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Embattled ZTE proposes $10.7 billion credit proposal, new board

HONG KONG (Reuters) - Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban......»»

Category: topSource: reutersJun 14th, 2018

Nan Ya to invest NT$8 billion to expand ABF substrate capacity

Nan Ya Printed Circuit Board has disclosed plans to invest a total of NT$8 billion (US$286.4 million) to expand production capacity for ABF substrates at its factory site in Shulin, northern Taiwan......»»

Category: topSource: digitimesMay 13th, 2021

Newsom proposes grants up to $25,000 for thousands more California businesses hit by COVID

Additional funds from federal aid would mean $4 billion total for sm.....»»

Category: topSource: latimesMay 13th, 2021

: Macy’s proposes $235 million NYC neighborhood upgrade and office tower addition to its flagship store

Macy's proposal includes improved transit access to the famed Herald Square location, known as the stage for the annual Thanksgiving parade......»»

Category: topSource: marketwatchMay 12th, 2021

Newsom promises additional $600 stimulus checks and $5 billion toward rental assistance

The proposal to deliver $8 billion in new cash payments to millions of Californians amid the COVID-19 pandemic is part of a $100-billion state budget that has swelled.....»»

Category: topSource: latimesMay 10th, 2021

Newsom promises additional $600 stimulus checks and $5 billion towards rental assistance

The proposal to deliver $8 billion in new cash payments to millions of Californians amid the COVID-19 pandemic is part of a $100-billion state budget that has swelled.....»»

Category: topSource: latimesMay 10th, 2021

: Square officially puts Jay-Z on board of directors after Tidal deal closes

Square Inc. disclosed late Friday that it has officially added Shawn Carter as a board member of the credit-card payments processing company after closing a deal with the music-streaming service Tidal......»»

Category: topSource: marketwatchMay 7th, 2021

Economic Report: U.S. consumer credit surges again in March

U.S. consumer credit rose $25.8 billion in March, the second straight month of strong gains, the Federal Reserve said Friday......»»

Category: topSource: marketwatchMay 7th, 2021

MER Telemanagement shareholders vote for board proposal

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: theflyonthewallMay 5th, 2021

Archegos Reportedly Files For Bankruptcy As Banks Scramble To Recoup $10 Billion In Losses

Archegos Reportedly Files For Bankruptcy As Banks Scramble To Recoup $10 Billion In Losses The other day, we learned that Credit Suisse, which was left on the hook for $5 billion after dumping blocks of s.....»»

Category: worldSource: nytMay 5th, 2021

$17.5 Million In Revenue And $5.4 Billion In Losses: Archegos Was A 300x-Levered Time Bomb For Credit Suisse

$17.5 Million In Revenue And $5.4 Billion In Losses: Archegos Was A 300x-Levered Time Bomb For Credit Suisse A bank's prime brokerage unit is supposed to be a safe, reliable and predictable generat.....»»

Category: blogSource: zerohedgeMay 4th, 2021

: Lilly board authorizes $5 billion more in buybacks

Eli Lilly and Co. LLY said Monday that its board authorized $5 billion in share repurchases while keeping the dividend unchanged. The drug maker said the new share buyback authorization, which h.....»»

Category: topSource: marketwatchMay 3rd, 2021

Credit Suisse Board Weighs Sacking One Of Its Own As Shareholders Revolt

Credit Suisse Board Weighs Sacking One Of Its Own As Shareholders Revolt.....»»

Category: blogSource: zerohedgeApr 29th, 2021

UFC parent Endeavor pops 19% in IPO debut, adds Elon Musk to board

"No matter how many Elon Musks it adds to its board, Endeavor's expected valuation of $10 billion is in nosebleed territory," New Constructs said. Jeff Bottari / Zuffa LLC / Getty Images UFC pare.....»»

Category: dealsSource: nytApr 29th, 2021

Credit Suisse board considers removing head of risk committee, FT reports

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: theflyonthewallApr 29th, 2021

What Biden"s new $1.8 trillion plan could mean for your education, from universal pre-K to free community college

President Joe Biden's American Families Plan proposes $200 billion for universal pre-K and.....»»

Category: topSource: businessinsiderApr 28th, 2021

HSBC beats expectations with 79% jump in Q1 pre-tax profit as cautious outlook prompts credit loss reversal

Europe's largest lender said profit-before-tax came in at $5.8 billion, beating the $3.4 billion expectation of analysts polled by the bank. REUTERS/ Bobby Yip HSBC posted a 79% jump in Q1 pre-tax profit that beat analyst expectati.....»»

Category: dealsSource: nytApr 27th, 2021

TSMC to expand capacity for 28nm process at China fab

TSMC's board of directors has approved a budget of about US$2.89 billion for installation of mature technology capacity, the pure-play foundry announced on April 22......»»

Category: topSource: digitimesApr 23rd, 2021

: Credit Suisse taps shareholders for cash as regulator investigates Archegos losses

Swiss bank Credit Suisse said on Thursday it would sell convertible notes to its current shareholders in a bid to raise nearly $2 billion of fresh capital......»»

Category: topSource: marketwatchApr 22nd, 2021

: Credit Suisse executives were grilled on Archegos losses. Here’s what they said.

So how exactly do you explain what's now estimated to be 5 billion francs ($5.5 billion) in charges from letting a client build up a massively leveraged position that ultimately couldn't be repaid?.....»»

Category: topSource: marketwatchApr 22nd, 2021

CN sends letter to Kansas City Southern board regarding "superior" proposal

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: theflyonthewallApr 22nd, 2021