Cuts Dominion Energy Midstream Partners (DM) Price Target to $33.00
Admiral Group (LON:ADM) Receives Add Rating from Peel Hunt
No Banking Regulator Can Catch or Prevent All Frauds: Urjit Patel
BMO Capital Markets Lowers Celgene (NASDAQ:CELG) Price Target to $139.00
The Marathon Patent Group (MARA) Sees Large Volume Increase
SoftBank in talks with Swiss Re for minority stake
10 February 2018, 09:39 | Joann Bryant
Bloomberg’s Pavel Alpeyev reports on SoftBank’s possible purchase of a stake Swiss Re
That would translate to at least $10 billion. The company may try to offer Swiss Re's insurance products directly to consumers, including to people who drive for Uber Technologies Inc. or utilize office space from WeWork Cos., two of its investments, according to the Wall Street Journal, which reported the discussions earlier.
The company added that the negotiations are at a "very early stage".
The reinsurance giant said in a press release, "Swiss Re informs that it is engaged in preliminary discussions with SoftBank Group Corp. There is no certainty that any transaction will be agreed, nor as to the terms, timing, or form of any transaction", said. It is yet unknown whether SoftBank Group itself or the investment fund will buy the Swiss Re stake.
Softbank's CEO, Masayoshi Son, recently said the investments are part of his plans to secure the long-term growth and health of Softbank for the "next 300 years".
Trading Focus for Match Group Inc CS (MTCH)
Patterson-UTI Energy, Inc.is a part of Basic Materials sector and belongs to Oil & Gas Drilling & Exploration industry. Analysts are turning out to be more optimistic than before, with 20 of analysts who cover Patterson-UTI Energy, Inc.
'Night to Shine' prom comes to local church
Friday evening South Ridge Church in Fairmont was one of the many across the world that hosted the " Night to Shine " event. Tebow is a truly phenomenal person who has impacted so many lives in so many touching ways through his charitable works.
Basic Trading Data for Adobe Systems Incorporated (ADBE)
It improved, as 3 investors sold CLIR shares while 4 reduced holdings. 37 funds opened positions while 61 raised stakes. Adobe Systems Incorporated stock acknowledged attractive focus from Investors and it has been trading on front line.
Royal Dutch Shell Plc (RDSB.L) Shares Needle Moving -1.26%
On the other side, a stock may be considered to be in a downtrend if trading below the moving average and sloping downward. Latest trading price was -2.92% downbeat to its 50-day moving average and above 5.83% to its 200-day moving average.
Turkey fulfills all obligations to EU
AP reported that it could not immediately reach the European Commission, which verifies compliance, for comment. The EU Commission will assess Turkey's position paper in terms of meeting its requirements.