Tag Archives: Street

Italy blocked the export of AstraZeneca PLC’s Covid-19 vaccine to Australia, in a move coordinated with European Union authorities, reflecting mounting frustration in Europe with slow deliveries of vaccines. The move was prompted by the persisting shortage of vaccines in Italy and the EU, delays in the supply of vaccines by …

DUBAI — A United Nations report accuses Blackwater founder Erik Prince of assisting in violations of an international arms embargo on Libya, placing the military contractor at risk of U.N. sanctions, according to a diplomat with access to the report. The report by the U.N. Panel of Experts that monitors …

Applied Materials Inc. late Thursday announced results and an outlook that topped Wall Street estimates, but the stock didn’t start taking off until the company started shedding light on what is driving its strong forecast. Applied Materials AMAT, -1.97% shares fluctuated between gains and losses before the analyst call started …

Elliott Management Corp., the hedge fund best known for its high-profile shareholder-activist campaigns, is looking to join the sizzling SPAC craze. The firm, founded by billionaire Paul Singer, has been meeting with bankers about raising more than $ 1 billion for a special purpose-acquisition company, according to people familiar with …

The startup behind a TikTok-style video app rocketed in its Hong Kong market debut, making the latest demonstration of investor hunger for initial public offerings and for high-growth technology companies. Shares in Kuaishou Technology nearly tripled from their IPO price in early trading Friday, implying a market value of more …

Private-equity firm Silver Lake made out like a bandit this week by piggybacking off the stock market frenzy stoked in recent weeks by users of a Reddit message board. Silver Lake was able to clear a profit of roughly $ 112 million on Wednesday by selling 44.4m newly minted shares …

WeWork is in talks to combine with a special-purpose acquisition company, according to people familiar with the matter, a deal that would usher the office-leasing company into the public markets more than a year after its high-profile failure to stage a traditional initial public offering. WeWork’s board and its Chief …

On Jan. 3, three days before the attack on the Capitol, Enrique Tarrio, the leader of the far-right organization known as the Proud Boys, shared a cryptic post on the messaging app Telegram: “What if we invade it?” The message was sent to his more than 7,000 followers on the app, …

As Americans hunker down and wait to get vaccinated, the toll of the coronavirus pandemic keeps rising. Its costs, both in lives and livelihood, prompted President-elect Joe Biden on Thursday to propose another $ 1.9 trillion “first step” spending package to help combat the carnage of the pandemic, even before …