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-0.000714489854244029 -0.0005001428979708 0.000285795941697571 0.00350100028579601 0.00242926550442986 0.00242926550442986 0.00242926550442986 0.00242926550442986
Stock impact report

UPDATE 1-Coronavirus hurts corporate activism now, but rebound expected [Reuters (UK)]

Hilton Worldwide Holdings Inc. (HLT) 
Last hilton worldwide holdings inc. earnings: 2/11 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.hilton.com
Company Research Source: Reuters
Coronavirus hurts corporate activism now, but rebound expected - Reuters 3 Min Read BOSTON (Reuters) - Activist shareholders are likely to scale back campaigns in the coming weeks as target companies brace for a deep recession and their favorite calls for change - ranging from mergers to returning cash - are ignored during the coronavirus pandemic. At year’s end there may be a rebound when activists ranging from Elliott Management to Third Point to Pershing Square Capital Management have capital to spend and companies need help to perform better, according to data released on Thursday by investment bank Lazard. The year started on a strong note with firms committing billions to push for change at 42 companies in January and February. The pace fell 38% in March from February with only 16 campaigns launched. As new campaigns nearly ground to a halt in March, the amount of money put to work was the smallest since 2016. “We saw COVID-19’s impact on activism show up in March,” said Jim Ros Show less Read more
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