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Fairfax Financial has collected nearly $31 million in a suit over a stock manipulation scheme, after a jury entered a $10.9 million verdict against hedge fund Exis Capital Managment and two of its ...
(Note: All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from unaudited interim consolidated financial statements for the three and nine months ended September 30, 2024 prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board ("IFRS ...
Fairfax is carrying the minority interest in ICICI Lombard, on its balance sheet at $60 million, which appears to be a significant discount to intrinsic value (The 26% stake in ICICI Lombard is via Fairfax Asia, which is owned 100% by Fairfax Financial—which also includes a 29.5% economic interest owned by Odyssey Re Holdings Corp).
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Fairfax Media was a media company in Australia and New Zealand, with investments in newspaper, magazines, radio and digital properties. The company was founded by John Fairfax as John Fairfax and Sons, who purchased The Sydney Morning Herald in 1841. The Fairfax family retained control of the business until late in the 20th century.
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From stock market news to jobs and real estate, it can all be found here. ... Daily Rates. Mortgage and refinance rates for Feb. 11, 2025: Average rates steady, with 30-year benchmark under 7% ...