The strategic reshuffling started in 2021, when NRG's $3.625 billion Direct Energy acquisition closed. NRG then sold most of its Northeast power generation fleet and closed four Midwest power plants, ...

Prime Capital, which rebranded last year, has brought on full-service RIA Sugarloaf Wealth Management’s offices in Duluth and Athens, Ga., marking its first foray into the state. The RIA will keep its ...

Arctos, via its Keystone strategy, which provides strategic partnership to leading financial sponsors, through bespoke growth capital and liquidity solutions, has underwritten 100 percent of the ...

BP shares are trading higher Monday after activist investment fund Elliot Management built a stake in the British oil company.

Loop Capital upgraded Aspen Technology (AZPN, Financials) to a buy rating, citing expectations of a higher takeover bid from ...

Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...

BP is under mounting pressure to break itself up and ditch its net zero projects after activist hedge fund Elliott built a ...

Tie-ups between traditional managers and private equity firms enable both to quickly tap retail investors. But the big ...

BP shares rose sharply after it was revealed that activist hedge fund Elliott Investment Management had taken a stake in the ...

The FTSE 100 index closed up 67.27 points, 0.8%, at 8,767.80. The FTSE 250 ended up 217.75 points, 1.1%, at 21,025.59, and the AIM All-Share closed up 0.8%, or 5.55 points, at 724.59.

The FTSE 100 index closed up 67.27 points, 0.8%, at 8,767.80. The FTSE 250 ended up 217.75 points, 1.1%, at 21,025.59, and the AIM All-Share closed up 0.8%, or 5.55 points, at 724.59.

BEST PRACTICES Wells Fargo Advisors, the bank’s brokerage unit, recruited a former UBS advisor team that oversaw $1.6 billion in assets under management, the company said. The team, Broadleaf Wealth ...