Jana Partners

Activist investor and billionaire Barry Rosenstein’s JANA Partners hedge fund issued its fourth-quarter letter to investors this week. The JANA Master Fund finished up a lackluster 2017 with a 0.9-percent loss in Q4 and just a 5.6-percent overall gain on the year, well short of the 21.8-...

After a five-month review, DowDuPont Inc (NYSE: DWDP) came back from the drawing board Tuesday with new restructuring plans. The two-week-old firm, born of a $60 billion merger between Dow Chemical Co. and DuPont Co., had intended to fragment into three companies servicing distinct consumer...

The IPO waters are still muddled and troubled, extending the lean patch seen in 2016. Although the year started with much fanfare, with the promise of some delectable offerings, none of 2017's new entrants have lived up to expectations yet. Yogaworks Inc (NASDAQ: YOGA), which debuted last Friday...

The latest round of 13-F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Here’s a rundown of how the smart money was playing some of the most popular stocks last quarter....

EQT Corporation (NYSE: EQT) reaffirmed its intent to acquire Rice Energy Inc (NYSE: RICE) Monday after Jana Partners LLC advised shareholders to reject the proposed deal. “Rice is an outstanding strategic and operational fit for EQT, which as a single entity we anticipate will benefit from a...

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...

After boasting success in its Whole Foods Market (NYSE: WFM) mission, Jana Partners is moving in on another household name. The investor initiated a position in Pandora Media Inc (NYSE: P) in early June and, despite its reputation for activism, indicated in a meeting with Pandora management the...

The grocery sector nearly imploded last month on news that Amazon.com, Inc. (NASDAQ: AMZN) would acquire Whole Foods Market, Inc. (NASDAQ: WFM). While industry rivals brushed off the merger, assuring the Street of their competitive strategies and enduring worth, their wary shareholders took one...

Having previously disrupted the energy sector with a breakup of El Paso Corporation Preferred Stock (NYSE: EP-C) operations, Jana Partners LLC is taking a swing at natural gas. The activist hedge fund’s latest 13F revealed a stake in Resolute Energy Corp (NYSE: REN), and on Monday, it...

Just ahead of Independence Day market closures, rumors and news abounded of mergers, from revived chatter of Walt Disney Co (NYSE: DIS) for Verizon Communications Inc. (NYSE: VZ) to new disruptions by activist investors. 1. Bankrate Red Ventures, a privately owned data company, entered a $1.4...

Whole Foods Market, Inc. (NASDAQ: WFM)'s mostly in-line earnings report on Wednesday was accompanied with a notable change in the company's board composition. Facing pressure from activist investor and major Whole Foods shareholder Jana Partners, Whole Foods replaced five directors, named a new...

Amid Whole Foods Market, Inc. (NASDAQ: WFM) recent notable struggles, M&A speculation continues to swirl ahead of the company’s first-quarter report set for Wednesday. Analysts at Oppenheimer believe comps will once again fall short of Wall Street forecasts and will be watching updated...

Shares of Whole Foods Market, Inc. (NASDAQ: WFM) soared earlier this week after notable activist investor Jana Partners and a small group of partners disclosed an 8.3 percent stake in the organic grocer. Many investors assumed Jana's stake would pressure Whole Foods' management team to...

Whole Foods Market, Inc. (NASDAQ: WFM) shares surged Monday, rising by roughly 10 percent, after Jana Partners picked up a 8.3 percent stake in the company. Following the development, sell-side analysts sounded cautious about the move. Jana's Ownership Stake Doesn't Alter Fundamental Picture...

On April 10, activist investor Jana Partners announced that it had acquired an 8.8 percent stake in Whole Foods Market, Inc. (NASDAQ: WFM). Credit Suisse’s Edward J. Kelly maintains an Outperform rating on Whole Foods Market, while raising the price target from $36 to $40. Potential Catalyst...