Friday, 8 November 2019

Corporate America is quietly working to suppress the voices of small investors

Earlier this week, the US Securities and Exchange Commission took a significant step to curtail the power of small shareholders.
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Corporate America is quietly working to suppress the voices of small investors
Earlier this week, the US Securities and Exchange Commission took a significant step to curtail the power of small shareholders. Read more »
 
'I haven't agreed to anything': Trump throws cold water on China trade deal
President Donald Trump dealt a blow Friday to investors who were hoping the United States and China were inching closer toward a partial trade deal that would roll back billions in tariffs. Read more »
 
Elon Musk fires back at Tesla detractor: 'Allow us to send you a small gift of short shorts'
Elon Musk took shots at billionaire investor David Einhorn, one of Tesla's toughest critics, in a snarky tweet that offered sympathies for losses Einhorn's hedge fund sustained betting against Telsa. Read more »
 
The Gap is in trouble, and spinning off Old Navy could be a mistake
Gap outlined a plan to rescue itself in February, and Wall Street was firmly behind it: The company would spin off its popular Old Navy brand in 2020 and focus on its own struggling flagship, as well as its Banana Republic, Athleta and Hill City lines. Read more »
 
Slack continues to sink as analysts worry Microsoft will kill it
Slack may be ubiquitous in offices throughout Corporate America, but the company is facing a formidable challenge from a much larger rival. That has Wall Street analysts increasingly nervous about Slack's future. Read more »
 
GM sells its Lordstown plant to an electric pickup truck startup
A massive Lordstown, Ohio, auto assembly plant is getting a new lease on life. Read more »
 
 
 
 
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