Sentences with phrase «of activist investors on»

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TORONTO, May 2 - Canadian energy producer Crescent Point Energy Corp is poised to win support for its director nominees based on a preliminary counting of votes, shrugging off opposition from activist investor Cation Capital, sources familiar with the matter told Reuters on Wednesday.

MILAN, April 23 - A judge ruled in favor of an appeal by Telecom Italia and its leading investor Vivendi to block a vote on some board director replacements proposed by activist fund Elliott at an April 24 shareholders meeting, a court document showed.

Carl Icahn: The activist investor disclosed on Thursday that he bought roughly 2.7 million shares of Gannett (GCI), the nation's largest newspaper publisher, during the second quarter.

On Wednesday, activist investor Starboard Value sent a letter to the company threatening a proxy fight unless Yahoo replaces Mayer and a number of directors.

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 honor of Equal Pay Day 2018, Fortune sat down with the activist investor to talk about how — and why — she engages with companies on the issue of pay equity.

Activist investor Carl Icahn has spearheaded opposition to the bid and presented a proposal of his own with Southeastern Asset Management Inc., although this will not go to a vote on Thursday.

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.

HOUSTON, April 16 - Billionaire activist investor Carl Icahn on Monday nominated a five - person slate of his employees and business associates to replace the SandRidge Energy Inc board of directors, escalating his fight for control of the U.S. shale oil producer.

HOUSTON, April 16 (Reuters)- Billionaire activist investor Carl Icahn on Monday nominated a five - person slate of his employees and business associates to replace the SandRidge Energy Inc board of directors, escalating his fight for control of the U.S. shale oil producer.

HOUSTON, April 4 - Activist investor Carl Icahn said on Wednesday he plans to nominate directors who would push for a sale of SandRidge Energy Inc and may make an offer himself for the embattled Oklahoma City oil and gas producer.

P&G is in the crosshairs of activist investor Nelson Peltz's Trian Fund Management, which — with its roughly $ 3 billion stake in the consumer goods giant — is waging the biggest proxy fight in history for a seat on its board.

Among the lowlights of the retailer's continuing, soap - operatic slide in 2013: CEO Ron Johnson resigned in April after all of 16 months on the job; the company had to apologize to customers for alienating them with new store concepts; and activist investor Bill Ackman, who stepped down from the board in August, swallowed a $ 470 million loss upon selling his Penney's stake.

Tenet Healthcare, under pressure from an activist investor, said on Tuesday it would explore a sale of its Conifer unit, and increase the size of its plan to cut costs by $ 100 million by the end of 2018.

The designation of a lead independent director and the appointment of an activist investor to sit on HP's board bodes well for the long - troubled tech giant.

The Sharpie maker's agreement with Starboard comes with an assist from another activist investor, billionaire Carl Icahn, who will give up two of his four seats on the board.

Buoyed by an unquenchable thirst for short - term stock gains, traders and activist investors are mounting pressure on a wide array of companies to cut research and capital expenditures in order to increase stock buybacks and thus boost stock prices.

MILAN, April 23 (Reuters)- A judge ruled in favor of an appeal by Telecom Italia (TIM) and its leading investor Vivendi to block a vote on some board director replacements proposed by activist fund Elliott at an April 24 shareholders meeting, a court document showed.

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.

Nelson Peltz, an activist investor and principal of hedge fund Trian Fund Management, on Monday told CNBC that the prospects for a last - minute settlement with DuPont were «dim.»

Carl Icahn, billionaire activist investor, waits for Donald Trump, president and chief executive of Trump Organization Inc. and 2016 Republican presidential candidate, not pictured, to speak at an election night event in New York, U.S., on Tuesday, April 19, 2016.

We include corporate CEOs, the head of the Canadian public pension fund and an activist investor, and the heads of a number of institutional investors who manage money on behalf of a broad range of Americans.

So increasing focus on shareholder - friendly corporate governance, the rising clout of activist investors and the robust market for corporate control are all manifestations of the fact that shareholders want big companies to give them back their cash, and that companies are increasingly willing to do so.

In this special report, we identify and provide specific examples of the red flags you should be on the lookout for when activist investors begin building a large position in a company.

Meanwhile, ASIC chairman James Shipton told The Australian Financial Review Banking & Wealth Summit the regulator was highly attuned to the fact the interests and actions of global investors intersected with the Australian market, in response to a question posed about activist shorts zeroing - in on Australian companies.

«Despite the continued support of attacks by activist hedge funds by the Chair of the SEC, and many «Chicago school» academics who continue to rely on discredited statistics, there is growing recognition by institutional investors and prominent «new school» economists of the threat to corporations and their shareholders and to the economy of these attacks -LSB-...]

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.

DuPont early this year announced a $ 4 billion buyback program — on top of a $ 5 billion program announced a year earlier — to beat back activist investor Nelson Peltz's Trian Fund Management, which was seeking four board seats to get its way.

