Markets

BofA Invests in Alternative Investment Platform iCapital
BofA Invests in Alternative Investment Platform iCapital
June 23, 2022  |  Investments

Alternative investing FinTech iCapital says it is planning to boost its technical capabilities following new investment from Bank of America. As the company said in...

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Office Depot Parent Rejects Bids, Says Retail and B2B Office Supply Biz Is ‘Better Together’
Office Depot Parent Rejects Bids, Says Retail and B2B Office Supply Biz Is ‘Better Together’
June 21, 2022  |  Retail

A multi-year process that would have put Staples, Office Depot, OfficeMax under one roof was officially rejected Tuesday (June 21), as the board of ODP...

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CE100 Held On as BNPL Firms, Platforms Extend Losses
CE100 Held On as BNPL Firms, Platforms Extend Losses
June 20, 2022  |  Connected Economy

The week that was: a week that many investors wish had not been. The Connected Economy 100 stock index did marginally better than the broader...

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FinTech IPO Index Plummets 13%, Worst Weekly Showing This Year
FinTech IPO Index Plummets 13%, Worst Weekly Showing This Year
June 16, 2022  |  IPO

Perhaps the best thing that could be said about this terrible, no good, lousy week is that … it could’ve been worse. The 13.5% slide...

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Kroger Leverages Data Analytics in the Fight Against Inflation
Kroger Leverages Data Analytics in the Fight Against Inflation
June 16, 2022  |  Earnings

For today’s grocers, rapid food inflation may be the most significant headwind, with skyrocketing food prices resulting in many consumers seeking alternatives. Kroger, the United...

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J.P. Morgan: Apple, Qualcomm No Longer Among Most-Preferred Stocks
J.P. Morgan: Apple, Qualcomm No Longer Among Most-Preferred Stocks
April 01, 2022  |  Market Conditions

Apple and chipmaker Qualcomm have been bumped from J.P. Morgan’s list of most-preferred stocks, analysts said Friday (April 1), as demand continues to slow for...

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Bain Capital Considers Taking Toshiba Private
Bain Capital Considers Taking Toshiba Private
April 01, 2022  |  Markets

Private equity firm Bain Capital is considering a possible sale of Japan’s Toshiba Corp. in a move designed to carry out foreign shareholders’ wish to...

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TPG Sees Shares Surge on First Trading Day
TPG Sees Shares Surge on First Trading Day
January 13, 2022  |  Markets

TPG’s shares have jumped in their first day of trading, the Financial Times reported Thursday (Jan. 13). The private equity group, co-founded by billionaires David...

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Paytm, India’s Largest IPO, Sees Slow Subscriptions
Paytm, India’s Largest IPO, Sees Slow Subscriptions
November 09, 2021  |  IPO

Analysts are concerned about the profitability of the Indian payments provider Paytm, following a day in which subscriptions to the company’s $2.5 billion share offering...

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