“The significant loss in our prime services business relating to the failure of a U.S.-based hedge fund is unacceptable.”
The agreement averts a battle over Twitter CEO Jack Dorsey's leadership but "lays the groundwork for eventually replacing" him.
The everything-in-the-open concept, popularized by hedge fund billionaire Ray Dalio, can work well for some organizations but is a poor fit for others.
Elizabeth O'Connell is taking another job at the litigation finance firm amid investor concerns over her independence.
The German software giant has prioritized revenue growth but is now taking steps to boost the profitability of its cloud business.
The filing follows a court ruling that the broadband provider violated bond covenants when it spun off its fiber-optic cable network.
eBay's shares rose 6% after Elliott Management disclosed a 4% stake in the company and unveiled a plan to unlock strategic value.
Third Point's Daniel Loeb believes internal company documents could boost his bid to replace Campbell's entire board.
The SEC accuses Gregory Lemelson of making false statements about Ligand Pharmaceuticals after taking a short position in May 2014.
A possible buyer is hedge fund Elliott Management, which made a hostile takeover offer last month for the healthcare technology company.
The proposed sale to CEO Eddie Lampert's hedge fund would further his goal of making Sears an "asset light" business.
The billionaire investor and another Xerox shareholder believe the copier pioneer can have “a better, brighter future as a standalone company.”
