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Analysis: Activist's call for ESPN spin-off may be a tough sell at Disney
The first time billionaire investor Daniel Loeb began pushing for change at the Walt Disney Co , he got his wish. His hedge fund Third Point LLC in 2020 called on the company to suspend its dividend and go all-in on streaming.
Bridgewater cuts short positions in European companies
Bridgewater Associates has cut most of its disclosed mammoth bets against European stocks, according to data group Breakout Point, using the hedge fund's public disclosures.
8:55 AM PDT
Global investor group to pressure corporations on water risks
A global group of investors and pension funds have said they will push top corporate water users to address financial risks and protect resources, citing widespread droughts and severe weather.
6:36 AM PDT
Flush with cash, Democrats back midterms 'inflation act' ad blitz
Buoyed by a string of legislative victories, Democrats and their allies are throwing money at key congressional races hoping to overcome President Joe Biden's poor approval ratings, high inflation and historical precedent in the November midterm elections.
7:33 AM PDT
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James Hardie lowers annual profit forecast on inflation hit
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August 15, 2022
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