Posted at 21:04h
in
News
by KMFSLLP
Hedge fund Latimer Light Capital,
which specialized in picking stocks, is closing its doors,
becoming the latest casualty in an industry pummeled by the
recent stock market sell-off.
...
Posted at 21:01h
in
News
by KMFSLLP
Self-driving car startup
Zoox Inc has become the first company to receive approval from
California regulators to operate an autonomous ride service for
public passengers, state regulators said on Friday.
...
Posted at 20:31h
in
News
by KMFSLLP
The Danish Tax Agency said on
Friday it had subpoenaed a foreign pension fund, later
identified as Canada's Health Care of Ontario Pension Plan
(HOOPP), saying the fund had received dividend tax rebates it
was not entitled to.
Posted at 20:23h
in
News
by KMFSLLP
Goldman Sachs Group Inc
Chief Executive David Solomon on Friday defended the bank
against criticism of its compliance and oversight related to
dealings with the sovereign wealth fund 1MDB, according to a
message sent to employees obtained by Reuters.
Posted at 19:36h
in
News
by KMFSLLP
* Deutsche Boerse denies allegation but won't challenge
fines
...
Posted at 19:33h
in
News
by KMFSLLP
U.S. shale producers
are slamming the brakes on next year's drilling with crude
prices off 40 percent and mounting fears of oversupply, paring
budgets that in some cases were set only weeks earlier.
Posted at 19:20h
in
News
by KMFSLLP
The U.S. Securities and
Exchange Commission said on Friday it had settled charges with
automated investment management providers Wealthfront Advisers
LLC and Hedgeable Inc to resolve allegations that the companies
had made false disclosures to their customers.
Posted at 18:49h
in
News
by KMFSLLP
A gauge of high-yield bond
performance was trading close to its lowest since early 2016 on
Friday, a day after the riskiest U.S. corporate bonds suffered
their biggest daily drop in nearly three years and in sync with
a broad pullback from stocks and other risky assets.
Posted at 18:46h
in
News
by KMFSLLP
A gauge of high-yield bond
performance was trading close to its lowest since early 2016 on
Friday, a day after the riskiest U.S. corporate bonds suffered
their biggest daily drop in nearly three years and in sync with
a broad pullback from stocks and other risky assets.
Posted at 18:38h
in
News
by KMFSLLP
Sweden's Fagerhult AB said on
Friday it had signed a deal to acquire Italian lighting group
iGuzzini illuminazione S.p.A. for a total enterprise value of
385 million euros ($438 million) on a cash and debt-free basis.
