Highbridge Capital Management Llc Cuts Stake in Pivotal Investment Corporation III (PICC)

Fintel reports that Highbridge Capital Management Llc
has filed a 13G/A form
with the SEC disclosing ownership of
0.00MM
shares of Pivotal Investment Corporation III (PICC).

This represents 0.0% of the company.

In their previous filing dated February 9, 2022
they reported 2.21MM shares and 8.01% of the company,
a decrease in shares of 100.00%
and
a decrease in total ownership of
8.01%
(calculated as current – previous percent ownership).

Fund Sentiment

There are 100 funds or institutions reporting positions in Pivotal Investment Corporation III.
This is an increase
of
4
owner(s) or 4.17%.

Average portfolio weight of all funds dedicated to Pivotal Investment Corporation III is 0.1353%,
an increase
of 60.0328%.

Total shares owned by institutions increased
in the last three months by 12.60% to 27,343,499 shares.

What are large shareholders doing?

Magnetar Financial LLC
holds 2,004,687 shares

representing 5.81% ownership of the company.

In it’s prior filing, the

Read More

Tieton Capital Management, LLC Cuts Stake in Key Tronic Corporation (KTCC)

Fintel reports that Tieton Capital Management, LLC
has filed a 13G/A form
with the SEC disclosing ownership of
0.74MM
shares of Key Tronic Corporation (KTCC).

This represents 6.9% of the company.

In their previous filing dated January 19, 2022
they reported 0.80MM shares and 7.40% of the company,
a decrease in shares of 6.74%
and
a decrease in total ownership of
0.50%
(calculated as current – previous percent ownership).

Fund Sentiment

There are 61 funds or institutions reporting positions in Key Tronic Corporation.
This is a decrease
of
0
owner(s) or 0.00%.

Average portfolio weight of all funds dedicated to Key Tronic Corporation is 0.0518%,
a decrease
of 10.4896%.

Total shares owned by institutions increased
in the last three months by 65.84% to 4,799,793 shares.

What are large shareholders doing?

Moors & Cabot, Inc.
holds 171,150 shares

representing 1.59% ownership of the company.

In it’s prior filing, the firm reported

Read More

Laird Norton Trust Company LLC Cuts Stake in Comerica Incorporated (NYSE:CMA)

Laird Norton Trust Company LLC trimmed its holdings in Comerica Incorporated (NYSE:CMA – Get Rating) by 50.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,319 shares of the financial services provider’s stock after selling 3,352 shares during the period. Laird Norton Trust Company LLC’s holdings in Comerica were worth $238,000 as of its most recent filing with the Securities and Exchange Commission.

→ Without Graphite, There Would Be ZERO EV Batteries! (From Investing Trends)

Other large investors have also recently added to or reduced their stakes in the company. Ronald Blue Trust Inc. acquired a new stake in shares of Comerica in the second quarter worth approximately $27,000. Oakworth Capital Inc. purchased a new stake in shares of Comerica during the second quarter valued at approximately $34,000. Evoke Wealth LLC raised its stake in shares

Read More

Amazon Air cargo service launches in India even as company cuts costs

A wide body aircraft emblazoned with Amazon’s Prime logo lands at Lehigh Valley International Airport in Allentown, Pennsylvania, U.S. December 20, 2016. Picture taken December 20, 2016. To match Insight AMAZON.COM-SHIPPING/ REUTERS/Mark Makela

REUTERS/Mark Makela

Amazon on Monday announced it’s bringing its air cargo operations to India, marking fresh growth for the company’s logistics arm even as it looks to cut costs in other divisions.

The e-retailer is using two Boeing 737-800 aircraft flown by Quikjet Cargo Airlines to ship packages between Hyderabad, Bengaluru, Delhi and Mumbai. Amazon Air will enable the company to offer faster deliveries to customers in India, said Sarah Rhoads, vice president of Amazon Global Air, in a statement.

The launch of Amazon Air in India comes as Amazon CEO Andy Jassy is undergoing a broad review of the company’s expenses as it stares down a worsening economic outlook and slowing retail sales. Last week, Amazon

Read More

Big U.S. banks continue to add jobs as Goldman Sachs cuts staff

NEW YORK, Jan 13 (Reuters) – JPMorgan Chase & Co (JPM.N) and Bank of America Corp (BAC.N) continued to add staff as the economy softens, even after the ranks of the five biggest U.S. lenders swelled by 100,000 since the start of 2020.

The chief financial officers of the two biggest U.S. banks said they would hire selectively despite waning economic growth.

JPMorgan’s (JPM.N) Chief Financial Officer Jeremy Barnum said the bank is still hiring and “in growth mode” in a call with journalists to discuss the bank’s fourth-quarter earnings.

The bank’s headcount will probably rise modestly, although “there will be different adjustments at different times, and we’re seeing that all across the company,” Barnum said.

Bank of America (BAC.N) also continues to hire, particularly in wealth management, while also remaining disciplined on its expenses, Chief Financial Officer Alastair Borthwick told reporters on Friday. Its workforce swelled to 216,823 at

Read More