1. 1-24 of 299 1 2 3 4 ... 11 12 13 »
    1. It's Time for a New Broom to Sweep Clean General Electric, Jim Cramer Warns

      It's Time for a New Broom to Sweep Clean General Electric, Jim Cramer Warns

      It's time for change at General Electric ( GE ) , according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer. "GE, right now, reflects a 15 cent cut in the quarterly dividend," Cramer said, referring to investors' fears that GE may reduce its dividend in an effort to turnaround the company. Earlier this month, GE announced the departures of a host of executives, including its chief financial officer and vice chairman...

      Read Full Article
    2. Pershing Square's Nominees For ADP's Transformation To Participate In A Fireside Chat

      Pershing Square's Nominees For ADP's Transformation To Participate In A Fireside Chat

      Pershing Square Capital Management, L.P. ("Pershing Square") today announced that Pershing Square CEO Bill Ackman, Veronica Hagen and Paul Unruh ("The Nominees for ADP's Transformation") will participate in a fireside chat hosted and moderated by Sanford C. Bernstein & Co. ("Bernstein")...

      Read Full Article
    3. With an Activist Hovering, Embattled Ruby Tuesday Sells to NRD for $335 Million

      With an Activist Hovering, Embattled Ruby Tuesday Sells to NRD for $335 Million

      Under pressure from Engaged Capital's Glenn Welling, Ruby Tuesday Inc. (RT) on Monday agreed to sell itself to private equity firm NRD Capital for about $335 million. Under the terms of the deal, NRD agreed to buy Ruby Tuesday's stock for $2.40 a share in cash or $335 million, excluding transaction expenses. The purchase price is about 37% over Ruby Tuesday's closing price on March 13, the day before the restaurant chain announced it was evaluating strategic alternatives...

      Read Full Article
    4. What Would Really Happen If Nelson Peltz Wins His Procter & Gamble (PG) Boardroom Battle

      What Would Really Happen If Nelson Peltz Wins His Procter & Gamble (PG) Boardroom Battle

      The biggest boardroom battle in the history of U.S. director election contests is set to take place in less than a week with activist investor Nelson Peltz seeking a seat on the board of packaged goods company Procter & Gamble ( PG ) . At the center of the dispute is the activist investor's assertion that P&G suffers from " suffocating bureaucracy " and should be restructured into three global business units rather than the four it has now...

      Read Full Article
    5. P&G (PG) CEO Slams Activist Nelson Peltz, Says He Would 'Change Soul' of Company

      P&G (PG) CEO Slams Activist Nelson Peltz, Says He Would 'Change Soul' of Company

      The deadline for Proctor and Gamble ( PG ) shareholders to vote is drawing ever-closer, and P&G CEO David Taylor has made one last plea to all shareholders to vote to reject the restructuring proposed by activist investor Nelson Peltz. Peltz's fund, Trian Fund Managment which maintains a significant stake in P&G, is urging investors to shake up the consumer goods conglomerate and boost the value of shares. But, Taylor could not disagree more with that view...

      Read Full Article
    6. Nelson Peltz Has Unleashed a 'Rallying Cry' Inside Procter & Gamble: CEO

      Nelson Peltz Has Unleashed a 'Rallying Cry' Inside Procter & Gamble: CEO

      Well-known activist investor Nelson Peltz might have already accomplished one thing so far at Procter & Gamble ( PG ) . "This [event] has been a rallying cry for inside the company to deliver outstanding, sustained top and bottom line results," P&G chairman and CEO David Taylor told TheStreet in an interview. Peltz has pushed for a seat on the P&G board and proposed broad changes including a company restructuring into three global business units in a months-long proxy battle...

