Hess Investor HBK to Abstain in $53 Billion Chevron Merger Vote

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 40 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 63%

Bloomberg Nachrichten

Nikos Panagiotopoulos,Hess Corp.,Chevron

(Bloomberg) -- HBK Capital Management, one of the biggest shareholders in Hess Corp., is planning to abstain from voting on the oil company’s $53 billion...

-- HBK Capital Management, one of the biggest shareholders in Hess Corp., is planning to abstain from voting on the oil company’s $53 billion takeover by Chevron Corp.Global Chips Battle Intensifies With $81 Billion Subsidy Surge

HBK has economic interests in more than 8 million shares of Hess, Panagiotopoulos said. That likely makes the fund Hess’s fourth-biggest holder, according to data compiled by Bloomberg. HBK Capital Management manages more than $7 billion in assets. Warren Buffett's selling stocks like Apple as he sees trouble ahead — but he'll spend if markets crash: elite strategist

Nvidia stock is still tops for aJefferies analyst with a little more than a week to go before the chip titan reports earnings. “We believe it’s too early to sift out winners and losers in the AI basket yet, but Nvidia is our favorite,” wrote Jefferies analyst Blayne Curtis in a Sunday research note. “Nvidia maintains control over the entire ecosystem and is taking more pieces of the pie,” he said.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 47. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Schumer urges FTC to hit the brakes on $53 billion Chevron-Hess mergerExplore stories from Atlantic Canada.
Herkunft: SaltWire Network - 🏆 45. / 63 Weiterlesen »

Schumer urges FTC to hit the brakes on $53 billion Chevron-Hess merger'The FTC should side with consumers and pump the breaks on this deal,' Schumer said in a post on social media platform X, adding that the deal would give oil...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Sen. Schumer calls on FTC to stop Chevron merger with HessSenate Majority Leader Chuck Schumer has called on the Federal Trade Commission (FTC) to intervene in the proposed merger between Chevron (CVX) and Hess (HES...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »