Browsing Category
companies
Fakers, fast sign-ups and fraud: the crisis at the UK’s Companies House | Corporate
It was in June, when she went to get a credit check for a mortgage, that the 20-year-old employee at Japanese beauty brand Shiseido realised something had gone badly wrong.“My credit rating was trashed. Someone had taken out car finance, a business loan and an overdraft, all in my name, with my details,” says the employee, who has asked to…
Read More...
Fintech companies acted with ‘inexcusable misconduct,’ failed to stop COVID fraud, top Dem
David Spunt reports on estimated $100 billion in fraud cases A new government report paints a damning picture about how easy it was for taxpayer money to be fraudulently obtained through Paycheck Protection loans issued during the coronavirus pandemic. The report, released Thursday by the House Select Subcommittee on the Coronavirus!-->-->…
Read More...
3 SEHK Growth Companies With High Insider Ownership And 25% Earnings Growth
The Hong Kong market has recently experienced a significant boost, driven by China's robust stimulus measures aimed at revitalizing its economy. Amid this positive backdrop, investors are increasingly looking for growth companies with high insider ownership and strong earnings potential. In the current market environment, stocks that demonstrate…
Read More...
T. Rowe Price Raises Concerns About News Corp’s Merger With Fox
That resistance creates a delicate balancing act for the Murdoch family, said Eric Talley, a professor at Columbia Law School who specializes in corporate law and governance. The decision to raise concerns about the merger among News Corp investors may be aimed at securing a higher price for their shares. At the same time, Fox shareholders would…
Read More...
TASCO Berhad’s (KLSE:TASCO) largest shareholders are public companies with 65% ownership,
Key InsightsThe considerable ownership by public companies in TASCO Berhad indicates that they collectively have a greater say in management and business strategyNippon Yusen Kabushiki Kaisha owns 65% of the companyOwnership research along with analyst forecasts data help provide a good understanding of opportunities in a stockTo get a sense…
Read More...
Back to Basics, Continued—Why Is the SBA Denying Finance Companies’ “Eligibility” for PPP
For the past several months, we have been seeing consumer finance companies turned down for forgiveness of their PPP Loans based upon the determination of ineligibility for such loans under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). So, notwithstanding that their banks made PPP loans to them in good faith, the SBA…
Read More...
Chewy, Inc.’s (NYSE:CHWY) top owners are private companies with 59% stake, while 27% is
Key Insights The considerable ownership by private companies in Chewy indicates that they collectively have a greater say in management and business strategy The largest shareholder of the company is Argos Holdings L.P with a 59% stake 27% of Chewy is held by Institutions A look at the shareholders of Chewy, Inc. (NYSE:CHWY) can tell us…
Read More...
India’s first private rocket company looks to slash satellite costs
By Nivedita BhattacharjeeBENGALURU, Nov 26 (Reuters) - The startup behind India's first private space launch plans to put a satellite into orbit in 2023 and expects to be able to do so at half of the cost of established launch companies, the founders of Skyroot Aerospace told Reuters in an interview.The Hyderabad-based company, backed by…
Read More...
PayPal CEO’s first year was praised by Wall Street, but hard part starts now for struggling
PayPal CEO Alex Chriss just wrapped up his first year on the job at the payments company, which was in a protracted downturn when he took over. Bolstered by cost cuts and improved margins, the stock jumped 34% in the third quarter, which closed on Monday, its best quarterly performance since 2020. "The news flow has been out of…
Read More...
62 insurance companies sue Inland Power over Gray fire losses
Dozens of insurance companies have joined in filing a lawsuit against Inland Power and Light for damages that resulted from the Gray fire last August.
The suit, filed in Spokane County Superior Court last week, alleges Inland Power was negligent by failing to properly install and maintain electrical equipment that caused the…
Read More...