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☆ As a parent, I make the most of work trips to turn them into vacations. I schedule lunches instead of dinners so I can sleep.
▼ + stars: | 2024-05-16 | by ( Elliott Harrell | ) www.businessinsider.com time to read: +3 min

On a recent work trip to New York City, I had dinner with my boss. It was a far cry from what work dinners used to look like when I traveled. My first business trip was a sales conference in San Diego in 2009. For the next 10 years or so, every time I took a business trip, I reveled in all of the late-night activities. Swapping business dinners for lunches still means I get dedicated face time with people, but it also means that I can enjoy a break from parenthood while I'm away.

Persons: I've, that's, I'm, hasn't, It's Organizations: Service Locations: New York City, San Diego, It's

☆ Bank loan loss reserves are high. What that means for the economy and earnings
▼ + stars: | 2024-05-15 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

Loan loss reserves have perked back up in recent quarters and are at roughly 1.75% of loans outstanding, according to MRB Partners. If the economy only modestly slows, as many economists expect, new loan loss reserves could be smaller in the future. This situation comes as bank earnings were generally better than expected for the first quarter. Lauren Goodwin, chief market strategist and economist at New York Life Investments, agreed that a potential slowing or reversal of loan loss reserves would be positive for bank earnings but said she is cautious about bank profitability more broadly. To be sure, banks may need to increase their loan loss reserves if the economic outlook gets worse.

Persons: Banks, Bob Elliott, Salvatore Ruscitti, Ruscitti, Lauren Goodwin, Goodwin, they're, Unlimited's Elliott Organizations: MRB Partners, Funds, Bank, P Bank ETF, New York Life Investments Locations: Bridgewater, MRB

☆ A former Bridgewater executive shares his 2 highest-conviction trades right now — and breaks down why the US labor market remains exceptionally strong despite apparent signs of weakness
▼ + stars: | 2024-05-15 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Another common worry among investors is the risk that elevated interest rates pose to the labor market and overall economy. AdvertisementThat difference is that prior cycles have been driven by lending, Elliott said. Lending growth fueled economic expansions and drops in lending led to economic contractions. He said it can act as a hedge against the Fed cutting rates too early with the economy still strong. AdvertisementInvestors can gain exposure to gold through funds like the SPDR Gold Shares (GLD) and the iShares Gold Trust (IAU).

Persons: St, Louis, Bob Elliott, Elliott, Louis Fed, It's Organizations: Service, Unlimited Funds, Bridgewater Associates, Federal Reserve, Treasury, Trust

☆ Why the drag looks in ‘The Adventures of Priscilla, Queen of the Desert’ are still iconic, 30 years on
▼ + stars: | 2024-05-15 | by ( Caitlin Chatterton | ) edition.cnn.com time to read: +8 min

This is the opening scene from “The Adventures of Priscilla, Queen of the Desert”, which first screened at Cannes Film Festival 30 years ago this month. In the film, Tick (Hugo Weaving) and Bernadette (Terence Stamp) help Adam (Guy Pearce) realize his dream of climbing King Canyon in full drag. “I think that’s definitely one of the most iconic looks,” drag artist and costumer Philmah Bocks told CNN. Bocks has been designing costumes for 30 years, having broken into the drag scene around the same time “Priscilla” was hitting screens. The film’s legacy can also be seen in Australia’s drag scene today and, since 2021, has been broadcast to new audiences via contestants on “Rupaul’s Drag Race Down Under”.

