German payments startup Wirecard said on Monday that around $US2 billion in cash missing from its balance sheet likely does not exist. Wirecard’s shares plunged as much as 46%, and it withdrew its full-year-2019 and first-quarter-2020 results. Chief executive Markus Braun quit on Friday, capping a disastrous week for the […]
Hertz is looking to raise $US1 billion in a share sale after its bankruptcy, the Wall Street Journal reported Thursday. The car rental company is requesting a bankruptcy judge to approve a deal with Jefferies LLC that would allow it to potentially sell 246.8 million unissued shares. The stock had […]
Snap CEO Evan Spiegel sold $US50 million of Snap stock on Monday. The SEC filing for the the transaction carried a note that Spiegel followed a trading plan designed to allow sellers to avoid accusations of insider trading. Snap had a comeback in 2019 following a harrowing 2018. Visit Business […]
Apple CEO Tim Cook donated $US2 million of Apple shares to an unnamed charity just after Christmas. The donation was revealed in an SEC filing. Cook has made large donations to unnamed charities in the past. Visit Business Insider’s homepage for more stories. Apple CEO Tim Cook has made a […]
Mark Zuckerberg has sold almost 1.6 million Facebook shares so far this month, at a value of $US296 million, CNBC reports. He’s sold a total of 2.9 million shares in 2019, equivalent to $US526 million. Zuckerberg said in 2017 he planned to sell between 35 and 75 million Facebook shares […]
On Thursday, Chinese e-commerce site Pinduoduo raised $US1.6 billion in its initial public offering. The site, which features remarkably low-priced products, has become popular with Chinese users. However, The New York Times recently discovered that numerous products listed on Pinduoduo’s website were of poor quality. In three short years, e-commerce […]
In March, The Guardian broke a story involving Facebook and data analytics company Cambridge Analytica. In the days following, Facebook stock plummeted. Some thought the scandal could be one the social network would be hard pressed to rebound from, but as this chart from Statista shows, Facebook is back to […]
Rob Walton has sold shares from his family...
LONDON -- Shares in DFS, one of the UK's...
Luxury fashion brand Mulberry saw profits jump...
JC Penney’s stock is trading at its lowest point in history. The company is currently worth less than it was when it started trading nearly 40 years ago. JCP announced earlier this year that it’s closing 138 stores in 2017, which marks a trend for many retailers as of late.
VIDEO: Airdrop is nifty and underutilized feature unique to Apple devices. It allows you to quickly transfer files, photos, videos, etc. between different apple devices like you iPhone, Mac, and iPad. Here's how it works.
LONDON -- Shares in aerospace firm Cobham...
LONDON -- The chairman of one of Britain's...
VIDEO: The founder of Chobani, Hamdi Ulukaya, is known for his charitable behaviour.
Rolls-Royce's fortunes might finally be turning...
In another sign of just how hard the UK's big...
VIDEO: Airdrop is nifty and underutilized feature unique to Apple devices. It allows you to quickly transfer files, photos, videos, etc. between different apple devices like you iPhone, Mac, and iPad. Here's how it works.
TalkTalk shares are starting to recover this...
TalkTalk's hacking nightmare is hitting its...
Samsung had an awesome day in Korea's stock...
As expected.
These hypotheticals will make you cringe.
No such thing as bad publicity?
[credit provider=”YouTube”] There’s no denying the power of a viral video. The Dollar Shave Club is now a legendary example. The company, which sells $1 razors, made a low-budget video that went so viral it crashed the company’s website almost immediately after its released. Currently with more than 9.6 million views, the […]
[credit provider=”Spencer Platt / Getty Images ” url=”http://www.gettyimages.com/detail/news-photo/traders-work-on-the-floor-of-the-new-york-stock-exchange-at-news-photo/149590187#”] Investors should be wary of believing market adages warns one financial adviser.1. “Never Confuse Brains with a Bull Market”
[credit provider=””>DieselDemon via Flickr”] As 187 million plus users flock to LinkedIn, major companies are experimenting with ways to engage job seekers on the social media site.LinkedIn provided BI with a list of 10 most-liked posts from major brands in Q4 2012.
Rarely does a week go by for me without experiencing yet another conversation with an entrepreneur or cofounder team addressing the question of how to divide up ownership of their startup business. Rather than just spew advice, I begin by probing with a few questions. How many of you cofounders are there? […]
After Yelp announced a deal Monday to put its business listings in Apple’s new mobile maps, we started wondering why the stock had spiked over the previous week.
[credit provider=”BI Illustration”] UPDATE: The original stories were wrong, and based on some fundamental misunderstandings of how venture capital works. Glenn Peoples at Billboard.biz explains that Bono will be lucky if he made $10 million from the sale. That’s million with an “m.”
[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:White_van_speaker_scam_Jeep_in_Miami,_Florida.jpg”] If you are like the majority of Americans, you’re probably a little freaked out about the prospect of shelling out upwards of $4 per gallon at the gas pump this summer.Throw in the steep costs of other car-related expenses, such as insurance, repairs, maintenance, registration and […]
[credit provider=”Getty Images/Chung Sung-Jun”] Korean soap operas are being a run for their money by an unlikely quarter: the chairman of Samsung and his siblings, The New York Times reports.Lee Kun-hee, the head of Samsung and South Korea’s richest man, has thrown propriety out the window and is now engaged […]
It’s a given that Super Bowl commercials will be a popular talking point the Monday after the big game, but what ads have the power to outlast your Super Bowl hangover?
Residents of Copenhagen’s Christiana, a hippie commune that declared itself independent of the Danish government in 1971, have raised over 1 million Danish Krone ($180,900) during the first day of a fundraising project, reports the Washington Post.
[credit provider=”Zynga”] Mark Pincus and the board of directors at Zyngamay be playing a dangerous game with their investors.The board of the largest maker of games played on Facebook last week approved three tiers of stock that give CEO Pincus 70 times more voting power than shares that will be […]
We took a look at data on Bloomberg about who was buying and selling shares of Apple in Q1, after seeing some tweets from SAI commenter/contributor Sammy The Walrus IV.
[credit provider=”Isualum” url=”http://www.isualum.org/en/awards/distinguished_awards_celebration/distinguished_alumni_award/sehat_sutardja_2010/”] Goldman Sachs is being sued by two of the co-founders of Marvell Technology (the company that makes processors for BlackBerry) over claims the bank tricked them into selling their Marvell shares “by claiming the sale was needed to cover a margin loan,” Bloomberg reports.Marvell CEO Sehat Sutardja […]
[credit provider=”Goldman Sachs” url=”http://www2.goldmansachs.com/ideas/investment-insights/commercial-credit/index.html”] Since the beginning of the year, the Goldman Sachs nobility — 483 partners — sold $108 million in shares, according to Dealbook.In the three months before January, partners sold just over $75 million.
Shares in Lincat (LON:LCT) surged this morning on news that the AIM listed foodservice group was set to recommend a 1,050 pence per share takeover offer from Middleby Corporation (NASDAQ: MIDD). The cash offer values Lincat at approximately £58 million and represents a 37.7% premium to the company’s closing price […]
« Previous Page
