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Jana's 9% Stake In Whole Foods Doesn't Guarantee Success
Monday, April 10, 2017 - 3:58pm | 428Read More...With the intention of pressuring a potential sale and hastening the company’s turnaround, activist investor Jana Partners LLC seized an 8.3-percent stake in Whole Foods Market, Inc. (NASDAQ: WFM) Monday and prompted a subsequent 10.5-percent spike in stock value. Jana Partners, whose members...
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A Timeline Ahead Of Time's Buyout
Sunday, March 5, 2017 - 9:05pm | 693Read More...Time Inc (NYSE: TIME), which was spun off from Time Warner Inc (NYSE: TWX) in mid-2014, could be another casualty of an industry-wide malaise that has rendered print media on the brink of extinction. As print advertising revenues suffered, the company was striving to make a mark in the digital...
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Activist Heavyweights Form Lobbying Group
Thursday, May 19, 2016 - 9:55am | 399Read More...Major activist hedge funds have formed a lobbying group called Council for Investor Rights and Corporate Accountability (CIRCA) to promote shareholder activism across the country. The announcement comes as presidential candidates Hillary Clinton and Bernie Sanders have been voicing against activist...
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As Oil Rebounds, This MLP ETF Blazes A Comeback Trail
Thursday, April 14, 2016 - 8:44am | 574Read More...There was a time when many income investors scurried into master limited partnerships (MLPs) and the corresponding exchange-traded funds searching for yield amid low U.S. interest rates. Part of their motivation was the belief that because most MLPs are not involved in the exploration and...
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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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Here's Why TeamHealth Holdings Surged 18%
Thursday, February 25, 2016 - 2:43pm | 223Read More...Shares of TeamHealth Holdings Inc (NYSE: TMH) surged higher by around 18 percent on Thursday after JANA Partners, an activist investment firm, disclosed an 8 percent stake in the company. JANA Partners stated that it believes TeamHealth has made "missteps in critical areas including...
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Barry Rosenstein's Jana Partners Like Qualcomm & ConAgra, Sell Out Of eBay & Ashland
Tuesday, August 18, 2015 - 4:23pm | 366Read More...Barry Rosenstein's Jana Partners recently disclosed its long equity positions as of the end of the second quarter of the year. According to the 13F filing, the fund’s equity portfolio is worth roughly $16.82 billion, down from $17.23 billion in the first quarter. Between April and...
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ConAgra Foods Expected To Report Single-Digit EPS Growth
Monday, June 29, 2015 - 3:35pm | 304Read More...ConAgra Foods Inc (NYSE: CAG) is scheduled to report its fourth quarter results on Tuesday before the market opens. According to Estimize, the company is expected to deliver 7 to 9 percent year-over-year earnings growth. In the fourth quarter of 2014, the packaged foods business reported...
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Daily Movers: AirMedia Soars; Uranium Energy Under Investigation
Friday, June 19, 2015 - 1:49pm | 671Read More...Coming off of Thursday's all-time high on the NASDAQ, Friday had notable movers: Winners AirMedia Group Inc (ADR) (NASDAQ: AMCN) soared nearly 44 percent as it received a “Go Private” proposal of $6/ADS. Shares were halted in the pre-market session and resumed trading nearly 34...
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Hertz Expected To Report Worst Quarter In Years
Wednesday, June 17, 2015 - 3:47pm | 473Read More...Shares of Hertz Global Holdings Inc (NYSE: HTZ) are down on Wednesday afternoon, ahead of the announcement of the company’s first-quarter financial results, scheduled for Thursday morning before the market open. According to Estimize, earnings are expected to be the lowest in at least...
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Qualcomm Rallies With Accelerated Buyback Plan
Thursday, May 21, 2015 - 8:45am | 265Read More...QUALCOMM, Inc. (NASDAQ: QCOM) announced Thursday that it was accelerating $5 billion of its share buyback plan, which it is funding via a recent $10 billion debt offering. In pre-market trading, Qualcomm shares gained 1.7 percent to a last trade of $70.32. The bonds that Qualcomm will offer...
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Barry Rosenstein, Jana Partners' Latest Moves Include Qualcomm, United Rentals And Yum Brands
Friday, May 15, 2015 - 1:59pm | 653Read More...Large investment firms are required to disclose their long equity positions to the SEC once per quarter, via a Form 13F. Activist hedge fund Jana Partners, managed by Barry Rosenstein, filed its latest 13F on Friday, declaring an equity portfolio worth more than $17.2 billion in the market....
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Lessons On Activist Investing From Jana Partners' Barry Rosenstein
Monday, April 27, 2015 - 1:36pm | 413Read More...If there's one investing strategy among hedge funds that has received the most amount of limelight, it has to be activism. This popularity has to do with the fact that in the last few years while other hedge funds struggled to perform, activist investors have reeled in massive wins. One of...
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Here's Why A Qualcomm Split Is A 'Terrible Idea'
Monday, April 13, 2015 - 3:40pm | 462Read More...Jana Partners is pressuring QUALCOMM, Inc. (NASDAQ: QCOM) to spin off its chip production division and allow the patent licensing business to fly solo. Sean Udall, CIO of Quantum Trading Strategies and author of The TechStrat Report, is among those who are against the idea. "I think that...
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Jana Partners' Barry Rosenstein: 'The Walgreens Situation Is Terrific'
Monday, April 13, 2015 - 2:21pm | 368Read More...Walgreens Boots Alliance Inc (NYSE: WAG) is up almost 20 percent since last September when the company announced that it was giving activist hedge fund Jana Partners seats on its board. Barry Rosenstein, founder of Jana Partners, was on CNBC recently to discuss how things are improving at...