Persons: CNN —, Belrose, Hugo Weaving, Mitzi Del, Priscilla , Queen, “, Tim Chappel, I’d, Elliott, Bernadette Bassenger, Terence Stamp, Adam Whitley, Felicia Jollygoodfellow, Guy Pearce, Priscilla, Queen, Bernadette, Adam, Chappel, ” Chappel, Susan Barber, Priscilla ”, Lizzy Gardiner, Oscar, Mitzi Del Bra, ”, Gloria Gaynor’s “, costumer Philmah Bocks, Bocks, Tim Chappel's, Priscilla ’, they’ve, couldn’t, I’ve, “ Priscilla ”, she’s, London’s, Katy Perry, they’re, Katy Perry’s, ” Bocks, Felicia Jollygoodfellow's, ” Stephan Elliott Organizations: CNN, Cannes Film, Miss Teen USA, Sydney, Cannes, Chappel, First Nations, Royce Locations: CNN — Sydney, Silicon, Sydney, Australia, Tasmania

☆ Opinion | Ethical Lapses in the Medical Profession
▼ + stars: | 2024-05-14 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “Moral Dilemmas in Medical Care” (Opinion guest essay, May 8):It is unsettling, and dismaying, to read Dr. Carl Elliott’s account of moral lapses continuing to exist, if not thrive, in medical education. As a neurology resident in the early 1970s, I was assigned a patient who was scheduled to have psychosurgery. He was a prisoner who had murdered a nurse in a hospital basement, and the surgery to remove part of his brain was considered by the department to be a therapeutic and even forward-looking procedure. This was despite its being widely discredited, and involving a prisoner who could not provide truly informed consent. It is lamentable that even though bioethics programs are widely incorporated into medical education, moral and ethical transgressions remain a stubborn problem as part of medical structures’ groupthink.

Persons: Carl Elliott’s

☆ This rallying energy drink stock is set to break out above $100, according to the charts
▼ + stars: | 2024-05-14 | by ( Todd Gordon | ) www.cnbc.com time to read: +3 min

Celsius (CELH) is an energy drink company that emerged from small cap status in 2020 to a $21 billion market cap company today. The stock carries a hefty valuation, but with the recent breakout following earnings last week I think it can rally even higher. I first wrote about Celsius here on Jan 17 as the stock was gearing up to break through the $63 and $69 resistance levels. The fundamental case Even so, last week's Q1 earnings report was met with some confusion. The chart below shows CELH quarterly revenue growth with the most recent quarter showing a slight lower-high based on that $355 million top line figure.

Persons: Red Bull, we'll, Todd Gordon, Gordon, CELH Organizations: Red, Monster Beverage, Elliott, Pepsi, Tactical Alpha, Inside Edge, Inside Edge Capital Management

☆ Squarespace to go private in $7 billion private-equity deal
▼ + stars: | 2024-05-13 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

The New York Stock Exchange welcomes Squarespace, Inc. (NYSE: SQSP), on May 19, 2021, in celebration of its Direct Listing. Squarespace , the website-building platform, announced on Monday it would go private in a $6.9 billion all-cash deal with private-equity firm Permira, after nearly three turbulent years on the public market. All three have approved the transaction and will continue to be investors after the Permira deal closes. Qualtrics, for example, was spun off from SAP in 2021 and was quickly taken private again in 2023 by Canada's pension plan and Silver Lake in a $12.5 billion deal. Japanese giant Toshiba also went private in 2023 in a $13.6 billion deal, after years of speculation and tumult, including a sustained engagement with activist investor Elliott.

Persons: Squarespace, Permira, Anthony Casalena, Ares Capital, Anthony, David Erlong, Squarespace's, Elliott, Morgan, Skadden, Richards, Layton, Finger, Goldman Sachs, Watkins Organizations: New York Stock Exchange, Inc, Accel, General Atlantic, Ares, Blackstone, SAP, Toshiba, Investors, Latham Locations: J.P

☆ I love my kids, but all I really want for Mother's Day is to be alone
▼ + stars: | 2024-05-11 | by ( Elliott Harrell | ) www.businessinsider.com time to read: +4 min

Getting a traditional Mother's Day gift means I am still doing chores that day. But when it comes to celebrating Mother's Day, there's just one thing I want, and it's not a bath bomb, candle, or picture frame. For Mother's Day, I really just want time by myself away from my girls. Mother's Day is about showing appreciation for everything moms do, but it's also a day meant for reflecting on motherhood. Having time away for Mother's Day would remind me that despite the endless chores and messes and tears, being a mom really is the best.

