The occasional activist has stirred up a revolt at an annual general meeting, led a no-confidence vote against management and even taken executives to court. Those have been the extreme cases.
But shareholder activism is becoming more prevalent. Often taking their lead from hedge funds, a new breed of investor is helping to change the corporate dynamic with measured but pointed agitation.
Jacksonville-based railroad CSX Corp. is attracting more attention from activist investors, with filings with the Security and Exchange Commission revealing that billionaire Carl Icahn purchased 2.6 million of the company's shares.
Bob Chapman is pure gold.....
Shares of Citi rose May 16 on news that hedge fund mogul Edward Lampert, the head of ESL Investments, had acquired a small stake in the market-lagging financial supermarket.
Chrysler isn't the only car company where people want change....
The backdating options scandal won't die down for Apple. Apple fought back three proposals from activist investors seeking to change the company's compensation policies.
Carl Icahn's attempts to shakeup the board at Motorola by gaining a board seat and start moving the company in a different direction have failed.
An in-depth article behind Boone Pickens, the legendary activist investor and takeover king.
The world's largest mutual fund firm is about to take on an unlikely title: activist shareholder.
Billionaire financier Carl Icahn made another plea to Motorola Inc. shareholders on Tuesday as part of his down-to-the-wire campaign to win a seat on the company's board.
This article supports Carl Icahn's view concerning Motorola's woes.
RATIONAL, constructive shareholder activism doesn't always make directors more accountable — and it rarely gives investors immediate payoffs.
Some shareholders are concerned about Marriott's board of directors despite their re-election. Shareholders re-elected to the board former Smithsonian Institution secretary Lawrence Small, who resigned from the museum complex last month following criticism over his expenses.
Amid a dissident investor's attempt to win board seats, Comverse Technology Inc. has amended its bylaws to allow large, long-term shareholders to nominate directors to the company's board without the hassle and cost of waging a proxy fight.
The SEIU is quickly becoming one of the more active "activist investors". Although they may not have shares in a company, they do have employees and are leveraging that number to advocate for their members.
This is astounding..... His earnings last year were $1.7 billion.
Pharmaceutical companies are turning to vaccines to grow because the market has few producers and a reduced risk of generic competition. Interest was spurred by the emergence of the deadly strain of bird flu in Asia with no vaccine to protect against it.
High-profile investors such as Carl C. Icahn have helped define the image of activist shareholders by storming into companies and pushing for change.
The House voted Friday to give shareholders at public corporations a voice in executive pay packages that typically equal 500 times the salaries of workers at those companies.
Todd points us to "Save the Cookie," a campaign by Midwest Airlines to energize its base to help fend off a hostile takeover by AirTran.
An interesting evaluation of whether solar energy makes economic sense for the user.
Carl Icahn has been on a tear lately. The corporate raider-turned-activist investor has basically run roughshod over corporate America in the past two years, taking no prisoners.
Chapman Capital is at it again and the changes look promising.... A heated battle has been shaping up between electronic bond trading company eSpeed (ESPD - Cramer's Take - Stockpickr - Rating) and activist investors Chapman Capital and WC Capital.
A list of some of the characters in activist investing..... Activism is on the up - that much is for sure. But who in the world of sabre-rattling activist investing holds the most sway?
Activist Investor is a member of the following groups: