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Search resuls for: "Scott Thompson"


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Ahead of an afternoon full of appearances on Radio Row, which is the mecca for sports talk radio stations during Super Bowl week, Mr. Thompson was reflecting on the game’s effect on Las Vegas. “I think this is the biggest event we’ve ever had,” Mr. Thompson said. Yes, even Carrot Top has had trouble scoring tickets to the game on Sunday between the Kansas City Chiefs and the San Francisco 49ers. “That’s what everyone says: ‘You’re Carrot Top! You own this town!’” Mr. Thompson said.
Persons: Scott Thompson, Thompson, ” Mr, , Mr, Organizations: Super, Kansas City Chiefs, San Francisco 49ers Locations: Luxor, Casino, Las Vegas
GRAND RAPIDS, Mich. (AP) — Bartender Catey Regis had a pricey misadventure buying a used car recently — an experience that speaks to why voters are worrying about the U.S. economy going into this year's presidential election. “To me, it’s a telltale sign about the economy," Regis explained from a bar stool after her shift. But conversations with dozens of voters around Grand Rapids — a city of 200,000 in one of Michigan’s swing counties — show they're thinking about the economy through their own experiences. Grand Rapids is the seat of Kent County, which backed Trump in 2016 and then flipped to Biden in 2020. To the extent that the economy is doing well, there is little confidence that it is necessarily sustainable.
Persons: Catey Regis, it’s, Regis, Joe Biden, Donald Trump, Biden, Trump, , Cameron Brown, , Scott Thompson, Uber, ” Thompson, Teresa Johnson, Johnson, Nikki Haley, Charles Kroll, he’s, ” Kroll, Arick Davis, Davis, ” Davis, ___ Boak Organizations: Founders Brewing, Toyota Corolla, Republican, Westwood, Trump, Democrat, South, Biden, Census, Chamber, Commerce, Business Locations: GRAND RAPIDS, Mich, U.S, Grand Rapids, Kentwood, East, Ukraine, Caledonia, South Carolina, Grand, Kent County, South East Grand Rapids, Commerce “, Washington
Steven Teixeira, who served as chief compliance officer for the U.S. arm of China's LianLian Global, pleaded guilty to the federal charges under a cooperation agreement. Teixeira allegedly obtained insider information, including advance knowledge of Broadcom's announced $61 billion acquisition of VMware from 2022, and shared it with an associate for profit. Proofpoint was taken private in 2021 by private equity firm Thoma Bravo in a $12.3 billion deal, within the timeframe Teixeira was allegedly trading insider information. Teixeira allegedly shared the insider information with his associate, Jordan Meadow, who is also charged with violating federal insider trading laws. Kennedy and Van Hollen introduce bill to block foreign executives from insider trading
Persons: Steven Teixeira, Teixeira, Broadcom's, Thoma Bravo's, Proofpoint, Thoma, Jordan Meadow, Meadow, Scott Thompson, Kennedy, Van Hollen Organizations: U.S . Securities, Exchange Commission, New, U.S, SEC, VMware, Thoma Bravo, of Locations: New York, Southern, of New York, Philadelphia, Sens
Mattress M&A is stuffed with sweet dreams
  + stars: | 2023-05-10 | by ( Lauren Silva Laughlin | ) www.reuters.com   time to read: +3 min
Memory foam bedmaker Tempur Sealy International (TPX.N)agreed to buy rival Mattress Firm in a $4 billion cash-and-stock deal that combines manufacturing and retail. Mattress Firm filed for bankruptcy in 2018. Tempur’s superior 17% EBITDA margin, nearly double that of Mattress Firm, also helps make a deal stack up. Boosting Mattress Firm’s operating profitability from 10% to 13% could double those synergy projections. The buyer will retain slightly more than 83% of the combined company while Mattress Firm’s owners will hold the rest.
SEC charges three in N.J. deli $100 million valuation scheme
  + stars: | 2022-09-26 | by ( ) www.reuters.com   time to read: 1 min
Register now for FREE unlimited access to Reuters.com RegisterThe U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst//File PhotoWASHINGTON, Sept 26 (Reuters) - The Securities and Exchange Commission charged three men on Monday in a scheme that resulted in a $100 million valuation for a New Jersey deli and a separate shell company, the agency said on Monday. "We allege that the defendants’ brazen schemes resulted in the artificial inflation of the stock price of two publicly traded companies with little to no annual revenues,” said Scott Thompson of the agency's enforcement office in Philadelphia. Register now for FREE unlimited access to Reuters.com RegisterReporting by Doina Chiacu and Tyler Clifford; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
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