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Activist Investor Elliott Management Names Candidates For Salesforce Board: What You Need To Know
Wednesday, March 1, 2023 - 12:55pm | 553Activist Elliott Management on Wednesday nominated multiple directors for board seats at Salesforce Inc (NYSE: CRM). What To Know: According to CNBC, the activist investor named a slate of directors for Salesforce's board two weeks before the window for nomination closes on...
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Why Salesforce Stock Is Surging Today
Monday, January 23, 2023 - 9:31am | 348Salesforce Inc (NYSE: CRM) shares are trading higher Monday following reports activist investor Elliott Management took a multi-billion dollar stake in the cloud software company. What Happened: According to a Wall Street Journal report citing people familiar with the...
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Activist Investor Elliott Makes Multibillion-Dollar Investment In Salesforce: WSJ
Sunday, January 22, 2023 - 9:36pm | 459Activist investor Elliott Management Corp has reportedly picked up a multi-billion dollar stake in cloud software firm Salesforce Inc (NYSE: CRM), the Wall Street Journal reported, citing people familiar with the matter. What Happened: Elliott managing partner Jesse Cohn said,...
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Cognizant Shares Rally Amid Activist Letter; How Is Elliott's Track Record?
Tuesday, November 29, 2016 - 10:13am | 624Cognizant Technology Solutions Corp (NASDAQ: CTSH) shares were on a tear following the release of a letter by Elliott Management that outlined a three-part "Value Enhancement Plan," which envisages a nice bump up in its stock price to $80–$90 by the end of 2017, up 50–69 percent in...
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Citigroup, William Blair, FBN Securities & Lake Street Comment On Riverbed Technology's Strategic Options
Friday, October 10, 2014 - 7:28am | 319Riverbed Technology, Inc. (NASDAQ: RVBD) traded higher Thursday on news that it would undertake a comprehensive review of strategic options. This was welcome news to activist investor Elliot Management. Jesse Cohn, portfolio manager at Elliott Management, commended “the Board for...
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Elliott Management Sees Shares of Juniper Networks' Worth $35 to $40
Monday, January 13, 2014 - 2:13pm | 471On Monday, Elliott Management released a presentation titled “Juniper Networks: Elliott Management's Perspectives." The full presentation can be seen at here. The activist hedge fund owns a 6.2 percent stake of Juniper Networks (NASDAQ: JNPR) and hopes that Juniper's management team will...