Billionaire’s Trump Impeachment Push Grows in Midterm Run-Up (Fox News)
Liberal billionaire Tom Steyer claims to be building a juggernaut political operation in support of impeaching President Trump, rallying the base and creating a “digital army” for the cause even as Democratic lawmakers remain publicly divided over the issue. “We’re not going away,” Kevin Mack, the lead strategist at Need to Impeach, told Fox News. “We’re going to hold President Trump accountable.” Steyer — the billionaire hedge fund manager, environmental activist and major Democratic donor — launched Need to Impeach last year, with the aim of booting Trump out of the Oval Office.
Sears Burns Cash While Betting on Lampert Loans for Survival (Bloomberg)
Fast-dwindling cash is casting doubt on whether Sears Holdings Corp. can firm up its survival plan in time to avoid liquidation. Sears is expected to bleed $220 million in just the first month of its bankruptcy, court filings show, cutting deep into the $300 million loan it secured this week from senior lenders. The crunch could become more acute if Sears doesn’t get an additional $300 million it’s counting on from Chairman Eddie Lampert to keep operating beyond the next 15 days.
A Hedge Fund Manager Will Accept Bitcoin For His $16 Million Mansion (FA-Mag.com)
In 2013, Roy Niederhoffer, the president of New York-based R.G. Niederhoffer Capital Management, Inc., was in need of a place to live. He’d begun a long-term construction project to renovate a house in Manhattan, but in the meantime, he and his young family were living in a rental nearby, a situation he says was short-term at best. “I was like, I need a place to live now,” he says. And so when he saw that all three units of a mansion on Riverside Drive were up for sale simultaneously, he jumped. “It’s a house that I’d admired for decades as one of the greatest houses in New York. To see that it was up for sale was very exciting, and it had come down tremendously in price.”
Insider Buying: Merck & Co., Inc. (NYSE:MRK) Major Shareholder Acquires 666,666 Shares of Stock (FairFieldCurrent.com)
Merck & Co., Inc. (NYSE:MRK) major shareholder Merck & Co., Inc. bought 666,666 shares of the business’s stock in a transaction that occurred on Monday, October 1st. The stock was purchased at an average cost of $15.00 per share, with a total value of $9,999,990.00. The acquisition was disclosed in a legal filing with the SEC.
Insider Selling: Fiserv Inc (FISV) Insider Sells 50,000 Shares of Stock (WeekHerald.com)
Fiserv Inc (NASDAQ:FISV) insider Jeffery W. Yabuki sold 50,000 shares of the stock in a transaction on Wednesday, October 17th. The shares were sold at an average price of $78.92, for a total transaction of $3,946,000.00. Following the completion of the sale, the insider now directly owns 367,380 shares of the company’s stock, valued at $28,993,629.60. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Insider Selling: Alteryx Inc (AYX) Chairman Sells 40,000 Shares of Stock (BaseBallDailyDigest.com)
Alteryx Inc (NYSE:AYX) Chairman Dean Stoecker sold 40,000 shares of the business’s stock in a transaction dated Wednesday, October 10th. The shares were sold at an average price of $50.79, for a total value of $2,031,600.00. The sale was disclosed in a document filed with the Securities & Exchange Commission.
Insider Selling: Ross Stores, Inc. (ROST) CEO Sells $1,903,000.00 in Stock (PressOracle.com)
Ross Stores, Inc. (NASDAQ:ROST) CEO Barbara Rentler sold 20,000 shares of Ross Stores stock in a transaction that occurred on Friday, October 12th. The stock was sold at an average price of $95.15, for a total transaction of $1,903,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission.
Liberty Oilfield Services Inc (LBRT) Insider Sells $63,000,000.00 in Stock (FairFieldCurrent.com)
Liberty Oilfield Services Inc (NYSE:LBRT) insider Robert Day sold 3,000,000 shares of the firm’s stock in a transaction on Thursday, October 4th. The stock was sold at an average price of $21.00, for a total value of $63,000,000.00. The transaction was disclosed in a filing with the SEC.
Insider Buying: Anaplan Inc (PLAN) Director Acquires $242,100.00 in Stock (PressOracle.com)
Anaplan Inc (NYSE:PLAN) Director Robert E. Beauchamp purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, October 12th. The stock was bought at an average cost of $24.21 per share, for a total transaction of $242,100.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.