Stock Analysts

Uber’s (UBER) Co-Founder Kalanick Divests Nearly Entire Stake

Uber Technologies UBER co-founder and former CEO Travis Kalanick’s sell-off spree has reached a level where he is on the verge of divesting his entire stake in Uber over the next few days. Following Uber’s lock-up expiration on Nov 6, Kalanick sold shares worth more than $2.5 billion. In his latest round of sale, he sold shares worth $383 million last week. […]

Stock Analysts

Shell Hits Gas & Condensate in Bratwurst-1 Exploration Well

Royal Dutch Shell PLC RDS.A has been successful in finding gas and condensate in Bratwurst-1 exploration well at its Browse Basin offshore Western Australia. Drilling of this new discovery under the title AC/P64, located 160 kilometers northeast of the Shell-owned Prelude, was completed on Dec 4. This 78-day campaign was concluded within a year and a half from the time of bidding and 12 months from winning the title award. […]

Mergers & Acquisitions

Bancolombia S.A. Announces Expiration and Final Tender Results for Citigroup Global Markets Inc.’s Tender Offer for Bancolombia’s 6.125% Subordinated Notes Due 2020 and 5.125% Subordinated Notes Due 2022

Bancolombia S.A. Announces Expiration and Final Tender Results for Citigroup Global Markets Inc.’s Tender Offer for Bancolombia’s 6.125% Subordinated Notes Due 2020 and 5.125% Subordinated Notes Due 2022 PR Newswire MEDELLIN, Colombia, Dec. 24, 2019 MEDELLIN, Colombia , Dec […]

Stock Analysts

Ashland (ASH) to Realign Business Operations Starting 2020

Ashland Global Holdings Inc. ASH is set to change the way it manages the business from a functionally-led organization to a business-unit focused company starting second-quarter fiscal 2020. Per management, the change acknowledges the fact that it has a diverse business portfolio with different value propositions, with respect to the markets served […]

Stock Analysts

Canadian Solar (CSIQ) Completes 1.98 MWp Project in Taiwan

Canadian Solar Inc. CSIQ recently announced that it has completed its first solar project in Taiwan, named Hualien Rongkai, which has a generation capacity of 1.98 megawatt peak (MWp). The project started its commercial operations from Dec 13 and is expected to generate approximately 2,505 megawatt hour (MWh) of solar electricity per year. […]