Advertisements



Hedge Fund Drops Proxy Battle With Chemicals Maker Ashland

New York-based hedge fund Cruiser Capital Advisors LLC is abandoning its proxy fight with Ashland Global Holdings Inc. after the specialty-chemicals manufacturer struck a deal last week with investor Neuberger Berman Group LLC......»»

Category: smallbizSource: wsjJan 23rd, 2019

USA Technologies stock slips after hedge fund announces proxy battle

The largest investor in USA Technologies plans to nominate a slate of independent candidates to take over the company's board, saying it has “exhausted every reasonable means” to implement desired changes to the struggling fintech’s operation.....»»

Category: topSource: bizjournalsOct 14th, 2019

Proxy firms Glass Lewis, ISS back Allergan in fight against Appaloosa

Two major shareholder advisory firms urged investors to vote against billionaire investor David Tepper's hedge fund demand that Allergan Plc immediately split the roles of chief executive officer and chairman, in a boost to the Botox maker......»»

Category: topSource: reutersApr 15th, 2019

Hedge Fund and Insider Trading News: Starboard Value LP, Eddie Lampert, Elliott Management, Snap Inc. (SNAP), Facebook, Inc. (FB), and More

Newell Brands Ends Proxy Fight with Starboard (Reuters) (Reuters) – Consumer products maker Newell Brands Inc (NWL.N) has agreed .....»»

Category: topSource: insidermonkeyApr 23rd, 2018

HomeStreet says hedge fund failed to get regulatory approval to stage proxy fight

On the eve of the Seattle bank's annual shareholders meeting, a proxy battle with one of its biggest investors gets even uglier......»»

Category: topSource: bizjournalsMay 21st, 2018

The Wall Street Journal: Hedge fund sues Campbell Soup over ‘misinformation’ in proxy fight

Third Point LLC sued Campbell Soup Co. and its board of directors Thursday, alleging the food maker distributed misleading and incomplete information to win shareholders’ support in a heated proxy fight over control of the company......»»

Category: topSource: marketwatchOct 25th, 2018

Third Point Sues Campbell, Alleging Misinformation

The activist hedge fund sued Campbell Soup and its board, alleging the food maker distributed misleading and incomplete information to win shareholders’ support in a heated proxy fight over control of the company......»»

Category: smallbizSource: wsjOct 26th, 2018

Campbell Soup offers to add two Third Point nominees to board

Campbell Soup Co , which is in the midst of a proxy battle with Third Point LLC, said on Friday it had offered to add two of the hedge fund's nominees to its board after the investment firm lowered the number of nominees to five from 12......»»

Category: topSource: reutersNov 9th, 2018

Campbell Soup names new CEO, Third Point supports decision

Campbell Soup Co. has named Mark Clouse, the former CEO of Pinnacle Foods, as its new chief executive. Activist investor Dan Loeb, whose hedge fund recently concluded a contentious proxy battle against the Campbell Soup board, assisted with the CEO.....»»

Category: topSource: bizjournalsDec 21st, 2018

Starboard gauges Bristol-Myers shareholder support for Celgene deal

Activist hedge fund Starboard Value LP has asked a proxy solicitor to probe the level of support among Bristol-Myers Squibb Co shareholders for the U.S. drug maker's $74 billion deal to buy Celgene Corp, people familiar with the matter said on Friday......»»

Category: topSource: reutersFeb 15th, 2019

Trump, Others, Plan For His Indictment

Trump, Others, Plan For His Indictment, It Could Trigger Extradition Battle, “Imprisonment“ Q1 2021 hedge fund letters, conferences and more Plans For Donald Trump’s Indictmen.....»»

Category: blogSource: valuewalkMay 17th, 2021

Peninsula gene therapy company"s stock sinks 50% after-hours on serious side effect in eye trial

The company already is in a bitter proxy fight with a hedge fund that claims its board has provided weak oversight of management as it allegedly ignores a side effect of its gene therapy against a blinding eye disease......»»

Category: topSource: bizjournalsApr 28th, 2021

The Topic Of Gender Diversity On Boards Is Gaining Traction

A trio of proxy fights announced this week show the benefits of collaboration for activist investors, as well as the impact of a successful track record. Q4 2020 hedge fund letters.....»»

Category: blogSource: valuewalkFeb 27th, 2021

NerdWallet: Don’t worry, the GameStop-Reddit fiasco won’t tank your 401(k)

Amid all the freneticism of the Reddit-hedge fund battle, the simple fact is that it means very little to the majority of investors......»»

Category: topSource: marketwatchJan 29th, 2021

Citadel shoots down Robinhood link

Billionaire Ken Griffin's hedge fund Citadel LLC and the market maker Citadel Securities say they had nothing to do with the app Robinhood suspending some trading in stocks that have recently experienced a surge in volatility......»»

Category: topSource: foxnewsJan 28th, 2021

Harley-Davidson faces proxy fight with investor Impala

Harley-Davidson Inc faces a battle with one of its investors after Impala Asset Management on Wednesday on Wednesday said it will try to install two directors at America's oldest and best-known motorcycle maker......»»

Category: topSource: reutersMar 18th, 2020

Tom Steyer drops out of the 2020 presidential race

Business Insider Billionaire former hedge fund manager and liberal activist Tom Steyer dropped out of the 2020 Democratic primary after a disappointing finish in t.....»»

Category: topSource: businessinsiderFeb 29th, 2020

Hedge Fund and Insider Trading News: Citadel, Moore Capital Management, Baupost Group, Elliott Management, Sleep Number Corp (SNBR), Ashland Global Holdings Inc (ASH), and More

Baupost Sheds Puerto Rico Debt That Drove Ivy League Protest (Bloomberg) Baupost Group, which was targeted by student divestment campaigns over.....»»

Category: topSource: insidermonkeyFeb 7th, 2020

Hedge Fund and Insider Trading News: Jamie Dinan, Ray Dalio, Israel Englander, Air Products & Chemicals, Inc. (APD), Cidara Therapeutics Inc (CDTX), and More

Billionaire York Capital Founder and Milwaukee Bucks Co-owner Jamie Dinan Sees Big Investing Opportunities in a Post-Brexit UK (Business Inside.....»»

Category: topSource: insidermonkeyJan 31st, 2020

Dow operating profit drops on lower prices, sees recovery in 2020

Dow Inc reported a 27% fall in fourth-quarter operating profit on Wednesday as lower prices squeezed margins, but the chemicals maker pointed to a recovery in demand this year on the back of easing trade tensions......»»

Category: topSource: reutersJan 29th, 2020

Ashland Global Holdings Inc. (ASH) vs. Hedge Fund Favorites in 2019

Hedge funds are known to underperform the bull markets but that’s not because they are bad at investing. Truth be told, most hedge fund m.....»»

Category: topSource: insidermonkeyDec 27th, 2019