Facedrive: A $1.4b ESG Stock Promotion with a Hollow Core Business

Facedrive

Facedrive: A $1.4b ESG Stock Promotion with a Hollow Core Business, Flailing Business Pivots and Multi-Million Dollar Payments to an Opaque BVI Entity; 95% Downside Q2 2020 hedge fund letters, conferences and more Facedrive Inc (CVE:FD) recently went public with the core premise of being an “eco-friendly” ride hailing app that allows users to select […]

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Battle of wits between Tesla and short sellers isn’t over yet

Tesla and short sellers

Battle of wits between Tesla and short sellers isn’t over yet, according to Ortex Analytics Q2 2020 hedge fund letters, conferences and more Ortex data shows a group of resilient short sellers are holding out despite surge in Tesla share price as they seek to profit from a “hype premium” Analysis by the firm suggests […]

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Coronavirus stimulus check update: package expected today

coronavirus stimulus check update

Today should bring a major update on coronavirus stimulus checks. Senate Republicans have finally reached an agreement on the next stimulus package, which is said to contain a second round of coronavirus stimulus checks, among other measures. [klarmna] Q2 2020 hedge fund letters, conferences and more Big coronavirus stimulus check update today Sen. Mitch McConnell […]

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Travelers confirms $400m PG&E subrogation will inure to benefit of reinsurers

U.S. primary insurance carrier Travelers has confirmed that its estimated $400 million PG&E subrogation related recovery will inure to the benefit of its reinsurance panel. Travelers revealed recently that it expects to recognise favorable prior year reserve development related to the wildfires, amounting to approximately $400 million, pre-tax and net of expenses and reinsurance, which…

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