Tagged With "BlackRock"

TOKYO: Buried in an obscure filing this week was another hint of the trouble faced by Toshiba Corp. BlackRock Inc, the third-biggest owner of the embattled Japanese company, indicated in a report to the finance ministry that there’s been a huge increase in the stock it has out on loan. The world’s largest money manager said about 46 million Toshiba shares owned by its units, or about one-fifth of its total stake, are temporarily being held by others. That’s up from just 1.4 million when it...

Xerox buys out Carl Icahn what’s next? - Corporate raider, Carl Icahn, has over time, bought controlling interest in Xerox by spending almost $588 million on stock in the company according to Insider Trades newsletter Xerox announced it will borrow money to pay $542 million to buy all this stock back in a press release All of Carl Icahn’s staff will resign from the Xerox board of directors Icahn acquired the shares and stopped Fujifilm from acquiring Xerox in 2018, and attempted to arrange a...

Citigroup Inc. increased its Xerox stake by 9.3% in Q2, holding 102,293 shares worth $1,523,000. BlackRock Inc. upped its holdings by 15.1% in Q1 to 15,540,136 shares valued at $239,318,000. Vanguard Group Inc. increased its stake by 1.4% in Q3, holding 12,383,602 shares worth $161,977,000. LSV Asset Management raised its position by 1.6% in Q2 to 5,968,955 shares worth $88,878,000. State Street Corp increased its position by 1.1% in Q1 to 4,790,757 shares valued at $74,965,000. Geode...