In this article VIV-FR PSTH Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire investor Bill Ackman’s blank-check company Pershing Square Tontine Holdings (PSTH) confirmed Friday it was in talks to buy 10% of Universal Music Group for around $4 billion. The deal values Universal Music at 35 billion
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As global demand slumped, oil and gas stocks witnessed a sharp correction in the first half of 2020. With monetary and fiscal policy action, oil prices stabilized. Furthermore, production cuts by the OPEC also supported oil prices after an initial plummet. The Invesco DB Energy Fund (NYSEARCA:DBE), an exchange-traded fund with exposure to worldwide energy
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Could app-based dating be the ultimate Covid-19 pandemic recovery trade? That’s a question that prospective Bumble (NASDAQ:BMBL) investors should consider, as BMBL stock hasn’t exactly been a blockbuster success in the past couple of months. Source: XanderSt / Shutterstock.com The Austin, Texas-based company has an interesting backstory. As I learned from InvestorPlace contributor Thomas Yeung, Bumble CEO Whitney
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Real estate investment trusts (REITs) are companies that own properties or invest in mortgages. They offer excellent opportunities for investment as they pay dividends, providing a steady stream of income on a portfolio. Source: Shutterstock According to Yieldstreet, “REITs give investors the option of investing in real estate without the expense of purchasing and maintaining
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Milken, Boesky, Pickens, Rigas, Ebbers: Their names were once household words, back in the 1980s, 1990s, and 2000s: Financial fraudsters who lived the high life until their crimes (or purported crimes) brought them down. In February 2020, two of them were back in the news. Let’s check in with this financial five, to see where
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