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Who Is Dr. Copper? Why It Matters For Your Investment Portfolio
Thursday, February 9, 2023 - 11:20am | 488Read More...We typically go to the doctor's office for checkups or when we have a health issue, not for financial advice. But, there’s one doctor that may have a significant impact on your investment account: Dr. Copper. Dr. Copper is a nickname that investors and economists have given to the...
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5 Largest Private Companies By Revenue: Will They Ever Go Public?
Tuesday, May 24, 2022 - 3:01pm | 518Read More...Some of the largest companies in the U.S., which employ hundreds of thousands of people and brought in billions in revenue in 2021, are private. For example, Publix Super Markets is an employee-owned supermarket chain that employs 230,000 people across seven Southern states and...
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Artificial Intelligence Company SoundHound Announces SPAC Merger: What Investors Should Know
Tuesday, November 16, 2021 - 6:25pm | 906Read More...A leading artificial intelligence company announced a SPAC merger to go public. The SPAC Deal: SoundHound announced a SPAC merger with Archimedes Tech SPAC Partners Co (NASDAQ: ATSPT) valuing the company at a pro-forma enterprise value of $2.1 billion. A PIPE of $111 million includes investments by...
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Weldon Angelos, Once Imprisoned For Cannabis, Is Fighting To Make Sure Others Aren't
Saturday, February 6, 2021 - 9:56am | 943Read More...Marijuana arrests trend downward in America. Yet, scores of individuals remain imprisoned for cannabis-related offenses on the federal and state levels. This underscores the ongoing disparity between the drug war and the legalized markets. Weldon Angelos was incarcerated for a non-violent...
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How Infor Drives Enterprise Efficiency With Cloud Technology
Monday, September 7, 2020 - 10:02am | 581Read More...Infor, a provider of business cloud solutions, formally announced it achieved significant progress in the past 12 months, growing its customer base by 400%. As part of the development, Benzinga chatted with Infor vice president and general manager Bill Vellante, as well as Steve Jensen, president...
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Billionaire Philanthropist, Conservative Icon David Koch Dies
Friday, August 23, 2019 - 11:57am | 405Read More...Billionaire philanthropist, industrialist and conservative icon David Koch has died at 79. His death Thursday followed a period of declining health and was announced by his brother Charles. David had battled prostate cancer for two decades. The Koch brothers put hundreds of millions of...
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Koch Industries' Subsidiary Invests In Metal 3D Printing
Wednesday, January 30, 2019 - 12:14pm | 1071Read More...Desktop Metal, an additive manufacturing [3D printing] firm which specializes in metal printing, announced last week that it raised $160 million from a financing round led by Koch Disruptive Technologies (KDT), a subsidiary of Koch Industries. According to Desktop Metal's press release, this...
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Boise Cascade Acquires Engineered Lumber Unit From Georgia-Pacific For $215 Million
Monday, December 21, 2015 - 10:45am | 136Read More...Boise Cascade Co (NYSE: BCC), a plywood and engineered wood products manufacturer and materials distributor, has agreed to acquire Georgia-Pacific's engineered lumber business for $215 million. Georgia-Pacific, a Koch Industries subsidiary, is one of the largest manufacturers and...
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Market Wrap For May 28: Markets Take A Breather As Treasury Yields Fall
Wednesday, May 28, 2014 - 4:34pm | 2195Read More...U.S. stocks ended a four day rally which saw the S&P 500 hit historical all-time highs. However, during Wednesday's trading session the ten-year Treasury yield traded as low as 2.439 percent, the lowest level seen since June 2013. Volume remained below average during Wednesday's trading...
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PetroLogistics Moving Up Following Acquisition At 8% Premium
Wednesday, May 28, 2014 - 8:14am | 189Read More...PetroLogistics (NYSE: PDH) shares are up almost 10 percent in Wednesday’s pre-market, after the company agreed to be acquired by Flint Hills Resources (a subsidiary of Koch Industries) for $14 per share. The CEO and two major investors, who own 73 percent of outstanding shares, are to receive...
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T. Boone Pickens Blames the Koch Brothers For Lack of American Energy Plan
Monday, May 7, 2012 - 2:09pm | 449Read More...In an interview with Yahoo Finance's Aaron Task at last week's Milken Institute Global Conference in Los Angeles, famed energy investor T. Boone Pickens said that special interest groups do not want a comprehensive American energy plan. Pickens is a leading proponent for transitioning America's...
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Bill Gates Tops the Forbes 400
Wednesday, September 21, 2011 - 1:45pm | 219Read More...The Giving Pledge co-founder is once again making headlines for being the richest man in the world. Bill Gates, the man behind that little company that makes Windows – what was its name again? Oh, right, it's Microsoft (NASDAQ: MSFT) – has earned the number-one spot in the Forbes 400. Gates' net...
