By Tim Kelly TOKYO (Reuters) - Japan\'s government on Tuesday relaxed military equipment export restrictions, the second change in less than four months, to allow future overseas sales of an advanced jet fighter it is developing with Britain and Italy. The rule change applies only to Cabinet-approved jet fighter exports and will be limited to...
In a recent move closely watched by investors, Berkshire Hathaway Inc . (NYSE:BRKa) has made a significant purchase of Liberty Media Corp (NASDAQ:LSXMK) stock, investing approximately $36.77 million. The transactions occurred over three separate days, signaling a strong vote of confidence in the media company\'s value from the renowned investment firm. The buying spree kicked...
By Max A. Cherney SAN FRANCISCO (Reuters) -Nvidia earned its $2.2 trillion market cap by producing artificial-intelligence chips that have become the lifeblood powering the new era of generative AI developers from startups to Microsoft (NASDAQ:MSFT), OpenAI and Google parent Alphabet (NASDAQ:GOOGL). Almost as important to its hardware is the company\'s nearly 20 years\' worth...
In a notable transaction, Arkoma Drilling, L.P. and Williston Drilling, L.P., two Texas-based limited partnerships, have collectively purchased $100.45 million worth of shares in Comstock Resources Inc . (NYSE:CRK), a company specializing in crude petroleum and natural gas. This acquisition took place on March 25, 2024, at a price of $8.036 per share. The purchase...
Nigel J. Murtagh, the Chief Risk Officer of Charles Schwab Corp (NYSE:SCHW), has recently engaged in significant stock transactions, according to the latest SEC filings. Murtagh sold 12,948 shares of the company\'s common stock, totaling approximately $906,686. The sales were carried out at prices ranging from $70.00 to $70.125, with the reported price reflecting the...
SYDNEY (Reuters) -Blackstone-owned Crown Resorts can keep its licence to operate its flagship Melbourne casino, a gambling regulator said on Tuesday, more than two years after the casino was put under government supervision for breaking anti-money laundering laws. The Victorian Gambling and Casino Control Commission (VGCCC) said it was in the public interest that Melbourne...
By Stephen Culp NEW YORK (Reuters) -U.S. stocks lost ground at the start of a holiday-shortened week on Monday as investors positioned themselves ahead of inflation data. All three major U.S. stock indexes ended the session in the red, with the blue-chip Dow suffering the largest percentage loss. The dollar dipped as the risk of...
In a recent transaction, Carolyn Schwab-Pomerantz, a director of Charles Schwab Corp (NYSE:SCHW), sold a significant amount of company stock, totaling over $637,000. The sales took place on March 21, 2024, and were executed in multiple trades within the price range of $70.66 to $71.28. The transactions were part of a pre-arranged trading plan, known...
The Canadian market is down in negative territory in early afternoon trades on Friday, weighed down by losses in communications, real estate, consumer discretionary and materials sectors. The mood is a bit cautious amid a lack of fresh data. Also, traders appear to be somewhat reluctant to hold positions after recent record highs, and are...
AUSTIN, TX - Ideal Power Inc. (NASDAQ:IPWR), a developer of semiconductor power switch technology, has announced the pricing of its underwritten public offering of 2 million shares of common stock at $7.50 each. The company has also given the underwriter, Titan Partners Group, an option to purchase up to an additional 300,000 shares under the...