Persons: —, there's, it's, I'm, I'd Organizations: Service, Mother's

☆ Activist Elliott settles for a new director at Sensata. These next steps may help boost shares
▼ + stars: | 2024-05-11 | by ( Kenneth Squire | ) www.cnbc.com time to read: +7 min

Business: Sensata Technologies is an industrial technology company that develops, manufactures and sells sensors, electrical protection components and other products. Activist Commentary: Elliott is a very successful and astute activist investor. Elliott often watches companies for many years before investing and has an extensive stable of impressive board candidates. At the same time, Sensata also noted that Elliott settled for a board seat for Phillip Eyler (president and CEO of Gentherm), effective on July 1. As Sensata sensors are used in both combustion and electric vehicles, the current trend to hybrid gives the company a sort of 2-for-1 demand for its products.

Persons: Elliott, Jeff Cote, Martha Sullivan, Sensata, Phillip Eyler, Russell, Sullivan, Eyler, Ken Squire Organizations: Sensata Technologies, Xirgo Technologies, SmartWitness Holdings, 13D Locations: COOs, Cote, Sensata

☆ Mary Wells Lawrence, High-Profile Advertising Pioneer, Dies at 95
▼ + stars: | 2024-05-11 | by ( Robert D. Mcfadden | ) www.nytimes.com time to read: +1 min

She put the “plop plop, fizz fizz” into Alka-Seltzer. She warned Benson & Hedges smokers that long cigarettes might pop balloons or set fire to beards. And from Niagara Falls to Broadway, she reached millions with her “I ♥ NY” campaign. Ms. Wells Lawrence was the first woman to own and run a major national advertising agency — Wells Rich Greene — and the first female chief executive of a company listed on the New York Stock Exchange. She was “arguably the most powerful and successful woman ever to work in advertising,” Stuart Elliott, who was then the advertising columnist of The New York Times, wrote in 2002 of Ms. Wells Lawrence, who sold her agency for $160 million (about $385 million today) and retired in 1990.

Persons: Seltzer, Benson, Mary Wells Lawrence, Katy Bryan, Ms, Wells Lawrence, Wells Rich Greene —, ” Stuart Elliott Organizations: Braniff, Alka, Hedges, New York Stock Exchange, The New York Times Locations: Niagara Falls, Broadway, Ohio, New York, London

☆ Jack Dorsey said Twitter's board 'has always been a problem' and that he plotted his exit from the firm because of its activist investor
▼ + stars: | 2024-05-10 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Jack Dorsey said Twitter's board — and its activist investor — prompted him to plan an exit from the firm. "I was happy to see it end," Dorsey said of the board when Elon Musk took Twitter private. AdvertisementDorsey told Solana that earlier on, he'd tried to bring Musk onto Twitter's board but was stopped twice. In April 2022, Musk joined Twitter's board of directors after taking a 9.2% stake in the company. But Dorsey said he was also unhappy with the board because of an activist investor seeking to boot him, he said.

Persons: Jack Dorsey, —, Dorsey, Elon Musk, Mike Solana, Parag Agrawal, Solana, he'd, Musk, Paul Singer, Elliot Management's, It's, Dorsey didn't, Bluesky, Donald Trump, Nick Fuentes Organizations: Elon, Twitter, Service, Fund, Elliott Management

☆ Warren Buffett's sister Bertie: "I feel so lucky that he's my big brother"
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarren Buffett's sister Bertie: "I feel so lucky that he's my big brother"Warren Buffett's sister Bertie Buffett Elliott speaks with Becky Quick about her relationship with her brother and the lessons she might have taught him.

