
Activist Investor Carl Icahn Returns Board Seats at JetBlue Airways
The prominent shareholder is stepping down from the airline's board, marking a shift in his involvement with the carrier's governance.
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The prominent shareholder is stepping down from the airline's board, marking a shift in his involvement with the carrier's governance.

Activist investor Elliott Management is making a significant financial bet based on the valuation gap between chip design software leader Synopsys and its industry competitors.
Activist investors have taken action involving Exelixis, Valaris, and three other companies' stocks.

Wendy's stock surged following reports that activist investor Nelson Peltz is preparing a bid to take the company private. Traders are speculating on a potential buyout of the fast-food chain.

An activist investor has publicly called for a comprehensive strategic review of Zevia's operations and future direction.

Lionsgate shares dropped to a four-month low after an activist investor expressed dissatisfaction with the company's AI strategy.
Activist investor Elliott Investment Management LP has called for a significant overhaul of the board at Northern Star Resources Ltd., Australia's largest gold miner. Elliott has nominated six individuals, stating they would help restore market confidence in the company.

Wendy's has announced a reduction in its dividend payout, a move that comes as activist investor Nelson Peltz's firm Trian Fund Management reportedly increases its stake and influence.
Gabriel Hasson, ICR Global Head of Governance, discussed how activist investors are returning to fundamental principles, live from the NYSE.
Activist investor Jana has reportedly suggested that Fiserv should initiate a formal review of its entire portfolio.

Ashland is reportedly close to reaching a settlement agreement with activist investor Ancora Holdings, according to Bloomberg, potentially resolving a dispute over the company's direction.
Japan's ruling party has issued a warning regarding suspected collusion between activist investors and private equity firms.

According to Bloomberg, activist investor Elliott has acquired a significant stake in CCC, signaling potential future involvement in the company's operations.
Japan's ruling Liberal Democratic Party (LDP) is planning to implement tighter oversight on disclosures made by activist investors. This move aims to increase transparency and regulation in the financial market.

Northern Star has appointed a new CEO as activist investor Elliott Management continues to press for changes within the company.
Activist investor Jana Partners has reportedly taken a new stake in Everpure, according to sources familiar with the matter.

The CEO of Kadokawa, the Japanese powerhouse behind 'Elden Ring,' has survived a shareholder vote, despite an activist investor's demand for the company to generate more profit from the popular game. The vote confirms the current leadership's position.

Ashland's stock saw gains following reports that activist investor Cruiser Capital is advocating for the company's sale.
Nano Dimension has pushed back against criticism from activist investor Murchinson regarding an $890 million deal.
Activist investor Starboard Value has reportedly divested from CRM and made significant investments in two other undisclosed stocks, a move that surprised many in the financial community.
Flexible office landlord Workspace Group plans to increase rents as it seeks to fend off activist investor Boaz Weinstein. The move comes after the company reported a £120 million loss, attributed to falling property values and declining rents.
A discussion highlights that activist investor pressure typically begins when companies exhibit underperformance in the market.
Chemed shares saw an increase following reports that activist investor Barington has acquired a stake in the company.
Activist investor Toms Capital is renewing its pressure on insurance firm Voya Financial to explore a potential sale. The firm is advocating for strategic changes to maximize shareholder value.
Activist investor Starboard Value has sent a letter to Flowserve's board, stating that the company "needs to do better faster" in its operations and performance.
Activist investor Ancora is pressuring H.B. Fuller to abandon its proposed bid to acquire the UK-based company AMS.
Activist investor Elliott Management has reportedly built a significant stake in Bio-Rad Laboratories, a prominent life-science tools supplier. The move suggests potential for future engagement or changes within the company.
Hewlett Packard Enterprise shares gained after reports indicated additional activist investors are taking positions in the company.
Engineering and construction firm KBR (KBR) could draw buyer interest after facing pressure from activist investors, potentially leading to a strategic transaction.

Hong Kong-based activist investor Oasis has steadily increased its exposure to UK outsourcer Capita via swaps, bringing its stake to 15% ahead of the company's Annual General Meeting.
Victoria’s Secret & Co. is once again confronting an activist investor, indicating ongoing tensions and strategic disagreements regarding the company's direction and governance.
WEX has successfully concluded a contentious proxy battle with activist investor Impactive, reaching a board deal to resolve the dispute and avoid further conflict.
Solventum's stock saw gains after activist investor Trian Partners sent a letter urging changes within the company.
Activist hedge fund Starboard Value has called on Lamb Weston, a leading producer of frozen potato products, to hold an investor day.
Premium Brands International saw its stock gain after an activist investor identified a potential 75% upside in the company. This indicates growing investor confidence and strategic interest in the brand.
Activist investor Starboard Value has announced a substantial investment in software intelligence company Dynatrace. Starboard reportedly sees strategic value in the company.
Activist investor Starboard Value has reportedly taken a significant stake in AI software manufacturer Dynatrace, according to the Wall Street Journal.

