Starboard Value, Beneficially Owning About 6.6% Of Shares Of Match, Sends Letter To Match Group
(RTTNews) - Starboard Value LP, which holds approximately 6.6% of the outstanding common shares of online dating service company Match Group, Inc. (MTCH), announced Tuesday it sent a letter to the Company's Chief Executive Officer, President & Chief Financial Officer, and Board of Directors regarding actionable opportunities for enhancing shareholder value.
In addition, the letter lays out Starboard's view that Match should explore a sale in the event the Company's leadership is unable to execute on the prescribed value-enhancing initiatives.
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U.S. Private Sector Employment Surges By 233,000 Jobs In October, Much More Than Expected
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. shot up by much more than anticipated in the month of October. ADP said private sector employment surged by 233,000 jobs in October after jumping by an upwardly revised 159,000 jobs in September. Economists had expected private sector employment to climb by 115,000 jobs.
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4 시간 18 분 전
U.S. Gross Domestic Product Jumps Less Than Expected In Q3
A report released by the Commerce Department on Wednesday showed U.S. economic growth unexpectedly slowed in the third quarter.
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4 시간 40 분 전
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note Wednesday morning, reacting to corporate earnings updates and key economic data from the U.S. Energy stocks may move up on firm crude oil prices.
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4 시간 40 분 전
German Economy Avoids Recession In Q3
The German economy avoided a technical recession in the third quarter, thanks to household and government consumption, preliminary estimate from Destatis showed Wednesday. Gross domestic product grew 0.2 percent from a quarter ago, confounding expectations for a contraction of 0.1 percent. However, the statistical office downwardly revised the fall for the second quarter to 0.3 percent from 0.1 p
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4 시간 57 분 전
U.S. Private Sector Employment Surges Much More Than Expected In October
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. shot up by much more than anticipated in the month of October.
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4 시간 58 분 전
Pound Falls Ahead Of U.K. Autumn Budget Statement
The British pound weakened against other major currencies in the European session on Wednesday, as traders await the U.K. budget declaration, where the Labour administration is anticipated to increase taxes and expenditure.
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5 시간 31 분 전
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Wednesday.
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5 시간 53 분 전
Euro Rises As German Economy Expands Unexpectedly
The euro strengthened against other major currencies in the European session on Wednesday, after the German economy expanded unexpected in the third quarter, underpinned by household and government consumption.
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6 시간 23 분 전
