U.S. Securities and Exchange Commission

Asset management firm Trian Fund Management LP has taken up a $900 million position in Comcast Corporation (NASDAQ: CMCSA) stock, it revealed in a filing with the United States Securities and Exchange Commission.  The hedge fund manages a multi-billion dollar portfolio and is known for...

Snowflake Inc. (NYSE: SNOW) has raised about $3.4 billion in its initial public offering, according to several reports Tuesday. What Happened: The cloud-based software startup has sold 28 million shares priced at $120 each, the Financial Times reported.The IPO values Snowflake at about $33.3...

After filing for an IPO late last month, the cloud-based software startup Snowflake has managed to secure investments from industry bigwigs like Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) and Salesforce Ventures LLC (NYSE: CRM). What Happened: Both these companies have agreed to buy 3.125...

Robinhood Markets Inc is facing a fraud investigation from the United States Securities and Exchange Commission related to high-speed trading firms, the Wall Street Journal  reported Wednesday. What Happened: The trading app could be fined in excess of $10 million by the SEC as a part of...

Eastman Kodak Company (NYSE: KODK) stock witnessed a relatively flat day of trading on Monday with a 0.66% downward movement and closing at $5.98 at the end of trading hours. However, in the extended trading hours, the stock price briefly peaked at $8.70. What Happened: On Aug 30, there were...

Snowflake Inc, a startup engaged in the cloud-based data warehousing business, filed for an initial public offering with the Securities and Exchange Commission on Monday. What Happened:  The company plans to list its shares on the New York Stock Exchange, under...

Shares of Sorrento Therapeutics Inc (NASDAQ: SRNE) traded 13.5% lower in after-hours trading on Tuesday as a reaction to the company firing its Chief Financial Officer Jiong Shao. What Happened: Sorrento Therapeutics, a biotech drug manufacturer in a filing with the Securities and...

Elon Musk-led Space Exploration Technologies Corp raised a little over $1.9 billion from investors in an offering, according to a filing it made with the United States Securities and Exchange Commission Tuesday. What Happened The regulatory filing discloses that the company managed to sell most of...

SoftBank Group Corp (OTC: SFTBY) invested $3.9 billion on large technology companies based in the United States, according to a filing with the U.S. Securities and Exchange Commission on Monday. What Happened The Japanese conglomerate purchased 378,470 Amazon.com, Inc (NASDAQ: AMZN) shares for...

Poseida Therapeutics Inc. (NASDAQ: PSTX) stock dropped about 34.5% in the after-hours trading on Monday, after a patient died in a prostate cancer drug trial, according to a filing the company made with the United States Securities and Exchange Commission. What Happened The trial was carried out in...

An Eastman Kodak Co. (NYSE: KODK) board member and his wife donated nearly half their stock holding in the company, amounting to 3 million shares, to a religious charity on a day when the company’s stock hit its highest valuation since 2014, the Wall Street Journal...

Eyegate Pharmaceuticals Inc (NASDAQ: EYEG) entered into a licensing agreement with Valeant Pharmaceuticals Intl Inc (NYSE: VRX) Tuesday regarding its EyeGate II Delivery System and EGP-437 corticosteroid combination for post-operative ocular patients. According to an 8-K filed with the Securities...

The U.S. Securities and Exchange Commission is meeting Tuesday to discuss potential changes to the definition of an “accredited investor.” While this type of legal nuance may seem boring, it could have major implications on startups and peer-to-peer lenders like LendingClub Corp...

If the first images the letters S-E-C and the phrase "blue sky" bring to mind are members of the top football conference playing under ideal weather conditions, read on. On Wednesday, the other SEC (U.S. Securities and Exchange Commission), issued a press release containing an update...

Jana Partners, a hedge-fund manager founded by Barry Rosenstein, took a large stake in Groupon (NASDAQ: GRPN) this quarter, according to a 13F filing with the U.S. Securities and Exchange Commission. With a stake of just over 21.9 million shares -- valued at more than $134 million -- Jana is now...