Posted at 20:25h
in
News
by KMFSLLP
* Dow down 0.68 pct, S&P 500 down 0.55 pct, Nasdaq down 1.16
pct
(Updates to market close, changes byline)
...
Posted at 20:10h
in
News
by KMFSLLP
Accused by Tesla Inc
Chief Executive Elon Musk of making "excessive profit" by
lending shares to short-sellers, top index fund companies shot
back on Friday that they are only looking out for their
investors.
Posted at 19:46h
in
News
by KMFSLLP
California startup Bird
said on Friday it has launched its electric scooters in Mexico
City, in a key global expansion, as the company seeks to shake
up urban transportation.
...
Posted at 19:35h
in
News
by KMFSLLP
Puerto Rico's unsecured
creditors will drop their opposition to a deal to restructure
roughly $4 billion of debt issued by the U.S. commonwealth's
defunct Government Development Bank (GDB), under an agreement
revealed on Friday.
Posted at 19:24h
in
News
by KMFSLLP
Hedge fund manager David Einhorn
lambasted Tesla Inc and its "despondent" Chief
Executive Elon Musk on Friday, comparing the electric car
company to Lehman Brothers Holdings Inc, where he had flagged
accounting problems several months before its 2008 collapse.
Posted at 19:16h
in
News
by KMFSLLP
Lump sums may represent as little as 57% of schemes’ full value, analysis finds
...
Posted at 19:13h
in
News
by KMFSLLP
Shares of Tesla Inc fell 7
percent on Friday after David Einhorn's hedge fund Greenlight
Capital slammed the electric carmaker, adding to losses sparked
by CEO Elon Musk mocking the U.S. Securities and Exchange
Commission on Twitter.
Posted at 18:42h
in
News
by KMFSLLP
Fidelity Investments said on
Friday that its asset management chief, Charles Morrison, is
leaving the company and that it plans to name a replacement in
"the near term."
...
Posted at 18:24h
in
News
by KMFSLLP
Saudi Arabia's crown prince insisted the
stalled plan to sell shares in oil giant Aramco will go ahead,
promising an initial public offering by 2021 and sticking to his
ambitious view the state-run company is worth $2 trillion or
more, Bloomberg reported on Friday.
Posted at 18:17h
in
News
by KMFSLLP
Saudi Arabia's crown prince insisted the
stalled plan to sell shares in oil giant Aramco will go ahead,
promising an initial public offering by 2021 and sticking to his
ambitious view the state-run company is worth $2 trillion or
more, Bloomberg reported on Friday.