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Elliott Management builds big stake in SoftBank: reports

Activist investor Elliott Management Corp. has quietly amassed a stake worth more than $2.5 billion in SoftBank Group Corp. , and is in dis.....»»

Category: topSource: marketwatchFeb 6th, 2020

SAP CEO welcomes "fantastic" activist shareholder Elliott

SAP CEO Bill McDermott on Tuesday welcomed a $1.3 billion investment by activist investor Elliott, saying the U.S. hedge fund group was aligned with his goal of expanding margins by driving top-line growth......»»

Category: topSource: reutersMay 7th, 2019

Elliott proposes "accelerate Hyundai" changes

(Reuters) - Activist investor Elliott Management Corp on Monday proposed the addition of three independent members to the board of Hyundai Motor Group in a document laying out its agenda after taking a more than $1 billion stake in the carmaker......»»

Category: topSource: reutersApr 23rd, 2018

Hyundai set for Elliott showdown as it rejects $6.3 billion payout call

Hyundai Motor Group on Tuesday rejected demands by U.S. activist investor Elliott Management for a combined 7 trillion won ($6.3 billion) dividend payout and new board members, complicating efforts to revamp South Korea's second-biggest conglomerate......»»

Category: topSource: reutersFeb 26th, 2019

Hyundai rejects Elliott"s payout call, shares rise ahead of showdown meeting

Hyundai Motor Group on Tuesday rejected demands by U.S. activist investor Elliott Management for a combined 7 trillion won ($6.3 billion) dividend payout and new board members, complicating efforts to revamp South Korea's second-biggest conglomerate......»»

Category: topSource: reutersFeb 26th, 2019

CarMax Reacts Swiftly After Earnings Miss With $1.25B Bond Sale: Report

CarMax reportedly reacts swiftly to earnings miss with a $1.25B bond sale, aiming to address investor concerns. Mitsubishi UFJ Financial Group oversees the deal, anticipated to rise to $1.6 billion. read more.....»»

Category: blogSource: benzingaApr 12th, 2024

5 Stocks To Watch For May 11, 2021

Some of the stocks that may grab investor focus today are: Wall Street expects TransDigm Group Incorporated (NYSE: TDG) to report quarterly earnings at $2.51 per share on revenue of $1.17 billion before the opening.....»»

Category: personnelSource: nytMay 11th, 2021

Latham stock opens to investor cheers, valuing home swimming pool company at nearly $3 billion

Investors cheered Latham Group Inc.'s Wall Street debut, as in-ground residential swimming pool company's st.....»»

Category: topSource: marketwatchApr 23rd, 2021

StockX Valued 35% Higher At $3.8B In Latest Funding

StockX LLC said Thursday it has raised $255 million in a funding round led by existing investor Altimeter Capital and Dragoneer Investment Group as a new investor, valuing the e-commerce startup at $3.8 billion. read more.....»»

Category: blogSource: benzingaApr 8th, 2021

Editor"s Briefing: Pressure remains on Evergy from activist investor — and an ally

Agreements with Evergy Inc. follow a familiar game plan for Elliott Management Corp. and Bluescape Energy Partners LLC......»»

Category: topSource: bizjournalsFeb 28th, 2021

Office Depot rejects Staples’ $2.1 billion buyout offer

Office Depot's parent company rejected a buyout offer from the investor group that controls rival Staples. But the Boca Raton company said it would entertain other possibilities that wou.....»»

Category: topSource: chicagotribuneJan 20th, 2021

SoftBank shares attractive near-term as buyback eyed: UK"s AVI

SoftBank Group's planned $22.5 billion share buyback presents an attractive buying opportunity but it is not a clear longterm investment, said a London-based investor that has built up a small stake......»»

Category: topSource: reutersApr 21st, 2020

WeWork directors sue SoftBank over decision to abandon deal

Two independent WeWork directors have filed a lawsuit against SoftBank Group Corp., its biggest shareholder, after the Japanese investor scrapped a $3 billion agreement to buy stock from former Chief... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 8th, 2020

SoftBank plans to abandon WeWork investor deal

SoftBank Group Corp. scrapped an agreement to spend $3 billion to buy WeWork stock from former Chief Executive Officer Adam Neumann and other shareholders, despite threats of legal action from some members of the company’s board......»»

Category: topSource: moneycentralApr 2nd, 2020

SoftBank shares jump 20% on record buyback announcement

SoftBank Group Corp stock jumped 20% on Tuesday, extending a run that began a day earlier when the Japanese tech investor announced up to $41 billion in asset sales and a record share buyback to shore up its collapsing share price......»»

Category: topSource: reutersMar 23rd, 2020

SoftBank plans to sell $41 bln of assets

SoftBank Group Corp plans to raise as much as $41 billion to buy back shares and reduce debt in an unprecedented move to restore investor confidence as a financial market rout pummels its shares and its portfolio companies. Ciara Lee reports.....»»

Category: videoSource: reutersMar 23rd, 2020

SoftBank plans $41 billion of asset sales to expand buyback and cut debt

SoftBank Group Corp plans to raise as much as $41 billion to buy back shares and reduce debt in an unprecedented move to restore investor confidence as a financial market rout pummels its shares and its portfolio companies......»»

Category: topSource: reutersMar 23rd, 2020

Exclusive: Goldman injects $1 billion into own money-market funds after heavy withdrawals

Goldman Sachs Group Inc poured more than $1 billion into two of its prime money-market portfolios this week due to heavy investor withdrawals, according to a filing with the U.S. securities regulator......»»

Category: topSource: reutersMar 21st, 2020

5 Stocks To Watch For March 16, 2020

Some of the stocks that may grab investor focus today are: Wall Street expects Tencent Music Entertainment Group - ADR (NYSE: TME) to post quarterly earnings at $0.70 per share on revenue of $7.08 billion after the.....»»

Category: earningsSource: benzingaMar 16th, 2020

Hedge Fund and Insider Trading News: Warren Buffett, Ray Dalio, Chenavari Investment Managers, Elliott Management, Valiant Capital Partners, Live Nation Entertainment, Inc. (LYV), Ducommun Incorporated (DCO), and More

Activist Fund Elliott Backs SoftBank’s $4.8 Billion Buyback Plan (Reuters) (Reuters) – Activist investor Elliott Management.....»»

Category: topSource: insidermonkeyMar 13th, 2020