Trading Ideas
Edited Transcript of UNIT earnings conference call or presentation 7-Nov-19 9:15pm GMT
Q3 2019 Uniti Group Inc Earnings Call …read more […]
Month: November 2019
Business News
Finnair cancels 276 flights as unions join solidarity strike
Finland’s national airline Finnair said on Sunday it was forced to cancel 276 flights scheduled for Sunday and Monday after attempts to settle a labor dispute at the Finnish postal service failed, leading several Finnish labor unions to join a solidarity strike on Monday.
Trading Ideas
Silver Lake nears deal for First Advantage -sources
Private equity firm Silver Lake is nearing a deal to acquire First Advantage that could value the background checks provider at more than $1.5 billion, including debt, people familiar with the matter said on Sunday. Silver Lake declined to comment. First Advantage and its owner, Symphony Technology Group (STG), did not respond to requests for comment. …read more […]
Trading Ideas
Hedge funds were short bitcoin going into this downturn, CFTC report show
Some hedge funders out there appear to have made a strong bet shorting the bitcoin market over the past week, data from the Commodities Futures Trading Commission shows. The post Hedge funds were short bitcoin going into this downturn, CFTC report show appeared first on The Block. …read more […]
Business News
France’s LVMH close to buying Tiffany after sweetening offer: sources
LVMH is close to buying U.S. jewelry chain Tiffany & Co for about $16.3 billion after sweetening its offer, sources said on Sunday, as the owner of Louis Vuitton and Bulgari aims to tap the fast-growing luxury jewelry market.
Trading Ideas
The student loan crisis is hitting black communities particularly hard, new data shows
Black borrowers are on average borrowing more and defaulting at higher rates, according to New York Fed data. …read more […]
Business News
France’s 5G spectrum to be sold at floor price of 2.17 billion euros: minister
Frances’s 5G spectrum will be sold at a floor price of 2.17 billion euros ($2.4 billion), a minister said on Sunday, significantly more than the amount previously recommended by the country’s telecoms operator Arcep.
Trading Ideas
Edited Transcript of STG.N earnings conference call or presentation 22-Nov-19 12:30pm GMT
Q3 2019 Sunlands Online Education Group Earnings Call …read more […]
Business News
France’s LVMH nears deal to buy U.S. jewelry chain Tiffany for about $16.3 billion: sources
French luxury group LVMH is nearing a deal to buy U.S. jewelry chain Tiffany & Co for about $16.3 billion, sources familiar with the matter told Reuters on Sunday.
Trading Ideas
US Refiners Reduce Crude Processing For First Time Since 2009
For the first time since the crisis of 2008/2009, U.S. refiners have reduced their crude processing rates as a result of weaker oil product demand …read more […]
Business News
Amazon to open store on China’s Pinduoduo marketplace on November 25: source
Amazon.com Inc will open a store on Chinese e-commerce platform Pinduoduo on Monday, a source familiar with the matter said, in a sign of how the U.S. firm’s China strategy is evolving after it shut its own online store in the country.
Business News
Japanese hotel group Unizo gets six new buyout offers
Japanese hotel operator Unizo Holdings said on Sunday it had received six more buyout offers at a price competitive with an existing $1.6 billion bid proposed by Blackstone Group .
Trading Ideas
Japanese hotel group Unizo gets six new buyout offers
Japanese hotel operator Unizo Holdings said on Sunday it had received six more buyout offers at a price competitive with an existing $1.6 billion bid proposed by Blackstone Group. Unizo said it had received offers from four overseas investment funds and one Japanese fund as well as one domestic company, without naming the bidders. Unizo said none of the offers would meet its demands. …read more […]
Trading Ideas
Amazon to open store on China's Pinduoduo marketplace on Nov. 25 – source
Amazon.com Inc will open a store on Chinese e-commerce platform Pinduoduo on Monday, a source familiar with the matter said, in a sign of how the U.S. firm’s China strategy is evolving after it shut its own online store in the country. Amazon closed its Chinese marketplace in July, having found it difficult to gain traction in the face of intense competition from entrenched, home-grown rivals like Alibaba Group Holding’s Tmall marketplace and JD.com. It said at the time it would increase its focus on selling goods from abroad to Chinese buyers via its global platform. …read more […]
Business News
France’s LVMH nears deal to buy U.S. jewelry chain Tiffany for $16.7 billion: FT
French luxury group LVMH is nearing a $16.7 billion deal to buy Tiffany & Co , the Financial Times reported on Sunday, citing people close to the deal.