      Read Full Article
    7. Procter & Gamble CEO Explains Why Activist Peltz Isn't Good for Its Board

      Procter & Gamble CEO Explains Why Activist Peltz Isn't Good for Its Board

      Not a day seems to go by now without Procter & Gamble ( PG ) being in the news. But Twitter feeds aren't necessarily lighting up with a discussion on an innovative new P&G product, it's people commenting on storied P&G's increasingly ugly battle with activist investor Nelson Peltz of Trian Partners. Peltz has pushed for a seat on the P&G board and proposed broad changes including a company restructuring into three global business units in a months-long proxy battle...

      Read Full Article
    8. Here's How Bill Ackman Is Trying to Appeal to Big Investors In ADP Battle

      Here's How Bill Ackman Is Trying to Appeal to Big Investors In ADP Battle

      Embattled billionaire activist Bill Ackman late Friday appealed to institutional investors in his boardroom battle at Automatic Data Processing ( ADP ) by urging the payroll processor to set up an election system giving shareholders more flexibility to pick among dissident director candidates and incumbent board members...

      Read Full Article
    9. Tenet Healthcare Stock Surges in After-Hours on Reports of Potential Sale

      Tenet Healthcare Stock Surges in After-Hours on Reports of Potential Sale

      Shares of the Dallas-based healthcare services company Tenet Healthcare ( THC ) were climbing over 14% in after-hours trading after Dow Jones reported that the company is exploring options related to its future, including the possible sale of the company. Tenet announced last month that it would replace chairman and CEO Trevor Fetter as director and CEO amid pressure from Glenview Capital Management, an activist investor who owns a 17.8% stake in the company...

      Read Full Article
      Mentions: Management CEO Dow
    10. Institutional And Retail Investors Vote Differently On Climate Change And Board Diversity, Broadridge And PwC Report Shows

      Institutional And Retail Investors Vote Differently On Climate Change And Board Diversity, Broadridge And PwC Report Shows

      NEW YORK , Sept. 13, 2017 /PRNewswire/ -- The new ProxyPulse™ report released today by Broadridge Financial Solutions, Inc. (NYSE: BR) and PwC's Governance Insights Center shows that institutional and retail investors tended to vote their shares differently on issues ranging from climate change to board diversity. During the 2017 proxy season, climate change proposals were supported by 66% of institutional shares voted versus only 13% of retail shares...

      Read Full Article
    11. Activist Seeks UGG-Boots Maker Board Takeover After No Sale Emerges

      Activist Seeks UGG-Boots Maker Board Takeover After No Sale Emerges

      Activist investor Mick McGuire on Wednesday escalated his battle with UGG-boot maker Deckers Outdoors Corp. ( DECK ) by nominating a change of control dissident slate of ten director candidates to the company's board in a move that he hopes will help drive an auction process. "While we appreciate that the company is undergoing a strategic review and we are eagerly awaiting the results of that process, we continue to believe that Deckers lacks proper oversight," McGuire said in a statement...

      Read Full Article
    12. Boards Think Tax Reform Is Coming Under Trump, Just Not This Year

      Boards Think Tax Reform Is Coming Under Trump, Just Not This Year

      Treasury Secretary Steven Mnuchin said on Tuesday that an overhaul of the U.S. tax system will happen this year, and while a new report reveals that most public company directors are "rooting" for tax reform, nearly a quarter of board members surveyed say it won't happen in 2017. The 2017 BDO Board Survey found that 78% of public company directors anticipate that tax reform will be achieved during President Donald Trump's current four-year term...

      Read Full Article
    13. DowDupont Sets Restructuring Just Weeks After Forming

      DowDupont Sets Restructuring Just Weeks After Forming

      In a move that seems to appease Dan Loeb's Third Point LLC DowDupont Inc. ( DWDP ) is reportedly retooling their three-way break-up following the $150 billion merger the companies completed just a short while ago. The company is shifting assets with about $8 billion in revenue and $2.4 billion in Ebitda from the materials spinoff, to the specialty chemicals unit, in a move that will allow the two separate companies to focus on different customers, according to a company statement...

      Read Full Article
      Mentions: Management CEO Dow
    1-24 of 299 1 2 3 4 ... 11 12 13 »
  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content