Trian and General Catalyst said they want to free Janus Henderson “from the constraints of operating as a public company.”
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The recent investment from private equity firms could help protect Keurig Dr Pepper from activist investors like Starboard.
The last time this many people piled into hedge funds, the only great recession anyone might have been aware of was Larry David’s hairline.
Beyond reported a 20% year-over-year revenue decline in its latest quarter, so this was not a fundamentals-driven rally.
Still in the “early innings of its growth story,” Robinhood has morphed from an app with crowdsourced stock advice to a financial ecosystem.
The S&P 500 has climbed 35% since its April low and roughly 90% since the beginning of its bull run in 2022.
Even with this week’s tumble, bullion investors can take gold comfort in knowing the noble metal is headed for its best year since 1979.
The all-powerful cohort continues to define the broader market, which has officially been placed on the “bubble watchlist.”
Life is notoriously tough for those on the bottom rung of the Wall Street ladder, where weeks can stretch up to 100 hours.
Army Secretary Daniel Driscoll has promised to adopt a “Silicon Valley approach” to deploy new weapons faster and expedite upgrades.
Disclosures by two regional lenders last week set off a mini-panic about bad loans on the books of small and medium cap banks.
Respondents in Bank of America’s October Global Fund Manager Survey cited an AI bubble as the biggest tail risk facing the global economy.
The gold standard hasn’t made a comeback, but the precious metal’s price is breaking records as confidence in the US dollar fades.
Over one million brokerage accounts have now been opened with Charles Schwab for four consecutive quarters.
The bank reported Tuesday that it made $2.6 billion in investment banking fees in the third quarter, a 42% year-over-year surge.
In July, JPMorgan joined with Goldman Sachs to lend $1 billion to MP Materials, the largest rare earth producer in the US.