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Activist investor Elliott takes a stake in Slack owner Salesforce

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US activist investment firm Elliott Investment Management has taken a multi-billion dollar stake in Salesforce, the enterprise software company that owns the Slack messaging platform. Elliott, which typically buys stakes in underperforming companies and seeks to change the way they are managed, said he was eager to work “constructively” with the San Francisco-based company, without …

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Disney faces proxy battle from activist investor Nelson Peltz

Disney faces proxy battle from activist investor Nelson Peltz

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Coign Vice President Cassie Smedile discusses classified documents found in Biden’s former office and whether there are any links to China. Activist investor Nelson Peltz wants a seat on Walt Disney’s board, saying he wants to “restore the magic” in the entertainment and media company. Peltz’s Trian Group filed a preliminary proxy statement with the …

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Bob Iger's next big challenge at Disney is activist investor Nelson Peltz

Bob Iger’s next big challenge at Disney is activist investor Nelson Peltz

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Bob Iger will face another challenge as CEO of Disney (DIS) – activist investor Nelson Peltz. On Wednesday, Disney announced that Nike executive chairman Mike Parker would take over Susan Arnold’s position as chairman of the board, and also recommended shareholders vote against Peltz in his bid to win a board seat. of administration of …

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'Big Short' Investor Michael Burry Warns of Another Inflation Spike — Expects US to Be 'in Recession by Any Definition'

‘Big Short’ Investor Michael Burry Warns Of Another Inflation Spike – Expects US To Be ‘In Recession By Any Definition’ CryptoGlobe

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Hedge fund manager Michael Burry, famous for his predictions of the 2008 financial crisis, says inflation has peaked in the United States, but there will be another spike in inflation. He expects the US economy to be in a recession “by any definition”. Michael Burry’s economic forecast for 2023 Famed investor and founder of investment …

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European markets close 1.7% higher as investor sentiment improves

European markets close 1.7% higher as investor sentiment improves

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European markets brighten, Stoxx 600 closes up 1.7% Europe Stoxx 600 The index tentatively ended the session up 1.7%, with retail stocks leading the charge with a 2.8% gain. The boost came in part from sportswear brands such as Puma and Adidas, which outperformed European stocks with gains of 9.5% and 6.8%, respectively. They were …

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Crypto Investor DCG Reveals Network of Investments Between Units

Crypto Investor DCG Reveals Network of Investments Between Units

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Crypto conglomerate Digital Currency Group has used funds borrowed from its struggling Genesis unit to invest in the products of another subsidiary, underscoring the delicate ties between billionaire Barry Silbert’s empire. Silbert wrote to shareholders on Tuesday explaining that DCG had borrowed $575 million from its broker Genesis, which is now seeking funds to stave …

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