GLENDALE, CALIF. -- If IHOP Corp. completes its pending $2.1 billion acquisition of Applebee's International Inc., it could create a company that boasts systemwide sales of $6.8 billion and, in time, two successful turnaround stories under one umbrella.
Efficient Capital Structures wants Vodafone to return 73p per share to investors by gearing up and capping acquisition sizes Tim Bradshaw Efficient Capital Structures wants Vodafone to return 73p per share to investors by gearing up and capping acquisition sizes Tim Bradshaw
BOSTON -- CalPERS CEO Fred Buenrostro, selected as the most influential player in the first corporate governance ranking by Directorship magazine will address the 8th annual Directorship Institute on December 11 in New York. Buenrostro will speak at a dinner that opens a two-conference conference and honors recipients named to...
Perhaps counterintuitively, Nelson Peltz's decision to sell his stake in Starbucks could be seen as a vote of confidence in the struggling coffee chain's management. Investors seem to think so – they've sent Starbucks' shares way up as of midday Thursday. Peltz,...
An investment advisor whose activist tactics caused a seismic shift at newspaper publisher Knight Ridder Inc. has become the No. 1 institutional holder of software maker CA Inc. with a stock position worth about $2.4 billion.The 86.5 million shares controlled by Private Capital Management, as of Sept. 30, make it...
Nelson Peltz, the billionaire investor agitating for change at the top of H. J. Heinz, has amassed a significant stake in Chicago media giant Tribune. Mr. Peltz's investment fund bought about 2.83 million shares in the quarter ended June 30, about 1% Nelson Peltz, the billionaire...
Byline: STEVEN R. STRAHLER Carl Icahn is gaining support from Motorola Inc. shareholders, increasing the likelihood the activist investor will land a seat on the company's board next week. Despite CEO Edward Zander's recent lobbying of large in Byline: STEVEN...
SAN FRANCISCO -- Yahoo's shareholders meeting -- which once looked as if it would be a proxy showdown -- is shaping up as a non-event. Now that the Internet icon has settled its dispute with activist investor Carl Icahn -- he and two supporters will be named to...
iiBIG presents the 2nd Annual Distressed &Turnaround Investment Forum, scheduled for September 22-23, 2008, in LasVegas. Following last year's successful forum with over 200 in attendance,this event will review such topics as the structural analysis of the market"meltdown," credit crunch, and resulting investment opportunities; thecurrent role of hedge funds, asset-based...
Successful stock investor who gave millions to encourage the rational exploration of spirituality John Templeton was a highly successful stock investor who, starting in 1937, made a fortune on Wall Street and by mid life had become a philanthropist noted for encouraging rational...
CHICAGO -- Zacks Equity Research highlights Baker Hughes, Inc. (NYSE: BHI) as the Bull of the Day and CSX Corporation (NYSE: CSX) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on TRW Automotive Holdings (NYSE: TRW), Kinross Gold (NYSE: KGC) and Ultimate...
Activist investor's children's foundation has so far made disbursements of less than 5% of its value Virtually all the 800m endowment built up by Christopher Hohn, the activist investment manager, to fund philanthropic causes has been reinvested back in his own hedge funds,...
Hunt Gold Corporation (PINKSHEETS: HGLC)confirms that its Board of Directors has been informed that certain"activist" Investment Groups have obtained options to acquire significantamounts of the Company's shares of outstanding Common Stock. To date, theBoard estimates this to represent approximately 20% of the Company'soutstanding Common Stock. The Board has...
BURBANK, Calif. -- Shamrock Capital Advisors, Inc. confirmed today that Dennis Johnson, Director of Corporate Governance for CalPERS, will become Managing Director of the Shamrock Value Activist Fund, L.P. effective August 1, 2008. Johnson has served three years as Director of Corporate Governance for CalPERS....
Like an ageing rock star selling out stadiums around the world, the NHS continues to transcend the apparent fashion of our times. Long ago, the political and media establishment turned its back on most services that are publicly owned. Fearful ministers hand them over to anyone...
SAN FRANCISCO -- Yahoo on Monday tried to rally shareholder support for its embattled board of directors and management amid a proxy battle with activist investor Carl Icahn. The Internet company, in a 32-page filing with the Securities and Exchange Commission, detailed a defense of its...
TOKYO AFP — Corporate Japan has never liked having change thrust upon it, particularly by foreign hedge funds, but activist investors are slowly making themselves heard in Asia's largest economy. A high-profile campaign by a British investment fund to try to force Japanese energy giant J-Power...
Christopher Hohn, the activist investor, failed yesterday in his attempt to force J-Power, the Japanese power group, to double the dividend it pays to shareholders such as the hedge fund he runs. Mr Hohn's The Children's Investment Fund TCI, which owns 9.9 per...
More than 20 million dollars in additional contracts 70 million dollars in unfunded backlog is now funded and awaiting export license Reiterates Already Historic Level of Backlog VIENNA, Va., June 27 /PRNewswire-FirstCall/ -- The Allied Defense Group, Inc. reports...