December 04, 2019
Naspers to spinoff Prosus
Naspers (JSE: NPN and LSE: NPSN, South African consumer internet conglomerate, has already spun-off its sizeable investment Prosus (AEX: PRX and JSE: PRX). Prosus is a global con...
Naspers (JSE: NPN and LSE: NPSN, South African consumer internet conglomerate, has already spun-off its sizeable investment Prosus (AEX: PRX and JSE: PRX). Prosus is a global con...
Steve Cohen is an American businessman, investor, hedge fund manager, and investor. He is also the founder of S.A.C Capital Advisors (now closed) and Point72 Asset Management. Cohen has succes...
Ranked 48 on the Forbes 2019 billionaire list, Alexey Mordashov, a Russian business magnate and investor is the former CEO and majority shareholder at Severstal, a steel, mining, and en...
Investors who traded bonds in Africa this year were rewarded greatly. Africa's sovereign dollar debt yielded total returns of 20% since the start of 2019. This alone is more than any other region in e...
What is an IPO?An Initial Public Offering is the process of offering shares of a private organization to the public in a new stock issuance, allowing the company to raise capital from public investors...
Payment giant, Visa announced in a statement on Monday (Jan. 13), that the company has made a move to acquire Silicon Valley startup, Plaid. This is a deal that is worth $5.3 billion.Plaid's API softw...
Amazon reported a big jump in net sales, the company reported $75.5 billion in net sales which means, it was up by 26% compared to last year but they only made a net income of $2.5 billion, that is $5...
Boeing stocks (BA) went from about $90 range low to over $230 per share following analysts upgrade. Although, Boeing is having production issues due to regulatory clearance s...
On Tuesday, Luckin Coffee (LK) - The Beijing-based coffee chain - revealed that it receives its second delisting notice from Nasdaq. The reason for this is because the company is yet to file its annua...
What is Shaquille O'Neal's net worth?Age42 (March 6, 1972)EducationFulda American HS (Fulda, Germany), Robert G. Cole (San Antonio, Texas); LSU (1989-1992)ProfessionFormer professional basketball play...