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Tag: assets

Why Boeing is trying to sell off assets

Boeing Co. is considering asset sales to improve its weak financials by selling off non-core and unprofitable units, the Wall Street Journal reported on Sunday. The newspaper reported, citing people familiar with the deal, that the company reached an agreement last week to offload a small defense unit that makes surveillance equipment for the U.S. […]

Georgia election workers move closer to collecting Rudy Giuliani’s assets 

Two Georgia election officials are working hard to recover a $146 million defamation judgment against Rudy Giuliani, with the former New York mayor under investigation amid a series of financial problems. After the 2020 election, Ruby Freeman and Shay Moss, who were at the center of Mr. Giuliani's baseless mass voter fraud accusations, told a […]

Gulf States Looking to Protect Oil Assets by Playing Nice with Iran

Reuters reported on Thursday that Gulf states are concerned that an escalation between Iran and Israel could lead to attempts to engage Gulf states, threaten oil facilities and co-opt Iran. Iranian President Masoud Pezeshkian was in Doha for talks with the Gulf Cooperation Council (GCC), which includes Qatar, Bahrain, Kuwait, Oman, Saudi Arabia and the […]

Pentagon Rushes More Air, Land, and Sea Military Assets to Middle East

US coalition forces move into the Middle East to thwart an Iranian response, as Israel intensifies air operations against Hezbollah and launches ground operations in southern Lebanon to dismantle terrorist outposts threatening Israeli communities. U.S. and Israeli officials said the plane was being rushed to the United States. Monday. Pentagon spokeswoman Sabrina Singh said the […]

Assets in actively managed ETFs top $1 trillion worldwide – Yahoo Finance

Written by Suzanne McGee (Reuters) – Assets in actively managed exchange traded funds (ETFs) around the world reached a record $1 trillion at the end of August, boosted by a wave of deregulation and product innovation, data provider ETFGI said. did. Active ETFs aim to outperform the index they benchmark against, such as the S&P […]

Firms jostle to sell alternative assets to wealthy investors – Financial Times

The race is on to sell unlisted assets to wealthy private investors. Leading custody bank BNY on Monday announced plans for a platform that will make it easier for financial advisers to buy and manage investments across a range of well-known private equity, private debt and infrastructure companies for their clients. This follows three highly […]

Big Lots files for bankruptcy, to sell assets to buyout firm

Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection after struggling with declining consumer spending and sluggish sales. The Columbus, Ohio-based company plans to sell its assets and ongoing operations to private equity firm Nexus Capital Management. Big Lots, which sells furniture, home decor and other products, said in a statement on Monday […]

Intel CEO to pitch board on plans to shed assets, cut costs, source says

Intel Chief Executive Officer Pat Gelsinger and key executives plan to present a plan to the company's board later this month to cut nonessential businesses and restructure capital spending in an effort to revive the chipmaker's once-dominant position, according to people familiar with the matter. The plan also includes ideas about how to cut overall […]