Wealth management platform Arax Investment Partners, backed by RedBird Capital, has acquired Cleveland-based GFP Private Wealth, a firm with $1.5 billion in assets under management led by CEO Carina Diamond, marking a strategic expansion in the competitive RIA consolidation landscape.
Disney Chairman James Gorman details the rigorous succession process that led to Josh D'Amaro's appointment as CEO, highlighting his strategic acumen, storytelling mastery, and adaptability in an era of rapid technological change.
As Crown Castle's shares languish near multi-year lows, a fundamental analysis suggests a significant disconnect. A discounted cash flow model points to a potential 33% undervaluation, while price-to-sales metrics also signal a gap. We examine the numbers behind the telecom REIT's slump and what it means for value-oriented investors.
Banco Santander's acquisition of Webster Financial, valued at $12.3 billion, is set to create a top-10 U.S. retail and commercial bank by assets and significantly bolster its deposit base in the key Northeast market, marking the largest bank deal of the year.
Amid ongoing sales challenges, Target names Michael Fiddelke as CEO and launches its most expansive spring beauty collection to date, signaling a strategic pivot aimed at winning back customers and investor confidence.
The fast-casual chicken chain appoints industry veteran Greg Levin as its new CEO, leveraging his two-decade track record of scaling BJ's Restaurants to fuel its own coast-to-coast growth ambitions.
Charter Communications' Spectrum is rolling out a trio of major initiatives—including guaranteed response times and a new hybrid Wi-Fi product—in a bid to stem the loss of hundreds of thousands of internet subscribers, as competition from fixed wireless and fiber intensifies.
As a key 2026 priority, the Financial Services Institute is pressing regulators for a contractor classification rule that protects the independent advisor model, while also targeting broader legislative and enforcement reforms.
Siemens Energy announces a major $1 billion investment to scale up U.S. manufacturing of grid equipment and gas turbines, aiming to create over 1,500 skilled jobs as electricity demand from data centers and AI soars.
Digital Currency Group CEO Barry Silbert views the recent sharp downturn in cryptocurrency markets not as a crisis, but as a necessary cleansing that will pave the way for the next major capital rotation. He reveals his conviction in Bitcoin, Ethereum, and a select few altcoins even as prices tumble.
At the FreightWaves F3 Festival, Echo Global Logistics' Christopher Clemmensen detailed how a shift to private ownership fuels long-term tech investment and a customer-driven strategy, helping shippers navigate trade shifts, labor shortages, and sustainability pressures.
Pfizer navigates a year of transition as declining COVID product sales and looming patent cliffs pressure revenue. The pharmaceutical giant is betting its future on a revitalized R&D strategy and newly acquired obesity assets from Metsera to drive growth beyond 2026.
Disney Chairman James Gorman reveals the board swiftly dismissed the idea of appointing co-CEOs, opting instead for a clear leadership structure with Josh D’Amaro as CEO and Dana Walden as President. Gorman, drawing from his Morgan Stanley experience, argues shared CEO roles are ‘generally pretty fraught’ despite rare successes.
Disney's board of directors has unanimously appointed Josh D’Amaro as the company's next CEO, with Dana Walden named President and Chief Creative Officer. Chairman James Gorman calls the succession plan a 'clean' and deliberate process, marking a strategic reset for the entertainment giant.
After two transformative decades, Disney CEO Bob Iger sets his retirement date, paving the way for Experiences division chief Josh D'Amaro to take the helm in 2026, as the entertainment giant navigates a pivotal transition.
Internal documents reveal Paramount+ is planning a major strategic shift, dubbed 'Project Eagle,' to aggressively compete with TikTok and YouTube by prioritizing short-form and user-generated content. The move echoes controversial changes at Instagram and Disney+, raising questions about subscriber backlash and platform identity in an increasingly homogenized streaming landscape.
Agricultural equipment manufacturer AGCO Corporation (NYSE:AGCO) declared a $0.29 per share dividend payable March 16, maintaining its shareholder returns strategy as earnings growth supports future distribution potential.
Despite a brutal market reaction to its leadership change, PayPal's massive cash reserves and aggressive share repurchase plan are drawing comparisons to successful corporate turnarounds, suggesting current weakness may be a long-term opportunity.
Ted Sarandos, Netflix's co-CEO, will testify before a Senate subcommittee on Tuesday, facing scrutiny over the streaming giant's proposed acquisition of Warner Bros. Discovery—a move that could reshape the competitive landscape of Hollywood.
The Rise Growth-backed RIA OnePoint BFG Wealth Partners has acquired Minneapolis-based Voyage Wealth Architects, a $700 million AUM firm previously affiliated with Northwestern Mutual. The deal marks a strategic homecoming for OnePoint's founders and further consolidates the firm's national footprint.
