6 Min Read
LONDON (Reuters) - Some of the world’s biggest sovereign wealth funds and public pension funds are getting caught in the escalating tensions over technology between the United States and China, a Reuters analysis of their filings data and public disclosures show.
FILE PHOTO: A general view of the Norwegian central bank, where Norway s sovereign wealth fund is situated, in Oslo, Norway, March 6, 2018. REUTERS/Gwladys Fouche/File Photo
They range from Norway and Singapore’s giant sovereign wealth funds to Switzerland’s central bank and the $1.1 trillion U.S. TIAA, founded over a century ago by Andrew Carnegie as the Teachers Insurance and Annuity Association of America.
AMC, nation s largest theater chain, dodges going dark with $900M+
Alexander Soule
FacebookTwitterEmail
1of12
AMC Entertainment indicated it will avoid going dark with $917 million in new funding that will allow it to operate “deep into 2021” in its words.Patrick T. Fallon / BloombergShow MoreShow Less
2of12
AMC Danbury theater complex on Monday morning. AMC announced a $917 million in financing that it says will allow it to continue operating into 2021. January 25, 2021, in Danbury, Conn.H John Voorhees III / Hearst Connecticut MediaShow MoreShow Less
3of12
4of12
AMC Danbury theater complex on Monday morning. AMC announced a $917 million in financing that it says will allow it to continue operating into 2021. January 25, 2021, in Danbury, Conn.H John Voorhees III / Hearst Connecticut MediaShow MoreShow Less
Send A shareholders proposal that would require the board of directors at Tyson Foods Inc. of Springdale to report on the company s due diligence in regards to human rights impacts gained 23 supporters.
Want the Full Article? Readers must pay to access articles older than 15 days. Articles newer than 15 days are not included in this offer. Purchase Now
BlackBerry insiders unload shares amid biggest rally in 21 years
Ryan Vlastelica, Bloomberg News VIDEO SIGN OUT
Corporate insiders unloaded shares of BlackBerry Ltd. amid a frenzy of buying that turned it one of the hottest stocks of the new year.
BlackBerry shares rallied about 5 per cent on Friday to extend a seven-day advance to 80 per cent, its biggest such percentage increase since February 2000. Thus far this year, the stock has more than doubled, making it the top performer in the S&P/Toronto Stock Exchange Composite Index. The shares closed at their highest price since March 2018 on Thursday.
At least two BlackBerry executives sold shares amid the advance, according to filings with the U.S. Securities & Exchange Commission. Chief Marketing Officer Mark Wilson on Jan. 20 sold more than US$990,000 of BlackBerry stock, reducing his directly owned shares by nearly 60 per cent. Chief Financial Officer Steve Rai also sold nearly US$430,000 of the stock on the same day,