Business

Spotify shares jump in record-setting direct listing

Spotify shares jump in record-setting direct listing

The shares quickly wobbled in their first hour of trading, though remain well above the NYSE's reference price of $132. Spotify's shares opened at a price of United States dollars 165.90, only to fall back in the course of the day to USD 149 at close, CNBC reported.


Trump launches attack on Amazon

Trump launches attack on Amazon

Trump has repeatedly expressed his disliking for the Amazon . It is unclear how Trump would try to levy new taxes against Amazon , but Congress is already considering legislation on the issue of how to tax internet purchases. First class mail, the Postal Service's top revenue stream, continues to decline each year, while high labor costs and ballooning pensions add billions in expenses.


Ad group WPP to probe alleged misconduct by CEO Martin Sorrell

Ad group WPP to probe alleged misconduct by CEO Martin Sorrell

He said: "Reports in the media have stated that WPP is investigating an allegation of financial impropriety by me, specifically as to the use of company funds". I reject the allegation unreservedly but recognize that the company has to investigate it. He has been chief executive of the company for more than three decades.


Juventus 0 Real Madrid 3: Ronaldo magic puts holders in command

Juventus 0 Real Madrid 3: Ronaldo magic puts holders in command

Dybala floated a free-kick into the Real Madrid penalty area, where Gonzalo Higuain connected with the ball full-on inside the six-yard box, only for Navas to throw out an arm and deflect it away. Zidane won two Serie A titles as a player at Juve between 1996-2001. The aforementioned red card for Dybala after his second yellow left Juventus down a man, already trailing 2-0, but the bigger impact will be his absence in the return leg.


Santos gets improved takeover offer from Harbour Energy

Santos gets improved takeover offer from Harbour Energy

The offer values Santos at US$4.98 per share, or A$6.50, per share, a 28 percent premium to the company's last closing share price of A$5.07. "Directors therefore advise that Santos shareholders take no action in relation to the Harbour proposal at this time", the company said.


Extremely Informative Stock: General Motors Company (NYSE:GM)

Extremely Informative Stock: General Motors Company (NYSE:GM)

Nomura Holding holds 0.06% in General Motors Company (NYSE:GM) or 818,941 shares. It also increased its holding in Annaly Cap Mgmt Inc Com (NYSE:NLY) by 311,466 shares in the quarter, for a total of 333,151 shares, and has risen its stake in Vanguard Index Fds Sml Cp Grw Etf (VBK).