Elliott Management Corp, a hedge fund known for its high-profile shareholder-activist campaign, wants to join the Ceasing SPAC Craze. The firm, founded by billionaire Paul Singer, is meeting with bankers about raising …
Read More »Robinhood raises another $ 2.4 billion from shareholders
Robinhood has been flooded with demand for trading a handful of popular stocks over the past week. Photo: Tiffany Hagler-Geard / Bloomberg News Updated February 1, 2021 at 12:09 pm ET Robinhood …
Read More »Exxon, Chevron CEO Discusses Merger
Exxon Mobil Chief Officer Corp XOM -2.65% And chevron Corp CVX -4.29% The combination of oil giants was talked about after the epidemic last year shook the world, according to people familiar …
Read More »Exxon, Chevron CEO Discusses Merger
Exxon XOM Chief Officer -2.65% Mobil Corp and Chevron Corp CVX -4.29% Last year talked about a combination of oil giants, according to people familiar with the negotiations, to test for water …
Read More »Major AMC shareholder Silver Lake sells entire stake for $ 713 million
text size Private-equity firm Silver Lake, the second largest holder of the theater chain, converted the debt into 44.4 million AMC shares and sold all on 27 January. Angela Weiss / AFP …
Read More »How GameStop’s Reddit- and Option-Fuel Stock Rally Rallyed
A handful of companies such as GameStop Corp. GME 92.71% And blackberry Limited In recent weeks triple-digit gains have been made, part of a frenzy sparked by individual investors. Here you need …
Read More »When SPACs Attack! A new army is attacking Wall Street.
The hottest thing in finance is four letters long. One by former NBA star Shakeel O’Neill. So does former House Speaker Paul Ryan. The same goes for silver-haired hedge-fund billionaire William Ekman. …
Read More »Oil giant total boy’s stake in world’s largest solar developer
London-French energy giant Total SE said it would pay $ 2.5 billion for a 20% stake in the world’s largest solar developer, the latest move by an oil major to expand into …
Read More »Fiat Chrysler, PSA Group Build New Auto-Making Behemoth
Fiat Chrysler Automobiles NV and Peugeot-maker PSA Group strengthened their Trans-Atlantic merger on Saturday, forming Stellantis NV, a global auto-making giant, officials say need to compete in a rapidly changing industry is. …
Read More »GameStop Stock Source and Social-Media Traders Vijay Vijay
Individual investors who have recently played GameStop Corp. Compiled in, winning over the past two days, shares of the struggling company have been winning this week after rising more than 90%, putting …
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