1. Articles from dealbook.nytimes.com

  2. 97-118 of 118 « 1 2 3 4 5
    1. Schwab Case Casts Spotlight on Securities Arbitration and its Flaws

      Schwab Case Casts Spotlight on Securities Arbitration and its Flaws

      Class-action lawsuits are the bane of most financial firms, and many recoil at the prospect of paying out millions to groups of clients if investments go sour. Now, the discount brokerage firm Charles Schwab & Company finds itself at odds with regulators as it seeks to eliminate the option of such suits for its clients...

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    2. A Lesson for Boardroom Battles

      A Lesson for Boardroom Battles

      Proxy access may be dead in the United States, but it lives in Israel, to the great regret of Taro Pharmaceutical Industries.  Taro is facing a proxy battle involving two external directors nominated by the asset management firm BlueMountain Capital Management. While unfortunate for Taro, it all shows an alternative universe of what, for better or worse, could have happened had proxy access been in place in the United States...

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    3. Activists Seek Short-Term Gain, Not Long-Term Value

      Activists Seek Short-Term Gain, Not Long-Term Value

      Activist investors are making waves in the stock market, but their game has changed. Instead of taking on sluggish, poorly managed businesses, they want to restructure many of the world’s most profitable, best-managed companies. Their targets — PepsiCo, Apple,TargetWhole FoodsProcter & Gamble, Kraft and Dell— represent the gold standard of corporate governance. These companies are run by highly engaged, professional leaders...

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    4. Third Point Hedge Fund Increases Sotheby's Stake

      Third Point Hedge Fund Increases Sotheby's Stake

      The activist investor Daniel S. Loeb disclosed on Monday that he had acquired a large stake in the auction house Sotheby’s, sending its shares up 3 percent.  Mr. Loeb’s hedge fund, Third Point, is now one of Sotheby’s biggest shareholders, with a 5.7 percent stake, according to a filing with the Securities and Exchange Commission. Third Point joins two other funds, Trian Partners and Marcato Capital, among the company’s top shareholders...

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    5. Ackman Acknowledges "Mistakes" in Letter to Investors

      Ackman Acknowledges "Mistakes" in Letter to Investors

      The activist investor William A. Ackman had some explaining to do.  After a turbulent few months, in which he resigned from the board of J.C. Penneyand continued to experience losses on his bet against Herbalife, Mr. Ackman, the head of Pershing Square Capital Management, wrote to his investors on Tuesday to provide some context on the recent headlines...

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    6. Icahn's Plan for Apple Could Benefit Shareholders

      Icahn's Plan for Apple Could Benefit Shareholders

      Apple may be Carl Icahn’s easiest activist campaign ever.

      Mr. Icahn, the 77-year-old billionaire, disclosed on Tuesday through Twitter that he had taken a big position in the firm. It may be one of the most valuable tweets to date: worth $142 million a character, based on the roughly $20 billion it added to the company’s market value on Tuesday. His message was as simple as the medium – Apple should buy back more stock and fast. It would be a smart, relatively effortless move.

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      Mentions: Shareholders
    7. Investing in Good Governance

      Investing in Good Governance

      By LUCIAN A. BEBCHUK The Rules columnist says that by 2001, the stock market seems to have learned to price how good-governance and poor-governance companies. Beth A. Keiser/Associated PressThe Rules columnist says that by 2001, the stock market seems to have learned to price how good-governance and poor-governance companies. Can investors generally beat the market by concentrating their portfolios on companies that practice good corporate governance? There

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    8. ISS Backs Two Starboard Nominees for AOL Board

      I.S.S. Backs Two Starboard Nominees for AOL Board By MICHAEL J. DE LA MERCED Article Tools * E-mail * Print * * Recommend * Share Close + Tumblr + Digg + Linkedin + Reddit + Permalink + Institutional Shareholder Services recommended late on Saturday that AOL investors vote for two of three board candidates named by Starboard Value L.P., an activist hedge fund. I.S.S., the biggest proxy advisory firm that advises shareholders on corporate governance matters, said that two of Starboard’s nominee

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    9. A New Diversity Monitor for the S.E.C. - NYTimes.com

      A New Diversity Monitor for the S.E.C. - NYTimes.com

      A New Diversity Monitor for the S.E.C. By KEVIN ROOSE Brendan Hoffman/Bloomberg News 8:52 a.m. | Updated A provision of the Dodd-Frank Act aimed at bringing more women and minorities to the male-dominated world of finance is moving one step closer to being implemented, after the Securities and Exchange Commission announced this week that it had named Pamela A. Gibbs to head its recently created Office of Minority and Women Inclusion. The provision, which was proposed by Representative Maxine

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    97-118 of 118 « 1 2 3 4 5
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