Mariah Summers
Trian Partners, Like Other Giant Hedge Funds, Is A Big Fan Of The Mystery Stock
Nelson Peltz's giant hedge fund is currently holding a position that makes up 11% of the entire $5.8 billion fund's portfolio, but has not had to reveal what the name of the stock is, even after the quarter's filing deadline has passed. This isn't the first time the SEC has allowed the fund, as well as other large managers, to withhold a major filing, and some smaller activist hedge funds are questioning the fairness of the practice.
Mariah Summers
Here's How Hedge Fund Managers Make All That Money
A new report out today from Citi details findings that show hedge fund assets will swell to nearly $6 trillion in the next four years, doubling the size of the industry. At fees of 2% of assets and 20% of profits, members of the at-times controversial industry stand to make a lot of money.
Mariah Summers
Movie Theater Chain AMC Entertainment Hot Among Hedge Funds As Summer Movie Season Heats Up
The newly public AMC Entertainment was the favorite stock of hedge funds in the first quarter, and analysts say the company is on a tear, buoyed by projections of a better-than-expected summer blockbuster season.
Mariah Summers
Hedge Funds Are Betting The Roomba Will Short Circuit
Spruce Point Capital released a report today that details why iRobot, the company that makes the Roomba robotic vacuum, is a short target for them and other hedge funds.
Mariah Summers
Hedge Funds Band Together To Strike Down "Horrific" Sale Of Red Lobster
Barington Capital announced its support of a shareholder vote to kill the "fire sale" of Red Lobster to the private equity firm Golden Gate Capital. "Blatant disregard for shareholder interest."
Mariah Summers
9 Life Lessons The World's Highest-Earning Hedge Fund Manager Knows To Be True
Speaking at the SALT 2014 Conference in Las Vegas, Appaloosa Management's David Tepper served up more than a few opinions, platitudes, and general lessons on life.
Mariah Summers
Activist Hedge Fund Takes Stake In One Of The Healthiest Diet Companies You've Probably Never Heard Of
Engaged Capital is betting that Medifast is the anti-Herbalife.
Mariah Summers
Whole Foods Stock Falls 20%, Dragging Down The Entire Organic Grocery Industry
After announcing its growth had flatlined due to mounting competition in the organic grocery space, shares of Whole Foods stock plummeted more than 20% and dragged down its specialty grocery peers.
Mariah Summers
20-Somethings Don't Want To Own Homes, Says One Hedge Fund Manager
At least that's the bet one hedge fund manager is making, shorting the home building sector on the belief that a "generational shift" is creating permanent renters.
Mariah Summers
The "Poison Pill" Defense Has Its Day In Court
Shareholder rights plans, commonly called "poison pills" because they limit the amount of stock an investor is able to acquire, are increasingly being used by companies against activist investors. But hedge fund manager Dan Loeb is mounting a court challenge to its relevancy in his battle against auction house Sotheby's.
Mariah Summers
Shareholders Turn Up The Heat On Domino's Pizza CEO Pay
On Tuesday, shareholders of Domino's Pizza will decide whether to oust the chairman of its compensation committee, who granted a $43 million, three-year payout to the company's CEO under terms that industry observers say are unprecedented.
Mariah Summers
How A Bold, Barely Legal Takeover Attempt On A Botox Maker Upended The Deal World
Hedge fund manager Bill Ackman's latest move has some praising him as a deal genius and others saying it is an example of everything wrong with corporate America, activist investing, and regulatory law.
Matthew Zeitlin
Martyrs, Naysayers, And New Blood: How To Build The Best Corporate Board
As interest in sitting on a corporate board builds along with activist investing, it’s becoming increasingly important that companies select the best directors. Industry experts discussed what makes the best candidates at an IPO preparedness event today at the New York Stock Exchange.
Mariah Summers
Employees Often End Up The Losers In Activist Investing Campaigns
Experts say that while activist investing campaigns can be great for shareholders, they often result in job losses, stagnating wages, and increased hours for employees. One such example can be seen in the impending integration of Jos. A. Bank into Men's Wearhouse, a merger that resulted from a fiercely contested activist investing campaign.
Mariah Summers
Tiny Whiskey Company Wild Geese Goes To Battle With Liquor Giant Bacardi Over Trademark Law
Wild Geese is trying to change intellectual property laws to create an equal playing field for brands big and small in its fight with Bacardi.
Mariah Summers
Twitter Execs Will Hang On To Their Stock For Now
The newly public company's leadership announced they will not sell their stock once they are eligible to do so for the first time next month.
Mariah Summers
Zoë's Kitchen Knocks IPO Out Of The Park, Beating Expectations As Stock Surges
The fast-casual Mediterranean dining chain began trading on the New York Stock Exchange at $25.65, more than $10 higher than its pricing of $15 per share.
Mariah Summers
Hunger For Food-Related IPOs Grows Among Investors
Shares of food-related companies have seen big pops on the first day of trading over the last year. Tomorrow's public markets debut of Zoës Kitchen is expected to be one of the biggest in the sector.
Mariah Summers
Cupcakes, Teddy Bears, And Egg Cartons Among Hedge Fund Managers' Hot Picks
BuzzFeed scored an invite to the 2014 Value Investing Congress in Las Vegas, where hedge fund managers from across the country and around the world come to divulge their favorite longs and shorts, and place a few other bets in the process. Here's the scoop on what's hot and what's not.
Mariah Summers
What Happens When You Don't Take Carl Icahn's Advice
Sometimes the billionaire activist pushed for a change that didn’t come, and companies fared better than if they’d heeded his advice, data shows. Most times, Carl Icahn made a lot of money.
Mariah Summers
