Barington Capital

It’s no secret Macy’s Inc (NYSE:M) had its fair share of challenges in the last decade. Activist investor Barington Capital issued a press release on Monday urging the 166-year-old department store company to focus on its real estate portfolio while repurchasing shares. The Press...

Apparel manufacturer Hanesbrands Inc. (NYSE: HBI) is attracting the attention of activist investor Barington Capital, which is urging the company to make significant changes to its board and enact strategies to reverse the decline in its stock value. Barington Capital has acquired an undisclosed...

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...

U.S. stocks traded mostly higher today despite a key measure of home builder confidence falling in February. The New York Fed's general business index also showed signs of vulnerability. Despite the weak economic data which is partially due to weather, the Nasdaq index rose for the eight...

The main question going in to Tuesday's trading session was whethere the Fed will decide to scale back its $85 billion monthly bond buying program. A budget deal in Congress and solid economic data make the case that tapering will begin sooner rather than later. Major indices were virtually...