NRG Energy to buy Vivint Smart Home for $2.8B

video FOX Business Flash top headlines for December 6 Check out what’s clicking on FoxBusiness.com NRG Energy Inc. said it agreed to buy home-security business Vivint Smart Home Inc. for $2.8 billion in cash, as the energy-services company pushes to have a presence in more American homes. NRG said Tuesday it would pay $12 a share for Vivint, which offers […]

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BOQ chair says slow CEO transition would have been ‘destabilising’

Bank of Queensland executive chairman Patrick Allaway has acknowledged the sudden exit of former chief executive George Frazis would have surprised shareholders, but maintained change was needed to create a more resilient bank. Allaway also sought to explain the board’s move to dump Frazis before a replacement CEO had been found, arguing it would have been “destabilising” for the former […]

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Hertz to pay $168 million over theft, arrest problems

video FOX Business Flash top headlines for December 5 Check out what’s clicking on FoxBusiness.com Hertz is slated to pay a total of $168 million as part of settlement agreements in connection to allegations of the rental car company falsely reporting customers for vehicle theft, according to a Monday press release. Ticker Security Last Change Change % HTZ HERTZ GLOBAL […]

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Musk pushes Twitter files, Georgia runoff election, FTX fallout ongoing top week ahead

video GOP must elect Herschel Walker to prevent Dems from having ‘complete majority’: Collins “Cavuto: Coast to Coast” welcomes former Georgia Congressman Doug Collins as he discusses the high-profile support hitting the campaign trail ahead of the highly anticipated Georgia runoff election. Wall Street is setting up for a busy week with the oil market in focus after OPEC+'s decision […]

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Fisker Drops 5.4% on Fuzzy Panda Targeted Short Attack: Management Ready for ‘Aggressive Action’

Shares of eclectic vehicle manufacturer Fisker Inc (US:FSR) dropped -5.4% in trading on Thursday following a short seller attack from Fuzzy Panda Research. A link to the short report can be found here. Fuzzy Panda in the report after speaking with former employees of Fisker and Magna, claimed that Fisker is no longer the “asset-light’ business that it claims to […]

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Vanda Pharma Says Phase II Study Of VQW-765 To Treat Anxiety Showed Lower Stress Levels

Vanda Pharmaceuticals Inc. (VNDA) reported on Friday results in a Phase II clinical study of VQW-765, a novel small molecule alpha 7 nicotinic acetylcholine receptor (a7-nAChR) partial agonist, in the treatment of acute performance anxiety in social situations, such as public speaking. In clinical study VP-VQW-765-2201 (Study 2201), 230 volunteers with prior history of performance anxiety were randomized to receive […]

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Morgan Stanley CEO on Elon Musk: 'Wouldn’t bet against' him

video Investors should ‘step back’ before making emotional portfolio moves: Morgan Stanley exec Morgan Stanley Private Wealth Management senior VP Katerina Simonetti and Peapack Private Wealth Management’s David Dietze share their insights on best investment practices. Morgan Stanley CEO James Gorman on Thursday spoke favorably about billionaire Elon Musk at the Reuters NEXT conference, describing him as an "extraordinary executive" […]

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