1. Articles from Tonya Garcia

    1-8 of 8
    1. L Brands Will See a Boost by taking Victoria’s Secret Private, but Bank of America Wanted a ‘Clean Break’

      L Brands Will See a Boost by taking Victoria’s Secret Private, but Bank of America Wanted a ‘Clean Break’

      Victoria’s Secret has been taken private, which Bank of America says will leave L Brands Inc. on much stronger footing with a stand-alone Bath & Body Works. Calling the beauty chain “one of the best growth stories in retail,” Bank of America analysts led by Lorraine Hutchinson reiterated their buy stock rating for L Brands and the $30 price objective...

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    2. Bed Bath & Beyond's CEO 'steps down'

      Bed Bath & Beyond's CEO 'steps down'

      Bed Bath & Beyond Inc. BBBY, -1.93% said in a Monday announcement that Chief Executive Steven Temares is stepping down from his position and resigning from the board. He has been part of the company leadership since the company went public in 1992 and has been CEO since 2003. Mary Winston, a recent addition to the home retailer's board, has been appointed interim CEO. A committee will bring on an executive search firm to name a permanent replacement...

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      Mentions: Leadership AMP emails
    3. E.l.f. Beauty Shares Jump 6% After Activist letter Asks for Re-Evaluation at the Stockholders Agreement

      E.l.f. Beauty Shares Jump 6% After Activist letter Asks for Re-Evaluation at the Stockholders Agreement

      E.l.f. Beauty Inc. ELF, +3.76% shares jumped 6.2% in Friday premarket trading after the company received a letter from activist investors Marathon Partners Equity Management LLC requesting, among other things, a re-evaluation of the shareholders agreement. "We believe the board has been overly accommodative to the interests of TPG on several levels, and this stance has harmed the independent public shareholders of e.l.f.," Marathon's letter said...

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    4. Dollar Tree Would Lose Money if it Tried to Sell Family Dollar as Starboard is Pushing

      Dollar Tree Would Lose Money if it Tried to Sell Family Dollar as Starboard is Pushing

      Dollar Tree has few options to deal with its Family Dollar problems. If Dollar Tree Inc. were to sell Family Dollar, it would be “fortunate” to get two-thirds of the $9 billion paid for the rival chain, according to Raymond James analysts. Activist investor Starboard Value LLP has taken a 1.7% stake in the company and is making demands for board seats and changes to the company, including a possible sale of Family Dollar...

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      Mentions: acquisition Sale UBS
    5. Dollar Tree Shares Rise After Activist Investor Takes a Stake, Makes Nominations for the Board

      Dollar Tree Shares Rise After Activist Investor Takes a Stake, Makes Nominations for the Board

      Dollar Tree Inc. DLTR, +2.35% shares rose 3.2% in Monday premarket trading after Starboard Value LP announced its nominations for the retailer's board. Starboard has taken a 1.7% stake in Dollar Tree, valued at about $370 million, and is seeking a majority stake in the 12-person board, according to The Wall Street Journal...

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    6. Papa John’s Will Likely Be Sold in the Next Year, Analyst Says

      Papa John’s Will Likely Be Sold in the Next Year, Analyst Says

      Embattled pizza chain Papa John’s International Inc. will probably be bought out in the next year, forecasts Kalinowski Equity Research President Mark Kalinowski. The Wall Street Journal reported Monday that Trian Fund Management LP is assessing a possible takeover bid , sending shares surging in after-hours trading. Shares closed Tuesday up nearly 9%...

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    7. CEO Average Pay Climbed More Than $1 Million in 2016

      CEO Average Pay Climbed More Than $1 Million in 2016

      Executive compensation rose in 2016 after modest gains in 2015 Chief-executive salaries are back on the rise, according to the latest data from Equilar, which provides data on executive pay, corporate governance, board recruiting and other public company information. Total compensation for CEOs included in the annual Equilar 100 rose a median of 6% for fiscal 2016, with median pay reaching $15.0 million. Average pay was $16.6 million, up from $15.5 million last year...

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    8. MillerCoors Board Names Gavin Hattersley CEO

      MillerCoors Board Names Gavin Hattersley CEO

      The MillerCoors board of directors has named Gavin Hattersley chief executive officer, effective immediately. Hattersley, who is the chief financial officer of Molson Coors, has been serving in the role on an interim basis since July 1. He succeeds Tom Long, who retired June 30. MillerCoors is a joint venture between SABMiller plc, a beer and soft drinks company traded on the London Stock ...

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    1-8 of 8
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    MillerCoors Board Names Gavin Hattersley CEO CEO Average Pay Climbed More Than $1 Million in 2016 Papa John’s Will Likely Be Sold in the Next Year, Analyst Says Dollar Tree Shares Rise After Activist Investor Takes a Stake, Makes Nominations for the Board Dollar Tree Would Lose Money if it Tried to Sell Family Dollar as Starboard is Pushing E.l.f. Beauty Shares Jump 6% After Activist letter Asks for Re-Evaluation at the Stockholders Agreement Bed Bath & Beyond's CEO 'steps down' L Brands Will See a Boost by taking Victoria’s Secret Private, but Bank of America Wanted a ‘Clean Break’ Wetherspoon Boss Martin Ramps Up Non-Exec Director Row With Fidelity AnaptysBio Announces Appointment of Daniel Faga to Board of Directors Omicron’s Impact On The Board/Management Dynamic Department of Defense Appoints Herman Bulls to Defense Policy Board