1. Articles from wsj.com

  2. 97-120 of 221 « 1 2 3 4 5 6 7 8 9 10 »
    1. Washington’s Not So Big Short

      Washington’s Not So Big Short

      The U.S. government has finally admitted in court what everyone else has known all along: Washington is not going to spot the next financial disaster before it occurs. In appealing their legal defeat to MetLife, the feds have been forced to acknowledge the false premise at the heart of the 2010 Dodd-Frank Act. Dodd-Frank created the Financial Stability Oversight Council, which is supposed to determine which firms are most likely to trigger a future crisis....

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    2. Icahn Snaps Up Falling Hertz Shares

      Icahn Snaps Up Falling Hertz Shares

      Investor Carl Icahn more than doubled his stake in Hertz Global Holdings Inc. on Tuesday, the same day the rental-car firm’s stock plunged in the wake of disappointing financial results and a lowered annual outlook. The activist investor swooped in to purchase 15 million shares, boosting his ownership in the car-rental company to more than a third. Hertz shares at one point earlier in the day had fallen 50%. Hertz shares...

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    3. Activist Paul Singer Expects Positive Change at Samsung

      Activist Paul Singer Expects Positive Change at Samsung

      LAGUNA BEACH, Calif.—Activist investor Paul Singer doesn’t think conflict is brewing with Samsung Electronics Co., one of the latest targets in his quest to push for changes that benefit shareholders. He said he is encouraged by Samsung’s public comments that leaders of the South Korean company are receptive to the ideas recently put forward by...

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    4. Morgan Stanley’s ‘High-Class’ Problem

      Morgan Stanley’s ‘High-Class’ Problem

      Morgan Stanley’s turnaround plans are on track. Shareholders, including activist investor ValueAct, should be pleased with the bank’s progress. Like other U.S. investment banks, it got a boost from strong trading activity in the third quarter. Fixed-income sales and trading revenue rose by 61% from a year earlier to $1.5 billion. This is especially encouraging because Morgan Stanley has made significant cuts to this business,...

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    5. Shareholder Activism Bolsters Knight Vinke’s Flagship Fund

      Shareholder Activism Bolsters Knight Vinke’s Flagship Fund

      Shareholder activism is on the rise in Europe. For one Monaco investor, it is paying off. Activist investor Knight Vinke Asset Management, boosted by a stake in a French electronics company that was engaged in a bidding war, posted a third-quarter return of 14.8% in its flagship fund. This took year-to-date returns to 49.6.%, according to an investor letter seen by The Wall Street Journal. The firm, under founder Eric Knight, manages... 

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    6. Longtime Activist Investor Ralph Whitworth Dies After Cancer Battle

      Longtime Activist Investor Ralph Whitworth Dies After Cancer Battle

      Ralph Whitworth, a leading pioneer in activist investing who sparked change at companies like Home Depot Inc. and Hewlett-Packard Co., died Thursday at the age of 60. A founder of Relational Investors LLC, Mr. Whitworth served on 11 U.S. corporate boards, including as a chairman at H-P. Over his career, he confronted some of the biggest corporate titans helping to oust CEOs such as Robert Nardelli from Home Depot, Gary Forsee of... 

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    7. Whipping Wells Fargo

      Whipping Wells Fargo

      Wells Fargo CEO John Stumpf learned the main lesson of post-Dodd-Frank American finance on Tuesday as he absorbed abuse from U.S. Senators. Bankers work for the government, and they better realize that any mistake will be punished accordingly. By now everyone knows that Warren Buffett’s favorite bank failed customers when employees at Wells opened accounts without customer authorization...

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      Mentions: MDC Partners
    8. Weight Watchers’ CEO James Chambers Is Stepping Down

      Weight Watchers’ CEO James Chambers Is Stepping Down

      Weight Watchers International Inc. said its chief executive had resigned and the company’s most-famous director, Oprah Winfrey,will help select his successor. James Chambers, 58 years old, who has run the weight-loss company for the past three years, will leave at the end of the month. He will be succeeded on an interim basis ...

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    9. A Fitter Perrigo Is in Activists’ Interest

      A Fitter Perrigo Is in Activists’ Interest

      Activist investors have the facts on their side in a tussle with Perrigo,but they may want to sharpen their focus. The hedge fund Starboard Value has accumulated a 4.6% stake in the embattled drug company and is urging it to consider selling certain assets, which would reduce leverage and better streamline the company’s portfolio. Perrigo shares rose ...

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    10. Morgan Stanley Is Dealt a Challenge

      Morgan Stanley Is Dealt a Challenge

      The arrival of an activist investor in Morgan Stanley’s stock is both a validation of the strategy pursued by Chief Executive James Gorman and a challenge to articulate and execute it better. ValueAct Capital Management LP, a $16 billion hedge fund with a penchant for high-profile turnaround stories, unveiled a $1.1 billion stake in Morgan Stanley on Monday and, in a letter to the fund’s own investors, showed support for Mr. Gorman’s... 

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    11. Wall Street Pushes Back on Proposed Rules on Executive Compensation

      Wall Street Pushes Back on Proposed Rules on Executive Compensation

      WASHINGTON—Wall Street is fighting new rules on how executives are paid, portraying a recent proposal as a “one size fits all” approach that is “overly prescriptive.” Financial institutions and trade associations submitted more than three dozen comment letters, offering a litany of criticisms about a revised plan to overhaul Wall Street pay in response to the financial crisis...

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    12. Pay Inequality Poses a Concern in Boardrooms, Too

      Pay Inequality Poses a Concern in Boardrooms, Too

      Questions about pay equity have been making waves in corporate offices. They may be moving into the boardroom, too. Researchers at the University of Missouri have found that among nonemployee corporate directors, women and minorities make less than their nondiverse counterparts. Female directors earn on average $7,000 less a year than fellow board members, while minorities come up $5,000 short, according to the research, published in... 

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    97-120 of 221 « 1 2 3 4 5 6 7 8 9 10 »
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