1. Articles from Al Root

    1-5 of 5
    1. S&P 500 Companies Still Use Private Jets. They Just Don’t Want to Talk About It.

      S&P 500 Companies Still Use Private Jets. They Just Don’t Want to Talk About It.

      The National Business Aviation Association , or NBAA, show started in Las Vegas on Tuesday. It’s like a car show, but with jets—a hot topic these days. Private jet use is in the spotlight after an activist criticized Emerson Electric ’s (ticker: EMR) private jet “fleet” when arguing for lower costs. Many companies use private jets—including PG&E (PCG) and Facebook (FB)—but they don’t tend to advertise it...

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    2. United Technologies CFO Defends Raytheon Deal

      United Technologies CFO Defends Raytheon Deal

      Investors haven’t seemed happy about United Technologies’ blockbuster deal to merge its aerospace division with defense contractor Raytheon. But United Tech’s latest quarterly results show shareholders have no reason to worry, according to the industrial conglomerate’s CFO. CFO Akhil Johri is excited by the potential Raytheon merger benefits and believes the market may be missing several key benefits. To start, he highlighted United Tech’s strong record for past deals...

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    3. Campbell Soup Is Bracing for a Showdown With Activist Investor Third Point

      Campbell Soup Is Bracing for a Showdown With Activist Investor Third Point

      Mark Nov. 29 on your calendar. That’s the day Campbell Soup (ticker: CPB), in a full proxy filed Thursday, set for the showdown between the company and activist investor Third Point, which is seeking to replace the entire Campbell Soup board. To say Third Point was unimpressed with Campbell’s recent strategic review would be an understatement...

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    1-5 of 5
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