Uber Technologies: The Current State Of AVs, Why Uber Remains A 'Strong Buy'
Uber's stock faced a 30% drawdown due to AV concerns but rebounded with strong results and Bill Ackman's investment, though ...
After Elon Musk's Delaware exit, state lawmakers weigh bill to overhaul corporate law
Many institutional investors, legal scholars and shareholders' attorneys have opposed the bill, arguing that it would harm ...
Universal Music Stock Drops After Bill Ackman’s Hedge Fund Cuts Stake
Universal Music stock fell after hedge-fund billionaire Bill Ackman said Pershing Square is cutting its stake in the world’s largest record label. Shares in the label behind Taylor Swift (NL:UMG) were ...
Bill Ackman Wants to Build a “Modern-day” Berkshire Hathaway—Here’s How
It’s not hard to imagine why so many people want to channel Warren Buffett and his legendary firm Berkshire Hathaway ...
Bill Ackman’s Pershing raises $1.4 billion in Universal Music Group stake sale
The placement comes as Taylor Swift’s record label plans a U.S. share sale agreed in order to fulfill an agreement with ...
The American Bazaar2d
Federal Housing Finance Agency Head is in no hurry to privatize Fannie Mae and Freddie
Fannie Mae and Freddie Mac, two of the biggest mortgage firms in the U.S. will not be privatized any time soon according to ...
News Highlights: Top Company News of the Day - Friday at 3 PM ET
The talks are the latest sign of consolidation among real-estate brokerages during a prolonged period of lackluster home sales.
Music Business Worldwide2d
From Sony’s deepfake takedowns to Ackman’s UMG stake sale… it’s MBW’s Weekly Round-Up
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our ...
GlobalCapital2d
Universal Music shares fall after Ackman sells €1.3bn block
Shares in music company Universal Music Group opened down 9% on Friday after hedge fund manager Bill Ackman’s Pershing Square ...
From Southwest to BP, Elliott and other activists are shaking up companies again
This week, Southwest Airlines announced that it would start charging its customers for checked bags. The move came after months of relentless pressure from hedge fund Elliott Management, which has ...
Uber Technologies Stock: Bull vs. Bear
Uber Technologies (NYSE: UBER) has left investors with a range of views. On the one hand, it has performed well in recent ...
Bill Ackman Sells Portion Of Universal Music Stake: 'One Of The Best Businesses We Have Ever Owned'
News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing ...