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Intel reduces stake in ASML to below 3 percent

Intel has reduced its stake in supplier ASML Holding to just below 3 percent, according to an update from the registry of the Netherlands' Authority for Financial Markets (AFM) on Friday......»»

Category: topSource: reutersOct 12th, 2018

Walmart to sell 80% stake in its Brazil business

Walmart Inc. is selling an 80 percent stake in its Brazilian operations to a global private equity firm as it reduces its presence in countries where it’s struggling.  .....»»

Category: topSource: usatodayJun 4th, 2018

Intel"s stake in supplier ASML falls below 3%, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 12th, 2018

Norway fund may have to offload $1 billion stake in Glencore in shift away from coal

Norway's $1 trillion sovereign wealth fund may have to sell its $1 billion stake in commodities giant Glencore, among other companies that derive more than 30 percent of their revenue from coal, to meet proposed tighter ethical investing rules......»»

Category: topSource: reutersJun 12th, 2019

Madison International buys slice of British developer

Madison International Realty has acquired a 3.12 percent stake .....»»

Category: realestateSource: realestateweeklyJun 5th, 2019

Nabis Holdings Acquires 49% Stake In Israel-Based Cannova Medical

Canadian cannabis investment company Nabis Holdings (OTC: INNPF) will acquire 49 percent of Israel-based Cannova Medical, with the option to buy the rest of the company. read more.....»»

Category: blogSource: benzingaJun 3rd, 2019

Hedge fund-owned MNG reduces stake in Gannett to 4.2%

Alden Global Capital's MNG Enterprises Inc., which launched a bid to acquire Gannett Co. in January, has reduced its stake in the company f.....»»

Category: topSource: usatodayMay 22nd, 2019

Amazon Invests In Food-Delivery Startup Deliveroo; Uber Shares Dip

Shares of Uber Technologies Inc (NYSE: UBER) dipped more than 2.5 percent Friday morning after Amazon.com, Inc. (NASDAQ: AMZN) bought a stake in U.K.-based food delivery company Deliveroo. read more.....»»

Category: blogSource: benzingaMay 17th, 2019

Billions at stake for NC exporters, importers as China trade war talks escalate

On Monday, Beijing made it very clear — almost 5,000 U.S. products will face as high as 25 percent increase in tariffs......»»

Category: topSource: bizjournalsMay 14th, 2019

Sources: China"s BAIC seeks to buy 5 percent Daimler stake

China's BAIC Group is seeking to buy a stake of up to 5 percent in Daimler as a way to secure its investment in Chinese Mercedes-Benz manufacturing company Beijing Benz Automotive, three sources familiar with the matter told Reuters......»»

Category: topSource: moneycentralMay 11th, 2019

Exclusive: China"s BAIC seeks to buy 5 percent Daimler stake - sources

China's BAIC Group is seeking to buy a stake of up to 5 percent in Daimler as a way to secure its investment in Chinese Mercedes-Benz manufacturing company Beijing Benz Automotive, three sources familiar with the matter told Reuters......»»

Category: topSource: reutersMay 11th, 2019

Analysts Weigh In On Intel Following Guidance Update

Intel Corporation (NASDAQ: INTC) shares dropped 5 percent Thursday after the company issued a cautious guidance update during a presentation to an.....»»

Category: blogSource: benzingaMay 9th, 2019

Intel shares drop, three-year outlook seen lagging rivals

Intel Corp shares declined 2.5 percent on Wednesday after executives forecast modest profit growth over the next three years, signaling it is likely to lag big rivals as the once-dominant chipmaker catches up in technology......»»

Category: topSource: reutersMay 8th, 2019

Intel shares sink as executives give three-year outlook

Intel Corp shares declined 2.5 percent after executives gave their three-year outlook at an investor day on the company's Santa Clara, California campus......»»

Category: topSource: reutersMay 8th, 2019

Netflix and Google now pay a typical employee more than $200K per year. Here"s how that compares to Facebook, Intel and Twitter

Netflix and Google employees are now in Silicon Valley's $200K club. The typical Googler earned $246,804 last year — up 25 percent year-over-year. At Netflix, the median employee made $202,335 last year after getting a 10 percent pay boost ove.....»»

Category: topSource: bizjournalsMay 8th, 2019

SoftBank Corp to buy $4 billion worth of new shares from Yahoo Japan

Japan's SoftBank Corp said on Wednesday it would buy 456.5 billion yen ($4.15 billion) worth of new shares to be issued by Yahoo Japan Corp, boosting its stake to 44.64 percent from 12.08 percent......»»

Category: topSource: reutersMay 8th, 2019

SoftBank Corp to spend $4 billion to up Yahoo Japan stake, sees profit rising 24 percent

Japanese telco SoftBank Corp said on Wednesday it would spend $4 billion to up its stake in Yahoo Japan and turn the internet company into a subsidiary, which would help boost its profit by 24 percent this year......»»

Category: topSource: reutersMay 8th, 2019

JPMorgan poised to be first foreigner to get majority in China fund venture

JPMorgan could become the first foreign company to own a majority stake in its Chinese mutual fund business, after its joint venture partner put a crucial 2 percent of the business up for sale that analysts expect the Wall Street bank to lap up......»»

Category: topSource: reutersMay 8th, 2019

UniCredit sells 17 percent stake in online broker FinecoBank

Italy's biggest bank UniCredit on Tuesday launched the sale of a 17 percent stake in online brokerage business FinecoBank as part of efforts to bolster the group's financial strength......»»

Category: topSource: reutersMay 7th, 2019

BofA Downgrades Mosaic, Cites Phosphate Pricing Pressure

The MWSPC phosphate plant in Saudi Arabia, in which Mosaic Co (NYSE: MOS) has a 25-percent stake, in.....»»

Category: blogSource: benzingaMay 2nd, 2019

Warren Buffett boosts stake in Delta Air Lines to nearly 11 percent

Warren Buffett, CEO of Berkshire Hathaway, has increased his stake in Delta Air Lines. Berkshire Hathaway's stake in Delta ticked up to nearly 11 percent in 2018 from 7.6 percent the prior year, according to a proxy statement filed Friday. Buffett'.....»»

Category: topSource: bizjournalsApr 29th, 2019