Sentences with phrase «as activist investors»

As activist investors push for board diversity and even pay equity, new pay equity laws bring severe consequences for non-compliance.
That goal has come to the fore in some high - profile cases of late as activist investors have demanded that executives share the wealth — or risk being unseated.
As an activist investor, Ackman frequently gives advice, sometimes unsolicited, to chief executives.
The fact that I can make so much money as an activist investor shows that something's wrong with governance in most of corporate America.
Niblock, 55, is stepping aside as activist investor D.E. Shaw & Co. pushes Lowe's to match growth at Home Depot.
Mark - Viverito previously penned a letter to the F.T.C. criticizing Herbalife, which came as activist investor Bill Ackman was organizing a public effort against the company.
Last week, I published a surprisingly popular post: I identified myself as an activist investor, rather than necessarily a value investor (or, heaven forbid, a growth investor!).
Jaguar is known in Canada as an activist investor and has launched a number of proxy contests and take - over bids to unlock value at Canadian companies.
It's also why I'd describe myself as an activist investor — which has very little to do with actual activism.
Then 27 years old, he was in his first campaign as an activist investor, trying to wrest control of a small company named InfuSystem (INFU), which provides and services pumps used in chemotherapy.
In chapter one the groundwork is laid by describing how Carl Icahn evolved as an activist investor.
I mostly mention it here as Ron Brierley, its founder, probably has had one of the longest careers globally as an activist investor.

