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......»»
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.....»»
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......»»
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 .....»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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......»»
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.....»»
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......»»
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.....»»
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......»»
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......»»
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......»»
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.....»»
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.....»»
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.....»»
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......»»
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.....»»