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Category: Capital


Capital, Finance Tech

Bank stocks have come to life recently. But Jim Cramer explains why the rally may not last

September 13, 2023

Via: CNBC

KeyCorp (KEY) reiterated its financials Tuesday, sending its shares higher — a rally that’s been seen in the wider financial sector recently. The stock, however, edged lower after Wednesday’s open on Wall Street. That’s because, according to Jim Cramer, investors […]


Capital, Finance Tech

American Airlines shares drop on early signs of weakening pricing power

July 20, 2023

Via: Investing.com

Shares of American Airlines (NASDAQ:AAL) fell on Thursday as its outlook for the second half of the year disappointed investors even as the company lifted its full-year profit forecast and posted higher-than-expected quarterly earnings. American forecast adjusted profit of $3.00 […]


Capital, Finance Tech

Some venture capitalists were probably a bit too hopeful about hitting fundraising goals this year

June 15, 2023

Via: Markets Insider

The writing was on the wall – was the venture capital industry not paying attention? Last year was especially brutal for venture-capital funding to US startups. Funding to startups overall was down 31% from 2021, PitchBook data shows. But what […]


Capital, Finance Tech

Microsoft’s $75 Billion Activision Deal Cleared by EU

May 15, 2023

Via: The Wall Street Journal

The European Union’s antitrust watchdog approved Microsoft’s MSFT 0.16%increase; green up pointing triangle planned $75 billion acquisition of Activision Blizzard ATVI 1.24%increase; green up pointing triangle, giving the two companies a win after the deal hit a regulatory roadblock in […]


Capital, Finance Tech

The banking crisis isn’t over. But how bad will it get?

May 4, 2023

Via: ABC News

Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers such as Jamie Dimon this week that the worst of the recent crisis is over and the health of the banking system remains strong. Bank shares […]


Capital, Finance Tech

Instructure’s first-quarter revenue climbs 13.6% as Canvas gains market share

May 2, 2023

Via: Education Dive

Canvas has consistently grown over the past 10 years, with the LMS now being used by more than one-third of higher education institutions in the U.S. and Canada, according to an annual analysis from market research and consulting firm Phil […]


Capital, Finance Tech

US banks are fretting over falling commercial real-estate valuations as higher interest rates and a credit squeeze bite, top executives say

April 25, 2023

Via: Markets Insider

US banks are getting increasingly stressed about tumbling commercial real-estate valuations and what that means for their balance sheets, top executives have said, per the Financial Times. Arkansas-based Bank OZK, with a sizable exposure to the sector, reported it had […]


Capital, Finance Tech

Bank Volatility to Slow U.S. Economic Growth, IMF Says

April 11, 2023

Via: The Wall Street Journal

Tighter bank lending prompted by the recent failure of two midsize American banks will slow U.S. economic growth this year, the International Monetary Fund estimated, warning that rising interest rates pose a threat to the global financial system. U.S. banks’ […]


Capital, Enterprise, Finance Tech, Industries

Jeep Maker Stellantis to Hand $4.5 Billion to Shareholders

February 22, 2023

Via: The Wall Street Journal

Stellantis STLA -3.64% NV is planning to distribute $4.47 billion in dividends to shareholders and buy back up to $1.60 billion worth of shares after revenue and net profit surged in 2022, a year marked by a steep rise in […]


Capital, Finance Tech

FIS shares slip after fintech group unveils planned Worldpay spin-off

February 13, 2023

Via: Investing.com

Financial technology firm FIS (NYSE:FIS) has announced that it will spin off its merchant solutions unit, undoing a multi-billion dollar purchase it made just four years ago, in a bid to enhance growth and returns for shareholders. In a statement […]


Capital, Enterprise, Finance Tech, Industries

Adani’s market losses top $100 billion as shelved share sale spooks investors

February 2, 2023

Via: Investing.com

Adani Group’s market losses swelled to more than $100 billion on Thursday, sparking worries about their potential systemic impact, a day after its flagship company abandoned a $2.5 billion stock offering. The withdrawal of Adani Enterprises’ share sale marks a […]


