IBT Staff Reporter

20041-20070 (out of 154954)

Activist Firm Trian Cuts Holdings In P&G, Mondelez -filing

Trian Fund Management, the activist investment firm run by Nelson Peltz, said in a regulatory filing on Monday it has slashed holdings in consumer staples giants Procter & Gamble Co and Mondelez International Inc by more than 90% each.

Banco Do Brasil Sees 2022 Profit Up 24%

Brazilian state-controlled lender Banco do Brasil SA said in a filing on Monday that its 2022 net income is likely to rise by up to 23.7% from last year, despite a slower loan book growth.

D.C., Maryland Join Others In Easing COVID Restrictions

Washington, D.C. will no longer require people show proof of COVID-19 vaccination to enter many businesses beginning on Tuesday, its mayor said, joining a slew of local leaders who are dialing back pandemic restrictions as the Omicron wave ebbs.

Some Big Investors Loaded Up On Peloton As Stock Tumbled

Peloton Interactive Inc's stock price tumbled more than 50% in the last three months of 2021 but several prominent investment firms were so sure the at-home fitness company could regain its footing that they bought new or added to existing positions.

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