Activist investor Palliser has acquired a stake in Japanese factory automation company SMC and is proposing a $3.8 billion share buyback, according to a letter seen by Channel News Asia.
Biotechnology company Seer has received an improved buyout offer from an activist investor group, indicating ongoing interest in acquiring the company.
PayPal's stock experienced gains following speculation about activist investor involvement.
Shares of Daikin Industries rose by 14% following news that activist investor Elliott Management is pressing the company for significant changes.
An analysis suggests that pressure from activist investors on drugmakers to generate faster profits could compromise drug-development strategies, potentially hindering the creation of future lifesaving medications.
Activist investor Impactive is reportedly looking to replace the current CEO on the board as part of an ongoing proxy battle.
An activist investor has reignited efforts to push for significant changes to the board of directors at Novavax. This campaign aims to influence the company's governance and strategic direction.
Investment trusts in the UK are urging the Financial Conduct Authority (FCA) to change rules to frustrate activist investors, prompted by Boaz Weinstein’s Saba's attempt to take over EWIT’s board.
Activist investor Irenic Capital has revealed a stake in Snapchat's parent company, Snap Inc., and is advocating for strategic changes to boost the company's valuation.
Norwegian Cruise Line is set to restructure its board following a truce reached with activist investor Elliott Management, leading to an overhaul of its governance.
Activist investor Elliott Management is reportedly exerting significant influence on chip design software maker Synopsys, aiming to boost its profits.
Tripadvisor and activist investor Starboard Value have reportedly made peace, with the agreement potentially granting Starboard Value up to four seats on Tripadvisor's board of directors.
Tripadvisor has announced the addition of new directors to its board, a move that comes as part of a recently finalized deal with activist investor Starboard Value.
Tripadvisor has added new directors to its board as part of an agreement reached with activist investor Starboard Value.
Activist investor Elliott Management has reportedly built a large stake in Synopsys, a prominent chip-design software maker.

Amusement park operator Six Flags is divesting seven of its iconic parks, from New York to Kansas City, as it faces ongoing pressure from activist investors.
Activist investor Elliott Management has built a significant stake in Japan shipping giant Mitsui O.S.K. Lines, signaling potential pressure for corporate changes or value creation within the firm.
Activist investor Altai Capital is advocating for the sale of OraSure and seeking board seats to influence the company's direction.
Food delivery giant Delivery Hero is reportedly facing pressure from an activist investor who is advocating for a potential breakup of the company.
Activist investor Starboard Value has reportedly acquired a $350 million stake in used car retailer CarMax and is urging changes, nominating two board members to the company's board.
Activist investor Ortelius is advocating for significant changes to the board and the sale of assets at Surgery Partners.
Activist investor Starboard Value is reportedly increasing pressure on Lamb Weston, a major potato products company, indicating potential changes or demands from the investor.
South Korea's efforts to boost corporate value are reportedly lacking the desired impact from activist investors. This suggests challenges in driving corporate governance reforms.
A small shop in Ohio has become the target of one of Wall Street's most fierce activist investors.
Activist investor Elliott Management has made a substantial investment of $1 billion in Pinterest.
Activist investor Elliott Management has invested $1 billion in Pinterest, signaling potential changes for the social media company.
Activist investor Elliott Management has acquired a significant $1 billion stake in the social media company Pinterest.
Activist investor Nelson Peltz has encountered a significant financial setback, facing a nearly $9 billion reality check on his investment in Janus Henderson.
The London Stock Exchange Group (LSEG) has unveiled a £3 billion share buyback program, a move that comes as activist investor Elliott Management continues to push for changes within the company.

Activist investor has been pushing UK company to improve its performance

Two JetBlue board members have stepped down following a recent reduction in activist investor Carl Icahn's stake in the airline, marking a shift in corporate governance dynamics.
An activist fund offered a 45% premium for shares in the Samsung-affiliated company, testing how directors navigate expanded fiduciary duties under South Korea’s updated corporate regulations.

