ASX 200 Live: Shares drop; Woolworths CEO threatened with jail at hearing; Macmahon buys Decmil; Imugene sells US facility; Suncorp, Vicinity seek funds; $A slump
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Huawei: US commerce secretary downplays chip in advanced Huawei phone
The chip powering the Mate 60 Pro phone of sanctioned Chinese company Huawei is not as advanced as American chips, U.S. Commerce Secretary Gina Raimondo said on Sunday, arguing that it shows U.S. curbs on shipments to the telecoms equipment giant are working. Huawei, which has been on a trade restriction list since 2019, surprised the industry and the U.S. government when it released a new phone powered by a sophisticated chip last August. The Huawei Mate 60 Pro was seen as a symbol of China's...
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Jmac Enterprises LLC Sells 8,554 Shares of AT&T Inc. (NYSE:T)
Jmac Enterprises LLC trimmed its stake in AT&T Inc. (NYSE:T – Free Report) by 30.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,718 shares of the technology company’s stock after selling 8,554 shares during the quarter. Jmac Enterprises LLC’s […]
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Wright Investors Service Inc. Sells 21,019 Shares of AT&T Inc. (NYSE:T)
Wright Investors Service Inc. cut its holdings in shares of AT&T Inc. (NYSE:T – Free Report) by 15.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 117,562 shares of the technology company’s stock after selling 21,019 shares during the […]