Tag Archives: Fund

World Wrestling Entertainment (WWE) stock fell on Wednesday after briefly spiking amid a report that Saudi Arabia’s Public Investment Fund (PIF) fund was buying the company. A person familiar with the matter told Yahoo Finance it hasn’t sold itself to Saudi Arabia’s Public Investment Fund or another entity. Early reports on Wednesday, most prominently from DAZN’s Steven Muehlhausen, asserted that a deal to PIF was imminent. The original tweet was deleted. Matt Riddle enters the arena on a… Source link

A 2017 report by the Inspector General for the National Science Foundation also found ethics concerns and recommended that the foundation “take corrective actions to strengthen controls over IPA conflicts of interests, including reassess controls to ensure staff do not have access to awards and proposals for which they are conflicted.” In a statement, FAS said that “we have strict policies in place to ensure the integrity and independence of the process by mandating a firewall between… Source link

Energy stocks have room to go higher, even after a wild run this year, says one strategist. “They’re still cheap if you look at it on most metrics,” Tortoise portfolio manager Rob Thummel told Yahoo Finance Live this week. “The market is really rewarding companies that have positive earnings and free cash flow. That’s what this sector has,” said Thummel,” I still think there’s room for it to continue, even if oil prices stay the same, or even if they fall a little bit.” Thummel says… Source link

Early Friday morning, Binance CEO Changpeng Zhao said the company committed another $1 billion to its “relief fund” aimed at helping troubled businesses in the crypto industry. Binance’s efforts have been accelerated in the wake of FTX’s collapse earlier this month, which resulted in the company, once valued at $32 billion, filing for bankruptcy protection and leaving the crypto industry frozen in its wake. Earlier this month, Binance walked away from a purported deal to buy FTX. Binance’s… Source link

The entire team behind the FTX Future Fund, the Sam Bankman-Fried philanthropy, has resigned in the wake of FTX’s unraveling, leaving many grants unfunded. “We are now unable to perform our work or process grants, and we have fundamental questions about the legitimacy and integrity of the business operations that were funding the FTX Foundation and the Future Fund,” the team wrote in an open letter published online Thursday. “As a result, we resigned earlier today.” The FTX Future… Source link

(Bloomberg) — Goldman Sachs Group Inc. said investors should sell S&P 500 Index calls and fund buying of the same options on the Hang Seng China Enterprises Index to position for a likely catch-up in battered China-related assets. Most Read from Bloomberg “Sentiment on China-exposed assets has remained subdued this year and did not mirror the risk appetite rebound during the summer,” undershooting a measure of investor mood for global growth, strategists including Christian… Source link

Verition Fund Management LLC lifted its stake in Yandex (NASDAQ:YNDX – Get Rating) by 16.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,893 shares of the information services provider’s stock after purchasing an additional 1,657 shares during the quarter. Verition Fund Management LLC’s holdings in Yandex were worth $225,000 as of its most recent filing with the Securities and… Source link

New York State Common Retirement Fund trimmed its holdings in Yandex (NASDAQ:YNDX – Get Rating) by 82.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,076 shares of the information services provider’s stock after selling 9,944 shares during the quarter. New York State Common Retirement Fund’s holdings in Yandex were worth $39,000 at the end of the most recent reporting period. Several other… Source link

Lori Systems, an African on-demand logistics and trucking company digitizing haulage and providing shippers with solutions to manage their cargo and transporters, has raised a pre-Series B round in which Google participated along with other existing investors. Sources say the company raised at a slightly higher valuation than its last $110 million valuation in 2020.  This undisclosed investment is Google’s third from the $50 million Africa Investment Fund targeted at the… Source link

State of New Jersey Common Pension Fund D lowered its stake in shares of Yandex (NASDAQ:YNDX – Get Rating) by 20.3% during the first quarter, Holdings Channel.com reports. The firm owned 61,292 shares of the information services provider’s stock after selling 15,577 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Yandex were worth $1,161,000 as of its most recent SEC filing. A number of other institutional investors also… Source link