Goldmine Stock Market Traders (Pty) Ltd

SoftBank | February 28, 2020

Elliott Management Corp is pressing SoftBank Group Corp (9434.T) for details of nearly-$10 billion of investment securities on its balance sheet, as part of its campaign to improve the value of the Japanese conglomerate in which it holds a stake, sources said. The $40 billion hedge fund, one of the most powerful activist investors, has a $3 billion stake in the company and is trying to push for changes after SoftBank’s bet on start-ups such as space-sharing firm WeWork soured. SoftBank&rsq...

Wall Street | April 07, 2020

U.S. stocks are set to push higher at the open Tuesday, continuing Monday’s strong gains, on tentative signs the spread of coronavirus is slowing as well as talk of more funds to support the battered economy. At 7:00 AM ET (1100 GMT), futures for the S&P 500 traded 89 points, or 3.4%, higher, futures for the Nasdaq up 251 points, or 3.1%. The Dow futures contract rose 817 points, or 3.6%. Wall Street closed firmly higher Monday, with all three major cash indices up over 7%, the best se...

FINTECH

Astorg, Bridgepoint, Fenergo | May 19, 2021

The acquisition comes after a period of rapid growth for Fenergo, and it will fuel investment in the company's SaaS plan, product line creation, and sustain an expanding team as it enters the next step of growth. Fenergo's award-winning SaaS network, which was established in 2009, offers solutions to the world's biggest and most complex financial institutions, assisting in the battle against financial fraud and improving consumer journeys while being compliant at all t...

Reuters | March 27, 2020

U.S. stock indexes fell sharply at the open on Friday, following the S&P 500 and the Dow’s best three-day run in nearly a century, as fears about the economic damage from the rapidly spreading coronavirus returned to the forefront. The Dow Jones Industrial Average .DJI fell 653.70 points, or 2.90%, at the open to 21,898.47. The S&P 500 .SPX opened lower by 74.20 points, or 2.82%, at 2,555.87. The Nasdaq Composite .IXIC dropped 243.29 points, or 3.12%, to 7,554.25 at the opening bel...