CEO-led consortium to take Franchise Group private in $2.6 billion deal
Vitamin Shoppe owner Franchise Group Inc would be taken private by a management group led by CEO Brian
2023-05-10 19:56
U.S. prosecutors look at short selling in bank shares - source
By Chris Prentice NEW YORK Federal prosecutors in Washington are looking into short seller activity around the recent
2023-05-10 18:46
ISS backs all four ValueAct director candidates in Seven & I boardroom fight
By Svea Herbst-Bayliss NEW YORK (Reuters) -Proxy advisory firm Institutional Shareholder Services (ISS) on Tuesday backed ValueAct Capital's boardroom challenge
2023-05-10 16:28
Toyota Profit Outlook in Line With Estimates, to Buy Back Shares
Toyota Motor Corp. forecast profit for the current fiscal year in line with analysts’ projections, as new Chief
2023-05-10 13:25
Tencent, TSMC Shares Shunned by $3.2 Billion Fund on Valuations
A $3.2 billion fund focused on Asian equities is avoiding the region’s two biggest stocks, saying their valuations
2023-05-10 12:47
Xi’s Latest Crackdown Snares Experts Hired by Hedge Funds, CEOs
Xi Jinping’s crackdown on perceived threats to national security is roiling the vast industry of consultants and researchers
2023-05-10 11:28
Exclusive-CICC Capital bans consulting firm Capvision after China crackdown-sources
By Julie Zhu HONG KONG CICC Capital, a unit of Chinese investment bank CICC, has decided to stop
2023-05-10 10:56
Chinese ChatGPT Rival Mobvoi Picks Banks for $300 Million Hong Kong IPO, Sources Say
Mobvoi, a Chinese artificial intelligence company and smart device maker, has selected banks for a Hong Kong initial
2023-05-10 09:50
India Renews Call for Chipmakers as Billionaire’s Effort Drags
India is set to revive its effort to lure prospective chipmakers into the country as projects already disclosed,
2023-05-10 08:55
Tempur Sealy seeks sales bounce with $4 billion deal for Mattress Firm
By Deborah Mary Sophia and Abigail Summerville (Reuters) -Tempur Sealy International Inc said on Tuesday it would buy retailer Mattress
2023-05-10 00:46
TurboTax is sending checks to 4.4 million customers as part of a $141 million settlement
Roughly 4.4 million people will soon receive checks from TurboTax, following a 50-state settlement accusing parent company Intuit for allegedly steering millions of low-income Americans away from free tax-filing services.
2023-05-09 22:49
Biden to meet with congressional leadership as threat of national debt default looms
President Joe Biden is set to meet with congressional leadership on Tuesday amid a stalemate in Washington to raise the debt ceiling and avoid a default that would have catastrophic economic consequences.
2023-05-09 20:25