Elliott Management's $2B Stake Boosts Workday Stock Amid Strategic Moves
Workday's stock (WDAY) surged after activist investment firm Elliott disclosed a $2 billion stake and praised the company's management, signaling strong investor confidence.
Tag
Elliott
All articles tagged with #elliott
Elliott Investment Management acquires $4 billion stake in PepsiCo, targets strategic changes
Elliott Management has launched a campaign against PepsiCo after acquiring a $4 billion stake in the company, signaling potential activist investor involvement and strategic pressure.
Kailyn Lowry's Son Isaac Comes Out as LGBTQ+ and Changes Name to Elliott
Kailyn Lowry's 15-year-old son Elliott, formerly known as Isaac, came out as gay and explained his name change on her podcast, sharing his journey of self-acceptance and the importance of love and support from family. The emotional conversation highlighted his desire for privacy and authenticity, amid the viral sharing of prom photos that revealed his sexuality.
Kailyn Lowry's Son Isaac, 15, Comes Out as Gay and Reveals New Name
Kailyn Lowry's son, formerly known as Isaac, has come out as gay and revealed his new name, Elliott, on her podcast, sharing his personal journey and expressing pride in his identity, which Kailyn supports wholeheartedly.
"Currys Firm Rejects £700m Takeover Bid from US Investment Group"
US investment firm Elliott has made a £700m takeover approach to electrical goods retailer Currys, which has been rejected by the company as significantly undervaluing its business and future prospects. Elliott, known for its activist investor approach, is now considering whether to make a formal offer for Currys by 16 March. Despite struggling with falling sales, Currys increased its profit forecast for the year through cost-cutting measures, but its shares have fallen by more than a third over the past year.
"Elliott Management Pushes for $6.5 Billion Buyback at Japan's Mitsui Fudosan"
Activist fund Elliott Management has targeted Japan's largest property group, Mitsubishi Estate, urging it to improve corporate governance and boost shareholder returns, as the fund believes the company's shares are undervalued. Elliott's move comes as it seeks to capitalize on undervalued assets in Japan and push for changes in corporate behavior.
Elliott Management Pushes for Removal of NRG Energy CEO
Hedge fund Elliott Management is seeking to remove the CEO of NRG Energy, Mauricio Gutierrez, citing concerns over the company's performance and corporate governance. Elliott, which owns a 9.4% stake in NRG, has nominated five directors to the company's board and is pushing for a strategic review of the business.