| | Free popcorn for shareholders. Following more than 500 die-hard fans of his company's stock on Twitter. Retweeting a video of what appears to be an airplane flying a banner with the meme-stock rallying cry "AMC to the Moon" around Manhattan. | | | Exxon Mobil Corp (XOM.N) shareholders elected a third director nominated by hedge fund Engine No. 1 to the oil company's board, the company said on Wednesday, extending the firm's upset victory at one of America's top energy corporations. | | | Exxon Mobil Corp (XOM.N) Director Ursula Burns called environmental pressures and the successful activist campaign to gain board seats at the biggest U.S. oil producer a "tidal wave" in a speech on Wednesday. | | | JPMorgan Chase & Co (JPM.N) head of asset and wealth management Mary Callahan Erdoes said on Wednesday her division of the bank is looking into possible opportunities for add-on acquisitions. | | | Activist investor Elliott Management owns a large stake in Dropbox (DBX.O) and has been holding private discussions with the file-sharing service provider for some time, a source familiar with the matter said on Wednesday. | | | Investment firm Engine No. 1, which last week won at least two seats on Exxon Mobil Corp's (XOM.N) board, is planning to launch an exchange-traded fund that will focus on socially conscious investing, according to a regulatory filing. | | | 1/TANTRUMS WITHOUT TAPER | | | National Bank of Canada (NA.TO) beat analysts' second-quarter profit estimates on Friday, driven by higher earnings in its personal and commercial business and a large drop in funds set aside to cover potential loan losses. | | | Morgan Stanley (MS.N) is buying stakes put up for sale by its partner in their China securities and mutual funds joint ventures for about $150 million, according to a statement by the partner, moving towards full ownership of the businesses. | | | Safe-haven assets such as cash and gold funds drew investors during the week to Wednesday, BofA's fund flow statistics showed on Friday, a sign of growing concern over inflation and the potential roll back of central bank stimulus. | | | | |
No comments:
Post a Comment