An activist investor is calling for the sale of Zevia, a 'better-for-you' soda brand, to maximize shareholder value.

Activist investor nuns believe holding large companies accountable aligns with Jesus's path, as they advocate for change within tech corporations.
Activist investor Cevian is advocating for a significant increase in pay for non-executive board members in the UK, arguing that tripling their compensation would boost performance and growth.

Wendy's shares surged after reports indicated that billionaire activist investor Nelson Peltz's Trian Fund Management is preparing a take-private bid for the burger chain.

Lionsgate's stock has declined following a report that activist investor Anson Funds urged the studio's board to consider an AI pivot or a sale to avoid becoming an 'AI casualty.'
Ethan Allen's Chairman and CEO, Farooq Kathwari, has responded to an activist investor's campaign pushing to replace the furniture maker's entire board and overhaul its leadership.

Activist investor Jana has reportedly intensified its pressure on Alkami Technology through a new letter, signaling ongoing corporate engagement.

Align Technology is set to add new directors to its board and initiate a review of its operations following an agreement reached with activist investor Elliott.

Activist investor Barington is reportedly pressuring Chemed to initiate a strategic review of its operations and assets.

Braemar has announced that an activist investor has filed a pre-complaint discovery petition, indicating potential legal action or a challenge to the company's management.
The US Securities and Exchange Commission (SEC) has mandated that activist investors in the United States must disclose their clients in regulatory filings.
Jefferies is reportedly shopping $5 billion in debt to finance a potential bid by activist investor Carl Icahn for Caesars Entertainment. This move signals a significant financial maneuver in the casino and hospitality sector.
Dynatrace has announced the appointment of Riedel and Streetman to its board of directors, following discussions with activist investor Starboard Value. This move likely reflects strategic changes in the company's governance.
Alkami Technology's stock saw gains following reports that activist investor Jana Partners has increased its stake in the company and is pushing for a potential sale.

SPS Commerce is reportedly exploring a potential sale of the company, according to multiple sources, as it faces increasing pressure from activist investors. The move comes as the company evaluates strategic options for its future.

BWX Technologies has agreed to license a nuclear reactor design to Applied Atomics, a move that follows pressure from activist investors.
FTSE 100 group Bunzl is reportedly facing proposals from activist investor Elliott, with analysts suggesting the company needs to generate sufficient excitement to rebut these proposals.

Activist investor Elliott Management is escalating pressure on Northern Star, advocating for a strategic review and exploring potential sale options for the company.

Activist investor Jana is reportedly urging Fiserv to divest more assets and refresh its board of directors.
Japanese companies have received a record number of shareholder proposals from activist investors this year, with 139 proposals submitted to 51 firms as of Friday, surpassing the previous year's total.
Analysts suggest three software stocks could be acquired or cease to exist by year-end, driven by activist investor pressure and their suitability for AI integration.
Activist investor Voss is reportedly advocating for Sempra to spin off its Oncor unit, a move that could significantly impact the energy company's structure.
Synopsys has reached a settlement with activist investor Elliott Management, leading to the appointment of Elliott's Jesse Cohn to the company's board of directors. This agreement comes as Synopsys also reported strong fourth-quarter results and guidance.
Activist investors are reportedly focused on improving the performance of CarMax stock, with analysis provided on potential investment strategies for KMX.
Activist investor Elliott Management has reportedly built a significant stake in the life-science firm Bio-Rad Laboratories, according to a Wall Street Journal report.
UK veterinary group CVS has become the target of activist investor Converium Capital, which is critical of the company's stock performance post-regulatory probe.

The Hayek family successfully defeated an activist investor's latest attempt to join the Swatch Group's board during a contentious general meeting. US investor Wood's bid was once again rejected by the family's resistance.
Activist investor TOMS Capital has reiterated its demand for Voya Financial to initiate a strategic review of its operations.
Card provider WEX has reached an agreement with an activist investor, confirming that CEO Melissa Smith will remain in her position.
Activist investor Starboard Value is reportedly intensifying its efforts and tightening its grip on Lamb Weston, a major potato products company.

