Carl Ika sold half of his stake in Herbalife Nutrition Ltd. HLF 0.54% And Nutrition-Supplements is relinquishing its seats on the company’s board, and its long-held investment has strongly defended itself against the onslaught of rival activist investor William Ackman. Mr Ukah had sold about 600 600 million of the …
Read More »MGM wants access to the owner of Ledbrooks
MGM Resorts International MGM 1.03% British gaming company Antine ENT is seeking to buy -1.56% PLC, according to people familiar with the matter, in a recent move by the casino operator to double the red-hot amb online-gambling business. MGMA recently made an offer to buy the owner of the British …
Read More »How the American Mortgage Machine Works
Every family needs a home, and so many risks are created by a standard 30-year mortgage in America. Finding an investor to take every risk is the work of Rub Goldberg’s paradox, which is the US housing-finance industry. How it all fits together investors will one day be seen wandering …
Read More »Cleared Hurdle still leaves Tesla stock in Ludicross mode
Record quarter for Tesla TSLA 1.57% Not as fast as it sounds. Tesla announced Saturday morning that it delivered 180,570 cars worldwide in the fourth quarter, setting a new company record. That brings a total of 500,000 embarrassments by 2020, in line with the company’s latest guidelines. The company also …
Read More »NYSE 3 to list largest Chinese telecom to comply with Trump’s executive order
Last Updated: December 31, 2020 at 10:10 a.m. ET First published: December 31, 2020 at 10:07 a.m. ET China Mobile has been listed on the NYSE since 1997. AFP / Getty Images The New York Stock Exchange announced late Thursday that it has begun prosecuting three of the largest Chinese …
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