• The billionaire Nelson Peltz is joining Aurora Cannabis as a strategic adviser.
• Peltz is the CEO and a founding partner of Trian Fund Management.
• He has served as the CEO and chairman of Triarc Companies, which owned Arby's and Snapple, and has been on several company boards.
• Aurora Cannabis shares were up 8.5% following the announcement.

The billionaire Nelson Peltz is getting into the cannabis business...

• Sen. Elizabeth Warren, the Massachusetts Democrat and presidential candidate, proposed on Friday a plan to break up big tech companies like Amazon, Facebook, and Alphabet's Google.
• The plan doesn't appear to immediately threaten Amazon, said Eric Sheridan, an analyst at UBS, who spoke with Markets Insider on Friday.
• Still, regulation is the top concern he discusses with investors, as far as challenges facing large-cap tech names...

• Barrick Gold's hostile takeover bid for Newmont Mining was rejected on Monday.
• Barrick Gold proposed the $17.8 billion deal last week in what would have created the world's largest gold producer.
• Watch Barrick Gold and Newmont Mining trade live.

Newmont Mining's board of directors on Monday rejected Barrick Gold's $17.8 billion hostile takeover bid. The offer would have created the world's largest gold producer...

PRNewswire/ -- International Paper Company (NYSE: IP) announced the election of Anders Gustafsson to its Board of Directors effective March 1, 2019. Mr. Gustafsson, age 58, is the Chief Executive Officer and a member of the Board of Directors of...

SunTrust Banks and BB&T have agreed to a $66 billion merger that will create the sixth-largest US bank.

The deal pays SunTrust shareholders 1.295 BB&T shares for each SunTrust share they own, according to a joint statement released Thursday morning. BB& T shareholders will own about 57% of the combined company...

(GLOBE NEWSWIRE) -- The Board of Directors of Superior Group of Companies™ (NASDAQ:SGC) announced today that on January 31, 2019, Venita Fields was appointed by the Board of Directors to be a Director of the Company, effective immediately. She will be one of five independent directors serving on the Board...

• General Electric on Friday announced the planned merger between Wabtec and GE Transportation has been revised.
• The revised terms are negative for GE shareholders, according to Christopher Glynn, an analyst at Oppenheimer.
• GE's stock lost more than half of its value in 2018.
• Under the leadership of new CEO Larry Culp, GE has sped up efforts to raise cash by selling assets in an effort to increase investor confidence...

TIER REIT, Inc. (NYSE: TIER) announced today the appointment of Christie Kelly as an independent director to its board of directors, effective immediately. Ms. Kelly fills a vacancy on the board as a result of the resignation of Thomas M. Herzog, a member of the board since 2015. ...

• Aphria received an all-stock takeover offer from Green Growth Brands, a US-based marijuana company.
• Green Growth provides Aphria shareholders with 1.5714 common shares of Green Growth for each Aphria share, valuing the marijuana producer at $2.06 billion.
• Aphria on Wednesday urged its shareholders to take no action until its Board has made a formal recommendation to shareholders, saying the proposal undervalued the company...

• Pacific Gas and Electric Company, California's biggest utility provider, has seen its value plunge by 80% after last November's deadly California wildfire.
• The utility on Monday said it intends to file bankruptcy petitions at the end of the month to reorganize under Chapter 11.
• Eight hedge funds snapped up shares in the third quarter — before the wildfire broke out...

• Sears filed for Chapter 11 bankruptcy in October.
• Chairman Eddie Lampert had put forward a $4.4 billion bid to save Sears by buying it out of bankruptcy through his hedge fund ESL Investments.
• The iconic American retailer has rejected Lampert's bid and is set to announce its liquidation plans Tuesday morning, CNBC reported.
• Lampert still has a chance to present details of his offer and make the case for renewing efforts to save the retailer, according to Reuters...

ROCKVILLE, Md., Jan. 3, 2019 /PRNewswire/ -- (NYSE: FRT) is pleased to announce the addition of Mark S. Ordan, age 59, to its Board of Trustees as ...

