Tag: Hedge Funds
Billionaire Ken Griffin sues IRS over tax disclosure
Ken Griffin, Citadel, at CNBC's Delivering Alpha, Sept. 28, 2022.Scott Mlyn | CNBCHedge-fund billionaire Ken Griffin has sued the IRS and the Treasury [...]
Hestia Capital could be preparing to shake up the board at Pitney Bowes
Alistair Berg | Digitalvision | Getty ImagesCompany: Pitney Bowes (PBI)Business: Pitney Bowes is a global shipping and mailing company that provides t [...]
An uphill battle could await activist Trian as the firm snaps up a stake in Disney
Handout | Getty Images Entertainment | Getty ImagesCompany: Walt Disney (DIS)Business: Disney is one of the most iconic entertainment companies global [...]
Impactive Capital takes an unprecedented step at Envestnet
Goodboy Picture Company | E+ | Getty ImagesCompany: Envestnet (ENV)Business: Envestnet provides wealth management services and software to the investm [...]
Starboard takes a stake in Splunk. Here’s how the activist investor may help boost margins
Skynesher | E+ | Getty ImagesCompany: Splunk (SPLK)Business: Splunk is a leading provider of application software that collects and analyzes data from [...]
Carl Icahn snaps up shares of canning giant Crown. Here’s how he may build value
Fotog | Tetra Images | Getty ImagesCompany: Crown Holdings (CCK)Business: Crown Holdings is a worldwide leader in the design, manufacture and sale of [...]
Activist Starboard takes a stake in Vertiv, and an opportunity to boost margins is in sight
Kobus Louw | E+ | Getty ImagesCompany: Vertiv Holdings (VRT)Business: Vertiv designs, manufactures and services critical digital infrastructure techno [...]
Starboard takes a stake in Salesforce. Here’s what could be next for the tech giant
Gary Burchell | Getty ImagesCompany: Salesforce (CRM)Business: Salesforce is a global leader in customer relationship management (CRM) technology that [...]
Dan Loeb’s Third Point builds stake in Colgate, sees value in pet food business in potential spinoff
Daniel LoebSimon Dawson | Bloomberg | Getty ImagesDan Loeb's Third Point has built a sizeable stake in consumer giant Colgate-Palmolive, according to [...]
Activist investor Starboard reveals stake in Salesforce, sees significant opportunity
Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John's International Inc.Brendan McDermid | ReutersStarboard Value LP has taken a stake [...]
Young, wealthy investors are turning to alternative investments
More advisors are using alternative investmentsAlternative investments typically fall into four categories: hedge funds, private equity, "real assets" [...]
Activist ESG investing — the Goldilocks of responsible investing
ESG has been an incredible movement. It has had a momentum and acceleration that was seemingly unstoppable, and for good reason. Everyone wants to sav [...]
Starboard snaps up a position in Wix, and building free cash flow may become a focal point
Marco Vdm | E+ | Getty ImagesCompany: Wix.com (WIX)Business: Wix.com is an Israeli information technology company that develops and markets a cloud-ba [...]
Voss backs strategic review at Griffon. An opportunity to build value may emerge
Artistgndphotography | E+ | Getty ImagesCompany: Griffon (GFF)Business: Griffon operates through two segments. Consumer and Professional Products ("CP [...]
Loeb reverses course on push to get Disney to spin off ESPN
Dan LoebJustin Solomon | CNBCActivist investor Dan Loeb indicated that he's going to retreat from his push to get Disney to spin off ESPN, reversing a [...]