Glencore investors have moved to force greater disclosure on its coal production plans, as the world’s most profitable miner of the fossil fuel faces questions over its climate impact. A group of shareholders including Legal & General Investment Management and HSBC Asset Management has filed a resolution calling for detail on the matter, which will … Read more
zimmytws SPAC Decarbonization Plus Acquisition Corp. IV (NASDAQ:DCRD) shareholders will vote on whether to approve its planned merger with Canadian oil and gas company Hammerhead Resources on Jan. 23. DCRD said that it expects the deal to close in February. The company had previously said it sees the combined company’s stock trading on Nasdaq under … Read more
Mizuho analyst Gregg Moskowitz reaffirmed a Neutral on Vmware, Inc (NYSE: VMW) with a $135 price target. VMW reported its partial 3Q results after the close, which were generally below expectations. Total revenue only grew 1% Y/Y, which came in well below the Street’s 5% growth forecast. Total billings growth of 4% Y/Y also missed Street estimates of +9% Y/Y, … Read more
Brendan Blumer, CEO of Block.one, which developed the EOSIO blockchain platform and EOS (EOS) coin, has purchased a stake in Silvergate Capital, the holding company for Silvergate Bank, a crypto-fiat gateway network designed for financial institutions, according to an SEC filing. That document, dated Nov. 23, listed Nov. 16 as the date of the transaction. … Read more
Digital World Acquisition Corp. (DWAC) stock spiked after early losses Tuesday, as shareholders of the special acquisition company approved a one-year deadline extension to take former President Donald Trump’s social media platform public. X During a shareholders meeting held Tuesday at 12 p.m., DWAC informed investors that more than the 65% needed to approve the … Read more
Article content TOKYO — Strategic Capital, Inc. (SC) is the manager of a fund that holds approximately 5.0% of Japan Securities Finance (JSF). Article content Since listing on the Tokyo Stocks Exchange (TSE), the Bank of Japan (BOJ), the Ministry of Finance (MOF) and the TSE have long been using JSF’s director and officer positions … Read more
Breadcrumb Trail Links Mining Commodities Terminations increase doubts about whether Rio will be successful in its attempt to buy the remaining shares of Turquoise The Rio Tinto logo is displayed on a visitor’s helmet at a borates mine in Boron, California. Photo by Patrick T. Fallon/Reuters files Article content Rio Tinto Ltd. terminated the side … Read more
SPAC 8i Acquisition 2 shareholders approve EUDA merger deal Source link
New York CNN — Phillips 66 is cutting at least 1,100 jobs by the end of this year as the refining giant seeks to slash costs and steer a larger chunk of its soaring profits to shareholders. At its investor day meeting in New York Wednesday, Phillips 66 detailed plans to slim down in a … Read more
The fears of Tesla (TSLA) – Get Free Report shareholders and fans are confirmed. Elon Musk, the CEO of the famous manufacturer of premium electric vehicles, is paying a hefty price for his acquisition of Twitter (TWTR) – Get Free Report. And unsurprisingly, Tesla is paying the price. The billionaire has just sold 19.5 million shares … Read more