Tuesday Ticker: Tesla won’t hit production marks for Model 3

Tesla introduced one of the first Model 3 cars during an event earlier in 2017. Production has not come close to the marks CEO Elon Musk predicted, with some reports saying that bottlenecks are so bad workers are making some parts by hand.

By Jeff Sanford Toronto, Ontario — October 9, 2017 — This week’s Tuesday Ticker looks at why stock markets continue to surprise on the upside, private equity funds prepare for AkzoNobel’s upcoming divestment, Tesla short sellers finally pay off, and much, much more! The Dow Jones hit another record high this past week, jumping 113 […]

Providence Equity takes majority stake in OEConnection

Providence Equity has struck a deal to acquire a 50 percent stake in OEConnection.

By Jeff Sanford Cleveland, Ohio — June 6, 2016 — OEConnection has announced a deal that sees Providence Equity Partners acquiring a majority equity stake in the company. According to terms of the deal, Providence Equity will take a 50 percent stake in OEConnection; two of the founding investors, Ford and GM, will reduce their […]