Hedge Funds - Spark Newswire

2 minute read

Western Digital Announced Tuesday Review of Strategic Alternatives Including Elliott Investment Management Offer to Invest in Flash Business

Today, 9:37 PM

Western Digital Corporation, ("Western Digital") (NASDAQ: WDC) today announced that it is reviewing potential strategic alternatives aimed at further optimizing long-term value for its shareholders.

WDC

1 minute read

Citadel And Virtu Hone Crypto Executions For Retail Brokerages

By Renato Capelj

Today, 9:37 PM

Citadel Securities, alongside Virtu Financial Inc (NASDAQ: VIRT) and venture capital firms Sequoia Capital and Paradigm, is building a cryptocurrency trading ecosystem.

SCHW

1 minute read

Carl Icahn Dropping Proxy Fight Over Pig Treatment at Kroger; Icahn Congratulates McDonald’s on Proxy Fight Win

By Charles Gross

Today, 9:37 PM

-Wall Street Journal Citing Letter

IEP

2 minute read

Unilever Jumps After Nelson Peltz Joins Board

By Wayne Duggan

Today, 9:37 PM

Unilever plc (NYSE: UL) shares traded higher by 8% on Tuesday after the company announced activist investor Nelson Peltz is joining the company's board of directors.

GSK

2 minute read

Kanen Wealth Management Writes Letter to LAZY Board; Says No Value Creation Plan Announced Since Rejection of $25/Share Offer from B. Riley

By Charles Gross

Today, 9:37 PM

The following is a statement issued by Dave Kanen, who serves as Managing Director at Kanen Wealth Management: Dear Lazydays Inc. Board,

LAZY

2 minute read

Why Bill Ackman’s Got A Bone To Pick With The Fed

By Adam Eckert

Today, 9:37 PM

One hedge fund manager took to Twitter Inc (NYSE: TWTR) on Tuesday to express serious inflation concerns and the potential consequences of inaction.

SPY

3 minute read

Global Cord Blood Shareholder Blue Ocean Offers Comment On Fraud Claims: ‘Recent Filing Only Intended as a Distraction to Shareholders and has No Impact on Blue Ocean Campaign to STOP the Cellenkos Transaction’

By Benzinga Newsdesk

Today, 9:37 PM

Blue Ocean Structure Investment Company Ltd. (“Blue Ocean”), a significant shareholder of Global Cord Blood Corporation (the “Company” or “Global Cord”) (NYSE:CO), today commented on

2 minute read

Hedge Fund That Heavily Shorted GameStop Stock Is Winding Down For Good

By Shivdeep Dhaliwal

Today, 9:37 PM

Melvin Capital, the hedge fund at the center of the GameStop Corporation (NYSE: GME) short squeeze saga, will shut down, Reuters reported on Wednesday.

AMC

3 minute read

Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios

By Wayne Duggan

Today, 9:37 PM

The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling.

ALLY

2 minute read

Amazon Is Undervalued, ‘Worth $5,000 A Share’: So What?

By Adam Eckert

Today, 9:37 PM

Third Point's Dan Loeb made bullish comments on Amazon.com Inc (NASDAQ: AMZN) in February, suggesting the stock has $1 trillion in untapped value and is nearing a turning point.

AMZN