Engaged Capital has developed quite a reputation as an effective activist investor. After successfully advocating for the sale of companies including Jamba Juice and Outerwall, the activist set its sights on steakhouse operator Del Frisco's (NASDAQ: DFRG) . In December 2018, Engaged Capital published a letter to Del Frisco's board of directors in which it disclosed a 9.9% ownership stake and advocated for the company to sell itself. The activist got what it wanted...

FirstGroup has announced it will break up its business, sell Greyhound, and possibly withdraw from UK rail, in the face of pressure from major shareholders . The Aberdeen-based transport group said it would spin off its profitable UK First Bus operations, as it announced surging revenues but still made a £97m pretax loss...

Activist investor Bill Ackman, who runs Pershing Square Holdings (LSE: PSH) , has a large stake in Lowe's (NYSE: LOW) . Along with fellow activist investor D.E. Shaw, Ackman shook up company management last year when he installed ex- J.C. Penney CEO Marvin Ellison at the helm, with the goal of improving operating metrics against better-performing rival Home Depot . Ellison took over at the home-improvement giant last July, but apparently, things are off to a rockier-than-anticipated start...

It's the great media paradox: while the amount of content expands, the number of traditional media companies keeps shrinking. CBS is expected to continue talks in the coming weeks with Lions Gate about buying Starz, the premium entertainment network LionsGate owns, according to people familiar with the matter...

LONDON (Reuters) - Greenpeace activists blocked the entrance to BP's London headquarters on Monday, demanding one of the world's biggest energy companies ends all new oil and gas exploration or goes out of business...

REUTERS/Denis Balibouse More By Michael Shields ZURICH (Reuters) - Nestle SA has entered exclusive negotiations to sell its skin health business to a consortium led by EQT Partners and Abu Dhabi's ADIA in a deal worth 10.2 billion Swiss francs ($10.1 billion), it said on Thursday...

LONDON (Reuters) - Standard Chartered could face a shareholder rebellion on Wednesday over the bank's pay plans for senior executives, the latest in a series of potential revolts over bosses pension payouts at top British firms...

(Reuters) - SAP CEO Bill McDermott on Tuesday welcomed a $1.3 billion (993 million pounds) investment by activist investor Elliott, saying the U.S. hedge fund group was aligned with his goal of expanding margins by driving top-line growth. "They have been a fantastic investor. I am very proud they have chosen SAP," McDermott told reporters on Tuesday at Sapphire Now, SAP's annual U.S. user conference in Orlando, Florida...

The seven big bank CEOs who testified on Capitol Hill Wednesday morning are facing pressure over their lavish compensation. In an exchange between New York Democrat Nydia Velázquez and Citigroup CEO Michael Corbat, Velázquez asked Corbat to defend the fact that his $24.2 million yearly salary for 2018 was 486 times his own company’s median worker salary at $49,466. “I don’t think that’s fair for me to judge,” Corbat said...

(Reuters) - Activist investor Starboard Value LP said on Friday it was withdrawing its nominations for directors at Dollar Tree Inc's board, saying that it was pleased with the company's decision to test multiple price points at its stores. Starboard in January pushed for changes at the discount chain, seeking to capitalize on criticism from some investors and analysts that Dollar Tree should consider raising prices for some products to more than $1...

The usual modus operandi of the activist investor is simple: Locate a company that's being poorly run, figure out what it could be doing better to "unlock its value," and then leverage a stake in the company to convince management to try that strategy. Last week, three activist investing firms got together to take matters up a notch with Bed Bath & Beyond (NASDAQ: BBBY) . The opening step of their plan is to replace the CEO and the entire board of directors. The stock, in response, shot up 25%...

REUTERS Sen. Tammy Baldwin is the latest lawmaker to take aim at corporate buybacks. The Democratic senator from Wisconsin — and frequent critic of share repurchases— is introducing a bill to ban open-market stock buybacks. On Tuesday, Baldwin also released a report that examines the impact of stock buybacks on workers, companies and the economy. Baldwin and other Democratic senators will hold a hearing examining buybacks on Tuesday afternoon...

LONDON (Reuters) - Barclays urged shareholders on Tuesday to reject activist investor Edward Bramson's bid for a seat on the bank's board, saying he lacks the necessary experience and has different financial incentives to other investors...

(Reuters) - Activist investor Barington Capital on Tuesday urged L Brands to separate its Victoria's Secret and Bath & Body Works businesses, in an effort to turn around the struggling consumer brands owner...

The other news from Ted Baker – aside, that is, from founder and chief executive Ray Kelvin’s resignation – was the revelation that chairman David Bernstein will hang around until “no later than” November 2020...

The oil industry is kind of stuck between a rock and a hard place. Investors are growing impatient with even the largest oil companies, as the FT reported. In the short run, low oil prices, and the threat of higher U.S. shale supply, completely saps investor enthusiasm around the oil industry. But in the long-term, the prospect of peak oil demand is an even larger problem...

LONDON (Reuters) - Britain's top companies face a red warning if they don't have more than one woman on their board, the Investment Association said on Thursday, adding to pressure for more female representation at top levels of management. The body which represents big asset managers said it was expanding its traffic light system which guides big investors on whether a company is complying with best practice in areas of governance such as executive pay...

(Reuters) - Activist investor Edward Bramson's bid to join the Barclays board is destined to fail, shareholders told Reuters, though he has sharpened scrutiny of its investment banking strategy that Bramson argues has depressed profitability...

Hedge fund manager Bill Ackman is on the comeback trail. His fund Pershing Square is up 24.7 percent in 2019 through Tuesday, according to the fund's website. The fund has made a number of headlines in the past year for new stakes in Starbucks and Hilton Worldwide Holdings...

Activist investor Daniel S. Loeb's hedge fund $17 billion Third Point LLC exited its positions in Alibaba ( BABA ), Microsoft ( MSFT ), and Netflix ( NFLX ) during the fourth quarter, according to the fund's latest 13-f filing . During the quarter, Third Point sold its 1.25 million shares of Netflix, 4.1 million shares of Microsoft, and 4.045 million shares of Chinese e-commerce giant Alibaba, the filing shows...

Activists are circling the U.S. banking industry as lenders struggle to distinguish themselves amid increased competition. More Activist investors are turning their attention to the U.S. banking industry, which many see as ripe for a new merger wave as lenders struggle to distinguish themselves amid intensifying competition...

Elliott Management's recently announced $1.4 billion stake in eBay could create real value if eBay's leaders cooperate with the activist hedge fund, CNBC's Jim Cramer said Friday. "The guys at Elliott have some great ideas that could potentially make shareholders a lot of money. At the same time, eBay's management team is a lot better than you might think if you were only looking at the stock's recent performance," he said on "Mad Money."...

REUTERS/Jonathan Bachman More By Ron Bousso LONDON (Reuters) - BP has agreed to broaden its disclosure on greenhouse gas emissions to show how it thinks future investments in oil and gas align with U.N.-backed climate goals, it said on Friday...

(Reuters) - Jet Airways Ltd said on Monday it would seek shareholder approval next month to convert existing debt into equity, part of efforts by the cash-strapped Indian airline to resolve its financing problems...