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Stock Market & Financial Investment News

News Breaks
August 4, 2014
09:51 EDTSODASoros Fund exits stake in SodaStream, The National reports
Soros Fund Management, which disclosed in a filing in May that it had held a stake in SodaStream, confirmed in a statement to The National of Abu Dhabi that it no longer owns shares of the company, though would not comment further on when and why it sold the shares. However, the report noted that Palestinian activist and co-founder of the BDS movement, Omar Barghouti, said Soros quit its investment in SodaStream and promised in private letters to issue guidelines to prevent any investment into companies that "sustain the Israeli occupation" following pressure from partners in the region. SodaStream spokeswoman Nirit Hurwitz told Bloomberg in an email that the company does not comment on holder activities, Bloomberg reported after The National's re;port. Reference Link
News For SODA From The Last 14 Days
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September 16, 2014
10:00 EDTSODASodaStream trades higher on talks to sell report, levels to watch
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09:25 EDTSODAOn The Fly: Pre-market Movers
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09:15 EDTSODASodaStream volatility expected to move on talks to sell itself report
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07:38 EDTSODASodaStream in talks to sell itself to British fund, TheMarker says
SodaStream is in talks to sell itself to a "British investment fund" for $840M, or $40 per share, according to Israel's TheMarker, citing "capital market" sources. Shares of SodaStream trading in New York are up nearly 4% early in pre-market trading following the Hebrew-language report. Reference Link

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