Analysis & Comment

UK insurer Hastings agrees to higher than expected $2.2 billion cash offer

HELSINKI (Reuters) – British motor insurer Hastings (HSTG.L) agreed to a 1.66 billion pounds ($2.2 billion) takeover by Finland’s Sampo (SAMPO.HE) and South Africa’s Rand Merchant Investment (RMI) (RMIJ.J), the companies said on Wednesday. The cash offer gives 250 pence a share to Hastings’ investors plus an interim dividend of 4.5p a share, delivering a […]

Analysis & Comment

Mall operator Hammerson plans rights issue and disposal to ride out crisis

(Reuters) – Debt-laden British Mall operator Hammerson (HMSO.L) is drawing up plans for a possible rights issue and is in advanced talks on the sale of its stake in discount shopping outlets joint venture to help it through the coronavirus crisis, it said on Monday. Hammerson shares, which have plunged 80% this year as the […]

Analysis & Comment

Nasdaq-listed 360 Finance may kick off HK listing end-2020: sources

BEIJING (Reuters) – Nasdaq-listed 360 Finance Inc (QFIN.O) may kick off its Hong Kong listing process as soon as December, two sources familiar with the matter said, as U.S.-listed Chinese firms pursue dual listings amid uncertain Sino-U.S. relations. The online-lending platform of billionaire Zhou Hongyi has held intensive internal talks on its dual listing plan, […]

Analysis & Comment

Virginia family out for drive finds nearly $1 million in middle of the road

FREDERICKSBURG, Va. — A Virginia family out for a ride to get a change of scenery after being holed up due to the coronavirus found nearly $1 million in two bags lying in the road. David and Emily Schantz left their Caroline County home with their children last Saturday and drove their pickup truck over […]

Analysis & Comment

Roy Green: Justin Trudeau’s dilemma is whether he should call a snap election

The political opportunist in Justin Trudeau must be screeching to engineer a snap federal election. The bruised Trudeau is having none of it. Opportunist Trudeau views dozens of daily national camera and microphone commanding appearances as a 24-karat opportunity to dispatch the yet again bumbling Conservative Party of Canada to the political sidelines. Bruised Trudeau, […]

Analysis & Comment

Teenage girl accidentally hits, kills dad while learning to park truck

A teenage girl was learning how to park a pickup truck when she hit and killed her father on Tuesday in Florida. Her 46-year-old father was reportedly teaching her how to park his 2017 Ford pickup truck in the parking lot of Anderson Park in Tarpon Springs, the Associated Press (AP) reports. He was standing […]

Analysis & Comment

BlackRock's top investor PNC Financial to sell entire stake

(Reuters) – PNC Financial Services Group Inc (PNC.N) plans to sell its entire 22% stake in the world’s largest asset manager BlackRock Inc (BLK.N), the U.S. bank said on Monday, exiting one its most attractive investments after more than two decades. PNC, BlackRock’s largest shareholder, will sell its common and preferred shares in a secondary […]

Analysis & Comment

Edmonton Oil Kings coach Brad Lauer named WHL coach of the year

Edmonton Oil Kings coach Brad Lauer has been named the Western Hockey League coach of the year for the 2019-20 season. Lauer led the Oil Kings to a WHL Central Division-best record of 42-12-6-4 (94 points) before the season was ended early by the spreading COVID-19 pandemic. The 53-year-old native of Humboldt, Sask., has an […]

Analysis & Comment

Woman killed by alligator in S.C. during visit to do homeowner’s nails

The woman attacked and killed by an alligator in a gated community along the South Carolina coast was visiting the homeowner to do her nails and was trying to touch the animal when it grabbed her, authorities said. After briefly getting away from the alligator Friday, the woman stood in waist deep water in the […]