Persons: Warren Buffett's, Bertie, Bertie Buffett Elliott, Becky Quick

☆ Google employees question execs over 'decline in morale' after blowout earnings
▼ + stars: | 2024-05-08 | by ( Jennifer Elias | ) www.cnbc.com time to read: +8 min

"How does leadership plan to address these concerns and regain the trust, morale and cohesion that have been foundational to our company's success?" "Despite the company's stellar performance and record earnings, many Googlers have not received meaningful compensation increases" a top-rated employee question read. Google's use of cashThere were a lot of employee questions ahead of last week's meeting directed at the company's buyback, Porat said. With respect to the decline in morale brought up by employees, Pichai said "leadership has a lot of responsibility here, adding that "it's an iterative process." CNBC reported last week that Google is laying off at least 200 employees from its "Core" organization, which includes key teams and engineering talent.

Persons: Sundar Pichai, Loren Elliott, Ruth Porat, We've, Alphabet's, Hollie Adams, Porat, Prabhakar Raghavan, dory, Pichai, Ted, Larry Page, Jim Cramer Organizations: Inc, Government, Society, Bloomberg, Getty, Google, Economic, Finance, CNBC Locations: Stanford , California, Davos, Switzerland, U.S

☆ Opinion | In Medicine, the Morally Unthinkable Too Easily Comes to Seem Normal
▼ + stars: | 2024-05-07 | by ( Carl Elliott | ) www.nytimes.com time to read: +1 min

Did she understand that when the lights went dim she would be treated like a clinical practice dummy, her genitalia palpated by a succession of untrained hands? I don’t know. Like most medical students, I just did as I was told. Much of the force behind the new requirement came from distressed medical students who saw these pelvic exams as wrong and summoned the courage to speak out. Whether the guidance will actually change clinical practice I don’t know.

Organizations: of Health, Human Services

☆ Pulitzer Prizes: 2024 Winners List
▼ + stars: | 2024-05-06 | by ( The New York Times | ) www.nytimes.com time to read: +1 min

PUBLIC SERVICEProPublicaThe Pulitzer committee honored ProPublica for the work of Joshua Kaplan, Justin Elliott, Brett Murphy, Alex Mierjeski and Kirsten Berg, citing their “groundbreaking and ambitious reporting that pierced the thick wall of secrecy surrounding the Supreme Court.”Finalists KFF Health News and Cox Media Group; The Washington PostBREAKING NEWSStaff of Lookout Santa CruzLookout Santa Cruz won for “its detailed and nimble community-focused coverage, over a holiday weekend, of catastrophic flooding and mudslides that displaced thousands of residents and destroyed more than 1,000 homes and businesses.”Finalists Staff of Honolulu Civil Beat; Staff of The Los Angeles TimesINVESTIGATIVE REPORTINGHannah Dreier of The New York TimesMs. Dreier was honored for “a deeply reported series of stories revealing the stunning reach of migrant child labor across the United States — and the corporate and governmental failures that perpetuate it.”Finalists Staff of Bloomberg; Casey Ross and Robert Herman of Stat

Persons: ProPublica, Joshua Kaplan, Justin Elliott, Brett Murphy, Alex Mierjeski, Kirsten Berg, Hannah Dreier, Dreier, “, Casey Ross, Robert Herman of Stat Organizations: Cox Media Group, Washington, Staff, Santa, ”, Staff of, Staff of Honolulu Civil Beat, The Los Angeles Times, The New York Times, United States —, Bloomberg Locations: Santa Cruz, Staff of Honolulu, United States

☆ How previous investing mistakes are shaping my thinking on the latest stock gone wrong
▼ + stars: | 2024-05-05 | by ( Jim Cramer | ) www.cnbc.com time to read: +19 min

Three times a day we would gather "off the desk," and I would have to defend every stock we owned. First, there's the obvious mistakes that we have made: Bausch Health and Foot Locker . To signify the changes, he renamed it Bausch Health in 2018, after the eye-care company Valeant bought for $8.7 billion five years earlier. We thought the IPO market would come back, and Bausch Health would win the lawsuit and all would be back on track. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jeff Marks, Karen Cramer, Cramer, Karen, Max Palevsky, It's, Joseph Papa, Clint Eastwood, Papa, Jim Cramer, Valeant, Bausch, Locker, Mary Dillon, Dillon, Wall, Emerson, Cristiano Amon, Laxman Narasimhan, Howard Schultz, Narasimhan, Benckiser, Kevin Johnson, Schultz, Johnson, it's, —, Foot Locker, Jim Cramer's, Jim Organizations: Cramer &, Intel, Charitable Trust, Co, Starbucks, Bausch Health, Pharmaceuticals, Perrigo, Health, Norwich Pharmaceuticals, Former, Emerson Electric, Qualcomm, National, Eaton Corp, Broadcom, Palestine, PepsiCo, Nestle, Elliott Management, Emerson, CNBC, Getty Locations: China, —, Israel, U.S, BHC, FL, Jinan, East China's Shandong province