Several major tech companies, including Meta and Microsoft, reported earnings, leading to significant fluctuations in their stock prices. Meta saw a substantial drop after its AI expense estimates, while Microsoft's solid earnings didn't prevent a stock decline.
Shareholders of Kao Corporation voted against a proposal by activist investor Oasis Management for an independent investigation into the company's supplier relationships. The decision reflects the shareholders' stance on corporate governance and oversight.
Activist investor Kimmeridge is pushing for significant changes at Devon Energy, advocating for asset sales following the company's merger with Coterra, stating it's 'time for action.'
Nippon Express shares surged after activist investor Elliott Management disclosed it had acquired a 5% stake in the Japanese logistics company. This move marks Elliott's latest significant investment in Japan.
Japan is reportedly moving to tighten its regulations concerning shareholder proposals, a decision that comes amidst growing pushback against activist investors. The new rules aim to address concerns raised by corporations regarding shareholder activism.
Activist investor Land & Buildings has issued a white paper criticizing Welltower's (WELL) executive compensation plan.
Speculation is circulating regarding PayPal potentially becoming an acquisition target, prompting discussions on how to approach PYPL stock amidst activist investor rumors.
OraSure Technologies saw gains after reaching a cooperation pact with an activist investor and adding a nominee to its board of directors.

Activist investor Elliott Management has acquired a stake in Japanese air conditioner maker Daikin Industries, advocating for a portfolio review and improved returns. This news led to a significant jump in Daikin's share price.

A major activist investor is confronting the traditional lingerie company Calida, demanding a significant share buyback, a move the company's board is resisting.
CarMax has reached a settlement with activist investor Starboard, resulting in the appointment of two new members to its board of directors.
Activist investor Wyser-Pratte has publicly criticized the Italian government's reported plan to remove the chief executive officer of defense contractor Leonardo.

Snap's stock surged by 13% following suggestions from activist investor Irenic Capital, which proposed measures such as closing the Specs division and replacing over a fifth of Snap's workforce with artificial intelligence to significantly increase the stock's value.
Activist investor Palliser is reportedly targeting Japanese MSG maker Ajinomoto, engaging in an "AI Hunt" which likely involves leveraging artificial intelligence for operational efficiency or investment strategy.
Norwegian Cruise Line is set to restructure its board following a truce reached with activist investor Elliott Management, leading to an overhaul of its governance.
An activist investor has publicly escalated its dispute with EagleBank, bringing their disagreements into the public sphere.
The stock of an Nvidia partner company is experiencing a rise following news that an activist investor has taken an interest in the firm.
Tripadvisor has appointed new directors to its board as part of a deal reached with activist investor Starboard Value, aiming to enhance corporate governance and strategy.
Activist investors are reportedly targeting Japan's shipping stocks, driven by the recent increase in vessel prices and potential for market gains.
Activist investor Elliott Management has reportedly built a large stake in chip-design software maker Synopsys, as revealed in an exclusive Wall Street Journal report.
Activist investor Elliott Management has reportedly built a significant stake in Align Technology, the maker of Invisalign, signaling potential changes or strategic pressure on the company, as reported by Bloomberg News and Reuters.

Shares of Japanese shipping firm Mitsui OSK surged to record highs after activist investor Elliott Investment Management confirmed it had established a 'significant' stake, signaling potential pressure for corporate changes or value creation within the firm. This confirmation follows earlier exclusive reports of Elliott's substantial investment.
A top investor relations firm, with a former insider on its team, is offering advice to corporate boards on how to effectively engage with activist investors.
Activist investor Starboard Value has acquired a $350 million stake in CarMax and is now seeking representation on the company's board of directors.
An activist investor has acquired a stake in the struggling company Nidec and is advocating for significant governance reforms within the firm.
A billionaire activist investor has reportedly poured $1 billion into Pinterest stock, raising questions about the company's future valuation and market position.
Activist hedge fund Starboard Value has reportedly acquired a significant stake in Lamb Weston, a major producer of frozen french fries.
Toyota and activist investor Elliott Investment Management have amicably resolved their dispute, reaching an agreement that satisfied both parties.
A small shop in Ohio has become the target of one of the fiercest activist investors in the market.
Activist investor Elliott Management has made a substantial $1 billion investment in the social media platform Pinterest.
Shareholders of Jack in the Box have voted to re-elect the company's board of directors, effectively rejecting a proxy fight initiated by an activist investor.

Activist investor Elliott Management has reportedly forced carmaker Toyota into a $35 billion showdown, with the outcome of this take-private fight offering lessons for similar corporate battles in Japan.
J.M. Smucker reported increased sales, attributed to higher coffee prices, while activist investor Elliott Management secured two seats on the company's board.

SEG said it would follow £2.1 billion in buybacks made last year with another £3 billion by February next year.