• The Securities and Exchange Commission said it's soliciting public comment on how to ease burdens associated with corporate financial reports for publicly listed companies.
• In August, President Donald Trump suggested shelving the quarterly reporting system.
• Any potential changes are expected to focus on smaller companies...

• Pivotal Research Group, a small research firm that called troubles for Facebook and Snap early on, just released its media, internet, and communications predictions for the coming year.
• Among the analysts' forecasts are "material" management changes at Facebook and "another ugly year" for satellite television...

• Dell announced Tuesday that it has agreed to buy back the publicly traded "tracking" shares of VMware, a listed company that is about 80% owned by Dell.
• The company confirmed the purchase price of $120 per share of the tracking shares for a total of $23.9 billion.
• After the deal is completed, Dell will go public again without having to go through the usual initial-public-offering process and will trade on the New York Stock Exchange starting on December 28...

• Tesla announced it was slashing Model X and Model S prices in China to offset some of the impact from President Donald Trump's tariffs.
• Shares fell 1.8% following the announcement.
• Watch Tesla trade live.

Tesla was sliding Friday, down 1.8% to below $332 a share, after the company announced that it was cutting prices on some vehicles in China to help offset some of the impact from President Donald Trump's trade war...

• Hedge-fund billionaire Dan Loeb's Third Point Capital disclosed a stake in American Express, according to a report.
• Loeb believes American Express will trade above $135 over the next 18 months — 25% above where shares were trading on Friday.
• Years of lagging performance galvanized the American Express franchise and "forced necessary investments," Loeb said...

Nov. 2, 2018 /CNW/ - BMO Financial Group today announced the appointment of the Honourable Brian Tobin, P.C., O.C. to the expanded role of Vice-Chair, BMO Financial Group effective November 1, 2018 . Formerly Vice-Chair of BMO Capital Markets, Mr. Tobin will now report to Darryl White , Chief Executive Officer, BMO Financial Group...

Small is also the founder of the former Renaissance Housing Corp., one of Washington, D.C.’s most highly recognized luxury home builder and high-rise tower developer. He is a board member of Tulane University, director of Griffin Land & Nurseries, active in Young Presidents’ Organization (YPO) and Urban Land Institute, as well as a recognized philanthropist. Small and his wife, Tina, were recently awarded the Benjamin Ourisman Memorial Award for Civic Achievement...

• Cleveland-Cliffs CEO Lourenco Goncalves took time out of his company's third-quarter earnings call to attack a Goldman Sachs analyst and short sellers.
• It's not the first time Goncalves had a contentious moment with an analyst on an earnings call...

• Third Point Management, the hedge fund owned by the billionaire Dan Loeb, on Thursday laid out its plan to turn around Campbell Soup.
• The soup maker has suffered through years of declining soup sales.
• Third Point says the company's entire board should be replaced.

Campbell Soup is rallying Thursday, up almost 2%, after Third Point, the hedge fund owned by the billionaire Dan Loeb, called on shareholders to replace the company's board of directors...

MONTREAL, Oct. 15, 2018 (GLOBE NEWSWIRE) -- Theratechnologies Inc. (Theratechnologies) (TSX: TH) today announced the appointment of Mr. Gary Littlejohn as a new independent member to its Board of Directors. “Gary brings a diversified background and expertise and he will bring additional strength to the Board at a time when the Company is growing,” said Mrs...

• Broadcom and CA shares slid Wednesday after Senator Rand Paul (R-Ky.) called for a federal national security review of their merger.
• Shares trimmed their losses after Broadcom said there was a "fraudulent memo" circulating around Congress that called for a CIFUS review of their merger.
• Broadcom announced an $18.9 billion deal to acquire CA in July...

• Bill Ackman, the billionaire founder of Pershing Square Capital Management, disclosed a stake in Starbucks on Tuesday, according to multiple reports.
• Starbucks shares jumped by as much as 5% following the news.
• In August, Ackman said he had bought shares of an undisclosed company worth $800 million.
• Watch Starbucks trade in real time here.

Starbucks shares jumped by as much as 5% Tuesday on news that the hedge-fund billionaire Bill Ackman had bought a stake in the coffee retailer...