TimesSquare Capital Management, an equity investment management company, released its “U.S. Small Cap Growth Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the quarter the fund returned 5.77% (net), compared to a 7.58% return for the Russell 2000 Growth Index. Despite a decline in many equity markets in […]
United Arab Emirates renewable energy company Masdar said on Thursday it has reached an agreement to buy an initial 67% stake in Greece's Terna Energy and intends to make a mandatory offer to buy the rest. Masdar has signed a definitive agreement with Greek conglomerate GEK Terna and other shareholders to buy the 67% stake in Terna Energy at 20 euros ($21.45) per share. GEK Terna owned 37.93% of Terna Energy as of June 4, according to LSEG data.
Prime Minister Rishi Sunak took a big gamble calling the British election early. Now his odds for winning are getting even longer thanks to a betting scandal that just cost him the guy running the entire campaign.One of the Conservative Party candidates running for a parliamentary seat is being probed by the U.K.’s gambling regulator over allegedly using inside information to place a bet on the timing of the upcoming general election, the BBC reported Thursday.Adding intrigue to the report is th