Third Point owns around 40 million shares of Nestle, according to an investor letter published Sunday. The position totals over $3.5 billion and includes options.
TOKYO/WASHINGTON Japan's Takata Corp (7312.T), at the center of the auto industry's biggest-ever product recall, filed for bankruptcy protection in the United States and Japan, and said it had agreed to be largely acquired for $1.6 billion by the ...
The tech news site Recode reported late Sunday that Westergren will step down as chief executive of the online radio company. Pandora had no comment.
SAN FRANCISCO - When Amazon made a bid for Whole Foods earlier this month, a company that's been a huge but largely online presence for consumers suddenly seemed to be everywhere, raising the question, "Is it getting too big?
Shares of real-estate investment trust Store Capital Corp. chalked up their biggest one-day gain since going public on Monday, after the company unveiled a $377 million investment by a unit of Warren Buffett's Berkshire Hathaway.