The billionaire investor Mr. Ackman's Pershing Square Capital Management was one of the largest stock holders of Valeant Pharmaceuticals. Ackman has perceptively made his position in Valeant far more important by raising its stake from 5.7% to 9.9% recently. Now, Pershing is the second largest shareholder in Valeant followed by Sequoia Fund led by Ruane, Goldfarb and Cuniff.
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Alibaba's Jack Ma eyes South China Morning Post
Alibaba founder Jack Ma is planning to venture into the publishing sector as news circulated that the e-commerce tycoon will be buying some stake in Hong Kong's South China Morning Post.
Britain Expand Its Military Spending In Defense Against Islamic State
Amidst a growing threat from Islamic State terrorism, Britain strengthen its defense by spending more budget on defense and security. According to CNN, Britain will beef up its security by purchasing nine new Boeing P8 maritime patrol aircraft for surveillance and anti-submarine warfare,with additional spending of £12 billion ($18 billion).
Carl Icahn picks 7.13% in Xerox, says it's undervalued
Billionaire investor Carl Icahn has bought 7.13 percent stake in Xerox Corp. Carl Icahn's statement terming the shares of Xerox are undervalued has triggered the price rise in stock. The stake sale will pave the way for strategic changes at Xerox Corp. Icahn will represent on Xerox's board and is expected to take up enhancing of operational performance.
Audi admits Volkswagen Installed Defeat Device in 85,000 more cars
Audi admitted that there are some 85,000 more Volkswagen cars with illegal defeat devices that can disable emissions control functions. According to Digital Trends, the vehicles are U.S.-spec cars with 3.0-liter TDI V6 engine, which are typically under the hoods of Audi models like the A6, A7, A8, Q5, and Q7.
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The upcoming Dec. 13th installment of Quantico will mark a game-changing event for Quantico as it will finally reveal the identity of the terrorist who bombed Grand Central. In other developments, the series has added three new actors to play the characters of NAT recruits.
After the shocking season 1 finale when the killer was revealed, main character Emma Duval will be much stronger knowing that the killer’s accomplice got away. The accomplice, as rumor has it, is Audrey Jensen. Meanwhile, no specific confirmation yet on the show’s release date.
Gran Turismo might be hitting the shelves in 2017. Game developer clarifies Gran Turismo 7 is a standalone game.
'The Blacklist' Season 3 Returns for Episode 9 Jan. 7th; EP Jon Bokenkamp Teases Liz' Possible Death
Showrunner Jon Bokenkamp revealed some details about Liz's rescue in 'The Blacklist' Season 3. Moreover, the episode 9 official plot and mid-season finale episode recap has been noted.
‘Indiana Jones 5’ in an upcoming adventure film that may feature another collaboration between director Steven Spielberg and leading man Harrison Ford. The sequel remains a priority at Disney and was confirmed to be line-up in the production schedule.
‘John Wick 2’ leading actor Keanu Reeves is seen filming for the sequel in New York with his new dog friend. Several photographs as well as behind-the-scenes footage have been released. Chad Stahelski returns to direct Reeves in the action-thriller follow-up.
Jessy Schram will play the character of Cash Gray in 'Nashville' Season 4. On the other hand, Scarlett finally found some time off from her hectic schedule. With that being said, she planned to go to Nashville to see her boyfriend Caleb.
Hugh Jackman's last outing as the seemingly immortal mutant in Wolverine 3 is currently in the works. Meanwhile, new plot speculations surrounding the film suggest possible introduction of several characters into the franchise. He also revealed who he thinks would be a suitable Wolverine after he steps away.
‘Transformers 5’ will not be penned by writers’ room head writer Akiva Goldsman as he is tasked at supervising two new adaptations ‘G.I. Joe’ and ‘Micronauts’. Hasbro recently unveiled the sequel’s new logo, known as a placeholder. The franchise is revealed to have multiple sequels, television shows and spinoffs as well.
