Sentences with phrase «of activist shareholders»

In January, Shell made the unusual move of backing a climate proposal from a group of activist shareholders.
In summary, we have a compelling investment thesis (German property), great underlying property fundamentals and valuations, a good margin of safety with a Net LTV of 58 %, and a potential catalyst in the form of activist shareholders on the share register and, most importantly, the board.
-LSB-...] Speaking of activist shareholders, Greenbackd got the entire rundown of who's going after who (whom?).
Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure of confidential and personal information; BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry.
There are countless ways to look at the implications of Amazon's proposed $ 13.7 billion takeover of Whole Foods, that it's the latest salvo in the battle between Amazon and Walmart to be the one place where everyone shops for everything, that it's a disruption to the supply chain model in the grocery business, or that it's nothing more than a marriage of convenience to save Whole Foods from the ire of its activist shareholders.
BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry, and the company's previously disclosed review of strategic alternatives.
And Eliot Spitzer would be one hell of an activist shareholder.
From my perspective, I was actually v encouraged by the added shareholder value arising from the company's smart & v chunky share buyback programme, and by the presence (until recently) of an activist shareholder, Everest Funds **.
With the arrival of activist shareholder Bill Ackman in Canada, panel moderator and Ohio State University law professor Steven Davidoff kicked off the session with a discussion about the current climate for activists and how to deal with them.

Not exact matches

A report from activist shareholder Spring Owl Investments that called for Dauman's removal due to the underperformance of the stock seemed like it was shouting into the wind.
The appointment of Dauman is also like waving a red flag in front of Viacom's critics — including activist shareholders such as Mario Gabelli and SpringOwl Asset Management.
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.
Xerox said its CEO and most of its board will step down to settle a suit by activist shareholders Carl Icahn and Darwin Deason.
We envy them all and want to emulate them but know that they are just people dealing with struggles of a different magnitude from the pressures of going public, the pressures of pricing competition, the pressures of over-reaching of journalists and regulators and the pressures of activist public shareholders with short - term expectations.
The comment is oddly elliptical and passive given that Pessina is a shareholder controlling 13 % of the company's stock, with allies KKR and activist fund JANA Partners holding sway over another 4.7 % and 1.1 %, respectively.
Activist investor Carl Icahn says he will nominate four people to join the board of Xerox at the annual shareholder meeting next year.
Whole Foods hired the advisory firm Evercore Partners earlier this year to defend itself from pressure by activist shareholder Jana Partners, which announced in April it had amassed an 8.3 percent stake and pushed for changes to the Whole Foods board of directors.
Boards are empowered to protect shareholders, but many have become sympathetic to activists because they believe directors are subject to conflicts of interest.
Last month, Dimon prevailed at the bank's annual meeting when only 32 percent of shareholders voted in favor of a proposal — backed by activist groups after the «London Whale» trading losses — to strip him of the chairmanship.
This is exactly the opportunity the activists are availing themselves of by contacting blocks of shareholders to exchange views on underperforming companies and collaborating on remedies.
Boards are empowered to protect shareholders, but many shareholders have become sympathetic to activists because they believe the system has inherent conflicts of interest; that directors are more interested in collecting paychecks and preserving their status quo than in exercising their fiduciary duty to shareholders.
Hall's firm has helped some of the business world's highest - profile companies and activists through raucous shareholder disputes, even representing Pershing Square Capital in its epic battle to install Hunter Harrison at CP.
A tech - savvy and surefooted negotiator, Cohn has since led more than 30 shareholder campaigns against the likes of Compuware, BMC Software, and lately EMC, becoming one of the most powerful and effective activists in the finance industry.
Nooyi, only the fifth person to run PepsiCo and a dark - horse choice — a woman, a foreigner, a onetime strategy consultant — has outlasted all but one of her predecessors and, at least for now, a powerful shareholder activist.
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.
How shareholders will vote — either with DuPont or its rival, activist hedge fund Trian Fund Management — will come down to how well they believe DuPont has performed under Kullman, who got the job at the start of 2009.
April 24 (Reuters)- U.S. supermarket operator Supervalu Inc said on Tuesday it would sell eight of its distribution centers to an undisclosed buyer for about $ 483 million following pressure from activist shareholders, sending its shares up 3 percent.
Activist investor Carl Icahn, the second largest Dell shareholder behind Michael Dell, and Southeastern Asset Management have joined forces to halt the deal by making an offer of their own.
The decision comes as activist fund Elliott, which has built a potential holding of 5.7 percent in the former phone monopoly, has challenged the way TIM's biggest shareholder, France's Vivendi, manages the group.
In Italy, Telecom Italia chief Amos Genish said that his position in the firm would be «untenable» if activist fund Elliott gets the majority of the board seats during a shareholder vote Friday, Reuters reported.
She recommends approaching activists and their arguments with openness and considering it in the context of what's best for shareholders.
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
Tags: Activist Shareholders, Bank of America, Banks, Citigroup, Countrywide, Ken Lewis, Merrill Lynch, Treasury, Vikram Pandit
Shareholder democracy activists should not get carried away by the arrival of proxy access proposals north of the border, according to a Toronto lawyer.
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.
This DealBook article about the new alliances between activist hedge funds and long - only institutional shareholders is full of enjoyable oddities; here is my favorite part:
After all, Apple is not the first company to make decisions with the goal of anticipating activists, and Icahn was not the first activist to push Apple to return capital to shareholders.
April 7, 2016 - Climate Change 2016: As Proxy Season Arrives, Shareholder Activists File Record Number Of Environmental Resolutions - International Business Times
NEW YORK / TOKYO (Reuters)- Xerox Corp (XRX.N) said its CEO and most of its board will step down to settle a suit by activist shareholders Carl Icahn and Darwin Deason, handing over to new management which will reconsider a contentious deal with Fujifilm Holdings (4901.
3 But if you subscribe to the simple activist - shareholder model, in which activists (1) identify underperforming companies, (2) buy up those companies» (cheap) stock, (3) push the companies to improve, and then (4) reap (a portion of) the rewards of that improvement, what do you think about this development?
The last of them, Scott Thompson, resigned in disgrace after five months when a large activist shareholder, Dan Loeb, published an open letter accusing him of fabricating a computer - science degree.
On the eve of a special shareholders» meeting last May by Taseko Mines Ltd. (TSX: TKO), activist shareholder Raging River Capital LP threw in the towel.
A stake purchase by the activist investor could add friction in a potential merger of the $ 53 bln software company with its controlling shareholder Dell.
But the new world of an activist (or three) in every stock, and passive - shareholder support for and use of activists, makes these issues a lot more practically relevant.
I knew, of course, that Icahn was an «activist shareholder,» but I had no idea why he might be calling.
In the fall of 2014, the hedge fund activist and Allergan shareholder Bill Ackman became increasingly frustrated with Allergan's board of directors.
Activist investor Nelson Peltz holds a $ 1.6 billion stake in DD and believes a breakup of the company will unlock shareholder value.
NEW YORK / TOKYO Xerox Corp said its CEO and most of its board will step down to settle a suit by activist shareholders Carl Icahn and Darwin Deason, handing over to new management which will reconsider a contentious deal with Fujifilm Holdings.
«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-...]
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