Tag: $5.7

27 AUG

‘Crazy Rich Asians’ Drops Only 5.7% in Second Weekend Box Office, ‘Happytime Murders’ Gets Killed

After topping the box office last weekend, Crazy Rich Asians has achieved quite the feat in its sophomore run in theaters. Box office reports coming in have Crazy Rich Asians dropping a mere 5.7% this past weekend with another $ 25 million coming in for the romantic comedy from director Jon M. Chu. Meanwhile, the […]

30 JUL

Billionaire Dan Loeb is betting big on $5.7 trillion fund giant BlackRock (BLK)

Getty Images/ Larry Busacca Dan Loeb’s Third Point hedge fund is betting big on BlackRock, the world’s largest asset manager. In a client letter dated July 26 explaining its stock investment, Third Point said: “We think BlackRock is a misunderstood franchise that is just beginning to inflect.” Here’s an excerpt from the letter (emphasis added): “We […]