Activist Investor

odp_StoreFront

What Starboard Value Sees in Staples and Office Depot

Starboard Value has long called for the merger of office retailing giants Staples Inc. (NASDAQ: SPLS) and Office Depot Inc. (NASDAQ: ODP). The firm sent an open letter to The ...
Read Full Story »
DuPont image

The Bullish and Bearish Case for DuPont in 2015

Can you believe that the bull market is now almost six years old? In 2014, the Dow Jones Industrial Average rose by 7.5% and the S&P 500 Index rose by ...
Read Full Story »
Life Ring

Can Activist Fund Corvex Save American Realty?

In light of recent legal proceedings and increased scrutiny, the average investor might not view American Realty Capital Properties Inc. (NASDAQ: ARCP) as an attractive investment. Keith Meister, head of ...
Read Full Story »
road fork sign

Can Carl Icahn Force Manitowoc to Concede to Activist Pressure?

The year is almost over and Carl Icahn is still making his activist investor moves. His most recent acquisition was a 7.77% stake in Manitowoc Co. Inc. (NYSE: MTW). This ...
Read Full Story »
EMC_LOGO

Why EMC Posted 13-Year High on Friday

Shares of EMC Corp. (NYSE: EMC) posted a new 52-week high of $30.88 Friday morning. The last time shares traded that high was April 2001, more than 13 years ago. ...
Read Full Story »
Hertz logo

Can an Outsider Turn Hertz Around?

Rental car company Hertz Global Holdings Inc. (NYSE: HTZ) on Thursday named John Tague as president and chief executive, effective Friday. Tague replaces interim CEO Brian MacDonald, who took over ...
Read Full Story »
Buffet

Significant Changes in Buffett and Berkshire Hathaway Holdings

Berkshire Hathaway Inc. (NYSE: BRK-A) has released its public equity holdings as of September 30, 2014. Warren Buffett’s portfolio has recently undergone some radical changes on the surface, some of ...
Read Full Story »
traffic jam

Is This the Beginning or End of Hertz’s Accounting Woes?

Hertz Global Holdings Inc. (NYSE: HTZ) made another announcement Friday, adding to its recent saga of financial irregularities. The company will now have to look back further than once thought, ...
Read Full Story »
Active investor

Jana Partners Increases Its Activist Stakes Handily

Jana Partners is a very well-known activist fund, and it has a solid track record of effecting change in some of the companies it gets involved in. Its latest 13F ...
Read Full Story »
Warren Buffett

Berkshire Hathaway Near 52-Week High

Shares of Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A) closed at $210,000 per share on Friday, less than 2% below the stock’s 52-week high. Combined, just the top 10 stocks ...
Read Full Story »
irrigation

What Does ValueAct See in Taking an Activist Role in Fertilizers?

Hedge fund ValueAct Capital Management on Friday filed a Form 13-D with the U.S. Securities and Exchange Commission (SEC) disclosing the acquisition of 8.19 million shares of Canada-based fertilizer maker ...
Read Full Story »
EMC_LOGO

What EMC Earnings Said Without Saying: Activists Go Away!

EMC Corp. (NYSE: EMC) may be under activist pressure, but the storage king reported that its third-quarter consolidated revenue was up 9% year-over-year to a record for the quarter of ...
Read Full Story »
Stock Split Image

The Plan to Drive Amgen Shares Up Over 70%

Amgen Inc. (NASDAQ: AMGN) used to be the king of biotech by size. That was then, and now is the time for a break-up or other efforts. At least that ...
Read Full Story »
road fork sign

Beware: Spin-Off Efforts May Wreck Corporate Credit

Investors are getting more and more accustomed to spin-off pressure being forced by activist investors. Some spin-offs take place merely because companies have decided that this is perhaps the last ...
Read Full Story »
apple iphone 6 intro

Carl Icahn Says True Value of Apple Share Is $203 — in Over 4,500 Words

Carl Icahn has lived up to his promise for an interesting open letter to Apple Inc. (NASDAQ: AAPL) CEO Tim Cook. This is more like a novelette or whitepaper than ...
Read Full Story »