Category Archives: Shareholder Rights

Transocean Has Nothing Good To Say About Icahn Nominees

Transocean explodes with a gusher of crude quotes in a press release responding to ISS’ assessment of Carl Icahn’s nominees. Carl Icahn is looking for some representation on the board of directors of Transocean Ltd. (NYSE: RIG), and ISS agrees … Continue reading

Posted in Activist Investor, Carl Icahn, Shareholder Meeting, Shareholder Rights | Tagged , , , , , , , , , , , , | Leave a comment

Stillwater Runs Shallow As Clinton Group Continues Proxy Fight For Stillwater Mining Company

Activist Investor cites poor strategy and performance in bid to replace board. Clinton Group, Inc., a stockholder of Stillwater Mining Company (NYSE: SWC), launched a proxy fight to replace the new board of directors for Stillwater. Clinton claims that “on … Continue reading

Posted in Activist Investor, Business Strategy, Shareholder Meeting, Shareholder Rights | Tagged , , , , , , , , , , , , , , | Leave a comment

Emulex Corporation and Elliott Associates Enter Into Agreement For Standstill, Board Seats

Hedge Fund gets closer to the driver’s seat with Emulex. We’ve been following the Emulex/Elliott saga for a while now and watched as one of our favorite hedge funds was working from the outside to create some value at Emulex, … Continue reading

Posted in Activist Investor, Elliott Associates, Hedge Funds, Opps, Shareholder Rights, Uncategorized | Tagged , , , , , , , , , , , , , , , | Leave a comment

Corvex Is At It Again, Targeting Another REIT. This Time: CommonWealth REIT, Tag, You’re It

Corvex and Related team up to take on CommonWealth, and it is getting messy. When we last checked in on Corvex Management (run by a former Icahn protégé), it was busy creating some shareholder value at Corrections Corporation of America … Continue reading

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Point to Einhorn, Greenlight In First Volley Of Apple Litigation Over Shareholder Meeting

As we previously reported, David Einhorn and Greenlight Capital are unhappy with how Apple bundled some shareholder proposals for its upcoming annual meeting.  Specifically, it would remove some discretion from Apple’s directors before implementing Einhorn’s preferred method of returning cash … Continue reading

Posted in Activist Investor, Apple, David Einhorn, Hedge Funds, Lawsuit, Shareholder Meeting, Shareholder Rights | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

How Much Is GOOGLE Chairman’s Stock Trading Plan Worth?

“I’ll take it in singles, please.  I have a reservation in the Champagne Room.” On Friday, February 8, 2013, GOOGLE (GOOG) announced that on November 15, 2012, Eric Schmidt, its Executive Chairman of the Board of Directors, adopted a stock … Continue reading

Posted in Director Compensation, Executive Compensation, Insider Trades, Shareholder Rights | Tagged , , , , , , , , , , , , , | Leave a comment

Apple Responds to Greenlight, Einhorn: We’ll Take It Under Advisement, After the Shareholders Meeting

Apple (AAPL) responds to hedge fund proposal for dividend yielding preferred stock, but expect the proposal to remove preferred stock from Apple corporate charter to proceed. After Greenlight Capital and David Einhorn fired a broadside against Apple’s cash allocation practices … Continue reading

Posted in Activist Investor, Apple, David Einhorn, Hedge Funds, Lawsuit, Shareholder Meeting, Shareholder Rights | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

New PRO Report on Apple Goes Behind the Numbers On Its Cash Position and Why It Is Drawing the Attention, and Lawsuits, of Activist Shareholders

New post at the PRO Reports discussing Greenilight Capital and David Einhorn’s dispute and Lawsuit with Apple over how to deploy its massive cash hoard. Join our PRO section today!

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Dish Network Blurs the Reception on Sprint’s Acquisition of Clearwire, Softbank’s Acquisition of Sprint

Dish Network’s (DISH) proposal to Clearwire Corp. (CLWR) makes life difficult for Sprint Nextel Corp. (S) The setup: Sprint owns about 50% of Clearwire.  Sprint wants the other 50% and they have agreed that Sprint will get it and the … Continue reading

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You Should Thank Us For Taking Over Your Company. And By ‘Thank Us,’ We Mean Leave Us Alone. Thanks.

Can you take it all away Can you take it all away When you shoved it in my face This pain you gave to me Can you take it all away Can you take it all away When you shoved it … Continue reading

Posted in Hedge Funds, IPO, Shareholder Rights | Tagged , , , , , , , , , , , , , | 2 Comments