A second activist hedge fund has bought up a large stake in the struggling language-learning company. Here’s why the two activists say change is needed — and fast.
Osmium Partners, which just unseated the CEO and took control of the board of Spark Networks, the parent company of JDate.com and ChristianMingle.com, now holds a 10% stake in Rosetta Stone.
A new database has tracked the biggest winners and losers in activist short-selling. Pershing Square’s Bill Ackman, despite Herbalife, is one of the best; David Einhorn of Greenlight Capital, isn’t.
Cannell Capital in April doubled its stake in Crumb Bake Shop to more than a million shares, despite nearly all signs pointing to the company’s ultimate demise. Earlier this week, the cupcake giant said it was closing all of its stores and going out of business.
Osmium Partners has successfully removed four members of the Spark Networks board after a contentious battle.
Investor discontent for executive compensation packages has caught many corporate boards off guard, particularly since stock prices are generally up, experts say.
The leading automated financial advisory startup has rocketed up from $700 million in assets in February to cross the billion-dollar mark less than four months later, as its young demographic has continued to invest using the algorithm-based technology.
Everything you need to know to understand the insider trading investigation involving Carl Icahn, Phil Mickelson, and Billy Walters over suspicious trades of Clorox.
Spruce Point Capital released a report today that details why iRobot, the company that makes the Roomba robotic vacuum, is a short target for them and other hedge funds.
After announcing its growth had flatlined due to mounting competition in the organic grocery space, shares of Whole Foods stock plummeted more than 20% and dragged down its specialty grocery peers.
The fast-casual Mediterranean dining chain began trading on the New York Stock Exchange at $25.65, more than $10 higher than its pricing of $15 per share.
BuzzFeed scored an invite to the 2014 Value Investing Congress in Las Vegas, where hedge fund managers from across the country and around the world come to divulge their favorite longs and shorts, and place a few other bets in the process. Here’s the scoop on what’s hot and what’s not.
Sometimes the billionaire activist pushed for a change that didn’t come, and companies fared better than if they’d heeded his advice, data shows. Most times, Carl Icahn made a lot of money.
Hedge fund managers are increasingly tweeting their research and their sharp-edged attacks betting that a company’s stock will fall instead of rise, in a medium that was made for stirring up trouble.
Starboard Value has gone on a hiring and purchasing spree to help with its battle to keep Olive Garden and Red Lobster under one corporate umbrella. How far will they go to keep the chains together?
“If Russia starts firing bullets, this morning’s slide is nothing.”
Dan Loeb’s Third Point Partners is demanding Sotheby’s open up all three board seats the $14 billion hedge fund is seeking. At this point, Sotheby’s is only offering one seat for Loeb, and the stock has fallen more than $3 per share in just over 24 hours.
Peter Tuchman has been on the floor of the New York Stock Exchange for almost 30 years. He’s seen it all, and if you’ve read a Wall Street-related story over that time, you’ve probably seen him.
With the Federal Reserve’s meeting currently underway, many are expecting the board to stay the course with its $85 billion in monthly bond purchases due to the government shutdown. As far as markets are concerned, this could mean a nightmarish next few months, economists say.
Here’s what you can buy at a random sample of 13 publicly traded companies for the price of one of their shares.
The company’s leaked earnings have sent its stock tumbling — shares have even been halted. Google isn’t losing money yet, but it is losing its main moneymaker. A dire outlook for one of the tech greats.
In fact, she is. The liberal standard-bearer’s wealth is in the eight-figures.
World events can’t hold back the bulls.
Investors are encouraged by a brightening economy.