Ownership Changes
- ECONOMY
WSJ News Exclusive | Third Point Has Big Shell Stake, Urges Energy Giant to Break Up
Daniel Loeb’s Third Point LLC has taken a large stake in Royal Dutch Shell RDS.A 2.73% PLC and is urging…
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Ince Group’s boss says takeover of broker Arden pulls investment banking and legal services under one roof
The boss of listed law firm, The Ince Group, said the firm’s proposed takeover of corporate broker Arden Partners would…
Read More » - Stocks
Another rough day for MAGA meme stocks, but at least they’re not Robinhood
The only thing falling faster than MAGA meme stocks might be a meta meme stock. The manic energy that retail…
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Companies under pressure to disclose climate risks to investors
When Bank of Montreal began considering how climate change could affect its business in 2019, it turned to others for…
Read More » - ECONOMY
GE’s Profits Rise but Sales Miss Forecasts
General Electric Co. GE 1.20% reported stronger profits as cost cutting offset lower-than-expected sales of its industrial equipment in the…
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Schroders strikes deal for River & Mercantile solutions arm
Schroders, the £717bn UK listed asset manager, has struck a deal to acquire the £42bn solutions business of River & Mercantile…
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Blackstone’s co-head of hedge fund arm plans to leave firm
The co-head of Blackstone’s big hedge-fund unit plans to leave the firm as the private equity giant seeks higher returns and faster…
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New flock of private equity investors migrates to Africa as fundraising recovers from Covid dip
The private equity fundraising frenzy has spread to all corners of the globe. This month, it reached Africa. Development Partners…
Read More » - Stocks
Dear Facebook: No one cares about Oculus; give us Instagram revenue!
Facebook Inc. is copying Google’s playbook with its latest diversionary tactics, so why doesn’t it skip to the point and…
Read More » - Stocks
I’m a Trump supporter, but as an investor I’m wary of the Trump SPAC
Every time I have been to Mar-a-Lago, Donald Trump has been a gracious host to my family, and we have…
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