In a post on the company’s website Thursday morning, New York Times Co. (NYSE: NYT) said that it is adding three new “leadership positions” in its newsroom, all of which appear to be targeted at the its digital subscribers.
In the announcement, the company acknowledged that it has more than 3.5 million paid subscriptions and more than 130 million monthly readers. The announcement....More>>>
Deals and Financings
Zai Lab (Pending:ZLAB) raised $150 million in its US IPO after the company increased the size of the offering to 8 million shares from the originally proposed 5.8 million shares. Demand for the offering was strong, and Zai’s stock opened 50% above the IPO price at $27 per share. Zai is worth $1.4 billion at this price. If the underwriter places the 1.2 million....More>>>
(This article is reprinted by permission from NextAvenue.org. It is adapted from the new book, Entitlemania by Richard Watts.)
Somewhere in our DNA as parents, we believe it is an act of love, generosity, or for some, contrition, to leave our children an inheritance after we die. And the more money we leave, we think, the better! But despite the wisdom and warnings of historical philosophy,....More>>>
I have some bad news for you… Stocks could struggle – for as long as two years – after the presidential election next week. It won't be because of Hillary or Donald's bad political ideas. It all comes down to the lessons of history we've learned from elections. You see, politics have a surprisingly large effect on financial markets…....More>>>
New York, NY, based Investment company Neville Rodie & Shaw Inc buys Oracle Corp, Quanta Services Inc, Flowserve Corp, PowerShares QQQ Trust Series 1, Energy Transfer Partners LP, Rio Tinto PLC, Bank of America Corporation, TransDigm Group Inc, FireEye Inc, Orex Minerals Inc, sells General Electric Co, The WhiteWave Foods Co, BankUnited Inc, National Oilwell Varco Inc, Pioneer Natural Resources....More>>>