Michael “Mick” Lee Grinnell, age 77 of Clinton passed away on Friday, October 7, 2022 at the Hospice of Lenawee Home surrounded by his family. He was born August 27, 1945 in Hudson, a son of the late Charles Nolan and Margaret Gene (Bevelhymer) Grinnell. On May 2, 1964 he married Barbara J. Chrisman, they… Continue reading Michael “Mick” Grinnell Obituary – The Daily Telegram
Tag: Morgan
Morgan Stanley downgrades India to ‘underweight’, turns overweight on Taiwan, S Korea
Global investment bank Morgan Stanley has downgraded India to ‘underweight’ following its outperformance to other emerging market peers year-to-date. Instead, the investment bank has turned overweight on South Korea and Taiwan. The recent sharp correction in some of the major emerging markets has turned the risk-reward favourable, prompting Morgan Stanley to turn positive on emerging… Continue reading Morgan Stanley downgrades India to ‘underweight’, turns overweight on Taiwan, S Korea
Rivian needs to sharply ramp up EV production to meet 2022 targets — Wall Street is betting it can
A Rivian R1T truck body lowered onto a chassis in the assembly line at the Rivian electric vehicle plant in Normal, Illinois. Georgia is giving the company $1.5 billion in subsidies to bring a new $5 billion EV plant to the southern state. Brian Cassella | Tribune News Service | Getty Images Electric vehicle startup… Continue reading Rivian needs to sharply ramp up EV production to meet 2022 targets — Wall Street is betting it can
@VW Group: Porsche SE strengthens its portfolio with further core investment005907
Stuttgart, 4 October 2022. Porsche Automobil Holding SE (Porsche SE), Stuttgart, expands its investment portfolio with the acquisition of 25 percent plus one share of the ordinary shares in Dr. Ing. h.c. F. Porsche AG (Porsche AG), Stuttgart. Besides its core investment in Volkswagen AG and a portfolio of innovative technology companies, Porsche SE thus holds… Continue reading @VW Group: Porsche SE strengthens its portfolio with further core investment005907
Elon Musk tells Twitter he wants to go ahead with original deal, according to Bloomberg
Elon Musk wants to own Twitter after all. The Tesla CEO has decided he wants to go ahead with the deal he originally struck to buy the social media company for $54.20 a share, Bloomberg reports. News of the proposal comes less than two weeks before the two sides were set to go to trial… Continue reading Elon Musk tells Twitter he wants to go ahead with original deal, according to Bloomberg
JPMorgan must pay $1b for full ownership of China mutual fund JV
JPMorgan would need to pay $1 billion for full ownership of its Chinese mutual fund venture, a statement on the Shanghai United Asset and Equity Exchange showed on Tuesday, a price tag that analysts said was expensive. JPMorgan‘s asset management business is to buy a 49% stake in China International Fund Management Co (CIFM), a move which follows Beijing’s decision earlier this year to fully open up the mutual fund industry to foreign… Continue reading JPMorgan must pay $1b for full ownership of China mutual fund JV
Ares SSG acquires majority stake in HK commercial project for $392m
Alternative asset manager Ares SSG, which is a pan-Asian unit of Ares Management Corporation, has purchased a 51% stake in New World Development’s Hong Kong office project for around $392 million (HK$3.07 billion), per a regulatory filing. A fund under the management of Ares SSG had formed a joint venture with the HKEX-listed developer, led… Continue reading Ares SSG acquires majority stake in HK commercial project for $392m
The New Morgan Super 3: An Outlaw in an Era of Excessiveness – Top Speed
The Morgan Super 3 is about as American as a Citroen 2CV. It is tiny, extremely lightweight, and only has three wheels. In an era of excessiveness, this is an outlaw. Morgans, and especially the three-wheeled ‘cars’, are a huge part of the United Kingdom’s automotive heritage and car guys over there love them. It… Continue reading The New Morgan Super 3: An Outlaw in an Era of Excessiveness – Top Speed
German Manager Magazin: Twitter: Mathias Döpfner wanted to manage the short message service for Elon Musk002052
resigned in early April Tesla-Boss Elon Musk (51) to the short message service Twitter to want to buy for 44 billion US dollars. But the multi-billionaire canceled the deal in July, and Musk and the company have since sued each other. In the course of Twitter’s legal action against Musk, hundreds of his private text… Continue reading German Manager Magazin: Twitter: Mathias Döpfner wanted to manage the short message service for Elon Musk002052
Taiwan Life commits $30m to Morgan Stanley’s fourth global infra fund
Insurer Taiwan Life, a part of CTBC Financial Holdings, has committed $30 million to the third global infrastructure fund of Morgan Stanley Infrastructure Partners (MSIP). In a filing to the Taiwan Stock Exchange, the insurer said its commitment will give it about 0.50% of North Haven Infrastructure Partners IV SCSp, the latest fund of Morgan… Continue reading Taiwan Life commits $30m to Morgan Stanley’s fourth global infra fund