MIDEAST STOCKS - Factors to watch - May 24
DUBAI, May 24 Here are some factors that may affect Middle East stock markets on Wednesday. Reuters has not verified the press reports and does not vouch for their accuracy.
WASHINGTON Microsoft Corp. Chairman Bill Gates disclosed on Tuesday his foundation holds stakes in McDonald's Corp., wireless tower operator Crown Castle International Corp. and Progressive Corp., the third-largest U.S. auto insurer.
The Bill & Melinda Gates Foundation Trust reported its holdings as of June 30 in a quarterly filing with the U.S. Securities and Exchange Commission.
The filing revealed that the trust holds 740,000 shares of McDonald's, the world's biggest restaurant company, 5 million shares of Crown Castle, and 1.5 million shares of Progressive.
The trust also reported that it had increased its stake in photography company Eastman Kodak Co. to 2.6 million shares from 100,000 shares as of March 31.
* Trade Desk announced pricing of follow-on offering of 4.32 million shares of class a common stock by certain selling stockholders at price to public of $52/share Source text for Eikon: Further company coverage:
May 23 Newark Liberty International Airport in New Jersey was reopened late on Tuesday night after it was shut down when 131 people were evacuated from a United Airlines flight after flames were spotted coming from one of the jet's engines.