$ENRNQ News

Last published 1y ago

1y agoJPM ZION WAL ENRNQCockroaches in the Coal MineOaktree Capital
5y agoGS BLK BABA ENRNQ+1Down Is Still Up for Foreign Investors Piling Into ChinaBloomberg
5y agoAAPL NFLX MSFT AMZN+2Indian Trio Reap $500 Million Each Selling Payments StartupBloomberg
5y agoWMT GE MKTY ENRNQ+5Plug Power’s Wild Ride Through Cleantech's Booms and BustsBloomberg
5y agoENRNQ NYTMcAfee’s Death Complicates U.S. Efforts to Seize His AssetsBloomberg
5y agoENRNQ TSLA FPI DKNG+3Stock Market: Reddit Investors Hate Short Sellers, But Market Needs ThemBloomberg
5y agoENRNQSEC’s Gensler Removes Head of U.S.’s Top Accounting RegulatorBloomberg
5y agoJD LKNCY ENRNQ BIDU+1Why U.S. Threatens to Delist China Stars Like Alibaba: QuickTakeBloombergSome big-name Chinese stocks could eventually be kicked off the New York Stock Exchange and Nasdaq if they refuse to let U.S. regulators see their financial audits. An effort by the U.S. Securities and Exchange Commission to gain access to audits of overseas companies, which began under former President Donald Trump, is continuing under President Joe Biden. Alibaba Group Holding Ltd. and Baidu Inc ...
5y agoBIDU BABA ENRNQSEC Starts Implementing Law That Risks Chinese Stock DelistingsBloombergThe threat of Chinese stocks being kicked off U.S. exchanges is gaining traction, with the Securities and Exchange Commission starting to implement a law passed at the end of the Trump administration.
5y agoENRNQ WMT M GMEShort Sellers Need a New Playbook for Picking StocksBloombergWith Covid-19 vaccinations accelerating and the government aiming for trillions of dollars in new spending, the old slow-growth targets are a bad bet.
5y agoENRNQ AMC GMEWall Street Mania Poised to Spur SEC Focus on Apps, Shorts, T+2BloombergSmartphone apps, short-selling rules and steps to ensure broker solvency are all sure to get a closer look from Washington policy makers once the dust settles on the market turmoil that has buffeted GameStop Corp. and silver since the start of the year.
5y agoENRNQ BIDU BABATrump Signs Bill That Could Remove Chinese Stocks From U.S.BloombergPresident Donald Trump on Friday signed legislation that could kick Chinese companies off of U.S. exchanges unless American regulators can review their financial audits, a move likely to further escalate tensions between the two countries.
5y agoENRNQPaul Sarbanes, U.S. Senator Who Co-Wrote Anti-Fraud Law, Dies at 87BloombergPaul Sarbanes, the former U.S. senator who co-wrote the Sarbanes-Oxley Act that established the first-ever accounting oversight board following the corporate fraud that toppled Enron and WorldCom, has died. He was 87.
5y agoFB GOOGL AAPL ENRNQ+2Tesla Bear Jim Chanos Says He’d Tell Elon Musk ‘Job Well Done’BloombergJim Chanos has been short Tesla Inc.’s stock for five long years. And although he’s reduced the size of the trade, he’s not done with it yet.
5y agoENRNQ LKNCY BIDU BABAHouse Will Vote on Bill Restricting Chinese Firms Listed in U.S.Bloomberg
5y agoENRNQ LKNCY BIDU BABASEC Pushes Urgent Plan That Could Delist Chinese CompaniesBloombergThe U.S. Securities and Exchange Commission is pushing ahead with a plan that threatens to kick Chinese companies off U.S. stock exchanges, setting up a late clash between Washington and Beijing as the Trump administration winds down.
6y agoNFLX C BIDU ENRNQ+5Pushing for More Scrutiny of Chinese Stocks Traded in the U.S.BloombergInvestor advocates doubt that the political momentum is enough to overturn years of government inaction.
6y agoENRNQ BIDU LKNCY BABA+1Vanguard, NYSE Set to Weigh In on U.S. Crackdown on China FirmsBloombergVanguard Group Inc., the New York Stock Exchange and Nasdaq Inc. are about to get the chance push back on an escalating risk to their bottom lines: threats from Capitol Hill and the Trump administration to dramatically curtail U.S. investments in Chinese companies.
