Tag #Activist Investing

Showing 1 to 12 of 17 results

theglobeandmail.com
🌐 85% Global Worthiness
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Activist Investor Matt Proud Presses for Change at Three Canadian Companies

Matt Proud, after leaving Dye & Durham, launched campaigns targeting Information Services Corp., Calian Group, and his former company, resulting in strategic reviews and potential sales, showcasing his successful activist investing strategy.

Progress

44% Bias Score

Decent Work and Economic Growth
faz.net
🌐 75% Global Worthiness
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Elliott Pushes RWE for Accelerated Share Buybacks

Elliott Investment Management, a US activist investor, has acquired nearly 5% of RWE, a German energy company, and is pushing for a significantly increased and accelerated share buyback program, influencing RWE's response to recent investment cuts and future capital allocation strategies.

Progress

36% Bias Score

Responsible Consumption and Production
kathimerini.gr
🌐 85% Global Worthiness
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Elliott Pressures BP to Cut Costs, Mirror Shell's Success

Activist investor Elliott Investment Management is pressuring BP to cut costs and divest from renewable energy to increase profitability, mirroring Shell's success, following BP's 2010 Deepwater Horizon disaster which cost over $65 billion and significantly reduced its market value compared to Shell...

Progress

64% Bias Score

Climate Action
theguardian.com
🌐 85% Global Worthiness
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Elliott Management's \$3.8 Billion BP Stake Prompts Company Strategy Reset

Elliott Management, an activist hedge fund, acquired a nearly \$3.8 billion stake in BP, becoming its third-largest shareholder and prompting BP to announce a strategic "reset" potentially involving scaling back its green energy investments.

Progress

48% Bias Score

Climate Action
theguardian.com
🌐 85% Global Worthiness
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BP Profits Plummet, Activist Investor Targets Oil Major

BP's 2024 annual profits fell to $8.9 billion from $14 billion in 2023, prompting activist investor Elliott Investment Management to take a stake in the company and potentially demand major changes, including boardroom shakeups or a company split, amid concerns about BP's green energy strategy and f...

Progress

56% Bias Score

Climate Action
dailymail.co.uk
🌐 75% Global Worthiness
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Smiths Group to Sell Divisions, Return £350 Million to Shareholders

Smiths Group, facing pressure from Engine Capital, plans to sell Smiths Interconnect and Smiths Detection by the end of 2024, returning a large portion of proceeds to investors via share buybacks totaling £350 million in 2025, causing a 13.6 percent surge in its share price.

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Dine Brands Faces Challenges Despite Minimal Insider Buying

Dine Brands' CEO and CFO made small stock purchases totaling $150,000, while the company faces a 70% stock decline since 2021, $1.4 billion in debt, and declining sales; activist investors propose a strategic plan for revitalization.

Progress

56% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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BP to Sell Stake in Solar Business Amid Investor Pressure

Faced with pressure from activist investor Elliott, BP is seeking to sell a 50% stake in its Lightsource solar business and potentially its petrol stations to raise billions of pounds, marking a strategic shift toward increased oil and gas investments and raising concerns about its commitment to ren...

Progress

40% Bias Score

Affordable and Clean Energy
theglobeandmail.com
🌐 85% Global Worthiness
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Elliott's $5 Billion BP Stake Prompts Strategic Reset

Elliott Investment Management, managing $70 billion, acquired a nearly 5% stake in BP, prompting BP to announce a strategic reset and potentially leading to significant divestments; this follows similar large investments in Honeywell and Phillips 66, showcasing Elliott's pattern of targeting major c...

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Elliott Investment Sends BP Shares Soaring

Activist investor Elliott Investment in BP caused a 7.4% surge in BP's shares to 465.15p, prompting speculation about potential company restructuring, leadership changes, and divestment from renewable energy projects due to underperformance compared to rivals.

Progress

60% Bias Score

Climate Action
theguardian.com
🌐 85% Global Worthiness
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Elliott Investment Stake Sends BP Shares Soaring

BP's shares surged 8%—its biggest jump since 2020—after activist investor Elliott Investment Management took a stake, prompting speculation of strategic changes, including board shakeups and a potential return to focusing more on fossil fuels.

Progress

44% Bias Score

Climate Action
dailymail.co.uk
🌐 85% Global Worthiness
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Wall Street Activist Challenges Veteran Stock Picker in London Investment Trust Power Struggle

Boaz Weinstein's Saba Capital is attempting to seize control of seven London-listed investment trusts, including Herald Investment Trust, led by Katie Potts, in a vote today that could reshape the industry.

Progress

52% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 17 results