What is a poison pill? How Twitter’s plan to block Elon Musk’s hostile takeover bid would workLast week, Twitter announced a “poison pill” plan in response to Tesla CEO Elon Musk’s offer […]
Author: Consultant
Musk says Twitter board will be paid nothing if he acquires the company
Musk says Twitter board will be paid nothing if he acquires the companyElon Musk said Monday that Twitter’s board of directors won’t be compensated for serving if he acquires the company.“Board salary […]
Asia stocks decline as investors react to mixed Chinese economic data
Asia stocks decline as investors react to mixed Chinese economic dataShares in Asia slipped in Monday morning trade.China saw a faster-than-expected GDP growth in the first quarter, data released by […]
China’s first quarter GDP beats expectations to grow 4.8% year-on-year
China’s first quarter GDP beats expectations to grow 4.8% year-on-yearBEIJING — China’s first quarter GDP grew faster than expected despite the impact of Covid lockdowns in parts of the country […]
Oil prices rise; weak OPEC production in focus
APRIL 18, 2022 Oil prices rise; weak OPEC production in focusOil prices moved higher in early Asian trade, with weak crude production from OPEC supporting prices, Oanda market analyst Ed Moya […]
Wells Fargo’s quarterly profit tops expectations as lower costs blunt hit from weak mortgage lending
Wells Fargo’s quarterly profit tops expectations as lower costs blunt hit from weak mortgage lendingWells Fargo & Co’s WFC-N +0.25%increase first-quarter profit dropped 21 per cent but beat Wall Street expectations on Thursday […]
Cogeco’s second-quarter profit rises 7.8% to $118.8-million on revenue boost
Cogeco’s second-quarter profit rises 7.8% to $118.8-million on revenue boostCogeco Inc. CGO-T -0.04%decrease says its net profit increased nearly eight per cent in its second quarter on a boost in revenues.The Montreal-based company […]
Goldman Sachs tops analyst estimates as trading desks crush expectations amid surging volatility
Goldman Sachs tops analyst estimates as trading desks crush expectations amid surging volatilityGoldman Sachs first-quarter earnings blew past expectations as its traders effectively navigated a surge in markets volatility from the […]
Citigroup tops earnings estimates on better-than-expected trading revenue
Citigroup tops earnings estimates on better-than-expected trading revenueHere are the numbers:$2.02 per diluted share vs $1.55 a share Refinitiv estimateRevenue: $19.19 billion vs $18.15 billion estimateHow big of a hit […]