Elliott Management

Marathon Petroleum Corp (NYSE: MPC) investors Paul Foster and Jeff Stevens, who control around 1.7% of the company, are calling for CEO Gary Heminger to be replaced, The Wall Street Journal reported Friday.  What Happened Activist investor Elliott Management had called for...

AT&T Inc. (NYSE: T) is evaluating a sale of its satellite business DirecTV, which would mark a departure from a prior corporate strategy, The Wall Street Journal reported. AT&T acquired DirecTV in 2015 and now is considering multiple strategic alternatives, including a spinoff of the...

President Donald Trump on Monday praised an activist investor’s move to take a stake in AT&T Inc. (NYSE: T) and used the fund’s criticism of its acquisitions strategy to reiterate his own animosity toward news network CNN, which is owned by AT&T’s WarnerMedia, formerly...

Shares of AT&T Inc. (NYSE: T) gained 9% Monday morning after activist investor Elliott Management confirmed a $3.2 billion stake and detailed how AT&T can generate a potential 65% return. 'The Truth' Elliott Management said in a letter its large investment reflects a "deep...

Shares of Nielsen Holdings PLC (NYSE: NLSN) moved higher by more than 3.6% Monday following a report of buyout interest from KKR & Co Inc (NYSE: KKR). What Happened A report from Intereconomia said private equity firm KKR is looking to buy Nielsen at $30 per share. Reports of a deal at first...

Barnes & Noble, Inc. (NYSE: BKS) has officially entered into a definitive agreement to be acquired by hedge fund Elliott Management for $6.50 per share in an all-cash transaction valued at approximately $683 million. This is not first acquisition Elliott has made of a large bookseller. In June...

Under pressure from activist investors Elliott Management and Starboard Value, eBay Inc (NASDAQ: EBAY) announced Friday it would pursue strategic initiatives. The initiatives will include a strategic review of assets, an operating review, and the addition of two new independent board members. What...

E-commerce company eBay Inc (NASDAQ: EBAY) reported fourth-quarter results Tuesday, days after activist investor Elliott Management announced a stake of more than 4 percent. Here's how the Street reacted. The Analysts Barclays' Ross Sandler maintains an Overweight rating on...

Shares of e-commerce platform eBay Inc (NASDAQ: EBAY) were trading higher Wednesday after activist investors took stakes in the company, with one outlining a strategy that includes spinning off non-core businesses.  Analysts said the news that Elliott Management Corp. and Starboard Value...

Nielsen Holdings PLC (NYSE: NLSN) shares were rallying Monday after The Wall Street Journal reported a notable activist investor firm accumulated a stake in the measurement and data analytics company. What Happened Paul Singer's firm Elliott Management acquired a stake in Nielsen,...

Warren Buffett and Jamie Dimon stirred the pot with their recent call for corporations to end the issuance of quarterly earnings guidance. "In our experience,” Dimon and Buffett said in an op-ed for the Wall Street Journal, “quarterly earnings guidance often leads to an unhealthy...

In response to an Elliott Management letter pressuring immediate initiation of a sale process, athenahealth, Inc (NASDAQ: ATHN) confirmed Thursday that it was exploring Elliott’s unsolicited takeover offer and would do so on its own time. What Happened “The Board currently is...

Activist investor Elliott Management has liquidated or is liquidating its stake in Taubman Centers, Inc. (NYSE: TCO), according to The Deal. The move could be a “major blow” to fellow activist Jonathan Litt’s Land & Buildings Investment Management and its proxy fight against...

Arconic Inc (NYSE: ARNC) is a stock that's "bruised" trading south of $18 per share, but to say it's "broken" stock is a mistake, according to Longbow Research.  The Analyst Longbow Research's Chris Olin upgraded Arconic from Neutral to Buy with a new $23...