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Global Payments Stock Climbs After Elliot Management Takes Stake
Tuesday, July 15, 2025 - 4:52pm | 294Read More...Global Payments, Inc. (NYSE:GPN) are trading higher in Tuesday's extended sessions after the Financial Times reported that activist hedge fund Elliott Management acquired a significant position in the company. The Details: Elliot's demands and size of the fund's stake could not be determined,...
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BP Set To Report Q4 Earnings As Elliot Management Builds Stake: Declining Margins, Revenues In The Spotlight
Monday, February 10, 2025 - 5:25pm | 432Read More...BP p.l.c. (NYSE:BP) shares are trading higher Monday after the Wall Street Journal reported that activist investment fund Elliot Management had taken a stake in the London-based oil company. BP is also set to report its fourth-quarter results ahead of Tuesday's opening bell. Here's a look at what...
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Paul Singer's Elliott Management Sold SoftBank Stake Amid Tech Selloff; Built Higher Stake In Toshiba
Tuesday, August 16, 2022 - 8:36am | 480Read More...Hedge fund Elliott Management dumped almost all of its position in Softbank Group Corp (OTC: SFTBY) earlier this year during the meltdown, the Financial Times reports. Elliott lost conviction in the founder Masayoshi Son and his ability to close the considerable gap between the...
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Activist Fund Elliott Management Wants GlaxoSmithKline Board Shakeup For 'Years Of Under Management'
Thursday, July 1, 2021 - 3:05pm | 461Read More...Elliott Management has finally made its intentions around GlaxoSmithKline plc (NYSE: GSK) known and calls for changes to rescue GSK from what it called "years of under-management." In an open letter to GSK Chairman Jonathan Symonds, the investment firm wants a...
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SoftBank Shuns Elliot Management's Call For Board Oversight Of Vision Fund
Monday, July 6, 2020 - 3:30am | 423Read More...SoftBank Group Corp (OTC: SFTBY) will not heighten board oversight of its Vision Fund despite the demands of the activist investor Elliot Management. What Happened The $100 billion Vision Fund is in the crosshairs of Elliot Management, which wants the Japanese group to create a...
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Barron's Picks And Pans: Walmart, China Mobile, Match And More
Saturday, October 7, 2017 - 6:56pm | 547Read More...This weekend's Barron's examines how the world's largest retailer is getting its growth back on track. Other featured articles discuss an upscale furnishings retailer with pricey shares and a Chinese telecom leader with a lot of cash. An IT leader and an online dating websites operator are also...
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MUFG Wouldn't Be Surprised If Qlik Sale Rumor Is True
Monday, March 28, 2016 - 2:55pm | 291Read More...Shares of Qlik Technologies Inc (NASDAQ: QLIK) spiked higher by more than 8 percent following unconfirmed M&A chatter. Stephen Bersey of MUFG commented in a note that market chatter of a potential sale is likely to be "accurate." The analyst maintained an Outperform rating on shares of Qlik...
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Report: Bass Pro Shops Working On Potential Deal For Cabelas
Thursday, November 5, 2015 - 3:52pm | 309Read More...Privately owned Bass Pro Shops is said to be in talks to acquire Cabelas Inc (NYSE: CAB). Shares of Cabelas spiked higher by more than 8 percent following a report by Reuters. A Bass Pro Shops spokesperson confirmed with Benzinga it is aware of the report, but it is company policy not to...
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Why EMC Corp Will Not Spin Off VMware
Friday, February 27, 2015 - 7:43pm | 242Read More...EMC Corporation (NYSE: EMC) will not spin off its majority stake in VMware, Inc. (NYSE: VMW), according to a Reuters report. The decision was made despite pressure from activist investor Elliott Management Corp, which holds a 2.2 percent stake in EMC. According to Reuters, "Elliott...
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Argus Says Investors Celebrating Juniper Networks Based On 'Low-Ball Guidance'
Monday, February 2, 2015 - 5:50pm | 234Read More...Argus maintained a Hold rating on Juniper Networks, Inc. (NYSE: JNPR) in a report issued Monday following the company’s Q4 results. Analyst Jim Kelleher noted that the company “posted a 14 percent year-over-year revenue decline in 4Q14, as the company’s routing and switching...
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Barclays On Informatica Rumor: Takeout Candidate Investors Have To Decide Between Meaningful Growth And A Sale
Thursday, January 29, 2015 - 11:56am | 275Read More...In a report rolled out Wednesday, Barclays analysts Raimo Lenschow and Saket Kalia commented on the rumor about Paul Singer’s Elliott Associates pushing for a sale of Informatica Corporation (NASDAQ: INFA). Analysts at Wedbush already weighed in on the situation, and said that...
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Activist Investors Picking Up Where They Left Off
Saturday, January 10, 2015 - 2:05pm | 548Read More...Love them or hate them, activist investors have been making their presence known over the past five years, and it looks like 2015 will be no exception. This week, Trian Fund Management LP, led by activist investor Nelson Peltz, squared up for a standoff with E I Du Pont De Nemours And Co (NYSE:...
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Argentine Stocks In Focus: What Are Analysts Saying?
Monday, January 5, 2015 - 5:37pm | 465Read More...Argentina made the news throughout 2014, mainly because of its dispute with several “holdouts,” including famed funds like Elliot Management, which wouldn’t accept the exchange offer launched by the country in an attempt to restructure its debt. Despite these disputes, there...
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Markets Steady Despite Mixed Economic Data
Thursday, July 24, 2014 - 4:42pm | 2792Read More...U.S. stocks were little changed as economic data came in mixed. The Commerce Department reported that new home sales fell in the month June, while initial jobless claims came in better than expected. Investors and traders cheered positive quarterly results from Facebook and Ford, while news...
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Markets Lower As Geopolitical Uncertainty Continues
Monday, July 21, 2014 - 4:46pm | 2931Read More...U.S. stocks were lower as leaders from Britain, France, Germany and Canada have all made their respective countries position clear that Russia will face further sanctions if air investigators are not given full access to the crash site in Ukraine. Israel continued its ground offensive in the...
