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Activists Getting More Active: 13D Filings Volume Doubled Since 2012
Thursday, April 14, 2016 - 8:35am | 359Read More...Activists are getting increasingly activist, according to an Activistmonitor report. Data compiled by this platform, which comprises “predictive intelligence and behavioral data on shareholder activism,” showed that the top 20 shareholder activists* in North America have been increasing...
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Activist Investor To Benchmark Electronics: 'Dismal Shareholder Returns Supports The Need For Immediate Change'
Wednesday, March 30, 2016 - 1:35pm | 327Read More...Engaged Capital's battle against Benchmark Electronics, Inc. (NYSE: BHE) took an ugly turn Wednesday when the activist investor and major shareholder penned an open letter to Benchmark Electronics' shareholders. Engaged Capital has been pushing Benchmark Electronics' management to implement...
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Benchmark Electronics Reverses Early Morning Declines, Company Delivers Letter To Investors
Tuesday, March 29, 2016 - 1:59pm | 165Read More...Shares of Benchmark Electronics, Inc. (NYSE: BHE) were highly volatile during Tuesday's trading session. After opening for trading at $22.10, shares of Benchmark sank to an intra-day low of $21.82. However, the stock quickly recovered all of its early morning declines and was trading higher by...
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Engaged Capital Delivers Letter To Benchmark Electronics, Highlights Management's 'Lack Of Urgency' In Addressing Concerns
Wednesday, February 24, 2016 - 4:08pm | 428Read More...Engaged Capital, an activist investor and major shareholder of Benchmark Electronics, Inc. (NYSE: BHE) announced that it delivered a letter to the company's management back in January. Engaged Capital owns about 4 percent of Benchmark Electronics and has been pushing the company to make...
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Outerwall And Engaged Capital: Shots Fired, Investors Respond Positively
Thursday, February 18, 2016 - 2:21pm | 247Read More...Investment firm Engaged Capital sent a letter to Redbox and Coinstar operator Outerwall Inc (NASDAQ: OUTR)'s board of directors expressing a lack of confidence in the board's strategy. "Engaged Capital asserts its belief that OUTR's underperformance and current depressed...
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Outerwall Gains 7% As Activist Investor Discloses 14% Stake
Monday, February 8, 2016 - 2:03pm | 149Read More...Shares of Outerwall Inc (NASDAQ: OUTR), a provider of automated retail solutions such as The Redbox and Coinstar, surged higher by more than 7 percent on Monday after Engaged Capital, an activist investor, disclosed a 14.1 percent stake in the company. Engaged Capital commented in its...
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HeartWare Responds To Activist Engaged Capital
Thursday, December 31, 2015 - 10:15am | 278Read More...HeartWare International Inc (NASDAQ: HTWR), a developer of medical devices, confirmed on Wednesday it has received notice from Engaged Capital, an activist hedge fund and shareholder, which nominated 3 director candidates to the company's Board of Directors. Engaged Capital has made its...
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Market Wrap For May 1: Markets Mixed To Start The New Month
Thursday, May 1, 2014 - 4:35pm | 2905Read More...U.S. stocks were little moved to start off the month of May as investors and traders are cautious before April's nonfarm payrolls report are released on Friday. The consensus estimate for Friday's figure stands at 215,000 which would trump March's 192,000 number. “This is a really important...
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Market Wrap For Febuary 20: S&P 500 Inches Closer To New Highs
Thursday, February 20, 2014 - 5:46pm | 3262Read More...U.S. stocks overcame mixed economic data and earning reports as the S&P 500 inches towards new all time highs and the Dow recorded an almost triple digit point gain. Jobless claims declined less than expected while consumer prices met expectations and rose slightly. Data from the...
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Market Wrap For December 3: Markets Finish In The Red For Third Straight Day
Tuesday, December 3, 2013 - 5:49pm | 1989Read More...Investors appeared to be nervous going in to yesterday's close, a sentiment which continued at today's open. With little encouraging data coming out of the holiday shopping figures, investors and traders nervously await Friday's Labor Department November jobgs report which could help determine...
