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Thyssenkrupp investor Elliott demands appointment of new "external" CEO

Thyssenkrupp should replace Guido Kerkhoff as chief executive with a new external candidate, activist investor Elliott Associates told the company's supervisory board......»»

Category: topSource: reutersJul 19th, 2018

Investor Elliott"s stake raises pressure on Thyssenkrupp CEO

FRANKFURT/BERLIN (Reuters) - Activist hedge fund Elliott said on Thursday it would step up pressure on Thyssenkrupp's leadership to revive the German industrial conglomerate's fortunes, confirming it had taken a stake of less than 3 percent......»»

Category: topSource: reutersMay 24th, 2018

Thyssenkrupp investor Elliott says divisions should have more say

Activist investor Elliott wants Thyssenkrupp to give its business divisions more autonomy to pursue promising ventures, an Elliott executive told German daily Die Welt, following a leadership crisis at the German engineering group......»»

Category: topSource: reutersJul 31st, 2018

Thyssenkrupp needs new strategy, targets not enough: investor

Thyssenkrupp needs a broad overhaul in strategy carried about by a new external chief executive, as mid-term targets announced this week will not be enough to put the German group back on track, according to one of its investors......»»

Category: topSource: reutersAug 11th, 2018

Hyundai set for Elliott showdown as it rejects $6.3 billion payout call

Hyundai Motor Group on Tuesday rejected demands by U.S. activist investor Elliott Management for a combined 7 trillion won ($6.3 billion) dividend payout and new board members, complicating efforts to revamp South Korea's second-biggest conglomerate......»»

Category: topSource: reutersFeb 26th, 2019

Hyundai rejects Elliott"s payout call, shares rise ahead of showdown meeting

Hyundai Motor Group on Tuesday rejected demands by U.S. activist investor Elliott Management for a combined 7 trillion won ($6.3 billion) dividend payout and new board members, complicating efforts to revamp South Korea's second-biggest conglomerate......»»

Category: topSource: reutersFeb 26th, 2019

Elliott pushes for Hyundai shareholder support after dividend proposals rejected

Elliott Management Corp on Wednesday urged shareholders of a Hyundai Motor Group firm to vote for its proposal for higher dividends and new board members, a day after the South Korean conglomerate rejected demands by the U.S. activist investor......»»

Category: topSource: reutersFeb 27th, 2019

Activist Investor Reportedly Seeking to Shake Things Up at Glaxo

Hedge fund Elliott Management t.....»»

Category: blogSource: gurufocusApr 19th, 2021

Jack Dorsey judo flipped an activist investor attack on Twitter

Elliott Investment Management partner Jesse Cohn plans to leave Twitter's board after taking a seat a year ago......»»

Category: topSource: bizjournalsApr 5th, 2021

Editor"s Briefing: Pressure remains on Evergy from activist investor — and an ally

Agreements with Evergy Inc. follow a familiar game plan for Elliott Management Corp. and Bluescape Energy Partners LLC......»»

Category: topSource: bizjournalsFeb 28th, 2021

Activist investor Elliott Management has sold off its eBay stake following the stock"s big rebound

Elliott Management Corp. has sold its stake in eBay Inc. after forcing big changes at the company. The activist investment firm revealed Tuesday in a filing with the Securities and Exchange Commission it no longer owns any shares of the online a.....»»

Category: topSource: bizjournalsFeb 17th, 2021

Toshiba holds emergency board meeting amid investor demands, FT reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallDec 29th, 2020

Occidental Petroleum reaches truce with activist investor Carl Icahn

Occidental Petroleum Corp., the largest oil producer in the giant Permian Basin, has ceded to activist investor Carl Icahn's demands and announced deep spending cuts in a bid to survive the steepest crude-price plunge in decades......»»

Category: topSource: foxnewsMar 25th, 2020

Hedge Fund and Insider Trading News: Warren Buffett, Ray Dalio, Chenavari Investment Managers, Elliott Management, Valiant Capital Partners, Live Nation Entertainment, Inc. (LYV), Ducommun Incorporated (DCO), and More

Activist Fund Elliott Backs SoftBank’s $4.8 Billion Buyback Plan (Reuters) (Reuters) – Activist investor Elliott Management.....»»

Category: topSource: insidermonkeyMar 13th, 2020

Activist investor Starboard prepares to take more seats on eBay"s board

Frustrated over eBay Inc.’s slow response to its demands, activist investor Starboard Value LP is reportedly making a move on the company board. The Wall Street Journal reports that Starboard has “privately nominated an additional minority slate of.....»»

Category: topSource: bizjournalsMar 12th, 2020

MarketWatch First Take: Twitter is spending $2 billion to save Jack Dorsey’s part-time job — for now

Twitter Inc. reached an expensive compromise with activist investor Elliott Management on Monday to save Jack Dorsey’s part-time CEO job, but not for good......»»

Category: topSource: marketwatchMar 9th, 2020

Dorsey to Stay as Twitter and Activist Investor Agree Truce

Twitter has negotiated a truce with the activist investor hedge fund manager Elliott Management, which will see current CEO and co-founder Jack Dorsey remain in charge of the social media company.  Elliott… The post Dorsey to S.....»»

Category: topSource: redherringMar 9th, 2020

Twitter, Elliott agree on board seats, Silver Lake investment

Twitter Inc said on Monday that it will name three new directors to its board in an agreement with activist investor Elliott Management and private equity firm Silver Lake......»»

Category: topSource: reutersMar 9th, 2020

Tesla is ‘better run’ after leadership tumult, says top investor

Tesla is a “better-run” company after its regulatory battles following the recent addition of independent directors to oversee Elon Musk, according to the electric carmaker’s top external shareholder......»»

Category: topSource: bizjournalsMar 9th, 2020

Thyssenkrupp shares hit record low as investor faith dwindles

Thyssenkrupp shares hit a record low on Friday, prompting its finance chief to come out and defend the ailing conglomerate which must convince investors that it can earn cash following the sale of its elevator division......»»

Category: topSource: reutersMar 6th, 2020

HK"s Bank of East Asia to review assets with Elliott Management

Hong Kong-based Bank of East Asia said on Wednesday it would carry out a comprehensive review of its portfolio of businesses and assets with the support of activist investor Elliott Management......»»

Category: topSource: reutersMar 3rd, 2020