July 18 (Reuters) – Suncor Energy Inc (SU.TO), said on Monday it had added three new independent directors and would review a possible sale of its retail gas station business, as part of an agreement with activist investor Elliott Investment Management. Canada’s second-largest crude oil producer has been under pressure […]
Organizations step up investments in minority-led Milwaukee businesses
JCP Construction is currently working on the ThriveOn King building on North Martin Luther King Drive. Ken Robertson, the executive vice president, chief operating officer and chief financial officer of the Greater Milwaukee Foundation, says investments such as this can improve spaces that have been neglected in Milwaukee. (Rendering by […]
What is the Capital Gains Tax, How is it Calculated, and How Much Will You Pay?
Billionaire business owner Warren Buffett once famously commented that his secretary paid taxes at a higher rate than he did. Although there are surely many factors at play – among them Buffett’s intentionally low salary and his large charitable donations – a big part of the story is that Buffett […]
Federated Hermes, Inc. agrees to acquire the $3.63 billion investment advisory business of C.W. Henderson, a specialist in municipal-bond separately managed accounts
Entire team to join Federated Hermes and continue managing portfolios PITTSBURGH, July 18, 2022 /PRNewswire/ — Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, reached a definitive agreement to acquire substantially all of the assets of C.W. Henderson and Associates, Inc., a Chicago-based registered investment advisor […]
Dow Jones Rallies 300 Points As Goldman Sachs Jumps On Earnings
The Dow Jones Industrial Average rallied 300 points Monday, as earnings season continued, with reports out from Bank of America (BAC), Charles Schwab (SCHW) and Dow Jones stock Goldman Sachs (GS). X Bank of America rose 3% after its second-quarter results. Schwab climbed around 1% after a strong earnings report, […]
Goldman Sachs (GS) 2Q 2022 earnings
Goldman Sachs on Monday posted profit and revenue that exceeded analysts’ estimates as fixed income traders generated roughly $700 million more revenue than expected. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $7.73 vs. $6.58 […]
Celsius Network was a ‘Ponzi scheme,’ company’s former investment manager alleges in lawsuit
Beleaguered crypto lender Celsius Network operated as a classic “Ponzi scheme,” the former head of the company’s key investment strategy alleged in a lawsuit, claiming the company used customer deposits to cover huge liabilities caused by reckless mismanagement. Jason Stone, whose company KeyFi partnered with Celsius to run its decentralized […]
Why ESG is a Business Investment
By Emmeline De Chazal, ESG specialist at e-learning compliance training firm, Skillcast. ESG has become a catch-all phrase describing a firm’s moral considerations. Demonstrating high standards of ethical conduct in business and a commitment to sustainability and social justice is a trend that is on the up. However, there is […]
Market offers virtually unlimited investment platforms | Business
Stock trading and virtual currency once had the stigma of only being available to the wealthy or those with a vast knowledge of Information Technology (IT). The platforms needed to access either investment had many barriers to entry for consumers. Over time, these entry barriers naturally worked themselves out. Access […]
Pueblo’s Parkview wins achievement awards
Parkview Health System has been awarded quality achievement awards for its work with stroke and heart failure patients. The “Get With the Guidelines” awards honor the Pueblo hospital’s staff for commitment to ensuring stroke and heart failure patients receive the most appropriate treatment according to nationally recognized, research-based guidelines which […]