On Monday, data analytics company Palantir Technologies Inc said, it has confidentially filed paperwork with the U.S. Securities and Exchange Commission (SEC) to go public. The submission relates to Palantir’s proposed public listing of its Class A common stock, it… Read More ›
Day: July 7, 2020
Nissan secures $7.8 billion, aims for positive free cash flow in Q2
Going by Nissan Motor Co’s latest annual securities report, since April it has managed to raise $7.8 billion in financing from its creditors as it tries to shore up its cash reserves in the face of falling sales induced by… Read More ›
Paycheck Protection Program meant to support small businesses also supported large investment banks
According to official data released on Monday, the tens of millions of dollars U.S. lawmakers earmarked to assist small businesses during the Wuhan coronavirus-induced economic downturn, also went to investment banks who advise on corporate dealmaking. Some part of the… Read More ›