Mantle Ridge owns $1 billion stake at a time new CEO is trying to turn around Cognizant's fortunes and the IT sector faces a ...
Monday closed down -2.70%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -2.08%, and the Nasdaq 100 Index ($IUXX) ...
Shares in Cognizant Technology Solutions rose 4% Monday after The Wall Street Journal reported late Friday that activist ...
Stock futures and bond yields fell early on Monday after President Trump did not rule out the possibility that his policies would cause a recession and data showed deflationary pressures building in ...
America has benefited from rising European spending, though President Trump's move to curb support for Ukraine is raising concerns about future purchases. The two fast food stocks have surged this ...
According to The Wall Street Journal, activist investor Mantle Ridge has built a $1 billion+ stake in Cognizant Technology Solutions (CTSH), ...
Activist investor Mantle Ridge builds $1 billion stake in Cognizant, believes shares undervalued, engages privately for ...
Mantle Ridge, led by American founder and CEO Paul Hilal, began purchasing Cognizant shares in the second half of 2022 when ...
Shares of the company, whose market capitalization stands at more than $41 billion, rose over 5% in extended trading.
Mantle Ridge started buying up shares of the company in the second half of 2022, when the stock was trading in the high $50 to low $60 per-share range, the report added. The activist firm has been ...
Activist investor Mantle Ridge has built a stake of more than $1 billion in the technology services firm Cognizant Technology ...
Mineralys Therapeutics said it plans to release data from two recent trials involving lorundrostat, a drug the biopharmaceutical company is developing as a treatment for high blood pressure. Shares ...