-
2 Years Since 'Funding Secured' Firestorm, Musk And Tesla Are Flying High
2020 Aug 07, 1:10pm | 772Read More...It’s been exactly two years since Tesla Inc (NASDAQ: TSLA) CEO Elon Musk posted his infamous “funding secured” tweet that created a firestorm of backlash against Musk and the company. Two years later, a Wall Street buying frenzy in the electric vehicle space has Tesla’s...
-
Kodak's $765M Federal Loan Disclosure For Drug Venture Under SEC Investigation: WSJ
2020 Aug 04, 10:19pm | 424Read More...Eastman Kodak Company (NYSE: KODK) is under investigation by the United States Securities and Exchange Commission surrounding the announcement of a $765 million federal loan for its foray into pharmaceuticals last month, the Wall Street Journal reported Tuesday. What Happened The SEC...
-
What's A Wells Notice — And Why Should Under Armour Investors Care?
2020 Jul 27, 3:11pm | 568Read More...Shares of Under Armour Inc (NYSE: UAA) reversed their early morning losses Monday despite being on the receiving end of a warning from U.S. regulators commonly referred to as a Wells notice. What Happened: Under Armour's ex-CEO and current executive chairman Kevin Plank and CFO David Bergman...
-
AMERI Holdings Provides Update On Pending Transaction With Jay Pharma Inc
2020 Jul 01, 11:01am | 1188Read More...Companies Continue to Progress Towards Transaction Closing ATLANTA, GA - (July 1, 2020) – AMERI Holdings, Inc. (NASDAQ: AMRH) (“Ameri” or the “Company”), announced that the company is continuing to work through the regulatory review process towards finalizing the...
-
Fintech Focus For June 29, 2020
2020 Jun 29, 10:17am | 1810Read More...Daily Perspective: The greatest glory in living lies not in never falling, but in rising every time we fall. - Nelson Mandela Fintech Movers: Ally Financial and CardWorks are terminating their planned $2.65 billion merger, the companies announced Wednesday in a press release. The companies cited...
-
Hertz Abandons Controversial $500M Stock Sale, Seeks Bankruptcy Loan
2020 Jun 19, 5:48am | 281Read More...Hertz Global Holdings Inc. (NYSE: HTZ) on Thursday in a filing with the United States Securities and Exchange Commission said it had abandoned a plan to raise $500 million in a stock offering. SEC Review Led To Sale Abandonment The bankrupt car rental company noted it "determined that it...
-
Hertz Puts Sale Of $500M In 'Worthless' Stock On Hold, Awaits SEC Review
2020 Jun 18, 12:26am | 446Read More...Hertz Global Holdings Inc. (NYSE: HTZ) has put on hold its $500 million share offering as it awaits a review by the Securities and Exchange Commission. What Happened In a filing with the SEC, Hertz revealed that on Monday afternoon, it was informed by the Commission’s Division of...
-
Ex-SEC Chief Pitt Surprised At Investor Gullibility, Says They're Buying 'Garbage'
2020 Jun 16, 11:57am | 381Read More...Securities experts always followed the mantra that companies can sell their "garbage" stock to the public so long as the company acknowledged it is "offering garbage and you shouldn't really buy this but you have the chance to buy it," said ex-SEC Chairman Harvey Pitt. For...
-
This Day In Market History: SEC Goes After Mafia-Linked Stock Manipulators
2020 Jun 14, 8:07am | 267Read More...Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened? On this day in 2000, The Securities and Exchange Commission announced a major crackdown on Mafia affiliates alleged to have conspired with bankers, brokers and money managers to...
-
Tesla To Give Musk $700M In Incentives Payment
2020 May 29, 12:46am | 427Read More...Tesla Inc.’s (NASDAQ: TSLA) CEO Elon Musk has earned a huge tranche of shares as an incentive payment valued over $700 million. What Happened In a regulatory filing to the Securities and Exchange Commission, the automaker disclosed that it would pay Musk in 1.7 million Tesla shares valued at...
SEC News and Filings
