activist investor

Influential media analyst Craig Moffett of MoffettNathanson downgraded AT&T Inc.(NYSE: T) rating to Sell — a recommendation CNBC's Jim Cramer doesn't agree with. Cramer Says AT&T Bulls Aren't Banking On Guidance  Moffett's bearish stance on AT&T...

Trading volume for shares of HP Inc (NYSE: HPQ) is unusually high in recent days, and Gordon Haskett analyst Don Bilson speculated Wednesday that an activist investor could be targeting the stock. Bilson, who heads event-driven research at the firm, said in a note that a huge spike in recent...

Shares of AT&T Inc. (NYSE: T) gained 9% Monday morning after activist investor Elliott Management confirmed a $3.2 billion stake and detailed how AT&T can generate a potential 65% return. 'The Truth' Elliott Management said in a letter its large investment reflects a "deep...

Activist investor Jana Partners confirmed a stake in Outback Steakhouse parent company Bloomin' Brands Inc (NASDAQ: BLMN) which increases the likelihood the restaurant company will sell itself for at least $25 per share, according to BMO. The Analyst BMO Capital Markets analyst Andrew Strelzik...

Shares of Nielsen Holdings PLC (NYSE: NLSN) moved higher by more than 3.6% Monday following a report of buyout interest from KKR & Co Inc (NYSE: KKR). What Happened A report from Intereconomia said private equity firm KKR is looking to buy Nielsen at $30 per share. Reports of a deal at first...

EQT Corporation (NYSE: EQT) shareholders known as the Rice Team said in a Friday press release that the natural gas producer is deflecting attention from its underperformance ahead of a July 10 annual meeting where the activist investors are backing 12 candidates.  Toby Rice, Derek Rice,...

Activist investor and major Sony Corp (NYSE:SNE) shareholder Third Point released a 102-page presentation titled "A Stronger Sony" Thursday.  The fund, managed by Dan Loeb, argued for the Japan-based company to split up its businesses to better position itself for growth...

Activist investor Carl Icahn didn't wait around for Lyft Inc (NASDAQ: LYFT)'s stock's initial public offering to sell his stake, sources close to the matter told The Wall Street Journal. What Happened Icahn owned around 2.7 percent of Lyft and sold his stake to fellow billionaire...

Cannabis company Aurora Cannabis Inc (NYSE: ACB) said Wednesday it struck a new relationship with Nelson Peltz. The activist investor will serve as a strategic advisor with the aim of helping the company expand globally and better address major cannabis market segments. What To Know Peltz is known...

Shares of Hertz Global Holdings Inc (NYSE: HTZ) traded lower Tuesday morning after activist investor and major shareholder Carl Icahn lowered his stake in the vehicle rental company. What Happened Icahn confirmed in a regulatory filing one of his investment firms, Higher River Limited Partnership,...

Activist investor Carl Icahn and gaming operator Caesars Entertainment Corporation (NASDAQ: CZR) reached an agreement Friday on the composition of the casino operator's board of directors. What Happened Icahn confirmed a 9.8-percent stake in Caesars in February and demanded the...

Casino operator Caesars Entertainment Corporation (NASDAQ: CZR) responded Wednesday to activist investor Carl Icahn's demands for the company to explore strategic alternatives, including a potential sale of itself. Icahn's Stake Icahn confirmed prior media reports he controls a 9.8-percent...

The crowdsourced review platform Yelp Inc (NYSE: YELP) reported Wednesday with fourth-quarter results that easily beat expectations and said it expects revenue to grow at a mid-teens compounded annual growth rate through 2023. Here's how Yelp analysts on the Street reacted to the...

E-commerce company eBay Inc (NASDAQ: EBAY) reported fourth-quarter results Tuesday, days after activist investor Elliott Management announced a stake of more than 4 percent. Here's how the Street reacted. The Analysts Barclays' Ross Sandler maintains an Overweight rating on...

Activist investor Dan Loeb and his Third Point struck an agreement Monday with Campbell Soup Company (NYSE: CPB) in which two of Third Point's slate of directors will be added to the food company's board.  Shares of Campbell Soup moved lower after the announcement, and at least two...