Bank of Queensland chief executive George Frazis is leaving the bank with immediate effect, with chairman Patrick Allaway to take on new responsibilities as executive chairman until a new CEO is found. The bank on Monday morning said it would…
Read MoreSenyun International Discloses Position in Electric Car Maker Faraday Future
Author(s): Fintel Staff Fintel reports that Senyun International Ltd. has filed a 13G form with the SEC disclosing ownership of 25,333,333 shares of Faraday Future Intelligent Electric Inc. (FFIE). This represents 6.15% of the company. Established in May 2014, FF…
Read MoreEML Payments chairman ousted as investors revolt
Investors in embattled fintech EML Payments have revolted, removing chairman Peter Martin and delivering the company a first strike on executive pay, after a series of negative surprises this year. Alongside the drama at the annual general meeting, the company’s…
Read MoreImago Bio Shares Soar on Agreement to Selll to Merck for $1.35 Billion Cash
Imago Biosciences (US:IMGO) took center stage on Monday, rising 104.5% after noting it had received a takeover offer from pharmaceutical giant Merck (US:MRK) in a deal worth around $1.35 billion. Imago is a clinical stage biopharma company focused on developing…
Read MoreRosella Holdings Cuts Stake in Lightning eMotors (ZEV) Despite Strong Q3 Results
Fintel reports that Rosella Holdings Ltd has filed a 13G/A form with the SEC disclosing ownership of 7,571,903 shares of Lightning eMotors, Inc. (ZEV). This represents 9.955% of the company. In their previous filing dated May 14, 2021 they reported…
Read MoreProof of Reserve is Not Adequate to Determine an Exchange\u2019s Health
The collapse of FTX, once the third-largest cryptocurrency exchange, eroded user trust in the industry. In a bid to regain this trust, some of the largest centralized crypto platforms started releasing Proof of Reserves, revealing how much and what cryptocurrencies…
Read MoreGoldman Sachs Say\u2019s Bear Market Not Over Yet – 7 ‘Strong Buy’ Conviction List Dividend Ideas for 2023
Unless you are a hedge fund portfolio manager who has spent 2022 shorting tech stocks and cryptocurrencies, like most investors you are more than ready to flip the calendar, and with just over 5 weeks left in the year, that’s…
Read MoreGold Futures Settle Lower As Dollar Advances On Rate Hike Bets
Gold prices drifted lower on Friday as the dollar strengthened against most of its major rivals amid rising bets the Federal Reserve will continue to aggressively hike interest rates to tame inflation. The dollar index, which was down at 106.34…
Read MoreBHP, world’s top miner, nears biggest acquisition in a decade
video Barrick Gold CEO: Copper is way undervalued, market never gets it right Barrick Gold president and CEO Mark Bristow explains why the mining company is growing its copper footprint on ‘The Claman Countdown.’ BHP Group Ltd. raised its offer…
Read MoreOpening Bell Analyst Calls Briefing for Friday, November 18, 2022\u00a0
This report was sent to Briefing.com subscribers earlier today. Upgrades: > Legal & General Group (LGGNY) upgraded to Outperform from Neutral at Exane BNP Paribas > OPAL Fuels (OPAL) upgraded to Buy from Hold at Tudor, Pickering, Holt & Co….
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