activist investor

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...

Notable activist investor Dan Loeb may have a proxy war on his hand after a New York Post report said Campbell Soup Company (NYSE: CPB) isn't looking to sell itself. What Happened Loeb's activist hedge fund Third Point and company heir George Strawbridge own an approximately 8.4-percent...

Activist investor Carl Icahn owns a 9.4-percent stake in AmTrust Financial Services Inc (NASDAQ: AFSI) and is continuing his activist campaign against the casualty insurance company. What Happened Icahn, one of AmTrust Financial's biggest shareholders, argued in an open letter to the company...

An activist investor campaign that's targeting margin expansion at Akamai Technologies, Inc. (NASDAQ: AKAM) led KeyBanc Capital Markets to drop its bearish stance on the cloud services company.  The Analyst KeyBanc's Brandon Nispel upgraded Akamai...

Shares of Lowe's Companies, Inc. (NYSE: LOW) have gained nearly 40 percent over the past year, but Jefferies sees room for upside ahead.  The Analyst Jefferies' Daniel Binder upgraded Lowe's' stock rating from Hold to Buy with a price target boosted from $81 to $129. The...