1. Articles from Bloomberg

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  2. 1-24 of 479 1 2 3 4 ... 18 19 20 »
    1. Facebook Dive Sparks Investor Calls to Loosen Zuckerberg's Grip

      Facebook Dive Sparks Investor Calls to Loosen Zuckerberg's Grip

      Facebook Inc. has always had one absolute leader, cemented by a share class structure that maintained Mark Zuckerberg’s voting control even when he sold millions of shares. Some investors grumbled, but most were happy to stay quiet as the stock surged. This week’s plunge upended that dynamic, increasing calls for changes at the top. “It’s never an issue until things go wrong,” said Pivotal Research Group analyst Brian Wieser...

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    2. Paulson Seeks to Replace Entire Detour Gold Board

      Paulson Seeks to Replace Entire Detour Gold Board

      Activist investor Paulson & Co. Inc. has nominated a slate of eight directors to replace the entire board of Canadian miner Detour Gold Corp. The hedge fund run by billionaire John Paulson, which said it owns a 5.4 percent stake in Toronto-based Detour, has formally called for a meeting of shareholders to elect its slate no later than Sept. 28...

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    3. Breaking News: Thyssenkrupp CEO Resigns After Activist Shareholder Pressure

      Breaking News:  Thyssenkrupp CEO Resigns After Activist Shareholder Pressure

      Twitter Thyssenkrupp AG Chief Executive Officer Heinrich Hiesinger resigned days after the company inked a deal for a European steel joint venture that faced fierce investor opposition. “Today I informed the Supervisory Board that I would like to step down from my position,” Hiesinger said in a statement on Thursday. Hiesinger’s leadership at Thyssenkrupp had been marked by criticism for the company’s declining revenue, rising costs and a declining stock price...

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    4. Deutsche Bank U.S. Unit Fails Stress Test as Fed Faults Controls

      Deutsche Bank U.S. Unit Fails Stress Test as Fed Faults Controls

      Deutsche Bank said the U.S. business “has made significant investments to improve its capital planning capabilities as well as controls and infrastructure.” The unit is still making progress and working with regulators, according to a statement posted on the web. The U.S. unit of Germany’s largest bank was the only firm to fail the second round of this year’s stress tests, which were established as part of the Dodd-Frank overhaul of financial regulations...

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    5. Activist Jana Is Set to Make $144 Million on Pinnacle Foods Deal

      Activist Jana Is Set to Make $144 Million on Pinnacle Foods Deal

      Activist investor Jana Partners and its affiliates stand to make about $144 million on their investment in Pinnacle Foods Inc. , after the packaged-food company agreed to be acquired by Conagra Brands Inc. for $8.1 billion. The New York-based hedge fund, run by Barry Rosenstein, disclosed a 9.5 percent position in Parsippany, New Jersey-based Pinnacle on April 19...

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    1-24 of 479 1 2 3 4 ... 18 19 20 »
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