Shareholder activists focused on climate issues vowed to press proxy battles with JPMorgan Chase & Co after getting a cold reception from the top Wall Street bank, even though Chief Executive Jamie Dimon has vowed to protect the environment.
The S&P 500 and the Dow Jones Industrials hit record highs minutes after the open on Wednesday on signs that the coronavirus outbreak is slowing in China.
World markets started shrugging off the worst of the coronavirus impact last week and stock markets have since reached record highs. China’s announcement that new cases of the so-called COVID-19 detected on Tuesday were at their lowest since Jan 30 has only consolidated those gains.
Liquid Strategies and Overlay Shares CIO Shawn Gibson and Committee for Economic Development Director of Research Joseph Minarik join Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Jared Blikre to discuss the latest market action on The First Trade. …read more […]
(Bloomberg) — Activist investor Carl Icahn is calling on the leadership of Occidental Petroleum Corp. to reveal whether they were approached by any potential buyers prior to agreeing to acquire Anadarko Petroleum Inc. for $37 billion.The billionaire, who owns 3% of Occidental, said in a letter to the company’s shareholders Wednesday that Chief Executive Officer Vicki Hollub and Chairman Eugene Batchelder were trying to preserve their own jobs ahead of the interests of investors.“Why did they decide to embark on this ill-advised bet that has already destroyed over $30 billion in stockholder value; and if oil continues its decline, we …read more […]
Nissan Motor Co could be heading for its first quarterly loss in more than a decade, three company sources said on Wednesday, as news emerged the Japanese carmaker is seeking $91 million in damages from ousted former boss Carlos Ghosn.
Analysts were hoping the home furnishing chain’s new Chief Executive Officer Mark Tritton to quickly overhaul the business after almost three years of falling same-store sales through divestitures, cost cuts and a revamp of merchandise. Ten rate it “hold” and 3 “sell”. …read more […]
Britain’s biggest telecoms group BT said on Wednesday it was pulling out of the Mobile World Congress in Barcelona because of the coronavirus outbreak.
Organisers of the Mobile World Congress (MWC) will decide on Wednesday whether to cancel the event, two sources said, after several major European telecom companies pulled out due to the coronavirus outbreak.
French telecoms group Orange has also decided to pull out of the Mobile World Congress telecoms event in Barcelona due to concerns over the coronavirus, said a source close to the matter on Wednesday.
The organizers of the Mobile World Congress (MWC) said on Wednesday they were monitoring “the fast-changing” development of the coronavirus, in a statement issued after sources said the event in Barcelona was likely to be called off.
PVH Corp said on Wednesday it had temporarily closed majority of its Calvin Klein and Tommy Hilfiger stores in China due to the coronavirus outbreak.
Next Super Stock – February 11, 2020 Livestream Presenter: CytoDyn, Inc. (OYTC: CYDY) Nader Pourhassan, Ph.D Back by popular demand! CytoDyn, Inc. (OTC: CYDY) CEO Nader Pourhassan, Ph.D, will be making a follow-up […]
NEW YORK and TORONTO, Feb. 12, 2020 — NexTech AR Solutions (NexTech) (otcqb:NEXCF) (NTAR)(N29), the leader in augmented reality for e-commerce and AR learning applications, has received a new order from Walther Arms, most famous as the […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
