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HBC News

Three Activist Hedge Funds to Watch

The titan's of activism, BIll Ackman, Nelson Peltz and David Einhorn Had a forgettable 2017, return-wise. But take a look at the double-digit gains produced by a real-estate focused activist, an Ackman protégé and one insurgent based in San Francisco.

One of New York City's Largest Retail Landlords Is Shrugging Off Retail Woes

The Deal sits down with Madison International Realty's Ronald Dickerman to discuss the changing face of retail and the company's recent $1 billion-plus acquisition of real estate surrounding Brooklyn's Atlantic Center.

Tax Reform Will Be Especially Sweet for Luxury Retailers

Wealthy consumers will disproportionately benefit from the tax cuts, and that means payday for the likes of Saks and Gucci.

Walmart Might Have a Mind-Blowing 2018

One analyst expects a 5% dividend increase for Walmart investors in 2018.

White Squires Strike Back Against Activists in 2017

More activist-targeted companies finding a so-called white squire private equity investors to help them fend off insurgent hedge fund managers.

Breaking News

Johnson & Johnson Stock Lower After Unveiling End To Global Baby Powder Sales In 2023

Johnson & Johnson, which began selling Baby Powder in 1894, will end all sales of the talc-based product next year.

Apple Stock Edges Higher After Report Indicates iPhone Demand Confidence

Apple is asking assemblers to put together 220 million iPhones this year, Bloomberg reported, a tally that largely matches 2021 levels.

Struggling Electric-Truck Maker Nikola Makes a Major Change

Electric-truck manufacturer Nikola, like the broad vehicle industry, has been struggling with supply-chain issues.

Illumina and the Quest for the (Holy?) Grail

DNA-sequencing leader Illumina swung to a loss in Q2 2022. Contributions from Grail didn't help.