Category: News
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Equinix expected to benefit from Gen-AI in long term; Citi keeps stock buy-rated By Investing.com
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On Wednesday, Citi reiterated a Buy rating on shares of Equinix (NASDAQ:), with a price target of $1,020.00. The company’s positive position is based on Equinix’s ability to benefit from the ongoing digital transformation of the economy. Equinix’s management, including CFO Keith Taylor and Senior Director of Investor Relations Chip…
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Elliott rebuilds ‘substantial’ stake in SoftBank – report (Pink Limited Info:SFTBF)
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Elliott Management has rebuilt a major stake in SoftBank ( OTCPK:SFTBY ) ( OTCPK:SFTBF ) and is pushing the Japanese technology group, founded by Masayoshi Son, to launch a $15 billion stock buyback, Financial Times mentioned. Elliott, founded by Paul Singer, has a larger stake More than US$2 billion and…
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With over 1.7 million employees, the U.K.’s NHS has become a ‘rinse-and-repeat target’ for cybercriminals—disrupting services and risking lives
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In June last year, a Russian cybercrime gang called BlackCat Hacked Barts Health NHS Trust, part of the UK’s National Health Service which runs several hospitals in London, and I posted some of it online In an attempt to blackmail Last month, a different group, called INC Ransom, published a…
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State plans second Sh130bn Eurobond buyback in 2024
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Kenya seeks to spend another 130.7 billion shillings ($1 billion) this year to repay its multi-billion-shilling Eurobond due in 2027, as incoming payments slow as part of efforts to mitigate currency and default risks. The country unveiled a buyback plan to the World Bank, but did not reveal whether it…
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Management team incentivisation and selling your business
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If you are an owner-managed business but want to maximize the proceeds of the sale upon closing (and avoid a profit structure), you need to hire a new management team before you exit to prove to the buyer that they are not doing that. We will not require you to…
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Musk to check Au10tix allegations by X anti-Israel influencers
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Veteran Israeli identity verification company Au10tix In the midst of a new social media storm, as anti-Israel influencers demand that X (formerly Twitter) end its partnership with the company. For several years, Au10tix has provided Company X with identity verification services for its users, and anti-Israel activists are currently pressuring…
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Banking and Financial Markets CEOs are betting on generative AI to stay competitive, yet workforce and culture challenges persist By Investing.com
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Two-thirds (66%) of banking and financial markets CEOs surveyed said that the potential productivity gains from AI and automation are so great that they must accept risks to remain competitive. 65% of financial leaders say success with AI will depend more on people adopting it than on the technology itself,…
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Trump Media asks Nasdaq to cooperate with investigations into trading of its shares
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(Reuters) – The company that owns Donald Trump’s private social media platform Truth Social said on Tuesday that it has requested Nasdaq’s cooperation with any investigations into alleged market manipulation of its shares by so-called “naked” short sellers. Devin Nunes, CEO of Trump Media and Technology Group (TMTG), said in…
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Trump Media asks Nasdaq to cooperate with investigations into trading of its shares
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(Reuters) – The company that owns Donald Trump’s private social media platform Truth Social said on Tuesday that it has requested Nasdaq’s cooperation with any investigations into alleged market manipulation of its shares by so-called “naked” short sellers. Devin Nunes, CEO of Trump Media and Technology Group (TMTG), said in…
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Bayer’s $2.25B Roundup verdict cut to $400M by Pennsylvania judge
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Scott Olson/Getty Images News Philadelphia courthouse on Tuesday Reduced judgment by $2.25 billion v. Bayer (OTCPK:BAYRY) (OTCPK:BAYZF) for $400 million against a man who said he developed cancer as a result of exposure to the company’s weed killer. Owned by Bayer (OTCPK:BAYRY) (OTCPK:BAYZF) will now become Monsanto. He is required…
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Alaskans are seeking a respite from thousands of tourists who want to cruise the panhandle region
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A new agreement between Alaska’s capital and major cruise lines seeks to cap the daily number of cruise ship passengers arriving in Juneau starting in 2026, though a prominent critic of the cruise industry said Tuesday that the planned limits don’t do enough. The agreement, finalized late last week, seeks…
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Equity taps AAR boss to head new health insurance subsidiary
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Equity Group has appointed AAR Insurance Holdings CEO Patrick Gatunga as managing director of its new health insurer, as the financial services firm deepens its foray into the underwriting business. Sources said Mr Gatunga, who has been CEO of AAR since September 2022, has moved to Equity Group where he…
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Surrey Village Pub Suffers Amid Water Contamination Crisis
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A pub owner in Bramley, a village near Guildford in Surrey, claims his business is suffering due to a water contamination problem that has led to a ‘do not drink’ notice being issued. Hundreds of residents have been warned not to use their tap water after concerns linked to a…
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ThreeD Capital Inc. Issues Early Warning Report in Connection With The Disposition of Securities of infinitii ai inc.
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Published on June 04, 2024 • 3 minutes…
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Amdocs is the only high-tech co in Sderot
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Harel Givon, general manager of Amdocs Israel, told the Globes Business South conference at Sapir Academic College that the work in Sderot has paid off. Speaking with Globes high-tech editor Assaf Gilad in a panel discussion discussing the role of economics and high-tech in revitalizing the South, he said: “The…
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Loews corp director Ann Berman sells shares worth over $72k By Investing.com
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Loews Corporation (NYSE:) Managing Director, Anne E. Berman, recently in transactions involving the company’s stock, according to its most recent Securities and Exchange Commission filings. On June 3, 2024, Berman sold 963 shares of common stock at an average price of $75.80, for a total of over $72,995. The transactions…
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Loews corp director Ann Berman sells shares worth over $72k By Investing.com
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Loews Corporation (NYSE:) Managing Director, Anne E. Berman, recently in transactions involving the company’s stock, according to its most recent Securities and Exchange Commission filings. On June 3, 2024, Berman sold 963 shares of common stock at an average price of $75.80, for a total of over $72,995. The transactions…
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What Is the Dividend Payout for Nvidia Stock?
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in case Nvidia (Nasdaq: NVDA) The company was already unpopular among investors, and now the semiconductor giant is tempting income seekers with a quarterly dividend hike. The dividend won’t be huge on a percentage basis, but Nvidia’s cash payouts will be a nice reward for long-term shareholders. Nvidia made another…