Pershing Square Capital Management founder Bill Ackman said his new special-purpose acquisition company is the “investor-friendly SPAC in the world.” “What’s new in our structure is that it is the first SPAC where we are not receiving compensation: no management fees, incentive fees … we are not buying cheap stocks. …
Read More »UBS earnings Q2 2020
Sergio Ermotti, CEO of UBS Group Stefan Wermuth | Bloomberg | fake pictures UBS announced a net profit of $ 1.23 billion for the second quarter of 2020, below 11% from the same period last year ($ 1.4 billion) when the coronavirus pandemic weighed on earnings. Analysts surveyed by the …
Read More »Stock futures remain stable in overnight trading after strong tech rebound on Wall Street
An artist named Theodore Tsinias who wrapped himself next to the Charging Bull to show his attention to the behavior of the world in the midst of the Covid-19 pandemic in Lower Manhattan, New York City, United States, on May 25, 2020 . Tayfun Coskin | Anadolu Agency | fake …
Read More »The recovery faces critical weeks as Congress and states decide on unemployment benefits, the opening of schools and more pandemic aid.
Seven-year-old Hamza Haqqani, a second-grader at Al-Huda Academy, uses a computer to participate in an E-learning class with his teacher and classmates while at home on May 1, 2020 in Bartlett , Illinois. Scott Olson | fake pictures Last year at this time, many Americans were taking summer vacations, before …
Read More »Chevron CEO says Noble Energy deal offers ‘high-quality assets at a very fair price’
Chevron announced Monday that it will buy from independent oil and gas producer Noble Energy, in a move that Chevron CEO Michael Wirth said would be “good business” for shareholders of both companies. “These are high-quality assets at a very fair price,” Wirth said Monday on CNBC’s “Squawk on the …
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