☆ Trump’s bombardment of dishonesty: Fact-checking 32 of his false claims to Time
▼ + stars: | 2024-05-04 | by ( Daniel Dale | ) edition.cnn.com time to read: +43 min

We’re paying for close to 100% of NATO.”Facts First: Trump’s claim is false. They don’t pay their bills.”Facts First: Trump’s claim is false. (It rose to about $314 billion in 2020, Trump’s last full year in office.) Facts First: Trump’s claim is false. Facts First: Trump’s claim that “nobody died other than Ashli” is false.

Persons: Donald Trump, Trump, “, William Barr, Bill Barr, Barr, Bill, I’m, ”, it’s, Biden, Joe Biden, Tamar Hermann, Hermann, Bill Clinton, “ Trump, ” Trump, …, National Guard Trump, I’ve, George Floyd, Tim Walz, Walz, Paul —, –, Erwan, George Washington, “ don’t, they’re, Stoltenberg, Trump’s, Lagadec, Marc Lipsitch, Barack Obama, European Union won’t, Cortellessa, “ Moody’s, Moody’s, Mark Zandi, Zandi, ’ ” Zandi, Joe Biden’s, rioter Ashli Babbitt, Brian Sicknick, Sicknick, Trump’s ‘, patriotically, ‘, patriotically ’, ” Nancy Pelosi, Nancy Pelosi, “ Nancy Pelosi, Pelosi, Christopher Miller, Miller, Eric Cortellessa, Alvin Bragg’s, Bragg, Matthew Colangelo, Colangelo, Alvin Bragg, ” Cortellessa, Hillary Clinton, —, Roe, Wade, Kimberly Mutcherson, “ Donald Trump’s, Maya Manian, Mary Ziegler, Davis, Ziegler, Ruth Bader Ginsburg, Roe should’ve, ’, Crime Biden, don’t, “ Biden, he’s, James Biden, Jeff Asher, Asher, It’s, ” “, ” Asher Organizations: Washington CNN, Time, Trump, NATO, Capitol, Trump’s, Trade Center, didn’t, World Trade Center, Department, ISIS, CNN, Democratic, White House, White, South Korea Trump, Pentagon’s Defense Manpower Data, Biden Administration, Congressional Research Service, Israel, Israeli Democracy Institute, National Guard, Minnesota Democratic Gov, Minnesota National Guard, Guard, North Atlantic Treaty Organization, George Washington University’s Elliott School of International Affairs, Transatlantic, for Disease Control, World Bank, Washington Post, Harvard, Harvard’s, National, Trump -, of Health, Human Services, Strategic, Biden, U.S . International Trade Commission, European, Benz, Volkswagen, BMW, European Union, US, European Automobile Manufacturers ’ Association, Bloomberg Economics, US Capitol Police, Capitol Police, “, Republican, Democratic Rep, National Guardsmen, District of Columbia National Guard, Army, Capitol Police Board, Senate, Justice Department, Pulitzer Foundation, Pulitzer, New York Times, Electoral, Democrat, ” Rutgers Law, American University, university’s Health, University of California, ”, Customs, Border Protection, Crime, Manchurian, Republicans, FBI Locations: “, New York City, Saudi, Florida, al Qaeda, New York, Texas, Mexico, South Korea, Trump , South Korea, South, Korea, Israel, Washington, Trump , Minneapolis, Minneapolis, Trump, Minnesota, St, United States, Germany, Brussels, Belgium, Harvard University, China, EU, DC, Trump’s, ”, York, Manhattan, York’s, Russia, That’s

☆ Powell will interpret any data he can in a dovish way, says 3Fourteen's Warren Pies
▼ + stars: | 2024-05-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPowell will interpret any data he can in a dovish way, says 3Fourteen's Warren PiesWarren Pies, 3Fourteen Research co-founder, and Bob Elliott, Unlimited CEO & CIO, join 'Closing Bell Overtime' to talk the day's market action.

