Tag Archives: Annual Meeting

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

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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

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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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Update On Hess Corp. As Another Underdisclosed Favorite Relational Investors Urges Hess to Listen to Suggestions of Fellow Activist Investor, Elliott Associates

Underdisclosed favorite Relational Investors has told Hess Corporation (HES) that it supports the changes urged by Elliott Associates.  We reported on Elliott‘s suggestions here. Relational claims to be a top 10 holder of HES and reported holding about 6.8 million … Continue reading

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Starboard Value Comes Out Swinging in the New Year

Hedge Fund begins the year by picking a couple of board fights Starboard Value L.P. comes banging into 2013, putting the smack down on Calgon Carbon Corporation (CCC) and Wausau Paper Corp. (WPP). On January 22, Starboard filed a Schedule … Continue reading

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Elliott Associates Takes a Look at Hess Corporation, We Take a Look At Laetitia Casta

Hess issues statement responding to letter from Elliott Associates, who noted an intention to purchase a large block and nominate directors. The always awesome Elliott Associates, L.P. sent a letter to Hess Corporation (HES) stating that it may buy a whole bunch … Continue reading

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