1. 1-22 of 22
    1. Vanguard's Chairman Says Cryptocurrencies Pose an ‘Idiosyncratic Risk’

      Vanguard's Chairman Says Cryptocurrencies Pose an ‘Idiosyncratic Risk’
      • Vanguard Group chairman F. William McNabb said Thursday that the ongoing cryptocurrency boom worries him “a little bit.”
      • "If something’s too good to be true, it probably is," he told Bloomberg TV.

      Vanguard Group chairman F. William "Bill" McNabb remains hesitant about the cryptocurrency craze, he told Bloomberg TV on Thursday...

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    2. There are 3 Reasons Why an Activist Investor Could Be interested in Lowe's

      There are 3 Reasons Why an Activist Investor Could Be interested in Lowe's
      • News that activist investor D.E. Shaw wants a potentially larger stake in Lowe's has caused its shares to climb.
      • Seth Sigman, an analyst at Credit Suisse, sees additional upside for the home retailer, as there are three things that make the company attractive.
      • Relative to its rival Home Depot, Sigman sees Lowe's as being a formidable investment opportunity...
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    3. Viacom Surges After Reports it's in Talks to Merge with CBS

      Viacom Surges After Reports it's in Talks to Merge with CBS

       

      • Shares of media conglomerate Viacom spiked as much as 12% just before the closing bell Friday after TheWrap reported it was in talks to merge with CBS. The stock closed up 7%.
      • The news website said CBS chairman Les Moonves is now open to the consolidation, reversing his previous stance, citing three individuals with knowledge of the talks.
      • Viacom was formed in 2005 out of a split from the previous iteration of the company, with the predecessor re-branded as the CBS Corporation...
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    4. Aflac Plummets After Allegations that the Company Deceived Shareholders

      Aflac Plummets After Allegations that the Company Deceived Shareholders
      • Shares of Aflac plummeted on Friday after the company was alleged to have "exploited workers, manipulated its accounting, and deceived shareholders and customers."
      • Aflac's shares were down 7.84% to $84.50 a share on Friday.
      • The investigative news site The Intercept first broke the news, interviewing nine former employees who have sued the company over the claims.
      • Aflac released a statement calling the allegations false...
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    5. Pershing Square, Valeant asked to appear for hearing on insider trading suit (VRX, Agn)

      Pershing Square, Valeant asked to appear for hearing on insider trading suit (VRX, Agn)

      Pershing Square, Valeant asked to appear for hearing on insider trading suit (VRX, AGN) Reuters Jan. 3, 2018, 01:02 AM Jan 2 (Reuters) - A U.S. court on Tuesday asked Valeant Pharmaceuticals International Inc and activist investor Bill Ackman's Pershing Square to appear for a hearing to discuss the proposed settlement in an insider trading lawsuit.

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    6. Disney and 21st Century Fox are Climbing as Report Says a Deal for Assets is Coming Thursday

      Disney and 21st Century Fox are Climbing as Report Says a Deal for Assets is Coming Thursday
      • Disney and Fox are all set to announce the sale of Fox's entertainment assets to Disney later this week, CNBC's David Faber reports.
      • The news sent shares of both the companies higher.
      • Watch the price of Fox move in real time on Markets Insider.

      Reports that 21st Century Fox is expected to announce the sale of its entertainment business to Disney on Thursday have sent shares of both companies higher...

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      Mentions: Disney Sale Merger
    7. A Bidding War for 21st Century Fox Could Break Out — Here's How it Got to that Point

      A Bidding War for 21st Century Fox Could Break Out — Here's How it Got to that Point

      21st Century Fox may be open to selling off many of its media assets amid troubles in its Sky Broadcasting acquisition and increased competition.

      • Disney was the first interested buyer, with Comcast and Verizon coming in about a week later.
      • 21st Century Fox's stock has risen each time a new interested buyer was reported, leading to speculation a bidding war could break out...
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    8. Procter and Gamble Slides After Claiming Victory in Biggest Proxy Fight in History

      Procter and Gamble Slides After Claiming Victory in Biggest Proxy Fight in History

      Procter and Gamble, the maker of household products like Tide and Crest, is sliding after claiming victory in a proxy battle with activist investor Nelson Peltz.

      Shares were down as much as 2.66% after the company said investors had rebuffed the activist investor. P&G is trading at $91.10 as of 11 a.m. in New York on Tuesday...

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    9. GE is Sliding After an Activist Investor Lands a Board Seat (GE)

      GE is Sliding After an Activist Investor Lands a Board Seat (GE)

      General Electric's new CEO is making it clear who is in charge now.

      John Flannery, GE's new CEO and chairman of the board, approved a new activist shareholder to the board just days after a chief financial officer shakeup, Bloomberg reports. The company's stock is down about 3% on Monday after the news.

      On Monday, Flannery named Ed Garden, a founding partner of activist investing firm Trian Fund Management, to GE's board of directors, according to a report from Rick Clough of Bloomberg...

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      Mentions: Management CEO CFO
    10. Twitter is Tumbling After Reporting Zero User Growth

      Twitter is Tumbling After Reporting Zero User Growth

      Twitter is tumbling in pre-market trading, trading down 9.73% at $17.71 a share.

      The social media company reported no monthly active user growth in the second quarter, which was one of the main metrics investors were looking for.

      The company missed on user growth, but grew its revenue in the second quarter. Twitter reported revenue of $574 million, which beat Wall Street's estimates of $537 million...

