Private equity firm Bain Capital is considering a possible sale of Japan’s Toshiba Corp. in a move designed to carry out foreign shareholders’ wish to take the company private. As the Financial Times reported Friday (April 1), shares in Toshiba rose by more than 6%...
In the stock market — pick your market, any market — a few days of heady gains do not necessarily a trend make. After all, nothing travels in a straight line. But the last two sessions in China, as viewed through the Hang Seng Index...
S&P Dow Jones Indices announced Friday (March 4) that it will remove stocks listed or domiciled in Russia from its benchmarks because of the country’s invasion of Ukraine. This will have the effect of further isolating the country from the global economy. The removal will...
Thus far into 2022, the stock market seems to be weighing in, heavily, on the great digital shift. Reading the tea leaves, and the performance of shares in companies as varied as Block, PayPal, LendingClub, Shopify, et al, implies that maybe the pivot has not...
TPG’s shares have jumped in their first day of trading, the Financial Times reported Thursday (Jan. 13). The private equity group, co-founded by billionaires David Bonderman and Jim Coulter, has become the newest company to capitalize on rising values, tapping public markets to finance growth....
Nearly 30 firms that are either headquartered in the U.K. or have stock market listings in the region have registered for two major “over-the-counter” markets operated by OTC Markets Group, which allows U.S. investors to buy their shares, according to a Financial Times report Tuesday...
Paytm, China’s biggest public listing on the Stock Exchange of India (NSE), is giving investors cold feet, with shares closing below its market debut in November as the company’s road to profitability remains full of potholes. Prices fell 5.6% to 1,321 rupees ($17.37), capping a...
On Wall Street, market capitalizations might be viewed as a proxy for how investors view a given company’s prospects, its position in its chosen vertical(s). You no doubt know that companies like Apple and Tesla have, depending on the day, hit trillion-dollar market caps, indicating,...
The Depository Trust & Clearing Corporation (DTCC) has published a new white paper that outlines ways to promote central clearing around U.S. Treasury transactions. Written by the DTCC subsidiary Fixed Income Clearing Corporation (FICC), the paper looks at how the FICC’s open access model offers...
