Miami, Florida – Fifty-four-year-old West Palm Beach, Florida resident Salvatore Renaldi has been sentenced in South Florida federal district court to 42 months in federal prison for orchestrating and running…
(Reuters) – German meal-kit maker HelloFresh reported better-than-expected first-quarter revenues and core earnings, sending its shares soaring and easing investor worries about its full-year guidance. In preliminary results just before…
SAN FRANCISCO – Japheth Dillman was arrested today in connection with an alleged scheme to defraud victims into investing in a San Francisco-based cryptocurrency trading fund, announced U.S. Attorney Stephanie…
By Nivedita Balu (Reuters) – Apple Inc investors have for years cheered investments to expand its supply chain to meet feverish global demand for iPhone and MacBooks. Now, the question…
(Reuters) – Alta Fox Capital Management LLC is seeking to oust Hasbro Inc’s chairman and two other directors, as the activist investor pushes for changes at the toymaker including a…
ROME – Italy’s Benetton family, a shareholder in insurer Generali, has decided to vote for the slate of candidates submitted by a challenger investor and not in favour of current…
FRANKFURT – U.S. investor Capital Group sold most of its 5.2% stake in Deutsche Bank, according to a disclosure on Thursday. The filing makes official the name of the seller,…
BERLIN – German investor sentiment fell by less than expected in April, a survey showed on Tuesday, as a decline in inflation expectations gave some cause for hope about the…
ZURICH – German logistics entrepreneur Klaus-Michael Kuehne has increased his stake in Germany’s flag carrier Lufthansa to 10%, Kuehne Holding AG said in a statement on Monday. Kuehne, 84, had…
BERLIN – Investor morale in the euro zone fell to its lowest level in nearly two years in April, a survey showed on Monday, pointing to the beginning of a…
LACEY TOWNSHIP, NJ – The infamous “Help Desk” scam claimed a victim in Lacey Township last week. Police here said a resident was scammed by the help desk caller who…
By Svea Herbst-Bayliss BOSTON -Billionaire investor Richard (Ric) Kayne is seeking two board seats at Athira Pharma, arguing the biotech company needs a new chief executive officer to successfully guide…
MILAN – A strategic plan for Generali backed by rebel shareholder Francesco Gaetano Caltagirone goes in the right direction by setting up the company for growth, another of the top…
TOKYO – Singapore-based fund 3D Investment Partners is pleased that shareholders of Toshiba Corp rejected the Japanese conglomerate’s separation plan, the fund said on Friday. In a statement, the fund…
NEW YORK – Well-known value investor Michael Price, who ran the firm MFP Investors has died, the firm said in a statement on Tuesday. He was 70. Price died on…
By Stefano Bernabei ROME – A leading Generali shareholder on Tuesday proposed naming the Italian insurer’s head of Austria as its new chief executive, in a challenge to the reappointment…
By Stefano Bernabei and Gianluca Semeraro ROME – Generali’s second-biggest investor, construction tycoon Francesco Gaetano Caltagirone, plans to put forward his own candidate to lead Italy’s biggest insurer, challenging the…
By Simon Jessop and Brenna Hughes Neghaiwi LONDON/ZURICH – Investors managing $2.4 trillion are calling on Credit Suisse to take tougher climate action, including cutting its exposure to fossil fuel…
FRANKFURT – Investor morale in the euro zone plunged in March in the wake of the Russian invasion of Ukraine and its implications for the global economy, a survey showed…
MISSOULA — A Whitefish man who admitted to defrauding a Montana investor of $2.3 million by falsely claiming to be a former Force Recon Marine and CIA operative who needed…
– Canadian pot producer HEXO Corp said on Tuesday it would refresh its board, effective immediately, as part of a deal with activist shareholder Adam Arviv and his fund, Kaos…
By Valentina Za, Pamela Barbaglia and Elisa Anzolin MILAN – Oaktree has hired Morgan Stanley to sell a stake in Banca Progetto in a deal that could value the challenger…
LONDON – Investors have ramped up their underweight tech position to its largest in more than 15 years as central bank tightening remained the top risk to global markets in…
Miami, Florida – Yesterday, a federal district judge in Fort Lauderdale sentenced Isaac Grossman, 47, of Parkland, Florida, to 87 months in federal prison for directing an elder fraud scheme…
FRANKFURT – Hopes for more clarity around a possible listing of Volkswagen’s luxury Porsche AG division lifted shares in Europe’s largest carmaker and its top shareholder on Wednesday, traders said.…