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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

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

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

Alibaba takes control of film group in $160 million share purchase

Alibaba Group Holding Ltd said on Monday it will increase its stake in Hong Kong-listed Alibaba Pictures to 51 percent, taking control of the film unit's board......»»

Category: topSource: reutersDec 9th, 2018

Altria invests $1.8 bln in Cronos

Marlboro cigarette maker, Altria Group, bought a 55-percent stake in Canadian cannabis producer Cronos for $1.8 billion. Fred Katayama reports......»»

Category: videoSource: reutersDec 7th, 2018

China"s BAIC stock sinks on report Daimler may raise joint venture stake

BAIC Motor Corp Ltd's shares slumped as much as 13.5 percent on Wednesday following a media report saying Germany's Daimler AG was considering increasing its stake in its joint venture with the Chinese automaker......»»

Category: topSource: reutersDec 5th, 2018

China"s BAIC sinks on report Daimler may raise stake in joint venture

BAIC Motor Corp's shares slumped 13.5 percent on Wednesday after Bloomberg reported that Germany's Daimler AG is considering increasing its stake in its joint venture with the Chinese company......»»

Category: topSource: reutersDec 4th, 2018

Trian reduces stake in Sysco to 5.45%

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: theflyonthewallNov 29th, 2018

Altria in talks to take minority stake in Juul: sources

Tobacco company Altria Group Inc is in talks to take a minority stake of 20 to 40 percent in e-cigarette maker Juul Labs Inc, people familiar with the matter said on Wednesday......»»

Category: topSource: reutersNov 28th, 2018

Elliott takes new stake in FirstEnergy, reduces NXP Semi stake in Q3

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: theflyonthewallNov 14th, 2018

Soros adds to Microsoft stake, reduces Spotify stake in Q3

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: theflyonthewallNov 14th, 2018

Value Act reduces stake in Armstrong World to 4.5%

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: theflyonthewallNov 13th, 2018

General Electric"s Liquidity Problem

General Electric Company (NYSE: GE) is having a rare green day Tuesday, gaining more than 12┬ápercent after the company announced a new strategic plan for its stake in Baker Hughes a GE Co (NYSE: BHGE.....»»

Category: blogSource: benzingaNov 13th, 2018

Dan Loeb"s Third Point takes friendly stake in AmEx

Activist investor Dan Loeb and his Third Point hedge fund is so bullish on American Express that it announced a stake and a projected 30 percent rally in the stock......»»

Category: videoSource: reutersNov 9th, 2018

Churchill Downs to spend at least $291M on majority stake in Chicago-area casino

Churchill Downs Inc. is making another big move in the casino business. The Louisville, Kentucky-based casino, gaming and racing company said it is acquiring 100 percent of the ownership stake held by Clairvest Group Inc. in Midwest Gaming Holdin.....»»

Category: topSource: bizjournalsNov 1st, 2018

Ex-JPMorgan CFO"s activist fund takes stake in Deutsche Bank

An activist hedge fund led by the former finance chief of JP Morgan Chase has taken a 3.1 percent stake in Deutsche Bank , saying it backed new CEO Christian Sewing's efforts to turn around Germany's biggest bank, but there was more to do......»»

Category: topSource: reutersNov 1st, 2018

Deutsche Bank draws activist investment from former JPMorgan finance chief: WSJ

Hudson Executive Capital LP has taken a stake of about 3.1 percent in Deutsche Bank , The Wall Street Journal reported on Thursday......»»

Category: topSource: reutersNov 1st, 2018

Intel reports record revenue, expects to hit $71B for the full year

Intel Corp. (Nasdaq: INTC) said it logged record revenue figures during its most recent quarter. The $19.2 billion marked a 19 percent year-over-year increase, the company said in releasing its financials Thursday afternoon. The company also said.....»»

Category: topSource: bizjournalsOct 25th, 2018

Pershing Square checks into Hilton again with new stake

Billionaire investor William Ackman has taken a stake in hotel operator Hilton Worldwide Holdings for the second time in two years after earning a 32 percent profit on his investment in 2017......»»

Category: topSource: reutersOct 25th, 2018

Bill Ackman"s Pershing Square buys Hilton stake

Activist investor William Ackman's Pershing Square Capital Management has acquired a 3.7 percent stake in hotel operator Hilton Worldwide Holdings, the fund said on Thursday......»»

Category: topSource: reutersOct 25th, 2018

Daimler, Geely form mobility services joint venture in China

German carmaker Daimler on Wednesday said it will form a premium ride-hailing joint venture in China together with Geely Group, the first such step since Geely chairman Li Shufu took a 9.69 percent stake in the German carmaker......»»

Category: topSource: reutersOct 24th, 2018