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Hotel Exec Stewart W. Bainum Jr. Seeks To Buy Tribune Publishing

A deal that would have resulted in a $630 million sale of Tribune Publishing Company (NASDAQ: TPCO) has reportedly hit a snag as a new prospective buyer has made his interest known in the company. read more.....»»

Category: blogSource: benzingaMar 16th, 2021

: Novavax stock rallies on COVID-19 vaccine study results

Novavax Inc. NVAX shares rallied in the extended session Thursday after the biotech drug maker said studies show its COVID-19 vaccine is highly effective. Novavax shares surged 17% after hours,.....»»

Category: topSource: marketwatchMar 11th, 2021

Coinbase CEO To Make Million Dollars Per Day For Decade After IPO

Coinbase CEO To Make Million Dollars Per Day For Decade After IPO Bitcoin's explosive price surge action in recent weeks has pushed the market cap over $1 trillion (currently $912 billio.....»»

Category: worldSource: nytMar 7th, 2021

ROCE Insights For Novavax

Novavax (NASDAQ:NVAX) reported Q4 sales of $276.66 million. Earnings fell to a loss of $182.85 million, resulting in a 5.72% decrease from last quarter. In Q3, Novavax brought in $157.02 million in sales but lost $193.94 million in earnings. read more.....»»

Category: blogSource: benzingaMar 2nd, 2021

Billionaire investor Bill Gross made $10 million betting against GameStop - after he was down $15 million at one point

"I was losing millions of dollars and that's not a good feeling when you go to bed," the Pi.....»»

Category: worldSource: nytFeb 19th, 2021

The Wall Street Journal: One big winner in the GameStop frenzy: This hedge fund that made $700 million

The GameStop surge is often cast as a triumph of amateurs over professionals. Which it was, to a degree. But it also was a trade that pitted professionals against other professionals......»»

Category: topSource: marketwatchFeb 3rd, 2021

Stocks Surge On Soaring Unemployment For 4th Week In A Row

Stocks Surge On Soaring Unemployment For 4th Week In A Row S&P is up 255.4 point cumulatively each Thursday in the past 4 weeks; over the same period we have lost 22.03 million jobs. .....»»

Category: blogSource: zerohedgeApr 16th, 2020

Billionaire investor Bill Ackman posted an 11% gain in March after turning $27 million into $2.6 billion with coronavirus bets

REUTERS/Shannon Stapleton Bill Ackman's Pershing Square made an 11.1% net g.....»»

Category: topSource: businessinsiderApr 2nd, 2020

Economic Preview: Jobless claims set to soar by the millions as layoffs surge due to coronavirus shutdowns

Several million Americans have already been laid off or furloughed because of the coronavirus crisis — and millions more may lose their jobs in the weeks ahead......»»

Category: topSource: marketwatchMar 25th, 2020

Face-mask maker’s 400% rally spurs huge insider share sales

Alpha Pro Tech Ltd.’s head of Investor Relations—the widow of a former chairman—took advantage of the company’s more than 400% surge this year to sell $13.6 million in stock. Donna Millar, who has... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 6th, 2020

Novavax capitalizing on stock bump following coronavirus vaccine news

Novavax Inc. is already cashing in on its stock spike after announcing plans to develop a vaccine for the COVID-19 coronavirus. The Gaithersburg biotech has raked in $98.7 million in net proceeds this quarter from selling 10.5 million shares of comm.....»»

Category: topSource: bizjournalsMar 2nd, 2020

Market Extra: The hedge-fund investor who has beaten Warren Buffett by 200x likely made a killing on Tesla

Renaissance Technologies, added more than 3 million shares of Tesla to its holdings in the fourth quarter of last year, as the electric-vehicle maker’s shares catapulted higher, according to public filings......»»

Category: topSource: marketwatchFeb 18th, 2020

Carlos Ghosn"s wealth and power made it "easy for him to flee" Japan, prosecutors say. Meet Nissan"s disgraced former chairman, who reportedly escaped to Lebanon by stowing away in a box for musical instruments.

AP Photo/Francois Mori Carlos Ghosn, 64, amassed a $120 million net worth while he was the head ranking official at the Nissan-Renaul.....»»

Category: topSource: businessinsiderJan 6th, 2020

Manchester United reportedly pulled out of a $24 million deal for one of Europe"s hottest young strikers because it didn"t want to give his father and agent a cut in his future sale

Getty/Markus Tobisch Manchester United missed out on the signing of Erling Braut Haaland because of monetary demands made by his father and agent, according to The Guardian. The 19-year-old joined Borussia Dort.....»»

Category: topSource: businessinsiderDec 30th, 2019

Warren Buffett paid out $60 million after the Red Sox won the World Series in 2007

Warren Buffett took a $60 million hit after the Red Sox won the World Series in 2007, according to the Boston Globe. The famed investor's Berkshire Hathaway conglomerate made the payout after insuring a promotion by one o.....»»

Category: topSource: businessinsiderDec 14th, 2019

Warren Buffett took a $60 million hit after the Red Sox won the World Series in 2007

Warren Buffett took a $60 million hit after the Red Sox won the World Series in 2007, according to the Boston Globe. The famed investor's Berkshire Hathaway conglomerate made the payout after insuring a promotion by one o.....»»

Category: topSource: businessinsiderDec 9th, 2019

Longtime biotech investor injects $250M into Palo Alto company a year after IPO

Eye drug developer Kodiak Sciences Inc. lined up a royalty rights deal with longtime biotech investor Baker Bros. Advisors LP for $225 million and the promise of another $25 million in the Palo Alto company's next stock raise. The competitively bid deal .....»»

Category: topSource: bizjournalsDec 2nd, 2019

One cryptocurrency investor reportedly lost $24 million worth of bitcoin in a SIM swap attack

Reuters Crypto investor Micha.....»»

Category: topSource: businessinsiderNov 11th, 2019

Investor who made offensive sexual comments at summit loses $600 million contract in backlash

A Michigan government official called Ken Fisher's comments “completely unacceptable.".....»»

Category: topSource: washpostOct 11th, 2019

State-Owned French Bank Joins Bitcoin Startup’s $8 Million Series A

Lightning-focused bitcoin startup ACINQ added an interesting investor to its cap table: Bpifrance, a state-owned bank that just made its first crypto investment......»»

Category: forexSource: coindeskOct 8th, 2019