Not exact matches

«But in fact, the new «activist» investors pushed for seats on boards and pressured management into policies that were viewed as more «shareholder - friendly» — meaning friendlier to short - term investors — including increasing dividends and buyouts.»
Jim Cramer says investors shouldn't own the stock of Newell Brands as the company falls under increasing pressure from activist investors.
Activist investors in both Canada and the US recently proposed — for Hess Corporation and Agrium Inc. — that their nominees to serve as independent directors on the companies» boards should receive incentive pay directly from the activist investors themselves, with the amount that tied to share price appreActivist investors in both Canada and the US recently proposed — for Hess Corporation and Agrium Inc. — that their nominees to serve as independent directors on the companies» boards should receive incentive pay directly from the activist investors themselves, with the amount that tied to share price appreactivist investors themselves, with the amount that tied to share price appreciation.
Activist hedge fund investor and recent Valeant Pharmaceuticals (vrx) board appointee Bill Ackman on Wednesday slammed the company's steep drug price hikes in testimony before the U.S. Senate Special Committee on Aging, going so far as to say the cost bumps «contributed to healthcare inflation and called into question the company's commitment to the patients it serves.»
He points to activist investors as a particular thorn in the side of management, forcing it to focus on quarter - to - quarter earnings and giving up board seats instead of investing in research and development.
In after - hours trading on Tuesday, Panera's shares rose about 4 %, while Buffalo's grew 5.3 %, as that stock continues to benefit from a jolt in the wake of interest from an activist investor.
The company has been a fancy of activist investors such as Pershing Square's William Ackman, who sold the stake after spending 18 months trying to repair the company and suffering more than $ 3 billion in losses.
Spun off from DuPont (dd) in summer 2015 amid pressure from activist investor Nelson Peltz, specialty chemical company Chemours arrives to the Fortune 500 after its first full year as a standalone company.
Costs are both financial, including listing fees and the expenses associated with mandatory disclosures and other regulatory requirements, and less tangible, such as the perceived burden of quarterly earnings releases, the risk of being targeted by activist investors, and higher visibility that can result in political or competitive pressure.
Activist investor Bill Ackman, of the hedge fund Pershing Square, has famously been linked to Herbalife (HLF) for years as its most vocal critic: he has shorted the stock and accused the company of operating a pyramid scheme.
It helps explain the stock's recent tear, as does the market's rollicking January, and the fact that, as we'll see, activist investor Bill Ackman has been agitating for change.
Shortly after Elliott's investment in TIM became known, state lender CDP bought a 4.8 percent stake, a move seen as political endorsement of the activist investor.
Activist investor William Ackman's drive to draft Hunter Harrison to run the railway has serious momentum, despite the obstacles — such as an incumbent CEO.
CEO Marissa Mayer will also give details of how the company is evaluating possible acquisitions as it faces pressure from an activist investor.
As if Nooyi wasn't facing enough pressure, she soon had to contend with a major activist investor: Nelson Peltz, who took a stake in the company and began agitating for PepsiCo to undo its merger of Pepsi and Frito - Lay, just as Kraft (KRFT) had spun off Mondelez after a similar campaign by PeltAs if Nooyi wasn't facing enough pressure, she soon had to contend with a major activist investor: Nelson Peltz, who took a stake in the company and began agitating for PepsiCo to undo its merger of Pepsi and Frito - Lay, just as Kraft (KRFT) had spun off Mondelez after a similar campaign by Peltas Kraft (KRFT) had spun off Mondelez after a similar campaign by Peltz.
Bryant's departure follows a pattern that we've now seen repeated in the industry: Longtime CEOs are stepping aside as they battle activist investors, the pressure to implement the 3G - backed Kraft Heinz model of cost cutting, consumers eschewing their processed products, and pressure to slash their prices from retailers fending off Amazon (amzn).
As the drama between Dell and activist investor Carl Icahn has subsided, the computer company has a new problem on its hands: cat urine.
Elliott had originally invested in the obscure financial stock as part of an arbitrage trade, but when a colleague saw that the company was laying groundwork to shield itself from activist investors, he went across the hall to Cohn for the first time.
That put him on the opposite side of the table from activist investor Carl Icahn, who turned into Herbalife's largest shareholder even as Ackman mounted a campaign against the company.
Activist investors are actually doing something good for the companies they target, the economy as a whole, and quite probably your portfolio.
Among the others who could be out big bucks are the funds of John Paulson, who made billions betting against the housing market, and activist investor Jeff Ubben, whose ValueAct fund had been selling shares of Valeant this year but still owned nearly 15 million shares of the company as of the middle of 2015.
Camber Capital Management, a hedge fund with an activist history, has purchased 5.7 million shares of Tenet Healthcare Corp., or a 5.7 % stake in the money - losing hospital chain.The emergence of Camber was disclosed Monday, just three days after Tenet's largest shareholder, Glenview Capital Management, resigned two Tenet board seats, citing irreconcilable differences with management and the board.Glenview Capital, which owns an 18 % stake in Tenet, gave notice Friday that it would no longer participate in a stand - still agreement that had prevented it from launching a proxy fight for control of the company.Tenet investors welcomed the Camber disclosure Monday, driving up Tenet's stock price to $ 2.18, or 15 %, to $ 16.63 as of 12:30 p.m. ET.Tenet is the nation's third - largest investor - owned
And activists, once the black sheep of the investment world, are now accepted as regular, if meddlesome, investors.
Among the topics on the agenda: the evolution of shareholder activism and research findings about activist funds» returns, the amended Shareholder Rights Directive (EU) 2017/828, litigation and its effectiveness as tool for activist investors, and what can an issuer do to adequately address activists» new challenges.
With many categories of institutional investors thus eliminated as potential activists, we are left mainly with union and state and local pension funds, which in fact generally have been the most active institutions with respect to corporate governance issues.
[W] hile there is considerable evidence for the proposition that activist shareholders can profit through private rent seeking, there is little evidence that activism has benefits for investors as a class.
Management Corporate Boards Led by investors such as Carl Icahn, Bill Ackman and Jeff Smith, and targeting companies from DuPont to PepsiCo, campaigns by activist investors have become a common occurrence in the United States in the past few decades.
The activist investor holds large stakes in companies such as Swiss power transmission and industrial automation firm ABB, Swedish truck maker Volvo and German industrial group Thyssenkrupp.
While it's unlikely the North Korean leader wants to become a new kind of activist investor — despite the generous compensation — the hacking of Sony reignites the issue of whether the Japanese conglomerate should spin off its entertainment unit as Loeb's Third Point suggested.
At Corpgov.net, corporate governance advocate James McRitchie quoted Gallagher as stating, «Activist investors and corporate gadflies have used these loose rules to hijack the shareholder proposal system.»
Having an activist investor on the board to help bring in some fresh thinking seems like a positive as well.
It comes as activist AWE shareholder James Dunphy has urged investors in AWE to ignore the board's recommendation to accept Mitsui's bid.
The agreement, filed with the Securities and Exchange Commission Friday, comes days after Ackman resigned from Penney's board as part of a deal to resolve an unusually public battle between the activist investor and the struggling department store.
This government has consistently touted the Investor Court System in CETA as a progressive alternative to ISDS, but both academics and civl society activists have noted that it does little to address the problems with ISDS.
In December, the company removed Co-Chief Executive Monty Moran and returned Steve Ells as sole CEO following pressure from activist investors including Ackman.
Mackey nonetheless has some harsh words for Jana Partners, the activist investor that pressure him to shake up his company, referring to them in the Texas Monthly interview as «greedy bastards» who wanted to make money from a forced sale.
Driven by increasing mergers - and - acquisitions volume, as well as activist trends, investors allocated roughly $ 15.7 billion to event - driven hedge funds in the first half of 2014, with the activist - only component garnering $ 9.4 billion.
While SB 2206 does not cover proxy advisors, and would not treat an activist investor's failure to comply as a misdemeanor, it would nonetheless implement the same burdensome disclosure regime on investors.
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