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Fosun buys Thomas Cook brand for £11 million
Chinese conglomerate Fosun has snapped up the Thomas Cook brand for £11 million ($14.2 million), weeks after the renowned British travel group went bust and left hundreds of thousands of holidaymakers stranded abroad. .....»»
Thomas Cook shares sink on rescue deal
Thomas Cook shares took a dive after the struggling British package tour operator agreed the key commercial terms of a rescue package with Fosun Tourism, its banks and a majority of its bondholders. David Pollard reports......»»
Thomas Cook in talks with China"s Fosun over tour operator sale
China's Fosun Tourism has made a preliminary approach to Thomas Cook to buy its tour operator business, sending shares in the struggling British travel group higher......»»
Cathie Wood Buys Another $59M In Coinbase As Bitcoin Recovers, Entirely Cuts Apple Stake
Cathie Wood-led Ark Investment Management on Thursday snapped up 254,738 shares, worth about $59.46 million, in Coinbase Global Inc (NASDAQ: COIN) as the cryptocurrency exchange bounced back after a bullish call from analysts. read more.....»»
Cathie Wood Cuts Apple Stake By 30% And Buys Coinbase, DraftKings
Cathie Wood-led Ark Investment Management shed more shares of Apple Inc (NASDAQ: AAPL) on Monday, just days after halving its stake in the maker of iPhones and iPads, and snapped up shares of cryptocurrency exchange Coinbase Global Inc (NASDAQ: read more.....»»
Cathie Wood Buys Peloton, Coinbase Dips, Cuts Nvidia Stake
Cathie Wood-led Ark Investment Management on Monday snapped up shares of the exercise bike maker Peloton Interactive Inc (NASDAQ: PTON) amid weakness related to a U.S. read more.....»»
Cannabis Watch: Organigram shares gain as British American Tobacco buys 19.9% stake, to cooperate on CBD products
Organigram Holdings Inc.'s U.S.-listed shares were on track for a weekly gain of more than 50% Friday, after the Canadian cannabis company said it has received a C$221 million ($176.6 million) investment from a unit of British American Tobacco PLC......»»
Gilead buys more Arcus Biosciences stock, at a price above the record close
Arcus Biosciences Inc. disclosed Monday that Gilead Sciences Inc. boosted its stake in the oncology-focused biopharmaceutical company, through the purchase of $220.35 million worth of stock. Arcus shares were still inactive in pr.....»»
Warren Buffett"s Berkshire Hathaway Trims Apple Stake, Buys Into Kroger, Biogen
Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) trimmed its stake in Apple Inc. (NASDAQ: AAPL) by 37 million shares in the fourth quarter of 2019, acc read more.....»»
Deutsche Bank shares rally on Capital Group"s big stake
Shares in Deutsche Bank climbed over 5% in Frankfurt as the bank disclosed that U.S. fund manager Capital Group has taken a 3.1% stake, one of the larger.....»»
One Of Tesla"s Largest Investors Sold 99.5% Of Its Stake Before New Year"s Rally
The Public Investment Fund of Saudi Arabia sold almost all of its shares in Tesla Inc. (NASDAQ: TSLA) in the fourth quarter of 2019. 0 read more.....»»
Premier Oil shares rally on deals for oil assets from BP, Dana
Premier Oil shares jumped 13% in mid-morning London trade after reaching a deal to buy the assets in the central U.K. North Sea from BP in a $625 million deal as well as a 25% stake in the Tolmount area it opera.....»»
EasyJet Buys Thomas Cook Slots At Gatwick And Bristol
U.K.-based low-cost carrier EasyJet has staved off competition from rivals to acquire lucrative takeoff and landing slots at two U.K. airports. Suitors for the slots .....»»
EasyJet buys Thomas Cook airport slots at Gatwick and Bristol for $46 million
British budget airline easyJet has bought failed travel company Thomas Cook's take-off and landing slots at London Gatwick and Bristol airports for 36 million pounds ($46.13 million), it said on Friday......»»
Fosun Tourism to buy Thomas Cook, related hotel brands for $14.3 million
China's Fosun Tourism Group said on Friday it would acquire the Thomas Cook and related hotel brands for 11 million pounds ($14.25 million), in a bid to expand its presence in the tourism business......»»
If Warren Buffett Buys More Bank of America Shares, and Other Banks Too
If bank earnings are not a good enough story on a strong day, imagine the reaction to news reports that Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) want to buy a stake in or increase a........»»
Notable Insider Buys In The Past Week: Beacon Roofing, HD Supply, Scientific Games
Insider buying can be an encouraging signal for potential investors. Two building materials suppliers saw notable insider buying this past week. A chairman returned to add more shares to his stake as well. read more.....»»
Airline shares jump after Thomas Cook collapse
European stocks sank Monday after new economic data came in worse than expected, but airline and travel shares soared on hopes some firms will pick up business following the collapse of Thomas Cook. Julian Satterthwaite reports......»»
London Markets: Thomas Cook’s liquidation wipes out travel company worth £1.85 billion just 18 months ago
Thomas Cook shares were halted Monday as the travel company filed for liquidation, wiping out a company worth over £1 billion little more than a year ago......»»
Thomas Cook collapse boosts rival holiday companies, budget airlines
Thomas Cook's collapse boosted shares in TUI and budget airlines easyJet and Ryanair on Monday as investors pinned hopes on the tour operator's closure cutting capacity in the saturated European holiday market......»»