 | | | | Shareholder advisory firm Institutional Shareholder Services on Wednesday recommended that Campbell Soup Co investors elect all five of Third Point hedge fund's board nominees, giving a boost to the activist firm, which is fighting a high profile proxy battle with the company. | | | | | | During a recent visit to my dentist, we got talking about his frustrations with Medicare. "It's amazing - they have managed to eliminate teeth from the human body." | | | | | | Prominent hedge funds, including Baupost Group and Viking Global Investors, may be bearing the brunt of utility PG&E Corp's tumbling share price after raising bets on the utility in the months ahead of the Camp Fire, California's deadliest wildfire. | | | | | | Warren Buffett's Berkshire Hathaway Inc deepened its commitment to the U.S. financial industry, announcing a $4.02 billion stake in JPMorgan Chase & Co and new investments in PNC Financial Services Group Inc and Travelers Companies Inc, plus a stake in Oracle Corp. | | | | | | Strong U.S. consumer holiday spending will not boost retailers across the board but instead benefit winners like Apple Inc that have signature products, Esplanade Capital's Shawn Kravetz said at the Reuters Global Investment 2019 Outlook Summit in New York on Wednesday. | | | | | | Billionaire investor William Ackman has turned his back on snack maker Mondelez International and put the money into potentially more lucrative bets, including global coffee company Starbucks and hotel operator Hilton Worldwide Holdings. | | | | | | Six U.S. senators on Wednesday introduced a bill that would require the U.S. securities watchdog to directly regulate firms such as Glass, Lewis & Co and Institutional Shareholder Services, which advise investors on how to vote in corporate elections. | | | | | | All that tuition you pay has one silver lining: tax breaks. | | | | | |
