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Tag: stake
Morning Movers: Keurig Green Mountain Drops on Downgrade; United Rentals Gains on Activist Stake
2015-06-12 17:11:09| Beverages - Topix.net
S&P 500 futures have fallen 0.4%, while Dow Jones Industrial Average futures have declined 0.3%. Nasdaq Composite futures have dropped 0.5%.
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United Rentals (URI) Stock Up as Jana Partners Takes 6% Stake
2015-06-12 16:56:29| Industrial Machines - Topix.net
"URI is the leader in equipment rental," said Nik Mittal, a partner at Jana speaking at the 2015 Carter Burden Investment Conference in New York on Thursday, Reuters reports. United Rentals stock has fallen recently as a result of the decline in oil prices.
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Morning Movers: Keurig Green Mountain Drops on Downgrade; United Rentals Gains on Activist Stake
2015-06-12 15:54:17| Industrial Machines - Topix.net
S&P 500 futures have fallen 0.4%, while Dow Jones Industrial Average futures have declined 0.3%. Nasdaq Composite futures have dropped 0.5%.
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Lululemon stake sale could be long-term positive
2015-06-12 12:47:00| Daily apparel & textile news and comment - from just-style.com
A move by Lululemon founder Chip Wilson to sell his US1.2bn stake in the yoga wear firm would be a long-term positive, one analyst believes.
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UPDATE 1-Jana takes 6 percent stake in URI
2015-06-12 02:27:32| Industrial Machines - Topix.net
Hedge fund Jana Partners LLC has taken a 6 percent stake in United Rentals Inc and believes shares of the renter of industrial and construction equipment could hit $140, Jana partner Nik Mittal said on Thursday. It was the first time Jana, which agitates for change in some companies it has stakes in, has spoken publicly about the investment.
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