Paul Singer

52 results

In the US, the S&P 500 and the Dow slipped as a surge in coronavirus cases threatened to derail a fragile economic recovery. Photograph: Angela Weiss/AFP

European stocks ended higher on Friday, with the Stoxx 600 clocking its third straight week of gains as a jump in commodity-linked stocks helped to co(...)

Aryzta’s brands include Otis Spunkmeyer, La Brea Bakery bread and Cuisine de France pastries. Photograph: iStock

Aryzta’s new board is unlikely to pursue a sale of the embattled Swiss-Irish baked goods group to Elliott Management, after it emerged on Friday that (...)

Aryzta owns the Cuisine de France brand in Ireland and supplies internationally to the likes of McDonal’s, Subway and Lidl.

The board of Aryzta is at odds over whether to continue to entertain a potential takeover bid from a unit of US activist hedge fund group Elliott Mana(...)

Aryzta  CEO Gary McGann speaks during the company’s annual shareholder meeting in 2018.  File photo: Reuters/Arnd Wiegmann

Fund managers and analysts who dialled into Aryzta’s full-year results conference call on Tuesday to get a sense of whether a rapport was developing b(...)

Baked goods company Aryzta had been in sale talks with a US hedge fund, Elliott Management. Photograph: iStock

Aryzta’s new chairman said the baked goods group has received bid approaches for parts of the company since he was installed three weeks ago under a b(...)

Aryzta’s Irish directors are now all gone, including  chairman Gary McGann. Photograph: Alan Betson

Aryzta’s egm in Zurich on Wednesday was extraordinary in many ways. The disaffected shareholders (led by Swiss investor Veraison and including Spain-b(...)

The Swiss-Irish baked goods group, which owns the Cuisine de France and Otis Spunkmeyer labels, has been struggling to halt a decline in earnings, particularly in the US. Photograph: iStock

Embattled Irish-Swiss baked goods group Aryzta said its pick for chairman of the company, Andreas Schmid, had withdrawn his candidacy. “I had made my(...)

In New York, the S&P 500 fell in volatile trading as heavyweight tech-related stocks slipped after a sharp rebound in the previous session. Photograph: Richard Drew/AP Photo

Major European bourses closed lower on Thursday after the European Central Bank (ECB) kept its policy rates unchanged and said its existing stimulus (...)

Jack Dorsey, co-founder of Twitter and fin-tech firm Square. Photograph: Reuters/ Toby Melville

Does it matter who owns Twitter to people who use Twitter? The evidence for the first 14 years of its history would say it matters about as much as wh(...)

 ‘US markets halved in 2000-02 and again in 2007-09, but you have to go all the way back to the 1930s to find the last time stocks more than halved in value.’ Photograph: Eduardo Munoz Alvarez/Getty Images

Markets are doomed. Again. Warnings of looming Armageddon have become routine over the last decade, so it wasn’t surprising to hear another apocalypti(...)

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