Browsing: Activist hedge funds
The rapid descent of Southwest Airlines: How the company plunged from customer cult-favorite to activist investor target
In late December of 2022, an “extratropical cyclone” brought all manner of menacing winter conditions to two-thirds of the U.S.,…
Southwest Airlines pitched a new vision at the company’s investor day on Thursday morning as part of a bid to…
Billionaire Vinod Khosla slams Elon Musk for his U-turn on climate during Trump interview
Tesla CEO Elon Musk’s controversial climate comments during his interview with former president Donald Trump prompted backlash on X from…
In the first half of the year, 449 U.S. companies were subject to demands from activist investors, a 9% jump…
Southwest Airlines tagged in a billionaire board member, infuriating one of its investors
Southwest Airlines Co. appointed aviation industry veteran Rakesh Gangwal to its board, an effort to fortify the carrier’s leadership amid…
Legendary shortseller Jim Chanos allegedly used firm as a ‘piggy bank,’ raking in millions for himself and his girlfriend, partner claims
Jim Chanos, the short seller who made his name and fortune on Enron Corp.’s demise, was sued by a partner…
After body blows from activist investor Nelson Peltz, Disney’s Iger says streaming is ‘on track’ to profitability
Like the end of any Marvel movie, you’re going to need a wait a little longer for Disney’s earnings to…
Investor Nelson Peltz blasts CEO Bob Iger in 133-page activist memo—To ‘restore the magic,’ Disney needs to scrap sequels and reclaim the lead on animated films
Activist investor Nelson Peltz published 133 pages worth of ideas on how to improve Disney, but it might take a…