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    1. Gap, Inc. (GPS) Appoints Amy Bohutinsky, John Fisher and Lexi Reese to Board

      Gap, Inc. (GPS) Appoints Amy Bohutinsky, John Fisher and Lexi Reese to Board

      Gap Inc. (NYSE: GPS) today announced the election of three new members to serve on the company’s board of directors. Amy Bohutinsky, COO of Zillow Group Inc., John Fisher, Co-Founder and General Partner of Sansome Partners, and Lexi Reese, COO of Gusto will join Gap Inc.’s board of directors effective November 1, 2018...

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      Mentions: NYSE Founder Gap
    2. Starbucks Spikes After Hedge-Fund Billionaire Bill Ackman Discloses a Stake in the Company

      Starbucks Spikes After Hedge-Fund Billionaire Bill Ackman Discloses a Stake in the Company
      • Bill Ackman, the billionaire founder of Pershing Square Capital Management, disclosed a stake in Starbucks on Tuesday, according to multiple reports.
      • Starbucks shares jumped by as much as 5% following the news.
      • In August, Ackman said he had bought shares of an undisclosed company worth $800 million.
      • Watch Starbucks trade in real time here.

      Starbucks shares jumped by as much as 5% Tuesday on news that the hedge-fund billionaire Bill Ackman had bought a stake in the coffee retailer...

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    3. P&G Has Little to Show a Year After Investor Face-Off Bloomberg

      P&G Has Little to Show a Year After Investor Face-Off Bloomberg

      (Bloomberg Opinion) -- Last October, it felt like Procter & Gamble Co.'s annual meeting might end up being a turning point in the effort to revitalize the company behind brands such as Tide detergent and Crest toothpaste. Activist investor Nelson Peltz had been agitating for a spot on P&G's board as he called for a long list of changes, and the consumer-goods giant had spent big money to try secure enough votes to deny him a seat at the table...

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    4. Why Aviva's CEO Mark Wilson Has Fallen Victim to a Boardroom Coup

      Why Aviva's CEO Mark Wilson Has Fallen Victim to a Boardroom Coup

      The coup that has resulted in the exit of Mark Wilson as chief executive of Aviva was executed with some skill.To the outside world, Monday marked a mundane start to the insurer’s working week. It was anything but. Just a day later and its CEO of six years is putting his feet up – sorry, “assisting with the transition”, which he will be doing until next April when his contractual gardening leave comes to an end...

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      Mentions: CEO Chairman Aviva
    5. Papa John’s Will Likely Be Sold in the Next Year, Analyst Says

      Papa John’s Will Likely Be Sold in the Next Year, Analyst Says

      Embattled pizza chain Papa John’s International Inc. will probably be bought out in the next year, forecasts Kalinowski Equity Research President Mark Kalinowski. The Wall Street Journal reported Monday that Trian Fund Management LP is assessing a possible takeover bid , sending shares surging in after-hours trading. Shares closed Tuesday up nearly 9%...

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    6. Papa John’s Stock Surges 12% on Report that Activist-Fund Trian Is Mulling a Takeover

      Papa John’s Stock Surges 12% on Report that Activist-Fund Trian Is Mulling a Takeover

      Papa John’s ugly year of turmoil may finally bring shareholders some welcome news: Trian Fund Management , a hedge fund led by activist investor Nelson Peltz, is evaluating a takeover of the pizza chain , the Wall Street Journal reports. The news caused Papa John’s stock to surge 12% late Monday. Other parties, including companies and private-equity funds, have also expressed interest in buying Papa John’s, the Journal said...

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    7. Activist Investors are Gearing up for More Battles in the Year Ahead, Taking Aim at Consumer Stocks

      Activist Investors are Gearing up for More Battles in the Year Ahead, Taking Aim at Consumer Stocks

      Wall Street's top activist investors continue to see more opportunity in consumer products than in any other industry even amid multiple high-profile contests at household names like Procter & Gamble and Campbell Soup. More Wall Street's top activist investors are raising lots of cash and gearing up for battle over the next year, a new report shows...

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    8. Men, Women Disagree on Gov. Mandate to Seat Women on Boards of Directors

      Men, Women Disagree on Gov. Mandate to Seat Women on Boards of Directors

      California is on its way to passing a law that would require all publicly traded companies in the state to have at least one woman on their board of directors by the end of 2019. But while men and women don’t see eye-to-eye on whether they’d want a law like this in their state, they do agree that the decision shouldn’t be up to the government...

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    9. A Team of Traders at Goldman Sachs Made $100 Million Betting on Natural Gas, and it Fueled a Huge Comeback for the Wall Street Bank

      A Team of Traders at Goldman Sachs Made $100 Million Betting on Natural Gas, and it Fueled a Huge Comeback for the Wall Street Bank
      • Goldman Sachs racked up $100 million in the first half trading natural gas, thanks to trades made by Shane Lee, a Calgary-based trader, and his team, according to people with knowledge of the matter.
      • Natural gas prices set records in early January when below-average temperatures accompanied by a snow storm dubbed the Bomb Cyclone led to soaring demand for the commodity, according to Natural Gas Intelligence...
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    10. CEO of the Beverage Giant Behind Corona: Cannabis is one of the 'Most Significant' Growth Opportunities of the Next Decade

      CEO of the Beverage Giant Behind Corona: Cannabis is one of the 'Most Significant' Growth Opportunities of the Next Decade

      Constellation Brands' CEO Rob Sands is "extremely bullish" about the burgeoning cannabis industry . He defended the company's $4 billion purchase of a 38% stake in Canopy Growth on a call with investors on Thursday. "We're not playing defense, we're playing offense," Sands said. The beverage giant behind Corona and Modelo is bullish about the future of the legal cannabis industry...

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      Mentions: Investors CEO stake
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