NJ couple indicted in $2.3M Ponzi scheme used investor money to buy mansion
TRENTON, N.J. — A Middlesex County couple has been indicted by a state grand jury for allegedly orchestrating a Ponzi-style fraud that siphoned more than $2 million from investors through false promises…
TIM debates grid bids as investor Vivendi challenges strategy
By Elvira Pollina MILAN (Reuters) – Telecom Italia (TIM) directors will meet on Thursday to decide their response to multibillion bids for the phone company’s landline grid as top investor Vivendi calls…
Blackstone limits REIT investor redemptions again in April
By Chibuike Oguh NEW YORK (Reuters) – Blackstone Inc on Monday said it had again limited withdrawals from its $70 billion real estate income trust in April as investor redemption requests continued…
Lundin’s bid for Chilean copper hints at returning investor optimism
By Fabian Cambero and Divya Rajagopal SANTIAGO (Reuters) – Lundin Mining Corp’s bid for control of Chile’s Caserones copper mine comes despite ongoing uncertainty over potential policy changes to royalties and taxes,…
Euro zone investor morale improves in April
BERLIN (Reuters) – Investor morale in the euro zone improved in April after a surprise dip in March, in a resumption of improvements of recent months as the assessment of current conditions…
U.S. appeals court revives investor lawsuit against annuity company
By Jody Godoy (Reuters) – An insurance company owned by private equity firm Eldridge Industries must face a lawsuit claiming it misrepresented how much investors stood to gain on certain fixed annuities,…
Big investor in Credit Suisse bonds says ‘bail-in’ system worked
By Herbert Lash NEW YORK (Reuters) – One of the largest investors of the Credit Suisse bonds that were wiped out in the UBS takeover of the troubled Swiss bank still believes…
Vietnam seeks new investor incentives as cross-border tax rules loom
HANOI (Reuters) – Vietnam has set up a special panel to find ways to stay competitive for investors when new OECD cross-border tax rules take effect, its central bank said on Tuesday,…
German investor morale tumbles on bank concerns – ZEW
BERLIN (Reuters) – German investor sentiment tumbled in March as concerns about a new financial crisis ended a five-month streak of consecutive increases, the ZEW economic research institute said on Tuesday. The…
Australia’s biggest pension funds not doing enough on climate, activist investor says
SYDNEY (Reuters) – Australia’s five largest pension funds were not doing enough to push fossil fuel companies toward decarbonisation, activist investor group Market Forces said on Wednesday, arguing their environmental commitments could…
Factbox-Tesla investor day gives a rare look at executive bench
By Hyunjoo Jin SAN FRANCISCO (Reuters) – More than a dozen Tesla executives took the stage at the company’s Investor Day on Wednesday, a departure from its previous such events where Elon…
Factbox-Tesla CEO Musk to unveil Part 3 of Master Plan at Investor Day
By Akash Sriram and Hyunjoo Jin (Reuters) – Tesla Inc Chief Executive Elon Musk has promised to unveil the third part of his Master Plan on Wednesday, in which he has set…
Mexico’s Televisa reaches $95 million investor settlement over FIFA bribery role
By Jonathan Stempel NEW YORK (Reuters) – Grupo Televisa SAB has reached a $95 million settlement to resolve a U.S. investor lawsuit accusing the Mexican broadcaster of bribing FIFA soccer officials to…
Billionaire investor Jim Chanos says short on GE shares – CNBC
(Reuters) – Jim Chanos is short on General Electric Co, the billionaire investor said in a CNBC interview on Wednesday. Chanos added the company’s fair value was “way below” its current stock…
Inflation Stays Hot In January, Surging Past Investor Expectations
Inflation Stays Hot In January, Surging Past Investor Expectations John Hugh DeMastri on February 14, 2023 Inflation accelerated on a monthly basis in January, surging past investor expectations as prices continue to…
Investor Gerber to run for Tesla board, cites PR and service issues
By Ross Kerber (Reuters) – Well-known Tesla Inc investor Ross Gerber said on Friday he plans to notify the electric carmaker that he will run for its board of directors, citing problems…
German ministry to review sale of regional airport to Russian investor – source
FRANKFURT (Reuters) – Creditors of Frankfurt-Hahn airport in Germany have agreed to refer to the government a decision on whether a Russian billionaire named on a 2018 U.S. list of oligarchs can…
Euro zone investor morale rises for fourth month in a row
BERLIN (Reuters) – Investor morale in the euro zone improved for the fourth month in a row in February to reach its highest level since March 2022, but remained in negative territory…
Individual Who Portrayed Himself as Experienced Stock Trader Sentenced to 30 Months’ Imprisonment for Defrauding Investor
Gonzalo Ortiz was sentenced yesterday in federal court in Brooklyn by United States District Judge William F. Kuntz II, to 30 months in prison for defrauding an investor of nearly $600,000 by…
Investor Ryan Cohen takes stake in Nordstrom – WSJ
(Reuters) – Activist investor Ryan Cohen is racking up a sizable stake in Nordstrom Inc and plans to urge the department-store chain to make changes to its board after a decline in…
Bayer investor calls for swift replacement of CEO: newspaper
FRANKFURT (Reuters) – Bayer investor Deka has called for CEO Werner Baumann to be replaced ahead of his scheduled departure, adding to mounting pressure on the German drugmaker. “Bayer needs a new…
KKR sees long-term future with Springer, says investor Kravis
By Klaus Lauer BERLIN (Reuters) – Axel Springer’s major shareholder KKR sees itself as a long-term investor in the Berlin-based media company, U.S. investor and KKR founder Henry Kravis told Reuters on…
Investor group requests arbitration against Brazil’s Americanas and 3G Capital
By Carolina Pulice (Reuters) – A group of investors requested a collective arbitration against troubled Brazilian retailer Americanas SA and 3G Capital at the Brazilian stock exchange on Thursday, according to a…
BlackRock, World’s Largest Asset Manager And Woke Investor, Set For Major Layoffs: REPORT
BlackRock, World’s Largest Asset Manager And Woke Investor, Set For Major Layoffs: REPORT John Hugh DeMastri on January 11, 2023 BlackRock, the world’s largest asset manager and possibly the most high-profile of…
Activist investor Peltz kicks off battle for Disney board seat
(Reuters) – Nelson Peltz has launched a fight for a board seat at Walt Disney Co to help turnaround a company he says is “in crisis” due to failed succession planning, mounting…
Factbox-Activist investor Bluebell’s offensive against European giants heats up
(Reuters) – Activist hedge fund Bluebell Capital Partners shows no sign of halting its run of challenging the policies and executives of some of the world’s biggest companies. The group has taken…
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