Open Finance is closer to becoming realised with the news that TISA, the investing and saving member...: Open Finance is closer to becoming realised with the news that TISA, the investing and saving membership alliance, has completed the first phase of its project to deliver an Open Savings and Investment infrastructure, which will empower consumers and help them improve their financial wellbeing.
Sandy Weill still has the checkbook he used in 1967 to make the first donations of the Weill Family Foundation. One was for $10, to his temple. The biggest was for $100. Since then, he and his wife Joan have given away more than $1 billion, often in much larger amounts: $250 million to the medical school at Cornell University in 2007 and $185 million to start a neuroscience institute at University of California San Francisco in 2016. And they're not done yet, said Weill, 86, with gifts coming in areas new to them, like artificial intelligence and big data.
Castle Lanterra Properties and Stonemark Housing Partners separately scooped up properties in the suburb of Austell, Ga.: Two nearby communities in the Atlanta suburb of Austell, Ga., have recently changed hands for a combined price of $35.1 million, in a sign of the continued strength of the metro market. Real estate investment firm Castle Lanterra Properties acquired 300 Riverside, a 220-unit community at 300 Six Flags Drive SW, for $19.7 million, according to Yardi Matrix.
The state of Michigan and Philadelphia Board of Pensions have severed their ties to the embattled money manager. : (Bloomberg) -- Billionaire money manager Ken Fisher is facing more pressure from clients following offensive remarks he made at an industry conference. Fidelity Investments and the state of Florida pension fund said Tuesday they're examining their relationship with Fisher Investments. The Philadelphia Board of Pensions said it plans to divest the $54 million in assets held with the firm. "We are very concerned about the highly inappropriate comments by Kenneth Fisher," a Fidelity spokesman said in a statement.
To view the full story, click the title link. : KKR & Co. has promoted six deal makers to lead its flagship private-equity businesses around the world, which together have amassed $75 billion in assets. Unlike some of its peers, which operate a single global buyout fund, KKR's business is divided up into three geographic regions: the Americas, Europe and Asia-Pacific. The firm said it has promoted a pair of executives to lead private-equity investing in each region. KKR is expected to formally announce the promotions later Wednesday.
Is Huazhu Group Limited (NASDAQ:HTHT) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds [...]
Billionaire investor Leon Cooperman said the stock market with drop 25% if Elizabeth Warren becomes president. : Billionaire investor Leon Cooperman took aim at what an Elizabeth Warren presidency would mean for the stock market, on Wednesday. "If Elizabeth Warren is elected president, in my opinion, the market drops 25%," Cooperman told CNBC's "Squawk Box." "Bernie Sanders, same thing." Presidential hopeful and Massachusetts senator Warren has risen in the polls in a crowded Democratic field. Specifically, Warren's wealth tax has quickly become a rallying force of her campaign.
Shares of Tech Data Corp. soared 13% toward a record high in premarket trading Wednesday, after Reuters reported that Apollo Global Management made a bid to buy the information technology company for nearly $5 billion. The report, out late Wednesday, said Apollo would pay $130 for each Tech Data share, which represents a 17% premium to Tuesday's closing price of $111.34, and imply a market capitalization of about $4.63 billion. On Wednesday, Stifel Nicolaus analyst Matthew Sheerin reiterated his hold rating but raised his stock price target to $125 from $105.
NEW YORK, Oct. 16, 2019 /PRNewswire/ -- MI VI by Samsara unveils another round of marketing material with its newest online video with brand founders Kathy Ireland and Tommy Meharey. The launch of the video campaign follows the recent announcement that MI VI, a men's lifestyle brand by...