Activist investors

Home goods retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) on Monday announced a series of changes to its board of directors composition, including the retirement of company co-founders Warren Eisenberg and Leonard Feinstein. What Happened Due to pressure from activist investors, Bed Bath &...

Shares of struggling specialty retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) soared 25 percent Tuesday morning after multiple activist investors bought a 5-percent stake. What Happened Three activist investment funds -- Legion Partners Asset Management, Macellum Advisors and Ancora...

After months of back-and-forth between Campbell Soup Co. (NYSE: CPB) and activist investor Third Point LLC regarding the addition of board members and company involvement, the two have reached a deal.  What Happened Following its annual shareholder meeting Nov. 29, Campbell will...

Billionaire investor Carl Icahn established a large stake in struggling Family Dollar in 2014. He pressured the company to seek a buyer and turned a significant profit when it was acquired by Dollar Tree, Inc. (NASDAQ: DLTR) for $8.5 billion. What Happened Icahn is now assembling a large stake...

Gun stocks veered from historical trends and sold off in the wake of the latest U.S. mass shooting. Two weeks after the Parkland, Florida massacre that left 17 dead, Vista Outdoor Inc (NYSE: VSTO) fell 10.2 percent, Sturm Ruger & Company Inc (NYSE: RGR) 7.5 percent and American Outdoor Brands...

Last week was big for activist investors, with Barington Capital Group and NuOrion Partners toppling Avon Products, Inc. (NYSE: AVP)’s CEO, Nelson Peltz and Bill Ackman forcing out Mondelez International Inc (NASDAQ: MDLZ)’s CEO, and Ackman’s Pershing Square inciting a drop in...

Former President Bill Clinton said on Tuesday that activist investors are partially to blame when companies flee the United States for Mexico. Speaking to CNBC during the Clinton Global Initiative's annual meeting in New York City, Clinton said activist investors "demand a profit in a year and a...

Monday was a busy day for the hedge fund sector as several notable firms issued public letters. Corvex Management To Williams' New Board Members Keith Meister's Corvex Management is one of the largest shareholders of Williams Companies Inc (NYSE: WMB). On Monday, the fund wrote a letter to Stephen...

Activist investor Bill Ackman disclosed a 9.9 percent stake in Chipotle Mexican Grill, Inc. (NYSE: CMG). Ackman also noted that Chipotle's stock is "undervalued" and represents an "attractive investment." According to Gadfly's Shelly Banjo and Tara Lachapelle, the...

Billionaire activist investor Bill Ackman has lost billions of dollars through his fund's large stake in Valeant Pharmaceuticals Intl Inc (NYSE: VRX) following the stock's nearly 85 percent collapse over the past year. Ackman also holds a seat at Valeant's board of directors and testified in front...