Capital, Finance Tech

Microsoft is reportedly in talks to pump in $10 billion into OpenAI — the owner of ChatGPT — valuing the company at $29 billion

January 10, 2023

Via: Markets Insider

Tech giant Microsoft is in talks to invest about $10 billion into OpenAI, the owner of the popular ChatGPT chatbot, per a Semafor report on Tuesday, which cited people familiar with the matter. The investment would value OpenAI at about […]


Capital, Finance Tech

Cantaloupe pays $41M to acquire Three Square Market

December 5, 2022

Via: Payments Dive

Cantaloupe provides digital payments and related software for self-service commerce, including all types of vending machines. The acquisition of 32M comes just months after Cantaloupe promoted its former chief operating officer, Ravi Venkatesan, to the CEO post in October, following […]


Capital, Finance Tech

Revelstoke Capital Partners Acquires Monte Nido & Affiliates, a Leading Provider of Eating Disorder Treatment Services

August 29, 2022

Via: Markets Insider

Revelstoke Capital Partners (“Revelstoke”), a Denver-based private equity firm focused on investing in healthcare services companies, today announced it has acquired Monte Nido & Affiliates (“Monte Nido” or the “Company”), an eating disorder treatment provider serving patients across the full […]


Capital, Finance Tech

Russian oil firm Lukoil acquires Spartak Moscow soccer club

August 22, 2022

Via: Investing.com

Russian oil firm Lukoil said on Monday it had purchased Russian Premier League club Spartak Moscow, as well as the Moscow stadium where it plays its home matches. Spartak is reeling from financial problems in the wake of Russia’s military […]


Capital, Finance Tech, Trading

Buffett’s firm buys more Apple, Amazon while betting on oil

August 16, 2022

Via: ABC News

Warren Buffett’s company bet more on high-tech darling Apple and e-commerce giant Amazon during the second quarter, while also investing billions in old-school oil producers Occidental Petroleum and Chevron. Berkshire Hathaway detailed all its second-quarter investments Monday in a new […]


Capital, Finance Tech, Trading

Elon Musk sells 7.92 million Tesla shares worth $6.88 billion

August 10, 2022

Via: NBC News

Tesla CEO Elon Musk sold 7.92 million shares of Tesla worth around $6.88 billion, according to a series of financial filings published Tuesday night. His transactions occurred between Aug. 5 and 9, the Securities and Exchange Commission filings revealed, following […]


Capital, Finance Tech

Euro Breaking News: German and EZ PMI’s Touch Contractionary Territory, Parity Resurgence?

July 22, 2022

Via: DailyFX

The euro began its descent today beginning with French PMI’s missing estimates followed by German data which often services as a barometer for the entire EU region. Unsurprisingly, EZ PMI’s followed suite (see economic calendar below), augmenting the weaker euro. Manufacturing and services fell across […]


Capital, Enterprise, Finance Tech, Industries

Twitter Didn’t Seek a Sale. Now Elon Musk Doesn’t Want to Buy. Cue Strange Legal Drama.

July 11, 2022

Via: The Wall Street Journal

Elon Musk’s showdown with Twitter Inc. has set the stage for what could become one of the most unusual courtroom battles in corporate-takeover history—a spurned acquisition target that never sought to be bought potentially trying to force the buyer who […]


Capital, Finance Tech

Hertz Global Gains on New $2 Billion Buyback Plan, Covering 31% of Market Cap

June 15, 2022

Via: Investing.com

Hertz Global (NASDAQ:HTZ) shares jumped 5% in pre-open trading Wednesday after the company announced that its Board of Directors approved a new $2 billion share repurchase program. The new repurchase program is in addition to the $0.2 billion remaining under […]