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Nelson Peltz And Pentair: Could M&A Be On The Horizon?
Tuesday, June 30, 2015 - 11:42am | 375Shares of Pentair plc. (NYSE: PNR) spiked higher by more than 5 percent Tuesday after Nelson Peltz's Trian Fund Management was reported to have accumulated a 7.24 percent stake and is pushing the company to explore several strategic options such as acquiring rivals to consolidate the space...
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Nelson Peltz Is A Consistent Man: A Look At His Almost Unchanged Q1 Portfolio
Monday, May 18, 2015 - 7:02am | 345Activist hedge fund Trian Fund Management, run by Nelson Peltz, recently filed its Form 13F for the first quarter of the year. According to the document, the portfolio’s market value fell by 9 percent over the period, to $8.56 billion. The equity portfolio is highly concentrated,...
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Legg Mason Extends Gains On Trian Pact
Monday, December 22, 2014 - 1:38pm | 171Legg Mason Inc (NYSE: LM) extended its gains Monday after announcing late last week an agreement enabling its largest shareholder to boost its holdings to 13 percent. Legg Mason was up more than 2 percent recently, changing hands at $53.98. The shares have gained nearly 8 percent since the...
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Markets Little Changed As The Quarter Comes To An End
Monday, June 30, 2014 - 4:34pm | 2316U.S. stocks were little changed as the second quarter comes to an end. Investors and traders are likely spending the last day of the quarter the same way they did to ring in the quarter: questioning the direction of the U.S. economy and wondering what is in store in the coming quarter. One...
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Pepsi Earnings Preview: Analysts Favor A Refreshing Quarter
Wednesday, April 16, 2014 - 3:36pm | 698PepsiCo (NYSE: PEP) will report its first quarter results early Thursday morning before market open. Analysts are expecting the beverage and snack maker to earn $0.75 per share on $12.43 billion of revenue. Pepsi last reported its quarterly results on February 13 when it earned $1.05 per share,...
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Market Wrap For March 14: Ukraine Tension Drag Markets Lower
Friday, March 14, 2014 - 5:17pm | 2348U.S. stocks declined as concerns escalated over Ukraine, two days before its citizens will vote in a referendum to split from Ukraine and become part of Russia. Russian President Vladimir Putin is gearing up to “invade eastern Ukraine” as a six hour talk between U.S. Secretary of State John...
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Nelson Peltz Ups His Battle Against Pepsi
Friday, March 14, 2014 - 3:36pm | 757Activist investor Nelson Peltz is on a mission to break up PepsiCo (NYSE: PEP) into two divisions consisting of its beverage division and snack division. Peltz is the founding Partner and Chief Executive Officer of Trian Fund Management, a multi-billion dollar alternative investment management...
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Nelson Peltz To Pepsi: You Won't Stop Me From Speaking To Other Shareholders
Thursday, February 27, 2014 - 5:01pm | 470When PepsiCo (NYSE: PEP) reported its fourth quarter results on February 13, Indra Nooyi, Chairman and CEO said, “we believe that our portfolio, as currently constructed, positions us to maximize value creation. As a result, we are not making significant structural changes, including to North...
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Market Wrap For Febuary 20: S&P 500 Inches Closer To New Highs
Thursday, February 20, 2014 - 5:46pm | 3262U.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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Focus on Underperfomance With Trian Fund Management's Peter 'The Constructivist' May
Wednesday, May 22, 2013 - 12:25pm | 475Peter May, Trian Fund Management President and founding partner, calls himself a constructivist. He appeared on CNBC's Squawk Box on Wednesday to discuss a variety of things, including what being a constructivist means to him. He said that constructionists focus on the operating side of the...
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Summary of 13F from Peltz's Trian
Wednesday, May 15, 2013 - 6:28pm | 15413F from Nelson Peltz's Trian: (All figures in millions of shares.) New Stakes: Pepsi (NYSE: PEP) ~12.03 Modelez (NASDAQ: MDLZ) ~40.3 Raised Stakes: Family Dollar (NYSE: DG) from 8.967 to 8.968 Lowered Stakes: Tiffany (NYSE: TIF) from 1.004 to ~.01 State Street (NYSE: STT) from 3.152 to 2.355...
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Nelson Peltz Says Heinz CEO Bill Johnson is Likely to Stay
Thursday, February 14, 2013 - 10:13am | 311During an interview with CNBC this morning, Trian Fund Management CEO Nelson Peltz said that as far as the board is concerned, "There have been no discussion of compensation" changes to H. J. Heinz Company (NYSE: HNZ) chief executive William Johnson. Heinz announced this morning that it will be...
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Ingersoll-Rand Board Will Review Proposals From Nelson Peltz
Friday, August 3, 2012 - 2:24pm | 148Ingersoll-Rand (NYSE: IR) said on Friday that its board is reviewing a number of strategic opportunities, including proposals that were presented by Nelson Peltz's investment firm, Trian Fund Management. The investment firm presented its ideas to Ingersoll-Rand at the company's regular board...
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Tiffany Has The "Ideal" Quarter
Friday, August 26, 2011 - 10:09am | 692Tiffany & Co. (NYSE: TIF) continues to sparkle in any environment, no matter if it's cloudy or clear. The luxury retailer reported better than expected earnings, and raised its full-year outlook, thanks in large part to bridal season, as well as the increased wealth effect felt around the...
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Is A Dollar Worth Adding To Your Portfolio?
Tuesday, June 28, 2011 - 8:55am | 327Family Dollar Stores (NYSE: FDO) is set to report earnings tomorrow before the bell and Wall Street will be looking forward to hearing how rising commodity costs are affecting the company's key consumer. The North Carolina-based company is going to report its third-quarter fiscal 2011 results...