Tag Archives: looming

Salesforce-Elliott Management tensions heat up with looming board nominations

Salesforce-Elliott Management tensions heat up with looming board nominations

Activist investor Elliott Management, which recently took a multi-billion dollar position in Salesforce (CRM), is looking for a major overhaul of the company’s board, a person familiar with the matter tells Yahoo Finance. The source said that Elliott may put forth numerous candidates to join the Salesforce board ahead of the nominating window opening on Feb. 12, adding that Elliott is focused on nominating high quality candidates with diversity in mind. Elliott could be eyeing the removal of… Source link

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Huge Sanctions Are Looming for the Fuel That Powers the World

Huge Sanctions Are Looming for the Fuel That Powers the World

(Bloomberg) — Most Read from Bloomberg An unprecedented chunk of the global diesel market, the workhorse fuel of the global economy, is just weeks away from being subject to aggressive sanctions. From Feb. 5, the European Union, the G-7 and its allies will attempt to impose a cap on the price of Russia’s fuel exports — the latest punishment for its invasion of Ukraine. That will coincide with an EU prohibition on almost all imports of Russian oil products. Similar measures are already in… Source link

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Here Is a Silver Lining for The Looming Stock Market Crash

Here Is a Silver Lining for The Looming Stock Market Crash

The breakdown in S&P 500 with spike of volume on 13 June 2022 followed by a weak rally up after the Fed’s FOMC pointed to the bearish scenario. The current market development is similar to the global financial crisis in 2008 in terms of both price structure and the market rotation sequence as explained in the video at the bottom of this post. Using Wyckoff Method to Spot the Silver Lining After a more than 10% drop in 6 trading sessions, S&P 500 is right at a vulnerable spot where a stock… Source link

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Analysts say looming battle for Donbas will prove decisive in Russia’s war on Ukraine

Analysts say looming battle for Donbas will prove decisive in Russia’s war on Ukraine

WASHINGTON — Stung by the strength of the Ukrainian resistance, Russia is looking to launch a major offensive under more favorable conditions after attempts to take Kyiv and other major cities have floundered. The new offensive will focus on the Donbas region, a contested swath of eastern Ukraine that includes two breakaway regions controlled by Moscow. “They want to achieve some physical, tangible objectives in the Donbas within the next couple of weeks,” a senior Pentagon official Source link

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How CEOs received Biden’s ‘very clear message’ on a looming Russian cyberattack

After weeks of relative silence on the issue, President Joe Biden issued a stark warning to CEOs Monday: Moscow is exploring cyberattacks, they could come soon, and businesses need to do more to prepare. “The president delivered a very clear message, which is, every company needs to be hardening its cyber defenses,” National Economic Council Director Brian Deese told Yahoo Finance. “And I think it was well-received in part because we’ve been working with the private sector for months… Source link

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Google and Apple’s next regulatory headaches are looming across the Pacific

Apple’s commissions, for example, go as high as 30% on some purchases made through the company’s platform — and developers say they have little choice but to comply, since Apple does not allow customers to download apps from any source other than the company’s official store. Legislators have been reviewing an amendment to the Telecommunications Business Act, which would ban app store operators from “unfairly using their market position to force a certain manner of payment” upon businesses…. Source link

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Bitcoin Drops Ahead of Looming ‘Death Cross’

Bitcoin declined about 5% over the past 24-hours as the price broke below $36,000 support. The world’s largest cryptocurrency by market capitalization is still up about 23% year-to-date, although some traders are concerned about the looming ‘death cross,’ which could indicate a shift from a bullish to bearish price trend. The death-cross is defined by a cross of the 50-day moving average below the 200-day moving average, which could occur over the weekend. Still, some analysts remain… Source link

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