Tag Archives: Stake

PepsiCo Stock Jumps. Why Elliott Investment Management Is Taking a $4 Billion Stake.  Barron’s Elliott Investment Management takes stake in Pepsi, sees 50% upside for the stock  Yahoo Finance Activist Investor Elliott Builds $4 Billion Stake in PepsiCo  Bloomberg.com Pepsi shares jump 4% as activist Elliott takes $4 billion stake, sees ‘historic’ value opportunity  CNBC Elliott launches campaign against Pepsi after taking $4bn stake  Financial …

Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo shares popped Tuesday after Elliott Investment Management took a significant stake as the activist investor sees a “rare” and “historic” opportunity for a turnaround in the iconic soft drink giant. Shares of PepsiCo climbed more than 5% in premarket trading. The …

Intel’s CHIPS Act Requirements Waived After U.S. Government Takes Stake – WSJ  The Wall Street Journal Intel says it received US grant; government says it is still working on deal  Reuters Trump’s brand of US capitalism faces ‘socialist’ backlash from conservatives  BBC Trump Intel deal designed to block sale of chipmaking unit, CFO says  Financial Times Analysis | The death of Reaganomics: Trump breaks …

However, the US can vote “as it wishes,” Intel reported, and experts suggested to Reuters that regulations may be needed to “limit government opportunities for abuses such as insider trading.” That could reassure investors somewhat, Rich Weiss, a senior vice president and chief investment officer of multi-asset strategies for American Century Investments, told Reuters. Without such laws, Weiss noted that …

Top officials at the Pentagon are “thinking about” whether the U.S. should acquire equity stakes in leading defense contractors such as Lockheed Martin, Commerce Secretary Howard Lutnick said Tuesday. The Cabinet secretary, in an interview on CNBC’s “Squawk Box,” revealed the Defense Department’s interest in taking those stakes days after the U.S. government acquired 10% of Intel stock in a …

After U.S. Takes Stake in Intel, Trump Pledges ‘Many More’ Deals  The New York Times Government will take stakes in more companies, top Trump adviser says  Axios White House’s Hassett says US could take stakes in other chip companies  Reuters The U.S. Has Created a Stealth Sovereign Wealth Fund. What Comes Next After Intel.  Barron’s Intel says Trump deal has risks for shareholders, international …

(Reuters) -Shares in Puma SE surged after Bloomberg reported on Monday that the holding company of France’s Pinault family is weighing options for its 29% stake in the German sportswear maker including sounding out potential buyers. The Pinault’s holding company, Artemis, which controls Gucci-owner Kering and other businesses in the luxury, arts and entertainment industries, has become the subject of …

Intel says Trump’s plan for U.S. stake in company poses business risks  The Washington Post Intel says Trump deal has risks for shareholders, international sales  CNBC The Long, Painful Downfall of Intel  The New York Times Government will take stakes in more companies, top Trump adviser says  Axios Trump wants more deals like Intel’s, worrying business community  Reuters Source link

Intel warns US stake could hurt international sales, future grants  Reuters Trump says government will make deals like Intel stake ‘all day long’  CNBC The Long, Painful Downfall of Intel  The New York Times Government will take stakes in more companies, top Trump adviser says  Axios Opinion | Uncle Sam Shouldn’t Own Intel Stock  The Wall Street Journal Source link

Lily Jamali Reporting fromSan Francisco Getty Images US Secretary of Commerce Howard Lutnick said on Friday that the federal government will take a 10% stake in US chipmaker Intel. “This historic agreement strengthens US leadership in semiconductors, which will both grow our economy and help secure America’s technological edge,” Lutnick wrote on X in a post accompanied by a photo …