-
Trian Partners Invests $2.5 Billion In General Electric, Values Stock As High As $45 By 2017
Monday, October 5, 2015 - 9:03am | 362Read More...Shares of General Electric Company (NYSE: GE) spiked higher by more than 4 percent Monday morning. Nelson Peltz's Trian Partners disclosed a $2.5 billion stake in General Electric. The investment firm noted that GE is "executing a bold transformation" that will generate "attractive" returns for...
-
All Of A Sudden, This Staples ETF Is A Hotbed For Activist Investors
Sunday, August 16, 2015 - 11:36am | 510Read More...Benzinga highlighted the PowerShares Dynamic Food & Beverage(ETF) (NYSE: PBJ) at the end of July as one of the leaders among sturdy consumer staples, exchange-traded funds. Although PBJ has traded slightly lower since that posting, the call has proven prescient because PBJ has become a bastion...
-
Sysco Rising After Nelson Peltz Reveals Activist Stake
Friday, August 14, 2015 - 3:17pm | 297Read More...Shares of SYSCO Corporation (NYSE: SYY) are trading up 6.7 percent on Friday afternoon, after Nelson Peltz’s Trian Partners disclosed a new activist position in the company. According to a Schedule 13D filed with the SEC, the fund acquired, over the past couple of months, 42,061,438 shares...
-
Thursday's Top Hedge Fund Moves: Mario Gabelli Likes Aerojet Rocketdyne, Bill Ackman Loves Mondelez
Thursday, August 6, 2015 - 4:50pm | 369Read More...Tracking hedge fund moves is a useful way to come up with research-backed investment ideas. So, let’s take a look at some of Thursday’s top hedge fund moves. Mario Gabelli According to a 13D SEC filing, the funds affiliated with Mario Gabelli (GAMCO Investors, Gabelli Funds, Teton...
-
No Surprise Here: Bill Ackman Is Following Nelson Peltz's Footsteps And Buying Mondelez
Thursday, August 6, 2015 - 3:53pm | 404Read More...Shares of Oreo maker Mondelez International Inc (NASDAQ: MDLZ) opened strong on Thursday on news that activist investor Bill Ackman's hedge fund Pershing Square has acquired a $5.5 billion stake in the company. Ackman is now the second activist investor to acquire a major stake in the company,...
-
Nelson Peltz Bubbles Excitement And Expresses Foreboding Over These Two Stocks
Wednesday, July 15, 2015 - 4:08pm | 412Read More...Renowned activist investor and founder of hedge fund Trian Partners, Nelson Peltz, spoke at CNBC's 2015 Delivering Alpha conference on Wednesday. At the conference, Peltz discussed his new positions with Jim Cramer, including Pentair plc. Ordinary Share (NYSE: PNR). He also opined on losing...
-
Trian Partners On Initiated Large Stake In Pentair
Tuesday, June 30, 2015 - 2:52pm | 382Read More...Shares of Pentair plc. Ordinary Share (NYSE: PNR) opened strong for trade on Tuesday after news broke that Nelson Peltz's Trian Partners has acquired a 7.24 percent stake in the company. Ed Garden, Trian Partners CIO, was on CNBC recently to discuss why the fund initiated such a large stake...
-
Dupont Desires Continued Trian Relationship, Despite Rejecting Seats On The Board
Tuesday, June 30, 2015 - 1:10pm | 373Read More...Billionaire Nelson Peltz's Trian Fund Management, L.P. (Trian Partners) lost its long-standing fight to join E I Du Pont De Nemours And Co (NYSE: DD)'s board earlier this year when shareholders voted against it. Ellen Kullman, Dupont CEO, was on CNBC recently to discuss the company's...
-
What's Coming For Actuant?
Tuesday, June 16, 2015 - 3:49pm | 277Read More...Shares of Actuant Corporation (NYSE: ATU) are down on Tuesday afternoon, in anticipation of the announcement of the company’s third quarter financial results, scheduled for Wednesday morning, before the market opens. As seen in the chart above, Actuant’s earnings respond to...
-
RBC: Nelson Peltz Could Go Activist In These Stocks
Friday, May 29, 2015 - 10:28am | 653Read More...In a report published Friday, RBC Capital Markets analyst Deane Dray noted that activist investor Nelson Peltz hinted last week that his Trian Partners fund is looking at two potential activist actions within the industrial sector. "Fresh from narrowly missing the proxy vote at DuPont and...
-
CLSA Analyst: DuPont's Board Win Over Trian Partners Is A Terrific Outcome For Shareholders
Wednesday, May 13, 2015 - 4:57pm | 352Read More...E I Du Pont De Nemours And Co (NYSE: DD) was upgraded to Outperform from Underperform by CLSA Americas on April 28, just a few days prior to the proxy vote between DuPont's Board and Trian Partners that took place early Wednesday, in which DuPont’s Board won. Mark Connelly from CLSA...
-
Trian On DuPont Proxy Vote: Shareholders Who Really Care Overwhelmingly Voted For Us
Wednesday, May 13, 2015 - 2:57pm | 390Read More...The board of E I Du Pont De Nemours And Co (NYSE: DD) won against Trian Partners in the proxy vote that was held Wednesday. Nelson Peltz, founder of Trian Partners, was on Bloomberg TV following the voting results to discuss why Trian lost. Votes Came In From Those Who Care "The shareholders...
-
DuPont CEO: Pleased With Proxy Vote, Will Continue To Engage With Trian
Wednesday, May 13, 2015 - 2:04pm | 444Read More...The results of the highly anticipated proxy vote between E I Du Pont De Nemours And Co (NYSE: DD) and hedge fund Trian Partners are out, and it seems shareholders chose to reaffirm their faith in DuPont's CEO Ellen Kullman by giving her the majority, rather than activist investor Nelson Peltz...
-
DuPont Prevails In Nelson Peltz Proxy Battle, Sinks 6%
Wednesday, May 13, 2015 - 11:37am | 263Read More...E I Du Pont De Nemours And Co (NYSE: DD) shares sank more than 6 percent Wednesday after it prevailed in an acrimonious proxy battle with Nelson Peltz' Trian Fund Management. Shareholders defeated the activist's proposal to elect four of its representatives to the company's 12-member board. DuPont...
-
Why Is No Settlement In Sight Between DuPont And Trian Partners? Nelson Peltz Explains
Tuesday, May 12, 2015 - 8:42am | 428Read More...With only two days left for the proxy vote between E I Du Pont De Nemours And Co (NYSE: DD) and Trian Partners, Nelson Peltz, founder and CEO of Trian Partners, was on CNBC Monday to discuss why no settlement has been reached between the parties yet and the prospect of that are...
