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    1. Del Frisco's Buyout Deal Is a Bittersweet Activist Investor Victory

      Del Frisco's Buyout Deal Is a Bittersweet Activist Investor Victory

      Engaged Capital has developed quite a reputation as an effective activist investor. After successfully advocating for the sale of companies including Jamba Juice and Outerwall, the activist set its sights on steakhouse operator Del Frisco's (NASDAQ: DFRG) . In December 2018, Engaged Capital published a letter to Del Frisco's board of directors in which it disclosed a 9.9% ownership stake and advocated for the company to sell itself. The activist got what it wanted...

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    2. FirstGroup to Sell Greyhound as it Bows to Activist Investors

      FirstGroup to Sell Greyhound as it Bows to Activist Investors

      FirstGroup has announced it will break up its business, sell Greyhound, and possibly withdraw from UK rail, in the face of pressure from major shareholders . The Aberdeen-based transport group said it would spin off its profitable UK First Bus operations, as it announced surging revenues but still made a £97m pretax loss...

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    3. Is the Lowe's Turnaround Thesis Busted?

      Is the Lowe's Turnaround Thesis Busted?

      Activist investor Bill Ackman, who runs Pershing Square Holdings (LSE: PSH) , has a large stake in Lowe's (NYSE: LOW) . Along with fellow activist investor D.E. Shaw, Ackman shook up company management last year when he installed ex- J.C. Penney CEO Marvin Ellison at the helm, with the goal of improving operating metrics against better-performing rival Home Depot . Ellison took over at the home-improvement giant last July, but apparently, things are off to a rockier-than-anticipated start...

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    4. LionsGate is Still Interested in Selling Starz to CBS — Then Might Have to Merge with MGM to Stay Relevant

      LionsGate is Still Interested in Selling Starz to CBS — Then Might Have to Merge with MGM to Stay Relevant

      It's the great media paradox: while the amount of content expands, the number of traditional media companies keeps shrinking. CBS is expected to continue talks in the coming weeks with Lions Gate about buying Starz, the premium entertainment network LionsGate owns, according to people familiar with the matter...

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    5. SAP CEO Welcomes 'Fantastic' Activist Shareholder Elliott

      SAP CEO Welcomes 'Fantastic' Activist Shareholder Elliott

      (Reuters) - SAP CEO Bill McDermott on Tuesday welcomed a $1.3 billion (993 million pounds) investment by activist investor Elliott, saying the U.S. hedge fund group was aligned with his goal of expanding margins by driving top-line growth. "They have been a fantastic investor. I am very proud they have chosen SAP," McDermott told reporters on Tuesday at Sapphire Now, SAP's annual U.S. user conference in Orlando, Florida...

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    6. 'It Doesn't Look Good': Lawmakers Grill Bank CEOs on Lavish Pay

      'It Doesn't Look Good': Lawmakers Grill Bank CEOs on Lavish Pay

      The seven big bank CEOs who testified on Capitol Hill Wednesday morning are facing pressure over their lavish compensation. In an exchange between New York Democrat Nydia Velázquez and Citigroup CEO Michael Corbat, Velázquez asked Corbat to defend the fact that his $24.2 million yearly salary for 2018 was 486 times his own company’s median worker salary at $49,466. “I don’t think that’s fair for me to judge,” Corbat said...

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    7. Starboard Drops Dollar Tree Board Challenge

      Starboard Drops Dollar Tree Board Challenge

      (Reuters) - Activist investor Starboard Value LP said on Friday it was withdrawing its nominations for directors at Dollar Tree Inc's board, saying that it was pleased with the company's decision to test multiple price points at its stores. Starboard in January pushed for changes at the discount chain, seeking to capitalize on criticism from some investors and analysts that Dollar Tree should consider raising prices for some products to more than $1...

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    8. Can Activist Investors Clean House at Bed Bath & Beyond?

      Can Activist Investors Clean House at Bed Bath & Beyond?

      The usual modus operandi of the activist investor is simple: Locate a company that's being poorly run, figure out what it could be doing better to "unlock its value," and then leverage a stake in the company to convince management to try that strategy. Last week, three activist investing firms got together to take matters up a notch with Bed Bath & Beyond (NASDAQ: BBBY) . The opening step of their plan is to replace the CEO and the entire board of directors. The stock, in response, shot up 25%...

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    9. Bill to Ban Stock Buybacks Introduced

      Bill to Ban Stock Buybacks Introduced

      REUTERS Sen. Tammy Baldwin is the latest lawmaker to take aim at corporate buybacks. The Democratic senator from Wisconsin — and frequent critic of share repurchases— is introducing a bill to ban open-market stock buybacks. On Tuesday, Baldwin also released a report that examines the impact of stock buybacks on workers, companies and the economy. Baldwin and other Democratic senators will hold a hearing examining buybacks on Tuesday afternoon...

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      Mentions: SEC risk Wall Street
    10. Activist Investors Force Change In The Oil Industry

      Activist Investors Force Change In The Oil Industry

      The oil industry is kind of stuck between a rock and a hard place. Investors are growing impatient with even the largest oil companies, as the FT reported. In the short run, low oil prices, and the threat of higher U.S. shale supply, completely saps investor enthusiasm around the oil industry. But in the long-term, the prospect of peak oil demand is an even larger problem...

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    11. UK Investor Body to Apply Red Warning if a Company's Board Lacks Women

      UK Investor Body to Apply Red Warning if a Company's Board Lacks Women

      LONDON (Reuters) - Britain's top companies face a red warning if they don't have more than one woman on their board, the Investment Association said on Thursday, adding to pressure for more female representation at top levels of management. The body which represents big asset managers said it was expanding its traffic light system which guides big investors on whether a company is complying with best practice in areas of governance such as executive pay...

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    12. Daniel Loeb's Third Point exits Alibaba, Microsoft, and Netflix

      Daniel Loeb's Third Point exits Alibaba, Microsoft, and Netflix

      Activist investor Daniel S. Loeb's hedge fund $17 billion Third Point LLC exited its positions in Alibaba ( BABA ), Microsoft ( MSFT ), and Netflix ( NFLX ) during the fourth quarter, according to the fund's latest 13-f filing . During the quarter, Third Point sold its 1.25 million shares of Netflix, 4.1 million shares of Microsoft, and 4.045 million shares of Chinese e-commerce giant Alibaba, the filing shows...

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    13. Activist Funds Turn Attention to Banks as New Merger Wave Sets Up

      Activist Funds Turn Attention to Banks as New Merger Wave Sets Up

      Activists are circling the U.S. banking industry as lenders struggle to distinguish themselves amid increased competition. More Activist investors are turning their attention to the U.S. banking industry, which many see as ripe for a new merger wave as lenders struggle to distinguish themselves amid intensifying competition...

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    14. Cramer Calls on eBay to Work with Activist Investor Elliott Management

      Cramer Calls on eBay to Work with Activist Investor Elliott Management

      Elliott Management's recently announced $1.4 billion stake in eBay could create real value if eBay's leaders cooperate with the activist hedge fund, CNBC's Jim Cramer said Friday. "The guys at Elliott have some great ideas that could potentially make shareholders a lot of money. At the same time, eBay's management team is a lot better than you might think if you were only looking at the stock's recent performance," he said on "Mad Money."...

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    1-24 of 44 1 2 »
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