Coinbase listing marks latest step in crypto's march to the mainstream
LONDON (Reuters) -Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, will list on the Nasdaq on Wednesday, marking a milestone in the journey of virtual currencies from niche technology to mainstream asset.
Legion pushes board fight at OneSpan after settlement offer rejected
BOSTON (Reuters) - Legion Partners Asset Management on Wednesday said it is pushing ahead with a proxy contest to seat four directors on OneSpan's board after the cybersecurity firm rejected a settlement proposal from the activist investment firm.
How to think like a breadwinner
NEW YORK (Reuters) - While men have traditionally held the title of "breadwinner," times are changing. These days, moms are the sole or primary provider for their households more than 40% of the time.
Activist investor Legion Partners nominates 7 directors to Genesco board
BOSTON (Reuters) - Activist investor Legion Partners Asset Management LLC has nominated seven directors to sit on specialty retailer Genesco Inc's eight-person board, according to a letter made public in a filing on Monday.
Exclusive: BlackRock, Mustier's blank-check firm eye Credit Suisse fund management arm - sources
ZURICH (Reuters) - BlackRock and Jean-Pierre Mustier's blank-check firm are among investors expressing interest in Credit Suisse's asset management arm, three sources told Reuters, as the Swiss lender explores options for the unit after a run of costly scandals.
Hedge fund Melvin Capital lost 49% on its investments in Q1 -source
BOSTON (Reuters) -Melvin Capital, the hedge fund at the center of the GameStop trading frenzy, lost 49% on its investments during the first three months of 2021, a person familiar with the matter said on Friday.
Schwab sues former client after accidental transfer of $1.2 million
NEW YORK (Reuters) - Charles Schwab Corp is suing one of its former customers after the retail brokerage allegedly sent more than $1.2 million to an account of the Louisiana woman and then could not get the money back.
Melt up? More money poured into stocks in past 5 months than last 12 years
LONDON (Reuters) - Equity funds have attracted more than half a trillion dollars in the past five months, exceeding inflows recorded over the previous 12 years, according to data from BofA, which has likened the stampede to a "melt-up" in markets.
Proxy adviser ISS backs one of Ancora's board nominees at Blucora
BOSTON (Reuters) - Proxy adviser Institutional Shareholder Services (ISS) on Friday said Blucora Inc shareholders should vote for one of Ancora Holdings Inc's four nominees for the Blucora board after the activist investor urged the company to explore strategic alternatives for the tax services business.
Exclusive: GameStop's strong stock performance triggered board director's exit
(Reuters) - Hestia Capital Partners LP managing director Kurt Wolf joined GameStop Corp's board to make the U.S. video game retailer more valuable. Then it became too valuable for him to stay on.