The S&P 500 SPX closed down 0.9% on Friday, leaving the U.S. large-cap stock index with a loss this week of 0.2%, according to Dow Jones Market Data. The S&P 500 snapped a three-day winning streak and ...

Two more Southwest Airlines board members will step down in April, finishing an overhaul in the company’s oversight group ...

American Greetings, the second-largest U.S. greeting card company, has a new majority owner. Learn about other Northeast Ohio M&A deals this week.

Merger-arbitrage traders are piling into bets that the emergence of Elliott Investment Management as an investor in Aspen ...

Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $1.5 billion in Aspen Technology, Inc. (NASDAQ: AZPN) (the "Company" or "AspenTech"), ...

Elliott Investment Management has emerged as the largest minority investor in industrial-software company Aspen Technology ...

HONEYWELL is splitting into three independently listed companies, breaking up one of America's last standing conglomerates just months after activist investor Elliott Management took a $5-billion ...

Activist investor Elliott Management said on Friday it has invested more than $1.5 billion in Aspen Technology, opposing the company's decision to accept Emerson Electric's $7.2 billion tender offer.

Citi has downgraded Nike Inc.'s stock to neutral from buy, citing the challenges facing the sneaker maker as it attempts to get back on track.