that activist investor Nelson Peltz's Trian Fund Management has hiked its stake and could seek multiple board seats, including for himself. Trian's stake is now worth north of $2.5 billion after adding over 30 million shares from just 6.4 million at the end of June, the Journal reported. Trian declined to comment.— The music streaming platform fell 2% after Redburn Atlantic downgraded shares to neutral from buy.
The Wall Street firm said the software stock is at an attractive entry point after its recent pullback.— Energy stocks popped as oil prices rallied following the Hamas attack on Israel over the weekend. Exxon and Chevron were up more than 2%, and Occidental gained more than 3%.on Sunday that it will acquire Mirati for $58 per share in cash, for a total equity value of $4.8 billion.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Exxon, Chevron, Mirati, Disney, Lockheed, and More Stock Market MoversExxon and Chevron shares rise after a surge in oil prices following the weekend attack on Israel from Hamas, Mirati Therapeutics stock falls after Bristol...
Source: MarketWatch - 🏆 3. / 97 Read more »
Top Wall Street analysts expect these dividend stocks to boost portfolio returnsTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Exxon and Darden.
Source: NBCDFW - 🏆 288. / 63 Read more »
Head of Exxon's shale oil business faces sexual assault charge in TexasThe head of Exxon Mobil's (XOM.N) shale oil and gas business, a unit involved in merger talks with rival Pioneer Natural Resources (PXD.N), was arrested at a Texas hotel last week on a sexual assault charge, police said.
Source: Reuters - 🏆 2. / 97 Read more »
Head of Exxon's shale oil business faces sexual assault charge in TexasHead of Exxon's shale oil business faces sexual assault charge in Texas
Source: Investingcom - 🏆 450. / 53 Read more »
Shares in weapons makers Lockheed Martin, RTX surge following surprise attack on Israel and other stocks on the moveShares in RTX, Lockheed Martin, Marathon Oil, Occidental Petroleum, Mirati Therapeutics, and Bristol Myers Squibb Co. were on the move
Source: MarketWatch - 🏆 3. / 97 Read more »