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Sajjan Jindal Family Trust Sells 2% Stake In JSW Infrastructure For Rs 1,210 Crore
Sajjan Jindal Family Trust, a promoter of JSW Infrastructure, sold a 2% stake in the company for Rs 1,210 crore through an open market transaction on Friday. The move was made to comply with SEBI's minimum public shareholding requirements. According to bulk deal data from the National Stock Exchange, the trust—represented by trustees Sajjan Jindal and Sangita Jindal—sold 4.2 crore shares, equivalent to a 2% stake in JSW Infrastructure.
Baystreet.ca - Winnebago Unchanged on Cash Dividend
Winnebago Industries, Inc. (NYSE:WGO) shares were flat Friday, as the leading outdoor lifestyle product manufacturer, today announced that the company’s Board of Directors approved a quarterly cash dividend of $0.34 per share payable on June 25, to common ...
Baystreet.ca - Wells Fargo Ekes up as Preferred Stock Reporting Dividends
Wells Fargo & Company (NYSE: WFC) shares just cleared breakeven Friday, on word of dividends on six series of preferred stock. A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred ...
Baystreet.ca - GDEV Hikes on Release of Q1 Figures
GDEV Inc. (NASDAQ: GDEV) shares vaulted Friday, as the Cyprus-based company, an international gaming and entertainment concern, released its financial and operational results for the first quarter ended March 31, 2025. Revenue of $97 million declined ...
Beware of "Balance of Payments" Statistics, Reason #21,884,906 - Cafe Hayek
TweetI thank Scott Lincicome for reminding me of this important 2020 paper by Yuqing Xing, the abstract of which reads: Many American multinational corporations have turned into factory-less. They outsource the production of their products to foreign companies and derive the largest share of their revenues from intellectual property and services embedded in physical products […]