HomeStreet defeats activist Roaring Blue Lion in proxy contest

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HomeStreet defeats activist Roaring Blue Lion in proxy contest

HomeStreet Inc defeated Roaring Blue Lion Capital Management's campaign to unseat one director and install its own candidate, ending a two-year standoff between the financial services company and the activist investor, the company said on Thursday.

Highfields spinoff Solel Partners to start trading later this year

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DoubleLine's Gundlach says Fed's 'pivot' is following bond market's lead

Jeffrey Gundlach, chief executive of DoubleLine Capital and the most widely followed bond investor, said the Federal Reserve's dovish turn in its policy statement on Wednesday took its lead from the bond market.

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Wells Fargo parent is dismissed from lawsuit by Philadelphia, Baltimore

Wells Fargo & Co was dismissed as a defendant in a lawsuit brought by the cities of Philadelphia and Baltimore, which accused large banks of conspiring to inflate interest rates for variable-rate demand obligations (VRDO), a type of tax-exempt bond.

Investor Litt says Hudson's Bay worth double chairman's C$1.74 billion bid

Activist shareholder Jonathan Litt lambasted a C$1.74 billion bid to take Canadian retailer Hudson's Bay Co private as "woefully inadequate" on Tuesday, saying the chairman-led shareholder group looking to push through a deal could double the offer.

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