6y agoENRNQ EIX PCGPG&E Rescue Fund Bond Sale Delayed by Drop in Power DemandBloombergThe coronavirus-related economic shutdowns have led to one arcane consequence: delaying California’s sale of $10.5 billion in bonds to finance future wildfire costs.
6y agoENRNQAs Wirecard Stock Crashes, Analysts Finally Pull Buy RatingsBloombergMore than a year after allegations of forgery and fraud at German payments company Wirecard AG, analysts have decided the stock isn’t worth buying -- now that it’s lost more than three-quarters of its value in two days.
6y agoENRNQ BIDU BABA LK+2Stock Delisting Offers U.S. a Tempting Target in China TensionsBloombergPolitical momentum intensified this week to curtail investments in Chinese companies, in the latest sign that tensions between the world’s two largest economies have reignited.
6y agoBLK GS ENRNQ IVZNuveen’s Miller Dominated Junk Muni Funds, Then They CrashedBloombergThe star fund manager says he’s made it through tough times before and expects a rebound this time, too.
6y agoGS ENRNQChina Navigates the Latest Threat to Its Debt-Fueled BoomBloombergBeijing’s balancing act collides with coronavirus and the trade war.
6y agoENRNQEnron Relic Blocks India Producer’s Bid for Bankrupt Power PlantBloombergNTPC Ltd.’s bid to buy an indebted power plant is being blocked by rules requiring the Indian state generator to first clear dues at its own unit, according to people with information on the matter.
6y agoENRNQStar Commodity Hedge Fund Lost 51% in 2019BloombergNorthlander Commodity Advisors LLP suffered a 50.6% plunge last year, a spectacular reversal from its 2018 position as a darling of the hedge fund industry.
6y agoENRNQAndrew Fastow, Who Helped Bring Down Enron, Saw Himself as ‘Hero’BloombergAndrew Fastow, who was at the center of the fraud which brought down Enron Corp., said he now accepts full responsibility for his actions after originally viewing himself as a “hero” while chief financial officer at the energy trading giant.
8y agoAONE C GS ENRNQLehman's Carcass Has Handed Huge Profits to Distressed FundsBloombergIt was a bold move: buy at Lehman Brothers’s darkest hour. But a decade after Lehman’s collapse, a handful of hedge funds that bought up the bank’s debt for pennies on the dollar have made even more money than seemed possible.
8y agoENRNQ‘I Was Cheated’: Tales From the Collapse of a Commodity GiantBloombergFrancis Tay feels cheated.
8y agoAONE ENRNQ TSLAWall Street's Yearning for Quick Tesla Verdict Hits SEC SnarlBloombergAs the bizarre Tesla Inc. go-private saga enters its ninth day, many investors are wondering when regulators will decide whether Elon Musk broke the rules by dripping out details so haphazardly.
8y agoENRNQ GM LYFT INTC+2Musk Says He’s ‘Flattening’ Tesla Structure With Defections MountingBloombergElon Musk has said the “short burn of the century” is coming soon to investors betting against Tesla Inc. He’s rapidly losing top deputies to help him deliver on that prediction.
9y agoENRNQ F GM TSLATesla Just Passed BMW in Market CapBloombergBMW AG makes ultimate driving machines, but Tesla Inc.’s stock is the one that’s motoring.
9y agoBRK/A LEHMQ ENRNQ F+3Einhorn Says Tesla Investors ‘Hypnotized’ in Dot-Com-Like BubbleBloombergHedge fund manager David Einhorn said markets are too optimistic about Tesla Inc.’s prospects for expanding electric-car sales as stockholders put irrational faith in Chief Executive Officer Elon Musk.
9y agoCVX ENRNQ C XOMShell’s CFO Pick Leaves Most Analysts Asking Simply ‘Who?’BloombergRoyal Dutch Shell Plc’s appointment of Jessica Uhl as finance chief on Thursday posed one simple question for many of the analysts who follow Europe’s largest oil company: “Who?”