One of the largest activist investors in the world is taking on his biggest target yet.

It's true that the activist investors on the Exxon vote likely include heavy hitters like financial firms BlackRock, Vanguard and State Street (though the specific votes are not made public), which are the company's biggest shareholders, owning more than 18 percent of the stock.

Queen City showdown pits billionaire activist investor against P&G management for seat on board of Dow stalwart

There were librarians and archivists focused on copyright term extension and digital locks; several doctors spoke to the impact of the TPP on public health and access to medicines, food experts highlighted the dangers associated with food security, environmental activists focused on the TPP and climate change, and speakers of all ages (including a 92 year old woman) expressed concern with the investor - state dispute resolution provisions.

A fall in shares in Sage Group PLC was also dragging on the FTSE 100 index, but a surge for Costa Coffee parent Whitbread PLC on news of an activist investor stake helped limit the drop.

Activist investor Carl Icahn plans to nominate a slate of directors for Oklahoma - based SandRidge Energy, he and various investment vehicles said in a filing with the Securities and Exchange Commission on April 4.

IT Business Times» two - part series on Ray Zinn and the changing nature of Silicon Valley, the semiconductor industry and how CEOs deal with activist investor demands.

Women's apparel retailer Chico's FAS finds itself in the crosshairs of retail - focused activist investor Barington Capital, which is seeking two seats on the Company's board.

Two of the most prominent figures on Wall Street — Carl Icahn, the famed corporate raider turned «activist investor,» and Stephen Schwarzman, the billionaire behind private equity behemoth Blackstone Group — have expressed interest in bidding for PC pioneer Dell.

This system — an outgrowth of postwar reconstruction — was designed to strengthen business relationships and keep investors around for the long haul, but also had the effect of dissuading activist shareholders and creating a drag on asset efficiency.

Also, the initial gains of certain companies that acted on activists» push for change have attracted more investor money into activist hedge funds.

Another clash of giants took place earlier this week when Carl Icahn decided to take on fellow activist Warren Lichtenstein of Steel Partners over Steel's decision to convert a fund into a public company via a reverse merger without his investors» consent.

Fellow billionaire activist investor Carl Icahn, who famously had a war of words with Ackman on CNBC in 2013, took the other side of Herbalife trade.

For years, trade and justice activists have proposed renegotiating the North American Free Trade Agreement to address some of the deal's most damaging features: for example, by removing the anti-democratic investor - state dispute settlement provisions of Chapter 11, linking trade benefits to genuine protections for human and labour rights (all the more important given the deteriorating democratic situation in Mexico), and establishing a continent - wide strategy for auto investment and production. We were always told that renegotiating NAFTA was a pipe dream: it would not be possible to open the text and get all three countries on board with reforms, no matter how legitimate the concerns.

Aetna published its 2011 «Political Contributions and Related Activity Report» on Aug. 24, which included money for politicians and various groups, though a group of activist investors said the report didn't include all of Aetna's political payments.

Portect Our Democracy PAC, a political action committee founded over the summer by investor / activist Sean Eldridge, husband of Facebook co-founder Chris Hughes, to work in coordination with the Cuomo administration on campaign finance reform, is out with its first mailers of the election cycle in support of Democratic state Senate candidate Cecilia Tkacyzk.

The nonprofit arm of America Rising, known as America Rising Squared, oversees some of the group's most controversial work on climate change: deploying «trackers» to videotape activists like Bill McKibben, founder of 350.org, and Tom Steyer, the billionaire investor and Democratic donor.

Activist investors may have an effect in the short run, but on the whole, the effects of activism on the index returns as a whole will be paltry at best.

Observing that stock prices rose dramatically when owner - managers of «Wall Street's orphaned stars» decided to sell, and outside investors were «typically a diffuse bunch in no position to put heat on the controlling insiders,» activist investors saw the obvious value proposition and path to a catalyst and entered the fray.

A recent study conducted by April Klein and Emanuel Zur on shareholder activism found that stock prices of companies targeted by activist investors earn 10.2 % average returns during the period surrounding an activist's ownership disclosure and an additional 11.4 % abnormal return during the following year.

It's clearly more difficult for an activist investor to articulate to stockholders the benefits of improvements in operations or a redirection of investment than it is to simply promise a dividend or a buy - back, which should in turn reduce their chance of getting on the board.

In an article on his Breakout Performance blog, Activist Investors Sidelined by Brutal Market, Dr. Eric Jackson gives some advice to the next generation of activist inActivist Investors Sidelined by Brutal Market, Dr. Eric Jackson gives some advice to the next generation of activist iInvestors Sidelined by Brutal Market, Dr. Eric Jackson gives some advice to the next generation of activist inactivist investorsinvestors.