Brookfield Asset Management reduced stake in Eagle Bulk Shipping Inc

© Reuters. Brookfield Asset Management reduced stake in Eagle Bulk Shipping Inc On the 6th of April, Brookfield Asset Management sold 76 thousand Eagle Bulk Shipping Inc (NASDAQ:) shares for $ 2.6 million at an average price of $ 34.87 per share. Shares of Eagle Bulk Shipping Inc are up 5.62% since the transaction. Brookfield […]

Continue Reading

Point72 Asset Management increased stake in Tricida, Inc.

© Reuters. Point72 Asset Management increased stake in Tricida, Inc. On the 23rd of March, Point72 Asset Management bought 1.3 million Tricida , Inc. (NASDAQ:) shares for $ 6.6 million at an average price of $ 5.01 per share. Shares of Tricida, Inc. are down -5.39% since the transaction. Point72 Asset Management’s holding in Tricida, […]

Continue Reading

Credit Suisse Asset Management suspends supply chain finance funds

© Reuters. FILE PHOTO: A logo of Credit Suisse is pictured on a building in Geneva (Reuters) – Credit Suisse (SIX:) Asset Management said on Monday that it has suspended redemptions from its supply chain finance funds. In a note to investors, the asset manager said that “a certain part of the subfunds’ assets is […]

Continue Reading

Brazil’s Petrobras executive management in talks on possible mass resignation – sources

By Sabrina Valle RIO DE JANEIRO (Reuters) – Petroleo Brasileiro SA’s executive management is considering resigning en masse after the Brazilian government decided to replace Chief Executive Roberto Castello Branco, three people close to the management said, asking not to be named as information is private. President Jair Bolsonaro earlier said he had decided to […]

Continue Reading

China issues draft rules on bank units’ sales of wealth management products

© Reuters. FILE PHOTO: A man rides an electric bike past the CBIRC building in Beijing BEIJING (Reuters) – China’s banking and insurance regulator issued draft guidelines on Friday on sales of wealth management products by commercial banks’ wealth management subsidiaries. China will allow such subsidaries to act as sales agents for wealth management products […]

Continue Reading

Tesla to replace Apartment Investment and Management in the S&P 500 Index

© Reuters. FILE PHOTO: The Tesla logo is seen at the entrance to Tesla Motors’ showroom in Manhattan’s Meatpacking District in New York City By Saqib Iqbal Ahmed NEW YORK (Reuters) -Apartment Investment and Management Co will be removed from the as of Dec. 21 to make room for the inclusion of Tesla (NASDAQ:) Inc, […]

Continue Reading

Point72 Asset Management increased stake in The Children’s Place, Inc.

© Reuters. Point72 Asset Management increased stake in The Children’s Place, Inc. On the 9th of September, Point72 Asset Management added 709 thousand The Children’s Place, Inc. (NASDAQ:) shares for $ 16 million at an average price of $ 22.97 per share. Shares of The Children’s Place, Inc. are up 31.08% since the transaction. Point72 […]

Continue Reading

Three big easyJet shareholders back management in dispute with Haji-Ioannou

© Reuters. FILE PHOTO: EasyJet planes parked at Luton airport after the airline grounded its entire fleet LONDON (Reuters) – Three investors in easyJet (L:) have thrown their weight behind the British budget airline’s management in a battle between management and the company’s founder and biggest shareholder Stelios Haji-Ioannou. The dispute is due to come […]

Continue Reading

United Airlines plans 30% cut to management ranks from October: company memo

© Reuters. FILE PHOTO: A United Airlines passenger jet takes off with New York City as a backdrop (Reuters) – United Airlines Holdings Inc (O:) has told employees that it expects its management and administrative ranks to be around 30% smaller starting in October, according to a company memo seen by Reuters. United is among […]

Continue Reading