Banking

Will this activist investor try to break Comcast?

Monday, September 21 the the Wall Street newspaper reported that Trian Fund Management, an activist investment firm led by Nelson Peltz, took an $ 870 million stake in Comcast, good for about 0.4% of the business. The news sent Comcast shares higher at the end of the day, although stocks …

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GameStop’s sales increase is too small, too late

GameStop (NYSE: GME) recently provided a update on its results for the first fiscal quarter (the period ending in early May) following the novel coronavirus. As expected, same store sales (comps) cratered, falling 23% for the first nine weeks of the quarter. A positive point underlined by management is that …

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Has Bloomin ‘Brands been about to be sold?

Thriving brands (NASDAQ: BLMN) has seen several ups and downs in recent months – even before the coronavirus pandemic took hold of the economy – as activist investor JANA Partners LLC made an offer to secure Bloomin ‘will be auctioned in February. Although Bloomin ‘, the parent company of Outback …

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Comcast is not complex, it is ahead of its time

The new argument of Trian Fund Management concerning the best plan of action for Comcast (NASDAQ: CMCSA) makes a lot of sense. When the cable giant launched its acquisition of NBCUniversal in 2009, the deal was based on the assumption that the combination of a cable company and broadband provider …

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Trading below its peers, this regional bank share has upside potential

While there are still uncertainties as winter approaches, the banking sector, like most of the market, appears to have escaped the significant increase in COVID-19 cases, hoping that an effective vaccine will soon be ready for the public. With that in mind, now is a good time to look for …

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3 productive activities blocked at home because of the coronavirus

The coronavirus will undoubtedly cause widespread economic damage and has the potential to reshape the world we live in. The digital economy has just received a huge boost at the expense of more traditional interaction, as households across the country have been ordered to shelter in place or work from …

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Disney World actors return to work as company provides COVID-19 test site

Walt disney (NYSE: DIS), and the union representing 750 employees at Walt Disney World in Orlando, Fla., have agreed on a COVID-19 test plan that will allow park cast members to return to work. Actors from the Actors’ Equity Association did not return to work with other Disney World employees …

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Should Tencent Investors Be Worried About China’s New Anti-Monopoly Rules?

Chinese tech giants plunged earlier this month, after the country’s State Administration for Market Regulation issued guidelines on new rules to curb abuses of monopoly power. Many Chinese tech giants have come to dominate their respective fields and use this considerable dominance to enter new lines of business and avoid …

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Netflix to turn ‘Assassin’s Creed’ into a live-action series and more

Netflix (NASDAQ: NFLX) today revealed that it will create new content based on the hugely popular Assassin’s Creed video game. The company partners with the game publisher Ubisoft (OTC: UBSFY) with an eye on several projects. The series will be produced by Jason Altman and Danielle Kreinik from Ubisoft Film …

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Forget the vaccine. Here are the real reasons AstraZeneca stock is a buy

It’s easy to miss the big picture of the actions by following the headlines. The writers focus on what fascinates investors right now, and why shouldn’t they? This is what people want to read the most. But the great story of the moment often obscures the information that leads to …

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