Investing

Loeb’s U.S. hedge fund Third Point owns Vivendi stake -source

Billionaire hedge fund manager Daniel Loeb’s Third Point owns a substantial stake in Vivendi SE (VIV.PA) and is “evaluating” the French media giant’s plan to sell a stake in its Universal Music Group to rival billionaire investor William Ackman, a source familiar with the firm’s holdings said on Monday.

Wall Street flat with Fed meet in focus

U.S. stock indexeswere flat on Friday as focus turned to next week’s Federal Reserve meeting, while technology and growth- exposed sectors gained after inflation data calmed fears over a long-term spike in consumer prices.

Loeb’s U.S. hedge fund Third Point owns Vivendi stake -source

Billionaire hedge fund manager Daniel Loeb’s Third Point owns a substantial stake in Vivendi SE (VIV.PA) and is “evaluating” the French media giant’s plan to sell a stake in its Universal Music Group to rival billionaire investor William Ackman, a source familiar with the firm’s holdings said on Monday.

Wall Street flat with Fed meet in focus

U.S. stock indexeswere flat on Friday as focus turned to next week’s Federal Reserve meeting, while technology and growth- exposed sectors gained after inflation data calmed fears over a long-term spike in consumer prices.

Categories