NEW YORK, March 11 (Reuters) - Global hedge funds accelerated the unwinding of stock positions on Monday, mainly in the industrial sector, as they seek to reduce risk amid a selloff in U.S. stocks, according to Goldman Sachs ( GS ) notes. The bank said in a note that the de-risking had accelerated from Friday, a trend it had previously...

04:07 PM EDT, 03/11/2025 (MT Newswires) -- Olivier Pomel, Director, Chief Executive Officer, on March 07, 2025, sold 107,365 shares in Datadog ( DDOG ) for $11,762,573. Following the Form 4 filing with the SEC, Pomel has control over a total of 435,793 Class A common shares of the company, with 435,793 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1561550/000156155025000074/xslF345X05/wk-form4_1741723457.xml ...

04:07 PM EDT, 03/11/2025 (MT Newswires) -- Stacy Mills, Vice President and Controller, on March 10, 2025, sold 1,317 shares in Marsh & Mclennan Companies ( MMC ) for $309,455. Following the Form 4 filing with the SEC, Mills has control over a total of 2,923 common shares of the company, with 2,923 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/62709/000112760225009024/xslF345X05/form4.xml ...

04:09 PM EDT, 03/11/2025 (MT Newswires) -- TowneBank (TOWN) and Village Bank and Trust Financial ( VBFC ) said Tuesday they have received approval from the Federal Deposit Insurance Corp. and the Virginia State Corporation Commission for their proposed merger. The deal is expected to close in early April, they said. The latest approvals were the final regulatory hurdles the...