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      Mentions: Investors Twitter
    11. Nestle and L'Oreal are getting a Boost from an Activist Investor

      Nestle and L'Oreal are getting a Boost from an Activist Investor

      Nestle's stock price is getting a huge boost from an activist hedge fund.

      Daniel Loeb, famous for being a successful activist investor in companies like Yahoo and Sony, has set his sights on the consumer conglomerate Nestle.

      Loeb's hedge fund, Third Point, released a note Sunday disclosing its share in Nestle. The fund currently owns roughly 40 million shares, worth about $3.5 billion...

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    12. Whole Foods Stock Soars After Being Bought by Amazon

      Whole Foods Stock Soars After Being Bought by Amazon

      Amazon announced a huge move to buy Whole Foods for $13.7 billion Friday morning.

      Trading of Whole Foods shares was temporarily halted shortly after the announcement and the stock saw a huge bump once trading resumed.

      Shares of Whole Foods are currently trading at around the offer price of $42, which puts the grocer up about 27.5% on its opening price...

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    13. ValueAct Says It Owns Under 5% of KKR & Co. (KKR)

      ValueAct Says It Owns Under 5% of KKR & Co. (KKR)

      NEW YORK, April 27 (Reuters) - ValueAct Capital, the $16 billion activist shareholder, said it has invested in asset management company KKR & Co., and owns less than 5 percent. KKR generates strong management fees and does an excellent job of seeding new products and businesses, ValueAct President Mason Morfit said on Thursday at the Active-Passive Investor Summit...

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    14. Whole Foods Shares Jump on Report that Amazon had Considered a Bid

      Whole Foods Shares Jump on Report that Amazon had Considered a Bid

      Whole Foods is up again Wednesday morning, higher by 1.5%, after a pair of analyst upgrades and a Bloomberg report that Amazon had considered a bid for the company last fall but never followed through. Whole Foods is under pressure from activist Jana Partners to pursue a sale. Jana on Tuesday disclosed an 8.3% stake in Whole Foods. Amazon is on Jana's list of hypothetical buyers...

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      Mentions: SEC
    15. Activist Investor Red Mountain Pushes Deckers' Board to Explore Sale

      Activist Investor Red Mountain Pushes Deckers' Board to Explore Sale

      Activist investor Red Mountain pushes Deckers' board to explore sale Reuters Mar. 27, 2017, 04:40 PM March 27 (Reuters) - Investment management firm Red Mountain Capital Partners LLC is pushing apparel and accessories maker Deckers Outdoor Corp's board to explore a sale of the company. The firm, in a letter to Deckers' board on Monday, said the value of a sale to a strategic or financial buyer is substantially higher than the operating plan announced by the company's management on Feb 2...

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    16. Wall Street is Starting to Talk About the Possibility of Apple Buying Disney (DIS, Aapl)

      Wall Street is Starting to Talk About the Possibility of Apple Buying Disney (DIS, Aapl)

      Apple's cash pile of more than $200 billion is a favorite topic of investors, bloggers, and traders. It might be the largest cash reserve for any private company in history.

      So what is Apple going to do with all that dough?

      One theory is that Apple will use its stockpile to buy Disney, according to RBC analyst Steven Cahall:

      "Bulls think it portends well for a swan song exit via a sale to a giant like AAPL," Cahall wrote in a note sent out to clients on Friday...

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    17. Wall Street is Loading up on Bets Against Snapchat (SNAP)

      Wall Street is Loading up on Bets Against Snapchat (SNAP)

      Traders are loading up on short bets against Snapchat. Short interest in the stock has surged to more than 30 million shares, making up about 15.4% of the shares available for trading, according to Data provided by Wall Street analytics firm S3 Partners.

      Snapchat priced its initial public offering at $17 a share and made its Wall Street debut at $24. Shares climbed as high as $28.84 on March 3, its second day of trading, but have been retreating ever since...

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      Mentions: Hedge Fund
    18. Kate Spade is Exploring Ways to Sell Itself — and the Stock is Soaring (KATE)

      Kate Spade is Exploring Ways to Sell Itself — and the Stock is Soaring (KATE)

      Kate Spade is up 11.18% at $21.87 a share as the company said it is "reviewing strategic alternatives," in a press release issued on Thursday.  The handbag and accessories maker is under pressure from New York-based hedge fund Caerus Investors, which sent its board a letter in November pushing for a sale of the company...

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    19. Ralph Lauren is Tanking After its CEO Abruptly Resigns

      Ralph Lauren is Tanking After its CEO Abruptly Resigns

      Ralph Lauren is down almost 10% at $78.62 a share ahead of the opening bell after its CEO resigned on Tuesday.  Reuters reports that Stefan Larsson, its chief executive for just over a year, will step down on May 1 after contention with chairman Ralph Lauren over the direction of the company.  In other challenges, the fashion company reported a 12% drop in holiday quarter revenue to $1.71 billion due to weak consumer demand...

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      Mentions: CEO
    20. Yahoo Drifts Little Changed After the SEC Says it's Looking into why it Took the Company so Long to Tell Investors About its Hacks

      Yahoo Drifts Little Changed After the SEC Says it's Looking into why it Took the Company so Long to Tell Investors About its Hacks

      Yahoo is down 0.02% at $42.04 a share on Monday morning after US regulators announced they are investigating why it took the company so long to disclose it was hacked.  According to a new report from The Wall Street Journal, The Securities and Exchange Commission (SEC) is examining whether the company should have told investors sooner about two huge data breaches...

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      Mentions: Investors CEO SEC
    1-22 of 22
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