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Nielsen's Stock Tumbles On Heavy Volume After Post Report Blackstone Has Lost Buyout Interest
Shares of Nielsen Holdings PLC sank 9.8% in active morning trade Thursday, after the New York Post reported that Blackstone Group L.P. had dropped its interest in buying the TV ratings company. Trading volume ballooned to 7.9 million shares, already more than double the full-day average of 3.5 million shares. The selloff put the stock on track for its lowest close since Jan. 3, and the biggest one-day drop since July 2018. The Post said Blackstone's decision comes after months ... Full investment news article
Relevent to this post: Apollo Global Management
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Trump Memorandum On Housing Reform – Valuewalk Premium
The housing finance system of the United States is in urgent need of reform. During the financial crisis of 2008, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) — collectively known as the Government-sponsored enterprises (GSEs) — suffered significant losses due to their structural flaws and lack of sufficient regulatory oversight. To prevent their failure, the GSEs received support from the Federal Government and were placed into conservatorship in September 2008. Full investment news article
Relevent to this post: Carl Icahn
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