Spotify has avoided the traditional route to becoming a public market company at every stage. Listing day is going to be no different. A successful trading debut for the music-streaming company won’t be judged on whether the shares jump 30 percent — the usual benchmark for a triumphant initial public offering. Instead, Spotify Technology SA…
AXA grew its stake in General Electric (NYSE:GE) by 1.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,619,289 shares of the conglomerate’s stock after purchasing an additional 62,716 shares during the period. AXA’s holdings in General Electric were worth $87,515,000 as…
CLEVELAND, Ohio — Power plant company FirstEnergy Solutions Corp.and its subsidiaries, along with the FirstEnergy Nuclear Operating Co., filed for bankruptcy protection late Saturday night. The filing in the U.S. Bankruptcy Court for the Northern District of Ohio indicates that the top unsecured creditor is the Bank of New York Mellon Trust Co. which is owed…
By Stephen Dethrage Staff Writer One of the busiest fast-food restaurants in the Tuscaloosa area is changing the way its serves its drive-through customers in an attempt to decrease wait times and increase safety. Ashley Gill, owner and operator of the Chick-fil-A in Northport beside the Wal-Mart Neighborhood Market, said the restaurant serves an “absolutely insane”…
A Fort Worth company has recalled more than 7,000 pounds of beef products being sold in nine states because they were shipped without being inspected. PFP Enterprises, which is also known as Texas Meat Packers, a Fort Worth establishment, had officials with the U.S. Department of Agriculture research their records and discovered that the company…
