Activism is the No. 1 way to create superior returns, hedge fund manager Jamie Dinan says
"In order to create alpha right now, activism is number one in my book, and I think that's true in any market," Jamie Dinan said.
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
IATA revises down 2019 airline profits, sees stability in 2020
Global airlines reduced a forecast for industry-wide profits in 2019 under the weight of trade tensions, but predicted a modest recovery next year on the assumption...
Germany confirms it will repay customers of insolvent Thomas Cook
The German government confirmed on Wednesday it was willing to repay customers of insolvent Thomas Cook as the tour operator's insurance coverage was not sufficient.
Boost for Saudi Arabia as Aramco shares surge 10% on debut
Saudi Aramco shares surged the maximum permitted 10% above their initial public offering (IPO) price on their Riyadh stock market debut on Wednesday, closing in on...
European stocks slip as trade deadline looms
European shares fell on Wednesday as the deadline approached for new U.S. tariffs on Chinese goods, while two major central banks held policy meetings.
Aramco IPO to help Saudi economy shift from oil: finance minister
Saudi Aramco's listing will boost the kingdom's efforts to diversify from oil as the bulk of proceeds will be injected in domestic projects, while the global...
Home Depot forecasts 2020 sales growth below expectations
Home Depot Inc on Wednesday forecast fiscal 2020 sales growth below Wall Street expectations, three weeks after the home improvement chain cut its 2019 sales forecast.
Tesla plans increasing imported Model 3 prices in China from January: sources
U.S. electric vehicle maker Tesla Inc plans to increase prices of imported Model 3 vehicles in China in January, sources familiar with the matter said.
Massachusetts hand-dryer maker gets helping hand from U.S.-China trade war
The U.S.-China trade war is creating something William Gagnon once thought impossible - a 100% American-made bathroom hand dryer.
Germany to repay customers of insolvent Thomas Cook
Germany will give financial assistance to customers hit by the insolvency of Thomas Cook because the tour operator's insurance cover has proved insufficient, it said on...
Siemens names strategy chief Kayser to lead portfolio companies
Siemens named its strategy chief and former Kuka CEO Horst J. Kayser as boss of its loss-making portfolio companies, the German engineering company said on Wednesday.
Argo takes different road to skirt self-driving challenges
Sky's the limit optimism about self-driving cars is giving way to tougher questions about how expensive automotive artificial intelligence will ever make a profit.
Self-driving car firms rooted in U.S. government competition
Bryan Salesky had little way of knowing in 2007 that his teammates and rivals in a U.S. Defense Department-sponsored competition were laying the foundations for future...
Factbox: Self-driving partnerships proliferate
Alliances and partnerships involving development and deployment of autonomous vehicles continue to mushroom.
FAA chief to testify before Congress on grounded Boeing 737 MAX
Federal Aviation Administration (FAA) chief Steve Dickson will testify Wednesday before Congress on the series of steps that must be completed before the agency will allow...