1. Rolls-Royce's Activist Overhaul Could Stall

    Rolls-Royce's Activist Overhaul Could Stall

    Even an activist investor might struggle to rev Rolls-Royce’s engine. Shares in the U.K. aircraft engine manufacturer have been lifted by news in July that activist fund ValueAct Capital Management had taken a 5.4% stake in the company. The stock has been pummeled by a series of profit warnings over the past 18 months. The hope is that ValueAct...

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