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December 5, 2025
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Fidelity National agrees to review, adds director after D.E. Shaw pressure

The Cheap Investor3 years ago3 years ago03 mins

By Svea Herbst-Bayliss NEW YORK (Reuters) -Fidelity National Information Services on Thursday said it will undertake a strategic review and add a new director to its board after pressure from hedge fund D.E. Shaw Group. FIS also said it would speed up management changes, with Stephanie Ferris, who was scheduled to become CEO in January,…

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Tesla shares fall as investors bash Musk’s Twitter focus

The Cheap Investor3 years ago3 years ago02 mins

By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla shares extended declines to hit their lowest level in more than two years on Wednesday, as investors including a “fanboy” of CEO Elon Musk lashed out at Musk’s distraction from the electric car company following his buy of Twitter. Shares of Tesla, the world’s most valuable carmaker,…

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