Activist investor David Tepper has sent a strongly worded letter to Whirlpool, accusing the company of destroying shareholder value and advocating for significant changes.
Activist investor Davidson Kempner Capital Management has submitted regulatory filings disclosing its position in British food ingredients company Tate & Lyle, signaling potential strategic interest.

Wendy’s stock fell sharply after reports emerged that activist investor Trian Partners has no immediate plans to pursue a takeover of the fast-food chain. The development ends months of speculation regarding a potential buyout of the company.

An activist investor is calling on the board of Zevia to consider selling the business, suggesting a strategic change for the company.
Activist investors are increasingly influencing British merger and acquisition targets, encouraging companies to spin off businesses or sell to rivals to unlock greater value.
Northern Star Resources Ltd., Australia's largest gold miner, has rejected activist investor Elliott Investment Management LP's proposal to overhaul the company's board.

Activist investor Nelson Peltz is reportedly preparing an offer to acquire Wendy's, signaling a potential major shake-up for the fast-food chain.
Activist investor Anson Funds Management is reportedly urging Lionsgate Studio Corp. to put itself up for sale, increasing pressure on the independent film and TV production company.

Activist investor Starboard Value has revealed that it has taken a stake in the restaurant chain Shake Shack. Starboard CEO Jeff Smith confirmed the new position.
Activist investor Jana Partners has sent a new letter to Alkami Technology Inc.'s board, asserting that the fintech company is not conducting a genuine sale process and demanding further action.
Activist investor Sachem Head has acquired a 6.9% stake in Ionic Digital, signaling support for the miner's strategic pivot towards artificial intelligence infrastructure.

Nano Dimension and activist investor Murchison have completed a significant overhaul of the company's board, resulting in the exit of the CEO.

Compass Diversified shares saw gains following new pressure from ADW Capital Partners, indicating market reaction to the activist investor's involvement.

Workspace Group is pushing back against activist investor Saba's proposals, which include selling off its property portfolio and replacing all non-executive directors, ahead of an upcoming shareholder vote.
Activist investor Jana Partners is reportedly pressuring Alkami (ALKT) to explore a potential sale, aiming to unlock shareholder value.
Everpure's stock has seen gains following reports that activist investor Jana Partners has acquired a new stake in the company. This news suggests potential changes or pressure on Everpure's management.
The UK watchdog has proposed new rules to tighten investment trust regulations, aiming to close loopholes that were reportedly exposed by Saba Capital and make it harder for activist investors to control listed closed-end companies.
An activist investor has acquired a significant stake in Devon Energy (DVN), signaling potential changes or influence on the company's future direction.
Activist investor TCIM is reportedly targeting Devon Energy following a landmark merger, fueling speculation of a looming consolidation wave within the US shale oil patch.
Activist investor Ananym has reportedly urged Bio-Techne, a life sciences company, to consider a potential sale. This move signals increased pressure on the company's management regarding its strategic direction.
Activist investor Elliott has issued a response to gold miner Northern Star regarding a proposed sale, indicating ongoing tensions between the two parties.

Shares of Ashland gained following reports that activist investor Ancora has acquired a stake in the company.
Japanese companies are encountering an unprecedented number of proposals from activist investors during this year's shareholder meetings, reflecting increased pressure for corporate change.
A new study suggests that the majority of investors labeled as 'activist' do not fit the traditional definition, concluding that persistent bullying tactics are often the most effective.
Activist investor Voss Capital is reportedly urging Sempra to spin off its Texas electricity unit, Oncor, according to a letter.
Synopsys announced a settlement agreement with activist investor Elliott Management, which includes the appointment of Jesse Cohn to its board of directors.
Fast-food chain Wendy's is considered a prime candidate for activist investor Nelson Peltz's Trian fund, following a significant one-third drop in its share price.
Carl C. Icahn, a renowned activist investor, has indicated a positive sentiment towards Bausch + Lomb Corporation (BLCO) stock.
BlackLine (BL) continues to be a focus of market activity following pressure from activist investors. This suggests ongoing strategic developments or potential changes within the company.

