Activist investors

Activist investor Barington Capital Group joins a growing chorus of dissatisfied Victoria's Secret (NYSE:VSCO) shareholders. What Happened: The firm now holds more than 1% of the lingerie retailer's stock and plans to increase its position. Its campaign follows a sharp stock decline—more than 50%...

Trian Partners founder and CEO Nelson Peltz has nominated himself and former Walt Disney Co (NYSE:DIS) CFO Jay Rasulo to Disney’s board as part of his ongoing proxy fight with the entertainment giant. What To Know: Trian Partners previously announced it would nominate two...

Walt Disney Co (NYSE: DIS) CEO Robert Iger faces a new challenge as activist investor Nelson Peltz is planning to fight for a seat on the company’s board. What Happened: Peltz's Trian Fund Management executives met with Disney’s top...

A Walt Disney Company (NYSE: DIS) analyst is calling for a spinoff many have suggested for the media giant over the years. While previous CEO Bob Chapek was against spinning off ESPN and ABC, the analyst sees newly appointed CEO Bob Iger as being in favor of the change. What Happened: Disney...

Carl Icahn became known as the “corporate raider” in the 1980s, after profiting from the hostile takeover and asset stripping of Trans World Airlines. Icahn is the founder and controlling shareholder of Icahn Enterprises (NASDAQ: IEP), which is run by the investment subsidiary Icahn...

Dan Loeb and Bill Ackman are billionaire activist investors who own hedge funds Third Point Management and Pershing Square Capital Management, respectively. Both have been outspoken in the media this year, as Loeb wanted Disney to sell its unprofitable ESPN segment. After that, Loeb directed his...

Activist investor Ryan Cohen is a person who can move the markets with a tweet. A tweet from Cohen on Monday night has investors speculating on what could be coming for GameStop Corporation (NYSE: GME), a company that counts Cohen as an investor and the chairman. What Happened: On Monday, Oct. 17...

Shares of Bed Bath & Beyond Inc (NASDAQ: BBBY) were surging Monday on the heels of news that Ryan Cohen took a stake in the company and is pushing for changes. Here’s a look at how Cohen’s biggest e-commerce bets have fared. What Happened: It was announced over the weekend...

An activist investor group is putting pressure on toy company Hasbro Inc (NASDAQ: HAS) to spinoff one of its fastest growing segment. Here are the details of the proposal and how it could be a good idea for the company. What Happened: Alta Fox Capital is proposing that Hasbro complete a tax-free...

Heading into a new trading week, here is a quick roundup of the top five stories from the technology, corporate and cryptocurrency sectors that investors would not want to miss out on from the weekend. 1. Alibaba, Tech Stocks Tumble In Hong Kong: Shares of U.S.-listed Chinese companies —...

The activist investor group seeking changes at asset-light trucking and logistics company Forward Air (NASDAQ: FWRD) issued another letter to shareholders Tuesday. The group provided its summary on Forward's fourth-quarter earnings results as well as a rebuttal to Forward's take on the recent...

In an open letter to shareholders on Wednesday, activist investor Ancora Advisors announced that it has nominated four candidates for election to the board of asset-light trucking and logistics company Forward Air (NASDAQ: FWRD). After unsuccessful discussions between the board and the investor...

Even with an 8-8 record and a streak of missing the NBA playoffs for seven straight seasons, the New York Knicks could be a value play. Madison Square Garden Sports Corp (NYSE: MSGS): The New York Knicks are owned by Madison Square Garden Sports, along with the NHL’s New York Rangers...

Asset management firm Trian Fund Management LP has taken up a $900 million position in Comcast Corporation (NASDAQ: CMCSA) stock, it revealed in a filing with the United States Securities and Exchange Commission.  The hedge fund manages a multi-billion dollar portfolio and is known for...

Hedge fund and activist investor Elliott Management Corp. expanded its long-held stake in SoftBank Group Corp - ADR (OTC: SFTBY) last year to about 3%, according to The Wall Street Journal. The $2.5 billion bet makes SoftBank one of Elliott’s largest investments. “Elliott’s...