Chief Financial Officer &amp; Treasurer, that he would depart from such role and as an executive officer of the Company effective May 30, 2025. Mr. Holtz is expected to remain employed by the Company in an advisory capacity through June 30, 2025 to effect an orderly transition of duties. In connection with his transition services, Mr. Holtz will continue to be paid his current annual base salary through the time he remains employed, and his outstanding equity awards will continue to vest in accordance with their terms, in each case, subject to his continued employment with the Company. After the end of such transition period, Mr. Holtz will be entitled to severance payments and benefits arising from a termination Without Cause as defined in and as set forth his Employment Agreement, dated April 1, 2022, with the Company, as more fully described in the Current Report on Form 8-K filed by the Company on April 6, 2022.
 &nbsp;
Mr. Bellomo joins the Company from Mitel Networks Corporation, where he spent the last fifteen years in financial roles of increasing responsibility, including having served as Group Vice-President, Finance M&amp;A and Chief Accounting Officer since 2018. Previously, he served in a senior financial role at Onex Corporation and as Audit Manager at Deloitte &amp; Touche LLP. He is a Chartered Accountant in Ontario, Canada, Certified Public Accountant in the State of Illinois and CFA charterholder. Mr. Bellomo has a Bachelor of Mathematics and Master of Accounting from the University of Waterloo in Waterloo, Ontario, Canada.

Management

KORE

KORE Group Names Mitel Exec Anthony Bellomo as New CFO, Replacing Paul Holtz

CareTrust REIT, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTRE#NYSE">CTRE</a>) ("CareTrust") announced today the closing of a new senior unsecured term loan and the hiring of two talented real estate professionals. These actions further bolster its growth platform and strengthen the Company's long-term prospects at a time of accelerating investment in its healthcare portfolio.
New Term Loan
The Company closed on an amendment to its existing credit agreement with KeyBank National Association and a syndicate of leading financial institutions to add a new $500 million unsecured term loan (the "Term Loan") to its existing $1.2 billion unsecured revolving credit facility. The Company currently expects to use borrowings under the Term Loan to pay off the revolver balance of approximately $475 million, to fund acquisitions and for general corporate purposes. The Term Loan initially matures in May 2030, with an uncommitted accordion feature allowing for up to $800 million in additional borrowing capacity.

CareTrust REIT Closes Amendment, Enhancing Credit Facility With $500M Term Loan

B of A Securities analyst Justin Post maintains Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) with a Buy and raises the price target from $230 to $248.

AMZN

B of A Securities Maintains Buy on Amazon.com, Raises Price Target to $248

Piedmont Office Realty Trust Announced That It Has Completed Over 500,000 Square Feet Of Leasing Thus Far In The Second Quarter, With 350,000 Square Feet Related To New Tenants

VIAV

Inertial Labs, A VIAVI Solutions Announced The Launch Of A Visual-aided Inertial Navigation System (VINS) That Enables Aircraft To Maintain Accurate Flightpaths When No Reliable GPS/GNSS Signal Is Available

Press Releases

General

Shipping: State of Play & What Lies Ahead

International Seaways to Announce Fourth Quarter and Full Year 2024 Results on February 27, 2025

Industry Leaders Presenting at Capital Link's 19th Annual International Shipping Forum - Monday March 31, 2025, New York City

International Seaways Reports Fourth Quarter and Full Year 2024 Results

Gas & Tankers Shipping Industry Leaders Presenting at Capital Link's 19th Annual International Shipping Forum - Monday, March 31, 2025, New York City

REMINDER: Gas & Tankers Shipping Industry Leaders Presenting at Capital Link's 19th Annual International Shipping Forum - Monday, March 31, 2025, New York City

International Seaways to Announce First Quarter 2025 Results on May 8, 2025

Economics

Insights from Industry Leaders: Capital Link's Quarterly Shipping Report – Q1 2025

International Seaways Reports First Quarter 2025 Results

International Seaways and V. Partner to Launch Female Cadet Program

BWLP

CCEC

CDLR

CLCO

DMCOF

EDRY

ESEA

FLNG

GOGL

HAFN

INSW

NVGS

PANL

SBLK

SHIP

STNG

SVCCU

USEA

BW LPG

CrossAmerica Partners LP Common Units representing limited partner interests

CrossAmerica Partners

DHT Holdings

Delek Logistics Partners, L.P. Common Units representing Limited Partner Interests

Delek Logistics Partners

Okeanis Eco Tankers

Excelerate Energy, Inc. Class A Common Stock

Excelerate Energy

Flex LNG

Frontline

Genesis Energy

Golar LNG

Global Partners LP Common Units representing Limited Partner Interests

Global Partners

Hafnia

Kinetik Holdings Inc. Class A Common Stock

Kinetik Holdings

Dorian LPG

NextDecade

New Fortress Energy Inc. - Class A Common Stock

New Fortress Energy

Navigator Holdings Ltd. Ordinary Shares (Marshall Islands)

Navigator Holdings

Plains GP Holdings, L.P. - Class A Shares representing limited partner interests

Plains GP Holdings

SFL Corp

Scorpio Tankers

Transportadora de Gas del Sur SA TGS Common Stock

Transportadora de Gas

Teekay

Teekay Tankers

TORM

Ultrapar Participacoes S.A. (New) American Depositary Shares (Each representing one Common Share)

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