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Jared Kushner's $2B Saudi Funding 'Biggest Political Scandal ... In Modern Politics,' Says Congressman: 'Something That Must Be Investigated'
Sunday, September 17, 2023 - 8:46pm | 548Read More...Donald Trump’s daughter Ivanka Trump and son-in-law Jared Kushner may be the poster children for questionable family business, said MSNBC host Jonathan Capehart on Saturday. His comments came in light of the recent indictment of President Joe Biden’s son Hunter Biden and the subsequent...
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Marcato Pounds The Table On Buffalo Wild Wings, Calls For 5 Drastic Changes
Wednesday, August 17, 2016 - 1:56pm | 452Read More...Marcato Capital Management is blaming Buffalo Wild Wings (NASDAQ: BWLD) management for its failure to reach an understanding on enhancing the shareholder value. The investment firm indicated that it has been holding discussions privately with the company and found lackluster responses. Marcato...
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General Motors Under The Grip Of Activists
Tuesday, February 10, 2015 - 5:10pm | 426Read More...It seems the recent upbeat results and raise in dividends by General Motors Company (NYSE: GM) were not enough to satisfy some shareholders. It was revealed on Tuesday, February 10, that four hedge funds have combined their powers to fight for a seat in the company’s board and push...
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Why Shares Of Lear Corporation Were Trading Higher On Tuesday
Tuesday, February 3, 2015 - 12:12pm | 95Read More...Shares of Lear Corporation (NYSE: LEA) were trading higher by nearly 5 percent Tuesday morning after activist investment firm Marcato Capital is reportedly pushing the company to split. CNBC's Kate Kelly tweeted that Marcato Capital wants the company to separate its electrical and seating business...
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CNBC Reporting Paulson Dumps Bank of America Block
Thursday, June 30, 2011 - 12:20pm | 51Read More...CNBC's Kate Kelly is reporting that John Paulson's Paulson & Co hedge fund has sold a large chunk of its Bank of America (NYSE: BAC) stock. At last check, shares of Bank of America were off 14 cents to $11.00, a loss of 1.4% on 130 million shares.
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Zynga Stands For $20 Billion In Fake Goods
Tuesday, June 28, 2011 - 12:36pm | 134Read More...Just a few minutes ago, CNBC's Kate Kelly reported that Zynga is set to go public any day now, perhaps as soon as tomorrow. The company is going to raise an astounding $1.5 to $2 billion in the initial public offering, and has selected Morgan Stanley as the lead underwriter of the IPO. What is...
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Pandora Could Price At $15 Per Share
Tuesday, June 14, 2011 - 5:16pm | 53Read More...Pandora (NYSE: P) is going to price its IPO, and while the pricing is still in negotiations, there is talk that Pandora could price its IPO at $15 per share, nearly twice what the originally talk was. CNBC's Kate Kelly was the first to report this.
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Dunkin' Brands To IPO This Summer
Thursday, April 14, 2011 - 1:35pm | 96Read More...CNBC's Kate Kelly is reporting that Dunkin' Brands is going to go public sometimes this summer, and hopes to raise anywhere between $500-$700 million. The company has not filed its S-1 yet, but Kelly is reporting that J.P. Morgan and Barclays are the lead underwriters on the deal. All of these...
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Groupon, Pandora Met With Bankers To Discuss IPO's
Thursday, January 13, 2011 - 6:49pm | 131Read More...According to CNBC' Kate Kelly, Groupon and Pandora have both met with investment bankers today to dsicuss potential IPO's. Groupon's IPO could be around $1 billion, perhaps more in the offering. Pandora has talked about an offering of a much smaller size, in the neighborhood of $100 million....
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Viewers Tuning Out CNBC
Friday, June 4, 2010 - 10:33am | 297Read More...Competition is heating up in the business news segment. The May Nielsen numbers suggest that CNBC's ratings are being squeezed by the likes of Fox Business Network. The substantial stock market sell off in May, which was the worst in nearly 50 years, may also have contributed to lower numbers at...
