Category: Financial Services

BlackRock Lends 46 Million Shares as Shorts Target Toshiba

BlackRock Inc., the third-biggest owner of the embattled Japanese company, indicated in a report to the finance ministry that there’s been a huge increase in the stock it has out on loan. The world’s largest money manager said about 46 million Toshiba shares owned by its units, or about one-fifth of its total stake, are temporarily being held by others.

10 Things to Know for Thursday

This Feb. 26, 2017 file photo shows Martha L. Ruiz, left, and Brian Cullinan from PricewaterhouseCoopers at the Oscars in Los Angeles. Film academy president Cheryl Boone Isaacs says the two accountants responsible for the best picture mistake will not work the Oscars again.

Pepper the friendly android is now rolling up and down the fashion runway

SoftBanks’ friendly humanoid robot, Pepper, is showing up in an increasing number of locations since its launch in June, 2015. The amiable bot has been spotted toiling away in phone stores , hospitals , train stations , and airports around the world, helping visitors with basic questions, as well as entertaining them with its range of talents that include singing, dancing, and telling jokes.

Limited Edition Seiko Steve Jobs Watch

Or at least, a really good imitation of it. Thanks to a new partnership between Japanese watch maker Seiko and Tokyo-based retailer Nano Universe, you’ll be able to get your hands on a limited edition of Chariot series watches .

Press release distribution, EDGAR filing, XBRL, regulatory filings

Investors who p… )–Internationally acclaimed real estate tycoon, Marcus Hiles has gained momentum for radically changing Texas’ property landscape to reflect what today’s renters demand: free… How Those Impacted by the 2015 Cyber Attack Against Anthem Who Were Under 18 at the Time Can Get a Credit Freeze )–Anthem is offering a special minor credit freeze program to parents and legal guardians of minors whose information was involved in the 2015 cyber attack against the … Patient Safety Movement Foundation Founder Joe Kiani Honored with Two Special Awards at 5th Annual World Patient Safety, Science & Technology Summit )–Patient Safety Movement Foundation Founder Joe Kiani Honored with Two Special Awards at 5th Annual World Patient Safety, Science & Technology Summit SHAREHOLDER ALERT: Goldberg Law PC Announces an Investigation of Graa y Montero SAA and Advises Investors with … (more)

Marketlend Appoints Brad Pattelli as Non-Executive Director

Marketlend , Australia’s leading peer-to-peer trade credit platform, today announced that it has appointed Brad Pattelli as a non-executive member of its board of directors. Pattelli brings decades of experience as an investor in a broad range of businesses, multiple prior public and private board roles, and significant expertise in the P2P arena as the former President of LC Advisors, a subsidiary of LendingClub, the award-winning online platform.

The Next Financial Crisis Might Be in Your Driveway

Lured by low interest rates, low gas prices, and a crop of seductive vehicles that are faster, smarter, and more efficient than ever before, American drivers are increasingly riding in style. Don’t be fooled by the curb appeal, though-those swanky machines are heavily leveraged.  The country’s auto debt hit a record in the fourth quarter of 2016, according to the Federal Reserve Bank of New York, when a rush of year-end car shopping pushed vehicle loans to a dubious peak of $1.16 trillion.

FTC Subprime Auto Lending Investigation Could Be Early Sign Of A Deteriorating Market

Credit Acceptance Corp. shares are down more than 5.1 percent on Friday after Bloomberg reported that the Federal Trade Commission has requested information from the company regarding its use of ignition kill switches and GPS systems in debt collection. Kill switches in vehicles allow lenders to turn off vehicles when borrowers fall behind on payments, and GPS tracking allows lenders to easily locate vehicles for repossession.

SoftBank to buy Fortress Investment for $3.3B

SoftBank to buy Fortress Investment for $3.3B Japanese telecom giant snaps up asset manager Check out this story on USATODAY.com: http://usat.ly/2lNndpe The logo of Japanese mobile provider SoftBank is displayed at an entrance of a shop in a Tokyo shopping district. Fortress will operate within SoftBank as an independent business headquartered in New York.

Arista Networks (ANET) – Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Arista Networks in the last few weeks: 2/3/2017 – Arista Networks was downgraded by analysts at Craig Hallum from a “buy” rating to a “hold” rating. 1/25/2017 – Arista Networks is now covered by analysts at DA Davidson.

GE Inaugurates Redhill (Stafford) Manufacturing Facility, UK

GE Energy Connections inaugurates its new Redhill Grid Automation manufacturing facility in Stafford, UK in the presence of Stafford MP, Jeremy Lefroy. Present in the UK for close to a century, this facility heralds a new phase for its Grid Solutions business, being selected as a pilot for GE’s digital ‘ Brilliant Factory ‘ programme.

GE Inaugurates Redhill (Stafford) Manufacturing Facility, UK

GE Energy Connections inaugurates its new Redhill Grid Automation manufacturing facility in Stafford, UK in the presence of Stafford MP, Jeremy Lefroy. Present in the UK for close to a century, this facility heralds a new phase for its Grid Solutions business, being selected as a pilot for GE’s digital ‘ Brilliant Factory ‘ programme.

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‘s stock had its “hold” rating restated by SunTrust Banks, Inc. in a research report issued to clients and investors on Wednesday. A number of other equities analysts have also recently commented on the stock.

Rackspace Cutting 6% of US Workforce

Rackspace, which is facing pressure from competitors as its tries to stabilize and grow its own cloud computing business, is cutting about 6% of its US workforce, as well as a number of positions overseas. The news comes from a February 7 blog post by CEO Taylor Rhodes, who recently oversaw Rackspace’s $4.3 billion transition from a public to a private company.

Thiel not running, despite PAC, spokesman says

A spokesman for Peter Thiel insists the Silicon Valley billionaire is not running for governor, despite a mysterious Federal Election Commission filing this month from a new political action committee whose name – “Draft Peter Thiel For Governor” – might suggest otherwise. Weeks before the PAC filing on Feb. 4, speculation swirled that Thiel – PayPal co-founder, Republican and adviser to President Trump – was contemplating a run in 2018.

Google Ventures, BMW, Lowe’s Invest in Desktop Metal

Desktop Metal, an emerging startup with the mission to bring metal 3D printing to all design and manufacturing teams, announced today it has raised a total of $97 million in equity funding since its founding in October 2015. The announcement comes as the result of the latest Series C investment of $45 million, led by GV , as well as BMW i Ventures and Lowe’s Ventures.

Snap Pays $2B for Google Cloud Services

When Snap Inc. , the parent company of social media app Snapchat, filed its IPO paperwork with the US Securities and Exchange Commission on Feb. 2, the company unveiled a number of new details about its inner workings, including how it uses cloud computing to support its business. Specifically, Snap is paying Google and its Google Cloud Platform $2 billion over the course of the next five years for a variety of services, including storage, compute power and bandwidth.