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Jana's 9% Stake In Whole Foods Doesn't Guarantee Success
Monday, April 10, 2017 - 3:58pm | 428Read More...With the intention of pressuring a potential sale and hastening the company’s turnaround, activist investor Jana Partners LLC seized an 8.3-percent stake in Whole Foods Market, Inc. (NASDAQ: WFM) Monday and prompted a subsequent 10.5-percent spike in stock value. Jana Partners, whose members...
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A Timeline Ahead Of Time's Buyout
Sunday, March 5, 2017 - 9:05pm | 693Read More...Time Inc (NYSE: TIME), which was spun off from Time Warner Inc (NYSE: TWX) in mid-2014, could be another casualty of an industry-wide malaise that has rendered print media on the brink of extinction. As print advertising revenues suffered, the company was striving to make a mark in the digital...
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Activist Heavyweights Form Lobbying Group
Thursday, May 19, 2016 - 9:55am | 399Read More...Major activist hedge funds have formed a lobbying group called Council for Investor Rights and Corporate Accountability (CIRCA) to promote shareholder activism across the country. The announcement comes as presidential candidates Hillary Clinton and Bernie Sanders have been voicing against activist...
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As Oil Rebounds, This MLP ETF Blazes A Comeback Trail
Thursday, April 14, 2016 - 8:44am | 574Read More...There was a time when many income investors scurried into master limited partnerships (MLPs) and the corresponding exchange-traded funds searching for yield amid low U.S. interest rates. Part of their motivation was the belief that because most MLPs are not involved in the exploration and...
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Here's Why TeamHealth Holdings Surged 18%
Thursday, February 25, 2016 - 2:43pm | 223Read More...Shares of TeamHealth Holdings Inc (NYSE: TMH) surged higher by around 18 percent on Thursday after JANA Partners, an activist investment firm, disclosed an 8 percent stake in the company. JANA Partners stated that it believes TeamHealth has made "missteps in critical areas including...
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Daily Movers: AirMedia Soars; Uranium Energy Under Investigation
Friday, June 19, 2015 - 1:49pm | 671Read More...Coming off of Thursday's all-time high on the NASDAQ, Friday had notable movers: Winners AirMedia Group Inc (ADR) (NASDAQ: AMCN) soared nearly 44 percent as it received a “Go Private” proposal of $6/ADS. Shares were halted in the pre-market session and resumed trading nearly 34...
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Qualcomm Rallies With Accelerated Buyback Plan
Thursday, May 21, 2015 - 8:45am | 265Read More...QUALCOMM, Inc. (NASDAQ: QCOM) announced Thursday that it was accelerating $5 billion of its share buyback plan, which it is funding via a recent $10 billion debt offering. In pre-market trading, Qualcomm shares gained 1.7 percent to a last trade of $70.32. The bonds that Qualcomm will offer...
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Lessons On Activist Investing From Jana Partners' Barry Rosenstein
Monday, April 27, 2015 - 1:36pm | 413Read More...If there's one investing strategy among hedge funds that has received the most amount of limelight, it has to be activism. This popularity has to do with the fact that in the last few years while other hedge funds struggled to perform, activist investors have reeled in massive wins. One of...
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Here's Why A Qualcomm Split Is A 'Terrible Idea'
Monday, April 13, 2015 - 3:40pm | 462Read More...Jana Partners is pressuring QUALCOMM, Inc. (NASDAQ: QCOM) to spin off its chip production division and allow the patent licensing business to fly solo. Sean Udall, CIO of Quantum Trading Strategies and author of The TechStrat Report, is among those who are against the idea. "I think that...
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Jana Partners' Barry Rosenstein: 'The Walgreens Situation Is Terrific'
Monday, April 13, 2015 - 2:21pm | 368Read More...Walgreens Boots Alliance Inc (NYSE: WAG) is up almost 20 percent since last September when the company announced that it was giving activist hedge fund Jana Partners seats on its board. Barry Rosenstein, founder of Jana Partners, was on CNBC recently to discuss how things are improving at...
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Jana Partners' Barry Rosenstein On Investor Letter: We Are Not Definitely Saying That QUALCOMM Should Split Up
Monday, April 13, 2015 - 2:04pm | 392Read More...The Wall Street Journal reported on Monday that hedge fund Jana Partners LLC, in its quarterly letter to its investors, disclosed that it is asking QUALCOMM, Inc. (NASDAQ: QCOM) to spin off its chip unit from its patent-licensing business. The hedge fund also wants Qualcomm to cut costs and...
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The Activist Letter Moving Qualcomm Today
Monday, April 13, 2015 - 7:40am | 200Read More...Activist investor Jana Partners would like to see QUALCOMM, Inc. (NASDAQ: QCOM) break off its chip unit from its larger patent-licensing business, according to a letter obtained by The Wall Street Journal. This could be a welcome idea as Qualcomm itself had previously floated the idea of a...
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Hertz Stock Could Triple, According To Jana Partners Manager
Wednesday, February 4, 2015 - 5:15pm | 129Read More...Shares of Hertz Global Holdings, Inc. (NYSE: HTZ) spiked up briefly Wednesday afternoon following comments from Barry Rosenstein of the Jana Partners hedge fund. Speaking at the EnTrust Investment Summit in New York, Rosenstein expected Hertz will report financial results by June that will...
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Hertz Global Moves Higher Amid Carl Icahn's Increased Stake
Wednesday, November 26, 2014 - 9:34am | 127Read More...Hertz Global Holdings, Inc. (NYSE: HTZ) surged higher in after-hours trading Tuesday amid investor Carl Icahn increasing his stake in the company. The news comes a few days after Jana Partners indicated that it may have interest in changing the company’s board of directors. According to...
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Jana Partners May Shake Up Hertz Global Board, Shares Move Higher
Wednesday, November 19, 2014 - 6:46pm | 164Read More...Hertz Global Holdings, Inc. (NYSE: HTZ) traded higher in the after-hours session Wednesday amid news that its board may face a shake-up after Barry Rosenstein’s Jana Partners LLC filed an amended 13D with the SEC. Jana Partners disclosed to the SEC that it “has continued to have...











