Inmarsat Plc rose as much as 12 percent after the British satellite company last week said it had rebuffed a takeover proposal from EchoStar Corp.
A “highly preliminary” offer was turned down by the board after discussions with its advisers, Inmarsat said in a statement on Friday. “It very significantly undervalued Inmarsat and its stand-alone prospects. The board remains....More>>>
Atlanta, GA, based Investment company Gmt Capital Corp buys Celanese Corp, Entegris Inc, Citigroup Inc, Teck Resources, Alphabet Inc, VMware Inc, Gran Tierra Energy Inc, Capital One Financial Corp, Coeur Mining Inc, Biogen Inc, sells Apollo Global Management LLC, KKR LP, Time Warner Inc, Sinclair Broadcast Group Inc, Willis Towers Watson PLC during the 3-months ended 2017-09-30, according to the....More>>>
April 18, 2018: Markets opened higher for a fifth straight session Wednesday but it’s been a bumpy ride ever since. All three major indexes dipped into the red and the Dow has not been able to recover to much more than right around the break-even line. The Fed Beige Book was released this afternoon but it held no surprises: people are worried about a trade war.
WTI crude oil for May....More>>>
Westerly, RI, based Investment company WASHINGTON TRUST Co buys Johnson Controls International PLC, The Priceline Group Inc, NextEra Energy Inc, , US Bancorp, TJX Inc, Costco Wholesale Corp, American Tower Corp, KLA-Tencor Corp, BB&T Corp, sells Varian Medical Systems Inc, B/E Aerospace Inc, Synchronoss Technologies Inc, Core Laboratories NV, Cognizant Technology Solutions Corp during the 3-months....More>>>
Canadian Prime Minister Justin Trudeau promised he would implement massive changes to Canada marijuana laws. And when he does, it will create a new and booming economy.
If Canada places a “sin tax” of 50% on recreational marijuana sales, the country could make $5 billion annually, according to a CIBC World Markets report.
Currently, only medical marijuana is legal....More>>>
If you don’t pay much attention to the financial sector, it’s easy to think that looking at the top few banks in the nation can tell you all you need to know about current conditions in the banking sector. But when you look at what’s happening at a more local level, you can get a much different viewpoint. Western Alliance Bancorporation (NYSE:WAL) is located in the economically....More>>>