Persons: Powell, Warren, Bob Elliott Organizations: 3Fourteen Research, CIO

☆ Reading the charts on this AI play to find the right price to buy on the dip
▼ + stars: | 2024-04-30 | by ( Todd Gordon | ) www.cnbc.com time to read: +2 min

Is the company re-inventing itself as one of the premier players in the AI server business? But there are headwinds that have the analyst community concerned about a moderate pullback in AI infrastructure spend by corporate management teams. Let's examine the weekly Relative Rotation Graph of 3 key hardware stocks Apple (AAPL), Super Micro Computer (SMCI), and Dell (DELL). Turning to the technical price chart of Dell, we see this chart falling into an triangle consolidation pattern, which according to the Elliott Wave principle has 5 swings of lower-highs and higher-lows. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Dell, SCMI, Elliott, Todd Gordon Organizations: Dell Technologies, Apple, Micro, Dell, DELL, Inside Edge

☆ Mike Tyson details regime of abstinence as bout with Jake Paul is sanctioned as professional fight
▼ + stars: | 2024-04-29 | by ( Ben Morse | ) edition.cnn.com time to read: +4 min

CNN —Mike Tyson is clearly taking his fight with Jake Paul seriously as he detailed elements of his training regime, which he says includes not smoking marijuana as well as abstaining from sex. Tyson, 57, will return to the ring to face YouTuber-turned-boxer Paul at AT&T Stadium in Arlington, Texas on July 20. The 57-year-old has also started his own cannabis brand, Tyson 2.0, with Forbes estimating it generated $150 million in revenue last year. “Why did God, the universe, whatever we believe, why am I the face of it?” Tyson said. “An uneducated guy, Mike Tyson, why am I the face of cannabis and psychedelics?

Persons: Mike Tyson, Jake Paul, Tyson, Paul, ” Tyson, “, Damon Elliott, Elliott, ”, Mike ”, Roy Jones Jr, Tommy Fury, Tyson Fury, Andrew Golota, Evander Holyfield’s, Tyson’s, Holyfield, Lakiha Spicer, Holyfield –, Mike, ’ Tyson, Chris Unger, Forbes Organizations: CNN, T, Forbes Life, Texas Department, Dallas Cowboys, YouTube, Forbes, UFC, Mobile Locations: Arlington , Texas, Michigan, Las Vegas , Nevada

☆ My nanny share was more expensive than day care — and more work
▼ + stars: | 2024-04-29 | by ( Elliott Walker | ) www.businessinsider.com time to read: +4 min

A day care would've been cheaper and we would've done less admin work. At day care, she'd be one of 10 babies in a class, which I (incorrectly) assumed would mean a lower level of care. So yes, if we had been set on using a nanny instead of day care, doing a share would have saved us money. Related storiesBut a nanny share compared to day care? For us, that was the final straw on the big pile of reasons to stop the nanny share.

Persons: —, she'd, you'd, she's, we've Organizations: Service

☆ Stocks making the biggest moves after hours: Paramount, NXP Semiconductors, Chegg, F5 and more
▼ + stars: | 2024-04-29 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

The news comes as Paramount posted per-share earnings of 62 cents, topping the 36 cents anticipated by analysts polled by LSEG. First-quarter earnings of 24 cents per share surpassed an estimate of 11 cents per share from Factset. Second-quarter earnings and revenue guidance also came in better than expected. F5 — The application security cloud company dropped 9% after F5 issued disappointing third-quarter revenue guidance of $675 million to $695 million, compared to the $695 million LSEG consensus estimate. Second-quarter revenue of $681 million also missed the $685 million anticipated by analysts.

