financial vehicles

PayPal stock jumps 12% as company confirms Elliott stake and appoints EA exec as new CFO amid profit beat

After seeing its shares lose nearly two-thirds of their value in the past year, PayPal Holdings Inc delivered a profit-heavy report on Tuesday, announcing a new CFO, buy-back authorization program and cost savings, while also confirming that activists at Elliott Management Inc. Corp. a stake in the company. Additionally, the company beat expectations with its …

PayPal stock jumps 12% as company confirms Elliott stake and appoints EA exec as new CFO amid profit beat Read More »

PayPal stock jumps 12% as company confirms Elliott stake and appoints EA exec as new CFO amid profit beat

After seeing its shares lose nearly two-thirds of their value in the past year, PayPal Holdings Inc delivered a profit-heavy report on Tuesday, announcing a new CFO, buy-back authorization program and cost savings, while also confirming that activists at Elliott Management Inc. Corp. a stake in the company. Additionally, the company beat expectations with its …

PayPal stock jumps 12% as company confirms Elliott stake and appoints EA exec as new CFO amid profit beat Read More »

Pinterest stock jumps more than 20% despite profit loss, as Elliott confirms stake and users remain

Pinterest Inc missed forecasts on earnings and directed lower revenue than analysts had expected in the current quarter, but shares continued to rally in after-hours trading as users paused in a quarter that prompted a sudden turnaround and attracted an active investor. pinterest pins, + 2.62% On Monday, it reported a second-quarter loss of $43.1 …

Pinterest stock jumps more than 20% despite profit loss, as Elliott confirms stake and users remain Read More »

Will the stock market rally turn into selling? This Bond Market Scale Can Distract Investors

Now that the Fed appears to have abandoned its future guidance tool in favor of being “data-driven” to help determine its future course for rates, investors should monitor this gauge of inflation expectations for signs of a shift in market mood. Watch the five-year flat rate inflation rate, one of the most reliable indicators of …

Will the stock market rally turn into selling? This Bond Market Scale Can Distract Investors Read More »

As Twitter rethinks its footprint in San Francisco, a bigger $9 billion question hangs over the city’s office market

Twitter Inc. developed Its large San Francisco office footprint is under review for downsizing on Wednesday, and it canceled the opening of an office in Oakland, California, a person familiar with the matter said. The move obscures the future of the social media site’s elegant San Francisco headquarters, a 1.1 million square foot memorial office …

As Twitter rethinks its footprint in San Francisco, a bigger $9 billion question hangs over the city’s office market Read More »