Niklas Östberg, the CEO of Delivery Hero, is set to resign from his position, with the company beginning a search for his successor amidst pressure from activist investors.
A Wall Street Journal report details how the Trump administration adopted the characteristics of an activist investor during its tenure. The article explores the administration's influence and interventions in corporate affairs.
Activist investors are increasingly targeting major consumer staples companies, raising questions about the investment status of firms like General Mills.
An activist investor highlighted potential share-price upside for Premium Brands, contingent on target fixes.
Activist investor Jana has reportedly renewed its efforts, pushing Markel to divest certain ventures and initiate share buybacks.
Activist investor Engine Capital is reportedly urging KBR, an engineering and construction company, to explore a potential sale of the company, according to a report in the Wall Street Journal.
Activist investor Starboard Value has taken a stake in Dynatrace and is advocating for the company to initiate share buybacks.
Activist investor Starboard Value has acquired a significant stake in AI software maker Dynatrace, with reports indicating the firm is now pushing for changes within the company. This move has led to a rise in Dynatrace's stock.
Daikin's shares experienced a slight increase after activist investor Elliott Management outlined proposals for cost reductions.
Shares of PagerDuty are experiencing gains, reportedly fueled by speculation regarding activist investor involvement.
Once largely avoided, activist investors are increasingly finding success and establishing a stronger presence in the Japanese market.
Activist investor Elliott Management is reportedly pressuring Daikin to undertake a significant share buyback program as part of its activist campaign.

Snap Inc., the parent company of Snapchat, announced it is laying off approximately 1,000 employees, or 16% of its full-time staff. The company attributed the job cuts to a strategic shift towards AI efficiency and ongoing cost pressures.
Activist investor Third Point has decided against pursuing a proxy fight at CoStar Group and has exited its position in the company, according to a recent letter.
CarMax has agreed to appoint two new board members after engaging in discussions with activist investor Starboard Value.
Activist investor Nelson Peltz successfully backed a carve-out of Unilever's century-old food business, which McCormick is now acquiring for $45 billion. This marks another corporate break-up attributed to Peltz's influence and raises questions about McCormick's stock performance.
Snap Inc. shares have gained following reports that activist investor Irenic has acquired and formally disclosed a stake in the company, proposing value-boosting measures and strategic changes to boost valuation, including closing the Specs division and replacing over a fifth of Snap's workforce with artificial intelligence.
EagleBank has publicly rejected the board nominees put forward by an activist investor, signaling a corporate governance dispute.
An activist investor is reportedly pressuring Driven Brands, owner of Meineke, to consider exploring a sale of the company, according to a Wall Street Journal report, with new exclusive details confirming the push.
Activist investor Jeff Ubben's Inclusive Capital Partners is reportedly looking to sell its stake in the German pharmaceutical and life sciences company Bayer.

Activist investor Elliott Management has built a significant multibillion-dollar stake in chip-design software maker Synopsys, with the Wall Street Journal providing exclusive details, leading to a rally in the company's shares and signaling plans for engagement.
Tripadvisor has appointed new directors to its board as part of an agreement reached with activist investor Starboard Value.
Activist investor Elliott Management has reportedly built a significant stake in Synopsys, a leading chip-design software maker, signaling potential changes for the company.
Activist investor Elliott Management has reportedly built a significant stake in Synopsys, a prominent chip-design software maker, signaling potential changes for the company.
Japan's financial regulator chief stated that clear growth plans are the most effective defense for companies against short-term activist investors.
Activist investor Jana Partners is reportedly urging Six Flags Entertainment to consider a sale of the company, leading to a notable increase in the company's stock price.

Fortune Brands, the maker of Yale padlocks, has agreed to scrap a planned CEO appointment as part of a deal to avoid a proxy battle with an activist investor group.
Green activist investors are threatening BP with legal action following the company's rejection of a climate resolution, escalating tensions over environmental policy.
Activist investor Starboard Value has nominated two individuals to the board of directors for CarMax, signaling potential changes in the company's governance.
Phillips 66 has appointed two new directors to its board, a move aimed at averting a potential proxy battle with activist investor Elliott Management.
Japanese companies are increasingly being pressured by activist investors to unwind their traditional cross-shareholdings, a move that could reshape corporate governance in the country.
CVR Energy, Inc. (CVI) shares have risen significantly following a new investment by activist investor Carl Icahn.
Activist investor Elliott Management has made a substantial $1 billion investment in the social media platform Pinterest.
Activist investor Elliott Management has made a significant $1 billion investment in the social media platform Pinterest.

Pinterest shares surged 8% after activist investor Elliott Management disclosed a $1 billion stake in the company.

Stunned though Hollywood and Wall Street were by the flurry of action late Thursday in the Warner Bros.
JM Smucker has announced additions to its board of directors, a move that follows a recent agreement with an activist investor.
JM Smucker has appointed two new members to its board of directors as part of an agreement reached with an activist investor, aiming to address shareholder concerns and strategic direction.