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Elliott targets Twitter, seeking CEO Dorsey"s removal: sources

Hedge fund Elliott Management Corp has amassed a stake in Twitter Inc and is pushing for changes, including removal of the social media company's chief executive, Jack Dorsey, two people familiar with the matter said on Friday......»»

Category: topSource: REUTERS2 hr. 2 min. ago Related News

Elliott built a stake in Twitter, is pushing for changes: sources

Activist.....»»

Category: topSource: REUTERS4 hr. 32 min. ago Related News

Harley-Davidson looks for new leadership to end its sales struggle

Harley-Davidson Inc on Friday named a board member hailed for turning around the Puma brand's near-bankrupt business as its interim chief as the motorcycle maker gropes for an effective strategy to woo young customers and revive sales......»»

Category: topSource: REUTERS4 hr. 32 min. ago Related News

USTR vows to push for trade deals with Britain, EU; seeks reforms at WTO

The Trump administration on Friday said it would focus on concluding new trade agreements with Britain, the European Union and Kenya over the coming year, while strictly enforcing trade laws and pushing for reforms of the World Trade Organization......»»

Category: topSource: REUTERS5 hr. 32 min. ago Related News

Elliott built a stake in Twitter, is pushing for changes: source

Activist hedge fund Elliott Management has built a stake in Twitter inc and is pushing for changes, a person familiar with the matter said on Friday......»»

Category: topSource: REUTERS5 hr. 32 min. ago Related News

Goldman Sachs Asset Management added to stocks portfolio as markets tumbled

Portfolio managers at Goldman Sachs Asset Management have used the recent selloff in global stocks caused by the coronavirus as an opportunity to take positions in a range of companies focusing on everything from concerts to cosmetics......»»

Category: topSource: REUTERS7 hr. 2 min. ago Related News

Intesa, UBI line up advisers to face off in takeover battle

Intesa Sanpaolo said on Friday it had hired JP Morgan, Morgan Stanley, UBS and local broker Equita SIM to complete a team of advisers led by Mediobanca supporting Italy's biggest retail bank in its takeover offer of rival UBI Banca......»»

Category: topSource: REUTERS7 hr. 2 min. ago Related News

United Airlines sharply cuts flights to Asia, cancels investor day

United Airlines Holdings Inc said on Friday it was sharply cutting flights to Japan and South Korea, as travelers worried about the coronavirus outbreak slash ticket purchases for those destinations......»»

Category: topSource: REUTERS7 hr. 2 min. ago Related News

Wall Street in coronavirus contingency mode with staff, visitors, regulators

Big U.S. banks have been rolling out contingency plans to respond to the global coronavirus outbreak - requiring some staff to work from home, implementing travel restrictions, and talking to regulators about potential stresses......»»

Category: topSource: REUTERS7 hr. 2 min. ago Related News

Harley-Davidson CEO exits as iconic bike brand struggles

Harley-Davidson Inc Chief Executive Officer Matthew Levatich stepped down on Friday after failing to boost U.S. sales of its iconic motorcycles......»»

Category: topSource: REUTERS7 hr. 2 min. ago Related News

Wall St. sees biggest weekly slump since 2008 crisis

Stocks fell for a seventh straight session and suffered their largest weekly drop since the financial crisis but ended Friday above their lows after Federal Reserve Chairman Jerome Powell issued a statement. Conway G. Gittens reports......»»

Category: videoSource: REUTERS7 hr. 32 min. ago Related News

Wall Street bounce too little, too late as world stocks post shock weekly decline

Coronavirus panic sent world stock markets tumbling again on Friday, with an index of global stocks setting its largest weekly fall since the 2008 global financial crisis, and over $5 trillion wiped from global market value this week......»»

Category: topSource: REUTERS8 hr. 32 min. ago Related News

Coronavirus outbreak rains on dealmakers" M&A parade

The steep market drop triggered by the global coronavirus outbreak has led many companies to hit the 'pause' button on mergers and acquisitions (M&A), sabotaging the hopes of corporate advisers who expected a dealmaking bonanza this year......»»

Category: topSource: REUTERS8 hr. 32 min. ago Related News

U.S. moves high-level U.S. meeting on China tech, possible new Huawei curbs to March: sources

Trump administration officials have rescheduled for March 11 a critical meeting to discuss potential new U.S. restrictions on sales of technology to Huawei and China, people familiar with the matter said......»»

Category: topSource: REUTERS8 hr. 32 min. ago Related News

Activist investor Robbins shutting hedge fund to pursue other things

Activist investor Clifton S. Robbins told clients on Friday that he is shuttering his Blue Harbour Group not because investors want their money back or because returns have lagged, but because he wants to do something different......»»

Category: topSource: REUTERS9 hr. 47 min. ago Related News

Oil prices sink to lowest in over a year, biggest weekly drop since 2016

Oil prices slumped for a sixth day in a row on Friday to their lowest in more than a year, causing futures to drop by the most in a week since 2016, as the spread of coronavirus stoked fears that a slowing global economy would hit energy demand......»»

Category: topSource: REUTERS9 hr. 47 min. ago Related News

Corona beer maker says U.S. sales remain strong despite virus outbreak

Corona beer maker Constellation Brands Inc said on Friday sales of its Corona Extra beer remained strong in the United States in the four weeks to Feb. 16, amid the rapid global spread of the coronavirus......»»

Category: topSource: REUTERS9 hr. 47 min. ago Related News

Factbox: Global central bankers on coronavirus, possibility of rate cuts

With the rapid global spread of the new coronavirus and the U.S. stock market su.....»»

Category: topSource: REUTERS9 hr. 47 min. ago Related News

Central banks may mount a coronavirus rescue. It may not be enough

Cratering markets are pushing global central banks to the point they all warned against and worried about, of an evolving global economic shock hitting at a time when their capacity to respond in force is in doubt even as investors hound them for action......»»

Category: topSource: REUTERS9 hr. 47 min. ago Related News

Wall Street Weekahead: Main Street leans toward Sanders, but Wall Street says Trump

Vermont Senator Bernie Sanders may be surging in the polls ahead of Super Tuesday, but some on Wall Street have made their own conclusions on what November will bring: four more years of President Donald Trump......»»

Category: topSource: REUTERS9 hr. 47 min. ago Related News