Elliott Management is back in the picture at Citrix. How the investor can help boost the company's profits

Business: Citrix is an enterprise software company that provides workspace, app delivery and security, and professional services worldwide. The company offers workspace services and networking products for web, traditional and cloud-native applications. In addition, Citrix offers customer services, hardware maintenance, consulting, and product training and certification services. Stock Market Value: $13.8B ($111.57 per share) Activist: Elliott Associates Percentage Ownership:  ~10% […]

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Stocks mixed ahead of consumer sentiment data

Should investors worry ‘stagflation’ is coming back? Stifel chief economist Lindsey Piegza and Advisors Capital Management partner JoAnne Feeney provide insight into today’s economic and market trends and the potential impact of inflation and higher taxes.  U.S. stock futures were mixed Friday as investors awaited the latest data on consumer sentiment. Dow Jones Industrial Average futures fell 49 points, or […]

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Cathie Wood’s ARK Invest Buys for 9\/16

The broad markets couldn’t make up their mind on Thursday as the Dow and S&P 500 slid lower but the Nasdaq edged out a gain. Following suit, ARK Funds were mixed as well. ARKF performed the best out of the group, up 0.9% on the day, while ARKQ underperformed the rest of the group, down 0.1%. The gains from last […]

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Indian shares book fourth straight weekly gain on government support boost

BENGALURU (Reuters) – Indian shares retreated from record highs on Friday but posted their fourth straight week of gains as a series of government support schemes boosted sentiment across sectors.FILE PHOTO: A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 26, 2016. REUTERS/Shailesh Andrade/File PhotoThe blue-chip NSE Nifty 50 index index […]

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Next to operate Gap brand in Britain

Shoppers walk past a former branch of the British clothing retailer Next, now converted into an independent gift shop on Oxford Street in London, Britain, January 3, 2019. REUTERS/Toby MelvilleLONDON (Reuters) – British clothing retailer Next has struck a deal with Gap Inc, to run the Gap brand’s business in the UK and Ireland as a franchise partner. The deal […]

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UNHCR chief says 'space for discussion' with Taliban over human rights

ISLAMABAD (Reuters) – United Nations High Commissioner for Refugees (UNHCR) Filippo Grandi said on Friday he found that the Taliban have space for discussion and engagement on human rights issues, including women and minorities rights.United Nations High Commissioner for Refugees (UNHCR) Filippo Grandi gestures as he speaks during a news conference in Islamabad, Pakistan September 17, 2021. REUTERS/Waseem Khan “There […]

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EU fails to confirm if women, young adults at higher clot risk from AstraZeneca shot

FILE PHOTO: Vial labelled “AstraZeneca coronavirus disease (COVID-19) vaccine” placed on displayed EU flag is seen in this illustration picture taken March 24, 2021. REUTERS/Dado Ruvic/Illustration(Reuters) – Europe’s drugs regulator said on Friday it could not confirm if women and young adults were at a higher risk of rare blood clots with low platelets following vaccination with AstraZeneca’s COVID-19 vaccine […]

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Europe should temporarily suspend steel tariffs to help industry -Italy minister

FILE PHOTO: Italy’s Minister for Economic Development Giancarlo Giorgetti attends a debate at the Senate ahead of a confidence vote for the government, in Rome, Italy, February 17, 2021. Andrew Medichini/Pool via REUTERSSIENA, Italy (Reuters) – Europe should temporarily suspend its tariffs on imported steel to head off shortages and avoid harmful effects on industry, Italian Industry Minister Giancarlo Giorgetti […]

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