Twitter countered Musk’s takeover attack with countermeasures SAN FRANCISCO – Twitter is taking countermeasures to resist a takeover by tech billionaire Elon Musk. The plan provides that other shareholders can buy additional shares cheaply if a buyer exceeds the 15 percent mark. The move is a classic “poison pill” that companies threatened by takeovers often … Read more
NEW YORK (dpa-AFX) – The Dow Jones Industrial is heading towards 37,000 points probably slower on Wednesday. The broker IG valued the leading Wall Street index at the previous day’s level at 36,800 points. So he will initially miss a new record of 36,935 points. The technology stocks concentrated on the Nasdaq stock exchange, on … Read more
NEW YORK (dpa-AFX) – The most important US stock indices have not found a common direction after the recent losses on Thursday. For the leading index Dow Jones Industrial it was in view of the slide in the price of Walt Disney ultimately by 0.44 percent to 35,921.23 points downhill – the entertainment giant had … Read more
NEW YORK (dpa-AFX) – Wall Street is conciliatory at the end of the week after the recent setback. At the reduced price level, investors took more courageously on Friday, especially for the recently neglected standard values. Instead, the recently better technology stocks lagged behind the rally. The New York benchmark index Dow Jones Industrial, which … Read more
KSM Castings Group GmbH: Completion of the protective shield proceedings probably as early as the end of December Hildesheim (ots) – KSM Castings Group GmbH: Completion of the protective shield proceedings probably as early as the end of December – Creditors’ meeting approves insolvency plan with large majority – 100% quota for the creditors – … Read more
The US stock exchanges, which were recently slowed down by corona worries, are looking up again: The Dow Jones Industrial rose on Friday by 0.84 percent to 28,733.56 points. The best-known American share index had already stabilized somewhat on Thursday after the previous weakness – on a weekly basis it is currently heading for a … Read more
Metro boss Olaf Koch is allowed to leave at the end of the year DÜSSELDORF – The CEO of the Metro retail group can give up his office as desired at the end of the year. The supervisory board agreed to the amicable cancellation of the contract as of December 31, 2020, the company announced … Read more
Wirecard: EU Commission engages in European financial supervision BRUSSELS – In the Wirecard Scandal, the EU Commission is now turning on the European financial regulator ESMA. The supervisors should take a close look at the collapse of the Munich payment service provider and possible omissions by the supervisory authorities. A preliminary investigation report should be … Read more
The Wirecard balance sheet scandal is now keeping the stock market in suspense for the seventh consecutive trading day. The paper lost another 64 percent on Friday. This is the third-highest daily loss for a share listed in the Dax in the almost 32-year history of the leading German index. Since it has been known … Read more
Crippling leadership crisis, commentary on VW by Carsten Steevens Frankfurt (ots) – Herbert Diess must be the CEO of Volkswagen cars Hand in at the end of June after five years. Shortly before the planned Market launch of the for the entire VW group important compact car ID3, which contribute is to make electromobility suitable … Read more