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Activists Gonna Activate: Hedge Funds Send Letters To Acorda, Taubman Centers Boards
Monday, August 7, 2017 - 1:41pm | 896Last week was big for activist investors, with Barington Capital Group and NuOrion Partners toppling Avon Products, Inc. (NYSE: AVP)’s CEO, Nelson Peltz and Bill Ackman forcing out Mondelez International Inc (NASDAQ: MDLZ)’s CEO, and Ackman’s Pershing Square inciting a drop in...
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Market Wrap For February 18: Dow Finishes Lower, Nasdaq Still Hot
Tuesday, February 18, 2014 - 4:47pm | 3229U.S. stocks traded mostly higher today despite a key measure of home builder confidence falling in February. The New York Fed's general business index also showed signs of vulnerability. Despite the weak economic data which is partially due to weather, the Nasdaq index rose for the eight...
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Market Wrap For December 17: Markets Relatively Calm Before The Potential Storm
Tuesday, December 17, 2013 - 4:51pm | 2637The main question going in to Tuesday's trading session was whethere the Fed will decide to scale back its $85 billion monthly bond buying program. A budget deal in Congress and solid economic data make the case that tapering will begin sooner rather than later. Major indices were virtually...