Michael J. de la Merced
Posts
GameStop Stock Surges Again on Social Media Buzz
A post on a long-dormant Reddit account suggested the trader known as Roaring Kitty had amassed a large stake in the video game retailer.
Berkshire Reports Drop in Profits but Formidable Cash Stockpile
The company’s first-quarter earnings were released before its annual investor meeting in Omaha.
Ari Emanuel’s Endeavor to Go Private
Silver Lake, the investment company, will buy shares in the Hollywood and sports firm that it doesn’t already own, valuing Endeavor at $13 billion.
Mike Lynch, Former UK Tech Mogul, Face Trial for Defrauding HP
A criminal trial is set to begin for Mr. Lynch, the founder of the software company Autonomy, which was sold to Hewlett-Packard in 2011 and...
Soho House Seeks to Knock Back Its Critics
The members club operator disclosed improving financial results as it faces criticism from a short seller and weighs going private again.
Soho House Seeks to Knock Back Its Critics
The members club operator disclosed improving financial results as it faces criticism from a short seller and weighs going private again.
Berkshire Hathaway Reports Profit of $97 Billion Last Year, a Record
The conglomerate saw major gains in its insurance operations and in investment income. But revenues at its railroad and utility businesses declined from 2022.
Rising Markets Lift Hedge Funds to Huge Gains
The 20 best-performing hedge funds made $67 billion in gains last year, a big jump from the year before.
Rising Markets Lift Hedge Funds to Huge Gains
The 20 best-performing hedge funds made $67 billion in gains last year, a big jump from the year before.
Disney Gains Support From ValueAct Capital as Nelson Peltz Challenges Board
ValueAct Capital, known for working constructively with boards, said it would support the media giant’s director nominees amid a challenge by Nelson Peltz.