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Report: Large Deutsche Bank Shareholder Wants Chairman Fired
Tuesday, November 12, 2019 - 4:01pm | 373Read More...American private equity firm Cerberus owns a 3% stake in Germany's Deutsche Bank AG (NYSE: DB) and is pushing for the ouster of Chairman Paul Achleitner, CNBC reported Tuesday, citing two sources. What Happened Achleitner was named chairman of Deutsche Bank back in 2012; since then,...
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Avon-Cerberus Investment Could Signal Cash Flow 'Uncertainty,' Analyst Warns
Friday, December 18, 2015 - 11:16am | 314Read More...Avon Products, Inc. (NYSE: AVP) shares have declined 56.34 percent year-to-date, with the share price declining almost to the 52-week low on November 13 at $2.50. B. Riley analysts have maintained a Neutral rating on the company, with a price target of $3.30. The analysts expect the...
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Market Wrap For March 7: Markets Cap Off Positive Week With Small Gains
Friday, March 7, 2014 - 5:31pm | 2369Read More...U.S. stocks were mixed as investors continue to follow the standoff in Ukraine and digested February's jobs report which indicated that harsh winter weather could be the culprit behind weakness seen in recent economic data reports. The S&P 500 trading at new all time highs at 1,883.57 but...
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Wendy's Arby's Group Ticking Higher On Renewed Takeover Chatter (WEN)
Thursday, June 24, 2010 - 12:08pm | 167Read More...Shares of Wendy's Arby's Group (NYSE: WEN) moved higher on heavy volume this morning after renewed buyout speculation. The rumors that we are hearing are that Cerberus Capital Management may be interested in acquiring the fast food chain in a $3 billion all cash deal that would value the company at...
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Rumors Swirling About Wendy's Buyout (WEN)
Thursday, June 24, 2010 - 10:26am | 52Read More...There are rumors today that Nelson Peltz along with the Wendy's Arby's Group Board is entertaining a $3 billion ($8/share) all-cash buyout offer from Cerberus. We cannot confirm anything, but will follow up later in the day. WEN shares have moved into positive territory on these rumors and are now...