10y agoMORN BLK AONE ENRNQ+1The Real Reason Investors Are Backing the Tesla-SolarCity DealBloombergElon Musk’s publicly traded companies have burned through close to $2 billion this year, and he needs billions more just to bring his next Tesla electric car to market on schedule.
12y agoENRNQ JNPR RVBD DELL+4EMC Gets New Call From Elliott to Spin Off VMware UnitBloombergEMC Corp. faces a renewed, now public call from activist shareholder Elliott Management Corp. to split from its software company VMware Inc., in the wake of recent spinoff announcements by Hewlett-Packard Co. and EBay Inc.
12y agoAMGN PFE BAC ENRNQ+1U.S. High Court Seeks Middle Ground on Shareholder SuitsBloombergU.S. Supreme Court justices sought out a middle ground to preserve class-action shareholder lawsuits as they heard a case testing the legal rules that have fostered thousands of cases over the past quarter century.
13y agoEIX ENRNQCalifornia Power Facing Biggest Test Since Enron: Energy MarketsBloombergCalifornia may face the biggest regional power shortages in more than a decade this summer, sending wholesale prices higher, as idled nuclear reactors and low hydroelectric output cut generating capacity.
14y agoENRNQ AONE ORCL GEBatista Loses $15 Billion as Brazil Awakes From DreamBloombergWhen Eike Batista pitched investors on $6 billion in stock offerings over the past six years, he was selling more than his personal empire of interlinking commodity startups. He was selling Brazil.
14y agoENRNQ MSMorgan Stanley Pushed S&P to Boost Ratings, Investors SayBloombergMorgan Stanley successfully pressured Standard & Poor’s and Moody’s Investors Service Inc. to give erroneous investment-grade ratings in 2006 to $23 billion worth of notes backed by subprime mortgages, investors claimed in a lawsuit, citing documents unsealed in federal court.
14y agoMCD ENRNQ RATE MS+2Brazil Bulls Capitulate as State Intervention Spurs OutflowsBloombergBrazil’s efforts to boost economic growth with the most aggressive interest rate cuts are driving away investors, reducing equity valuations to five-year lows and fueling the world’s biggest currency tumble.
15y agoMRVL HLT AKAM AMD+6Raj Rajaratnam Gets 11-Year Prison Term for Insider TradingBloombergRaj Rajaratnam, the Galleon Group LLC co-founder whom prosecutors called “the modern face of illegal insider trading,” was sentenced to 11 years in prison, one of the longest terms ever for insider trading, though less than half of the maximum sought by the government.
15y agoENRNQ CCME YONG MSMorgan Stanley Invests $50 Million in Short-Sale Mark YongyeBloombergMorgan Stanley agreed to invest $50 million in Yongye International Inc., the U.S.-traded producer of plant nutrients in China that is the target of a short seller who says the company has misrepresented its business.
15y agoENRNQ BRK/A GE JNJ+10Gupta Secretly Defied McKinsey Before SEC’s Tipster AccusationBloombergOn a sunny Friday afternoon in June 2003, Rajat Gupta was greeted at his waterfront home in Westport, Connecticut, by scores of his McKinsey & Co. partners. They had come from London, Frankfurt, New Delhi and other cities around the world -- and brought along an elephant, which they tethered on the front lawn.
15y agoGS AONE ENRNQ JPM+2Lehman Defies Bankruptcy to Become a Business AgainBloombergLehman Brothers Holdings Inc. is a business again two years after declaring the biggest bankruptcy in history, with billions of dollars in cash, 500 employees, real estate and investments in other bankruptcies.
16y agoGS AAPL NYT LGF/A+4Oracle, Skilling, Kissel, PPL, Galleon, JPMorgan in Court NewsBloombergOracle Corp., in a trial that began yesterday against SAP AG, wants at least $2.3 billion in damages for what its German rival acknowledges were a now-defunct unit’s “inappropriate” downloads of Oracle materials.
16y agoTBBK ADELQ ENRNQ BX+5Halliburton, Wells Fargo, Oracle, Black, H&R in Court NewsBloombergHalliburton Co. was ordered to turn over cement used on the Deepwater Horizon project in connection with a probe into the cause of the Gulf of Mexico oil spill. A federal judge in New Orleans issued the order on Oct. 27.