Posted at 21:30h
in
News
by KMFSLLP
William Ackman's publicly traded
hedge fund is outperforming the broader stock market this year,
fueled by rising prices at Chipotle Mexican Grill and
Automatic Data Processing Inc, the billionaire investor
said on Thursday.
...
Posted at 21:00h
in
News
by KMFSLLP
WeWork Cos, the fast-growing
coworking company gobbling up commercial office leases, said on
Thursday its second-quarter sales more than doubled from a year
earlier as it added new members at a quickening pace, but losses
also mounted.
Posted at 20:57h
in
News
by KMFSLLP
Britain's top share index fell on
Thursday as several heavyweight stocks went ex-dividend, while
disappointing earnings sent travel operator TUI down sharply.
...
Posted at 20:51h
in
News
by KMFSLLP
Tesla Inc's shares
slipped nearly 5 percent on Thursday, wiping out the gains
fueled by Chief Executive Elon Musk's announcement of a plan to
take the company private, after reports of concern by regulators
and on doubt the deal could be done.
Posted at 20:50h
in
News
by KMFSLLP
JPMorgan Chase & Co has
revamped its entry-level program for technologists to attract
more young software engineers amid a battle for top talent
between Wall Street and Silicon Valley.
...
Posted at 20:28h
in
News
by KMFSLLP
The U.S. 30-year Treasury bond's
rally accelerated in late U.S. trading on Thursday, as the S&P
500 and Dow stock prices ended lower, adding some safe-haven
bids to earlier demand following a fair $18 billion 30-year
auction.
Posted at 20:10h
in
News
by KMFSLLP
Puerto Rico bonds rallied on
Thursday, a day after the latest debt restructuring deal struck
between the bankrupt U.S. commonwealth and its bondholders as
well as a federal court ruling that affirmed the budgetary
powers of an oversight board.
Posted at 19:57h
in
News
by KMFSLLP
Goldman Sachs Group Inc
was sued on Thursday by a former managing director who said the
Wall Street bank retaliated against him and fired him after he
complained about its dealings with an unidentified, "notorious
European businessman."
Posted at 19:46h
in
News
by KMFSLLP
Drug store chain Rite Aid Corp and
U.S. grocer Albertsons Companies Inc agreed to terminate
their merger agreement, the companies said on Wednesday, a
little over 10 days after a shareholder advisory firm opposed
the deal.
Posted at 18:59h
in
News
by KMFSLLP
Puerto Rico bonds rallied on
Thursday, a day after the latest debt restructuring deal struck
between the bankrupt U.S. commonwealth and its bondholders as
well as a federal court ruling that affirmed the budgetary
powers of an oversight board.