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News

11 Nov May struggles to win over cabinet and parliament

Posted at 19:17h in News by KMFSLLP 0 Comments

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Any deal with Brussels will count for little if PM cannot secure domestic support

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11 Nov UPDATE 1-Mexico’s Banorte shares slide over 8 pct on proposal to regulate bank fees

Posted at 19:15h in News by KMFSLLP 0 Comments

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Shares of Mexican bank Grupo Financiero Banorte dropped more than 8 percent on Monday amid market uncertainty over a bill in Congress that would cut bank commissions.

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11 Nov REUTERS SUMMIT-Citron’s Left calls Tilray surge its ‘worst day ever’ in market

Posted at 18:54h in News by KMFSLLP 0 Comments

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Andrew Left, one of Wall Street's most prominent short-sellers, said Tilray Inc gave his firm its "worst day ever in the market" two months ago when its shares almost doubled in one session, but he remains bearish on the Canadian cannabis company.

11 Nov Rabobank explores sale of U.S. retail, wealth operations – sources

Posted at 18:45h in News by KMFSLLP 0 Comments

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Dutch cooperative lender Rabobank is exploring the sale of its retail and wealth management operations in the United States in a deal that could top $1 billion, people familiar with the matter said on Monday.

11 Nov Utility stocks slump as California wildfires leave hundreds missing

Posted at 18:37h in News by KMFSLLP 0 Comments

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California utility stocks plummeted for a second day on Monday after deadly wildfires killed at least 31 people and left hundreds missing, with property losses estimated at over $2 billion and the companies facing potential liability.

11 Nov REUTERS SUMMIT-Citron’s Left covered Facebook short, still bearish on Netflix

Posted at 18:30h in News by KMFSLLP 0 Comments

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Andrew Left has covered his short position on Facebook Inc, due to its booming Instagram business, but is still betting on a decline in Netflix Inc shares, the activist short-seller told Reuters on Monday.

11 Nov May faces defeat over fixed-odds betting terminals

Posted at 18:29h in News by KMFSLLP 0 Comments

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At least 20 Tories expected to vote against the government to ensure swifter crackdown

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11 Nov Takeda’s Shire takeover to bring $963 million fee bonanza

Posted at 18:27h in News by KMFSLLP 0 Comments

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Banks, law firms and other advisers stand to earn up to $963 million in fees from Takeda Pharmaceutical's $62 billion takeover of drugmaker Shire, according to documents for the deal published on Monday.