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BIZARRE: 3 - You Need To See This

CEO Jack Dorsey's background as his finance company Block lets go of 1,000 employees

The previous owner of X says the mass job losses are not for financial reasons or because of greater use of AI

Evening Standard

London Metal Exchange fined £9.2m by City watchdog over nickel price spike

The FCA said the London Metal Exchange ‘should have been better prepared to address the serious risks posed by extreme volatility’.

Evening Standard

4 Turnaround Stocks to Consider – and 2 More to Keep an Eye On

A turnaround stock is a struggling company with a strong makeover plan that can pay off for intrepid investors.

Kiplinger

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read the most diverse news in one place.

Hedge fund’s BP stake worth £3.8bn as firm expected to ditch green promises

Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.

Evening Standard

Activist hedge fund reportedly amasses £3.8bn stake in BP

Elliott Management expected to demand strategy changes including pushing to abandon green energy pledge

The Guardian - UK

Time for BP’s chair to head for the exit

Helge Lund is too closely tied to share price failure and BP’s inability to carry its investors with it

The Guardian - UK

BP profits slump to four year low as activist shareholder circles

Disappointing results come weeks before major investor update on new strategy

Evening Standard

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BP shares jump after feared US hedge fund Elliott takes stake

Activist fund predicted to push for overhaul of oil company’s strategy and shake-up of board

The Guardian - UK

BP shares jump after activist investor reportedly buys stake

The reported stake-buying by Elliott has fuelled speculation over strategy changes at the oil giant and an overhaul of its management.

Evening Standard

Activist investor Elliott Management says crypto is facing an ‘inevitable collapse’ after its ‘perceived proximity to the White House’ inflated a bubble

The legendary activist firm warned that crypto is leading a market frenzy that has investors “acting like a crowd of sports bettors” by flocking to entirely speculative assets.

Fortune

Honeywell Is the Best Dow Stock on Spinoff Speculation

Honeywell stock is higher Monday on news the industrial giant may spin off its aerospace segment. Here's what you need to know.

Kiplinger

Should You Follow Activist Investors Into This Dividend Stock?

Activist investor Elliott Investment is eyeing this dividend-paying industrial stock.

Barchart

What Are Wall Street Analysts' Target Price for Honeywell International Stock?

Honeywell International has underperformed the broader market over the past year, and Wall Street analysts are moderately bullish about the stock’s future.

Barchart

Stock Market Today: Stocks Retreat on Renewed Inflation, Interest Rate Questions

Stocks were lower and yields were higher on Tuesday, with markets reflecting the uncertain transition from campaign promises to real-world policies.

Kiplinger

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news in one place.

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Kiplinger

Honeywell Is the Best Dow Jones Stock After Elliott Discloses a Stake

A breakup of Honeywell's businesses could result in major upside for the blue chip stock over the next two years, the activist investor says.

Top News

Southwest Airlines Faces Major Overhaul Amid Investor Pressure

Southwest Airlines is making strategic changes, including discontinuing open seating and potential introduction of bag fees, in response to financial chall...

International Business Times

Southwest Airlines Prepares To Share Profitability Plan with Investors

Southwest is hosting its Investor Day in Dallas on Thursday, when shareholders will have the opportunity to hear more about these initiatives and the airline's plan to restore its profitability.

The Independent UK

How much will Southwest Airlines change to boost profits? Some details are emerging

Southwest Airlines leaders say they will provide more details about their plan to change the airline and increase profits

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