St. John Properties, a Baltimore-based commercial real estate property management and development company, provided $10 million bonus for its 198 employees to split at its annual holiday party on Dec. 7.
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […]
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
The Canadian Transportation Agency said on Tuesday Onex Corp will need to amend its by-laws to meet the country's ownership rules related to its proposed C$3.5 billion buyout deal of Canada's second-largest carrier WestJet Airlines. The agency has sought the amendment to Onex's by-laws to ensure that matters related to WestJet are voted where a majority of Canadian directors are present. WestJet said it is in the process of reviewing the determination.
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The American agriculture industry generally applauded a move to finalize the U.S.-Mexico-Canada free-trade agreement, with one notable exception.In a statement Tuesday, cattle producer group R-CALF USA blasted the deal, saying the failure to restore country of origin labeling, or COOL, on beef allows imported supplies to continue undercutting U.S. ranchers.The group said COOL rules for beef and pork that were repealed in 2016 would have allowed U.S. ranchers to “compete against the duty-free, cheaper and undifferentiated cattle and beef flowing into our country and depressing our markets.”Opposition to the deal was relatively limited as U.S. farmers should largely gain from tariff-free access to the neighboring countries. One big beneficiary would be beleaguered U.S. dairy farmers, who would get new access to Canada’s marketCrop handler and processor Archer-Daniels-Midland Co. said USMCA will provide “meaningful benefits for agriculture and food industries in all three countries.”Meanwhile, the National Cattlemen’s Beef Association, which represents cattle farmers and feeders, said: “There is no higher policy priority for America’s beef producers than maintaining our duty-free access to Canada and Mexico.”\--With assistance from Isis Almeida, Dominic Carey and Mike Dorning.To contact the reporter on this story: Michael Hirtzer in Chicago at [email protected] contact the editors responsible for this story: James Attwood at [email protected], Patrick McKiernanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
General Motors Co on Tuesday unveiled the first of a new generation of large sport utility vehicles designed to haul in the cash to pay for electric vehicles the automaker promises for the future. The 2021 Chevrolet Tahoe and Suburban officially revealed at the home of the Detroit Red Wings hockey team in downtown Detroit are among the largest passenger vehicles on the market. GM Chief Executive Mary Barra told analysts in October that GM will invest more in electric vehicles than gasoline-fueled models over the next five years.
Dec.10 -- Bloomberg's Sarah Frier and Eric Haggstrom of Emarketer talk about the growth of ad spending on Instagram. They appear on "Bloomberg Technology."
Q3 2019 Darling Ingredients Inc Earnings Call
Truck manufacturer Paccar Inc . (NASDAQ: PCAR ) declared an extra cash dividend of $2.30 per share payable Jan. 8, 2020, to stockholders of record on Dec. 20. The special dividend, approved by the company's ...