Persons: Bob Bakish, LSEG, Chegg, Medifast, Coursera, Woodward, Jeff Cote, Martha Sullivan, Sensata, Phillip Eyler Organizations: Paramount, CBS, LSEG, Sensata, Elliott Investment Locations: LSEG ., Factset .

Emory University: 28 people were arrested, including 20 Emory community members, during a protest at the school, Vice President for Public Safety Cheryl Elliott said. Brown University: The university identified about 130 students who it alleges violated a school conduct code that forbids encampments on campus. George Washington University: DC Metropolitan Police were asked to assist in relocating an “unauthorized protest encampment” on campus, university president Ellen M. Granberg said. Northeastern University: An encampment formed at Northeastern University in Boston, where dozens of protesters were seen forming a human chain around several tents. Other campuses: Since last Thursday, there have been protests at several campuses, including the Massachusetts Institute of Technology, University of Texas at Austin, University of Michigan, University of New Mexico, University of California, Berkeley, Yale University, Harvard University, Princeton University and the University of Minnesota’s Twin Cities campus.

Persons: —, Minouche, Shafik, Cheryl Elliott, Jay Bernhardt, Ellen M, Granberg, GWPD Organizations: New York's Columbia University, Columbia University, The New York Times, University of Southern, Emory University, Emory, Public, Troopers, Georgie State Patrol, Democratic, Georgia State Patrol, Emory . Brown University, Students, Emerson College, Boston, Boston Police Department, Indiana University, George Washington University, DC Metropolitan Police, University of California, UCLA, Northeastern University, Massachusetts Institute of Technology, University of Texas, Austin , University of Michigan, University of New, Yale University, Harvard University, Princeton University, University of Minnesota’s, University of Minnesota’s Twin Cities Locations: Israel, Gaza, University of Southern California, Democratic Georgia, Los Angeles, Boston, University of New Mexico, Berkeley, University of Minnesota’s Twin

☆ Elliott takes $1 billion stake in Anglo American as miner faces takeover interest
▼ + stars: | 2024-04-26 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Elliott Management has built a roughly $1 billion stake in miner Anglo American in recent months, a person familiar with the matter told CNBC. Anglo American shares were up 5% on the news Thursday. News of the activist's position comes as the $43 billion, London-based miner faces takeover interest from BHP, a mining giant with worldwide operations. Anglo rejected BHP's $39 billion takeover offer Friday morning, saying BHP's offer "significantly undervalues Anglo American and its future prospects." Anglo American declined to comment.

Persons: Elliott, Stuart Chambers, BHP, CNBC's Karen Gilchrist Organizations: Elliott Management, CNBC, BHP, Bloomberg Locations: London, Australia

Microsoft and a major chemical stock were among Friday's biggest analyst calls. He also lowered his price target by $1 to $25, which implies shares can fall roughly 19% from Thursday's close. Sandler increased his price target by $27 to $200, which implies 26.6% potential upside. JPMorgan: Analyst Mark Murphy added $30 to his price target, which is now at $470. He also hiked his price target to $61 from $55, which implies upside of 8% going forward.

Persons: Morgan Stanley, Mobileye, Adam Jonas, Jonas, — Pia Singh, Stifel, Stanley Elliot, Elliott, Alphabet's, Oppenheimer, Jason Helfstein, Ross Sandler, Sandler, Brent Thill, Google's, Justin Post, Post, Wall, Raimo Lenschow, Wells, Michael Turrin, MSFT, Turrin, Mark Murphy, Murphy, Keith Weiss, Weiss, Jeffrey Zekauskas, Zekauskas, Dow, Fred Imbert Organizations: CNBC, Microsoft, JPMorgan, Dow Inc, TAM, Caterpillar, Google, Barclays, –, Jefferies, Bank of America, DOW Locations: Israel, Thursday's, reaccelerate, Wells Fargo

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