Activist Investor

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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 ...
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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 ...
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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, ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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Carl Icahn Promises ‘Interesting’ Letter to Apple

UPDATE: The letter is out and Icahn has lived up to his promise for an interesting open letter. Activist investor Carl Icahn tweeted a message late Wednesday morning that he ...
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An Unusual EMC Response to Elliott on Divesting VMware Proposition

EMC Corporation (NYSE: EMC) has formally responded to the letter issued by activist investment advisor Elliott Management for EMC to begin the process to divest its super-majority voting stake in ...
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Ratings Agency No Fan of eBay-PayPal Split

eBay Inc. (NASDAQ: EBAY) was given high marks by the market this week when the company finally capitulated to the outside pressure by Carl Icahn and others to begin the ...
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Active investor

Relational Activist Fund Wind Down Weighing on Key Holdings

News that Relational is winding down could be a negative for several stocks. The Wall Street Journal reported that Co-founder Ralph Whitworth's throat cancer has returned and that the giant ...
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Will Google Buy PayPal?

Now that we know that eBay Inc. (NASDAQ: EBAY) has caved into the demand from activist investor Carl Icahn and agreed to spin off its PayPal division, we can’t help ...
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