1. Articles from wsj.com

  2. 1-24 of 381 1 2 3 4 ... 14 15 16 »
    1. Activist Investor Mantle Ridge Has $1.8 Billion Stake in Dollar Tree

      Activist Investor Mantle Ridge Has $1.8 Billion Stake in Dollar Tree

      Activist investor Mantle Ridge LP has a $1.8 billion stake in Dollar Tree Inc. and plans to push the discount retailer to take action to boost its share price, according to people familiar with the matter. Mantle Ridge believes Dollar Tree could ignite its underperforming shares by making improvements to its Family Dollar chain and its pricing strategy, the people said...

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    2. One of America’s Toughest CEO Jobs: Fixing PG&E

      One of America’s Toughest CEO Jobs: Fixing PG&E

      As a California wildfire was exploding in July to become the state’s second-largest ever, Patti Poppe made an executive decision. The chief executive of PG&E Corp. traveled to the town of Chico, in fire-ravaged Butte County, and declared that the utility would spend as much as $20 billion to bury 10,000 miles of power lines like the one that had likely sparked the fire burning out of control just miles away...

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    3. Politan Capital Management Has Roughly $900 Million Stake in Centene

      Politan Capital Management Has Roughly $900 Million Stake in Centene

      An activist investor has taken a big stake in Centene Corp. and wants the managed-care company to refresh its board and take other actions to boost its stock, according to people familiar with the matter. Politan Capital Management LP, a newly established hedge fund led by veteran activist Quentin Koffey, has a roughly $900 million stake in Centene and has spoken to the company about replacing several board members, the people said. It couldn’t be learned if Centene is receptive...

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    4. Shell Argues Against Activist Investor’s Call to Split

      Shell Argues Against Activist Investor’s Call to Split

      LONDON—The chief executive of Royal Dutch Shell PLC defended the energy giant’s business model on Thursday, a day after activist investor Third Point LLC called for the breakup of the company to improve its environmental and financial performances. Ben van Beurden said that the needs of Shell’s customers, and the company’s efforts to pivot away from fossil fuels, were better served by keeping its range of assets and businesses...

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    5. Third Point Has Big Shell Stake, Urges Energy Giant to Break Up

      Third Point Has Big Shell Stake, Urges Energy Giant to Break Up

      Daniel Loeb’s Third Point LLC has taken a large stake in Royal Dutch Shell RDS.A +2.79% PLC and is urging the oil giant to separate into two companies to retain and attract investors as many flee stocks seen as environmentally unfriendly.  The activist’s stake is worth well over $500 million, making it one of the Anglo-Dutch company’s largest investors, people familiar with the matter said...

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    6. BlackRock’s Wish Is Your Command

      BlackRock’s Wish Is Your Command

      It’s not enough for socially enlightened masters of finance like BlackRock and Nasdaq to push around publicly traded companies. Now they want the Securities and Exchange Commission to impose their social and political agenda on all companies, including private firms. The SEC is expected soon to propose rules requiring companies to publicly disclose climate, board diversity and human-capital metrics...

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    7. Today’s Tech Founders Don’t Just Own the Company. They’re Also Getting Huge Pay Packages.

      Today’s Tech Founders Don’t Just Own the Company. They’re Also Getting Huge Pay Packages.

      Archer Aviation Inc. is years from producing its only planned product, a four-passenger electric air taxi that the main U.S. regulator hasn’t yet certified. It hasn’t generated any revenue. Still, the co-founders of this three-year-old company got a huge payday last month, a $99 million special stock award that stands to quadruple if Archer hits other milestones—thanks to a compensation package they negotiated before it listed publicly on Sept. 17...

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    8. Jana Partners Takes Stake in Macy’s, Urges Spin Off of E-Commerce Business

      Jana Partners Takes Stake in Macy’s, Urges Spin Off of E-Commerce Business

      An activist shareholder has taken a stake in Macy’s Inc. and is urging the famed retailer to spin off its fast-growing e-commerce business, according to people familiar with the matter. Jana Partners LLC on Wednesday sent a letter to the company’s board prodding it to separate the online unit, which has about $8 billion in annual revenue, the people said...

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    9. SEC Proposal Seeks Transparency in How Money Managers Wield Vast Voting Power

      SEC Proposal Seeks Transparency in How Money Managers Wield Vast Voting Power

      The Securities and Exchange Commission proposed a rule that would require money managers to disclose more information on how they use their voting power. When investors buy a mutual fund and exchange-traded fund from an asset manager, the money manager votes on shareholder proposals on behalf of the investors. Shareholder votes extend from issues from executive compensation to a company’s efforts to address climate change...

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    1-24 of 381 1 2 3 4 ... 14 15 16 »
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