Stock Market Survival

Updated

Trustar plans to raise fund to manage McDonald’s China stake -sources

BY Reuters  • August 28, 2023August 28, 2023
By Kane Wu HONG KONG (Reuters) -Chinese private equity firm Trustar Capital is planning to raise a so-called continuation fund that would allow it to sell down its stake in McDonald’s China, two[...]
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Private equity firm PAI Partners to buy pet food maker Alphia

BY Reuters  • August 24, 2023August 24, 2023
By Abigail Summerville NEW YORK (Reuters) – Private equity firm PAI Partners said on Thursday it agreed to buy Alphia Inc from its owner J.H. Whitney Capital Partners, in a deal that people fami[...]
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US SEC overhauls rules for $20 trillion private fund industry

BY Reuters  • August 23, 2023August 23, 2023
By Carolina Mandl and Chris Prentice NEW YORK (Reuters) – The U.S. securities regulator on Wednesday adopted new rules that will shine a light on private equity and hedge fund expenses and fees,[...]
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BlackRock continues lowering support for environmental and social proposals

BY Reuters  • August 23, 2023August 23, 2023
By Ross Kerber and Isla Binnie (Reuters) – Top asset manager BlackRock on Wednesday reported a further decline in its support for shareholder resolutions on environmental and social themes, citi[...]
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Wells Fargo defeats shareholder lawsuit over fake job interviews

BY Reuters  • August 21, 2023August 21, 2023
By Jonathan Stempel (Reuters) – Wells Fargo won the dismissal of a lawsuit accusing the fourth-largest U.S. bank of defrauding shareholders by touting its commitment to hiring diversity while it[...]
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Goldman Sachs weighs selling part of wealth business in broad strategy revamp

BY Reuters  • August 21, 2023August 21, 2023
By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs is weighing the sale of a part of its wealth business, it said on Monday, as it shifts its focus back to serving the ultra-rich and away from high-net-[...]
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Burry, famous for ‘Big Short,’ bought bearish options against S&P, Nasdaq 100

BY Reuters  • August 14, 2023August 15, 2023
By David Randall and Saqib Iqbal Ahmed NEW YORK (Reuters) -Michael Burry, the money manager made famous in the book and film “The Big Short,” held bearish options against the broad S&P[...]
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Meme stock Tupperware jumps as debt restructuring deal fires up retail army

BY Reuters  • August 4, 2023August 4, 2023
By Medha Singh and Savyata Mishra (Reuters) -Shares of Tupperware Brands surged 44% on Friday, after the kitchen storage container maker finalized a debt restructuring deal as it attempts a turnaround[...]
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Huge rallies boost Tupperware, Yellow shares into ‘meme stock’ club

BY Reuters  • August 1, 2023August 1, 2023
By Medha Singh and Chibuike Oguh (Reuters) -Shares of Tupperware Brands Corp, Yellow Corp and other U.S. companies have soared in recent days, reminding analysts of so-called “meme stock”[...]
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