Cannabis companies, betting on a Biden win, ready IPOs

A year ago, Flora Growth Chief Executive Damian Lopez had just spent a chunk of his company's seed capital buying a Colombian cannabis producer, and was fighting his way through the legal and financial hurdles that have made development of the industry such a challenge over the past decade.

Fledgling private equity firms falter as virus curbs in-person wooing

Private equity fund investors have been favoring established buyout firms over first-time managers in recent months, as the challenges of carrying out due diligence remotely during the COVID-19 pandemic reduce their appetite for risk.

Analysis: Investment strategy based on reducing risk faces its own challenge

A fund trading strategy that tracks hundreds of billions of dollars in assets and often gets blamed for exacerbating market selloffs is facing a challenge from the policy response to the pandemic. But fund managers said they are adapting, and new money is flowing in.

Almost like being there: Making the most of virtual conferences

When Diane Leonard checked in to a conference the other day, the routine was familiar: Watching keynote speakers, interacting with other attendees, bumping into friends.

Small investment funds buy Venezuela bonds to pressure Maduro and Guaido

Three small investment funds have started buying defaulted Venezuelan bonds as hopes of a change of government are fading and the South American nation is proposing a restructuring, according to sources and documents.

Investor PrimeStone urges LivaNova to shake up business, says share price could double

Investment firm PrimeStone is pressing medical device maker LivaNova PLC to consider strategic options including selling parts of its business, refreshing its board and hiring a new finance chief, saying such steps could double its share price.

Exclusive: Goldman Sachs financial targets jeopardized as pandemic slows revamp

Goldman Sachs Group Inc management is considering whether to scale back financial targets set earlier this year, as the coronavirus pandemic has hindered the bank's business model revamp, analysts and sources inside the bank told Reuters.

U.S. bank stocks are fine, if you are rich in patience

The U.S. bank sector has been pummeled this year but investors hunting for bargains there may need deep reserves of patience as banks are particularly sensitive to low interest rates, the uneven economic recovery and the muddy stimulus outlook.

Fearing Biden tax hikes, wealthy Americans rush to change estate plans

Wealthy Americans are scrambling to change their estate plans before year-end, worried that Democrat Joe Biden will win the U.S. presidential election and raise taxes, say financial advisers to the moneyed set.

Icahn sees energy sector rebound but urges patience

Billionaire investor Carl Icahn said on Thursday the energy sector will bounce back one day but shareholders need to be very patient and he is not urging people to buy.

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