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Trading Ideas

British Cave Expert Seeks $190 Million in Damages From Musk

December 6, 2019 admin Comments Off on British Cave Expert Seeks $190 Million in Damages From Musk

(Bloomberg) — Elon Musk should pay $190 million in damages to a British cave expert who claims he was defamed the chief executive of Tesla Inc. in a tweet, the caver’s lawyer told a jury at the end of a trial in Los Angeles.Standing next to the defense table, where Musk was seated, L. Lin Wood told the jury “Elon Musk is a liar.”Wood asked the jury to award $5 million in actual damages, $35 million in assumed damages and $150 million in punitive damages.Musk called Vernon Unsworth a “pedo guy” in a tweet, responding to an interview the caver …read more […]

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Stakeholder capitalism: how one health company is treating investors and employees equally

December 6, 2019 admin Comments Off on Stakeholder capitalism: how one health company is treating investors and employees equally

Edwards Lifesciences uses special equipment catered to fighting heart disease while also focusing on stakeholder capitalism. This enables Edwards Lifesciences to thrive financially and benefit a wider community beyond shareholders. Yahoo Finance’s Adam Shapiro and Julie Hyman discuss with Edwards Lifesciences CEO Mike Mussallem, KPMG Chief Economist Constance Hunter and Just Capital CEO Martin Whittaker on On the Move. …read more […]

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Hedge Funds Love Unisys Corporation (UIS) Way More Than These 4 Stocks

December 6, 2019 admin Comments Off on Hedge Funds Love Unisys Corporation (UIS) Way More Than These 4 Stocks

At Insider Monkey, we pore over the filings of nearly 750 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we’ve gathered as a result gives us access to a wealth of collective knowledge based on these firms’ portfolio holdings as of September 30. In this […] …read more […]

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Mailbag: To Short or Not to Short

December 6, 2019 admin Comments Off on Mailbag: To Short or Not to Short

Q: What happens to my shares (or convertible note) in a startup if it gets bought out?
A: If you have shares in the startup, they will convert into…

Cash if the buyout is a cash deal
Common or preferred shares of the buyout company if the startup is bought out via shares
A combination of cash and shares if the buyout is done through cash and shares.

If the buying company is listed on a public exchange, you can immediately sell those shares and cash out. But if it’s a startup with privately held (and illiquid) shares, you’ll have to hold on to them …read more […]

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ESG and Mission-Critical Issues for Director & Officer Liability

December 6, 2019 admin Comments Off on ESG and Mission-Critical Issues for Director & Officer Liability

By Jonathan Drimmer, Paul Hastings, and Yousuf Aftab, Enodo Rights & Atelier Aftab Amidst a spirited debate around the duties of directors in relation to environmental, social, and governance (ESG) risks, two recent decisions from Delaware courts provide clarifying contours. The decisions are particularly significant since Delaware is the leading state for corporate law and […] …read more […]

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Halliburton lays off 70 employees at Bakersfield plant in California

December 6, 2019 admin Comments Off on Halliburton lays off 70 employees at Bakersfield plant in California

Halliburton Co is laying off employees at its Bakersfield plant in California in its latest round of job cuts this year, as the U.S. oilfield services firm struggles with falling profits amid slowing oil and gas activity. The layoffs are expected to impact about 70 employees at the plant, the company said in a filing with California authorities. Halliburton said the move was in addition to job cuts at other plants. …read more […]