Tag Archives: Paul Singer

Tech Shareholder Activism Increasing

As M&A picks up generally, and the tech sector in particular, shareholder activism is on the rise as well. Activism Monthly’s (which is about business rabble-rousing, not social rabble-rousing) latest issue includes an article discussing the technology industry.  According to … Continue reading

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Emulex Workforce Reduction to Ax 10% In Restructuring Plan

There’s a lot of end-of-year activity at Emulex as it announces plans to ax 10% of its employees in a workforce reduction and tries to find its way back to financial and shareholder relations health. Earlier this week, Emulex announced … Continue reading

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Starboard Grows Impatient With Emulex

One of the large hedge fund investors in Emulex Corp. dashes off angry (or disappointed) letter urging immediate action. We have been tracking the Emulex Corp. odyssey for a while now.  In July, we noted that that ELX jumped on … Continue reading

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Argentina Loses Appeal In Bondholder Fight As Court Sides With Bondholder Group Led By Elliott Management

Next up: Supreme Court, if it is willing to take the case. In a victory for investors in sovereign securities, the 2nd Circuit Court of Appeals ruled against Argentina’s appeal of the court order requiring Argentina’s payment of $1.3 billion … Continue reading

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After Dell Pushes Back Record Date for Buyout, Hedge Funds Respond By Buying Dell Shares

Shorter term investors looking for a quick exit now eligible to vote on the Michael Dell/Silver Lake buyout. The much-discussed Dell buyout previous had a record date of June 3, meaning you had to be a stockholder on that day … Continue reading

Posted in Activist Investor, Business Strategy, By the Numbers, Carl Icahn, Elliott Associates, Hedge Funds, Lawsuit, M&A, Private Equity, Shareholder Meeting, Trading Strategy | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Argentina Goes to U.S. Supreme Court to Stiff Bondholders

Argentina files suit to avoid paying Elliott Management in battle of naval powers. We have previously stated our admiration for the naval prowess of Elliott Management.  But, Argentina continues to fight back. Argentina has asked the U.S. Supreme Court to … Continue reading

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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

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New PRO Report Post on Emulex Updates

New post at the PRO Reports updating the discussion of Emulex Corp. (ELX) and the Opps Tracker. Hint:  It involves this:

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Update to Opps Tracker Discussion of Emulex Corp. In PRO Reports Now

We have updated our discussion of the stock price movements of Emulex Corp. (ELX) and the updates to the Opps Tracker in our PRO Reports section.

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Opps Tracker Pick Emulex to Announce Earnings This Week

Emulex Corp. (ELX), an Opps Tracker pick, is scheduled to release earnings on Thursday, January 31, 2013. Emulex is down from our Opps Tracker price point of $7.41.  However, we did not pick Emulex on fundamental analysis.  Rather, as we … Continue reading

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