Corporate activist Elliott outspending rivals: Lazard data
Elliott Management Corp, Paul Singer's $35 billion hedge fund, has outspent all rivals in pushing for corporate changes like spin-offs, mergers, and management overhauls this year.
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.
Asia shares count on Powell to stay accommodative
Asian shares pulled ahead on Wednesday while rising Treasury yields lifted the dollar as investors waited anxiously to hear if the world's most powerful central banker...
Major grain traders face one-two punch from U.S. floods, trade war
Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland Co and Bunge Ltd for a second straight quarter, adding to headwinds...
British billionaire Dyson snaps up Singapore's priciest penthouse
British billionaire and inventor of the bagless vacuum cleaner James Dyson has bought the most expensive apartment in Singapore, where his company plans to build an...
When the Fed cuts rates without a recession, stocks go higher 100% of the time
Rate cuts can be a great thing for the stock market, or a sign of trouble ahead — depending on the timing.
Fed chief likely to focus on trade-inspired policy shift in testimony
The U.S. Federal Reserve over the course of its 105-year history has changed monetary policy in reaction to property crashes, war, financial bubbles and policymakers' gut...
Oil rises on falling U.S. stockpiles, Gulf storm forecast
Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating concerns about oversupply, while major U.S. producers evacuated rigs...
Powell says Facebook's Libra cryptocurrency raises 'serious concerns' including money laundering
Federal Reserve Chairman Jerome Powell says Facebook's cryptocurrency project raises serious concerns.
This risk could wipe out everything you own. How to prepare
Think your homeowners insurance will adequately cover your dwelling during a hurricane? You could be wrong. Here's how to prepare your house and your wallet for...
Fed Chief Powell says he would not resign if asked by President Trump
Federal Reserve Chair Jerome Powell said Wednesday he would not resign if President Donald Trump asked him to.
Skeptical Deutsche Bank investors to grill Sewing on revamp roadshow
Deutsche Bank shareholders will quiz Chief Executive Christian Sewing on how he plans to deliver on revenue growth targets during a global roadshow to win their...
Oil gains after U.S. stockpiles drop, rigs evacuated
Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating concerns about oversupply, while major U.S. producers evacuated rigs...
Oil jumps 3% on U.S. crude stocks draw, Gulf of Mexico storm
Oil prices jumped 3% on Wednesday after U.S. crude inventories shrank more than expected and as major producers evacuated rigs in the Gulf of Mexico ahead...
Facebook currency project 'cannot go forward' until concerns addressed: Powell
U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns were...
U.S. oil producers shut offshore output as storm forms in Gulf of Mexico
Anadarko Petroleum Corp has joined major U.S. oil producers shutting production and withdrawing staff from offshore platforms in the U.S. Gulf of Mexico ahead of a...