City Point Financial News

11.05 / 20:49

Provident security WhatsApp film stars rights Twinless: All you may want to know about cast, storyline and production team

Lauren Graham and Aisling Franciosi have been added to the cast of the upcoming movie Twinless, produced by Three Point Capital and David Permut Productions. They will star alongside Dylan O’Brien and James Sweeney in this heartfelt story.

22.01 / 20:03

COST Manufacturing DISH President reports Tide among household basics that could see price hikes due to U.S. tariffs

U.S. consumer goods maker Procter & Gamble PG.N will again look to hike prices on its household basics such as Tide detergent if President Donald Trump imposes new tariffs that increase the cost of imports, an executive said Wednesday.

15.08 / 04:40

UPS Reuters CEO Software Trade reports Cisco sees recovery in equipment demand, cuts 7% jobs globally

Cisco Systems said on Wednesday it was witnessing rebounding demand for its networking equipment and announced a 7% cut in its global headcount to focus on high-growth areas such as AI and cybersecurity. Shares of the company were up 5% in extended trading after it forecast upbeat current-quarter revenue. «Inventory digestion is complete and we're now returning to a more normalized demand environment,» CEO Chuck Robbins said on an analyst call.

14.06 / 11:59

markets BlackRock trends reports gatherings rowing Alternative asset managers M&A is gathering pace

Consolidation is gathering pace in the alternative asset management industry as major players assert their dominance and expand.

19.03 / 22:49

markets UPS Manufacturing Courts Investigations International court approval Drugmaker Endo receives US court approval for bankruptcy restructuring

(Reuters) — Bankrupt drugmaker Endo International (OTC:ENDPQ) said on Tuesday a U.S. Bankruptcy Court has approved its restructuring plan and related opioid settlements to emerge from bankruptcy, which began in 2022.

11.03 / 22:15

Citi Cooper Career security wellness reports Investigations Broker Former Wells Fargo indie broker is barred by Finra

A former Wells Fargo broker registered with its independent firm from 2019 through last year agreed Friday to being barred from the securities industry after he failed to cooperate with an investigation by the Financial Industry Regulatory Authority Inc.

19.01 / 11:33

MARKET BlackRock Bitcoin Etf Expert Opinions: Massive Inflows to Follow Spot Bitcoin ETF Approval, Bull Market Questionable

Talking with Cryptonews, three experts have shared their views on spot Bitcoin ETFs trading volumes.

24.11 / 20:37

Hollywood ETF Gap track voice US retail ETFs deliver solid Black Friday gains

By Bansari Mayur Kamdar and Suzanne McGee

10.11 / 03:19

Provident CEO Fighting Nov Byju’s lenders win fight over loan default, control of unit

Byju’s, once one of India’s hottest tech startups, properly cited a default on a $1.2 billion loan when taking over control of a unit of the education-technology provider, a Delaware judge concluded. The lenders – which include Redwood Investments LLC and Silver Point Capital LP – were within their contractual rights to replace a relative of company founder Byju Raveendran on the board of Byju’s Alpha, a special-purpose company formed for financing purposes, with their nominee, Delaware Chancery Court Judge Morgan Zurn ruled.

31.10 / 11:39

Provident Strategy BURST President Celebrity show reports Are white-knuckle traders a dying breed in macro funds?

Just a few years ago, Glen Point Capital co-founder Neil Phillips was celebrated as an aggressive but canny trader in the mold of one of his macro hedge fund’s main investors, George Soros.

26.10 / 15:57

Target Mobile Parke President Comcast performer reports Customer Comcast posts surprise broadband customer loss, results top estimates

By Helen Coster and Samrhitha A

29.09 / 12:33

UPS reports recommendations Short seller Spruce Point sees up to 75% downside risk for Samsara Inc shares

Samsara Inc (NYSE:IOT) shares are down around 1.1% in premarket Friday after Spruce Point Capital released a short report on the stock on Thursday.

22.09 / 11:39

business regulation Investments FTX Court Bankruptcy Ftx Claims Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report

The bankruptcy claims market has been growing bullish on the debts of the collapsed cryptocurrency exchange FTX as major credit investors have been rushing to buy FTX debts.

05.08 / 02:43

Provident Waves Fighting Covenant Lawyer Byju’s lenders accused by lawyer of using bogus loan-default claims to take control

startups, Byju’s, created bogus default claims tied to $1.2 billion in loans as part of a scheme to gain control of the education technology provider, the firm’s lawyer told a judge. The distressed-debt lenders are “playing hardball" to create leverage in negotiations to restructure the loans and causing problems for Byju’s executives, Sheron Korpus, a lawyer for the Bengaluru-base company, said at a hearing in state-court in Delaware Friday. Lenders, including US investment firms Redwood Investments LLC and Silver Point Capital LP, are “making extortionate demands" of Byju’s, putting the ed-tech firm “under a lot of pressure," Korpus told Delaware Chancery Court Judge Morgan Zurn.

26.07 / 18:25

COST Aware Manufacturing Fighting show performer Hedge Funds Seek to Cut Off $1 Billion Meant for Opioid Victims

A group of hedge funds is devising a plan to cut off about $1 billion meant to help victims of opioid addiction, opening the way to keep some of the money for themselves. Mallinckrodt, one of America’s largest manufacturers of opioids, last year agreed to pay $1.7 billion to resolve thousands of lawsuits brought by state and local governments and opioid-addicted individuals, who accused the company of helping cause a public-health crisis.

17.07 / 14:19

UPS Target Platform Strategy Metro advisers Investa reignites $1.5b build-to-rent strategy; hires advisers

The rush is on in the booming build-to-rent sector, and the $16 billion Investa, run by Peter Menegazzo, does not intend to be left behind.

02.09 / 16:49

Southern How midnight forex trading in Singapore led to a London hedge fund founder’s arrest in Spain

Hedge fund Glen Point Capital was thrown into the headlines this week when its co-founder and co-chief investment officer Neil Phillips was arrested in Spain over a string of charges relating to wire fraud, commodities and foreign exchange manipulation.

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