Topline Billionaire Elon Musk has not sold part of his newly-acquired stake in Twitter, he confirmed on Wednesday, while insiders reportedly voice concerns over the platform’s future as Musk, who is a...
Tag: Shareholder
Tilray Q3 results: we will deliver tangible shareholder value
Shares of Tilray Inc (NASDAQ: TLRY) are up more than 15% this morning after the cannabis company reported a surprise profit for its fiscal third quarter. What Tilray Q3 results tell us Net income came...
A big shift is under way for markets, and old Warren Buffett shareholder letters point to which companies will survive
Given a war and inflation have marked the start of 2022, investors would be forgiven for holding their breath over the rest of the year’s offerings. Our call of the day from a team at Saxo Bank sees a...
Elon Musk joins Twitter’s board of directors after becoming largest shareholder
Elon Musk has been appointed to Twitter’s board of directors following the Tesla CEO’s acquisition of a stake in the social media giant. Announcing Musk’s appointment to Twitter̵...
Twitter up 25 percent after Elon Musk becomes major shareholder
Excitement at the American stock exchange this Monday morning, even before it officially opened. Twitter shares shot up more than 25 percent in indicative pre-market trading after an announcement stat...
Discovery, Merck, Carnival, Broadcom, and Other Stocks to Watch This Week
Text size Uncredited It’s a full week of annual shareholder meetings, investor days, and earnings reports. Broadcom hosts its annual meeting on Monday, followed by investor events from Merck, Analog D...
Elon Musk Is Now Twitter’s Largest Shareholder
Tesla CEO Elon Musk took a 9.2% stake in Twitter, a filing showed on Monday. The move makes him one of the largest shareholders of the social media platform. The deal was revealed through an SEC filin...
Discovery, Merck, Carnival, Broadcom, and Other Stocks for Investors to Watch This Week
Text size Uncredited It’s a full week of annual shareholder meetings, investor days, and earnings reports. Broadcom hosts its annual meeting on Monday, followed by investor events from Merck, Analog D...
GME Shares Surge Over 10% as GameStop Seeks Shareholder Nod for Stock Split
GameStop plans to propose a stock split of company shares to its shareholder base in order to attract more retail investors. Shares of GameStop Corp (NYSE: GME), the world’s largest retail and trade-i...
Pfizer, Moderna and J&J Face Shareholder Pressure to Broaden Covid-19 Vaccine Access
Socially conscious investors and global-health activists are turning to shareholders to press Covid-19 vaccine manufacturers Pfizer Inc., Moderna Inc. and Johnson & Johnson to make more of their s...
Disney Forced To Face Activist Shareholder Inquiring About China
Tourists at Shanghai Disneyland after its reopening on May 11, 2020 in Shanghai, China. (Photo by Hu … [+] Chengwei/Getty Images) Getty Images Disney tried to kill it, but the Securities and Exc...
Occidental Petroleum and the Billionaire Shareholder Revolving Door
These are good times to be an Occidental Petroleum (OXY) investor. The oil-and-gas producer recently dialed in a much better-than-anticipated earnings report, raised its quarterly dividend from $0.01 ...
A new BlackRock shareholder vote that may rule future proxy battles
Laurence “Larry” Fink, chairman and chief executive officer of BlackRock Inc., pauses as he speaks during the BlackRock Asia Media Forum in Hong Kong, China. Justin Chin | Bloomberg | Gett...
DBS CEO Piyush Gupta on fourth-quarter earnings, shareholder dividends
Singapore’s largest lender DBS Group reported a record full-year profit for 2021, and its CEO Piyush Gupta told CNBC last year was “one of the best years” he’s seen. “Tha...
Discovery Sets Date for Shareholder Vote on WarnerMedia Deal
Discovery investors will be asked to approve the $43 billion deal to combine with WarnerMedia, which AT&T is spinning off, at a March 11 virtual meeting. Discovery announced the date in a letter t...
Leading Tesla shareholder wants automaker to issue deliveries guidance above Wall Street estimates
You don’t see this very often. Leo KoGuan, who according to Bloomberg is the third-largest individual shareholder at Tesla TSLA, -1.82%, on Wednesday was publicly lobbying the company over Twitter on ...
Kohl’s is again under pressure to boost shareholder value
Kohl’s Corp (NYSE: KSS) is up more than 5% in the stock market on Tuesday after Macellum Advisors said the retailer must take strategic actions to boost its share price. What Macellum is proposi...