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ELLIOTT MANAGEMENT
US Stocks: Nike shares fall on grim sales outlook; China woes hit turnaround plansShares of Nike fell as investors raised alarms over the slow pace of recovery with CEO Elliott Hill at the helm for nearly two years. While...- LSEG slowly sheds 'AI risk' tag with drive to show growthLSEG shares tumbled nearly 13% in one day in February as worries about the threat posed by large language artificial intelligence models li...
- Anthropic IPO filing ratifies Wall Street's AI obsessionTech stocks continue to lead the Nasdaq Composite and S&P 500 in a record-breaking market rally, while Elon Musk's SpaceX is set to price i...
- HPE lifts forecast past 2028 goals on robust AI demand, shares surge 36%HPE, which competes with Dell and Super Micro Computer, is benefiting as customers increasingly buy its servers and networking products to...
- US Stocks end lower on mounting inflation worriesU.S. stocks declined Friday as rising crude prices fueled global inflation fears, pushing Treasury yields higher and making equities less a...
- US stocks today: Dow Jones crashes 500 points on mounting inflation worriesU.S. stocks pulled back from record highs as rising crude oil prices and surging Treasury yields triggered fresh inflation concerns. The se...
- US stocks today: US stocks fall as higher yields threaten AI-led rallyWall Street declined as rising Treasury yields and inflation concerns tied to the Middle East conflict weighed on sentiment. Tech stocks le...
- US stocks: Nasdaq, S&P 500 futures tumble 1% as yields jump on inflation worriesBrent crude prices rose almost 3% to $109 a barrel as the Strait of Hormuz remained closed, heightening concerns over global energy suppli...
- US stocks: Lululemon sinks after new CEO hire from Nike fails to impress investorsLululemon Athletica shares tumbled about 12% in early trading on Thursday, as the struggling athletic apparel maker's decision to tap a CEO...
- Lululemon says it picks former Nike executive Heidi O'Neill as next CEOLululemon has taken a decisive step by naming Heidi O'Neill, an ex-Nike leader, as the brand's new chief executive. This transition follows...
- Salesforce says Elliott will not nominate directors to boardSalesforce Inc said on Monday activist investor Elliott Management Corp has decided to not proceed with director nominations to the board o...
- Activist Elliott Management Corp to nominate directors at Salesforce: sourcesElliott, which invests more than $55 billion, is currently interviewing a number of people including technology industry executives and exe...
- Elliott Management said to own a large stake in DropboxHedge fund Elliott Management owns a stake of more than 10% in Dropbox valued at more than $800 million, a person familiar with the matter ...
- Jack Dorsey is here to stay: Twitter board backs CEO after ouster bidTwitter had been facing pressure by Elliott Management to replace Dorsey.
- Donald Trump is angry at Twitter, on Twitter. It's great for businessFor years the San Francisco-based company has been under pressure to enforce its content rules against Trump. This week, for the first time...
- Samsung Group heir questioned by prosecutors over contentious 2015 dealJay Y Lee is in trials over charges that he bribed a friend of former President Park Geun-hye to seek support for the deal that helped tigh...
- SoftBank soars after unveiling $41 billion plan to slash debtThe Japanese tech conglomerate’s plans come as it contends with a growing financial squeeze on the company and its $100 billion Vision Fund...
- Paul Singer's Elliott seeks to replace Jack Dorsey as Twitter CEO: SourcesNew York-based Elliott is one of the world's biggest activist investors with more than $40 billion in assets under mangement and has target...
- Activist fund Elliott exits Cognizant with big gainsElliott Management was the first activist hedge fund to take aim at an India heritage IT services firm and Cognizant with its US listing an...
- US-based hedge fund Elliott Management Corp mops up Patni Computer Systems's floating stock ahead of delistingElliott Management Corp has picked up a 9.4% stake in Patni Computer Systems, possibly scuppering iGate Corporation's efforts to delist the...
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