These three big companies are aiming to unlock value for stock investors

Chasing investment performance — moving your money to last year’s best performers — can lead to miserable results. No long-term investment strategy works every year. That is an important point. On the other hand, out-of-favor strategies sometimes bounce back. Case in point: Evermore Global Advisors’ investment strategy. In less than a year, Morningstar’s rating for the fund that Evermore CEO […]

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Ex-Nissan chief Ghosn seeks permission to attend board meeting on Tuesday: source

TOKYO (Reuters) – Ousted Nissan boss Carlos Ghosn is seeking permission from the Tokyo District Court to attend the automaker’s board meeting on Tuesday, a person with direct knowledge of the matter said on Monday. The former chairman was released from a Tokyo detention center last week on $9 million in bail, having been detained for more than 100 days […]

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BMW is biggest U.S. automotive exporter by value for fifth year

(Reuters) – Germany’s automaker BMW AG said on Friday it was the biggest U.S. automotive exporter by value for the fifth consecutive year, with exports totaling over $8.4 billion in 2018. The company said it exported 234,689 units of its X model sport utility vehicles and coupes from its Spartanburg, South Carolina, plant during 2018. “Despite…the ongoing uncertainty regarding trade […]

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Carlos Ghosn pays $9M bail, leaving jail soon

TOKYO– Carlos Ghosn paid bail of nearly $9 million on Wednesday and was set to leave a Tokyo jail shortly, ending a confinement that lasted 108 days. Earlier Wednesday, Mr. Ghosn’s wife visited him at the Tokyo Detention House, according to a family representative. On Tuesday, the Tokyo District Court granted the former Nissan Motor Co. chairman release on bail. […]

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