Globe Life Becomes Target of Second Short Seller This Month usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
(Reuters) - Enterprise software and security provider Island said on Tuesday it had raised fresh capital in a late-stage funding round that doubled its valuation to $3 billion in six months. The company raised $175 million in a Series D round, led .
Island Hits $3 Billion in Valuation After Latest Fund Raise usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Viceroy Research revealed a short position against life insurer Globe Life on Tuesday, making it the target of a second short-seller attack within a month. The short seller said it.
Interest income rose nearly six times to $28 million in the first quarter ended March, primarily due to interest earned on $5 billion investment of debt proceeds used to fund the purchase of NFP. Last year, Aon agreed to buy privately held NFP in a deal valued at about $13.4 billion to tap the fast-growing middle-market segment of insurance brokerage, wealth management and retirement plan advisory. Fiduciary investment income, which rose to $79 million in the quarter from $52 million a year ago, refers to interest earned on funds held in a fiduciary capacity by entities acting in a custodial role.