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The Latest Breaking News from Elliot

Southwest shares drop with chairman retiring amid Elliot pressure

Elliot announced in June that it had built a 11% stake in the airline and called for the departures of Kelly and CEO Bob Jordan.

Fortune

Chipotle CEO to take over at Starbucks

Starbucks founder Howard Schultz says Chipotle's Brian Niccol has his "respect and full support"

Salon

Starbucks shares jump 4% after news of another activist stake

Flagging sales in the U.S. and China headline concerns that have weighed on Starbucks shares, which are down about 20% year-to-date.

Fortune

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Southwest and American Airlines earnings preview

An activist firm is pushing Southwest to change its leadership and business model while American unwinds a failed sales strategy.

Fortune

Father's Day: seven top London restaurants for a slap-up meal

From Shoreditch wine bars to modern pizzerias, Clare Finney on where to treat dad this weekend

Evening Standard

Inside the 25-year relationship between Goldman Sachs and Juniper Networks—and its bittersweet end

Juniper Networks is likely to disappear with its $14 billion sale to Hewlett Packard Enterprises.

Fortune

My London: Arlo Parks

Singer Arlo Parks sips natural wine at Elliot’s, thinks Kenwood House is the best address in the world and is still waiting for that O2 Arena booking…

Evening Standard

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Elliott Management net worth compared to Chelsea and Arsenal owners amid Man United takeover

Arsenal and Chelsea have two extremely rich owners but Manchester United could rival them should the Glazer family choose to sell

Football London

PayPal Analysts Increase Price Targets Following Earnings Report, Elliott Management's $2B Investment

Analysts are diving into the second quarter earnings report from PayPal Holdings (NASDAQ: PYPL) and evaluating what a $2 billion stake from Elliott Management could mean for the financial technology company's future.

Benzinga

PayPal Stock On 'Road To Recovery' With Elliott Management's Backing?

PayPal stock climbed after the e-commerce firm reported mixed June-quarter financial results and added $15 billion to its stock repurchase program.

Investors Business Daily

Suncor (SU) Alters Board, Reviews Station Sale Post Elliot Deal

Suncor Energy (NYSE: SU) recently declared that it has entered into an agreement with the activist investment firm — Elliott Investment Management — according to which SU's board of directors will appoint three new independent directors, two of whom will serve on the CEO search committee.

Benzinga

Pinterest Stock Soars On Report Of Activist Elliott Management Stake

Activist hedge fund Elliott Management has amassed a stake of more than 9% in Pinterest, the Wall Street Journal reported late Thursday, and his holding talks with the group's new executive team.

The Street

Stocks Edge Higher, Banks, Retail Sales, Pinterest and President Biden in Focus - Five Things To Know

Stock futures edge higher as jumbo rate hike bets fade; Retail sales in focus amid gas price, inflation surge; Citigroup, Wells Fargo earnings on deck after JPMorgan miss; Pinterest shares surge on report of activist Elliott stake and Biden kicks-off controversial Saudi visit amid oil market retreat.

People

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