Activist Investor

Activist Investor Ups Stake in CenturyLink

Activist investor Corvex Management and chief Keith Meister have raised their stake in telecom company CenturyLink Inc. (NYSE: CTL) to approximately 6.6%, or more than 36.5 million shares. The change ...
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Energen’s Would-Be Permian Buyout — Are 2 Activist Investors Better Than 1?

It's one issue to have a well-known activist investor out calling for change and action in a company. It's a completely different issue when you get two activist firms nipping at ...
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6 Most Important Things in Business Today

Alphabet Inc.'s (NASDAQ: GOOGL) Google fired the employee who wrote an anti-diversity memo. The document was widely circulated in by the press. Uber's chairman wrote a note to the company's staff ...
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11 Great American Companies That Have Totally Lost Control of Their Narrative

Many great American companies have risen to become behemoths over the decades. Many of those great names also have fallen from grace. Sometimes after a company falls from grace, it ...
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Activist Investor Sinks Claws Into Hain Celestial

Hain Celestial Group Inc. (NASDAQ: HAIN) saw its shares make a handy gain on Friday after it came to light that activist investor Engaged Capital has a 9.9% stake in ...
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Will GM Shareholders Go for Greenlight Stock Proposal, Director Candidates?

General Motors Co. (NYSE: GM) shareholders will vote Tuesday on whether to accept a proposal put forward by David Einhorn's Greenlight Capital to establish a dual-share structure for the automaker ...
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How Much Could Energen Fetch in a Buyout?

Shares of Energen Corp. (NYSE: EGN) saw a handy gain on Wednesday after the hedge fund Corvex Management announced a 5.5% stake in the company and called for a potential ...
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Why Activist Elliott May Ultimately Fail in the Fight Against BHP

Activist Investor Elliott Management has been going after BHP Billiton Ltd (NYSE: BHP), with billionaire Paul Singer leading that charge, for more than a month. Mr. Singer has a long ...
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Will Etsy Be Able to Find a Buyer at the Right Price?

It might have been a while since there was great news out of Etsy Inc. (NASDAQ: ETSY), but nothing lasts forever. Two private equity firms now have taken large stakes ...
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How Warren Buffett’s IBM Sale Hurts the Dow and Hurts Ginni Rometty

When Warren Buffett talks, people listen. Buffett confessed on Friday morning, ahead of the Berkshire Hathaway Inc. (NYSE: BRK-A) annual meeting, that he and his team had unloaded part of ...
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Kleinfeld Out as Chairman, CEO of Arconic

The high-tech engineering and manufacturing firm hived off from Alcoa last year, Arconic Inc. (NYSE: ARNC), announced Monday morning that Chairman and CEO Klaus Kleinfeld has resigned both positions, along ...
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Why Activist Investors Will Face Major Hurdles at Whole Foods

Whole Foods Market Inc. (NASDAQ: WFM) has been one of the greatest fairy tale stories in food and grocery trends of a lifetime. After years of being one of the ...
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Did Icahn Really Win With AIG’s CEO Departure?

Shares of American International Group Inc. (NYSE: AIG) saw a slight gain on Thursday after the company announced that its president and CEO, Peter Hancock, will be stepping down. There ...
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Burrito

Large Investor Registers Chipotle Shares, Could (But May Not) Sell

Another investor may have become tired of the mess at Chipotle Mexican Grill Inc. (NYSE: CMG). William A. Ackman's Pershing Square has filed papers that would allow for the sale 2,882,463 ...
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reprimand

3 Big Companies Buckling to Activist Investors

It seems as though activist investors still have a major role in the ups and downs of the stock market. Some activist efforts help companies through time, while others look ...
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