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51-60 results from 1000 for query «investor»

July 19, 2018 2:16 AM Billionaire James Packer quits 22 boards, deepens corporate withdrawal

SYDNEY (Reuters) - Billionaire James Packer has resigned 22 Australian company directorships in the last few weeks and no longer holds any board seat in his home country, corporate records show, signaling his almost full retreat from public business life. The major shareholder of casino operator Crown Resorts Ltd (CWN.AX) cited mental illness as the reason 60

July 18, 2018 2:58 PM Alibaba to buy minority stake in Focus Media to tap digital marketing

HONG KONG (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd (BABA.N) on Wednesday said it has agreed to acquire a minority stake in China’s Focus Media Information Technology Co Ltd (002027.SZ) to tap into the digital marketing sector. Alibaba will acquire about 6.62 percent in Focus Media for 9.63 billion yuan ($93.8 million) and possibly 52

July 16, 2018 5:52 PM Whirlpool Wanted Washer Tariffs. It Wasn’t Ready for a Trade Showdown

Trade barriers can ricochet through an economy in ways even proponents don’t expect, as shown by washers, among the first consumer products targeted by the Trump administration CLYDE, Ohio—After the Trump administration announced new tariffs on imported washing machines in January, Marc Bitzer, the chief executive of Whirlpool Corp., celebrated his win over South 166

July 11, 2018 3:21 AM Lakers' LeBron James a no-show at pizza party celebrating L.A. arrival

CULVER CITY, Calif. -- Hundreds of fans hoping to see new Los Angeles Lakers player LeBron James on Tuesday had to make do with free pizza instead. James was a no-show at the Blaze Pizza outlet in Culver City, California. The NBA superstar tweeted a day earlier about a "pizza party" at the location and fans hoped it was a hint that he might attend 45

July 5, 2018 12:28 PM Glencore Looks to Shore Up Investor Confidence With Buyback

Move to repurchase $1 billion in shares comes days after news about U.S. subpoena Glencore PLC said Thursday it would purchase $1 billion in stock from investors, launching the buyback just days after disclosing it had received a subpoena from the U.S. Department of Justice. Glencore’s shares fell as much as 12% Tuesday after it said the Justice Department 40

June 29, 2018 2:03 PM Xiaomi Prices Hong Kong IPO at Bottom of Target Range

Some potential investors never embraced the company’s narrative that Xiaomi is an internet firm HONG KONG—Chinese smartphone maker Xiaomi Corp. priced a $4.7 billion initial public offering at the bottom of its target range, people familiar with the matter said, pulling off one of 2018’s largest IPOs despite investor skepticism about its growth prospects 53

June 29, 2018 2:51 AM Trump says SoftBank Son's U.S. investment hitting $72 billion

MT. PLEASANT, Wis. - U.S. President Donald Trump said on Thursday SoftBank Group Corp (9984.T) Chief Executive Masayoshi Son is increasing his investment in the United States to $72 billion, significantly more than the $50 billion he had previously pledged. “His $50 billion turned out to be $72 billion so far, he’s not finished yet,” Trump said, without 240

June 27, 2018 4:42 PM Madoff trustee defeats U.S. appeals court challenge to his authority

NEW YORK (Reuters) - A federal appeals court on Wednesday blocked new litigation against the estate of a Florida investor accused of helping Bernard Madoff commit fraud, after the estate had reached a $7.2 billion settlement to benefit Madoff’s customers. The decision by the 2nd U.S. Circuit Court of Appeals in Manhattan is a victory for Irving Picard 56

June 21, 2018 1:03 PM Investor Odey says Sky could be worth as much as 50 billion pounds

LONDON (Reuters) - Top-20 Sky (SKYB.L) investor Crispin Odey said he expects the bidding war for the media company to carry on over the summer and that the European broadcaster could be worth as much as 50 billion pounds ($65.5 billion). The pay-TV operator is the subject of rival bids from U.S. peer Comcast Corp (CMCSA.O) and Rupert Murdoch-majority 64

June 19, 2018 9:30 PM PayPal Agrees to Buy Payments Firm Hyperwallet for $400 Million

PayPal PYPL -1.55% Holdings Inc. said Tuesday it agreed to acquire financial-technology company Hyperwallet Systems Inc. for about $400 million, a deal that augments its offerings to businesses for managing and processing their online and mobile payments. Founded in 2000, Hyperwallet helps individuals and small firms receive payments for goods and services 56