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    1. The Battle for CoreLogic Is Heating Up

      The Battle for CoreLogic Is Heating Up

      Real-estate-data firm CoreLogic says a $65-per-share bid by Senator Investment Group and Cannae Holdings undervalues the company. Senator and Cannae are looking for a third investor to push the deal. Joe Raedle/Getty Images There has been a paucity of activist fights to track in 2020, but signs suggest that one of this year’s battles is shaping up to be a bruiser...

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    2. Activist Bets That Office Landlords Face a Tough Post-Covid Reset

      Activist Bets That Office Landlords Face a Tough Post-Covid Reset

      Get ready for an office real-estate reset. At least, that’s what activist investor Jonathan Litt of Land & Buildings , known for agitating for change at Taubman Centers and now-private Hudson’s Bay, expects. Litt has reportedly been betting against stocks of New York City office landlords now that expensive, densely populated urban centers have lost some luste r. “The genie is out of the bottle—you can’t put it back in,” Litt tells Barron’s , adding that he expects lower valuations and rents as owners navigate through the pandemic. “Stay alive until 2025,” he quips. Last week Litt ...

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    3. Activist Investors Join GameStop’s Board. What That Means for the Stock.

      Activist Investors Join GameStop’s Board. What That Means for the Stock.

      GameStop stock jumped Friday after the videogame retailer said that based on preliminary results , two nominees from an activist investor group were elected to its board of directors. Kurtis Wolf and Paul Evans, who were nominated by Hestia Capital Partners and Permit Capital Enterprise Fund, will join the company’s 10-person board. The group beneficially owns 7.3% of GameStop (ticker: GME) shares outstanding...

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    4. Warren Buffett Is Too Cautious; Berkshire Needs an Activist, Investor Says.

      Warren Buffett Is Too Cautious; Berkshire Needs an Activist, Investor Says.

      “Berkshire needs an activist,” says Bill Smead, the lead manager of the Smead Value fund, which counts Berkshire Hathaway among its top 10 holdings. Smead’s comments reflect the frustration of some Berkshire Hathaway shareholders who complain that CEO Warren Buffett has been too cautious during the recent market turmoil...

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    5. Boeing Hosts Annual Shareholders Meeting Monday. What to Expect.

      Boeing Hosts Annual Shareholders Meeting Monday. What to Expect.

      Boeing hosts its annual shareholder meeting on Monday. The timing is a little odd—the meeting comes before first-quarter numbers get reported on Wednesday . (Usually earnings come before annual meetings.) The meeting likely will generate some news and potentially some controversy. But the news won’t be about Covid-19 , the aerospace downturn , or the troubled 737 MAX . Those topics will have to wait until Wednesday...

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    6. SoftBank Says Moody’s Rating Is ‘Biased and Mistaken’

      SoftBank Says Moody’s Rating Is ‘Biased and Mistaken’

      Moody’s chopped its rating on SoftBank Group debt by two notches Wednesday. The move came as a surprise to the Japanese telecom giant, which responded by asking Moody’s to withdraw all of its ratings on the company , arguing that the ratings agency has “biased and mistaken views.” The spat comes at a surprising moment. SoftBank shares (ticker: SFTBY) have had a big run over the last few days, up 55% since Friday...

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    7. It’s Time for Nelson Peltz to Crack the Whip at Aurora Cannabis, Analyst Says

      It’s Time for Nelson Peltz to Crack the Whip at Aurora Cannabis, Analyst Says

      The early hours of the new trading year haven’t been any friendlier to Canadian cannabis stocks. Shares of all the biggest names, aside from Hexo , were down more than 4% just before 2 p.m. on Thursday. Aurora Cannabis stock (ticker: ACB) was down 6%, a bad start for a stock that’s shed 60% of its value in the past year...

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    8. Tesla CEO Elon Musk’s $56 Billion Pay Package Goes to Court

      Tesla CEO Elon Musk’s $56 Billion Pay Package Goes to Court

      Trying to understand executive pay is a guaranteed descent into lunacy. How much pay is too much—or not enough? When does pay incentivize performance—and when does it spawn complacency? Can CEOs be aligned with shareholders by dousing them in stock options? Isn’t excessive pay analogous to certain addictive substances—the more you get, the more you need? When, pray tell, is pay fair? These questions dance around a coming trial in Delaware’s Chancery Court...

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    9. 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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    10. Carl Icahn Is Right to Be Furious About Warren Buffett’s Sweet Occidental Petroleum Deal

      Carl Icahn Is Right to Be Furious About Warren Buffett’s Sweet Occidental Petroleum Deal

      Carl Icahn is seeing red. In a letter Monday blasting Occidental Petroleum ’s management and board, Icahn, the billionaire activist investor and Occidental shareholder, asserted that Warren Buffett took Occidental CEO Vicki Hollub “to the cleaners” when Occidental (ticker: OXY) agreed to issue $10 billion of preferred stock to Berkshire Hathaway (BRK.A) in late April. That preferred carries an 8% dividend yield, and Berkshire also got valuable warrants on Occidental stock...

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    11. 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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    12. Bill Ackman Is Having His Best Year Ever. But Investors Ignore Pershing Square.

      Bill Ackman Is Having His Best Year Ever. But Investors Ignore Pershing Square.

      At age 53, the activist investor Bill Ackman is having the best year of his career . And for those who want to invest alongside him, there is now an opportunity to get in at a big discount. Ackman’s closed-end fund, Pershing Square Holdings (ticker PSH. Netherlands), closed Tuesday at $17.90 a share, a 28% discount to its net asset value of $24.92 on June 30...

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    13. ‘Responsible’ Proxy Voting Is Going Mainstream

      ‘Responsible’ Proxy Voting Is Going Mainstream

      New voting rules from a popular investment adviser mean that some well-known asset managers—including Pimco—are opposing company management at annual shareholder meetings. Typically, proxy season is a springtime ritual during which dissident shareholders voice their frustrations with corporate management, institutional investors side with the CEO, and little is accomplished.

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    14. Carl Icahn Is Taking On Occidental Petroleum. Why That’s Good for the Stock.

      Carl Icahn Is Taking On Occidental Petroleum. Why That’s Good for the Stock.

      Carl Icahn’s latest target is Occidental Petroleum . He has blasted the company for its “hugely overpriced acquisition of Anadarko Petroleum ” and for disenfranchising shareholders by refusing to allow them to vote on the deal . While there is little the activist investor can do to stop the $38 billion acquisition, he is adding to the growing shareholder pressure on Occidental (ticker: OXY)—and that could be bullish for its depressed stock...

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    1-24 of 40 1 2 »
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