Trian to skip PPG board challenge after new commitments: sourcesTrian Fund Management LP will not challenge PPG Industries Inc's board of directors at its 2019 shareholder meeting after the U.S. paints and coatings company met some of the activist hedge fund's demands and announced new fi…Read More
Gulfport pledges share buybacks after hedge fund demandNatural gas and oil firm Gulfport Energy Corp said it would buy back $400 million of shares on Thursday, just hours after a public demand to that effect from hedge fund investor Firefly Value Partners.
from Reuters: Busi…Read More
Strap yourself in: Netflix is about to reportShares of Netflix up 0.2 pct on Thursday in likely calm before the storm as the streaming video company co prepares to report Q4 results after the bell
from Reuters: Business News https://reut.rs/2FEnfMB
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Hitachi debacle strengthens Franco-Chinese hand in UK nuclearHitachi's decision to freeze its $28 billion nuclear power project in Britain strengthens the hand of France's EDF and its Chinese partner in talks with the government on how to finance new reactors.
from Reuters: Busine…Read More
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