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Covia Announces Upcoming Conference Participation

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INDEPENDENCE, Ohio, May 16, 2019 (GLOBE NEWSWIRE) — Covia (NYSE:CVIA) announced today that it will participate in the following investor conferences: KeyBanc Industrials and Basic Materials Conference in Boston, Massachusetts on Wednesday, May 29, 2019. Wells Fargo West Coast Energy Conference in San Francisco, California on Tuesday, June 11, 2019. The materials management will reference at Read More

Wells Fargo and Barclays back fintech company OpenFin

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NEW YORK (Reuters) – Financial services software startup OpenFin has raised $17 million in a funding round led by Wells Fargo & Co with participation from Barclays, the company said on Thursday. FILE PHOTO: A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith Existing investors including JPMorgan Chase Read More

Buffett’s Berkshire unveils $861 million Amazon stake

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(Reuters) – Warren Buffett’s Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief Executive Jeff Bezos. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, Jan. 19, 2019. Read More

U.S. bank regulator will vet next Wells Fargo CEO

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WASHINGTON (Reuters) – A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co’s pick for its next chief executive, a development that could complicate the scandal-hit lender’s efforts to find a permanent replacement for CEO Tim Sloan. A Wells Fargo logo is seen in New York City, U.S. January 10, Read More

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Announces Launch of Initial Public Offering

6 days ago DieselGasoil Comments Off on Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Announces Launch of Initial Public Offering
MIDLAND, Texas, May 13, 2019 (GLOBE NEWSWIRE) — Rattler Midstream LP (“Rattler”), a subsidiary of Diamondback Energy, Inc. (Nasdaq: FANG) (“Diamondback”), and Diamondback today announced the launch of Rattler’s initial public offering of 33,333,333 common units representing limited partner interests at an anticipated initial offering price between $16.00 and $19.00 per common unit, pursuant to Read More

Wells Fargo CEO search hobbled by pay limitations: sources

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NEW YORK (Reuters) – Wells Fargo & Co’s (WFC.N) hunt for a new CEO is being impeded by limits on how much the bank can pay its next leader, a person close to the search and several industry insiders told Reuters. FILE PHOTO: A Wells Fargo logo is seen in New York City, U.S. January Read More

Buckeye Partners, L.P. Agrees to be Acquired by IFM Investors for $41.50 per common unit

1 week ago DieselGasoil Comments Off on Buckeye Partners, L.P. Agrees to be Acquired by IFM Investors for $41.50 per common unit
IFM Expands Midstream Energy Infrastructure Portfolio with Addition of Buckeye Transaction valued at $10.3 billion enterprise value and $6.5 billion equity value HOUSTON and NEW YORK, May 10, 2019 (GLOBE NEWSWIRE) — IFM Investors and Buckeye Partners, L.P. (NYSE: BPL) today announced a definitive agreement (“Agreement”) under which the IFM Global Infrastructure Fund will acquire all of the Read More

Wells Fargo creates new unit focused on regulatory compliance

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FILE PHOTO: A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith/File Photo (Reuters) – Wells Fargo & Co is creating a new unit tasked with satisfying U.S. regulatory requirements, according to an internal memo seen by Reuters. Derek Flowers, who has been with the San Francisco-based bank for Read More

Facebook’s Zuckerberg under fire as shareholders are urged to remove him as board chair

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Two nonprofits are mobilizing to push shareholders to remove Facebook CEO Mark Zuckerberg from his post as chair of the tech giant’s board. Ahead of Facebook’s shareholder meeting at the end of May, the civil rights group Color of Change is harnessing the power of its 1.5 million members in partnership with investor advocacy organization Majority Read More

Warren Buffett defends Kraft, says Wells Fargo made ‘big mistakes’

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OMAHA, Neb. (Reuters) – Warren Buffett on Saturday signaled his commitment to Kraft Heinz Co and defended his actions toward Wells Fargo & Co, two of the largest investments at his Berkshire Hathaway Inc, despite mistakes at both that have caused many investors to sour on them. Buffett, 88, spoke before tens of thousands of Read More