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Browsing Month »May, 2018«

→  May 27, 2018

Israel-based chipmaker Mellanox Technologies Ltd. has won the current round in its control struggle with New York-headquartered activist hedge fund Starboard Value LP. On Thursday, during an extraordinary general meeting, Mellanox shareholders overwhelmingly voted for the company’s two governance proposals regarding the upcoming annual shareholder meeting.   For daily updates, subscribe to our newsletter by […]

→  May 27, 2018

iStock.com/Emilija Randjelovic Marijuana Justice Act U.S. weed legalization has never been closer. That’s not opinion, that’s fact. Want proof? Read up on the Marijuana Justice Act. The act was first introduced by Senator Cory Booker (D-N.J.) last year, but has since gained a number of high-profile supporters. (Source: “Kamala Harris backs Booker bill to legalize […]

→  May 26, 2018

Liverpool fans were left devastated last night as two horrendous goalkeeping errors by Loris Karius gifted Real Madrid a 3-1 victory.  In the first half, Liverpool’s talisman striker Mohammed Salah went off injured after 30 minutes following a challenge by Madrid’s skipper Sergio Ramos.  Karius gifted Madrid their first goal after throwing the ball directly into […]

→  May 26, 2018

(Reuters) – The consumer staples index .SPLRCS, the SP 500’s biggest laggard for 2018, could have further to fall and may even look less appealing as a defensive play in the event the economy turns sour. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 21, 2018. […]