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Goldman Sachs Confirms David Solomon To Succeed Lloyd Blankfein As CEO
Article By: The Fly
Tuesday, July 17, 2018 9:31 AM EDT
The Goldman Sachs Group has announced that Lloyd C. Blankfein will retire as Chairman and CEO and that the Board of Directors has appointed David M. Solomon to succeed him in both roles.
In this article: GS
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Bitshares Meeting New Milestones
Article By: Mitch Naumann
Tuesday, July 17, 2018 7:28 AM EDT
We issued a Buy rating on decentralized exchange Bitshares. Its value has almost doubled in the last 4 weeks while most other cryptocurrencies have been trending lower for the year.
In this article: BTS-X
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Johnson & Johnson Looks To Be In Trouble Amid Lawsuits
Article By: Leigh Drogen
Monday, July 16, 2018 3:48 PM EDT
Johnson & Johnson will release its FQ2’18 earnings report tomorrow, July 17th. Johnson & Johnson has recently been hit by a wave of various victim lawsuits.
In this article: JNJ
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Arconic Rises After Report Of Private Equity Interest
Article By: The Fly
Monday, July 16, 2018 3:06 PM EDT
Arconic rose about 10%, or $1.73, to $19.12 in morning trading.
In this article: ARNC Also: AA, APO, BA
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World's Largest Shipping Company Collapses As Trade War Reality Strikes
Article By: Tyler Durden
Monday, July 16, 2018 1:07 AM EDT
While US equity markets have remained resilient in the context of rising protectionist fears, the world's largest shipping company is seeing its stock tumble as investor anxiety over trade wars finds an outlet that makes rational sense.
In this article: AMKAF
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As Trump Lifts Sanctions On ZTE, Senate Restores Sanctions In A Defense Bill
Article By: Mish Shedlock
Sunday, July 15, 2018 6:46 PM EDT
On Friday, the US lifted sanctions on ZTE. But in an 85-10 vote, the Senate restored those sanctions in a defense bill. The fate of Chinese telecom giant ZTE is still unsettled even though Commerce Lifts Ban on U.S. Suppliers Selling to ZTE.
In this article: ZTCOF, ZTCOY
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Apollo, Other PE Firms Express Interest In Arconic
Article By: The Fly
Saturday, July 14, 2018 7:15 PM EDT
Arconic has received takeover interest from private-equity firms, including Apollo Global Management, the Wall Street Journal reports, citing people familiar with the matter.
In this article: APO, ARNC
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Week In Review: Tasly Biopharma Completes Pre-IPO Round At $1.9 Billion Valuation
Article By: ChinaBio® Today
Saturday, July 14, 2018 4:49 PM EDT
Tasly Biopharma (SHA: 600535) of Shanghai raised $84.5 million in new capital from a group of investors that included Ally Bridge. The funding is a pre-IPO round as Tasly is planning to list on the Hong Kong Exchange.
In this article: MRK, NVS, IBIO
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Boeing To Recognize $124M Charge Following Delaware Supreme Court Ruling
Article By: The Fly
Friday, July 13, 2018 8:34 PM EDT
The Boeing Company will recognize a charge to earnings to reflect a Delaware Supreme Court ruling that the company is not entitled to recover certain costs associated with the 2005 sale of production facilities in Wichita, KS to Spirit Aerosystems.
In this article: BA, SPR
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Dominion-SCANA Merger Receives FERC Approval
Article By: The Fly
Friday, July 13, 2018 3:10 PM EDT
The combination of the two companies "is consistent with the public interest and is authorized".
In this article: D, SCG
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Rio Tinto Signs Heads Of Agreement To Sell Interest In Grasberg Mine For $3.5B
Article By: The Fly
Thursday, July 12, 2018 9:36 AM EDT
Rio Tinto, PT Indonesia Asahan Aluminium, or Inalum, and Freeport McMoran have signed a non-binding agreement in relation to the future ownership of the Grasberg mine in Indonesia.
In this article: RIO, FCX
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21st Century Fox Boosts Offer For Sky To GBP 14 Or $32.5B
Article By: The Fly
Wednesday, July 11, 2018 6:40 AM EDT
21st Century Fox and the Independent Committee of Sky PLC announced that they have reached agreement on an increased recommended pre-conditional cash offer for the fully diluted share capital of Sky.
In this article: FOXA, SKYAY Also: DIS, CMCSA
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Tronox Says Ready To Demonstrate Pro-competitive Merits Of Cristal Deal
Article By: The Fly
Tuesday, July 10, 2018 4:08 PM EDT
Tronox Limited has received notice that the U.S. Federal Trade Commission has filed a complaint today against Tronox in the U.S. District Court in the District of Columbia.
In this article: TROX
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Stitch Fix Rises After Launching Stitch Fix Kids, KeyBanc Overweight Initiation
Article By: The Fly
Tuesday, July 10, 2018 2:17 PM EDT
On Monday, Stitch Fix announced the launch of its kids offering and allowed parents to sign up to request a Fix for their child.
In this article: SFIX Also: , UA, UAA, NKE
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America's Largest Auto Exporter To Move Some Production Out Of US, Blames Tariffs
Article By: Tyler Durden
Tuesday, July 10, 2018 1:04 PM EDT
One thing is certain, it did not take BMW long to make this change.
In this article: BMWYY
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Wynn Resorts Upgraded To Buy From Hold At Stifel
Article By: The Fly
Tuesday, July 10, 2018 11:12 AM EDT
Stifel analyst Steven Wieczynski believes the pullback in the stock recently has created a compelling opportunity.
In this article: SF, WYNN
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