Soros’s Money Managers in U.K. Poised for $38 Million Payday (Bloomberg)
The investment unit for George Soros’s family office in the U.K. expects to pay 28.8 million pounds ($38.2 million) to its partners and staff within the next three years as part of long-term compensation plans. SFM U.K. Management, which increased its employees to about 20 last year, has set aside 13.9 million pounds for 2020 under compensation commitments that vest over several years, up from an earmarked payment of 8.4 million pounds in 2019. The firm’s money managers separately received 34.5 million pounds for their performance last year after profits more than doubled, according to filings.
The Sr.V.P. Sales & Marketing of Service International (NYSE: SCI) is Buying Shares (Analyst Ratings)
Yesterday, the Sr.V.P. Sales & Marketing of Service International (SCI), Steven Tidwell, bought shares of SCI for $591.1K. Following this transaction Steven Tidwell’s holding in the company was increased by 53.65% to a total of $3.31 million. Based on Service International’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $918 million and quarterly net profit of $127 million.
Praxis Precision Medicines Inc (PRAX) CEO Marcio Souza Bought $100,304 of Shares (Guru Focus)
CEO of Praxis Precision Medicines Inc, Marcio Souza, bought 3,846 shares of PRAX on 11/10/2020 at an average price of $26.08 a share. The total cost of this purchase was $100,304. Praxis Precision Medicines Inc has a market cap of $1.03 billion; its shares were traded at around $27.98 . GuruFocus has detected 1 severe warning sign with Praxis Precision Medicines Inc.
Pfizer CEO Joins Pharma Executives Selling Stock in Rally (MSN Money)
(Bloomberg) — Pfizer Inc. Chief Executive Officer Albert Bourla pocketed about $5.6 million after selling stock, the latest executive to reap the rewards of insider share transactions amid a vaccine-fueled rally for some pharmaceutical companies. Bourla disposed of more than 130,000 shares on Monday, according to a filing with the U.S. Securities and Exchange Commission. Sally Susman, executive vice president and chief corporate affairs officer at Pfizer, also offloaded about $1.8 million in stock.
Exclusive: Amazon Accuses India’s Future of Insider Trading as It Seeks to Block Reliance Deal (U.S.News)
NEW DELHI (Reuters) – Amazon.com Inc has asked India’s market regulator to investigate Future Retail Ltd for insider trading, a letter seen by Reuters showed, as it seeks to prevent its business partner from becoming part of rival Reliance’s empire. The U.S. giant has been pressing the Securities and Exchange Board of India (SEBI) to review Reliance’s August deal to buy retail, logistics and other assets from Future Group for $3.4 billion including debt.
