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SEC

Apollo says ex-SEC chief Clayton to take over as chairman from Black
Business & Finance

Apollo says ex-SEC chief Clayton to take over as chairman from Black

  • In the last few months, not only did we announce a transformative merger with Athene, but also expect to report that our first quarter earnings will exceed analyst consensus in all relevant measures.
  • I thus view this as the ideal moment to step back and focus on my family, my wife Debra's and my health issues, and my many other interests.
Published 22 Mar, 2021 07:29pm
US SEC subpoenas Overstock, seeks information on 2019 retail forecast
Markets

US SEC subpoenas Overstock, seeks information on 2019 retail forecast

  • The online retailer and blockchain tech investor is cooperating with the investigation, it said in a regulatory filing, and continues to provide documents requested in the subpoena.
  • Earlier this week, the company posted a surprise quarterly profit and said its revenue soared 84% over the previous year.
Published 26 Feb, 2021 08:36pm
GameStop stock surge hits fourth day, hedge funds walk away
Markets

GameStop stock surge hits fourth day, hedge funds walk away

  • Short-seller Citron, a target for some of the individual traders who have helped drive huge gains for a number of niche Wall Street stocks in the past week.
  • GameStop's stock has surged nearly 700% in the past two weeks, upping the struggling video retailer's market value from $1.24 billion to more than $10 billion.
Updated 27 Jan, 2021 11:24pm