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  • Harbour Trust & Investment Management Co Makes New $17.57 Million Investment in Mastercard Incorporated (NYSE:MA)

    Harbour Trust & Investment Management Co acquired a new position in Mastercard Incorporated (NYSE:MA – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 41,183 shares of the credit services provider’s stock, valued at approximately $17,565,000. Mastercard accounts […]

  • Is Trump's $175 million civil fraud bond valid in New York?

    When former President Donald Trump posted a $175 million bond in New York on Monday, it appeared that he had evaded a financial crisis. He had paused enforcement of the more than $460 million judgment against him following a civil fraud trial, while his appeal is pending. But the surety bond was missing vital information typically included in those filings, experts say. These standard elements include documents related to power of attorney for the bond provider, Knight Specialty Insurance...

  • GTA VI Publisher Cancels $140 Million In New Projects And Lays Off Hundreds

    Grand Theft Auto VI publisher Take-Two Interactive announced massive cuts in an SEC filing at the end of business today. The company revealed it will lay off 5 percent of its roughly 11,000-strong workforce and has cancelled several in-development projects valued at $140 million in an effort at “rationalizing its pipeline.” “The Company estimates that it will incur approximately $160 million to $200 million in total charges in connection with the Plan,” Take-Two wrote in its filing. “The...