Shares of oilfield services firm ProPetro Holding Corp fell as much as 10% on Thursday after research firm Culper Research released a report outlining business dealings among its executives and board members, and criticized an internal audit of related-party transactions as a “farce.”
Google sued Texas’ attorney general on Thursday to ensure that its confidential business information will not be disclosed to rivals as he leads a multi-state probe into possible antitrust violations by the Internet search and advertising company.
A planned merger between Fiat Chrysler and Peugeot owner PSA would only benefit shareholders, two of the biggest Italian and a French unions said on Thursday, criticising a decision not to include labour groups in the decision.
Carlos Tavares, a former Renault star credited with reviving the company’s French rival Peugeot SA , has long shone as a restructurer-in-chief, staring down unions and slicing down bureaucracies.
U.S. President Donald Trump says further Federal Reserve rate cuts would lower the value of the dollar and help the country’s trade position.
Proxy adviser Institutional Shareholder Services Inc on Thursday sued the U.S. Securities and Exchange Commission over guidance aiming to clarify how investors and firms that vote on their behalf should cast their ballots in corporate elections.
Saudi Arabia’s crown prince showed up only briefly this week at the kingdom’s flagship investment forum, which largely drew leaders and firms with strategic interest in the Gulf state and wrapped up with relatively meagre deals and an anticlimactic finale.
Today we’ll look at The Trade Desk, Inc. (NASDAQ:TTD) and reflect on its potential as an investment. Specifically… …read more […]
Wall Street pummeled shares of companies including Lyft , Uber Technologies , SmileDirectClub and Slack Technologies on Thursday as investors grew more sour on money-losing former startups that listed their shares this year in hyped-up IPOs.
Kraft Heinz shares jumped after the company posted Q3 earnings that beat expectations. However, sales dropped 5% year over year. Yahoo Finance’s Akiko Fujita and Heidi Chung discuss on The Ticker. …read more […]
(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Chinese officials are casting doubts about reaching a comprehensive long-term trade deal with the U.S. even as the two sides get close to signing a “phase one” agreement.In private conversations with visitors to Beijing and other interlocutors in recent weeks, Chinese officials have warned they won’t budge on the thorniest issues, according to people familiar with the matter. They remain concerned about President Donald Trump’s impulsive nature and the risk he may back out of even the limited deal both …read more […]
Is Stamps.com Inc. (NASDAQ:STMP) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds have […] …read more […]
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, ‘The possibility of… …read more […]
Investors pushed shares of GE up nearly 12% after better than expected third quarter results, but at least one analyst thinks that rally was unjustified. …read more […]
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the second quarter and hedging or reducing many of […] …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
